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Manufacture of food products

Current registrations 503division 10: 9,625
Starters, 12 months 183.6 per 100 · Belgium 8.9
Bankruptcies, 12 months 1019.9 per 1,000 registrations · Belgium 6.2
Employment (FTE) 7,017116 employers · latest accounts
Median age 10.1 yearsBelgium 8.1 years
E-invoicing via Peppol 88.3%444 of 503 companies in the Peppol Directory · Belgium 85.0%

Filed accounts

NACE 10711 · financial year 2025 · 301 filed annual accounts
Median solvency
30.8%
division 33.3% · Belgium 46.1%
Median net result
€13,618
division €18,012 · Belgium €16,520
Median equity
€160,831
division €128,682 · Belgium €98,421
Loss-making
32.6%
division 28.4% · Belgium 26.7%
Negative equity
14.3%
division 16.2% · Belgium 12.4%
Median return on equity
12.7%
division 14.4% · Belgium 15.9%
Median liquidity
1.10
division 1.21 · Belgium 1.66
Filed late
40.4%
financial year 2024, 312 filings · division 38.2% · Belgium 38.4%
Missing or 90 days late
7.2%
of 348 companies with annual accounts · division 6.8% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 30.9%29.5%29.3%30.6%32.0%30.8%
Median net result €15,255€19,992€16,779€19,231€23,755€13,618

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

Bankruptcies

Bankruptcies, 5 years, still registered
27
5.37% of the registrations · Belgium 1.68%
Running bankruptcies
33
65.6 per 1,000 registrations

Recent bankruptcies

Date Company
30-10-2026 Flowy
BE 0419.422.159
08-10-2026 NADIM-BV
BE 1009.733.178
28-09-2026 Galaxy
BE 0734.669.585
06-07-2026 BADR HALAL INTERNATIONAL
BE 0458.067.751
24-06-2026 Bakkerij Van den Bogaert
BE 0749.880.175
05-05-2026 NIAM MIAM
BE 1010.534.518
09-04-2026 NYLA ROSE BAKERY
BE 0677.729.496
23-03-2026 ZAZA-12
BE 0775.472.933

Every bankruptcy in division 10, last 90 days

Spread across the country

by region and province · 413 of 503 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 249 · 60.3%
  • Wallonia 96 · 23.2%
  • Brussels 67 · 16.2%
  • Abroad 1 · 0.2%
fewer moremax 67

Largest employers

NACE 10711 as first main activity · staff from the latest accounts
  1. 1 LA LORRAINE NINOVENinove 734 FTEfinancial year 2025
  2. 2 CRELEM BAKERIESDilsen-Stokkem 394 FTEfinancial year 2025
  3. 3 PQ BELGIUMBrussels 364 FTEfinancial year 2025
  4. 4 LA LORRAINE ERPE-MEREErpe-Mere 322 FTEfinancial year 2025
  5. 5 N.V. Biscuits DELACRE S.A.Watermael-Boitsfort 320 FTEfinancial year 2025

Joint committees

from the latest accounts of 153 companies
  • 118 Food industry 99
  • 201 Independent retail 83
  • 220 White-collar workers in the food industry 49
  • 119 Food trade 11
  • 302 Hotels and catering 9
  • 200 Auxiliary committee for white-collar workers 3
  • 100 Auxiliary committee for blue-collar workers 1
  • 314 Hairdressing and beauty care 1
Show the 1 others
  • 319.02 Educational and residential institutions 1

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

Division 10: Food products

Related activities

3 other activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Artisanal bread and fresh pastry making10712 4,186 373 41 6,724
Manufacture of rusks, biscuits and preserved pastry goods10720 438 62 4 3,410
Manufacture of food products10730 61 2 1 446

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

1,384 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 €54,000 €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

Running bankruptcies in the sector

NACE division 10
Number
227
Half have run longer than
22 months
Belgium: 20 months
Longer than three years
32%
Belgium: 31%

Measured nationally: Of 108,562 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 6 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

5,282 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. Liquidity of 1.10 is below Belgium's 1.66. Solvency of 30.8% is below Belgium's 46.1%. 32.6% of the annual accounts close with a loss, against 26.7% in Belgium.

Bankruptcies. The median bankruptcy probability of 1.0% is above Belgium's 0.2%. In 12 months, 19.9 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is more than in 98% of the 88 NACE divisions.

Inflow and structure. In 12 months, 3.6 of 100 companies started, against 8.9 in Belgium. That is fewer than in 83% of the 87 NACE divisions. 17.9% of the companies are sole traders, against 41.6% in Belgium. Brussels holds 16.3% of the seats, against 12.5% in Belgium.

Staff and filing. The 5 largest employers hold 2,133 of the 7,017 FTE: 30.4%.

Direction. The median net result fell from €15,255 in financial year 2020 to €13,618 in financial year 2025.

The comparison with Belgium as a whole and with the other divisions is as of 06-11-2026 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 10711 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 1,276,581 companies with a main activity, because only those belong to a division. The other 698,987 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.