Manufacture of fabricated metal products, except machinery and equipment
6,185 Belgian companies whose main activity falls under NACE code 25 have filed annual accounts. Their median solvency is 45.4% for financial year 2024.
Sector medians
Computed by IdonisDistribution 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.
| Indicator | 1st quartile | Median | 3rd quartile | Companies |
|---|---|---|---|---|
| Solvency | 23.2% | 45.4% | 68.3% | 5,493 |
| Current ratio | 1.01 | 1.61 | 2.91 | 5,439 |
| ROE | 1.7% | 12.1% | 29.3% | 5,060 |
| Equity | 47,669 € | 200,119 € | 727,733 € | 5,530 |
| Total assets | 154,786 € | 551,129 € | €1.75m | 5,515 |
| Net result | 263 € | 19,496 € | 85,378 € | 5,520 |
| Headcount (avg FTE) | 2.0 | 5.7 | 14.6 | 3,020 |
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 fabricated metal products, except machinery and equipment
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 | NV Bekaert SA 8550 Zwevegem | €2.38bn | €395.6m | €1.29bn | 1,149.0 | 2025 |
| 2 | Black & Decker Limited 3980 Tessenderlo-Ham | €1.28bn | €1.84bn | €312.5m | 349.7 | 2025 |
| 3 | Equans 1210 Saint-Josse-ten-Noode | €969.1m | €1.26bn | €277.8m | 4,823.5 | 2025 |
| 4 | John Cockerill 4100 Seraing | €851.9m | €272.0m | €296.6m | 565.5 | 2025 |
| 5 | John Cockerill Defense 4431 Ans | €824.2m | €118.5m | €265.8m | 217.0 | 2025 |
| 6 | FN Herstal 4040 Herstal | €788.5m | €422.0m | €460.0m | 1,488.8 | 2025 |
| 7 | Stow International 8587 Spiere-Helkijn | €700.0m | €547.7m | €120.7m | 451.4 | 2025 |
| 8 | Smulders Group 2370 Arendonk | €694.5m | 644,630 € | €33.2m | — | 2025 |
| 9 | Joris IDE 8750 Wingene | €654.1m | €560.6m | €179.1m | 652.0 | 2025 |
| 10 | Aliplast 9160 Lokeren | €628.1m | €86.0m | €323.2m | 182.6 | 2025 |
| 11 | Thales Belgium 4040 Herstal | €450.1m | €436.9m | €67.6m | 450.5 | 2025 |
| 12 | Iemants 2370 Arendonk | €447.5m | €555.1m | €70.0m | 506.5 | 2025 |
| 13 | Reynaers Aluminium 2570 Duffel | €443.5m | €386.7m | €347.0m | 527.5 | 2025 |
| 14 | Renson 8790 Waregem | €260.0m | €139.4m | €225.3m | 572.9 | 2025 |
| 15 | Smulders Projects Belgium 2370 Arendonk | €259.2m | €422.3m | €44.9m | 270.8 | 2025 |
| 16 | Vero Duco 8630 Veurne | €221.2m | €91.1m | €192.8m | 178.3 | 2025 |
| 17 | MOVU 9160 Lokeren | €194.4m | €130.5m | €36.3m | 298.6 | 2025 |
| 18 | Lanson Real Estate 1090 Jette | €187.0m | — | €130.3m | 18.8 | 2025 |
| 19 | KNDS Belgium 7181 Seneffe | €173.7m | €34.9m | €4.77m | 246.2 | 2025 |
| 20 | Vergalle 9700 Oudenaarde | €146.3m | €181.7m | €77.2m | 16.0 | 2025 |
“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.
Where are they based?
Municipalities with the most
- 8800 Roeselare (Beveren, Oekene, Rumbeke)80
- 3600 Genk68
- 1070 Anderlecht51
- 9940 Evergem (Ertvelde, Kluizen, Sleidinge)48
- 3900 Pelt (Overpelt)45
- 9160 Lokeren (Daknam, Eksaarde)45
- 4040 Herstal43
- 2960 Brecht (Sint-Job-In-'t-Goor, Sint-Lenaarts)41
- 8870 Izegem (Emelgem, Kachtem)38
- 1000 Brussels36
- 3960 Bree (Beek, Gerdingen, Opitter, …)36
- 3530 Houthalen-Helchteren (Helchteren, Houthalen)35
Manufacture of fabricated metal products, except machinery and equipment: rankings by region and province
The largest companies in the sector in each region and province, by municipality of the registered office. A ranking is published once 10 companies in the sector publish the figure there.
| Area | Total assets | Revenue | Headcount |
|---|---|---|---|
| Flanders | Largest | Revenue | Employers |
| Wallonia | Largest | Revenue | Employers |
| Brussels | Largest | Revenue | Employers |
| Antwerp province | Largest | Revenue | Employers |
| Flemish Brabant | Largest | Revenue | Employers |
| Limburg | Largest | Revenue | Employers |
| East Flanders | Largest | Revenue | Employers |
| West Flanders | Largest | Revenue | Employers |
| Walloon Brabant | Largest | Revenue | Employers |
| Hainaut | Largest | Revenue | Employers |
| Liège province | Largest | Revenue | Employers |
| Luxembourg province | Largest | — | Employers |
| Namur province | Largest | Revenue | Employers |
Sub-sectors
- 2511 Manufacture of metal structures and parts of structures2,496
- 2553 Machining of metals1,395
- 2512 Manufacture of doors and windows of metal559
- 2540 Forging and shaping metal and powder metallurgy471
- 2551 Coating of metals385
- 2599 Manufacture of other fabricated metal products n.e.c.297
- 2521 Manufacture of central heating radiators, steam generators and boilers226
- 2562 Manufacture of locks and hinges106
- 2563 Manufacture of tools84
- 2522 Manufacture of other tanks, reservoirs and containers of metal71
- 2593 Manufacture of wire products, chain and springs37
- 2530 Manufacture of weapons and ammunition20
- 2594 Manufacture of fasteners and screw machine products10
Frequently asked questions
How many Manufacture of fabricated metal products, except machinery and equipment companies are there in Belgium?
6,185 Belgian companies whose main activity falls under NACE code 25 (Manufacture of fabricated metal products, except machinery and equipment) have filed annual accounts with the National Bank.
What is the median solvency in Manufacture of fabricated metal products, except machinery and equipment?
For financial year 2024, median solvency (equity over total assets) is 45.4%. The middle half of companies lies between 23.2% and 68.3% (5,493 companies).
What is the largest company in Manufacture of fabricated metal products, except machinery and equipment?
By total assets, it is NV Bekaert SA (€2.38bn, financial year 2025).
Where are Manufacture of fabricated metal products, except machinery and equipment companies based?
The municipalities with the most: Roeselare (80), Genk (68), Anderlecht (51).
Analyse companies in Manufacture of fabricated metal products, except machinery and equipment
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Open the full file →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.