Manufacture of chemicals and chemical products
This view shows Belgium · 20150 · Manufacture of chemicals and chemical products. Sector figures are national, so the place does not apply here.
Filed accounts
NACE 20150 · financial year 2025 · 57 filed annual accounts| Per financial year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Median solvency | 33.5% | 35.9% | 35.9% | 45.5% | 49.5% | 44.1% |
| Median net result | €154,229 | €120,536 | €84,722 | €85,571 | €54,644 | €152,428 |
Hold your customer's or competitor's figures against them in the Sector benchmark
Bankruptcies
Recent bankruptcies
| Date | Company |
|---|---|
| 09-03-2026 | RECUPROCES INVESTMENT
BE 0825.429.616 |
| 20-10-2025 | COMEVAR
BE 0822.662.839 |
Spread across the country
by region and province · 71 of 73 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 20150 as first main activity · staff from the latest accounts- 1 EuroChem AntwerpenAntwerp 406 FTEfinancial year 2025
- 2 yara tertre sa/nvSaint-Ghislain 289 FTEfinancial year 2025
- 3 Arvesta BelgiumLeuven 151 FTEfinancial year 2025
- 4 WALAGRISombreffe 145 FTEfinancial year 2025
- 5 ROSIERFrasnes-lez-Anvaing 119 FTEfinancial year 2025
Joint committees
from the latest accounts of 35 companies- 145 Horticulture 13
- 200 Auxiliary committee for white-collar workers 13
- 207 White-collar workers in the chemical industry 11
- 116 Chemical industry 10
- 119 Food trade 4
- 100 Auxiliary committee for blue-collar workers 3
- 118 Food industry 1
- 132 Technical farming and horticulture work 1
Show the 4 others
- 140.03 Road transport and logistics for third parties 1
- 144 Agriculture 1
- 220 White-collar workers in the food industry 1
- 311 Large retail businesses 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 products20130 | 62 | 1 | 0 | 3,950 |
| Manufacture of chemicals and chemical products20110 | 42 | 1 | 0 | 3,272 |
| 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 €152,428 is above Belgium's €16,500. 7.0% of the annual accounts show negative equity, against 12.4% in Belgium. Return on equity of 11.9% is below Belgium's 15.9%.
Inflow and structure. Half of the companies are younger than 22.2 years, against 8.1 years in Belgium. 2.7% of the companies are sole traders, against 41.6% in Belgium. Flanders holds 77.3% of the seats, against 64.7% in Belgium.
Staff and filing. 19.3% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 1,109 of the 1,752 FTE: 63.3%.
Direction. Median solvency rose from 33.5% in financial year 2020 to 44.1% 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 20150 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.