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Manufacture of leather and related products

Current registrations 28division 15: 335
Starters, 12 months 13.6 per 100 · Belgium 8.9
Bankruptcies, 12 months 135.7 per 1,000 registrations · Belgium 6.2
Employment (FTE) 1184 employers · latest accounts

Bankruptcies

Bankruptcies, 5 years, still registered
1
3.57% of the registrations · Belgium 1.68%

Recent bankruptcies

Date Company
07-05-2026 Vleugels, Koen
BE 0728.404.870 · sole trader · Lommel

Every bankruptcy in division 15, last 90 days

Spread across the country

by region and province · 11 of 28 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 7 · 63.6%
  • Wallonia 3 · 27.3%
  • Brussels 1 · 9.1%
fewer moremax 5

Largest employers

NACE 15110 as first main activity · staff from the latest accounts
  1. 1 TANNERIE MASUREEstaimpuis 84.0 FTEfinancial year 2025
  2. 2 COLMAN LEDERBeveren-Kruibeke-Zwijndrecht 17.7 FTEfinancial year 2025
  3. 3 INTRASKINSMouscron 15.0 FTEfinancial year 2026
  4. 4 BEKAERT - LA VISONNETTEOudenaarde 0.9 FTEfinancial year 2025

Companies

28 with this main activity

Joint committees

from the latest accounts of 3 companies
  • 200 Auxiliary committee for white-collar workers 3
  • 100 Auxiliary committee for blue-collar workers 1
  • 128 Hides, leather and substitutes 1
  • 148 Fur and pelts 1

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

Division 15: Leather and related products

Related activities

1 other activity
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Manufacture of leather and related products15120 248 44 0 78

Filed accounts of the division

NACE division 15 · financial year 2025 · 70 filed annual accounts
Median solvency
42.2%
Belgium 46.1%
Median net result
€1,862
Belgium €16,497
Median equity
€85,465
Belgium €98,338
Loss-making
45.7%
Belgium 26.7%
Negative equity
27.1%
Belgium 12.4%
Median return on equity
4.5%
Belgium 15.9%
Median liquidity
1.73
Belgium 1.66
Missing or 90 days late
9.0%
of 78 companies with annual accounts · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 34.9%40.6%38.1%42.6%45.1%39.8%
Median net result €11,426-€257€9,196€1,268€1,843€906

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

Bankruptcies per year in division 15

Per year2016201920202021202220232024
Bankruptcies1211421
Jobs lost1211421

2024 through November. Every bankruptcy, also of companies that have since left the register. Source: Statbel (Directorate-General Statistics), NACE classification of 2008.

None of the 86 companies in NACE division 15 has a parent company abroad.

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €301,290 awarded 15 recipients · 2022 to 2025 · largest: Subsidies voor internationaal ondernemen
  • Wallonia-Brussels Federation €21,000 paid 1 recipient · 2023 to 2025 · largest: Unnamed in the register

Explore every recipient in this sector

Insights on Manufacture of leather and related products

Inflow and structure. This activity holds 8.4% of the registrations of Leather and related products.

Staff and filing. The 4 largest employers hold 118 of the 118 FTE: 100.0%.

The comparison with Belgium as a whole and with the other divisions is as of 09-11-2026 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 15110 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 1,276,461 companies with a main activity, because only those belong to a division. The other 699,442 registrations publish no activity.

For NACE 15110, 10 annual accounts of financial year 2025 were filed. That is too few for a median, which needs at least 30.