Manufacture of paper and paper products
No bankruptcy in the past five years.
Filed accounts
NACE 17250 · financial year 2025 · 57 filed annual accounts| Per financial year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Median solvency | 43.8% | 39.3% | 41.9% | 47.1% | 44.5% | 47.2% |
| Median net result | €44,045 | €83,329 | €116,587 | €57,463 | €87,912 | €90,710 |
Hold your customer's or competitor's figures against them in the Sector benchmark
Spread across the country
by region and province · 69 of 94 enterprises with a registered office on file · a sole trader has no published seat- Flanders
- Wallonia
- Brussels
- Abroad
The balance sheets of division 17 on the map, by municipality and down to the address
Largest employers
NACE 17250 as first main activity · staff from the latest accounts- 1 AVERY DENNISON BELGIETurnhout 383 FTEfinancial year 2025
- 2 W.H. BradyZele 271 FTEfinancial year 2025
- 3 Etablissements L. Lacroix FilsAntwerp 190 FTEfinancial year 2025
- 4 EUROFILTERSPelt 187 FTEfinancial year 2025
- 5 ATELIER 85Florennes 174 FTEfinancial year 2025
Joint committees
from the latest accounts of 40 companies- 200 Auxiliary committee for white-collar workers 18
- 136 Paper and cardboard processing 16
- 222 White-collar workers in paper and cardboard processing 16
- 130 Printing, graphic arts and newspapers 11
- 116 Chemical industry 4
- 207 White-collar workers in the chemical industry 4
- 100 Auxiliary committee for blue-collar workers 3
- 109 Clothing and garment industry 2
Show the 3 others
- 215 White-collar workers in the clothing and garment industry 2
- 149.01 Electricians: installation and distribution 1
- 327.03 Sheltered and social workshops 1
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 products17230 | 58 | 4 | 0 | 71 |
| Manufacture of paper and paper products17220 | 25 | 0 | 0 | 873 |
| Manufacture of paper and paper products17240 | 10 | 0 | 0 | 251 |
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
Balance sheet and result. The median net result of €90,710 is above Belgium's €16,500. 5.3% of the annual accounts show negative equity, against 12.4% in Belgium. Return on equity of 8.6% is below Belgium's 15.9%.
Bankruptcies. The median bankruptcy probability of 0.3% is above Belgium's 0.2%.
Inflow and structure. Half of the companies are younger than 27.5 years, against 8.1 years in Belgium. 26.6% of the companies are sole traders, against 41.6% in Belgium. Flanders holds 76.5% of the seats, against 64.7% in Belgium.
Staff and filing. 27.9% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 1,205 of the 2,075 FTE: 58.1%.
Direction. Median solvency rose from 43.8% in financial year 2020 to 47.2% in financial year 2025. The median net result rose from €44,045 in financial year 2020 to €90,710 in financial year 2025.
The comparison with Belgium as a whole and with the other divisions is as of 08-11-2026 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 17250 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 1,276,474 companies with a main activity, because only those belong to a division. The other 699,509 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.