Sector · NACE 2410

Manufacture of basic iron and steel and of ferro-alloys

143 Belgian companies whose main activity falls under NACE code 2410 have filed annual accounts. Their median solvency is 41.0% for financial year 2024.

Companies143
Median solvency41.0%
Median equity498,274 €
Median headcount (FTE)15.1
Founded in the last 3 years5

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 22.6%41.0%66.2% 134
Current ratio 1.041.532.94 132
ROE -3.6%5.8%17.1% 120
Equity 65,776 €498,274 €€2.87m 134
Total assets 292,379 €€1.47m€7.77m 134
Net result −9,883 €15,917 €196,045 € 133
Headcount (avg FTE) 4.115.158.2 84

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 basic iron and steel and of ferro-alloys

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

#Company Total assetsRevenue EquityFTEYear
1 Arcelormittal Belgium 1000 Brussels €4.55bn €4.89bn €1.66bn 5,838.8 2025
2 Aperam Stainless Belgium 3600 Genk €2.13bn €2.78bn €527.3m 2,081.9 2025
3 NLMK la Louviere 7100 La Louvière €451.6m €238.3m €51.0m 601.7 2025
4 INDUSTEEL Belgium 6030 Charleroi €364.7m €524.6m €81.7m 920.1 2025
5 Harsco Belgium 6200 Châtelet €187.3m €20.0m €183.7m 138.3 2025
6 NLMK Clabecq 1460 Ittre €182.2m €128.0m €30.7m 407.7 2025
7 Arceo 4000 Liège €144.1m 0 € €139.1m — 2025
8 THY Marcinelle 6000 Charleroi €127.6m €405.7m €26.4m 417.7 2025
9 Duferco Wallonie 7100 La Louvière €105.1m €15.1m €25.4m 44.6 2025
10 Intersig 9200 Dendermonde €69.9m €134.3m €35.9m 160.2 2025
11 Proferro 8900 Ypres €61.0m €103.1m €49.3m 515.9 2025
12 ArcelorMittal ESP 2440 Geel €59.0m €114.2m €17.1m 129.7 2025
13 Armasteel 9042 Ghent €55.4m €68.5m €7.14m 20.4 2025
14 REX Panels & Profiles 7522 Tournai €54.9m €63.1m −798,380 € 95.8 2025
15 ArcelorMittal Steel Service Centres Liège 4000 Liège €51.6m €105.4m €8.83m 97.8 2025
16 Protec 3900 Pelt €48.9m €89.2m €35.7m 309.6 2025
17 Hexcel Composites 4840 Welkenraedt €37.2m €36.3m €27.6m 49.4 2025
18 Van Beveren 1400 Nivelles €35.6m €13.9m €23.8m 27.2 2025
19 Fonciere Engis 4480 Engis €35.3m — €7.25m 3.5 2025
20 Etablissements Viellevoye 4020 Liège €28.0m €10.0m €9.57m 38.9 2025

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

See all 143 companies, full list →

Related sectors

← The whole Manufacture of basic metals sector (NACE 24)

Frequently asked questions

How many Manufacture of basic iron and steel and of ferro-alloys companies are there in Belgium?

143 Belgian companies whose main activity falls under NACE code 2410 (Manufacture of basic iron and steel and of ferro-alloys) have filed annual accounts with the National Bank.

What is the median solvency in Manufacture of basic iron and steel and of ferro-alloys?

For financial year 2024, median solvency (equity over total assets) is 41.0%. The middle half of companies lies between 22.6% and 66.2% (134 companies).

What is the largest company in Manufacture of basic iron and steel and of ferro-alloys?

By total assets, it is Arcelormittal Belgium (€4.55bn, financial year 2025).

Where are Manufacture of basic iron and steel and of ferro-alloys companies based?

The municipalities with the most: Liège (4), Herstal (4), Dendermonde (4).

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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.