Manufacture of furniture
Filed accounts
NACE 31001 · financial year 2025 · 205 filed annual accounts| Per financial year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Median solvency | 28.9% | 33.2% | 33.6% | 34.7% | 36.1% | 36.3% |
| Median net result | €9,878 | €15,841 | €16,595 | €13,963 | €7,358 | €8,368 |
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Bankruptcies
Recent bankruptcies
| Date | Company |
|---|---|
| 04-09-2026 | Soudant, Marcus
BE 0697.309.541 · sole trader · Maasmechelen |
| 21-08-2026 | WEYTEN
BE 0780.792.887 |
| 22-06-2026 | SO SWEET!HOMES DECO&IMMO
BE 0795.127.707 |
| 18-03-2026 | YOU'NDOAK
BE 0842.063.928 |
| 03-12-2025 | WOOD PASSION
BE 0849.996.053 |
| 12-09-2025 | Aquinos Bedding Belgium
BE 0769.859.801 |
| 21-05-2025 | Unit 14
BE 0731.791.259 |
| 08-05-2025 | Hervelle, Jean-Luc
BE 0756.835.966 · sole trader · Andenne |
Spread across the country
by region and province · 258 of 440 enterprises with a registered office on file · a sole trader has no published seat- Flanders
- Wallonia
- Brussels
- Abroad
The balance sheets of division 31 on the map, by municipality and down to the address
Largest employers
NACE 31001 as first main activity · staff from the latest accounts- 1 Aquinos Bedding BelgiumHulshout 207 FTEfinancial year 2023
- 2 PotteauKortrijk 137 FTEfinancial year 2025
- 3 ERVO ProjectsTurnhout 98.6 FTEfinancial year 2025
- 4 PAMIPelt 97.4 FTEfinancial year 2025
- 5 LANDE BELanaken 61.5 FTEfinancial year 2025
Joint committees
from the latest accounts of 87 companies- 126 Furnishing and woodworking 34
- 200 Auxiliary committee for white-collar workers 28
- 209 White-collar workers in metal manufacturing 26
- 111 Metal, mechanical and electrical engineering 24
- 124 Construction 18
- 149.04 Metal trade 3
- 100 Auxiliary committee for blue-collar workers 2
- 201 Independent retail 2
Show the 4 others
- 105 Non-ferrous metals 1
- 109 Clothing and garment industry 1
- 120 Textile industry 1
- 214 White-collar workers in the textile industry 1
Source: the annual accounts at the National Bank. One filing can name more than one committee.
Division 31: Furniture
Related activities
4 other activities| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| Manufacture of dining room, living room, bedroom and bathroom furniture31004 | 1,455 | 63 | 6 | 2,814 |
| Manufacture of furniture31002 | 602 | 19 | 2 | 1,785 |
| Manufacture of furniture31009 | 454 | 28 | 3 | 238 |
| Manufacture of furniture31003 | 56 | 3 | 1 | 933 |
Bankruptcies per year in division 31
| Per year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bankruptcies | 26 | 21 | 19 | 26 | 18 | 16 | 15 | 22 | 18 | 28 | 20 | 14 |
| Jobs lost | 191 | 60 | 39 | 87 | 37 | 237 | 44 | 79 | 358 | 103 | 133 | 62 |
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 31
294 employers| Size | Median | Middle half | Employers |
|---|---|---|---|
| fewer than 10 FTE | €53,300 | €44,700 to €63,200 | 145 |
| 10 to 49 FTE | €60,700 | €53,700 to €67,900 | 121 |
| 50 to 249 FTE | €59,200 | €54,600 to €65,500 | 28 |
Employers with the highest staff cost per FTE in this division All sectors by staff cost In the Analysis workbench
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 14% for Belgium as a whole.
Subsidies in this sector
per register · legal entities with an enterprise number- Flemish subsidies €9.3m awarded
- Wallonia-Brussels Federation €12,000 paid
- EU budget €882,079 attributed share
Insights on Manufacture of furniture
Balance sheet and result. The median net result of €8,368 is below Belgium's €16,500. Return on equity of 8.6% is below Belgium's 15.9%. Solvency of 36.3% is below Belgium's 46.1%.
Bankruptcies. In 12 months, 11.4 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is more than in 92% of the 88 NACE divisions. The median bankruptcy probability of 0.5% is above Belgium's 0.2%.
Inflow and structure. In 12 months, 5.0 of 100 companies started, against 8.9 in Belgium. That is fewer than in 68% of the 87 NACE divisions. Half of the companies are younger than 10.4 years, against 8.1 years in Belgium. This activity holds 15.0% of the registrations of Furniture.
Staff and filing. 34.3% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 601 of the 977 FTE: 61.5%.
Direction. Median solvency rose from 28.9% in financial year 2020 to 36.3% in financial year 2025. The median net result fell from €9,878 in financial year 2020 to €8,368 in financial year 2025.
The comparison with Belgium as a whole and with the other divisions is as of 08-11-2026 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 31001 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 1,276,474 companies with a main activity, because only those belong to a division. The other 699,509 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.