Ranking · Wallonia · NACE 25
Manufacture of fabricated metal products, except machinery and equipment: the largest companies in Wallonia
As of 14 Nov 2026, 1,528 companies in Manufacture of fabricated metal products, except machinery and equipment (NACE 25) in Wallonia publish total assets in recent accounts (financial years 2023 to 2026). The top 10 account for €3.49bn, out of €6.10bn for all of them; median total assets are 465,458 €. John Cockerill leads with €851.9m (financial year 2025).
Top 50 · Manufacture of fabricated metal products, except machinery and equipment · Wallonia
Ranked by total assets in the latest filed accounts. This is a size criterion, not an assessment.
| # | Company | Total assets | Revenue | Equity | FTE | Year |
|---|---|---|---|---|---|---|
| 1 | John Cockerill 4100 Seraing | €851.9m | €272.0m | €296.6m | 565.5 | 2025 |
| 2 | John Cockerill Defense 4431 Ans | €824.2m | €118.5m | €265.8m | 217.0 | 2025 |
| 3 | FN Herstal 4040 Herstal | €788.5m | €422.0m | €460.0m | 1,488.8 | 2025 |
| 4 | Thales Belgium 4040 Herstal | €450.1m | €436.9m | €67.6m | 450.5 | 2025 |
| 5 | KNDS Belgium 7181 Seneffe | €173.7m | €34.9m | €4.77m | 246.2 | 2025 |
| 6 | EPCO 7522 Tournai | €112.7m | €48.1m | €56.7m | 56.4 | 2025 |
| 7 | BROWNING International 4040 Herstal | €87.9m | €96.0m | €59.6m | 118.0 | 2025 |
| 8 | Verdon 6180 Courcelles | €79.9m | €116.5m | €24.8m | 146.0 | 2025 |
| 9 | Safran Blades 4570 Marchin | €68.6m | €5.96m | €44.3m | 50.8 | 2025 |
| 10 | Armstrong International 4040 Herstal | €50.7m | €36.5m | €25.0m | 89.3 | 2026 |
| 11 | Vigan Engineering 1400 Nivelles | €49.4m | €44.9m | €4.44m | 33.9 | 2025 |
| 12 | Marchand de Fer Delrue 7712 Mouscron | €39.9m | €94.2m | €29.9m | 48.0 | 2025 |
| 13 | Société Européenne de Galvanisation 4400 Flémalle | €37.9m | €76.8m | €13.8m | 139.0 | 2026 |
| 14 | A.M.B. 7000 Mons | €36.8m | €7.31m | €27.3m | 36.9 | 2025 |
| 15 | Groupe Atlantic Manufacturing Belgium 7180 Seneffe | €33.1m | €35.4m | −€18.7m | 129.2 | 2025 |
| 16 | Degotte 4040 Herstal | €30.1m | €13.0m | €5.73m | 30.0 | 2025 |
| 17 | Robs SA 4980 Trois-Ponts | €28.7m | — | €24.1m | 8.0 | 2026 |
| 18 | EMZ Werke Manderfeld 4760 Büllingen | €26.8m | €14.5m | €13.5m | 40.8 | 2025 |
| 19 | SGM Magnetics 1400 Nivelles | €26.7m | €1.62m | €22.9m | 1.0 | 2025 |
| 20 | Construction Metallique Mahieu 7780 Comines-Warneton | €26.4m | €73.9m | €6.66m | 110.2 | 2025 |
| 21 | T.R.H. Liège 4020 Liège | €23.9m | €29.4m | €8.20m | 32.2 | 2025 |
| 22 | HEINEN Doors Belgium 4950 Waimes | €23.2m | €12.8m | €7.96m | 42.2 | 2025 |
| 23 | Etablissements Vuylsteke 7700 Mouscron | €21.7m | €1.05m | €13.4m | 0.8 | 2025 |
| 24 | Lampre Benelux 4000 Liège | €21.3m | €26.8m | €11.4m | 28.1 | 2025 |
| 25 | Dcoup Laser 5620 Florennes | €20.7m | — | €4.33m | 41.6 | 2025 |
| 26 | Karl HUGO 4770 Amel | €20.4m | €19.3m | €16.0m | 49.5 | 2025 |
| 27 | Shur-Lok International 4800 Verviers | €19.0m | €26.4m | €8.58m | 96.0 | 2025 |
| 28 | Hoviplast 7830 Silly | €18.7m | €1.89m | €18.5m | 7.5 | 2025 |
| 29 | Capaul 4700 Eupen | €18.2m | €18.1m | €9.81m | 94.9 | 2025 |
| 30 | Lumilux 6880 Bertrix | €17.8m | €19.1m | €4.39m | 80.8 | 2025 |
| 31 | Urbeo Invest 4040 Herstal | €17.5m | — | €14.5m | — | 2025 |
| 32 | Etablissements Gaume 6061 Charleroi | €17.3m | €22.8m | €10.5m | 148.6 | 2025 |
| 33 | Techno Metal Industrie 5300 Andenne | €17.1m | €28.0m | €8.73m | 74.8 | 2025 |
| 34 | Euro - Locks S.A. 6600 Bastogne | €16.2m | €23.4m | €6.15m | 184.3 | 2025 |
| 35 | Quality SET 7522 Tournai | €15.6m | — | 514,470 € | — | 2025 |
| 36 | Dedecker Precision Mechanics 7700 Mouscron | €15.5m | €13.0m | €3.80m | 79.0 | 2025 |
| 37 | Metallic Bridges of Belgium 4560 Clavier | €15.1m | €28.4m | €2.36m | 53.8 | 2025 |
| 38 | Eternum 5030 Gembloux | €15.1m | €16.2m | €9.67m | 20.4 | 2025 |
| 39 | Louwet Junior 4347 Fexhe-le-Haut-Clocher | €15.1m | — | €14.9m | 15.3 | 2025 |
| 40 | Connecton Fasteners 4141 Sprimont | €15.1m | €24.3m | €10.7m | 60.1 | 2025 |
| 41 | Key Door Components 7900 Leuze-en-Hainaut | €15.0m | €25.7m | €3.59m | 72.5 | 2025 |
| 42 | Stahl - und Apparatebau Huppertz 4780 Sankt Vith | €14.6m | — | €11.3m | 35.7 | 2025 |
| 43 | Les Nouveaux Ateliers de la Meuse 4000 Liège | €14.4m | €4.24m | 945,202 € | 43.9 | 2025 |
| 44 | TKM Industries 4020 Liège | €14.3m | €13.3m | €3.44m | 56.0 | 2025 |
| 45 | Luckx 1480 Tubize | €14.2m | €14.2m | €1.05m | 52.6 | 2024 |
| 46 | ArcelorMittal Building Solutions Belgium 6220 Fleurus | €14.1m | €24.6m | −€10.3m | 60.3 | 2025 |
| 47 | Hufitex 4821 Dison | €13.2m | — | €8.27m | — | 2025 |
| 48 | Metubel 7110 La Louvière | €13.1m | €21.6m | €5.17m | 155.9 | 2025 |
| 49 | Ateliers Belgium Coatings 4460 Grâce-Hollogne | €12.9m | €5.90m | €1.18m | 58.0 | 2025 |
