Manufacture of leather and related products
No bankruptcy in the past twelve months.
Filed accounts
NACE 15120 · financial year 2025 · 30 filed annual accounts| Per financial year | 2024 | 2025 |
|---|---|---|
| Median solvency | 49.6% | 45.9% |
| Median net result | -€1,036 | -€2,309 |
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Bankruptcies
Recent bankruptcies
| Date | Company |
|---|---|
| 29-03-2022 | PEAK-A-BOO
BE 0454.416.690 |
Spread across the country
by region and province · 46 of 248 enterprises with a registered office on file · a sole trader has no published seat- Flanders
- Brussels
- Wallonia
The balance sheets of division 15 on the map, by municipality and down to the address
Largest employers
NACE 15120 as first main activity · staff from the latest accounts- 1 MAROQUINERIE DELVAUX BELGIUMEtterbeek 37.5 FTEfinancial year 2026
- 2 International Leather CompanyOstend 14.8 FTEfinancial year 2025
- 3 HEDGREN CREATIONSAntwerp 13.9 FTEfinancial year 2024
- 4 PEAK-A-BOO 7.1 FTEfinancial year 2019
- 5 LSPSint-Katelijne-Waver 4.3 FTEfinancial year 2025
Joint committees
from the latest accounts of 11 companies- 128 Hides, leather and substitutes 5
- 200 Auxiliary committee for white-collar workers 5
- 201 Independent retail 2
- 100 Auxiliary committee for blue-collar workers 1
- 111 Metal, mechanical and electrical engineering 1
- 116 Chemical industry 1
- 120.03 Textile industry 1
- 207 White-collar workers in the chemical industry 1
Show the 1 others
- 209 White-collar workers in metal manufacturing 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 products15110 | 28 | 1 | 1 | 118 |
Bankruptcies per year in division 15
| Per year | 2016 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Bankruptcies | 1 | 2 | 1 | 1 | 4 | 2 | 1 |
| Jobs lost | 1 | 2 | 1 | 1 | 4 | 2 | 1 |
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
- Wallonia-Brussels Federation €21,000 paid
Insights on Manufacture of leather and related products
Balance sheet and result. 30.0% of the annual accounts show negative equity, against 12.4% in Belgium. 60.0% of the annual accounts close with a loss, against 26.7% in Belgium. The median net result of -€2,309 is below Belgium's €16,490.
Bankruptcies. The median bankruptcy probability of 0.5% is above Belgium's 0.2%.
Inflow and structure. In 12 months, 17.7 of 100 companies started, against 8.9 in Belgium. That is more than in 97% of the 87 NACE divisions. 81.5% of the companies are sole traders, against 41.6% in Belgium. Brussels holds 23.9% of the seats, against 12.5% in Belgium.
Staff and filing. The 5 largest employers hold 78 of the 78 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 15120 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.
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.