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Manufacture of wearing apparel

NACE 14230 · division 14 Clothing
Current registrations 51division 14: 2,021
Starters, 12 months 23.9 per 100 · Belgium 8.9
Employment (FTE) 2908 employers · latest accounts
Median age 19.7 yearsBelgium 8.1 years
E-invoicing via Peppol 88.2%45 of 51 companies in the Peppol Directory · Belgium 85.0%

No bankruptcy in the past five years.

Filed accounts

NACE 14230 · financial year 2025 · 33 filed annual accounts
Median solvency
42.0%
division 37.2% · Belgium 46.1%
Median net result
€18,100
division €4,983 · Belgium €16,516
Median equity
€455,660
division €69,975 · Belgium €98,395
Loss-making
28.1%
division 36.8% · Belgium 26.7%
Negative equity
12.1%
division 21.8% · Belgium 12.4%
Median liquidity
1.60
division 1.57 · Belgium 1.66
Filed late
25.8%
financial year 2024, 31 filings · division 35.4% · Belgium 38.4%
Missing or 90 days late
3.0%
of 33 companies with annual accounts · division 5.9% · Belgium 5.4%
Per financial year20212022202320242025
Median solvency 41.4%42.7%45.3%46.1%42.0%
Median net result €28,607€44,155€35,806€38,482€18,100

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

Spread across the country

by region and province · 37 of 51 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 25 · 67.6%
  • Wallonia 7 · 18.9%
  • Brussels 4 · 10.8%
  • Abroad 1 · 2.7%
fewer moremax 9

Largest employers

NACE 14230 as first main activity · staff from the latest accounts
  1. 1 SIOEN FABRICSMouscron 119 FTEfinancial year 2025
  2. 2 AlsicoRonse 51.4 FTEfinancial year 2025
  3. 3 Confectiebedrijven ElancoTielt 30.3 FTEfinancial year 2025
  4. 4 BelconfectMouscron 29.0 FTEfinancial year 2025
  5. 5 SarcoTemse 26.6 FTEfinancial year 2025

Companies

51 with this main activity

Joint committees

from the latest accounts of 19 companies
  • 109 Clothing and garment industry 15
  • 215 White-collar workers in the clothing and garment industry 14
  • 201 Independent retail 2
  • 100 Auxiliary committee for blue-collar workers 1
  • 120 Textile industry 1
  • 200 Auxiliary committee for white-collar workers 1
  • 214 White-collar workers in the textile industry 1
  • 220 White-collar workers in the food industry 1

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

Division 14: Clothing

Related activities

5 other activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Manufacture of outerwear14210 1,068 79 3 1,146
Manufacture of wearing apparel14299 537 47 1 474
Manufacture of wearing apparel14240 99 3 1 33
Manufacture of wearing apparel14220 90 5 0 504
Manufacture of wearing apparel14291 68 6 0 48

Bankruptcies per year in division 14

Per year201520162017201820192020202120222023202420252026
Bankruptcies187124117769996
Jobs lost7811152128231161827247

2026 through June. 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 14

74 employers
Median
€57,600
Belgium €61,400
Middle half
€46,300 to €75,300
half of the employers lie between
Place among sectors
62 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €53,800 €41,400 to €76,100 39
10 to 49 FTE €57,200 €48,600 to €68,300 23

3 of the 449 companies in NACE division 14 have a parent company abroad. Main parent countries: Australia (1), France (1) and Netherlands (1). Together they employ 236 of the division's 2,498 FTE: 9.5%, against 14% for Belgium as a whole.

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €34.1m awarded 87 recipients · 2022 to 2025 · largest: Erkenning en subsidiëring als maatwerkafdeling
  • Federal transfers 342,193 amount as published 3 recipients · 2023 to 2025 · largest: Inkomensoverdracht R&D naar bedrijven
  • Wallonia-Brussels Federation €96,354 paid 6 recipients · 2023 to 2025 · largest: Unnamed in the register
  • EU budget €3.5m attributed share 3 recipients · 2021 to 2025 · largest: Horizon Europe
  • EU research €3.6m EU contribution 3 recipients · 2016 to 2025 · largest: Horizon Europe

Explore every recipient in this sector

Insights on Manufacture of wearing apparel

Balance sheet and result. Solvency and the result are close to Belgium's.

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

Inflow and structure. Half of the companies are younger than 19.7 years, against 8.1 years in Belgium. 27.5% of the companies are sole traders, against 41.6% in Belgium. This activity holds 2.5% of the registrations of Clothing.

Staff and filing. 25.8% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 257 of the 290 FTE: 88.5%.

Direction. The median net result fell from €28,607 in financial year 2021 to €18,100 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 14230 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.