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Manufacture of rubber and plastic products

NACE 22
Current registrations 1,324
Starters, 12 months 16212.2 per 100 · Belgium 7.5
Bankruptcies, 5 years 322.42% of the registrations · Belgium 1.61%
Employment (FTE) 21,404financial year 2025
Median age 15.1 yearsBelgium 10.7 years

Filed accounts of the division

NACE division 22 · financial year 2025 · 764 filed annual accounts
Median solvency
48.1%
Belgium 46.2%
Median net result
€36,611
Belgium €16,557
Median equity
€751,448
Belgium €98,554
Loss-making
26.2%
Belgium 26.7%
Negative equity
9.4%
Belgium 12.4%
Median return on equity
8.3%
Belgium 15.9%
Median liquidity
1.75
Belgium 1.66

Staff cost per FTE in NACE division 22

334 employers
Median
€67,700
Belgium €61,400
Middle half
€56,700 to €81,200
half of the employers lie between
Place among sectors
34 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €58,700 €48,300 to €74,400 120
10 to 49 FTE €67,500 €58,500 to €79,100 130
50 to 249 FTE €72,800 €66,000 to €83,200 69

Bankruptcies

Bankruptcies, 12 months
14
10.6 per 1,000 registrations · Belgium 5.5

Recent bankruptcies

Date Company
23-10-2026 SOFIPLAS
BE 0416.750.206
21-09-2026 ADEMO
BE 0578.901.047
21-09-2026 WATOM BELGIUM
BE 1001.525.493
13-07-2026 L. SACCOL
BE 0430.746.910
29-06-2026 VENSTR.
BE 0773.710.701
08-06-2026 AB & PARTNERS
BE 0841.518.847
05-06-2026 Frings, Marc
BE 0806.318.933 · sole trader · Plombières
01-06-2026 INDUPOL INTERNATIONAL
BE 0436.120.611

Every bankruptcy in division 22, last 90 days

Spread across the country

by region and province · 969 of 1,324 enterprises with a registered office on file
  • Flanders 687 · 70.9%
  • Wallonia 234 · 24.1%
  • Brussels 39 · 4.0%
  • Unknown 9 · 0.9%
fewer moremax 169

Largest employers

NACE division 22 · staff from the latest accounts
  1. 1 IVCAvelgem 678 FTEfinancial year 2025
  2. 2 DATWYLER PHARMA PACKAGING BELGIUMAlken 666 FTEfinancial year 2025
  3. 3 DECEUNINCKHooglede 656 FTEfinancial year 2025
  4. 4 NMCRaeren 535 FTEfinancial year 2025
  5. 5 NITTO BELGIUMGenk 492 FTEfinancial year 2026

Foreign control in NACE division 22

774 registered companies

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €24.0m awarded 250 recipients · 2022 to 2025 · largest: Ontwikkelingsproject
  • Federal transfers 18.2m amount as published 3 recipients · 2023 to 2025 · largest: Investeringssteun in het kader van de essentiëleveiligheidsbelangen (EVB)
  • EU budget €952,178 attributed share 7 recipients · 2021 to 2024 · largest: Horizon Europe
  • EU research €4.8m eu contribution 15 recipients · 2012 to 2026 · largest: Horizon 2020

Explore every recipient in this sector

Insights on Manufacture of rubber and plastic products

The number of starters per 100 companies in NACE division 22 is higher than that of 90% of the 86 other NACE divisions with this figure.

This sector's historical share is higher than that of 79% of the 87 other NACE divisions with this figure.

The median bankruptcy probability in NACE division 22 is 0.3%, against 0.2% for Belgium as a whole. It is computed over 829 scored companies.

The comparison with Belgium as a whole and with the other divisions is as of 02-11-2026 05:30.

Method and sources

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 22 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.

Each median is the value of the middle company, computed over the division's 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.