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Repair, maintenance and installation of machinery and equipment

Current registrations 115division 33: 7,271
Starters, 12 months 43.5 per 100 · Belgium 8.9
Employment (FTE) 39310 employers · latest accounts
Median age 5.5 yearsBelgium 8.1 years
E-invoicing via Peppol 94.8%109 of 115 companies in the Peppol Directory · Belgium 85.0%

No bankruptcy in the past five years.

Filed accounts

NACE 33160 · financial year 2025 · 55 filed annual accounts
Median solvency
49.0%
division 42.3% · Belgium 46.1%
Median net result
€18,087
division €22,482 · Belgium €16,520
Median equity
€79,530
division €102,660 · Belgium €98,421
Loss-making
21.8%
division 18.7% · Belgium 26.7%
Negative equity
5.5%
division 7.7% · Belgium 12.4%
Median return on equity
23.3%
division 20.7% · Belgium 15.9%
Median liquidity
2.11
division 1.66 · Belgium 1.66
Filed late
25.0%
financial year 2024, 48 filings · division 39.1% · Belgium 38.4%
Missing or 90 days late
8.2%
of 61 companies with annual accounts · division 4.8% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 40.6%40.3%34.8%34.5%41.7%49.0%
Median net result €8,737€17,444€7,157€11,642€19,284€18,087

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

Spread across the country

by region and province · 83 of 115 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 42 · 50.6%
  • Wallonia 30 · 36.1%
  • Brussels 6 · 7.2%
  • Abroad 5 · 6.0%
fewer moremax 13

Largest employers

NACE 33160 as first main activity · staff from the latest accounts
  1. 1 TEC4JETSZaventem 152 FTEfinancial year 2025
  2. 2 ASL Maintenance BelgiumGrâce-Hollogne 142 FTEfinancial year 2025
  3. 3 Daedalus BelgiumRavels 25.5 FTEfinancial year 2024
  4. 4 PIX COATINGThimister-Clermont 16.4 FTEfinancial year 2025
  5. 5 Patrick's Motor MaintenanceHerentals 16.2 FTEfinancial year 2025

Joint committees

from the latest accounts of 20 companies
  • 209 White-collar workers in metal manufacturing 9
  • 315.01 Commercial aviation 8
  • 111 Metal, mechanical and electrical engineering 6
  • 200 Auxiliary committee for white-collar workers 2
  • 315.02 Commercial aviation 2
  • 100 Auxiliary committee for blue-collar workers 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 equipment33170 129 4 0 348
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. 5.5% of the annual accounts show negative equity, against 12.4% in Belgium. Return on equity of 23.3% is above Belgium's 15.9%. Liquidity of 2.11 is above Belgium's 1.66.

Bankruptcies. The median bankruptcy probability of 0.6% is above Belgium's 0.2%.

Inflow and structure. Wallonia holds 38.5% of the seats, against 22.7% in Belgium. 27.8% of the companies are sole traders, against 41.6% in Belgium. Half of the companies are younger than 5.5 years, against 8.1 years in Belgium.

Staff and filing. 25.0% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 352 of the 393 FTE: 89.6%.

Direction. Median solvency rose from 40.6% in financial year 2020 to 49.0% in financial year 2025. The median net result rose from €8,737 in financial year 2020 to €18,087 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 33160 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.