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Manufacture of food products

Current registrations 99division 10: 9,627
Starters, 12 months 1010.1 per 100 · Belgium 8.9
Bankruptcies, 12 months 330.3 per 1,000 registrations · Belgium 6.2
Employment (FTE) 57221 employers · latest accounts
Median age 8.0 yearsBelgium 8.1 years
E-invoicing via Peppol 94.9%94 of 99 companies in the Peppol Directory · Belgium 85.0%

Filed accounts

NACE 10200 · financial year 2025 · 57 filed annual accounts
Median solvency
41.8%
division 33.3% · Belgium 46.1%
Median net result
€41,214
division €18,012 · Belgium €16,490
Median equity
€259,078
division €128,599 · Belgium €98,313
Loss-making
28.1%
division 28.4% · Belgium 26.7%
Negative equity
12.3%
division 16.2% · Belgium 12.4%
Median return on equity
14.8%
division 14.4% · Belgium 15.9%
Median liquidity
1.37
division 1.21 · Belgium 1.66
Filed late
40.0%
financial year 2024, 60 filings · division 38.2% · Belgium 38.4%
Missing or 90 days late
4.7%
of 64 companies with annual accounts · division 6.9% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 36.9%34.8%37.1%33.1%44.7%41.8%
Median net result €32,247€65,220€26,719€30,056€30,912€41,214

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

Bankruptcies

Bankruptcies, 5 years, still registered
3
3.03% of the registrations · Belgium 1.68%
Running bankruptcies
3
30.3 per 1,000 registrations

Recent bankruptcies

Date Company
22-10-2026 DFM SAVEURS
BE 0451.326.152
25-09-2026 BLUE SEAFOOD
BE 0768.825.958
30-12-2025 Africa Food World
BE 0848.105.939

Every bankruptcy in division 10, last 90 days

Spread across the country

by region and province · 88 of 99 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 63 · 71.6%
  • Wallonia 17 · 19.3%
  • Brussels 8 · 9.1%
fewer moremax 33

Largest employers

NACE 10200 as first main activity · staff from the latest accounts
  1. 1 MORUBELOstend 104 FTEfinancial year 2025
  2. 2 GADUSNieuwpoort 82.0 FTEfinancial year 2025
  3. 3 DFM SAVEURSSombreffe 60.0 FTEfinancial year 2025
  4. 4 SODIALCharleroi 47.9 FTEfinancial year 2025
  5. 5 FOOD PARTNERS COFleurus 45.4 FTEfinancial year 2024

Joint committees

from the latest accounts of 34 companies
  • 220 White-collar workers in the food industry 21
  • 118 Food industry 16
  • 119 Food trade 7
  • 200 Auxiliary committee for white-collar workers 5
  • 143 Sea fishing 3
  • 201 Independent retail 3
  • 302 Hotels and catering 3
  • 323 Building management, estate agents and domestic staff 1

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

Division 10: Food products

Related activities

31 other activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Artisanal bread and fresh pastry making10712 4,189 376 41 6,723
Manufacture of cocoa, chocolate and sugar confectionery10820 721 56 3 7,833
Manufacture of food products10520 600 34 5 1,226
Manufacture of food products10111 583 14 10 2,790
Manufacture of food products10711 503 18 10 7,017
Manufacture of food products10850 448 77 8 1,578
Show all 31 activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Manufacture of rusks, biscuits and preserved pastry goods10720 437 62 4 3,410
Manufacture of food products10890 392 35 5 8,126
Manufacture of food products10130 323 14 3 3,866
Manufacture of food products10510 266 13 2 4,552
Manufacture of food products10830 231 20 1 799
Manufacture of food products10910 179 2 0 2,126
Manufacture of food products10610 120 10 0 1,102
Manufacture of food products10840 109 11 0 741
Manufacture of food products10120 104 4 0 2,051
Manufacture of food products10392 99 10 1 1,324
Manufacture of food products10320 95 5 0 448
Manufacture of food products10391 89 6 2 1,341
Manufacture of food products10860 86 4 0 894
Manufacture of food products10311 75 4 0 2,556
Manufacture of food products10920 68 5 0 272
Manufacture of food products10730 61 2 1 446
Manufacture of food products10410 50 1 0 2,679
Manufacture of food products10393 31 2 0 2,021
Manufacture of food products10312 20 1 1 2,173
Manufacture of food products10112 18 6 0 -
Manufacture of food products10620 15 1 0 1,196
Manufacture of food products10810 14 0 0 1,187
Manufacture of margarine and similar edible fats10420 9 1 0 35
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 108,651 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 10 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

5,283 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 €41,214 is above Belgium's €16,490. Liquidity of 1.37 is below Belgium's 1.66.

Bankruptcies. The median bankruptcy probability of 0.9% is above Belgium's 0.2%.

Inflow and structure. 11.1% of the companies are sole traders, against 41.6% in Belgium. In 12 months, 10.1 of 100 companies started, against 8.9 in Belgium. That is more than in 77% of the 87 NACE divisions. This activity holds 1.0% of the registrations of Food products.

Staff and filing. The 5 largest employers hold 339 of the 572 FTE: 59.3%.

Direction. Median solvency rose from 36.9% in financial year 2020 to 41.8% in financial year 2025. The median net result rose from €32,247 in financial year 2020 to €41,214 in financial year 2025.

The comparison with Belgium as a whole and with the other divisions is as of 11-11-2026 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 10200 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 1,276,472 companies with a main activity, because only those belong to a division. The other 699,781 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.