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Manufacture of rubber and plastic products

Current registrations 57division 22: 1,325
Starters, 12 months 58.8 per 100 · Belgium 8.9
Bankruptcies, 12 months 117.5 per 1,000 registrations · Belgium 6.2
Employment (FTE) 71 employer · latest accounts
Median age 30.4 yearsBelgium 8.1 years
E-invoicing via Peppol 93.0%53 of 57 companies in the Peppol Directory · Belgium 85.0%

Filed accounts

NACE 22230 · financial year 2025 · 49 filed annual accounts
Median solvency
53.7%
division 48.0% · Belgium 46.1%
Median net result
€85,489
division €36,294 · Belgium €16,516
Median equity
€1.6m
division €751,307 · Belgium €98,395
Loss-making
20.4%
division 26.1% · Belgium 26.7%
Negative equity
6.1%
division 9.4% · Belgium 12.4%
Median return on equity
7.7%
division 8.3% · Belgium 15.9%
Median liquidity
2.09
division 1.75 · Belgium 1.66
Filed late
36.7%
financial year 2024, 49 filings · division 34.3% · Belgium 38.4%
Missing or 90 days late
2.0%
of 50 companies with annual accounts · division 4.3% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 46.7%46.1%46.7%54.6%58.4%53.7%
Median net result €117,259€218,719€127,670€195,036€109,201€85,489

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

Bankruptcies

Bankruptcies, 5 years, still registered
1
1.75% of the registrations · Belgium 1.68%
Running bankruptcies
1
17.5 per 1,000 registrations

Recent bankruptcies

Date Company
23-10-2026 SOFIPLAS
BE 0416.750.206

Every bankruptcy in division 22, last 90 days

Spread across the country

by region and province · 56 of 57 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 36 · 64.3%
  • Wallonia 17 · 30.4%
  • Brussels 3 · 5.4%
fewer moremax 13

Largest employers

NACE 22230 as first main activity · staff from the latest accounts
  1. 1 CEZAMBouillon 6.8 FTEfinancial year 2025

Companies

57 with this main activity

Joint committees

from the latest accounts of 31 companies
  • 111 Metal, mechanical and electrical engineering 21
  • 209 White-collar workers in metal manufacturing 19
  • 207 White-collar workers in the chemical industry 7
  • 116 Chemical industry 6
  • 124 Construction 2
  • 126 Furnishing and woodworking 1
  • 200 Auxiliary committee for white-collar workers 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 products22210 226 8 1 5,071
Manufacture of rubber and plastic products22220 155 0 0 4,368
Manufacture of rubber and plastic products22250 18 9 0 4

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

Balance sheet and result. The median net result of €85,489 is above Belgium's €16,516. Return on equity of 7.7% is below Belgium's 15.9%. 6.1% of the annual accounts show negative equity, against 12.4% in Belgium.

Bankruptcies. The median bankruptcy probability of 0.2% is below Belgium's 0.2%.

Inflow and structure. Half of the companies are younger than 30.4 years, against 8.1 years in Belgium. 1.8% of the companies are sole traders, against 41.6% in Belgium. Wallonia holds 30.4% of the seats, against 22.7% in Belgium.

Direction. Median solvency rose from 46.7% in financial year 2020 to 53.7% in financial year 2025. The median net result fell from €117,259 in financial year 2020 to €85,489 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 22230 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.