Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
Filed accounts
NACE 16210 · financial year 2025 · 71 filed annual accounts| Per financial year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Median solvency | 51.1% | 45.9% | 44.0% | 47.7% | 51.4% | 51.9% |
| Median net result | €65,317 | €32,497 | €65,231 | €36,300 | €11,571 | €12,300 |
Hold your customer's or competitor's figures against them in the Sector benchmark
Bankruptcies
Recent bankruptcies
| Date | Company |
|---|---|
| 23-07-2026 | Panelo Benelux
BE 0744.601.989 |
Spread across the country
by region and province · 91 of 102 enterprises with a registered office on file · a sole trader has no published seat- Flanders
- Wallonia
- Brussels
- Abroad
The balance sheets of division 16 on the map, by municipality and down to the address
Largest employers
NACE 16210 as first main activity · staff from the latest accounts- 1 UNILINWielsbeke 2,113 FTEfinancial year 2025
- 2 THEUMABekkevoort 189 FTEfinancial year 2024
- 3 BerryAlloc NVMenen 152 FTEfinancial year 2025
- 4 West Fraser EuropeGenk 118 FTEfinancial year 2025
- 5 STABILAMECouvin 76.1 FTEfinancial year 2025
Joint committees
from the latest accounts of 38 companies- 126 Furnishing and woodworking 27
- 200 Auxiliary committee for white-collar workers 17
- 124 Construction 4
- 100 Auxiliary committee for blue-collar workers 2
- 125 Wood industry 2
- 125.02 Wood industry 2
- 120 Textile industry 1
- 125.03 Timber trade 1
Show the 2 others
- 142.03 Recovery of raw materials 1
- 222 White-collar workers in paper and cardboard processing 1
Source: the annual accounts at the National Bank. One filing can name more than one committee.
Division 16: Wood and cork
Related activities
8 other activities| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| Manufacture of other builders' carpentry and joinery16230 | 1,549 | 50 | 7 | 2,198 |
| Manufacture of other wood products16281 | 762 | 76 | 1 | 1,462 |
| Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials16240 | 123 | 3 | 2 | 1,285 |
| Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials16282 | 53 | 5 | 0 | 61 |
| Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials16250 | 50 | 4 | 0 | - |
| Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials16220 | 37 | 0 | 0 | 29 |
Show all 8 activities
| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials16270 | 23 | 13 | 0 | - |
| Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials16260 | 3 | 3 | 0 | - |
Bankruptcies per year in division 16
| Per year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bankruptcies | 29 | 16 | 16 | 19 | 11 | 17 | 10 | 12 | 17 | 13 | 10 | 13 |
| Jobs lost | 66 | 245 | 67 | 121 | 23 | 62 | 29 | 16 | 28 | 23 | 56 | 139 |
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| Size | Median | Middle half | Employers |
|---|---|---|---|
| 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 |
Employers with the highest staff cost per FTE in this division All sectors by staff cost In the Analysis workbench
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 9,893 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
- Wallonia-Brussels Federation €4,860 paid
- Federal transfers 10,000 amount as published
- EU budget €480,451 attributed share
- EU research €695,106 EU contribution
Insights on Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
Balance sheet and result. Return on equity of 3.4% is below Belgium's 15.9%. 40.8% of the annual accounts close with a loss, against 26.7% in Belgium. The median net result of €12,300 is below Belgium's €16,492.
Bankruptcies. The median bankruptcy probability of 0.6% is above Belgium's 0.2%.
Inflow and structure. Half of the companies are younger than 17.1 years, against 8.1 years in Belgium. 10.8% of the companies are sole traders, against 41.6% in Belgium. This activity holds 3.0% of the registrations of Wood and cork.
Staff and filing. The 5 largest employers hold 2,647 of the 3,073 FTE: 86.2%.
Direction. The median net result fell from €65,317 in financial year 2020 to €12,300 in financial year 2025.
The comparison with Belgium as a whole and with the other divisions is as of 10-11-2026 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 16210 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 1,276,421 companies with a main activity, because only those belong to a division. The other 699,557 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.