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Manufacture of wearing apparel

NACE 14299 · division 14 Clothing
Current registrations 537division 14: 2,020
Starters, 12 months 478.8 per 100 · Belgium 8.9
Bankruptcies, 12 months 11.9 per 1,000 registrations · Belgium 6.2
Employment (FTE) 47416 employers · latest accounts
Median age 6.8 yearsBelgium 8.1 years
E-invoicing via Peppol 75.2%404 of 537 companies in the Peppol Directory · Belgium 85.0%

Filed accounts

NACE 14299 · financial year 2025 · 112 filed annual accounts
Median solvency
25.6%
division 37.2% · Belgium 46.1%
Median net result
€4,216
division €4,983 · Belgium €16,500
Median equity
€32,630
division €69,975 · Belgium €98,350
Loss-making
35.7%
division 36.8% · Belgium 26.7%
Negative equity
27.7%
division 21.8% · Belgium 12.4%
Median return on equity
14.8%
division 7.8% · Belgium 15.9%
Median liquidity
1.64
division 1.57 · Belgium 1.66
Filed late
33.0%
financial year 2024, 112 filings · division 35.4% · Belgium 38.4%
Missing or 90 days late
5.8%
of 121 companies with annual accounts · division 5.9% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 30.2%34.2%33.0%33.5%27.6%25.6%
Median net result €6,211€6,442€2,257€1,882€571€4,216

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

Bankruptcies

Bankruptcies, 5 years, still registered
3
0.56% of the registrations · Belgium 1.68%
Running bankruptcies
3
5.6 per 1,000 registrations

Recent bankruptcies

Date Company
03-11-2025 AFK COMPANY
BE 0742.678.718
17-09-2025 NOUKIES
BE 0446.229.791
01-04-2022 T-MOTIONS
BE 0871.577.464

Every bankruptcy in division 14, last 90 days

Spread across the country

by region and province · 140 of 537 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 82 · 58.6%
  • Brussels 34 · 24.3%
  • Wallonia 24 · 17.1%
fewer moremax 34

Largest employers

NACE 14299 as first main activity · staff from the latest accounts
  1. 1 ANSELL HEALTHCARE EUROPEAnderlecht 210 FTEfinancial year 2025
  2. 2 BUSELOCPeer 83.4 FTEfinancial year 2025
  3. 3 BIO - RACERTessenderlo-Ham 50.0 FTEfinancial year 2025
  4. 4 Costes BelgiëAntwerp 24.6 FTEfinancial year 2025
  5. 5 NOUKIESWaterloo 22.9 FTEfinancial year 2024

Joint committees

from the latest accounts of 32 companies
  • 109 Clothing and garment industry 12
  • 201 Independent retail 10
  • 215 White-collar workers in the clothing and garment industry 10
  • 200 Auxiliary committee for white-collar workers 6
  • 100 Auxiliary committee for blue-collar workers 1
  • 120 Textile industry 1
  • 126 Furnishing and woodworking 1
  • 128 Hides, leather and substitutes 1
Show the 5 others
  • 130 Printing, graphic arts and newspapers 1
  • 210 White-collar workers in the steel industry 1
  • 214 White-collar workers in the textile industry 1
  • 304 Performing arts 1
  • 329 Socio-cultural sector 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 apparel14240 99 3 1 33
Manufacture of wearing apparel14220 90 5 0 504
Manufacture of wearing apparel14291 68 6 0 48
Manufacture of wearing apparel14230 51 2 0 290

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
  • 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. 27.7% of the annual accounts show negative equity, against 12.4% in Belgium. The median net result of €4,216 is below Belgium's €16,500. Solvency of 25.6% is below Belgium's 46.1%.

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

Inflow and structure. Brussels holds 24.3% of the seats, against 12.5% in Belgium. 73.9% of the companies are sole traders, against 41.6% in Belgium. Half of the companies are younger than 6.8 years, against 8.1 years in Belgium.

Staff and filing. 33.0% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 390 of the 474 FTE: 82.4%.

Direction. Median solvency fell from 30.2% in financial year 2020 to 25.6% in financial year 2025. The median net result fell from €6,211 in financial year 2020 to €4,216 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 14299 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.