Manufacture of electrical and electronic equipment for motor vehicles
Filed accounts
NACE 29310 · financial year 2025 · 48 filed annual accounts| Per financial year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Median solvency | 62.6% | 58.1% | 51.7% | 46.5% | 51.5% | 47.6% |
| Median net result | €38,309 | €39,127 | €37,827 | €31,918 | €37,566 | €25,388 |
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Bankruptcies
Recent bankruptcies
| Date | Company |
|---|---|
| 15-09-2026 | Trico Belgium
BE 0451.868.065 |
| 10-10-2025 | Engine Of Passion
BE 0660.841.796 |
Spread across the country
by region and province · 63 of 71 enterprises with a registered office on file · a sole trader has no published seat- Flanders
- Wallonia
- Brussels
- Abroad
The balance sheets of division 29 on the map, by municipality and down to the address
Largest employers
NACE 29310 as first main activity · staff from the latest accounts- 1 Trico BelgiumAubange 197 FTEfinancial year 2025
- 2 SmappeeHarelbeke 95.5 FTEfinancial year 2025
- 3 TEKSAM COMPANYGenk 45.7 FTEfinancial year 2025
- 4 DVCAuderghem 33.0 FTEfinancial year 2025
- 5 eNovatesLokeren 31.4 FTEfinancial year 2024
Joint committees
from the latest accounts of 27 companies- 111 Metal, mechanical and electrical engineering 10
- 209 White-collar workers in metal manufacturing 10
- 200 Auxiliary committee for white-collar workers 8
- 149.01 Electricians: installation and distribution 6
- 149.04 Metal trade 5
- 100 Auxiliary committee for blue-collar workers 2
- 149 Sectors related to metal, mechanical and electrical engineering 2
- 201 Independent retail 2
Show the 1 others
- 207 White-collar workers in the chemical industry 1
Source: the annual accounts at the National Bank. One filing can name more than one committee.
Division 29: Motor vehicles
Related activities
1 other activity| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| Manufacture of other parts and accessories for motor vehicles29320 | 189 | 8 | 1 | 5,655 |
Bankruptcies per year in division 29
| Per year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bankruptcies | 5 | 6 | 8 | 2 | 6 | 3 | 8 | 4 | 6 | 3 | 8 | 4 |
| Jobs lost | 349 | 50 | 11 | 5 | 8 | 6 | 9 | 61 | 91 | 2,470 | 14 | 242 |
2026 through September. Every bankruptcy, also of companies that have since left the register. Source: Statbel (Directorate-General Statistics), NACE classification of 2008.
Staff cost per FTE in NACE division 29
148 employers| Size | Median | Middle half | Employers |
|---|---|---|---|
| fewer than 10 FTE | €60,200 | €49,000 to €72,400 | 62 |
| 10 to 49 FTE | €66,700 | €60,400 to €78,000 | 48 |
| 50 to 249 FTE | €73,600 | €63,100 to €86,200 | 26 |
Employers with the highest staff cost per FTE in this division All sectors by staff cost In the Analysis workbench
Foreign control in NACE division 29
437 registered companiesSubsidies in this sector
per register · legal entities with an enterprise number- Flemish subsidies €31.1m awarded
- Federal transfers 401,225 amount as published
- EU budget €1.1m attributed share
- EU research €6.9m EU contribution
Insights on Manufacture of electrical and electronic equipment for motor vehicles
Balance sheet and result. The median net result of €25,388 is above Belgium's €16,520. Return on equity of 10.4% is below Belgium's 15.9%. Liquidity of 2.04 is above Belgium's 1.66.
Inflow and structure. Half of the companies are younger than 23.3 years, against 8.1 years in Belgium. 11.3% of the companies are sole traders, against 41.6% in Belgium. Wallonia holds 28.8% of the seats, against 22.7% in Belgium.
Staff and filing. The 5 largest employers hold 403 of the 566 FTE: 71.1%.
Direction. Median solvency fell from 62.6% in financial year 2020 to 47.6% in financial year 2025. The median net result fell from €38,309 in financial year 2020 to €25,388 in financial year 2025.
The comparison with Belgium as a whole and with the other divisions is as of 06-11-2026 05:30.
Method and sources
Every company registered today counts under its main activities in the KBO. Establishment units do not count. Staff counts once, under the employer's first main activity, from its latest accounts and only where it fits the staff costs. The count follows the NACE 2025 classification, the version in which code 29310 exists.
The bankruptcies over five years count only companies still registered today, because the activity of a company that left the register is not kept. So they are fewer than the bankruptcies of those years, and the figure is not a probability for the future. Over twelve months the count is nearly complete, because a bankrupt company stays registered while its bankruptcy runs. A company with more than one main activity counts in each of those sectors.
The comparison with Belgium as a whole and with the other NACE divisions rests on an overview of every division, counted again each night. Each division is counted in the version of the NACE classification in which it exists. A standing such as "more than in 80%" compares with the other divisions that have the figure. A division's bankruptcy probability is the median over its companies with a score. Belgium here counts the 1,276,581 companies with a main activity, because only those belong to a division. The other 698,987 registrations publish no activity.
Each median is the value of the middle company, computed over the annual accounts of financial year 2025, and is shown only from 30 accounts. A share (loss-making, negative equity) counts that year's accounts with that trait. Accounts are late when they are filed after the statutory deadline. The direction per financial year follows the companies still registered today. Missing or 90 days late counts the companies with accounts missing today, or whose latest were filed more than 90 days after the deadline. The dossier follows the same rule.