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Manufacture of leather and related products

NACE 15200
Enterprises60
Bankruptcies (5y)2
Failure rate3.33%

Nationally 1.50% of enterprises go bankrupt within five years; this failure rate is higher than that of 92% of the 88 NACE divisions. The median bankruptcy probability in NACE division 15 is 0.7%, against 0.5% nationally, over 70 scored companies.

Key figures for NACE division 15

fiscal year 2025 · median over 41 filed annual accounts
Median solvency
33.4%
lower than 89% of 79 divisions
Median equity
€47k
lower than 94% of 79 divisions
Median net result
€645
lower than 97% of 79 divisions
Annual accounts in sample
41

Regional split

by region · 41 of 60 enterprises with a registered office on file
Flanders 29 · 70.7%
Wallonia 10 · 24.4%
Brussels 2 · 4.9%

Recent bankruptcies in this sector

2
Date Company
03-04-2026 JPN RETAIL
BE 0561.910.508
02-05-2024 GG Concept
BE 0767.596.434

Geographic distribution

by province · based on the establishment address
fewer moremax 8
How these figures are counted

Enterprises are counted by their primary NACE; establishment units are not counted. Counted in the KBO's NACE 2025 nomenclature, the one in which code 15200 exists.

Bankruptcies and the failure rate are attributed by each company's current primary NACE, not the NACE at the time of bankruptcy (which the gazette does not record).

The comparison with the country and with the other NACE divisions comes from a nightly overview of every division, each counted in the nomenclature in which it exists. A standing such as "higher than 80%" counts the other divisions that have the figure. The bankruptcy probability is the median of our nightly score over the division's companies that have one; the count is stated.

The key figures cover the whole NACE division 15, not NACE 15200 on its own: there are too few filed annual accounts per five-digit code to compute them separately. Medians over NBB annual accounts, all schema types combined.