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Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials

NACE 16
Current registrations3,344
Starters, 12 months
200
Employment (FTE)
11,343
Median age
10.8 years

In NACE division 16, 6.0 companies per 100 started in the past twelve months, against 7.5 nationally; that is lower than that of 62% of the 86 other NACE divisions with this figure. Comparison: as of 13-10-2026 05:31.

Key figures for NACE division 16

financial year 2025 · median over 1,137 filed annual accounts
Median solvency
43.8%
lower than 53% of the 78 divisions with this figure
Median equity
€127,910
higher than 53% of the 78 divisions with this figure
Median net result
€13,123
lower than 59% of the 78 divisions with this figure
Annual accounts in sample
1,137

Foreign control in NACE division 16

1,539 registered companies

Staff cost per FTE in NACE division 16

341 employers
Median
€56,800
Belgium €61,300
Middle half
€49,200 to €66,000
half of the employers lie between
Place among sectors
63 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €56,400 €47,500 to €65,700 172
10 to 49 FTE €58,000 €51,000 to €65,600 141
50 to 249 FTE €60,500 €49,800 to €67,300 23

Bankruptcies

past five years
Bankruptcies (5y)
47
Historical share
1.41%

Nationally, 1.61% of current registrations have a published bankruptcy opening in the past five years. This sector's historical share is higher than that of 62% of the 87 other NACE divisions with this figure. The median bankruptcy probability in NACE division 16 is 0.5%, against 0.2% nationally, over 1,589 scored companies. Comparison: as of 13-10-2026 05:31.

Regional split

by region · 1,761 of 3,344 enterprises with a registered office on file
Flanders 1,205 · 68.4%
Wallonia 477 · 27.1%
Brussels 76 · 4.3%
Unknown 3 · 0.2%

Recent bankruptcies in this sector

8
Date Company
29-07-2026 SMART WORK SYSTEMS
BE 0783.851.159
23-07-2026 Panelo Benelux
BE 0744.601.989
26-06-2026 Palettes export
BE 0746.409.159
04-06-2026 Delrue Livin
BE 0775.712.859
07-05-2026 REGITOIT
BE 0746.780.531
20-04-2026 Lybaert, Dylan
BE 0561.775.005 · sole trader · Sint-Laureins
10-04-2026 De Roose
BE 0726.983.029
04-03-2026 GRIPA INVEST
BE 0824.188.016

Geographic distribution

by province · based on the registered office
fewer moremax 305

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €39.2m awarded 354 recipients · 2022 to 2025 · largest: Erkenning en subsidiëring als maatwerkafdeling
  • Federal transfers 10,000 amount as published 1 recipient · 2023 · largest: Toelagen aan verenigingen houden zich bezig met de bescherming en de bevordering van de KMO’s en de Zelfstandigen
  • Wallonia-Brussels Federation €4,860 paid 1 recipient · 2023 to 2025 · largest: Projets particuliers d'animation d'organisation de jeunesse, de centres de jeunes et d'associations non reconnues
  • EU budget €480,451 attributed share 1 recipient · 2021 to 2025 · largest: Horizon Europe
  • EU research €622,919 eu contribution 1 recipient · 2021 to 2026 · largest: Horizon 2020

Explore every recipient in this sector

How these figures are counted

Current enterprise registrations are counted through their registered main activities; establishment units are excluded. Counted in the KBO's NACE 2025 nomenclature, the one in which code 16 exists.

Share of currently registered companies with a published bankruptcy opening in the past five years. Registered main activities in the selected classification can overlap. This retrospective share is not a future bankruptcy probability.

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 middle company of the sector, based on all filed annual accounts.