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Repair, maintenance and installation of machinery and equipment

Current registrations 129division 33: 7,276
Starters, 12 months 43.1 per 100 · Belgium 8.9
Employment (FTE) 34814 employers · latest accounts
Median age 6.9 yearsBelgium 8.1 years
E-invoicing via Peppol 86.0%111 of 129 companies in the Peppol Directory · Belgium 85.0%

No bankruptcy in the past twelve months.

Filed accounts

NACE 33170 · financial year 2025 · 48 filed annual accounts
Median solvency
37.3%
division 42.3% · Belgium 46.1%
Median net result
€19,231
division €22,497 · Belgium €16,490
Median equity
€96,203
division €102,251 · Belgium €98,313
Loss-making
20.8%
division 18.7% · Belgium 26.7%
Negative equity
6.3%
division 7.7% · Belgium 12.4%
Median return on equity
17.3%
division 20.8% · Belgium 15.9%
Median liquidity
1.48
division 1.66 · Belgium 1.66
Filed late
34.0%
financial year 2024, 47 filings · division 39.1% · Belgium 38.4%
Missing or 90 days late
5.7%
of 53 companies with annual accounts · division 4.8% · Belgium 5.4%
Per financial year20212022202320242025
Median solvency 27.9%31.7%34.8%40.7%37.3%
Median net result €31,169€33,301€25,973€18,690€19,231

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

Bankruptcies

Bankruptcies, 5 years, still registered
2
1.55% of the registrations · Belgium 1.68%
Running bankruptcies
2
15.5 per 1,000 registrations

Recent bankruptcies

Date Company
23-05-2025 VSD TRANSPORT
BE 0766.892.490
27-01-2023 Cryogeen Service Center Antwerpen
BE 0769.449.332

Every bankruptcy in division 33, last 90 days

Spread across the country

by region and province · 76 of 129 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 56 · 73.7%
  • Wallonia 9 · 11.8%
  • Brussels 6 · 7.9%
  • Abroad 5 · 6.6%
fewer moremax 19

Largest employers

NACE 33170 as first main activity · staff from the latest accounts
  1. 1 NEBIMGhent 82.1 FTEfinancial year 2025
  2. 2 ICTS ServicesBruges 51.0 FTEfinancial year 2025
  3. 3 RAIL SERVICE NETAntwerp 45.2 FTEfinancial year 2025
  4. 4 ANTWERP CONTAINER REPAIRBeveren 42.9 FTEfinancial year 2025
  5. 5 EUROPEAN COMBINED REEFERSAntwerp 37.9 FTEfinancial year 2025

Joint committees

from the latest accounts of 20 companies
  • 200 Auxiliary committee for white-collar workers 8
  • 209 White-collar workers in metal manufacturing 8
  • 111 Metal, mechanical and electrical engineering 7
  • 112 Garages 6
  • 149.04 Metal trade 4
  • 149.01 Electricians: installation and distribution 1
  • 201 Independent retail 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 3 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 108,651 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 10 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 3,779 companies in NACE division 33 have a parent company abroad. Main parent countries: Germany (4), Luxembourg (4) and Netherlands (4). Together they employ 2,127 of the division's 9,967 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 670 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. 6.3% of the annual accounts show negative equity, against 12.4% in Belgium. 20.8% of the annual accounts close with a loss, against 26.7% in Belgium. Solvency of 37.3% is below Belgium's 46.1%.

Bankruptcies. The median bankruptcy probability of 0.9% is above Belgium's 0.2%.

Inflow and structure. Flanders holds 78.9% of the seats, against 64.7% in Belgium. Half of the companies are younger than 6.9 years, against 8.1 years in Belgium. This activity holds 1.8% of the registrations of Repair and installation of machinery.

Staff and filing. 34.0% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 259 of the 348 FTE: 74.5%.

Direction. Median solvency rose from 27.9% in financial year 2021 to 37.3% in financial year 2025. The median net result fell from €31,169 in financial year 2021 to €19,231 in financial year 2025.

The comparison with Belgium as a whole and with the other divisions is as of 11-11-2026 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 33170 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 1,276,472 companies with a main activity, because only those belong to a division. The other 699,781 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.