Manufacture of metal structures and parts of structures
2,496 Belgian companies whose main activity falls under NACE code 2511 have filed annual accounts. Their median solvency is 44.5% 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 | 23.5% | 44.5% | 65.6% | 2,147 |
| Current ratio | 1.03 | 1.59 | 2.75 | 2,126 |
| ROE | 2.2% | 13.4% | 31.9% | 1,986 |
| Equity | 42,233 € | 170,088 € | 618,339 € | 2,162 |
| Total assets | 135,792 € | 475,882 € | €1.46m | 2,155 |
| Net result | 484 € | 19,824 € | 79,303 € | 2,157 |
| Headcount (avg FTE) | 1.8 | 5.1 | 13.6 | 1,083 |
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 metal structures and parts of structures
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 | Equans 1210 Saint-Josse-ten-Noode | €969.1m | €1.26bn | €277.8m | 4,823.5 | 2025 |
| 2 | Stow International 8587 Spiere-Helkijn | €700.0m | €547.7m | €120.7m | 451.4 | 2025 |
| 3 | Smulders Group 2370 Arendonk | €694.5m | 644,630 € | €33.2m | — | 2025 |
| 4 | Joris IDE 8750 Wingene | €654.1m | €560.6m | €179.1m | 652.0 | 2025 |
| 5 | Aliplast 9160 Lokeren | €628.1m | €86.0m | €323.2m | 182.6 | 2025 |
| 6 | Iemants 2370 Arendonk | €447.5m | €555.1m | €70.0m | 506.5 | 2025 |
| 7 | Smulders Projects Belgium 2370 Arendonk | €259.2m | €422.3m | €44.9m | 270.8 | 2025 |
| 8 | MOVU 9160 Lokeren | €194.4m | €130.5m | €36.3m | 298.6 | 2025 |
| 9 | Optimus Midco 8587 Spiere-Helkijn | €120.0m | — | €118.0m | 2.8 | 2025 |
| 10 | Luc Vulsteke Industrial 8610 Kortemark | €104.1m | €94.1m | €14.0m | 26.3 | 2025 |
| 11 | Locinox 8790 Waregem | €66.4m | €59.1m | €25.9m | 95.1 | 2025 |
| 12 | Vigan Engineering 1400 Nivelles | €49.4m | €44.9m | €4.44m | 33.9 | 2025 |
| 13 | Ellimetal 3670 Oudsbergen | €48.2m | €39.0m | €21.4m | 196.0 | 2025 |
| 14 | Constructiebedrijf Ivens 2040 Antwerp | €45.7m | €64.4m | €10.2m | 115.3 | 2025 |
| 15 | ROCKWOOL Belgium 2110 Wijnegem | €44.4m | €124.3m | €16.1m | 179.7 | 2025 |
| 16 | E-Crane Worldwide 9991 Maldegem | €42.9m | €41.8m | €9.77m | 47.0 | 2025 |
| 17 | Orion Metal 3950 Bocholt | €39.9m | €57.0m | €14.3m | 58.0 | 2025 |
| 18 | Bilfinger Mechanical Belgium 2070 Beveren-Kruibeke-Zwijndrecht | €38.0m | €109.3m | €8.33m | 386.5 | 2025 |
| 19 | IKO Metals Europe 3700 Tongeren-Borgloon | €36.3m | €30.9m | €11.3m | 74.6 | 2025 |
| 20 | Bilfinger Maintenance Belgium 2070 Beveren-Kruibeke-Zwijndrecht | €35.4m | €108.6m | €5.52m | 406.2 | 2025 |
“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.
See all 2,496 companies, full list →
Where are they based?
Municipalities with the most
- 8800 Roeselare (Beveren, Oekene, Rumbeke)36
- 3600 Genk30
- 9940 Evergem (Ertvelde, Kluizen, Sleidinge)24
- 1070 Anderlecht21
- 8570 Anzegem (Gijzelbrechtegem, Ingooigem, Vichte)19
- 9160 Lokeren (Daknam, Eksaarde)19
- 1030 Schaerbeek18
- 1000 Brussels17
- 1080 Molenbeek-Saint-Jean17
- 3960 Bree (Beek, Gerdingen, Opitter, …)17
- 9870 Zulte (Machelen, Olsene)17
- 9900 Eeklo17
Related sectors
- 2553 Machining of metals1,393
- 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 metal structures and parts of structures companies are there in Belgium?
2,496 Belgian companies whose main activity falls under NACE code 2511 (Manufacture of metal structures and parts of structures) have filed annual accounts with the National Bank.
What is the median solvency in Manufacture of metal structures and parts of structures?
For financial year 2024, median solvency (equity over total assets) is 44.5%. The middle half of companies lies between 23.5% and 65.6% (2,147 companies).
What is the largest company in Manufacture of metal structures and parts of structures?
By total assets, it is Equans (€969.1m, financial year 2025).
Where are Manufacture of metal structures and parts of structures companies based?
The municipalities with the most: Roeselare (36), Genk (30), Evergem (24).
Analyse companies in Manufacture of metal structures and parts of structures
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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 14 Nov 2026.