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

Current registrations 43division 16: 3,349
Starters, 12 months 2353.5 per 100 · Belgium 8.9
Employment (FTE) 161 employer · latest accounts
Median age 1.0 yearsBelgium 8.1 years
E-invoicing via Peppol 90.7%39 of 43 companies in the Peppol Directory · Belgium 85.0%

No bankruptcy in the past five years.

Spread across the country

by region and province · 11 of 43 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 10 · 90.9%
  • Wallonia 1 · 9.1%
fewer moremax 5

Largest employers

NACE 16120 as first main activity · staff from the latest accounts
  1. 1 POLYLAKKalmthout 16.1 FTEfinancial year 2025

Companies

43 with this main activity

Joint committees

from the latest accounts of 3 companies
  • 126 Furnishing and woodworking 2
  • 200 Auxiliary committee for white-collar workers 1

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

Division 16: Wood and cork

Related activities

1 other activity
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Sawmilling and planing of wood16110 652 12 2 1,770

Filed accounts of the division

NACE division 16 · financial year 2025 · 1,381 filed annual accounts
Median solvency
43.1%
Belgium 46.1%
Median net result
€14,260
Belgium €16,520
Median equity
€163,428
Belgium €98,421
Loss-making
27.2%
Belgium 26.7%
Negative equity
10.8%
Belgium 12.4%
Median return on equity
9.7%
Belgium 15.9%
Median liquidity
1.69
Belgium 1.66
Filed late
37.4%
financial year 2024, 1,178 filings · Belgium 38.4%
Missing or 90 days late
4.7%
of 1,483 companies with annual accounts · Belgium 5.4%
Per financial year20182019202020212022202320242025
Median solvency --37.6%38.4%39.3%41.8%43.5%43.2%
Median net result --€14,166€17,099€15,977€13,586€12,385€12,791
Filed late 40.0%43.7%42.9%43.1%40.7%36.6%37.4%-

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

Bankruptcies per year in division 16

Per year201520162017201820192020202120222023202420252026
Bankruptcies291616191117101217131013
Jobs lost662456712123622916282356139

2026 through August. 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 16

343 employers
Median
€56,900
Belgium €61,400
Middle half
€49,200 to €66,100
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 €56,500 €48,100 to €65,900 174
10 to 49 FTE €57,400 €51,000 to €65,600 141
50 to 249 FTE €60,500 €49,800 to €67,300 23

4 of the 1,539 companies in NACE division 16 have a parent company abroad. Main parent countries: United Kingdom (1), Netherlands (1) and Sweden (1). Together they employ 2,280 of the division's 9,895 FTE: 23%, against 14% for Belgium as a whole.

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €39.2m awarded 356 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 €695,106 EU contribution 1 recipient · 2021 to 2026 · largest: Horizon 2020

Explore every recipient in this sector

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

Inflow and structure. In 12 months, 53.5 of 100 companies started, against 8.9 in Belgium. No NACE division counts more. Half of the companies are younger than 1.0 years, against 8.1 years in Belgium. 74.4% of the companies are sole traders, against 41.6% in Belgium.

The comparison with Belgium as a whole and with the other divisions is as of 06-11-2026 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 16120 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 1,276,581 companies with a main activity, because only those belong to a division. The other 698,987 registrations publish no activity.

For NACE 16120, 4 annual accounts of financial year 2025 were filed. That is too few for a median, which needs at least 30.