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Manufacture of beverages

NACE 11
Current registrations 1,379
Starters, 12 months 785.7 per 100 · Belgium 8.8
Bankruptcies, 12 months 75.1 per 1,000 registrations · Belgium 6.2
Employment (FTE) 8,717160 employers · latest accounts
Median age 7.3 yearsBelgium 8.1 years
E-invoicing via Peppol 88.5%1,221 of 1,379 companies in the Peppol Directory · Belgium 85.0%

Activities

NACE division 11 · 7 activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Manufacture of beer11050 720 28 7 6,509
Manufacture of beverages11010 269 21 0 462
Manufacture of beverages11020 186 15 0 104
Manufacture of beverages11070 98 7 0 1,462
Manufacture of beverages11040 59 5 0 2
Manufacture of beverages11030 48 3 0 40
Manufacture of beverages11060 8 0 0 139

Filed accounts

NACE division 11 · financial year 2025 · 671 filed annual accounts
Median solvency
22.0%
Belgium 46.1%
Median net result
-€1,272
Belgium €16,539
Median equity
€36,176
Belgium €98,485
Loss-making
53.5%
Belgium 26.7%
Negative equity
29.9%
Belgium 12.4%
Median return on equity
2.6%
Belgium 15.9%
Median liquidity
1.24
Belgium 1.66
Filed late
43.1%
financial year 2024, 608 filings · Belgium 38.4%
Missing or 90 days late
5.0%
of 740 companies with annual accounts · Belgium 5.4%
Per financial year20182019202020212022202320242025
Median solvency --25.9%25.2%24.4%23.5%22.7%20.7%
Median net result --€709€2,818€1,008-€2,357-€1,722-€1,533
Filed late 42.4%50.7%47.1%48.1%47.6%44.8%43.1%-

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

Staff cost per FTE in NACE division 11

147 employers
Median
€65,200
Belgium €61,400
Middle half
€54,300 to €76,900
half of the employers lie between
Place among sectors
42 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €54,400 €45,000 to €63,200 62
10 to 49 FTE €68,600 €61,400 to €77,700 60

Bankruptcies

Bankruptcies, 5 years, still registered
27
1.96% of the registrations · Belgium 1.68%

Bankruptcies per year in division 11

Per year201520162017201820192020202120222023202420252026
Bankruptcies144244237171412
Jobs lost14425232313194322

2026 through September. Every bankruptcy, also of companies that have since left the register. Source: Statbel (Directorate-General Statistics), NACE classification of 2008.

Recent bankruptcies

Date Company
17-08-2026 BROUWERIJ EYLENBOSCH
BE 0739.925.601
20-04-2026 BRASSERIE DU VAL DE SAMBRE
BE 0568.871.247
10-04-2026 Klein Kloosterke
BE 0768.238.515
25-02-2026 BRASSERIE CENTRE ARDENNE
BE 0694.668.765
05-02-2026 Brouwerij Maenhout
BE 0508.923.564
28-01-2026 CORVUS Brands International
BE 0738.790.503
03-12-2025 Gembloux.beer
BE 0721.467.093
08-07-2025 WIJNBOUW VILAIN XIIII
BE 0672.780.716

Every bankruptcy in division 11, last 90 days

Spread across the country

by region and province · 984 of 1,379 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 536 · 54.5%
  • Wallonia 380 · 38.6%
  • Brussels 61 · 6.2%
  • Abroad 7 · 0.7%
fewer moremax 137

Largest employers

NACE division 11 · staff from the latest accounts
  1. 1 INBEV BELGIUMAnderlecht 2,835 FTEfinancial year 2025
  2. 2 Alken-MaesMechelen 591 FTEfinancial year 2025
  3. 3 SPA MONOPOLE, Compagnie Fermière de SpaSpa 495 FTEfinancial year 2025
  4. 4 DUVEL MOORTGATPuurs-Sint-Amands 387 FTEfinancial year 2025
  5. 5 BROUWERIJ HAACHTBoortmeerbeek 347 FTEfinancial year 2025

Joint committees

from the latest accounts of 216 companies
  • 220 White-collar workers in the food industry 136
  • 118 Food industry 91
  • 302 Hotels and catering 44
  • 200 Auxiliary committee for white-collar workers 28
  • 119 Food trade 20
  • 201 Independent retail 17
  • 145 Horticulture 14
  • 100 Auxiliary committee for blue-collar workers 6
Show the 5 others
  • 144 Agriculture 3
  • 116 Chemical industry 1
  • 219 Technical inspection and conformity assessment 1
  • 226 White-collar workers in international trade, transport and logistics 1
  • 313 Pharmacies and pricing offices 1

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

7 of the 922 companies in NACE division 11 have a parent company abroad. Main parent countries: Netherlands (3), Denmark (2) and France (2). Together they employ 851 of the division's 8,717 FTE: 9.8%, against 14% for Belgium as a whole.

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €15.6m awarded 151 recipients · 2022 to 2025 · largest: Procedure groene warmte, restwarmte en energie-efficiënte stadsverwarming
  • EU budget €1.4m attributed share 2 recipients · 2022 to 2023 · largest: Programme for Environment and Climate Action
  • EU research €80,000 EU contribution 1 recipient · 2016 · largest: Horizon 2020

Explore every recipient in this sector

Insights on Beverages

Balance sheet and result. 29.9% of the annual accounts show negative equity, against 12.4% in Belgium. The median net result of -€1,272 is below Belgium's €16,539. 53.5% of the annual accounts close with a loss, against 26.7% in Belgium.

Bankruptcies. The median bankruptcy probability of 0.6% is above Belgium's 0.2%. In 12 months, 5.1 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is more than in 64% of the 87 other NACE divisions. By size, the median bankruptcy probability is 0.7% at under 10 FTE and 0.3% at 10 to 49 FTE.

Inflow and structure. Wallonia holds 38.9% of the seats, against 22.7% in Belgium. In 12 months, 5.7 of 100 companies started, against 8.8 in Belgium. That is fewer than in 62% of the 86 other NACE divisions. 28.6% of the companies are sole traders, against 41.6% in Belgium.

Staff and filing. 43.1% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 4,656 of the 8,717 FTE: 53.4%.

Direction. Median solvency fell from 25.9% in financial year 2020 to 20.7% in financial year 2025. The median net result fell from €709 in financial year 2020 to -€1,533 in financial year 2025. In 2024, Statbel counted 17 bankruptcies and 19 jobs lost, against 4 bankruptcies in 2017.

The comparison with Belgium as a whole and with the other divisions is as of 05-11-2026 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 11 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 1,275,887 companies with a main activity, because only those belong to a division. The other 699,448 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. 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.