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Manufacture of rusks, biscuits and preserved pastry goods

Current registrations 438division 10: 9,623
Starters, 12 months 6214.2 per 100 · Belgium 8.9
Bankruptcies, 12 months 49.1 per 1,000 registrations · Belgium 6.2
Employment (FTE) 3,41051 employers · latest accounts
Median age 4.8 yearsBelgium 8.1 years
E-invoicing via Peppol 86.8%380 of 438 companies in the Peppol Directory · Belgium 85.0%

Filed accounts

NACE 10720 · financial year 2025 · 142 filed annual accounts
Median solvency
31.2%
division 33.3% · Belgium 46.1%
Median net result
€14,420
division €17,975 · Belgium €16,500
Median equity
€191,664
division €128,493 · Belgium €98,350
Loss-making
31.0%
division 28.5% · Belgium 26.7%
Negative equity
16.2%
division 16.2% · Belgium 12.4%
Median return on equity
15.0%
division 14.4% · Belgium 15.9%
Median liquidity
1.34
division 1.21 · Belgium 1.66
Filed late
31.8%
financial year 2024, 132 filings · division 38.2% · Belgium 38.4%
Missing or 90 days late
0.7%
of 145 companies with annual accounts · division 6.9% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 35.0%32.9%32.4%33.9%36.5%31.2%
Median net result €25,995€22,746€15,456€33,737€29,467€14,420

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

Bankruptcies

Bankruptcies, 5 years, still registered
8
1.83% of the registrations · Belgium 1.68%
Running bankruptcies
7
16.0 per 1,000 registrations

Recent bankruptcies

Date Company
30-09-2026 Rondel, Tomas
BE 0802.730.428 · sole trader · Scherpenheuvel-Zichem
05-02-2026 Hadjidj, Leila
BE 0564.953.833 · sole trader · Durbuy
31-12-2025 LINATELLE
BE 0657.904.478
23-12-2025 MIR&ES
BE 0759.548.602
04-09-2025 Luca, Cynthia
BE 0780.848.812 · sole trader · Brussels
28-02-2025 Biscuits Bofin
BE 0400.826.764
30-11-2023 Rigaux, Michaël
BE 0714.869.808 · sole trader · La Roche-en-Ardenne
16-09-2022 Vanzieleghem, Annika
BE 0637.893.081 · sole trader · Pont-à-Celles

Every bankruptcy in division 10, last 90 days

Spread across the country

by region and province · 177 of 438 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 115 · 65.0%
  • Wallonia 37 · 20.9%
  • Brussels 22 · 12.4%
  • Abroad 3 · 1.7%
fewer moremax 33

Largest employers

NACE 10720 as first main activity · staff from the latest accounts
  1. 1 Lotus Bakeries BelgiëKaprijke 992 FTEfinancial year 2025
  2. 2 BISCUITERIE THIJSGrobbendonk 458 FTEfinancial year 2025
  3. 3 Willems BakeriesEeklo 167 FTEfinancial year 2025
  4. 4 POPPIES BAKERIES ZONNEBEKEZonnebeke 162 FTEfinancial year 2025
  5. 5 Biscuit International Belgium (ENG)Enghien 142 FTEfinancial year 2025

Joint committees

from the latest accounts of 66 companies
  • 118 Food industry 41
  • 220 White-collar workers in the food industry 39
  • 201 Independent retail 17
  • 100 Auxiliary committee for blue-collar workers 2
  • 119 Food trade 2
  • 302 Hotels and catering 2
  • 112 Garages 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 4,185 373 41 6,723
Manufacture of food products10711 502 18 10 7,017
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

1,385 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 rusks, biscuits and preserved pastry goods

Balance sheet and result. Solvency of 31.2% is below Belgium's 46.1%. 16.2% of the annual accounts show negative equity, against 12.4% in Belgium. Liquidity of 1.34 is below Belgium's 1.66.

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

Inflow and structure. In 12 months, 14.2 of 100 companies started, against 8.9 in Belgium. That is more than in 93% of the 87 NACE divisions. 59.6% of the companies are sole traders, against 41.6% in Belgium. Half of the companies are younger than 4.8 years, against 8.1 years in Belgium.

Staff and filing. 31.8% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 1,921 of the 3,410 FTE: 56.3%.

Direction. Median solvency fell from 35.0% in financial year 2020 to 31.2% in financial year 2025. The median net result fell from €25,995 in financial year 2020 to €14,420 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 10720 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.