Manufacture of motor vehicles, trailers and semi-trailers
490 Belgian companies whose main activity falls under NACE code 29 have filed annual accounts. Their median solvency is 40.8% 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 | 18.5% | 40.8% | 66.6% | 405 |
| Current ratio | 1.03 | 1.51 | 2.77 | 402 |
| ROE | 2.4% | 11.3% | 28.7% | 355 |
| Equity | 47,269 € | 308,559 € | €1.51m | 411 |
| Total assets | 214,593 € | 874,032 € | €3.34m | 409 |
| Net result | −1,772 € | 25,858 € | 167,082 € | 410 |
| Headcount (avg FTE) | 2.2 | 6.0 | 23.4 | 264 |
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 motor vehicles, trailers and semi-trailers
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 | Volvo Car Belgium NV 9000 Ghent | €1.58bn | €6.25bn | €220.1m | 5,497.2 | 2025 |
| 2 | Audi Brussels S.A.:N.V. 1190 Forest | €953.1m | €117.3m | €813.2m | 638.8 | 2025 |
| 3 | Volvo Group Belgium 9041 Ghent | €943.9m | €4.17bn | €123.5m | 3,810.2 | 2025 |
| 4 | Aisin Europe 1420 Braine-l'Alleud | €905.0m | €1.59bn | €367.0m | 779.8 | 2026 |
| 5 | Dumarey Group NV 9810 Nazareth-De Pinte | €516.9m | €9.05m | €504.1m | 1.0 | 2025 |
| 6 | DAF Trucks Vlaanderen 2260 Westerlo | €491.7m | €1.03bn | €366.5m | 1,914.9 | 2025 |
| 7 | OPmobility C-Power Belgium Research 1200 Woluwe-Saint-Lambert | €455.0m | €268.9m | €381.5m | — | 2025 |
| 8 | Kautex Textron Benelux 3980 Tessenderlo-Ham | €297.6m | €49.7m | €282.5m | 113.7 | 2025 |
| 9 | Punch Powertrain 3800 Sint-Truiden | €295.2m | €25.3m | €9.05m | 51.3 | 2025 |
| 10 | Federal-Mogul Global Aftermarket EMEA 2550 Kontich | €257.0m | €458.8m | €47.4m | 64.9 | 2025 |
| 11 | Tenneco Automotive Europe 3800 Sint-Truiden | €173.6m | €135.4m | €69.0m | 784.9 | 2025 |
| 12 | TI Group Automotive Systems (Belgium) 4020 Liège | €146.6m | €119.8m | €20.0m | 373.0 | 2025 |
| 13 | VCST International 3800 Sint-Truiden | €142.7m | €82.2m | €25.8m | 206.2 | 2025 |
| 14 | VDL Bus Roeselare 8800 Roeselare | €127.1m | €121.0m | €27.0m | 384.7 | 2025 |
| 15 | Adient Belgium 9960 Assenede | €78.1m | €235.6m | €11.7m | 547.0 | 2025 |
| 16 | Euro-Fitting Invoicing 9042 Ghent | €73.8m | €1.61m | €11.1m | 1.4 | 2025 |
| 17 | Plasman Plastics 9042 Ghent | €67.3m | €78.9m | €30.9m | 350.2 | 2024 |
| 18 | Dumarey Mechelen 2800 Mechelen | €65.4m | €120.9m | €39.9m | — | 2025 |
| 19 | Robert Bosch Produktie 3300 Tienen | €63.5m | €111.0m | €26.9m | 490.6 | 2025 |
| 20 | Isuzu Motors Europe 2630 Aartselaar | €63.1m | €66.0m | €41.6m | 47.7 | 2026 |
Where are they based?
Municipalities with the most
- 1080 Molenbeek-Saint-Jean8
- 3600 Genk8
- 3800 Sint-Truiden (Aalst, Brustem, Engelmanshoven, …)7
- 1300 Wavre (Limal)6
- 2500 Lier (Koningshooikt)6
- 5032 Gembloux (Bossière, Bothey, Corroy-Le-Château, …)6
- 9042 Ghent (Desteldonk, Mendonk, Sint-Kruis-Winkel)6
- 9940 Evergem (Ertvelde, Kluizen, Sleidinge)6
- 1070 Anderlecht5
- 8800 Roeselare (Beveren, Oekene, Rumbeke)5
- 1180 Uccle4
- 2018 Antwerp4
Manufacture of motor vehicles, trailers and semi-trailers: 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 | — | — |
| Antwerp province | Largest | Revenue | Employers |
| Flemish Brabant | Largest | — | Employers |
| Limburg | Largest | Revenue | Employers |
| East Flanders | Largest | Revenue | Employers |
| West Flanders | Largest | Revenue | Employers |
| Walloon Brabant | Largest | — | Employers |
| Hainaut | Largest | — | Employers |
| Liège province | Largest | — | Employers |
| Namur province | Largest | — | Employers |
Sub-sectors
Frequently asked questions
How many Manufacture of motor vehicles, trailers and semi-trailers companies are there in Belgium?
490 Belgian companies whose main activity falls under NACE code 29 (Manufacture of motor vehicles, trailers and semi-trailers) have filed annual accounts with the National Bank.
What is the median solvency in Manufacture of motor vehicles, trailers and semi-trailers?
For financial year 2024, median solvency (equity over total assets) is 40.8%. The middle half of companies lies between 18.5% and 66.6% (405 companies).
What is the largest company in Manufacture of motor vehicles, trailers and semi-trailers?
By total assets, it is Volvo Car Belgium NV (€1.58bn, financial year 2025).
Where are Manufacture of motor vehicles, trailers and semi-trailers companies based?
The municipalities with the most: Molenbeek-Saint-Jean (8), Genk (8), Sint-Truiden (7).
Analyse companies in Manufacture of motor vehicles, trailers and semi-trailers
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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.