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Manufacture of paper and paper products

NACE 17240
Current registrations10
Starters, 12 months · division 17
12
Employment (FTE) · division 17
10,809
Median age · division 17
23.9 years

NACE division 17 had 2.9 starters per 100 companies in the past twelve months, against 7.5 for Belgium as a whole. That is lower than that of 87% of the 87 NACE divisions with this figure. The comparison with Belgium as a whole and with the other divisions is as of 01-11-2026 05:30.

Key figures for NACE division 17

financial year 2025 · median over 202 filed annual accounts
Median solvency
48.8%
higher than 80% of the 79 divisions with this figure
Median equity
€1.0m
higher than 97% of the 79 divisions with this figure
Median net result
€56,830
higher than 97% of the 79 divisions with this figure
Annual accounts in sample
202

Foreign control in NACE division 17

278 registered companies

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
SizeMedianMiddle halfEmployers
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

Bankruptcies

past five years
Bankruptcies, 5 years
0
Historical share
0.00%

For Belgium as a whole, the historical share over the past five years is 1.61%. 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 17 is 0.3%, against 0.2% for Belgium as a whole. It is computed over 270 scored companies. The comparison with Belgium as a whole and with the other divisions is as of 01-11-2026 05:30.

Regional split

by region · 9 of 10 enterprises with a registered office on file
Flanders 8 · 88.9%
Brussels 1 · 11.1%

Geographic distribution

by province · based on the registered office
fewer moremax 7

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

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 17240 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 key figures cover the whole NACE division 17, not only NACE 17240. There are too few filed annual accounts per five-digit code to compute them separately. Each key figure is the value of the middle company, computed over all filed annual accounts of the division.