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

Current registrations 612division 16: 3,349

Bankruptcies, 5 years, still registered 60.98% of the registrations · Belgium 1.68%

Bankruptcies

Recent bankruptcies

Date	Company
04-03-2026	GRIPA INVEST BE 0824.188.016
16-08-2024	EUPALLET BE 0745.690.072
02-10-2023	EXPORTKISTEN DE PAUW BE 0463.839.251
14-03-2023	Bismobil Kitchen Belgium BE 0768.630.770
03-02-2023	LE COUTURIER DU FUNERAIRE BE 0755.882.297
09-11-2022	VERTIRAMA BE 0441.699.297

Every bankruptcy in division 16, last 90 days

Spread across the country

by region and province · 187 of 612 enterprises with a registered office on file · a sole trader has no published seat

Flanders 112 · 59.9%
Wallonia 54 · 28.9%
Brussels 20 · 10.7%
Abroad 1 · 0.5%

West Flanders WVL 30

East Flanders OVL 27

Antwerp ANT 31

Flemish Brabant VLB 10

Limburg LIM 14

Brussels BRU 20

Hainaut HAI 8

Walloon Brabant WBR 10

Namur NAM 12

Liège LIE 18

Luxembourg LUX 6

fewer moremax 31

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

Division 16: Wood and cork

Filed accounts of the division

NACE division 16 · financial year 2025 · 1,384 filed annual accounts

Median solvency

43.1%

Belgium 46.1%

Median net result

€14,219

Belgium €16,492

Median equity

€164,557

Belgium €98,323

Loss-making

27.2%

Belgium 26.7%

Negative equity

10.8%

Belgium 12.4%

Median return on equity

9.6%

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

4.6%

of 1,483 companies with annual accounts · Belgium 5.4%

Per financial year	2018	2019	2020	2021	2022	2023	2024	2025
Median solvency	-	-	37.6%	38.4%	39.3%	41.8%	43.5%	43.1%
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 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

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
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 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

Inflow and structure. Wallonia holds 29.0% of the seats, against 22.7% in Belgium. This activity holds 18.3% of the registrations of Wood and cork.

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 2008 classification, the version in which code 16291 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.