| 50 | Lasere 5020 Namur | €12.9m | €5.69m | €5.16m | 23.2 | 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.
“—”: 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 activities2,551
- 02 Forestry and logging541
- 03 Fishing and aquaculture31
- 08 Other mining and quarrying121
- 09 Mining support service activities17
- 10 Manufacture of food products1,478
- 11 Manufacture of beverages275
- 13 Manufacture of textiles155
- 14 Manufacture of wearing apparel101
- 15 Manufacture of leather and related products of other materials18
- 16 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials442
- 17 Manufacture of paper and paper products57
- 18 Printing and reproduction of recorded media532
- 20 Manufacture of chemicals and chemical products239
- 21 Manufacture of basic pharmaceutical products and pharmaceutical preparations179
- 22 Manufacture of rubber and plastic products196
- 23 Manufacture of other non-metallic mineral products441
- 24 Manufacture of basic metals140
- 26 Manufacture of computer, electronic and optical products210
- 27 Manufacture of electrical equipment185
- 28 Manufacture of machinery and equipment n.e.c.379
- 29 Manufacture of motor vehicles, trailers and semi-trailers114
- 30 Manufacture of other transport equipment56
- 31 Manufacture of furniture278
- 32 Other manufacturing409
- 33 Repair, maintenance and installation of machinery and equipment654
- 35 Electricity, gas, steam and air conditioning supply276
- 36 Water collection, treatment and supply19
- 37 Sewerage67
- 38 Waste collection, recovery and disposal activities297
- 39 Remediation activities and other waste management service activities29
- 41 Construction of residential and non-residential buildings4,193
- 42 Civil engineering477
- 43 Specialised construction activities12,039
- 46 Wholesale trade8,104
- 47 Retail trade12,950
- 49 Land transport and transport via pipelines1,819
- 50 Water transport41
- 51 Air transport53
- 52 Warehousing, storage and support activities for transportation567
- 53 Postal and courier activities126
- 55 Accommodation1,322
- 56 Food and beverage service activities6,704
- 58 Publishing activities410
- 59 Motion picture, video and television programme production, sound recording and music publishing activities595
- 60 Programming, broadcasting, news agency and other content distribution activities69
- 61 Telecommunication130
- 62 Computer programming, consultancy and related activities5,398
- 63 Computing infrastructure, data processing, hosting and other information service activities468
- 64 Financial service activities, except insurance and pension funding3,810
- 65 Insurance, reinsurance and pension funding, except compulsory social security111
- 66 Activities auxiliary to financial services and insurance activities2,334
- 68 Real estate activities12,723
- 69 Legal and accounting activities5,344
- 70 Activities of head offices and management consultancy12,300
- 71 Architectural and engineering activities; technical testing and analysis3,981
- 72 Scientific research and development396
- 73 Activities of advertising, market research and public relations2,471
- 74 Other professional, scientific and technical activities1,209
- 75 Veterinary activities727
- 77 Rental and leasing activities793
- 78 Employment activities299
- 79 Travel agency, tour operator and other reservation service and related activities262
- 80 Investigation and security activities133
- 81 Services to buildings and landscape activities1,907
- 82 Office administrative, office support and other business support activities2,358
- 84 Public administration and defence; compulsory social security39
- 85 Education1,500
- 86 Human health activities14,912
- 87 Residential care activities736
- 88 Social work activities without accommodation561
- 90 Arts creation and performing arts activities659
- 91 Libraries, archives, museums and other cultural activities86
- 92 Gambling and betting activities46
- 93 Sports activities and amusement and recreation activities1,303
- 94 Activities of membership organisations326
- 95 Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles1,290
- 96 Personal service activities1,967
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 company in Manufacture of fabricated metal products, except machinery and equipment in Wallonia?
By total assets, it is John Cockerill (€851.9m, financial year 2025).
How many companies in Manufacture of fabricated metal products, except machinery and equipment in Wallonia are ranked?
1,528 out of 1,609 active companies in the sector with their registered office in the area: those whose latest accounts are less than 3 years old.
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.