Other manufacturing
Activities
NACE division 32 · 13 activities| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| Manufacture of jewellery32123 | 1,529 | 198 | 5 | 215 |
| Manufacture of medical and dental instruments and supplies32500 | 1,234 | 53 | 6 | 3,653 |
| Other manufacturing not elsewhere classified32990 | 917 | 236 | 2 | 2,083 |
| Manufacture of imitation jewellery and related articles32130 | 707 | 98 | 1 | 10 |
| Other manufacturing32400 | 337 | 50 | 1 | 820 |
| Other manufacturing32200 | 247 | 10 | 0 | 25 |
| Other manufacturing32121 | 148 | 2 | 2 | 70 |
| Other manufacturing32300 | 115 | 12 | 1 | 59 |
| Other manufacturing32124 | 76 | 8 | 0 | 1 |
| Other manufacturing32129 | 39 | 6 | 0 | - |
| Other manufacturing32122 | 38 | 4 | 0 | 3 |
| Other manufacturing32910 | 23 | 1 | 0 | 121 |
Show all 13 activities
| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| Other manufacturing32110 | 11 | 1 | 0 | 4 |
Filed accounts
NACE division 32 · financial year 2025 · 1,417 filed annual accounts| Per financial year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Median solvency | - | - | 41.5% | 42.6% | 42.4% | 43.5% | 42.6% | 43.0% |
| Median net result | - | - | €12,402 | €16,265 | €13,896 | €12,376 | €10,324 | €11,640 |
| Filed late | 43.2% | 49.8% | 46.1% | 44.0% | 43.0% | 42.2% | 39.4% | - |
Hold your customer's or competitor's figures against them in the Sector benchmark
Staff cost per FTE in NACE division 32
261 employers| Size | Median | Middle half | Employers |
|---|---|---|---|
| fewer than 10 FTE | €56,600 | €46,600 to €71,900 | 146 |
| 10 to 49 FTE | €64,800 | €57,200 to €84,900 | 91 |
Employers with the highest staff cost per FTE in this division All sectors by staff cost In the Analysis workbench
Bankruptcies
Bankruptcies per year in division 32
| Per year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bankruptcies | 16 | 15 | 17 | 21 | 19 | 18 | 12 | 19 | 15 | 16 | 15 | 15 |
| Jobs lost | 24 | 15 | 72 | 24 | 46 | 34 | 16 | 33 | 24 | 17 | 34 | 27 |
2026 through September. Every bankruptcy, also of companies that have since left the register. Source: Statbel (Directorate-General Statistics), NACE classification of 2008.
Recent bankruptcies
| Date | Company |
|---|---|
| 27-10-2026 | Smile in Dental
BE 0745.471.427 |
| 26-10-2026 | Macabre Gadgets
BE 0783.335.574 |
| 05-10-2026 | Dumont Instruments & Co
BE 0418.455.327 |
| 18-09-2026 | MONTE CARLO DIAM
BE 0536.469.584 |
| 02-09-2026 | SISO
BE 0884.468.269 |
| 26-08-2026 | CONNECTUM
BE 0471.761.280 |
| 20-08-2026 | Mammoptix
BE 0786.721.270 |
| 10-07-2026 | DENTAL LAB 777
BE 1014.321.674 |
Spread across the country
by region and province · 1,929 of 5,407 enterprises with a registered office on file · a sole trader has no published seat- Flanders
- Wallonia
- Brussels
- Abroad
This sector's balance sheets on the map, by municipality and down to the address
Largest employers
NACE division 32 · staff from the latest accounts- 1 MATERIALISELeuven 606 FTEfinancial year 2025
- 2 Jean Del'courGrâce-Hollogne 548 FTEfinancial year 2025
- 3 VIGOWetteren 516 FTEfinancial year 2025
- 4 Cartamundi TurnhoutTurnhout 376 FTEfinancial year 2025
- 5 MOLNLYCKE HEALTH CAREWaremme 300 FTEfinancial year 2025
Joint committees
from the latest accounts of 545 companies- 200 Auxiliary committee for white-collar workers 132
- 201 Independent retail 80
- 330 Health institutions and services 66
- 340 Orthopaedic technologies 54
- 100 Auxiliary committee for blue-collar workers 42
- 330.03 Health institutions and services 38
- 149.03 Precious metals 37
- 209 White-collar workers in metal manufacturing 37
Show the 12 others
- 207 White-collar workers in the chemical industry 36
- 324 Diamond industry and trade 30
- 116 Chemical industry 29
- 111 Metal, mechanical and electrical engineering 28
- 126 Furnishing and woodworking 25
- 109 Clothing and garment industry 12
- 149.04 Metal trade 10
- 215 White-collar workers in the clothing and garment industry 7
- 128 Hides, leather and substitutes 5
- 149 Sectors related to metal, mechanical and electrical engineering 5
- 214 White-collar workers in the textile industry 5
- 120 Textile industry 4
Source: the annual accounts at the National Bank. One filing can name more than one committee.
Foreign control in NACE division 32
1,685 registered companiesSubsidies in this sector
per register · legal entities with an enterprise number- Flemish subsidies €28.2m awarded
- Wallonia-Brussels Federation €18,400 paid
- Federal transfers 625,300 amount as published
- EU budget €6.9m attributed share
- EU research €14.8m EU contribution
Insights on Other manufacturing
Balance sheet and result. 15.4% of the annual accounts show negative equity, against 12.4% in Belgium. The median net result of €13,561 is below Belgium's €16,497. Return on equity of 13.4% is below Belgium's 15.9%.
Bankruptcies. In 12 months, 3.3 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is fewer than in 61% of the 87 other NACE divisions. The median bankruptcy probability of 0.3% is above Belgium's 0.2%. By size, the median bankruptcy probability is 0.3% at under 10 FTE and 0.3% at 10 to 49 FTE.
Inflow and structure. 64.3% of the companies are sole traders, against 41.6% in Belgium. In 12 months, 12.6 of 100 companies started, against 8.9 in Belgium. That is more than in 91% of the 86 other NACE divisions. Half of the companies are younger than 6.9 years, against 8.1 years in Belgium.
Staff and filing. The 5 largest employers hold 2,345 of the 7,065 FTE: 33.2%.
Direction. Median solvency rose from 41.5% in financial year 2020 to 43.0% in financial year 2025. In 2024, Statbel counted 16 bankruptcies and 17 jobs lost, against 19 bankruptcies in 2019.
The comparison with Belgium as a whole and with the other divisions is as of 09-11-2026 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 32 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 1,276,461 companies with a main activity, because only those belong to a division. The other 699,442 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. 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.