Manufacture of food products
Filed accounts
NACE 10392 · financial year 2025 · 42 filed annual accounts| Per financial year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Median solvency | 28.0% | 24.3% | 30.3% | 32.7% | 29.6% | 29.3% |
| Median net result | €17,718 | €25,593 | €32,016 | €22,146 | €42,121 | €21,513 |
Hold your customer's or competitor's figures against them in the Sector benchmark
Bankruptcies
Recent bankruptcies
| Date | Company |
|---|---|
| 18-03-2026 | LIMO ENERGY
BE 0838.633.690 |
| 22-08-2025 | Bolder Foods
BE 0767.407.877 |
| 31-07-2024 | Belcydonia
BE 0743.941.401 |
| 19-08-2022 | INNOTECH-FOOD
BE 0646.940.312 |
Spread across the country
by region and province · 64 of 99 enterprises with a registered office on file · a sole trader has no published seat- Flanders
- Wallonia
- Brussels
- Abroad
The balance sheets of division 10 on the map, by municipality and down to the address
Largest employers
NACE 10392 as first main activity · staff from the latest accounts- 1 Materne - ConfiluxFloreffe 608 FTEfinancial year 2025
- 2 Greenyard Frozen BelgiumStaden 350 FTEfinancial year 2026
- 3 Dawn Foods BelgiumManage 67.7 FTEfinancial year 2025
- 4 SVZ RijkevorselRijkevorsel 64.2 FTEfinancial year 2025
- 5 MEURENS NATURALHerve 63.8 FTEfinancial year 2025
Joint committees
from the latest accounts of 25 companies- 220 White-collar workers in the food industry 17
- 118 Food industry 11
- 200 Auxiliary committee for white-collar workers 4
- 119 Food trade 2
- 145 Horticulture 2
- 201 Independent retail 2
- 124 Construction 1
- 140.03 Road transport and logistics for third parties 1
Show the 1 others
- 226 White-collar workers in international trade, transport and logistics 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 products10320 | 95 | 5 | 0 | 448 |
| Manufacture of food products10391 | 89 | 6 | 2 | 1,341 |
| Manufacture of food products10311 | 75 | 4 | 0 | 2,556 |
| Manufacture of food products10393 | 31 | 2 | 0 | 2,021 |
| Manufacture of food products10312 | 20 | 1 | 1 | 2,173 |
Bankruptcies per year in division 10
| Per year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bankruptcies | 116 | 103 | 106 | 107 | 126 | 58 | 68 | 102 | 134 | 97 | 115 | 90 |
| Jobs lost | 1,188 | 578 | 385 | 341 | 893 | 153 | 150 | 364 | 582 | 328 | 440 | 456 |
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
1,384 employers| Size | Median | Middle half | Employers |
|---|---|---|---|
| fewer than 10 FTE | €47,300 | €38,400 to €57,100 | 562 |
| 10 to 49 FTE | €54,000 | €44,900 to €64,500 | 554 |
| 50 to 249 FTE | €63,400 | €56,500 to €75,700 | 211 |
| 250 FTE or more | €74,100 | €66,600 to €86,700 | 57 |
Employers with the highest staff cost per FTE in this division All sectors by staff cost In the Analysis workbench
Running bankruptcies in the sector
NACE division 10Measured 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 7 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.
Foreign control in NACE division 10
5,284 registered companiesSubsidies in this sector
per register · legal entities with an enterprise number- Flemish subsidies €106.5m awarded
- Wallonia-Brussels Federation €745,871 paid
- EU budget €3.5m attributed share
- EU research €3.4m EU contribution
Insights on Manufacture of food products
Balance sheet and result. Return on equity of 4.7% is below Belgium's 15.9%. 7.1% of the annual accounts show negative equity, against 12.4% in Belgium. Solvency of 29.3% is below Belgium's 46.1%.
Bankruptcies. The median bankruptcy probability of 0.6% is above Belgium's 0.2%.
Inflow and structure. Wallonia holds 33.9% of the seats, against 22.7% in Belgium. Half of the companies are younger than 11.2 years, against 8.1 years in Belgium. 35.4% of the companies are sole traders, against 41.6% in Belgium.
Staff and filing. The 5 largest employers hold 1,153 of the 1,324 FTE: 87.1%.
Direction. Median solvency rose from 28.0% in financial year 2020 to 29.3% in financial year 2025. The median net result rose from €17,718 in financial year 2020 to €21,513 in financial year 2025.
The comparison with Belgium as a whole and with the other divisions is as of 07-11-2026 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 10392 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 1,276,547 companies with a main activity, because only those belong to a division. The other 699,272 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.