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Manufacture of other parts and accessories for motor vehicles

Current registrations 189division 29: 742
Starters, 12 months 84.2 per 100 · Belgium 8.9
Bankruptcies, 12 months 15.3 per 1,000 registrations · Belgium 6.2
Employment (FTE) 5,65547 employers · latest accounts
Median age 23.9 yearsBelgium 8.1 years
E-invoicing via Peppol 88.4%167 of 189 companies in the Peppol Directory · Belgium 85.0%

Filed accounts

NACE 29320 · financial year 2025 · 127 filed annual accounts
Median solvency
48.0%
division 42.1% · Belgium 46.1%
Median net result
€36,038
division €28,363 · Belgium €16,500
Median equity
€708,501
division €386,446 · Belgium €98,350
Loss-making
28.3%
division 25.4% · Belgium 26.7%
Negative equity
6.4%
division 10.0% · Belgium 12.4%
Median return on equity
9.4%
division 10.6% · Belgium 15.9%
Median liquidity
1.74
division 1.70 · Belgium 1.66
Filed late
27.6%
financial year 2024, 127 filings · division 35.9% · Belgium 38.4%
Missing or 90 days late
3.8%
of 133 companies with annual accounts · division 3.6% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 46.2%47.0%46.8%46.7%50.0%48.0%
Median net result €29,506€37,619€30,023€28,832€37,689€36,038

Hold your customer's or competitor's figures against them in the Sector benchmark

Bankruptcies

Bankruptcies, 5 years, still registered
1
0.53% of the registrations · Belgium 1.68%
Running bankruptcies
1
5.3 per 1,000 registrations

Recent bankruptcies

Date Company
05-10-2026 ASTRIA
BE 0460.522.940

Every bankruptcy in division 29, last 90 days

Spread across the country

by region and province · 158 of 189 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 107 · 67.7%
  • Wallonia 29 · 18.4%
  • Brussels 10 · 6.3%
  • Abroad 12 · 7.6%
fewer moremax 27

Largest employers

NACE 29320 as first main activity · staff from the latest accounts
  1. 1 TENNECO AUTOMOTIVE EUROPESint-Truiden 785 FTEfinancial year 2025
  2. 2 Aisin EuropeBraine-l'Alleud 780 FTEfinancial year 2026
  3. 3 Adient BelgiumAssenede 547 FTEfinancial year 2025
  4. 4 TI GROUP AUTOMOTIVE SYSTEMS (BELGIUM)Liège 373 FTEfinancial year 2025
  5. 5 THULEMenen 363 FTEfinancial year 2025

Joint committees

from the latest accounts of 80 companies
  • 209 White-collar workers in metal manufacturing 47
  • 111 Metal, mechanical and electrical engineering 41
  • 200 Auxiliary committee for white-collar workers 7
  • 109 Clothing and garment industry 6
  • 116 Chemical industry 6
  • 207 White-collar workers in the chemical industry 6
  • 112 Garages 4
  • 149.04 Metal trade 4
Show the 12 others
  • 215 White-collar workers in the clothing and garment industry 4
  • 126 Furnishing and woodworking 3
  • 120 Textile industry 2
  • 100 Auxiliary committee for blue-collar workers 1
  • 130 Printing, graphic arts and newspapers 1
  • 140 Transport and logistics 1
  • 140.02 Taxis 1
  • 142.02 Recovery of raw materials 1
  • 149 Sectors related to metal, mechanical and electrical engineering 1
  • 149.02 Coachwork 1
  • 214 White-collar workers in the textile industry 1
  • 226 White-collar workers in international trade, transport and logistics 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 electrical and electronic equipment for motor vehicles29310 71 3 1 566

Bankruptcies per year in division 29

Per year201520162017201820192020202120222023202420252026
Bankruptcies568263846384
Jobs lost3495011586961912,47014242

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
Median
€66,100
Belgium €61,400
Middle half
€58,000 to €79,600
half of the employers lie between
Place among sectors
39 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
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

Foreign control in NACE division 29

437 registered companies

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €31.1m awarded 118 recipients · 2022 to 2025 · largest: Vlaams opleidingsverlof (VOV)
  • Federal transfers 401,225 amount as published 2 recipients · 2023 to 2025 · largest: Steun aan het export in het raam van het OESO Verdrag aangaande export kredieten met de hulp van financiële instrumenten van commerciële of concessionele aard (cf. art. 2.14.6 en 2.14.15 van de wetsbepalingen)
  • EU budget €1.1m attributed share 3 recipients · 2022 to 2025 · largest: Horizon Europe
  • EU research €6.9m EU contribution 6 recipients · 2008 to 2025 · largest: Horizon 2020

Explore every recipient in this sector

Insights on Manufacture of other parts and accessories for motor vehicles

Balance sheet and result. The median net result of €36,038 is above Belgium's €16,500. 6.4% of the annual accounts show negative equity, against 12.4% in Belgium. Return on equity of 9.4% is below Belgium's 15.9%.

Inflow and structure. Half of the companies are younger than 23.9 years, against 8.1 years in Belgium. 16.4% of the companies are sole traders, against 41.6% in Belgium. In 12 months, 4.2 of 100 companies started, against 8.9 in Belgium. That is fewer than in 76% of the 87 NACE divisions.

Staff and filing. 27.6% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 2,848 of the 5,655 FTE: 50.4%.

Direction. Median solvency rose from 46.2% in financial year 2020 to 48.0% in financial year 2025. The median net result rose from €29,506 in financial year 2020 to €36,038 in financial year 2025.

The comparison with Belgium as a whole and with the other divisions is as of 08-11-2026 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 29320 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 1,276,474 companies with a main activity, because only those belong to a division. The other 699,509 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.