Skip to content

Manufacture of rubber and plastic products

Current registrations 84division 22: 1,323
Starters, 12 months 22.4 per 100 · Belgium 8.9
Employment (FTE) 1,85232 employers · latest accounts
Median age 27.9 yearsBelgium 8.1 years
E-invoicing via Peppol 92.9%78 of 84 companies in the Peppol Directory · Belgium 85.0%

No bankruptcy in the past five years.

Filed accounts

NACE 22120 · financial year 2025 · 69 filed annual accounts
Median solvency
56.8%
division 47.7% · Belgium 46.1%
Median net result
€45,621
division €35,917 · Belgium €16,492
Median equity
€946,046
division €751,448 · Belgium €98,323
Loss-making
26.1%
division 26.4% · Belgium 26.7%
Negative equity
10.1%
division 9.5% · Belgium 12.4%
Median return on equity
8.6%
division 8.3% · Belgium 15.9%
Median liquidity
2.21
division 1.73 · Belgium 1.66
Filed late
39.1%
financial year 2024, 69 filings · division 34.2% · Belgium 38.4%
Missing or 90 days late
2.8%
of 71 companies with annual accounts · division 4.3% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 51.5%50.0%54.1%53.9%57.0%56.8%
Median net result €91,532€78,411€53,433€53,018€42,339€45,621

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

Spread across the country

by region and province · 79 of 84 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 57 · 72.2%
  • Wallonia 17 · 21.5%
  • Brussels 4 · 5.1%
  • Abroad 1 · 1.3%
fewer moremax 19

Largest employers

NACE 22120 as first main activity · staff from the latest accounts
  1. 1 DATWYLER PHARMA PACKAGING BELGIUMAlken 666 FTEfinancial year 2025
  2. 2 EOC BELGIUMOudenaarde 272 FTEfinancial year 2025
  3. 3 Novaya BelgiumWielsbeke 254 FTEfinancial year 2025
  4. 4 HANNECARD BENELUXRonse 83.0 FTEfinancial year 2025
  5. 5 Bekina BootsKluisbergen 62.2 FTEfinancial year 2025

Joint committees

from the latest accounts of 39 companies
  • 116 Chemical industry 31
  • 207 White-collar workers in the chemical industry 30
  • 200 Auxiliary committee for white-collar workers 4
  • 100 Auxiliary committee for blue-collar workers 2
  • 209 White-collar workers in metal manufacturing 2
  • 109 Clothing and garment industry 1
  • 111 Metal, mechanical and electrical engineering 1
  • 124 Construction 1
Show the 1 others
  • 130 Printing, graphic arts and newspapers 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 products22110 28 0 0 466

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 €48,100 to €73,900 119
10 to 49 FTE €67,700 €58,700 to €79,300 131
50 to 249 FTE €72,800 €66,000 to €83,200 69

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

Balance sheet and result. The median net result of €45,621 is above Belgium's €16,492. Return on equity of 8.6% is below Belgium's 15.9%. Liquidity of 2.21 is above Belgium's 1.66.

Inflow and structure. Half of the companies are younger than 27.9 years, against 8.1 years in Belgium. 6.0% of the companies are sole traders, against 41.6% in Belgium. This activity holds 6.3% of the registrations of Rubber and plastics.

Staff and filing. The 5 largest employers hold 1,337 of the 1,852 FTE: 72.2%.

Direction. Median solvency rose from 51.5% in financial year 2020 to 56.8% in financial year 2025. The median net result fell from €91,532 in financial year 2020 to €45,621 in financial year 2025.

The comparison with Belgium as a whole and with the other divisions is as of 10-11-2026 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 22120 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 1,276,421 companies with a main activity, because only those belong to a division. The other 699,557 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.