Sector · NACE 3031

Manufacture of civilian air and spacecraft and related machinery

73 Belgian companies whose main activity falls under NACE code 3031 have filed annual accounts. Their median solvency is 24.4% for financial year 2023.

Companies73
Median solvency24.4%
Median equity87,790 €
Median headcount (FTE)8.9
Founded in the last 3 years2

Sector medians

Computed by Idonis

Distribution across the sector's companies for financial year 2023: a quarter of companies sit below the 1st quartile, half below the median, three quarters below the 3rd quartile.

Indicator1st quartileMedian3rd quartileCompanies
Solvency -2.2%24.4%55.8% 66
Current ratio 0.691.282.24 62
ROE -6.2%6.3%19.1% 48
Equity −2,929 €87,790 €€2.56m 66
Total assets 125,895 €624,351 €€7.71m 66
Net result −15,707 €4,155 €141,426 € 66
Headcount (avg FTE) 2.58.973.6 35

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 civilian air and spacecraft and related machinery

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

#Company Total assetsRevenue EquityFTEYear
1 Safran Aero Boosters 4041 Herstal €2.42bn €1.01bn €1.23bn 1,532.2 2025
2 Société Nationale de Construction Aérospatiale 6041 Charleroi €1.05bn €399.0m €411.4m 1,534.0 2025
3 Société Anonyme Belge de Constructions Aéronautiques 1130 Brussels €257.5m €108.0m −€38.1m 329.7 2025
4 Asco Industries 1930 Zaventem €230.7m €330.2m €32.5m 640.6 2025
5 BeLightning 1050 Ixelles €158.6m — €87.3m — 2025
6 Sabena Aerospace Engineering 1200 Woluwe-Saint-Lambert €146.7m €117.3m €26.8m 621.1 2025
7 BMT Aerospace International 8020 Oostkamp €141.9m €36.0m €74.8m 100.1 2025
8 Aerospacelab 1435 Mont-Saint-Guibert €138.2m €14.6m €61.5m 218.4 2025
9 SABCA Technologies 1348 Ottignies-Louvain-la-Neuve €91.6m €39.7m €3.59m 131.0 2025
10 Leonardo Belgium 4460 Grâce-Hollogne €88.1m €73.8m €30.8m 65.3 2025
11 Flabel Corporation 1160 Auderghem €76.1m €24.7m 409,091 € — 2025
12 Patria Belgium Engine Center 4041 Herstal €50.2m €52.8m €29.4m 117.6 2025
13 Technical Airborne Components Industries 4041 Herstal €37.1m €43.2m €17.5m 199.6 2025
14 Antwerp Space 2660 Antwerp €16.3m €8.51m €5.44m 59.6 2025
15 Aero Consulting & Trading Company 9950 Lievegem €10.7m €12.4m €2.08m 2.3 2025
16 BMT Eurair 8020 Oostkamp €10.6m €38.6m €4.34m — 2025
17 Dumoulin Aero 4432 Ans €10.4m — €2.51m 51.7 2025
18 ExecuJet MRO Services Belgium 8560 Wevelgem €9.84m — €7.06m 22.0 2024
19 Boeing Belgium 1210 Saint-Josse-ten-Noode €9.32m — €7.06m 16.0 2025
20 Spacebel Vlaanderen 1560 Hoeilaart €7.35m €2.73m 664,668 € 15.7 2025

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

See all 73 companies, full list →

Related sectors

← The whole Manufacture of other transport equipment sector (NACE 30)

Frequently asked questions

How many Manufacture of civilian air and spacecraft and related machinery companies are there in Belgium?

73 Belgian companies whose main activity falls under NACE code 3031 (Manufacture of civilian air and spacecraft and related machinery) have filed annual accounts with the National Bank.

What is the median solvency in Manufacture of civilian air and spacecraft and related machinery?

For financial year 2023, median solvency (equity over total assets) is 24.4%. The middle half of companies lies between -2.2% and 55.8% (66 companies).

What is the largest company in Manufacture of civilian air and spacecraft and related machinery?

By total assets, it is Safran Aero Boosters (€2.42bn, financial year 2025).

Where are Manufacture of civilian air and spacecraft and related machinery companies based?

The municipalities with the most: Herstal (3), Wevelgem (3), Brussels (2).

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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.