Ranking · Wallonia · NACE 27
Manufacture of electrical equipment: the largest employers in Wallonia
As of 13 Nov 2026, 94 companies in Manufacture of electrical equipment (NACE 27) in Wallonia report employees in recent accounts (financial years 2023 to 2026). The 10 largest employers account for 4,325.3 FTE, out of 5,329.5 for all of them; median headcount is 6.1 FTE. ALSTOM Belgium leads with 1,668.6 FTE (financial year 2026).
Top 50 · Manufacture of electrical 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 | ALSTOM Belgium 6001 Charleroi | €755.8m | €814.7m | €297.4m | 1,668.6 | 2026 |
| 2 | Kabelwerk Eupen AG 4700 Eupen | €231.9m | €392.0m | €100.8m | 803.5 | 2025 |
| 3 | Nexans Benelux 6001 Charleroi | €196.9m | €358.4m | €32.1m | 541.5 | 2025 |
| 4 | Bureau d'Electronique appliquée 4031 Liège | €94.0m | €136.4m | €40.8m | 327.5 | 2026 |
| 5 | Newelec 4041 Herstal | €27.2m | €56.8m | €7.80m | 236.1 | 2025 |
| 6 | Automatic Systems 1300 Wavre | €56.2m | €60.3m | €1.64m | 227.3 | 2025 |
| 7 | Opticable 7080 Frameries | €30.2m | €42.1m | €16.4m | 137.2 | 2023 |
| 8 | Inductotherm Coating Equipment 4040 Herstal | €59.1m | €53.3m | €26.5m | 131.5 | 2025 |
| 9 | Ariston Benelux 5020 Namur | €45.5m | €78.6m | €19.9m | 129.1 | 2025 |
| 10 | Automation-Technique-Industrie 4890 Thimister-Clermont | €14.9m | €18.9m | €3.02m | 123.0 | 2025 |
| 11 | Stûv 5170 Profondeville | €16.2m | €23.8m | €11.8m | 96.2 | 2025 |
| 12 | Heinen S.A. 4701 Eupen | €8.35m | €16.9m | €3.51m | 87.1 | 2025 |
| 13 | Constructions Electroniques + Telecommunications 4020 Liège | €29.9m | €35.4m | €6.13m | 64.6 | 2025 |
| 14 | Ateliers Hubert Gerken 4800 Verviers | €27.7m | €18.0m | €15.2m | 58.8 | 2025 |
| 15 | Babyliss Faco 4020 Liège | €7.74m | €8.79m | €1.89m | 44.1 | 2025 |
| 16 | Etablissements Verhulst 4630 Soumagne | €8.62m | €14.0m | €4.49m | 42.9 | 2025 |
| 17 | Alpha Innovations 1348 Ottignies-Louvain-la-Neuve | €9.57m | €12.1m | €6.01m | 38.2 | 2025 |
| 18 | Belgo Tech 4530 Villers-le-Bouillet | €6.65m | — | €2.09m | 36.0 | 2026 |
| 19 | Grid Solutions Belgium 4800 Verviers | €55.6m | €42.0m | €14.7m | 35.0 | 2025 |
| 20 | Dalcq 6180 Courcelles | €51.3m | €62.9m | €12.1m | 30.5 | 2025 |
| 21 | Instrumelec-IME 7390 Quaregnon | €2.18m | €3.17m | 368,163 € | 28.3 | 2025 |
| 22 | Tornatech Europe 1435 Mont-Saint-Guibert | €7.33m | — | €3.33m | 26.4 | 2025 |
| 23 | S & D Tech 4400 Flémalle | €3.42m | €5.17m | €1.21m | 21.2 | 2025 |
| 24 | UPM Bruxelles 1480 Tubize | €5.57m | — | 919,527 € | 17.9 | 2025 |
| 25 | Tolemail 1400 Nivelles | €1.13m | — | 782,427 € | 16.7 | 2025 |
| 26 | Vangeel Electrical 6001 Charleroi | €1.70m | — | 311,801 € | 16.6 | 2025 |
| 27 | CDC-Cabines de Ciney 5590 Ciney | €7.70m | €5.67m | €1.76m | 16.0 | 2025 |
| 28 | Color Design 7860 Lessines | €6.20m | — | €2.55m | 15.7 | 2025 |
| 29 | Balteau Non Destructive Testing 4681 Oupeye | €1.51m | — | 578,576 € | 14.8 | 2025 |
| 30 | Bischoff 4700 Eupen | €1.07m | — | 818,323 € | 13.3 | 2025 |
| 31 | IEM Power Systems 4651 Herve | €6.29m | — | €1.32m | 13.3 | 2025 |
| 32 | Drytec 4141 Sprimont | €3.67m | — | €2.98m | 13.0 | 2025 |
| 33 | Jules Forget C.E.A. 6761 Virton | €2.63m | — | €1.08m | 12.6 | 2025 |
| 34 | P³lab 1341 Ottignies-Louvain-la-Neuve | €6.38m | — | 978,554 € | 10.2 | 2025 |
