Manufacture of other non-metallic mineral products
No bankruptcy in the past five years.
Filed accounts
NACE 23110 · financial year 2025 · 38 filed annual accounts| Per financial year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Median solvency | 47.9% | 46.2% | 50.3% | 53.0% | 56.9% | 58.0% |
| Median net result | €23,694 | €24,225 | €28,009 | €39,967 | €18,663 | €6,373 |
Hold your customer's or competitor's figures against them in the Sector benchmark
Spread across the country
by region and province · 43 of 65 enterprises with a registered office on file · a sole trader has no published seat- Flanders
- Wallonia
- Brussels
The balance sheets of division 23 on the map, by municipality and down to the address
Largest employers
NACE 23110 as first main activity · staff from the latest accounts- 1 AGC GLASS EUROPEOttignies-Louvain-la-Neuve 1,968 FTEfinancial year 2025
- 2 SAINT-GOBAIN INNOVATIVE MATERIALS BELGIUMWavre 508 FTEfinancial year 2025
- 3 AGC Fabrication BelgiumBruges 298 FTEfinancial year 2025
- 4 CYGLAHeusden-Zolder 48.7 FTEfinancial year 2025
- 5 LEROI INDUSTRIESHasselt 46.9 FTEfinancial year 2024
Joint committees
from the latest accounts of 20 companies- 200 Auxiliary committee for white-collar workers 17
- 115 Glass industry 12
- 124 Construction 7
- 100 Auxiliary committee for blue-collar workers 3
- 111 Metal, mechanical and electrical engineering 2
- 109 Clothing and garment industry 1
- 116 Chemical industry 1
- 207 White-collar workers in the chemical industry 1
Show the 1 others
- 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 23: Non-metallic mineral products
Related activities
4 other activities| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| Manufacture of other non-metallic mineral products23120 | 100 | 9 | 1 | 734 |
| Manufacture of other non-metallic mineral products23150 | 97 | 6 | 0 | 598 |
| Manufacture of other non-metallic mineral products23130 | 65 | 5 | 0 | 979 |
| Manufacture of other non-metallic mineral products23140 | 13 | 0 | 0 | 1,042 |
Bankruptcies per year in division 23
| Per year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bankruptcies | 16 | 10 | 26 | 10 | 15 | 8 | 7 | 8 | 8 | 12 | 14 | 8 |
| Jobs lost | 50 | 158 | 427 | 16 | 213 | 48 | 36 | 23 | 16 | 32 | 960 | 59 |
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 23
522 employers| Size | Median | Middle half | Employers |
|---|---|---|---|
| fewer than 10 FTE | €62,300 | €52,200 to €73,700 | 258 |
| 10 to 49 FTE | €66,400 | €59,700 to €73,100 | 196 |
| 50 to 249 FTE | €73,200 | €66,100 to €86,700 | 48 |
| 250 FTE or more | €92,100 | €71,100 to €97,900 | 20 |
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 23
1,448 registered companiesSubsidies in this sector
per register · legal entities with an enterprise number- Flemish subsidies €29.5m awarded
- Federal transfers 735,000 amount as published
- EU budget €157.2m attributed share
- EU research €7.9m EU contribution
Insights on Manufacture of other non-metallic mineral products
Balance sheet and result. Return on equity of 2.8% is below Belgium's 15.9%. The median net result of €6,373 is below Belgium's €16,492. 7.9% of the annual accounts show negative equity, against 12.4% in Belgium.
Bankruptcies. The median bankruptcy probability of 0.2% is above Belgium's 0.2%.
Inflow and structure. Half of the companies are younger than 16.8 years, against 8.1 years in Belgium. 33.8% of the companies are sole traders, against 41.6% in Belgium. This activity holds 2.2% of the registrations of Non-metallic mineral products.
Staff and filing. The 5 largest employers hold 2,870 of the 3,061 FTE: 93.8%.
Direction. Median solvency rose from 47.9% in financial year 2020 to 58.0% in financial year 2025. The median net result fell from €23,694 in financial year 2020 to €6,373 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 23110 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.