Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
Filed accounts
NACE 16240 · financial year 2025 · 80 filed annual accounts| Per financial year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Median solvency | 37.9% | 37.6% | 39.3% | 50.8% | 51.4% | 53.3% |
| Median net result | €26,522 | €64,653 | €82,026 | €43,529 | €63,278 | €46,490 |
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Bankruptcies
Recent bankruptcies
| Date | Company |
|---|---|
| 29-07-2026 | SMART WORK SYSTEMS
BE 0783.851.159 |
| 26-06-2026 | Palettes export
BE 0746.409.159 |
Spread across the country
by region and province · 101 of 123 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 16240 as first main activity · staff from the latest accounts- 1 Foresco BEGenk 455 FTEfinancial year 2025
- 2 VAL DU GEERBassenge 241 FTEfinancial year 2025
- 3 ROTOMHamme (Vl.) 52.2 FTEfinancial year 2025
- 4 SA RADERMECKERHerve 49.3 FTEfinancial year 2025
- 5 PGS De Backer PalletsGistel 46.5 FTEfinancial year 2025
Joint committees
from the latest accounts of 49 companies- 126 Furnishing and woodworking 36
- 200 Auxiliary committee for white-collar workers 10
- 100 Auxiliary committee for blue-collar workers 2
- 125.02 Wood industry 2
- 140.03 Road transport and logistics for third parties 2
- 226 White-collar workers in international trade, transport and logistics 2
- 116 Chemical industry 1
- 125.03 Timber trade 1
Show the 7 others
- 140.04 Airport ground handling 1
- 145 Horticulture 1
- 149 Sectors related to metal, mechanical and electrical engineering 1
- 149.01 Electricians: installation and distribution 1
- 201 Independent retail 1
- 207 White-collar workers in the chemical industry 1
- 327.03 Sheltered and social workshops 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 materials16210 | 102 | 1 | 1 | 3,073 |
| 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. The median net result of €46,490 is above Belgium's €16,500. 3.8% of the annual accounts show negative equity, against 12.4% in Belgium. 16.3% of the annual accounts close with a loss, against 26.7% in Belgium.
Bankruptcies. The median bankruptcy probability of 0.3% is above Belgium's 0.2%.
Inflow and structure. Half of the companies are younger than 18.9 years, against 8.1 years in Belgium. 17.9% of the companies are sole traders, against 41.6% in Belgium. Wallonia holds 29.0% of the seats, against 22.7% in Belgium.
Staff and filing. 34.6% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 844 of the 1,285 FTE: 65.7%.
Direction. Median solvency rose from 37.9% in financial year 2020 to 53.3% in financial year 2025. The median net result rose from €26,522 in financial year 2020 to €46,490 in financial year 2025.
The comparison with Belgium as a whole and with the other divisions is as of 08-11-2026 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 16240 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 1,276,474 companies with a main activity, because only those belong to a division. The other 699,509 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.