Manufacture of paper and paper products
No starter in the past twelve months. No bankruptcy in the past five years.
Spread across the country
by region and province · 9 of 10 enterprises with a registered office on file · a sole trader has no published seat- Flanders
- Brussels
The balance sheets of division 17 on the map, by municipality and down to the address
Largest employers
NACE 17240 as first main activity · staff from the latest accounts- 1 Grandeco Wallfashion Group - BelgiumTielt 215 FTEfinancial year 2025
- 2 DECOPRINTZele 35.8 FTEfinancial year 2025
Companies
10 with this main activity- Grandeco Wallfashion Group - Belgium Tielt · 215 FTE
- MASUREEL INTERNATIONAL Harelbeke · 37.8 FTE
- DECOPRINT Zele · 35.8 FTE
- CLARENDON CONSULTING Wevelgem
- FINEDIS Harelbeke
- GRANDECOGROUP-BTW EENHEID Tielt
- Grandeco Wallfashion Group Tielt
- Tissage Gustave Mahieu Waregem
- T&R Concept Uccle
- Vermeylen, Dimitri sole trader · Zwalm
Joint committees
from the latest accounts of 2 companies- 120 Textile industry 2
- 214 White-collar workers in the textile industry 2
Source: the annual accounts at the National Bank. One filing can name more than one committee.
Division 17: Paper
Related activities
4 other activities| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| Manufacture of paper and paper products17210 | 152 | 3 | 1 | 2,437 |
| Manufacture of paper and paper products17250 | 94 | 3 | 0 | 2,075 |
| Manufacture of paper and paper products17230 | 58 | 4 | 0 | 71 |
| Manufacture of paper and paper products17220 | 25 | 0 | 0 | 873 |
Filed accounts of the division
NACE division 17 · financial year 2025 · 251 filed annual accounts| Per financial year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Median solvency | - | - | 40.9% | 42.5% | 41.9% | 47.1% | 43.5% | 48.8% |
| Median net result | - | - | €46,942 | €48,631 | €44,388 | €46,599 | €47,562 | €56,830 |
| Filed late | 31.7% | 36.5% | 34.3% | 32.5% | 35.4% | 29.7% | 34.8% | - |
Hold your customer's or competitor's figures against them in the Sector benchmark
Bankruptcies per year in division 17
| Per year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Bankruptcies | 2 | 8 | 3 | 5 | 6 | 1 | 2 | 4 | 5 | 5 | 1 |
| Jobs lost | 83 | 63 | 386 | 24 | 89 | 1 | 2 | 18 | 78 | 107 | 1 |
2026 through February. 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 17
125 employers| 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
Foreign control in NACE division 17
278 registered companiesSubsidies in this sector
per register · legal entities with an enterprise number- Flemish subsidies €96.0m awarded
- Federal transfers 69,800 amount as published
- EU budget €198,192 attributed share
- EU research €623,810 EU contribution
Insights on Manufacture of paper and paper products
Inflow and structure. This activity holds 2.4% of the registrations of Paper.
Staff and filing. The 2 largest employers hold 251 of the 251 FTE: 100.0%.
The comparison with Belgium as a whole and with the other divisions is as of 05-11-2026 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 17240 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 1,275,887 companies with a main activity, because only those belong to a division. The other 699,448 registrations publish no activity.
For NACE 17240, 5 annual accounts of financial year 2025 were filed. That is too few for a median, which needs at least 30.