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Manufacture of furniture

NACE 31
Current registrations2,951
Starters, 12 months
137
Employment (FTE)
8,319
Median age
13.4 years

In NACE division 31, 4.6 companies per 100 started in the past twelve months, against 7.5 nationally; that is lower than that of 74% of the 86 other NACE divisions with this figure. Comparison: as of 16-10-2026 05:30.

Key figures for NACE division 31

financial year 2025 · median over 923 filed annual accounts
Median solvency
41.2%
lower than 67% of the 78 divisions with this figure
Median equity
€111,067
lower than 53% of the 78 divisions with this figure
Median net result
€8,368
lower than 77% of the 78 divisions with this figure
Annual accounts in sample
923

Foreign control in NACE division 31

1,266 registered companies

Staff cost per FTE in NACE division 31

292 employers
Median
€56,300
Belgium €61,400
Middle half
€49,700 to €65,800
half of the employers lie between
Place among sectors
64 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €52,500 €43,800 to €63,000 143
10 to 49 FTE €59,800 €53,700 to €67,500 120
50 to 249 FTE €60,400 €55,100 to €65,200 29

Bankruptcies

past five years
Bankruptcies (5y)
45
Historical share
1.52%

Nationally, 1.61% of current registrations have a published bankruptcy opening in the past five years. This sector's historical share is higher than that of 63% of the 87 other NACE divisions with this figure. The median bankruptcy probability in NACE division 31 is 0.6%, against 0.2% nationally, over 1,433 scored companies. Comparison: as of 16-10-2026 05:30.

Regional split

by region · 1,614 of 2,951 enterprises with a registered office on file
Flanders 1,185 · 73.4%
Wallonia 340 · 21.1%
Brussels 88 · 5.5%
Unknown 1 · 0.1%

Recent bankruptcies in this sector

8
Date Company
14-10-2026 BOUWVOORDEEL
BE 0705.966.493
06-10-2026 OKA VLAANDEREN
BE 0764.312.983
18-09-2026 Eco-Deco
BE 1009.985.279
11-09-2026 ATELIER QUATRE MAINS
BE 0415.168.611
04-09-2026 Soudant, Marcus
BE 0697.309.541 · sole trader · Maasmechelen
31-08-2026 NEW-HERMAT
BE 0434.068.169
21-08-2026 WEYTEN
BE 0780.792.887
01-07-2026 MENUISERIE DE FRUTOS
BE 0473.460.661

Geographic distribution

by province · based on the registered office
fewer moremax 302

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €9.3m awarded 318 recipients · 2022 to 2025 · largest: Vlaams opleidingsverlof (VOV)
  • Wallonia-Brussels Federation €12,000 paid 3 recipients · 2023 to 2025 · largest: Unnamed in the register
  • EU budget €882,079 attributed share 2 recipients · 2021 to 2025 · largest: General equipment, vehicle, furniture

Explore every recipient in this sector

How these figures are counted

Current enterprise registrations are counted through their registered main activities; establishment units are excluded. Counted in the KBO's NACE 2025 nomenclature, the one in which code 31 exists.

Share of currently registered companies with a published bankruptcy opening in the past five years. Registered main activities in the selected classification can overlap. This retrospective share is not a future bankruptcy probability.

The comparison with the country and with the other NACE divisions comes from a nightly overview of every division, each counted in the nomenclature in which it exists. A standing such as "higher than 80%" counts the other divisions that have the figure. The bankruptcy probability is the median of our nightly score over the division's companies that have one; the count is stated.

The middle company of the sector, based on all filed annual accounts.