Manufacture of motor vehicles
80 Belgian companies whose main activity falls under NACE code 2910 have filed annual accounts. Their median solvency is 39.2% for financial year 2025.
Sector medians
Computed by IdonisDistribution across the sector's companies for financial year 2025: 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 | 10.3% | 39.2% | 66.6% | 70 |
| Current ratio | 1.04 | 1.53 | 2.87 | 69 |
| ROE | 1.8% | 8.1% | 22.2% | 58 |
| Equity | 67,485 € | 548,844 € | €2.97m | 71 |
| Total assets | 712,190 € | €1.98m | €5.25m | 70 |
| Net result | −4,978 € | 29,683 € | 369,639 € | 71 |
| Headcount (avg FTE) | 4.0 | 11.1 | 37.8 | 48 |
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
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 | DAF Trucks Vlaanderen 2260 Westerlo | €491.7m | €1.03bn | €366.5m | 1,914.9 | 2025 |
| 5 | VDL Bus Roeselare 8800 Roeselare | €127.1m | €121.0m | €27.0m | 384.7 | 2025 |
| 6 | Isuzu Motors Europe 2630 Aartselaar | €63.1m | €66.0m | €41.6m | 47.7 | 2026 |
| 7 | VDL Bus Koningshooikt 2500 Lier | €47.1m | €171.7m | €4.78m | 183.3 | 2025 |
| 8 | Plastic Omnium New Energies Herentals 2200 Herentals | €45.2m | — | −€11.0m | — | 2025 |
| 9 | MOL CY 8840 Staden | €43.4m | €81.2m | €15.9m | 299.8 | 2025 |
| 10 | GRW Industrial Vehicles 2500 Lier | €37.7m | €62.4m | €4.56m | 237.2 | 2026 |
| 11 | Benteler Automotive Belgium 9042 Ghent | €28.2m | €74.1m | €13.7m | 48.4 | 2025 |
| 12 | Snop Automotive Gent 9042 Ghent | €26.4m | €9.91m | −€1.77m | 118.3 | 2025 |
| 13 | Fire Technics 8400 Ostend | €22.5m | €16.7m | €4.39m | 22.8 | 2025 |
| 14 | Renault Industrie Belgique 5101 Namur | €20.9m | — | €18.7m | — | 2025 |
| 15 | Hocké 1082 Berchem-Sainte-Agathe | €10.2m | — | €6.87m | 10.5 | 2025 |
| 16 | Addax Motors 8540 Deerlijk | €9.89m | — | 62,343 € | 35.8 | 2023 |
| 17 | Breuer - Technical - Development 4960 Malmedy | €9.57m | — | €9.27m | 10.8 | 2025 |
| 18 | Rhenus Automotive Logistics 3600 Genk | €7.09m | €9.67m | €4.92m | 85.1 | 2025 |
| 19 | Reul Parts 4821 Dison | €5.27m | — | €2.02m | 1.9 | 2025 |
| 20 | BMA 4890 Thimister-Clermont | €5.19m | — | 548,844 € | 5.0 | 2025 |
“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.
See all 80 companies, full list →
Where are they based?
Municipalities with the most
- 2500 Lier (Koningshooikt)3
- 5032 Gembloux (Bossière, Bothey, Corroy-Le-Château, …)3
- 8800 Roeselare (Beveren, Oekene, Rumbeke)3
- 2018 Antwerp2
- 2660 Antwerp (Hoboken)2
- 3600 Genk2
- 4500 Huy (Ben-Ahin, Tihange)2
- 8540 Deerlijk2
- 9042 Ghent (Desteldonk, Mendonk, Sint-Kruis-Winkel)2
- 9120 Beveren-Kruibeke-Zwijndrecht (Haasdonk, Kallo, Melsele, …)2
- 1050 Ixelles1
- 1070 Anderlecht1
Related sectors
← The whole Manufacture of motor vehicles, trailers and semi-trailers sector (NACE 29)
Frequently asked questions
How many Manufacture of motor vehicles companies are there in Belgium?
80 Belgian companies whose main activity falls under NACE code 2910 (Manufacture of motor vehicles) have filed annual accounts with the National Bank.
What is the median solvency in Manufacture of motor vehicles?
For financial year 2025, median solvency (equity over total assets) is 39.2%. The middle half of companies lies between 10.3% and 66.6% (70 companies).
What is the largest company in Manufacture of motor vehicles?
By total assets, it is Volvo Car Belgium NV (€1.58bn, financial year 2025).
Where are Manufacture of motor vehicles companies based?
The municipalities with the most: Lier (3), Gembloux (3), Roeselare (3).
Analyse companies in Manufacture of motor vehicles
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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 12 Nov 2026.