Manufacture of paper and paper products

NACE 17

Current registrations413

Starters, 12 months15

Employment (FTE)10,809

Median age23.9 years

In NACE division 17, 3.6 companies per 100 started in the past twelve months, against 7.5 nationally; that is lower than that of 85% of the 86 other NACE divisions with this figure. Comparison: as of 31-10-2026 05:30.

Key figures for NACE division 17

financial year 2025 · median over 202 filed annual accounts

Median solvency

48.8%

higher than 82% of the 78 divisions with this figure

Median equity

€1.0m

higher than 99% of the 78 divisions with this figure

Median net result

€56,830

higher than 99% of the 78 divisions with this figure

Annual accounts in sample

202

Foreign control in NACE division 17

278 registered companies

Companies with a foreign parent

7.2%

20 of 278; Belgium 0.3%

Staff at those companies

36%

3,466 of 9,539 FTE; Belgium 15%

Main parent countries: Finland (3), Netherlands (3) and United States (3).Show on the map by municipality

Staff cost per FTE in NACE division 17

125 employers

Median

€62,700

Belgium €61,400

Middle half

€55,400 to €75,700

half of the employers lie between

Place among sectors

51 of 78

sectors with a median staff cost per FTE, highest first

By size class
Size	Median	Middle half	Employers
fewer than 10 FTE	€57,100	€49,600 to €69,900	35
10 to 49 FTE	€60,300	€53,400 to €69,100	51
50 to 249 FTE	€70,500	€63,800 to €79,300	28

Employers with the highest staff cost per FTE in this division All sectors by staff cost In the Analysis workbench

Bankruptcies

past five years

Bankruptcies (5y)

Historical share

2.18%

Nationally, 1.61% of current registrations have a published bankruptcy opening in the past five years. This sector's historical share is higher than that of 75% of the 87 other NACE divisions with this figure. The median bankruptcy probability in NACE division 17 is 0.3%, against 0.2% nationally, over 270 scored companies. Comparison: as of 31-10-2026 05:30.

Regional split

by region · 333 of 413 enterprises with a registered office on file

Flanders 233 · 70.0%

Wallonia 68 · 20.4%

Brussels 25 · 7.5%

Unknown 7 · 2.1%

Recent bankruptcies in this sector

Date	Company
07-04-2026	TEB BE 0552.764.396
16-02-2026	Museumpak BE 0793.322.913
27-10-2025	DESCAR BE 0405.332.613
27-10-2025	ALLBOX BE 0417.348.339
18-02-2025	Renaissance Design BE 0669.731.946
04-10-2024	transervis BE 0707.784.056
15-07-2024	Label-Pak-Int'l Co BE 0402.690.550
04-07-2023	PACKET PRINT BE 0419.533.710

Geographic distribution

by province · based on the registered office

West Flanders WVL 53

East Flanders OVL 57

Antwerp ANT 65

Flemish Brabant VLB 40

Limburg LIM 18

Brussels BRU 25

Hainaut HAI 26

Walloon Brabant WBR 12

Namur NAM 5

Liège LIE 20

Luxembourg LUX 5

fewer moremax 65

Where are this sector's balance sheets registered? By municipality, down to the address

Subsidies in this sector

per register · legal entities with an enterprise number

Flemish subsidies €96.0m awarded 78 recipients · 2022 to 2025 · largest: Subsidie voor bedrijven ter compensatie van indirecte emissiekosten
Federal transfers 69,800 amount as published 1 recipient · 2025 · largest: Inkomensoverdracht R&D naar bedrijven
EU budget €198,192 attributed share 1 recipient · 2023 · largest: Horizon Europe
EU research €623,810 eu contribution 4 recipients · 2008 to 2023 · largest: Seventh Framework Programme

Explore every recipient in this sector

How these figures are counted

Current enterprise registrations are counted through their registered main activities; establishment units are excluded. Counted in the KBO's NACE 2025 nomenclature, the one in which code 17 exists.

Share of currently registered companies with a published bankruptcy opening in the past five years. Registered main activities in the selected classification can overlap. This retrospective share is not a future bankruptcy probability.

The comparison with the country and with the other NACE divisions comes from a nightly overview of every division, each counted in the nomenclature in which it exists. A standing such as "higher than 80%" counts the other divisions that have the figure. The bankruptcy probability is the median of our nightly score over the division's companies that have one; the count is stated.

The middle company of the sector, based on all filed annual accounts.