Industry insights and figures Other manufacturing

Operating margin
13.1 %
▲ +0.6pp
2020
Companies
2549
2020
Vacancies (sector)
0.0%
2025-Q4 · sector C average

Key insights Other manufacturing

Actionable signals from current data
BE
Average operating result: 13.1% of revenue (2020).
Personnel costs: 15.3% of revenue (2020).
Number of companies: 2,549 (2020).

Sector outlook Other manufacturing

Automated analytical commentary based on the most recent Eurostat figures

Industry overview

The Other manufacturing sector across Belgium comprises approximately 2,549 enterprises employing about 7,844 people and generating €2.6 bn in net turnover in 2020. The average enterprise size is – employees per firm. This is a useful yardstick when assessing whether your own operation sits within the typical scale band of the sector.

Profitability

With a healthy operating margin of 13.1% of revenue in 2020, the sector reports €344 M of gross operating surplus (Eurostat's EBITDA-equivalent, before depreciation). This figure provides the headline benchmark against which an individual operator can sanity-check their own bottom line, values significantly below indicate cost or pricing pressure, those above suggest competitive advantage worth defending.

Cost structure

Cost of revenue dominates the Other manufacturing P&L at 71.2% of turnover, reflecting the high material and input content of activities in this sector. Personnel costs account for 15.3%, with energy purchases adding –. Procurement efficiency and contract management are therefore the two strongest profit levers for operators in this segment.

Trend & trajectory

Over the period 2010 to 2020 the operating margin moved from 13.0% to 13.1% (+0.0 percentage points), broadly stable performance. Sectors with stable or improving margins tend to reflect successful pass-through of input costs and disciplined capacity management; declining margins typically point to either over-supply or a structural cost squeeze that warrants strategic review.

Costs by category Other manufacturing

Sector average % of revenue
Log in to see the full 11-year history
Cost structure for Other manufacturing in BE, 2010 to 2020, expressed as percentage of revenue.
Revenue / costs 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Total revenue 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
Personnel costs (total) 13.8% 13.3% 12.5% 13.3% 12.1% 14.3% 12.9% 15.3% 15.0% 15.9% 15.3%
Gross wages 10.2% 9.7% 9.1% 9.8% 8.9% 10.5% 9.4% 11.5% 11.3% 12.1% 11.6%
Social and pension contributions 3.5% 3.5% 3.3% 3.5% 3.2% 3.7% 3.4% 3.8% 3.7% 3.8% 3.7%
Other costs 73.2% 77.3% 81.0% 77.3% 78.8% 73.7% 75.6% 72.7% 73.9% 71.6% 71.6%
Gross operating surplus (EBITDA) 13.0% 9.4% 6.5% 9.3% 9.0% 12.0% 11.6% 12.1% 11.1% 12.5% 13.1%

Source: Eurostat Structural Business Statistics (latest available year).

Operating result over 11 years

Sector average % of revenue
Average
10.9%
Peak
13.06%
2020
Low
6.49%
2012
Latest
13.06%
2020

Cost mix evolution

How costs have shifted as a share of revenue

Cost distribution as % of revenue Other manufacturing (2020)

Recommended next steps

Based on the latest available data for Other manufacturing