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Logging

NACE 02200 · division 02 Forestry
Current registrations 1,541division 02: 2,393
Starters, 12 months 664.3 per 100 · Belgium 8.9
Bankruptcies, 12 months 63.9 per 1,000 registrations · Belgium 6.2
Employment (FTE) 53686 employers · latest accounts
Median age 17.6 yearsBelgium 8.1 years
E-invoicing via Peppol 93.1%1,435 of 1,541 companies in the Peppol Directory · Belgium 85.0%

Filed accounts

NACE 02200 · financial year 2025 · 448 filed annual accounts
Median solvency
44.0%
division 46.2% · Belgium 46.1%
Median net result
€12,102
division €13,244 · Belgium €16,497
Median equity
€231,828
division €201,926 · Belgium €98,338
Loss-making
33.0%
division 31.8% · Belgium 26.7%
Negative equity
12.3%
division 11.1% · Belgium 12.4%
Median return on equity
6.5%
division 6.6% · Belgium 15.9%
Median liquidity
1.42
division 1.48 · Belgium 1.66
Filed late
36.5%
financial year 2024, 449 filings · division 36.8% · Belgium 38.4%
Missing or 90 days late
3.8%
of 471 companies with annual accounts · division 3.9% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 42.0%44.7%42.8%45.0%45.6%44.0%
Median net result €9,966€19,429€18,815€9,828€6,765€12,102

Hold your customer's or competitor's figures against them in the Sector benchmark

Bankruptcies

Bankruptcies, 5 years, still registered
15
0.97% of the registrations · Belgium 1.68%
Running bankruptcies
20
13.0 per 1,000 registrations

Recent bankruptcies

Date Company
21-10-2026 MULTISEPA
BE 0760.514.147
23-09-2026 SAFRAMAN
BE 0544.548.003
22-09-2026 Godesar, Patrice
BE 0674.798.316 · sole trader · Dinant
06-03-2026 Colla, Xavier
BE 0691.502.013 · sole trader · La Roche-en-Ardenne
24-12-2025 SEQUOIA BOIS ENERGIE
BE 1012.427.305
03-12-2025 Tordeur, Loan
BE 1001.222.518 · sole trader
19-09-2025 Meurice, Tristan
BE 0896.529.230 · sole trader · Dinant
07-05-2025 Braffort-Jardins
BE 0567.927.971

Every bankruptcy in division 02, last 90 days

Spread across the country

by region and province · 539 of 1,541 enterprises with a registered office on file · a sole trader has no published seat
  • Wallonia 453 · 84.0%
  • Flanders 59 · 10.9%
  • Brussels 26 · 4.8%
  • Abroad 1 · 0.2%
fewer moremax 159

Largest employers

NACE 02200 as first main activity · staff from the latest accounts
  1. 1 TECHNIQUES et VALORISATION du BOISBastogne 45.6 FTEfinancial year 2025
  2. 2 VEREECKE - DE CLEENE BOOMKWEKERIJENEvergem 36.5 FTEfinancial year 2025
  3. 3 VANDERVELDENHamont-Achel 32.6 FTEfinancial year 2025
  4. 4 Le RenouveauChièvres 25.2 FTEfinancial year 2025
  5. 5 Exploitations Forestières Georges HUETManhay 21.1 FTEfinancial year 2025

Joint committees

from the latest accounts of 126 companies
  • 125.01 Wood industry 40
  • 200 Auxiliary committee for white-collar workers 40
  • 146 Forestry 19
  • 145 Horticulture 17
  • 125 Wood industry 13
  • 125.02 Wood industry 8
  • 125.03 Timber trade 6
  • 100 Auxiliary committee for blue-collar workers 3
Show the 12 others
  • 124 Construction 2
  • 126 Furnishing and woodworking 2
  • 127 Fuel trade 2
  • 140.03 Road transport and logistics for third parties 2
  • 201 Independent retail 2
  • 323 Building management, estate agents and domestic staff 2
  • 132 Technical farming and horticulture work 1
  • 140 Transport and logistics 1
  • 142.04 Recovery of raw materials 1
  • 144 Agriculture 1
  • 226 White-collar workers in international trade, transport and logistics 1
  • 302 Hotels and catering 1

Source: the annual accounts at the National Bank. One filing can name more than one committee.

