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Manufacture of furniture

NACE 310 · division 31 Furniture
Current registrations 2,946
Starters, 12 months 136division 31 · 4.6 per 100 · Belgium 7.5
Bankruptcies, 5 years 441.49% of the registrations · Belgium 1.61%
Employment (FTE) 8,365division 31 · financial year 2025
Median age 13.4 yearsdivision 31 · Belgium 10.7 years

Filed accounts of the division

NACE division 31 · financial year 2025 · 1,260 filed annual accounts
Median solvency
39.7%
Belgium 46.2%
Median net result
€9,652
Belgium €16,569
Median equity
€129,597
Belgium €98,595
Loss-making
30.1%
Belgium 26.7%
Negative equity
14.1%
Belgium 12.4%
Median return on equity
8.3%
Belgium 16.0%
Median liquidity
1.61
Belgium 1.66

Staff cost per FTE in NACE division 31

292 employers
Median
€56,600
Belgium €61,400
Middle half
€50,200 to €65,900
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 €53,300 €45,100 to €63,200 143
10 to 49 FTE €60,400 €53,700 to €67,700 120
50 to 249 FTE €60,400 €55,100 to €65,400 29

Bankruptcies

Bankruptcies, 12 months
18
division 31 · 6.1 per 1,000 registrations · Belgium 5.5

Recent bankruptcies

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

Every bankruptcy in division 31, last 90 days

Spread across the country

by region and province · 1,610 of 2,946 enterprises with a registered office on file
  • Flanders 1,181 · 73.4%
  • Wallonia 340 · 21.1%
  • Brussels 88 · 5.5%
  • Unknown 1 · 0.1%
fewer moremax 301

Largest employers

NACE division 31 · staff from the latest accounts
  1. 1 DOVY KEUKENSRoeselare 233 FTEfinancial year 2025
  2. 2 SEDAC - MECOBELWevelgem 202 FTEfinancial year 2025
  3. 3 PotteauKortrijk 137 FTEfinancial year 2025
  4. 4 Polypreen BelgiëLommel 135 FTEfinancial year 2025
  5. 5 Hilding Anders BelgiumKruisem 111 FTEfinancial year 2024

4 of the 1,263 companies in NACE division 31 have a parent company abroad. Main parent countries: Austria (1), France (1) and Netherlands (1). Together they employ 219 of the division's 6,747 FTE: 3.2%, against 15% for Belgium as a whole.

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €9.3m awarded 317 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

Insights on Manufacture of furniture

The number of starters per 100 companies in NACE division 31 is lower than that of 70% of the 87 NACE divisions with this figure.

This sector's historical share is higher than that of 62% of the 88 NACE divisions with this figure.

The median bankruptcy probability in NACE division 31 is 0.5%, against 0.2% for Belgium as a whole. It is computed over 1,433 scored companies.

The comparison with Belgium as a whole and with the other divisions is as of 01-11-2026 05:30.

Method and sources

Every company registered today counts under its main activities in the KBO. Establishment units do not count. The count follows the NACE 2025 classification, the version in which code 310 exists.

The historical share is the share of current registrations for which a bankruptcy opening was published in the past five years. A company with more than one main activity counts in each of those sectors. The historical share is not a future bankruptcy probability.

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 "higher than 80%" compares with the other divisions that have the figure. A division's bankruptcy probability is the median over its companies with a score. Their number is given with the figure.

The filed-accounts figures cover the whole NACE division 31, not only NACE 310. There are too few filed annual accounts per five-digit code to compute them separately. Each median is the value of the middle company, computed over the division's 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.