Manufacture of rubber and plastic products
Filed accounts
NACE 22210 · financial year 2025 · 170 filed annual accounts| Per financial year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Median solvency | 46.7% | 44.0% | 41.0% | 46.3% | 45.9% | 46.2% |
| Median net result | €82,648 | €85,240 | €77,487 | €51,786 | €34,496 | €47,500 |
Hold your customer's or competitor's figures against them in the Sector benchmark
Bankruptcies
Recent bankruptcies
| Date | Company |
|---|---|
| 21-09-2026 | WATOM BELGIUM
BE 1001.525.493 |
| 04-07-2025 | HYGI PANEL
BE 0886.015.816 |
| 09-10-2024 | Simonis Plastic
BE 0406.810.278 |
| 03-07-2024 | Endurance Solar Solutions
BE 0768.592.465 |
| 16-08-2023 | TTC
BE 0718.896.296 |
| 08-12-2021 | TTC
BE 0718.896.296 |
Spread across the country
by region and province · 210 of 226 enterprises with a registered office on file · a sole trader has no published seat- Flanders
- Wallonia
- Brussels
- Abroad
The balance sheets of division 22 on the map, by municipality and down to the address
Largest employers
NACE 22210 as first main activity · staff from the latest accounts- 1 DECEUNINCKHooglede 656 FTEfinancial year 2025
- 2 INEOS STYROLUTION BELGIUMAntwerp 341 FTEfinancial year 2025
- 3 TEKNI - PLEX EUROPEAalst 333 FTEfinancial year 2025
- 4 HENCO INDUSTRIESHerentals 255 FTEfinancial year 2025
- 5 VITALO INDUSTRIESTielt 163 FTEfinancial year 2025
Joint committees
from the latest accounts of 107 companies- 116 Chemical industry 71
- 207 White-collar workers in the chemical industry 70
- 111 Metal, mechanical and electrical engineering 23
- 209 White-collar workers in metal manufacturing 21
- 200 Auxiliary committee for white-collar workers 8
- 124 Construction 5
- 100 Auxiliary committee for blue-collar workers 1
- 126 Furnishing and woodworking 1
Show the 3 others
- 136 Paper and cardboard processing 1
- 142.01 Recovery of raw materials 1
- 222 White-collar workers in paper and cardboard processing 1
Source: the annual accounts at the National Bank. One filing can name more than one committee.
Division 22: Rubber and plastics
Related activities
5 other activities| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| Manufacture of rubber and plastic products22260 | 619 | 136 | 4 | 4,054 |
| Manufacture of rubber and plastic products22240 | 242 | 4 | 8 | 3,070 |
| Manufacture of rubber and plastic products22220 | 155 | 0 | 0 | 4,368 |
| Manufacture of rubber and plastic products22230 | 57 | 5 | 1 | 7 |
| Manufacture of rubber and plastic products22250 | 18 | 9 | 0 | 4 |
Bankruptcies per year in division 22
| Per year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bankruptcies | 15 | 8 | 8 | 3 | 8 | 5 | 6 | 3 | 4 | 10 | 10 | 7 |
| Jobs lost | 94 | 93 | 46 | 50 | 26 | 8 | 37 | 86 | 13 | 96 | 303 | 74 |
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| Size | Median | Middle half | Employers |
|---|---|---|---|
| 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 |
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 22
775 registered companiesSubsidies in this sector
per register · legal entities with an enterprise number- Flemish subsidies €24.0m awarded
- Federal transfers 18.2m amount as published
- EU budget €952,178 attributed share
- EU research €4.8m EU contribution
Insights on Manufacture of rubber and plastic products
Balance sheet and result. The median net result of €47,500 is above Belgium's €16,516. Return on equity of 6.7% is below Belgium's 15.9%. 7.1% of the annual accounts show negative equity, against 12.4% in Belgium.
Bankruptcies. The median bankruptcy probability of 0.3% is above Belgium's 0.2%.
Inflow and structure. Half of the companies are younger than 29.3 years, against 8.1 years in Belgium. 7.1% of the companies are sole traders, against 41.6% in Belgium. In 12 months, 3.5 of 100 companies started, against 8.9 in Belgium. That is fewer than in 83% of the 87 NACE divisions.
Staff and filing. 31.1% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 1,747 of the 5,071 FTE: 34.4%.
Direction. The median net result fell from €82,648 in financial year 2020 to €47,500 in financial year 2025.
The comparison with Belgium as a whole and with the other divisions is as of 07-11-2026 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 22210 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 1,276,547 companies with a main activity, because only those belong to a division. The other 699,272 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.