Ranking · Wallonia · NACE 25
Manufacture of fabricated metal products, except machinery and equipment: the largest employers in Wallonia
As of 14 Nov 2026, 863 companies in Manufacture of fabricated metal products, except machinery and equipment (NACE 25) in Wallonia report employees in recent accounts (financial years 2023 to 2026). The 10 largest employers account for 3,813.5 FTE, out of 14,421.5 for all of them; median headcount is 5.7 FTE. FN Herstal leads with 1,488.8 FTE (financial year 2025).
Top 50 · Manufacture of fabricated metal products, except machinery and equipment · Wallonia
Ranked by average headcount (FTE) reported in the latest filed accounts (accounts less than 3 years old).
| # | Company | Total assets | Revenue | Equity | FTE | Year |
|---|---|---|---|---|---|---|
| 1 | FN Herstal 4040 Herstal | €788.5m | €422.0m | €460.0m | 1,488.8 | 2025 |
| 2 | John Cockerill 4100 Seraing | €851.9m | €272.0m | €296.6m | 565.5 | 2025 |
| 3 | Thales Belgium 4040 Herstal | €450.1m | €436.9m | €67.6m | 450.5 | 2025 |
| 4 | KNDS Belgium 7181 Seneffe | €173.7m | €34.9m | €4.77m | 246.2 | 2025 |
| 5 | John Cockerill Defense 4431 Ans | €824.2m | €118.5m | €265.8m | 217.0 | 2025 |
| 6 | Euro - Locks S.A. 6600 Bastogne | €16.2m | €23.4m | €6.15m | 184.3 | 2025 |
| 7 | I.M.W.S. 7000 Mons | €2.36m | — | 209,781 € | 184.3 | 2023 |
| 8 | ASBL Metalgroup ETA 6001 Charleroi | €9.10m | €2.99m | €5.41m | 172.4 | 2025 |
| 9 | Metubel 7110 La Louvière | €13.1m | €21.6m | €5.17m | 155.9 | 2025 |
| 10 | Etablissements Gaume 6061 Charleroi | €17.3m | €22.8m | €10.5m | 148.6 | 2025 |
| 11 | Verdon 6180 Courcelles | €79.9m | €116.5m | €24.8m | 146.0 | 2025 |
| 12 | John Cockerill Services Hainaut 7170 Manage | €4.92m | €16.3m | −189,823 € | 141.9 | 2025 |
| 13 | Société Européenne de Galvanisation 4400 Flémalle | €37.9m | €76.8m | €13.8m | 139.0 | 2026 |
| 14 | Groupe Atlantic Manufacturing Belgium 7180 Seneffe | €33.1m | €35.4m | −€18.7m | 129.2 | 2025 |
| 15 | BROWNING International 4040 Herstal | €87.9m | €96.0m | €59.6m | 118.0 | 2025 |
| 16 | Ateliers Roisin 6220 Fleurus | €1.25m | — | 554,853 € | 116.0 | 2025 |
| 17 | Construction Metallique Mahieu 7780 Comines-Warneton | €26.4m | €73.9m | €6.66m | 110.2 | 2025 |
| 18 | Shur-Lok International 4800 Verviers | €19.0m | €26.4m | €8.58m | 96.0 | 2025 |
| 19 | Industrial Maintenance Piping 6700 Arlon | €1.21m | — | 23,659 € | 95.8 | 2025 |
| 20 | Capaul 4700 Eupen | €18.2m | €18.1m | €9.81m | 94.9 | 2025 |
| 21 | Mecamold 4040 Herstal | €6.11m | €9.93m | €1.25m | 90.6 | 2023 |
| 22 | Armstrong International 4040 Herstal | €50.7m | €36.5m | €25.0m | 89.3 | 2026 |
