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Repair, maintenance and installation of machinery and equipment

Current registrations 293division 33: 7,271
Starters, 12 months 206.8 per 100 · Belgium 8.9
Bankruptcies, 12 months 13.4 per 1,000 registrations · Belgium 6.2
Employment (FTE) 95752 employers · latest accounts
Median age 11.3 yearsBelgium 8.1 years
E-invoicing via Peppol 91.1%267 of 293 companies in the Peppol Directory · Belgium 85.0%

Filed accounts

NACE 33150 · financial year 2025 · 150 filed annual accounts
Median solvency
32.9%
division 42.3% · Belgium 46.1%
Median net result
€11,862
division €22,482 · Belgium €16,520
Median equity
€186,499
division €102,660 · Belgium €98,421
Loss-making
28.2%
division 18.7% · Belgium 26.7%
Negative equity
10.0%
division 7.7% · Belgium 12.4%
Median return on equity
9.1%
division 20.7% · Belgium 15.9%
Median liquidity
1.52
division 1.66 · Belgium 1.66
Filed late
35.5%
financial year 2024, 152 filings · division 39.1% · Belgium 38.4%
Missing or 90 days late
6.5%
of 170 companies with annual accounts · division 4.8% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 36.7%43.0%37.2%35.2%36.3%32.9%
Median net result €13,518€22,930€25,420€24,829€14,916€11,862

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

Bankruptcies

Bankruptcies, 5 years, still registered
10
3.41% of the registrations · Belgium 1.68%
Running bankruptcies
11
37.5 per 1,000 registrations

Recent bankruptcies

Date Company
08-05-2026 Spinette, Maïkel
BE 0780.488.823 · sole trader · Zele
15-04-2025 Cobalt Blue
BE 0477.012.940
31-03-2025 DELTEX
BE 0876.426.474
24-04-2024 VHB MARINE EN CONSTRUCTION
BE 0455.814.678
22-03-2024 GLOBE MARINE
BE 0543.585.624
29-09-2023 ECOBOAT 4 YOU
BE 0707.871.752
24-05-2023 HEGO
BE 0453.173.112
16-09-2022 EUROSHIPYARD
BE 0457.841.384

Every bankruptcy in division 33, last 90 days

Spread across the country

by region and province · 202 of 293 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 172 · 85.1%
  • Wallonia 18 · 8.9%
  • Brussels 8 · 4.0%
  • Abroad 4 · 2.0%
fewer moremax 92

Largest employers

NACE 33150 as first main activity · staff from the latest accounts
  1. 1 ENGINE DECK REPAIRAntwerp 180 FTEfinancial year 2025
  2. 2 Serco Maritime ServicesOstend 102 FTEfinancial year 2025
  3. 3 HEGOAntwerp 68.8 FTEfinancial year 2021
  4. 4 MEUSE ET SAMBREAndenne 55.8 FTEfinancial year 2020
  5. 5 ANGLO-EASTERN (ANTWERP)Antwerp 47.1 FTEfinancial year 2024

Joint committees

from the latest accounts of 66 companies
  • 111 Metal, mechanical and electrical engineering 42
  • 209 White-collar workers in metal manufacturing 41
  • 200 Auxiliary committee for white-collar workers 6
  • 149.01 Electricians: installation and distribution 4
  • 149.04 Metal trade 3
  • 201 Independent retail 3
  • 226 White-collar workers in international trade, transport and logistics 3
  • 100 Auxiliary committee for blue-collar workers 1
Show the 5 others
  • 109 Clothing and garment industry 1
  • 116 Chemical industry 1
  • 126 Furnishing and woodworking 1
  • 149 Sectors related to metal, mechanical and electrical engineering 1
  • 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 33: Repair and installation of machinery

Related activities

8 other activities
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 year201520162017201820192020202120222023202420252026
Bankruptcies301930253624234249716445
Jobs lost1783119170786258135108413188148

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
Median
€69,300
Belgium €61,400
Middle half
€56,000 to €83,300
half of the employers lie between
Place among sectors
28 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
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

Running bankruptcies in the sector

NACE division 33
Number
99
Half have run longer than
26 months
Belgium: 20 months
Longer than three years
36%
Belgium: 31%

Measured 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.

Outcome by court and division

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 669 recipients · 2022 to 2025 · largest: Subsidies voorschoolse kinderopvang
  • Federal transfers 379,839 amount as published 1 recipient · 2023 · largest: Toelagen in kader van de oproep tot projecten betreffende de energietransitie.
  • EU budget €11.2m attributed share 7 recipients · 2021 to 2025 · largest: Linked to buildings
  • EU research €6.3m EU contribution 9 recipients · 2017 to 2026 · largest: Horizon Europe

Explore every recipient in this sector

Insights on Repair, maintenance and installation of machinery and equipment

Balance sheet and result. Return on equity of 9.1% is below Belgium's 15.9%. Solvency of 32.9% is below Belgium's 46.1%. The median net result of €11,862 is below Belgium's €16,520.

Bankruptcies. The median bankruptcy probability of 0.7% is above Belgium's 0.2%.

Inflow and structure. Half of the companies are younger than 11.3 years, against 8.1 years in Belgium. Flanders holds 86.9% of the seats, against 64.7% in Belgium. 31.1% of the companies are sole traders, against 41.6% in Belgium.

Staff and filing. The 5 largest employers hold 453 of the 957 FTE: 47.4%.

Direction. Median solvency fell from 36.7% in financial year 2020 to 32.9% in financial year 2025. The median net result fell from €13,518 in financial year 2020 to €11,862 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 33150 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.