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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 16220 · division 16 Wood and cork
Current registrations 37division 16: 3,350
Starters, 12 months 189division 16 · 5.6 per 100 · Belgium 7.5
Employment (FTE) 11,479division 16 · financial year 2025
Median age 10.8 yearsdivision 16 · Belgium 10.7 years

No bankruptcy in the past five years.

Filed accounts of the division

NACE division 16 · financial year 2025 · 1,376 filed annual accounts
Median solvency
43.1%
Belgium 46.2%
Median net result
€14,281
Belgium €16,557
Median equity
€163,010
Belgium €98,554
Loss-making
27.1%
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

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

Spread across the country

by region and province · 30 of 37 enterprises with a registered office on file
  • Flanders 25 · 83.3%
  • Wallonia 5 · 16.7%
fewer moremax 7

Largest employers

NACE division 16 · staff from the latest accounts
  1. 1 UNILINWielsbeke 2,113 FTEfinancial year 2025
  2. 2 Foresco BEGenk 455 FTEfinancial year 2025
  3. 3 PIERRETLibin 308 FTEfinancial year 2024
  4. 4 Entreprise de Travail adapté 123 - Atelier protégé de BeauraingBeauraing 268 FTEfinancial year 2025
  5. 5 DECOSPANMenen 259 FTEfinancial year 2025

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 15% 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 €622,919 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

The number of starters per 100 companies in NACE division 16 is lower than that of 63% of the 87 NACE divisions with this figure.

This sector's historical share is lower than that of 91% of the 88 NACE divisions with this figure.

The median bankruptcy probability in NACE division 16 is 0.5%, against 0.2% for Belgium as a whole. It is computed over 1,595 scored companies.

The comparison with Belgium as a whole and with the other divisions is as of 02-11-2026 05:30.

Method and sources

Every company registered today counts under its main activities in the KBO. Establishment units do not count. The count follows the NACE 2025 classification, the version in which code 16220 exists.

The historical share is the share of current registrations for which a bankruptcy opening was published in the past five years. A company with more than one main activity counts in each of those sectors. The historical share is not a future bankruptcy probability.

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 "higher than 80%" compares with the other divisions that have the figure. A division's bankruptcy probability is the median over its companies with a score. Their number is given with the figure.

The filed-accounts figures cover the whole NACE division 16, not only NACE 16220. There are too few filed annual accounts per five-digit code to compute them separately. Each median is the value of the middle company, computed over the division's 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.