Repair and maintenance of fabricated metal products
Filed accounts
NACE 33110 · financial year 2025 · 414 filed annual accounts| Per financial year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Median solvency | 40.0% | 40.7% | 42.9% | 44.1% | 46.6% | 44.3% |
| Median net result | €20,076 | €21,532 | €25,677 | €22,690 | €20,297 | €20,137 |
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Bankruptcies
Recent bankruptcies
| Date | Company |
|---|---|
| 29-10-2026 | FLEX MONTAGE
BE 0764.507.280 |
| 12-10-2026 | B-Tech Group
BE 0791.724.787 |
| 11-08-2026 | Wijnants, Andy
BE 0693.983.827 · sole trader · Diepenbeek |
| 15-07-2026 | BuildFusion
BE 0787.760.457 |
| 06-07-2026 | SR Renov
BE 0779.800.321 |
| 03-06-2026 | EL HOUJE'S
BE 0776.675.139 |
| 28-05-2026 | RR BUILDINGS
BE 0788.811.225 |
| 26-05-2026 | Beernaert, Jérôme
BE 0829.731.268 · sole trader · Ingelmunster |
Spread across the country
by region and province · 526 of 874 enterprises with a registered office on file · a sole trader has no published seat- Flanders
- Wallonia
- Brussels
- Abroad
The balance sheets of division 33 on the map, by municipality and down to the address
Largest employers
NACE 33110 as first main activity · staff from the latest accounts- 1 MedrepairBeveren-Kruibeke-Zwijndrecht 300 FTEfinancial year 2025
- 2 TMS INDUSTRIAL SERVICESTienen 261 FTEfinancial year 2025
- 3 FORCE MECHANICSKapellen 123 FTEfinancial year 2025
- 4 G.D.W.Waregem 99.8 FTEfinancial year 2025
- 5 CMA CGM INLAND SERVICES BELGIUMAntwerp 78.0 FTEfinancial year 2025
Joint committees
from the latest accounts of 152 companies- 111 Metal, mechanical and electrical engineering 60
- 209 White-collar workers in metal manufacturing 49
- 200 Auxiliary committee for white-collar workers 38
- 124 Construction 28
- 149.02 Coachwork 15
- 149.01 Electricians: installation and distribution 8
- 112 Garages 7
- 149 Sectors related to metal, mechanical and electrical engineering 7
Show the 8 others
- 149.04 Metal trade 7
- 100 Auxiliary committee for blue-collar workers 4
- 201 Independent retail 3
- 226 White-collar workers in international trade, transport and logistics 3
- 121 Cleaning 2
- 102 Quarries 1
- 109 Clothing and garment industry 1
- 126 Furnishing and woodworking 1
Source: the annual accounts at the National Bank. One filing can name more than one committee.
Division 33: Repair and installation of machinery
Related activities
8 other activities| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| Repair and maintenance of machinery33120 | 3,710 | 414 | 22 | 2,496 |
| Repair and maintenance of electrical equipment33140 | 634 | 72 | 5 | 130 |
| Repair, maintenance and installation of machinery and equipment33150 | 293 | 20 | 1 | 957 |
| Repair, maintenance and installation of machinery and equipment33130 | 203 | 20 | 1 | 37 |
| Repair, maintenance and installation of machinery and equipment33190 | 175 | 15 | 0 | 167 |
| Repair, maintenance and installation of machinery and equipment33170 | 129 | 4 | 0 | 348 |
Show all 8 activities
| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| Repair, maintenance and installation of machinery and equipment33160 | 115 | 4 | 0 | 393 |
| Repair, maintenance and installation of machinery and equipment33180 | 2 | 0 | 0 | - |
Bankruptcies per year in division 33
| Per year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bankruptcies | 30 | 19 | 30 | 25 | 36 | 24 | 23 | 42 | 49 | 71 | 64 | 45 |
| Jobs lost | 178 | 31 | 191 | 70 | 78 | 62 | 58 | 135 | 108 | 413 | 188 | 148 |
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 33
460 employers| Size | Median | Middle half | Employers |
|---|---|---|---|
| fewer than 10 FTE | €65,600 | €51,400 to €78,900 | 282 |
| 10 to 49 FTE | €74,700 | €63,000 to €84,900 | 144 |
| 50 to 249 FTE | €80,800 | €68,600 to €94,100 | 30 |
Employers with the highest staff cost per FTE in this division All sectors by staff cost In the Analysis workbench
Running bankruptcies in the sector
NACE division 33Measured nationally: Of 108,562 bankruptcies of legal entities across Belgium, 49% were closed within five years for insufficient assets and 28% after liquidation, 3% were withdrawn. After five years, 20% were still open. Half had ended after 26 months (a quarter after 15, three quarters after 51 months).
This counts companies with this main activity in the register on 6 November 2026. The outcome itself is not measured by sector. The activity of a company that leaves the register after its bankruptcy is too often not kept to compare closed cases fairly.
26 of the 3,776 companies in NACE division 33 have a parent company abroad. Main parent countries: Germany (4), Luxembourg (4) and Netherlands (4). Together they employ 2,126 of the division's 9,966 FTE: 21%, against 14% for Belgium as a whole.
Subsidies in this sector
per register · legal entities with an enterprise number- Flemish subsidies €35.6m awarded
- Federal transfers 379,839 amount as published
- EU budget €11.2m attributed share
- EU research €6.3m EU contribution
Insights on Repair and maintenance of fabricated metal products
Balance sheet and result. 7.0% of the annual accounts show negative equity, against 12.4% in Belgium. 17.4% of the annual accounts close with a loss, against 26.7% in Belgium. The median net result of €20,137 is above Belgium's €16,520.
Bankruptcies. In 12 months, 14.9 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is more than in 94% of the 88 NACE divisions. The median bankruptcy probability of 0.6% is above Belgium's 0.2%.
Inflow and structure. In 12 months, 3.0 of 100 companies started, against 8.9 in Belgium. That is fewer than in 85% of the 87 NACE divisions. This activity holds 12.0% of the registrations of Repair and installation of machinery.
Staff and filing. The 5 largest employers hold 862 of the 1,532 FTE: 56.2%.
Direction. Median solvency rose from 40.0% in financial year 2020 to 44.3% 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 33110 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.