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Manufacture of furniture

NACE 31003
Enterprises56
Bankruptcies (5y)4
Failure rate7.14%

Nationally 1.50% of enterprises go bankrupt within five years; this failure rate is higher than every NACE division. The median bankruptcy probability in NACE division 31 is 0.7%, against 0.5% nationally, over 1,103 scored companies.

Key figures for NACE division 31

fiscal year 2025 · median over 764 filed annual accounts
Median solvency
42.7%
lower than 59% of 79 divisions
Median equity
€117k
lower than 52% of 79 divisions
Median net result
€9k
lower than 76% of 79 divisions
Annual accounts in sample
764

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 establishment address
fewer moremax 16
How these figures are counted

Enterprises are counted by their primary NACE; establishment units are not counted. Counted in the KBO's NACE 2025 nomenclature, the one in which code 31003 exists.

Bankruptcies and the failure rate are attributed by each company's current primary NACE, not the NACE at the time of bankruptcy (which the gazette does not record).

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. Medians over NBB annual accounts, all schema types combined.