Manufacture of chemicals and chemical products
No bankruptcy in the past five years.
This view shows Belgium · 20110 · Manufacture of chemicals and chemical products. Sector figures are national, so the place does not apply here.
Filed accounts
NACE 20110 · financial year 2025 · 32 filed annual accounts| Per financial year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Median solvency | 40.5% | 44.0% | 37.6% | 40.0% | 39.2% |
| Median net result | €457,054 | €148,118 | €126,635 | €288,762 | €324,843 |
Hold your customer's or competitor's figures against them in the Sector benchmark
Spread across the country
by region and province · 41 of 42 enterprises with a registered office on file · a sole trader has no published seat- Flanders
- Wallonia
- Brussels
- Abroad
The balance sheets of division 20 on the map, by municipality and down to the address
Largest employers
NACE 20110 as first main activity · staff from the latest accounts- 1 INOVYN Manufacturing BelgiumJemeppe-sur-Sambre 657 FTEfinancial year 2025
- 2 DOW SILICONES BELGIUMSeneffe 440 FTEfinancial year 2025
- 3 TotalEnergies Petrochemicals FeluySeneffe 386 FTEfinancial year 2025
- 4 L'Air liquide BelgeZaventem 305 FTEfinancial year 2025
- 5 Nippon Sanso BelgiumOlen 279 FTEfinancial year 2026
Companies
42 with this main activity- INOVYN Manufacturing Belgium Jemeppe-sur-Sambre · 657 FTE
- DOW SILICONES BELGIUM Seneffe · 440 FTE
- TotalEnergies Petrochemicals Feluy Seneffe · 386 FTE
- L'Air liquide Belge Zaventem · 305 FTE
- Nippon Sanso Belgium Olen · 279 FTE
- AIR LIQUIDE INDUSTRIES BELGIUM Zaventem · 269 FTE
- Air Products Machelen (Brab.) · 258 FTE
- Nouryon Chemicals Mons · 191 FTE
- MESSER BELGIUM Beveren-Kruibeke-Zwijndrecht · 93.1 FTE
- AIR LIQUIDE LARGE INDUSTRY Zaventem · 54.9 FTE
- SENSIENT FLAVORS BELGIUM Leuven · 48.9 FTE
- VOLCKE AEROSOL BELGIUM Kuurne · 46.5 FTE
- Vital Materials Belgium Villers-la-Ville · 46.4 FTE
- VANEFLON Hamme (Vl.) · 41.9 FTE
- Balchem Grimbergen · 36.7 FTE
- SOL B Lessines · 24.3 FTE
- GESTIMAT BELGIUM Jette · 17.9 FTE
- PLASTURGIE LAZZERINI La Louvière · 17.3 FTE
- Serpo Sint-Niklaas · 15.4 FTE
- EURO - MOUSSE Ninove · 12.3 FTE
- GALCO Jette · 9.6 FTE
- Adley Machelen (Brab.) · 6.0 FTE
- SOBELTEC Ronse · 4.8 FTE
- SPRINGPRESS Ghent · 4.0 FTE
- TERRACOTTEM Dentergem · 3.6 FTE
- bECO2 Beveren-Kruibeke-Zwijndrecht · 2.8 FTE
- AIR LIQUIDE PARIJS
- AIR LIQUIDE GLOBAL E&C SOLUTIONS FRANCE SA Paris
- Apex Chemicals Brecht
- BIO ENERGY NIVELLES Nivelles
- BIOGAZ SAINT-ROCH Thuin
- Greenco2 Beveren-Kruibeke-Zwijndrecht
- INOVYN UNITY Jemeppe-sur-Sambre
- Messer Air Gases Belgium Beveren-Kruibeke-Zwijndrecht
- NCH BELGIUM INC. Irving
- PROVIRON Hemiksem
- Scott Industries Hamont-Achel
- SOCIETE DE GESTION D'ACTIFS Saint-Ghislain
- SOL S.p.A. Monza
- Surjoc, Vadim sole trader · Balen
- VANDENBORRE ENERGY SYSTEMS Kasterlee
- VETAK Estaimpuis
Joint committees
from the latest accounts of 26 companies- 207 White-collar workers in the chemical industry 20
- 116 Chemical industry 14
- 209 White-collar workers in metal manufacturing 3
- 102.09 Quarries 1
- 106 Cement industry 1
- 111 Metal, mechanical and electrical engineering 1
- 120 Textile industry 1
- 214 White-collar workers in the textile industry 1
Show the 1 others
- 226 White-collar workers in international trade, transport and logistics 1
Source: the annual accounts at the National Bank. One filing can name more than one committee.
Division 20: Chemicals
Related activities
6 other activities| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| Manufacture of chemicals and chemical products20160 | 138 | 6 | 0 | 4,644 |
| Manufacture of chemicals and chemical products20140 | 106 | 0 | 0 | 13,045 |
| Manufacture of chemicals and chemical products20150 | 73 | 1 | 1 | 1,752 |
| Manufacture of chemicals and chemical products20130 | 62 | 1 | 0 | 3,950 |
| Manufacture of chemicals and chemical products20120 | 13 | 1 | 0 | 594 |
| Manufacture of chemicals and chemical products20170 | 11 | 0 | 0 | 69 |
Bankruptcies per year in division 20
| Per year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bankruptcies | 5 | 6 | 9 | 7 | 5 | 5 | 3 | 6 | 3 | 11 | 10 | 6 |
| Jobs lost | 177 | 7 | 23 | 36 | 86 | 191 | 3 | 8 | 4 | 148 | 12 | 54 |
2026 through June. 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 20
381 employers| Size | Median | Middle half | Employers |
|---|---|---|---|
| fewer than 10 FTE | €66,700 | €53,100 to €85,300 | 120 |
| 10 to 49 FTE | €82,500 | €65,300 to €102,400 | 125 |
| 50 to 249 FTE | €98,400 | €79,700 to €127,200 | 98 |
| 250 FTE or more | €143,800 | €120,400 to €155,000 | 38 |
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 20
848 registered companiesMain parent countries: Netherlands (18), United States (15) and France (14).Show on the map by municipality
Subsidies in this sector
per register · legal entities with an enterprise number- Flemish subsidies €350.1m awarded
- Federal transfers 2.6m amount as published
- EU budget €607.9m attributed share
- EU research €64.4m EU contribution
Insights on Manufacture of chemicals and chemical products
Balance sheet and result. The median net result of €324,843 is above Belgium's €16,490. Liquidity of 1.32 is below Belgium's 1.66. 21.9% of the annual accounts close with a loss, against 26.7% in Belgium.
Bankruptcies. The median bankruptcy probability of 0.2% is above Belgium's 0.2%.
Inflow and structure. Half of the companies are younger than 37.0 years, against 8.1 years in Belgium. 2.4% of the companies are sole traders, against 41.6% in Belgium. Wallonia holds 32.4% of the seats, against 22.7% in Belgium.
Staff and filing. 8.6% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 2,067 of the 3,272 FTE: 63.2%.
Direction. Median solvency fell from 40.5% in financial year 2021 to 39.2% in financial year 2025. The median net result fell from €457,054 in financial year 2021 to €324,843 in financial year 2025.
The comparison with Belgium as a whole and with the other divisions is as of 11-11-2026 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 20110 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 1,276,472 companies with a main activity, because only those belong to a division. The other 699,781 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.