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Manufacture of rubber and plastic products

Current registrations 28division 22: 1,325
Employment (FTE) 46611 employers · latest accounts

No starter in the past twelve months. No bankruptcy in the past five years.

Spread across the country

by region and province · 25 of 28 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 18 · 72.0%
  • Wallonia 6 · 24.0%
  • Brussels 1 · 4.0%
fewer moremax 6

Largest employers

NACE 22110 as first main activity · staff from the latest accounts
  1. 1 BRIDGESTONE AIRCRAFT TIRE (EUROPE)Frameries 184 FTEfinancial year 2025
  2. 2 VulkoprinTielt 98.6 FTEfinancial year 2025
  3. 3 MICHELIN BELUXAsse 60.1 FTEfinancial year 2025
  4. 4 BANDEN RECA PNEUSDentergem 44.2 FTEfinancial year 2025
  5. 5 TENTEKruisem 22.4 FTEfinancial year 2025

Companies

29 with this main activity

Joint committees

from the latest accounts of 12 companies
  • 207 White-collar workers in the chemical industry 6
  • 116 Chemical industry 5
  • 200 Auxiliary committee for white-collar workers 5
  • 112 Garages 4
  • 111 Metal, mechanical and electrical engineering 1
  • 149.04 Metal trade 1
  • 209 White-collar workers in metal manufacturing 1

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

Division 22: Rubber and plastics

Related activities

1 other activity
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Manufacture of rubber and plastic products22120 84 2 0 1,852

Filed accounts of the division

NACE division 22 · financial year 2025 · 766 filed annual accounts
Median solvency
47.7%
Belgium 46.1%
Median net result
€35,917
Belgium €16,500
Median equity
€751,448
Belgium €98,350
Loss-making
26.4%
Belgium 26.7%
Negative equity
9.5%
Belgium 12.4%
Median return on equity
8.3%
Belgium 15.9%
Median liquidity
1.73
Belgium 1.66
Filed late
34.3%
financial year 2024, 601 filings · Belgium 38.4%
Missing or 90 days late
4.3%
of 833 companies with annual accounts · Belgium 5.4%
Per financial year20182019202020212022202320242025
Median solvency --42.0%42.0%40.6%42.7%43.9%46.2%
Median net result --€46,954€58,437€45,748€40,383€34,085€32,481
Filed late 32.7%37.5%33.3%34.1%30.8%32.4%34.3%-

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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.

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 €58,600 to €79,100 130
50 to 249 FTE €72,800 €66,000 to €83,200 69

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 Manufacture of rubber and plastic products

Inflow and structure. This activity holds 2.1% of the registrations of Rubber and plastics.

Staff and filing. The 5 largest employers hold 410 of the 466 FTE: 87.9%.

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 22110 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.

For NACE 22110, 18 annual accounts of financial year 2025 were filed. That is too few for a median, which needs at least 30.