| 35 | Identification Design Signs Products 7170 Manage | €2.41m | — | €2.07m | 10.0 | 2025 |
| 36 | AJ-Air 5330 Assesse | €1.33m | — | 364,591 € | 10.0 | 2025 |
| 37 | JMei 6900 Marche-en-Famenne | 845,074 € | — | 585,870 € | 9.9 | 2025 |
| 38 | EASI Network 4450 Juprelle | 798,901 € | — | 178,776 € | 9.7 | 2025 |
| 39 | Tchamba - Refinder 4840 Welkenraedt | 651,267 € | — | 87,593 € | 9.3 | 2025 |
| 40 | Elektro-Service DEMONTHY 4850 Plombières | 503,086 € | — | 135,066 € | 8.9 | 2025 |
| 41 | Etudelec 1367 Ramillies | €1.29m | — | 358,815 € | 8.3 | 2025 |
| 42 | Neon Alex 5022 Namur | €2.34m | — | 530,271 € | 8.2 | 2025 |
| 43 | Leclercq Energy 4671 Blegny | €1.06m | — | 59,883 € | 8.1 | 2025 |
| 44 | Azimut Energy 4557 Tinlot | €2.23m | — | 754,505 € | 7.4 | 2025 |
| 45 | Boogaerts 1300 Wavre | 565,982 € | — | −94,043 € | 7.0 | 2025 |
| 46 | Enseignes Plexi 5500 Dinant | 949,759 € | — | 585,180 € | 6.2 | 2025 |
| 47 | KST Lighting 4020 Liège | €1.49m | — | 225,302 € | 6.2 | 2025 |
| 48 | Prodetics 1460 Ittre | €1.59m | — | 892,350 € | 5.9 | 2025 |
| 49 | Etablissements Georges DASSY et Fils 5000 Namur | 860,564 € | — | 699,765 € | 5.5 | 2025 |
| 50 | A.M.U. Robotic SPRL 4900 Spa | €1.57m | — | 754,453 € | 5.5 | 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 electrical 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
- 25 Manufacture of fabricated metal products, except machinery and equipment863
- 26 Manufacture of computer, electronic and optical products110
- 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 furniture148
- 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 activities4,771
- 46 Wholesale trade3,107
- 47 Retail trade6,427
- 49 Land transport and transport via pipelines955
- 50 Water transport13
- 52 Warehousing, storage and support activities for transportation248
- 53 Postal and courier activities44
- 55 Accommodation497
- 56 Food and beverage service activities3,657
- 58 Publishing activities116
- 59 Motion picture, video and television programme production, sound recording and music publishing activities116
- 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 activities977
- 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 analysis709
- 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 activities1,817
- 87 Residential care activities621
- 88 Social work activities without accommodation415
- 90 Arts creation and performing arts activities144
- 91 Libraries, archives, museums and other cultural activities62
- 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
- 1300 Wavre (Limal)8
- 6001 Charleroi (Marcinelle)6
- 6040 Charleroi (Jumet)5
- 1348 Ottignies-Louvain-la-Neuve (Louvain-La-Neuve)4
- 1480 Tubize (Clabecq, Oisquercq, Saintes)4
- 4040 Herstal4
- 1420 Braine-l'Alleud3
- 1435 Mont-Saint-Guibert (Corbais, Hévillers)3
- 1460 Ittre (Virginal-Samme)3
- 4020 Liège (Bressoux, Jupille-Sur-Meuse, Wandre)3
- 4100 Seraing (Boncelles)3
- 4651 Herve (Battice)3
Frequently asked questions
Which is the largest employer in Manufacture of electrical equipment in Wallonia?
Among companies, ALSTOM Belgium, with 1,668.6 full-time equivalents reported (financial year 2026).
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. 94 out of 199 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 13 Nov 2026.