Other manufacturing
No bankruptcy in the past five years.
Spread across the country
by region and province · 8 of 11 enterprises with a registered office on file · a sole trader has no published seat- Flanders
- Brussels
- Wallonia
The balance sheets of division 32 on the map, by municipality and down to the address
Largest employers
NACE 32110 as first main activity · staff from the latest accounts- 1 P. DE GREEF MEDALSAntwerp 4.2 FTEfinancial year 2025
Companies
11 with this main activity- MAUQUOY TOKEN COMPANY Westerlo · 13.8 FTE
- MAUQUOY Grobbendonk · 9.2 FTE
- P. DE GREEF MEDALS Antwerp · 4.2 FTE
- BELGOR FINANCE Woluwe-Saint-Lambert
- EUROSILVER Brussels
- Le VAL'HEUREUX Liège
- Marine Creation Tervuren
- Moens, Penny sole trader · Schilde
- PDG-MINT Antwerp
- Quertinmont, Dominique sole trader · Thuin
- Van Puyvelde, Eddy sole trader · Sint-Niklaas
Joint committees
from the latest accounts of 3 companies- 149.03 Precious metals 2
- 200 Auxiliary committee for white-collar workers 2
- 201 Independent retail 1
Source: the annual accounts at the National Bank. One filing can name more than one committee.
Division 32: Other manufacturing
Related activities
6 other activities| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| Manufacture of jewellery32123 | 1,529 | 198 | 5 | 215 |
| Manufacture of imitation jewellery and related articles32130 | 707 | 98 | 1 | 10 |
| Other manufacturing32121 | 148 | 2 | 2 | 70 |
| Other manufacturing32124 | 76 | 8 | 0 | 1 |
| Other manufacturing32129 | 39 | 6 | 0 | - |
| Other manufacturing32122 | 38 | 4 | 0 | 3 |
Filed accounts of the division
NACE division 32 · financial year 2025 · 1,420 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% | 42.9% |
| Median net result | - | - | €12,402 | €16,265 | €13,896 | €12,376 | €10,324 | €11,383 |
| Filed late | 43.3% | 49.8% | 46.2% | 44.0% | 43.1% | 42.2% | 39.4% | - |
Hold your customer's or competitor's figures against them in the Sector benchmark
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.
Staff cost per FTE in NACE division 32
261 employers| Size | Median | Middle half | Employers |
|---|---|---|---|
| fewer than 10 FTE | €56,600 | €46,700 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
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
Inflow and structure. This activity holds 0.2% of the registrations of Other manufacturing.
The comparison with Belgium as a whole and with the other divisions is as of 13-11-2026 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 32110 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 1,276,396 companies with a main activity, because only those belong to a division. The other 700,156 registrations publish no activity.
For NACE 32110, 5 annual accounts of financial year 2025 were filed. That is too few for a median, which needs at least 30.