Skip to content

Manufacture of wearing apparel

NACE 14240 · division 14 Clothing
Current registrations 99division 14: 2,020
Starters, 12 months 33.0 per 100 · Belgium 8.9
Bankruptcies, 12 months 110.1 per 1,000 registrations · Belgium 6.2
Employment (FTE) 334 employers · latest accounts
Median age 7.8 yearsBelgium 8.1 years
E-invoicing via Peppol 85.9%85 of 99 companies in the Peppol Directory · Belgium 85.0%

Bankruptcies

Bankruptcies, 5 years, still registered
1
1.01% of the registrations · Belgium 1.68%
Running bankruptcies
1
10.1 per 1,000 registrations

Recent bankruptcies

Date Company
13-04-2026 Van Luchene, Valerie
BE 0717.909.767 · sole trader · Kortrijk

Every bankruptcy in division 14, last 90 days

Spread across the country

by region and province · 30 of 99 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 16 · 53.3%
  • Brussels 7 · 23.3%
  • Wallonia 7 · 23.3%
fewer moremax 7

Largest employers

NACE 14240 as first main activity · staff from the latest accounts
  1. 1 RICHAOudenaarde 26.8 FTEfinancial year 2025
  2. 2 ROXLichtervelde 4.8 FTEfinancial year 2025
  3. 3 Pelsmantelfabriek ParmentierTielt 1.0 FTEfinancial year 2025
  4. 4 DANIEL HENRYTournai 0.6 FTEfinancial year 2025

Joint committees

from the latest accounts of 8 companies
  • 200 Auxiliary committee for white-collar workers 4
  • 109 Clothing and garment industry 3
  • 148 Fur and pelts 3
  • 201 Independent retail 2
  • 215 White-collar workers in the clothing and garment industry 2
  • 128 Hides, leather and substitutes 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 1,067 79 3 1,146
Manufacture of wearing apparel14299 537 47 1 474
Manufacture of wearing apparel14220 90 5 0 504
Manufacture of wearing apparel14291 68 6 0 48
Manufacture of wearing apparel14230 51 2 0 290

Filed accounts of the division

NACE division 14 · financial year 2025 · 419 filed annual accounts
Median solvency
37.0%
Belgium 46.1%
Median net result
€4,996
Belgium €16,490
Median equity
€69,799
Belgium €98,313
Loss-making
36.7%
Belgium 26.7%
Negative equity
22.0%
Belgium 12.4%
Median return on equity
7.8%
Belgium 15.9%
Median liquidity
1.57
Belgium 1.66
Filed late
35.4%
financial year 2024, 345 filings · Belgium 38.4%
Missing or 90 days late
5.9%
of 454 companies with annual accounts · Belgium 5.4%
Per financial year20182019202020212022202320242025
Median solvency --34.2%36.7%34.2%37.5%35.4%35.4%
Median net result --€6,211€6,933€4,349€5,003€3,064€4,591
Filed late 39.5%46.0%47.1%45.8%40.3%39.8%35.4%-

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

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 448 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 2,495 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
  • Wallonia-Brussels Federation €96,354 paid 6 recipients · 2023 to 2025 · largest: Unnamed in the register
  • Federal transfers 342,193 amount as published 3 recipients · 2023 to 2025 · largest: Inkomensoverdracht R&D naar bedrijven
  • 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

Inflow and structure. Brussels holds 23.3% of the seats, against 12.5% in Belgium. 69.7% of the companies are sole traders, against 41.6% in Belgium. This activity holds 4.9% of the registrations of Clothing.

Staff and filing. The 4 largest employers hold 33 of the 33 FTE: 100.0%.

The comparison with Belgium as a whole and with the other divisions is as of 11-11-2026 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 14240 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 1,276,472 companies with a main activity, because only those belong to a division. The other 699,781 registrations publish no activity.

For NACE 14240, 24 annual accounts of financial year 2025 were filed. That is too few for a median, which needs at least 30.