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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 16250 · division 16 Wood and cork
Current registrations 50division 16: 3,348
Starters, 12 months 48.0 per 100 · Belgium 8.9
Median age 23.6 yearsBelgium 8.1 years
E-invoicing via Peppol 98.0%49 of 50 companies in the Peppol Directory · Belgium 85.0%

No bankruptcy in the past five years.

Filed accounts

NACE 16250 · financial year 2025 · 41 filed annual accounts
Median solvency
38.2%
division 43.0% · Belgium 46.1%
Median net result
€35,743
division €14,161 · Belgium €16,484
Median equity
€700,362
division €164,202 · Belgium €98,270
Loss-making
26.8%
division 27.3% · Belgium 26.7%
Negative equity
7.3%
division 10.9% · Belgium 12.4%
Median return on equity
10.4%
division 9.5% · Belgium 15.9%
Median liquidity
1.73
division 1.69 · Belgium 1.66
Filed late
41.9%
financial year 2024, 43 filings · division 37.4% · Belgium 38.5%
Missing or 90 days late
2.3%
of 43 companies with annual accounts · division 4.5% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 40.4%36.6%41.9%44.4%45.4%38.2%
Median net result €45,441€43,931€43,229€58,725€42,066€35,743

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

Spread across the country

by region and province · 46 of 50 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 27 · 58.7%
  • Wallonia 15 · 32.6%
  • Brussels 4 · 8.7%
fewer moremax 8

The balance sheets of division 16 on the map, by municipality and down to the address

Companies

50 with this main activity

Joint committees

from the latest accounts of 22 companies
  • 126 Furnishing and woodworking 18
  • 200 Auxiliary committee for white-collar workers 11
  • 124 Construction 9
  • 111 Metal, mechanical and electrical engineering 2

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 2,201
Manufacture of other wood products16281 761 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 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 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 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 €65,700 141
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 9,896 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
  • 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
  • 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
  • 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

Balance sheet and result. The median net result of €35,743 is above Belgium's €16,484. 7.3% of the annual accounts show negative equity, against 12.4% in Belgium. Return on equity of 10.4% is below Belgium's 15.9%.

Bankruptcies. The median bankruptcy probability of 0.4% is above Belgium's 0.2%.

Inflow and structure. Half of the companies are younger than 23.6 years, against 8.1 years in Belgium. 8.0% of the companies are sole traders, against 41.6% in Belgium. Wallonia holds 32.6% of the seats, against 22.7% in Belgium.

Direction. Median solvency fell from 40.4% in financial year 2020 to 38.2% in financial year 2025. The median net result fell from €45,441 in financial year 2020 to €35,743 in financial year 2025.

The comparison with Belgium as a whole and with the other divisions is as of 12-11-2026 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 16250 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 1,276,395 companies with a main activity, because only those belong to a division. The other 700,135 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.

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