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Manufacture of furniture

NACE 31003
Current registrations56
Starters, 12 months · division 31
137
Employment (FTE) · division 31
8,361
Median age · division 31
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 87 NACE divisions with this figure. Comparison: as of 24-10-2026 05:30.

Key figures for NACE division 31

financial year 2025 · median over 932 filed annual accounts
Median solvency
40.9%
lower than 68% of the 79 divisions with this figure
Median equity
€110,591
lower than 54% of the 79 divisions with this figure
Median net result
€8,353
lower than 76% of the 79 divisions with this figure
Annual accounts in sample
932

Foreign control in NACE division 31

1,263 registered companies

Staff cost per FTE in NACE division 31

292 employers
Median
€56,500
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 €59,800 €53,700 to €67,500 120
50 to 249 FTE €60,400 €55,100 to €65,400 29

Bankruptcies

past five years
Bankruptcies (5y)
4
Historical share
7.14%

Nationally, 1.61% of current registrations have a published bankruptcy opening in the past five years. This sector's historical share is higher than every NACE division. The median bankruptcy probability in NACE division 31 is 0.6%, against 0.2% nationally, over 1,433 scored companies. Comparison: as of 24-10-2026 05:30.

Regional split

by region · 50 of 56 enterprises with a registered office on file
Flanders 44 · 88.0%
Wallonia 4 · 8.0%
Brussels 2 · 4.0%

Recent bankruptcies in this sector

4
Date Company
31-08-2026 NEW-HERMAT
BE 0434.068.169
11-12-2024 SLEEPING SOLUTIONS PRODUCTION
BE 0431.545.773
20-08-2024 ACRO BEDDING
BE 0454.189.236
01-08-2023 VELDEMAN BEDDING
BE 0436.960.848

Geographic distribution

by province · based on the registered office
fewer moremax 16

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

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 31003 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 key figures cover the whole NACE division 31, not NACE 31003 on its own: there are too few filed annual accounts per five-digit code to compute them separately. The middle company of the sector, based on all filed annual accounts.