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BELTEC: employer check

BELTEC (Lier) averaged 45 full-time equivalents in financial year 2024. Is the workforce growing, do people stay, and how does the employer compare with its sector?

BELTEC
BE 0436.662.425LierNACE 28.120, Manufacture of machinery and equipment not elsewhere classified
Social balance 2024 · full formatOther company
Staff
45.1 FTE
46 people on 31-12-2024same as 2023
Sector median 9.3 FTEhighest quarter
Turnover
20%
11 joined, 9 left
Sector median 20%middle half
Staff cost per FTE
€64,900
financial year 2024 · cost to the employer, not a salary
Sector Higher than 30% of employers in Machinery and equipment with 10 to 49 FTE
Training
7 hours per FTE
314 hours in total · €5,300
Sector 43% report trainingmedian 14.3 hmiddle half

Staff cost per FTE over the years

euro per full-time equivalent

From 2019 to 2024 the staff cost per FTE rose by 20%. The sector's median is €73,800.

Highest staff cost per FTE in Machinery and equipment

Staff over the years

average FTE

From 2019 to 2024 staff grew by 5%. Years before the social balance in this form come from the accounts themselves.

Entries and exits

joinedleft

Why people left in 2024

  • Other reason (end of a temporary contract, resignation)9

Make-up on 31-12-2024

46 people
Full-time and part-timesector: 13% part-time
full-time 42 (91%)part-time 4 (9%)
Men and womensector: 13% women
men 43 (93%)women 3 (7%)
Type of contractsector: 100% permanent
permanent 46 (100%)
Job category
white-collar 8 (17%)blue-collar 38 (83%)

Training in 2024

ParticipantsHoursCost
Formal 23 314 €5,300

Training cost is 0.2% of personnel cost.

Agency workers in 2024

On average at work
8.5
Hours worked
16,017
Cost to the company
€583,800
Sector 50% use agency workersmedian 3%highest quarter

Agency workers and people placed at the company's disposal by another business; they are not on its own payroll register.

Every figure per financial year

as filed
2021202220232024
Average staff (FTE)42.642.145.245.1
Full-time / part-time (average)41.5 / 1.540.6 / 2.143.2 / 2.642.1 / 3.8
People at the closing date46454446
Hours worked73,15172,98277,52074,173
Personnel cost€2,427,700€2,645,500€2,981,500€2,925,200
Joined (people)13111011
Left (people)612119
Exit rate14%27%24%20%
Training hours--51314
Agency workers (average)--7.58.5

Recognised training company

dual learning, Flanders

No recognised dual-learning workplace today.

1 earlier recognitions have ended or were stopped.

Source: Flemish Department of Work and Social Economy, register of recognised dual-learning workplaces.

Employer stability

  • Status Active; no open bankruptcy or judicial reorganisation.
  • Financial health Checked score 50/100 (fair), accounts 2024
  • Filing of accounts The accounts for 2025 are still missing; the legal deadline has passed.
  • In business since 31-01-1989 (37 years)

How to read these figures

  • Source: the social balance in the annual accounts the company filed with the National Bank of Belgium. It covers its own staff, not that of its subsidiaries.
  • Personnel cost is the employer's total cost (gross pay, employer contributions, insurance and other benefits), not an employee's pay.
  • The staff costs of the annual accounts (item 62) divided by the average staff in full-time equivalents of the same financial year: what one full-time employee costs the employer, social contributions included. Neither a gross nor a net salary.
  • The sector is the NACE division of the main activity. Percentages are compared with employers of at least 5 FTE; the middle half runs from the first to the third quartile.
  • Exits are the number of leavers in full-time equivalents against average staff. Students, flexi-jobs and seasonal work are included and can make the percentage high.