Division 02: Forestry

Related activities

3 other activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Forestry and logging02100 600 36 1 161
Forestry and logging02400 291 13 2 166
Forestry and logging02300 5 2 0 1

Bankruptcies per year in division 02

Per year201520162017201820192020202120222023202420252026
Bankruptcies11413811108581074
Jobs lost12144192213112681376

2026 through September. Every bankruptcy, also of companies that have since left the register. Source: Statbel (Directorate-General Statistics), NACE classification of 2008.

Staff cost per FTE in NACE division 02

113 employers
Median
€52,200
Belgium €61,400
Middle half
€42,400 to €66,300
half of the employers lie between
Place among sectors
68 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €51,800 €41,900 to €66,400 88
10 to 49 FTE €57,000 €47,500 to €66,900 24

None of the 766 companies in NACE division 02 has a parent company abroad.

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €14.7m awarded 65 recipients · 2022 to 2025 · largest: Erkenning en subsidiëring als maatwerkafdeling
  • Federal transfers 4.4m amount as published 2 recipients · 2023 to 2025 · largest: Ondersteuning aan de bijdrage van de organisaties van de civiele maatschappij en institutionele actoren in de realisatie van de doelen van de gemeenschappelijke strategische kaders (cf. art. 2.14.6 en 2.14.10 van de wetsbepalingen)
  • EU budget €41,749 attributed share 1 recipient · 2021 to 2022 · largest: Horizon Europe
  • EU research €182,875 EU contribution 1 recipient · 2019 to 2022 · largest: Horizon 2020

Explore every recipient in this sector

Insights on Logging

Balance sheet and result. Return on equity of 6.5% is below Belgium's 15.9%. The median net result of €12,102 is below Belgium's €16,497. 33.0% of the annual accounts close with a loss, against 26.7% in Belgium.

Bankruptcies. In 12 months, 3.9 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is more than in 50% of the 88 NACE divisions. The median bankruptcy probability of 0.1% is below Belgium's 0.2%.

Inflow and structure. Wallonia holds 84.2% of the seats, against 22.7% in Belgium. Half of the companies are younger than 17.6 years, against 8.1 years in Belgium. 65.0% of the companies are sole traders, against 41.6% in Belgium.

Staff and filing. The 5 largest employers hold 161 of the 536 FTE: 30.0%.

Direction. Median solvency rose from 42.0% in financial year 2020 to 44.0% in financial year 2025. The median net result rose from €9,966 in financial year 2020 to €12,102 in financial year 2025.

The comparison with Belgium as a whole and with the other divisions is as of 09-11-2026 05:30.

Method and sources

Every company registered today counts under its main activities in the KBO. Establishment units do not count. Staff counts once, under the employer's first main activity, from its latest accounts and only where it fits the staff costs. The count follows the NACE 2025 classification, the version in which code 02200 exists.

The bankruptcies over five years count only companies still registered today, because the activity of a company that left the register is not kept. So they are fewer than the bankruptcies of those years, and the figure is not a probability for the future. Over twelve months the count is nearly complete, because a bankrupt company stays registered while its bankruptcy runs. A company with more than one main activity counts in each of those sectors.

The comparison with Belgium as a whole and with the other NACE divisions rests on an overview of every division, counted again each night. Each division is counted in the version of the NACE classification in which it exists. A standing such as "more than in 80%" compares with the other divisions that have the figure. A division's bankruptcy probability is the median over its companies with a score. Belgium here counts the 1,276,461 companies with a main activity, because only those belong to a division. The other 699,442 registrations publish no activity.

Each median is the value of the middle company, computed over the annual accounts of financial year 2025, and is shown only from 30 accounts. A share (loss-making, negative equity) counts that year's accounts with that trait. Accounts are late when they are filed after the statutory deadline. The direction per financial year follows the companies still registered today. Missing or 90 days late counts the companies with accounts missing today, or whose latest were filed more than 90 days after the deadline. The dossier follows the same rule.