| 23 | Lumilux 6880 Bertrix | €17.8m | €19.1m | €4.39m | 80.8 | 2025 |
| 24 | Dedecker Precision Mechanics 7700 Mouscron | €15.5m | €13.0m | €3.80m | 79.0 | 2025 |
| 25 | Maga Belgium 6790 Aubange | 714,536 € | €5.51m | −516,903 € | 76.8 | 2025 |
| 26 | Techno Metal Industrie 5300 Andenne | €17.1m | €28.0m | €8.73m | 74.8 | 2025 |
| 27 | Beschützende Werkstätte-Die Zukunft - Amel, Büllingen, Burg Reuland, Bütgenbach, Sankt-Vith 4770 Amel | €3.56m | €1.28m | €2.73m | 73.5 | 2025 |
| 28 | Key Door Components 7900 Leuze-en-Hainaut | €15.0m | €25.7m | €3.59m | 72.5 | 2025 |
| 29 | Soprofen Belgium 6200 Châtelet | €7.65m | €17.1m | €3.73m | 67.3 | 2025 |
| 30 | Vanhulen High Precision Springs 4041 Herstal | €10.2m | €13.6m | €6.71m | 67.2 | 2026 |
| 31 | Mustad BELGIUM 4700 Eupen | €9.86m | €8.54m | €3.22m | 66.6 | 2025 |
| 32 | Euro - Register 4681 Oupeye | €6.90m | €7.93m | 945,342 € | 66.3 | 2025 |
| 33 | Delbrassine 4800 Verviers | €5.11m | €12.2m | €1.71m | 64.6 | 2025 |
| 34 | Parduyns 7900 Leuze-en-Hainaut | €8.05m | €18.0m | €4.24m | 64.0 | 2025 |
| 35 | Mecaspring 4040 Herstal | €7.80m | €9.62m | €1.48m | 62.3 | 2025 |
| 36 | Alumatic 6240 Farciennes | €10.3m | €16.9m | €3.87m | 61.6 | 2026 |
| 37 | ArcelorMittal Building Solutions Belgium 6220 Fleurus | €14.1m | €24.6m | −€10.3m | 60.3 | 2025 |
| 38 | Connecton Fasteners 4141 Sprimont | €15.1m | €24.3m | €10.7m | 60.1 | 2025 |
| 39 | R.T.A.M.A.G.E 6040 Charleroi | 662,808 € | — | 327,325 € | 60.0 | 2026 |
| 40 | Sparx Industries 4000 Liège | €8.02m | €19.7m | 178,313 € | 59.0 | 2024 |
| 41 | Ateliers Belgium Coatings 4460 Grâce-Hollogne | €12.9m | €5.90m | €1.18m | 58.0 | 2025 |
| 42 | EPCO 7522 Tournai | €112.7m | €48.1m | €56.7m | 56.4 | 2025 |
| 43 | TKM Industries 4020 Liège | €14.3m | €13.3m | €3.44m | 56.0 | 2025 |
| 44 | Ortmans 4890 Thimister-Clermont | €10.3m | €10.6m | €4.67m | 55.2 | 2025 |
| 45 | Metallic Bridges of Belgium 4560 Clavier | €15.1m | €28.4m | €2.36m | 53.8 | 2025 |
| 46 | D.L.D.B. 5020 Namur | €7.51m | €18.5m | €5.74m | 53.5 | 2025 |
| 47 | G.T.M. 7170 Manage | €4.22m | — | €1.35m | 53.2 | 2025 |
| 48 | Luckx 1480 Tubize | €14.2m | €14.2m | €1.05m | 52.6 | 2024 |
| 49 | Jomy 4452 Juprelle | €4.35m | — | 967,018 € | 51.9 | 2025 |
| 50 | Safran Blades 4570 Marchin | €68.6m | €5.96m | €44.3m | 50.8 | 2025 |
Ranking based on each company's own annual accounts (statutory, not consolidated): a subsidiary and its parent appear separately, and the ranking differs from lists based on consolidated group accounts. Headcount reported by the company for all its sites: the jobs may be located elsewhere.
“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.
