Sector · NACE 32

Other manufacturing

1,628 Belgian companies whose main activity falls under NACE code 32 have filed annual accounts. Their median solvency is 42.2% for financial year 2024.

Companies1,628
Median solvency42.2%
Median equity99,406 €
Median headcount (FTE)3.0
Founded in the last 3 years107

Sector medians

Computed by Idonis

Distribution 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.

Indicator1st quartileMedian3rd quartileCompanies
Solvency 14.1%42.2%68.6% 1,463
Current ratio 0.881.582.91 1,431
ROE 0.3%11.8%30.9% 1,225
Equity 15,230 €99,406 €372,425 € 1,475
Total assets 95,227 €304,530 €839,856 € 1,471
Net result −2,970 €8,947 €52,486 € 1,471
Headcount (avg FTE) 1.23.08.8 662

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: Other manufacturing

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

#Company Total assetsRevenue EquityFTEYear
1 Terumo Europe 3001 Leuven €979.9m €799.2m €590.9m 721.3 2026
2 Pluczenik Diamond Company 2018 Antwerp €657.1m €484.9m €352.1m 8.5 2026
3 Materialise 3001 Leuven €394.7m €181.0m €259.8m 605.9 2025
4 GE Healthcare 1831 Machelen (Brab.) €262.8m €103.4m €223.5m 120.1 2025
5 Laurelton Diamonds Belgium 2018 Antwerp €232.3m €92.4m €225.9m 25.0 2025
6 Rosy Blue 2018 Antwerp €134.0m €592.8m €47.3m 39.0 2025
7 Nyxoah 1435 Mont-Saint-Guibert €112.0m €8.29m €51.9m 43.1 2025
8 Siemens Healthcare 1702 Dilbeek €109.3m €454.7m €28.5m 294.4 2025
9 Cartamundi Turnhout 2300 Turnhout €90.0m €118.6m €32.5m 375.9 2025
10 Dali Diamond Company 2018 Antwerp €87.4m €192.2m €70.9m 5.9 2025
11 Diajewel 2018 Antwerp €73.0m €79.6m €63.1m 6.3 2025
12 VIGO 9230 Wetteren €68.1m €107.7m €10.9m 516.0 2025
13 Dental Promotion & Innovation 1070 Anderlecht €63.0m €116.8m €2.32m 75.4 2025
14 ELI Lilly European Clinical Trial Services 1435 Mont-Saint-Guibert €57.4m €270.4m €4.96m 32.8 2025
15 Spaas Kaarsen 3930 Hamont-Achel €56.9m €109.8m €24.4m 131.1 2025
16 Edelmetaalmarkt BE 9000 Ghent €54.7m €506.6m €23.0m — 2025
17 Loop 2018 Antwerp €48.8m €169.7m €15.7m 92.0 2025
18 Baobab Collection 1300 Wavre €43.1m €47.0m €26.7m 31.7 2025
19 Supergems 2018 Antwerp €42.8m €3.19m €42.6m 3.9 2025
20 GC Manufacturing Europe 3001 Leuven €36.1m €68.5m €18.1m 38.0 2026

Where are they based?

  • Antwerp405
  • Brussels-Capital224
  • East Flanders169
  • Flemish Brabant162
  • West Flanders137
  • Liège132
  • Hainaut110
  • Limburg105
  • Walloon Brabant98
  • Namur69
  • Luxembourg15

Municipalities with the most

Sub-sectors

Frequently asked questions

How many Other manufacturing companies are there in Belgium?

1,628 Belgian companies whose main activity falls under NACE code 32 (Other manufacturing) have filed annual accounts with the National Bank.

What is the median solvency in Other manufacturing?

For financial year 2024, median solvency (equity over total assets) is 42.2%. The middle half of companies lies between 14.1% and 68.6% (1,463 companies).

What is the largest company in Other manufacturing?

By total assets, it is Terumo Europe (€979.9m, financial year 2026).

Where are Other manufacturing companies based?

The municipalities with the most: Antwerp (146), Brussels (41), Uccle (29).

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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 10 Oct 2026.