Sector · NACE 2320

Manufacture of refractory products

34 Belgian companies whose main activity falls under NACE code 2320 have filed annual accounts. Their median solvency is 45.0% for financial year 2024.

Companies34
Median solvency45.0%
Median equity534,995 €
Median headcount (FTE)4.2
Founded in the last 3 years2

Sector medians

Computed by Idonis

Distribution across the sector's companies for financial year 2024: a quarter of companies sit below the 1st quartile, half below the median, three quarters below the 3rd quartile.

Indicator1st quartileMedian3rd quartileCompanies
Solvency 27.5%45.0%73.5% 31
Current ratio 1.211.482.93 31
ROE 1.7%7.0%20.9% 28
Equity 64,716 €534,995 €€2.33m 31
Total assets 285,866 €€1.14m€4.48m 31
Net result −92 €36,062 €107,309 € 31
Headcount (avg FTE) 1.14.222.4 23

Medians computed by Idonis from annual accounts filed with the National Bank, all sizes combined. The same panel is the sector benchmark on every company page. Method

Largest companies: Manufacture of refractory products

Ranked by total assets in the latest filed accounts. This is a size criterion, not an assessment.

#Company Total assetsRevenue EquityFTEYear
1 Rf TECHNOLOGIES 9860 Oosterzele €58.6m €55.9m €39.8m 83.7 2025
2 Liandur 7022 Mons €24.0m €24.8m €6.28m 25.9 2025
3 NB Beton 4960 Malmedy €12.9m — €6.26m 29.3 2025
4 Materiaux Ceramiques 4162 Anthisnes €10.1m €14.0m €7.54m 19.9 2024
5 G.N.B. Beton 6600 Bastogne €9.62m €19.5m €3.03m 34.5 2024
6 Vesuvius Belgium 8400 Ostend €8.15m €4.51m €3.50m 59.4 2025
7 Vesuvius Europe 7011 Mons €8.15m €17.7m €6.26m 1.0 2024
8 Belref 7330 Saint-Ghislain €4.81m €6.28m €1.86m 24.2 2025
9 Ipratec 7330 Saint-Ghislain €4.38m €3.35m €1.96m 1.0 2025
10 CBA Beton 6010 Charleroi €3.16m — 191,407 € 2.4 2025
11 Fibs-Trading 7331 Saint-Ghislain €3.09m — €2.50m 1.9 2025
12 Fire Technic 7901 Leuze-en-Hainaut €1.97m — €1.45m 9.6 2025
13 New Sokao 5570 Beauraing €1.95m — €1.59m 10.5 2025
14 Refractory Partners 7011 Mons €1.76m — €1.02m 3.7 2025
15 Wim Gabriels 2960 Brecht €1.69m — 412,891 € 4.1 2025
16 Immo DC Boondael 1050 Ixelles €1.58m — €1.58m — 2025
17 D-beton 9320 Aalst €1.41m — 203,073 € 4.0 2025
18 Ecsvuurvast 8400 Ostend €1.36m — €1.29m — 2026
19 Peter Mussche & Zonen 9100 Sint-Niklaas €1.17m — 525,637 € 2.0 2025
20 Concrete Records 3500 Hasselt €1.10m — 113,976 € — 2025

“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.

See all 34 companies, full list →

Related sectors

← The whole Manufacture of other non-metallic mineral products sector (NACE 23)

Frequently asked questions

How many Manufacture of refractory products companies are there in Belgium?

34 Belgian companies whose main activity falls under NACE code 2320 (Manufacture of refractory products) have filed annual accounts with the National Bank.

What is the median solvency in Manufacture of refractory products?

For financial year 2024, median solvency (equity over total assets) is 45.0%. The middle half of companies lies between 27.5% and 73.5% (31 companies).

What is the largest company in Manufacture of refractory products?

By total assets, it is Rf TECHNOLOGIES (€58.6m, financial year 2025).

Where are Manufacture of refractory products companies based?

The municipalities with the most: Mons (2), Saint-Ghislain (2), Ostend (2).

Idonis

Analyse companies in Manufacture of refractory products

Filter these companies by size, soundness and trend, follow them and get an alert when their accounts or publications change.

Open the full file →
Free account in 30 seconds, by email. No bank card.

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 12 Nov 2026.