Manufacture of fabricated metal products, except machinery and equipment across Belgium → All sectors · Wallonia →
Other sectors · Wallonia
- 01 Crop and animal production, hunting and related service activities780
- 02 Forestry and logging194
- 08 Other mining and quarrying77
- 10 Manufacture of food products965
- 11 Manufacture of beverages98
- 13 Manufacture of textiles80
- 14 Manufacture of wearing apparel32
- 16 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials221
- 17 Manufacture of paper and paper products44
- 18 Printing and reproduction of recorded media183
- 20 Manufacture of chemicals and chemical products154
- 21 Manufacture of basic pharmaceutical products and pharmaceutical preparations70
- 22 Manufacture of rubber and plastic products140
- 23 Manufacture of other non-metallic mineral products267
- 24 Manufacture of basic metals97
- 26 Manufacture of computer, electronic and optical products110
- 27 Manufacture of electrical equipment94
- 28 Manufacture of machinery and equipment n.e.c.245
- 29 Manufacture of motor vehicles, trailers and semi-trailers62
- 30 Manufacture of other transport equipment32
- 31 Manufacture of furniture147
- 32 Other manufacturing184
- 33 Repair, maintenance and installation of machinery and equipment290
- 35 Electricity, gas, steam and air conditioning supply55
- 37 Sewerage34
- 38 Waste collection, recovery and disposal activities185
- 39 Remediation activities and other waste management service activities12
- 41 Construction of residential and non-residential buildings1,635
- 42 Civil engineering231
- 43 Specialised construction activities4,772
- 46 Wholesale trade3,106
- 47 Retail trade6,426
- 49 Land transport and transport via pipelines954
- 50 Water transport13
- 52 Warehousing, storage and support activities for transportation248
- 53 Postal and courier activities44
- 55 Accommodation497
- 56 Food and beverage service activities3,655
- 58 Publishing activities116
- 59 Motion picture, video and television programme production, sound recording and music publishing activities117
- 60 Programming, broadcasting, news agency and other content distribution activities19
- 61 Telecommunication45
- 62 Computer programming, consultancy and related activities855
- 63 Computing infrastructure, data processing, hosting and other information service activities56
- 64 Financial service activities, except insurance and pension funding460
- 65 Insurance, reinsurance and pension funding, except compulsory social security30
- 66 Activities auxiliary to financial services and insurance activities976
- 68 Real estate activities1,204
- 69 Legal and accounting activities1,756
- 70 Activities of head offices and management consultancy1,072
- 71 Architectural and engineering activities; technical testing and analysis708
- 72 Scientific research and development141
- 73 Activities of advertising, market research and public relations285
- 74 Other professional, scientific and technical activities118
- 75 Veterinary activities173
- 77 Rental and leasing activities148
- 78 Employment activities145
- 79 Travel agency, tour operator and other reservation service and related activities124
- 80 Investigation and security activities39
- 81 Services to buildings and landscape activities738
- 82 Office administrative, office support and other business support activities285
- 84 Public administration and defence; compulsory social security25
- 85 Education560
- 86 Human health activities1,816
- 87 Residential care activities621
- 88 Social work activities without accommodation415
- 90 Arts creation and performing arts activities144
- 91 Libraries, archives, museums and other cultural activities63
- 92 Gambling and betting activities27
- 93 Sports activities and amusement and recreation activities459
- 94 Activities of membership organisations223
- 95 Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles524
- 96 Personal service activities823
Municipalities with the most companies in the sector · Wallonia
- 4040 Herstal43
- 4000 Liège (Glain, Rocourt)34
- 1480 Tubize (Clabecq, Oisquercq, Saintes)26
- 4100 Seraing (Boncelles)24
- 6220 Fleurus (Heppignies, Lambusart, Wangenies)23
- 7700 Mouscron (Luingne)22
- 1300 Wavre (Limal)20
- 4460 Grâce-Hollogne (Bierset, Grâce-Berleur, Hollogne-Aux-Pierres, …)20
- 4800 Verviers (Ensival, Lambermont, Petit-Rechain, …)20
- 4890 Thimister-Clermont (Clermont, Thimister)20
- 4020 Liège (Bressoux, Jupille-Sur-Meuse, Wandre)18
- 6040 Charleroi (Jumet)18
Frequently asked questions
Which is the largest employer in Manufacture of fabricated metal products, except machinery and equipment in Wallonia?
Among companies, FN Herstal, with 1,488.8 full-time equivalents reported (financial year 2025).
Are all the jobs located in the area?
Not necessarily: headcount is reported by the company for all its sites, and the company is ranked by the address of its registered office. 863 out of 1,609 companies in the sector report employees there.
Why does this ranking differ from other lists?
It uses each company's annual accounts as filed with the National Bank, not consolidated group accounts. A holding, a subsidiary or a purchasing entity can therefore appear separately. Only companies whose latest accounts are less than 3 years old are ranked.
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Active companies (legal entities) that have filed at least one set of annual accounts, based on the Crossroads Bank for Enterprises and the National Bank of Belgium. The sector is the main activity in the register; the municipality is that of the registered office. Data updated on 14 Nov 2026.