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Manufacture of food products

Current registrations 105division 10: 9,623
Starters, 12 months 43.8 per 100 · Belgium 8.9
Employment (FTE) 2,05125 employers · latest accounts
Median age 16.5 yearsBelgium 8.1 years
E-invoicing via Peppol 91.4%96 of 105 companies in the Peppol Directory · Belgium 85.0%

No bankruptcy in the past twelve months.

Filed accounts

NACE 10120 · financial year 2025 · 72 filed annual accounts
Median solvency
28.8%
division 33.3% · Belgium 46.1%
Median net result
€38,223
division €17,975 · Belgium €16,500
Median equity
€402,728
division €128,493 · Belgium €98,350
Loss-making
26.4%
division 28.5% · Belgium 26.7%
Negative equity
4.2%
division 16.2% · Belgium 12.4%
Median return on equity
11.8%
division 14.4% · Belgium 15.9%
Median liquidity
1.21
division 1.21 · Belgium 1.66
Filed late
40.0%
financial year 2024, 75 filings · division 38.2% · Belgium 38.4%
Missing or 90 days late
8.5%
of 82 companies with annual accounts · division 6.9% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 35.0%31.3%27.9%30.5%36.2%28.8%
Median net result €42,850€36,753€33,027€52,916€76,684€38,223

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

Bankruptcies

Bankruptcies, 5 years, still registered
4
3.81% of the registrations · Belgium 1.68%
Running bankruptcies
6
57.1 per 1,000 registrations

Recent bankruptcies

Date Company
27-05-2025 Pluimveeslachterij Jos De Meersman
BE 1013.261.208
15-10-2024 EURO G&G
BE 0777.647.911
05-12-2023 DILAN FOOD PRODUCTION
BE 0567.810.383
20-06-2022 EFI
BE 0719.384.167

Every bankruptcy in division 10, last 90 days

Spread across the country

by region and province · 95 of 105 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 71 · 74.7%
  • Wallonia 18 · 18.9%
  • Brussels 6 · 6.3%
fewer moremax 17

Largest employers

NACE 10120 as first main activity · staff from the latest accounts
  1. 1 PLUKON MAASMECHELENMaasmechelen 523 FTEfinancial year 2025
  2. 2 Volys StarLendelede 413 FTEfinancial year 2025
  3. 3 PrismaWorx FoodKinrooi 159 FTEfinancial year 2025
  4. 4 VTM Quality ServicesAalst 147 FTEfinancial year 2025
  5. 5 PRISMAWORX POULTRYKinrooi 106 FTEfinancial year 2025

Joint committees

from the latest accounts of 48 companies
  • 118 Food industry 29
  • 220 White-collar workers in the food industry 27
  • 200 Auxiliary committee for white-collar workers 7
  • 119 Food trade 5
  • 201 Independent retail 5
  • 100 Auxiliary committee for blue-collar workers 2
  • 302 Hotels and catering 2
  • 120 Textile industry 1
Show the 2 others
  • 121 Cleaning 1
  • 140.03 Road transport and logistics for third parties 1

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

Division 10: Food products

Related activities

5 other activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Manufacture of food products10111 583 14 10 2,790
Manufacture of food products10130 323 14 3 3,866
Manufacture of food products10112 18 6 0 -
Manufacture of food products10113 5 4 0 -
Manufacture of food products10119 4 2 0 -

Bankruptcies per year in division 10

Per year201520162017201820192020202120222023202420252026
Bankruptcies11610310610712658681021349711590
Jobs lost1,188578385341893153150364582328440456

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 10

1,385 employers
Median
€53,900
Belgium €61,400
Middle half
€43,400 to €65,700
half of the employers lie between
Place among sectors
67 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €47,300 €38,400 to €57,100 562
10 to 49 FTE €54,200 €44,900 to €64,500 555
50 to 249 FTE €63,400 €56,500 to €75,700 211
250 FTE or more €74,100 €66,600 to €86,700 57

Running bankruptcies in the sector

NACE division 10
Number
225
Half have run longer than
21 months
Belgium: 20 months
Longer than three years
32%
Belgium: 31%

Measured nationally: Of 108,642 bankruptcies of legal entities across Belgium, 49% were closed within five years for insufficient assets and 28% after liquidation, 3% were withdrawn. After five years, 20% were still open. Half had ended after 26 months (a quarter after 15, three quarters after 51 months).

This counts companies with this main activity in the register on 8 November 2026. The outcome itself is not measured by sector. The activity of a company that leaves the register after its bankruptcy is too often not kept to compare closed cases fairly.

Outcome by court and division

Foreign control in NACE division 10

5,284 registered companies

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €106.5m awarded 1,270 recipients · 2022 to 2025 · largest: Subsidie in het kader van land- en tuinbouwbeleid
  • Wallonia-Brussels Federation €745,871 paid 1 recipient · 2021 to 2025 · largest: Subventions aux centres de jeunes : fonctionnement et intervention dans la rémunération des animateurs (décret du 20 juillet 2000)
  • EU budget €3.5m attributed share 13 recipients · 2021 to 2025 · largest: Horizon Europe
  • EU research €3.4m EU contribution 15 recipients · 2013 to 2026 · largest: Horizon Europe

Explore every recipient in this sector

Insights on Manufacture of food products

Balance sheet and result. The median net result of €38,223 is above Belgium's €16,500. 4.2% of the annual accounts show negative equity, against 12.4% in Belgium. Solvency of 28.8% is below Belgium's 46.1%.

Bankruptcies. The median bankruptcy probability of 0.8% is above Belgium's 0.2%.

Inflow and structure. Half of the companies are younger than 16.5 years, against 8.1 years in Belgium. 9.5% of the companies are sole traders, against 41.6% in Belgium. Flanders holds 74.7% of the seats, against 64.7% in Belgium.

Staff and filing. The 5 largest employers hold 1,348 of the 2,051 FTE: 65.7%.

Direction. Median solvency fell from 35.0% in financial year 2020 to 28.8% in financial year 2025. The median net result fell from €42,850 in financial year 2020 to €38,223 in financial year 2025.

The comparison with Belgium as a whole and with the other divisions is as of 08-11-2026 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 10120 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 1,276,474 companies with a main activity, because only those belong to a division. The other 699,509 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.