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Manufacture of rubber and plastic products

Current registrations 619division 22: 1,325
Starters, 12 months 13622.0 per 100 · Belgium 8.9
Bankruptcies, 12 months 46.5 per 1,000 registrations · Belgium 6.2
Employment (FTE) 4,05483 employers · latest accounts
Median age 6.3 yearsBelgium 8.1 years
E-invoicing via Peppol 85.5%529 of 619 companies in the Peppol Directory · Belgium 85.0%

Filed accounts

NACE 22260 · financial year 2025 · 270 filed annual accounts
Median solvency
49.6%
division 48.1% · Belgium 46.1%
Median net result
€23,579
division €36,611 · Belgium €16,520
Median equity
€842,796
division €751,448 · Belgium €98,421
Loss-making
28.9%
division 26.2% · Belgium 26.7%
Negative equity
8.9%
division 9.4% · Belgium 12.4%
Median return on equity
6.5%
division 8.3% · Belgium 15.9%
Median liquidity
1.91
division 1.75 · Belgium 1.66
Filed late
33.6%
financial year 2024, 280 filings · division 34.3% · Belgium 38.4%
Missing or 90 days late
4.4%
of 293 companies with annual accounts · division 4.3% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 45.1%44.2%42.1%43.5%47.7%49.6%
Median net result €54,591€67,535€54,885€45,803€40,988€23,579

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

Bankruptcies

Bankruptcies, 5 years, still registered
10
1.62% of the registrations · Belgium 1.68%
Running bankruptcies
9
14.5 per 1,000 registrations

Recent bankruptcies

Date Company
13-07-2026 L. SACCOL
BE 0430.746.910
17-04-2026 BEWOOD
BE 0874.112.629
16-02-2026 POOLFACTORY-PP
BE 0544.600.461
05-01-2026 REIN4CED
BE 0597.747.256
25-02-2025 TUPPERWARE BELGIUM
BE 0400.318.208
25-02-2025 TUPPERWARE BELGIUM
BE 0400.318.208
20-02-2025 3D PROJECT
BE 0662.895.426
23-08-2023 GALAN SWIM
BE 0742.956.355

Every bankruptcy in division 22, last 90 days

Spread across the country

by region and province · 331 of 619 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 245 · 74.0%
  • Wallonia 70 · 21.1%
  • Brussels 8 · 2.4%
  • Abroad 8 · 2.4%
fewer moremax 60

Largest employers

NACE 22260 as first main activity · staff from the latest accounts
  1. 1 AVERY DENNISON MATERIALS BELGIUMSoignies 493 FTEfinancial year 2018
  2. 2 Becton Dickinson BeneluxAalst 435 FTEfinancial year 2023
  3. 3 deSterHoogstraten 287 FTEfinancial year 2025
  4. 4 TUPPERWARE BELGIUMAalst 249 FTEfinancial year 2023
  5. 5 VINVENTIONSThimister-Clermont 211 FTEfinancial year 2025

Joint committees

from the latest accounts of 186 companies
  • 116 Chemical industry 138
  • 207 White-collar workers in the chemical industry 133
  • 111 Metal, mechanical and electrical engineering 30
  • 209 White-collar workers in metal manufacturing 29
  • 200 Auxiliary committee for white-collar workers 8
  • 100 Auxiliary committee for blue-collar workers 2
  • 109 Clothing and garment industry 2
  • 215 White-collar workers in the clothing and garment industry 2
Show the 11 others
  • 110 Textile care 1
  • 119 Food trade 1
  • 120 Textile industry 1
  • 124 Construction 1
  • 136 Paper and cardboard processing 1
  • 149 Sectors related to metal, mechanical and electrical engineering 1
  • 149.01 Electricians: installation and distribution 1
  • 149.04 Metal trade 1
  • 201 Independent retail 1
  • 214 White-collar workers in the textile industry 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 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 products22230 57 5 1 7
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. Return on equity of 6.5% is below Belgium's 15.9%. The median net result of €23,579 is above Belgium's €16,520. 8.9% 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. In 12 months, 22.0 of 100 companies started, against 8.9 in Belgium. That is more than in 98% of the 87 NACE divisions. Half of the companies are younger than 6.3 years, against 8.1 years in Belgium. Flanders holds 75.9% of the seats, against 64.7% in Belgium.

Staff and filing. 33.6% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 1,674 of the 4,054 FTE: 41.3%.

Direction. Median solvency rose from 45.1% in financial year 2020 to 49.6% in financial year 2025. The median net result fell from €54,591 in financial year 2020 to €23,579 in financial year 2025.

The comparison with Belgium as a whole and with the other divisions is as of 06-11-2026 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 22260 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 1,276,581 companies with a main activity, because only those belong to a division. The other 698,987 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.