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Manufacture of other non-metallic mineral products

Current registrations 62division 23: 2,981
Starters, 12 months 11.6 per 100 · Belgium 8.9
Employment (FTE) 59828 employers · latest accounts
Median age 29.4 yearsBelgium 8.1 years
E-invoicing via Peppol 88.7%55 of 62 companies in the Peppol Directory · Belgium 85.0%

No bankruptcy in the past twelve months.

Filed accounts

NACE 23990 · financial year 2025 · 50 filed annual accounts
Median solvency
40.4%
division 46.9% · Belgium 46.1%
Median net result
€45,006
division €19,750 · Belgium €16,520
Median equity
€1.5m
division €366,801 · Belgium €98,421
Loss-making
36.0%
division 26.4% · Belgium 26.7%
Negative equity
8.0%
division 8.3% · Belgium 12.4%
Median return on equity
3.7%
division 8.1% · Belgium 15.9%
Median liquidity
1.47
division 1.69 · Belgium 1.66
Filed late
26.4%
financial year 2024, 53 filings · division 34.3% · Belgium 38.4%
Missing or 90 days late
3.8%
of 53 companies with annual accounts · division 4.0% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 40.0%41.7%39.6%42.3%44.0%40.4%
Median net result €14,453€28,274€28,923€35,375€56,205€45,006

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

Bankruptcies

Bankruptcies, 5 years, still registered
1
1.61% of the registrations · Belgium 1.68%
Running bankruptcies
2
32.3 per 1,000 registrations

Recent bankruptcies

Date Company
03-11-2026 A&H Minerals
BE 0714.928.008

Every bankruptcy in division 23, last 90 days

Spread across the country

by region and province · 60 of 62 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 29 · 48.3%
  • Wallonia 24 · 40.0%
  • Brussels 4 · 6.7%
  • Abroad 3 · 5.0%
fewer moremax 9

Largest employers

NACE 23990 as first main activity · staff from the latest accounts
  1. 1 IMERYS MINERAUX BELGIQUEVisé 146 FTEfinancial year 2025
  2. 2 JACKON INSULATIONOlen 62.9 FTEfinancial year 2025
  3. 3 KEM - PRODUCTSHeist-op-den-Berg 61.4 FTEfinancial year 2025
  4. 4 BELASCOGhent 41.6 FTEfinancial year 2025
  5. 5 DICALITE EUROPEGhent 40.5 FTEfinancial year 2025

Joint committees

from the latest accounts of 32 companies
  • 200 Auxiliary committee for white-collar workers 19
  • 124 Construction 12
  • 116 Chemical industry 10
  • 207 White-collar workers in the chemical industry 9
  • 100 Auxiliary committee for blue-collar workers 5
  • 201 Independent retail 2
  • 102.10 Quarries 1
  • 106.02 Concrete industry 1
Show the 2 others
  • 142.04 Recovery of raw materials 1
  • 226 White-collar workers in international trade, transport and logistics 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

1 other activity
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Manufacture of other non-metallic mineral products23910 11 0 0 38

Bankruptcies per year in division 23

Per year201520162017201820192020202120222023202420252026
Bankruptcies1610261015878812148
Jobs lost5015842716213483623163296059

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
Median
€65,800
Belgium €61,400
Middle half
€56,800 to €75,200
half of the employers lie between
Place among sectors
40 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
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

Foreign control in NACE division 23

1,450 registered companies

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €29.5m awarded 351 recipients · 2022 to 2025 · largest: Strategische transformatiesteun
  • Federal transfers 735,000 amount as published 1 recipient · 2023 to 2025 · largest: Economie van de toekomst en productiviteit: subsidies aan bedrijven
  • EU budget €157.2m attributed share 8 recipients · 2021 to 2025 · largest: Innovation Fund
  • EU research €7.9m EU contribution 9 recipients · 2010 to 2027 · largest: Horizon Europe

Explore every recipient in this sector

Insights on Manufacture of other non-metallic mineral products

Balance sheet and result. The median net result of €45,006 is above Belgium's €16,520. Return on equity of 3.7% is below Belgium's 15.9%. 8.0% 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 29.4 years, against 8.1 years in Belgium. 3.2% of the companies are sole traders, against 41.6% in Belgium. Wallonia holds 42.1% of the seats, against 22.7% in Belgium.

Staff and filing. 26.4% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 352 of the 598 FTE: 58.9%.

Direction. The median net result rose from €14,453 in financial year 2020 to €45,006 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 23990 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.