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Manufacture of rubber and plastic products

NACE 22
Current registrations 1,325
Starters, 12 months 16312.3 per 100 · Belgium 8.8
Bankruptcies, 12 months 1410.6 per 1,000 registrations · Belgium 6.2
Employment (FTE) 18,893368 employers · latest accounts
Median age 15.0 yearsBelgium 8.1 years

Activities

NACE division 22 · 8 activities

Filed accounts

NACE division 22 · financial year 2025 · 764 filed annual accounts
Median solvency
48.1%
Belgium 46.1%
Median net result
€36,611
Belgium €16,539
Median equity
€751,448
Belgium €98,485
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
Filed late
34.3%
financial year 2024 · Belgium 38.4%
Per financial year20182019202020212022202320242025
Median solvency --42.1%42.0%40.6%42.8%44.0%46.4%
Median net result --€46,937€57,198€45,620€40,567€34,149€32,982
Filed late 32.7%37.5%33.3%34.1%30.8%32.4%34.3%-

Hold your customer's or competitor's figures against them in the Sector benchmark

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, 5 years, still registered
32
2.42% of the registrations · Belgium 1.68%

Bankruptcies per year in division 22

Per year201520162017201820192020202120222023202420252026
Bankruptcies158838563410107
Jobs lost949346502683786139630374

2026 through September. Every bankruptcy, also of companies that have since left the register. Source: Statbel (Directorate-General Statistics), NACE classification of 2008.

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 · 970 of 1,325 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 676 · 69.7%
  • Wallonia 224 · 23.1%
  • Brussels 39 · 4.0%
  • Abroad 31 · 3.2%
fewer moremax 167

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

Joint committees

from the latest accounts of 482 companies
  • 116 Chemical industry 288
  • 207 White-collar workers in the chemical industry 283
  • 111 Metal, mechanical and electrical engineering 86
  • 209 White-collar workers in metal manufacturing 82
  • 200 Auxiliary committee for white-collar workers 60
  • 124 Construction 34
  • 100 Auxiliary committee for blue-collar workers 11
  • 222 White-collar workers in paper and cardboard processing 6
Show the 12 others
  • 126 Furnishing and woodworking 5
  • 136 Paper and cardboard processing 5
  • 149.04 Metal trade 5
  • 112 Garages 4
  • 109 Clothing and garment industry 3
  • 149.01 Electricians: installation and distribution 3
  • 120 Textile industry 2
  • 140.03 Road transport and logistics for third parties 2
  • 201 Independent retail 2
  • 214 White-collar workers in the textile industry 2
  • 215 White-collar workers in the clothing and garment industry 2
  • 226 White-collar workers in international trade, transport and logistics 2

Source: the annual accounts at the National Bank. One filing can name more than one committee.

Foreign control in NACE division 22

775 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 Rubber and plastics

Balance sheet and result. The median net result of €36,611 is above Belgium's €16,539. Return on equity of 8.3% is below Belgium's 15.9%. 9.4% of the annual accounts show negative equity, against 12.4% in Belgium.

Bankruptcies. In 12 months, 10.6 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is more than in 90% of the 87 other NACE divisions. The median bankruptcy probability of 0.3% is above Belgium's 0.2%. By size, the median bankruptcy probability is 0.4% at under 10 FTE, 0.2% at 10 to 49 FTE and 0.2% at 50 to 249 FTE.

Inflow and structure. Half of the companies are younger than 15.0 years, against 8.1 years in Belgium. In 12 months, 12.3 of 100 companies started, against 8.8 in Belgium. That is more than in 90% of the 86 other NACE divisions. 26.8% of the companies are sole traders, against 41.6% in Belgium.

Staff and filing. 34.3% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The median staff cost per FTE of €67,677 is above Belgium's €61,416. The 5 largest employers hold 3,026 of the 18,893 FTE: 16.0%.

Direction. Median solvency rose from 42.1% in financial year 2020 to 46.4% in financial year 2025. The median net result fell from €46,937 in financial year 2020 to €32,982 in financial year 2025. In 2025, Statbel counted 10 bankruptcies and 303 jobs lost, against 3 bankruptcies in 2018.

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 22 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.

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.