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Manufacture of dining room, living room, bedroom and bathroom furniture

NACE 31004 · division 31 Furniture
Current registrations 1,456division 31: 2,944
Starters, 12 months 634.3 per 100 · Belgium 8.9
Bankruptcies, 12 months 64.1 per 1,000 registrations · Belgium 6.2
Employment (FTE) 2,814146 employers · latest accounts
Median age 19.3 yearsBelgium 8.1 years
E-invoicing via Peppol 91.9%1,338 of 1,456 companies in the Peppol Directory · Belgium 85.0%

Filed accounts

NACE 31004 · financial year 2025 · 608 filed annual accounts
Median solvency
41.5%
division 39.7% · Belgium 46.1%
Median net result
€9,635
division €9,556 · Belgium €16,520
Median equity
€135,009
division €129,354 · Belgium €98,421
Loss-making
28.9%
division 30.2% · Belgium 26.7%
Negative equity
14.6%
division 14.3% · Belgium 12.4%
Median return on equity
7.9%
division 8.3% · Belgium 15.9%
Median liquidity
1.68
division 1.61 · Belgium 1.66
Filed late
36.2%
financial year 2024, 613 filings · division 36.9% · Belgium 38.4%
Missing or 90 days late
3.7%
of 647 companies with annual accounts · division 3.8% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 35.1%37.1%36.3%38.5%39.3%41.5%
Median net result €9,712€18,177€13,654€9,596€10,965€9,635

Hold your customer's or competitor's figures against them in the Sector benchmark

Bankruptcies

Bankruptcies, 5 years, still registered
14
0.96% of the registrations · Belgium 1.68%
Running bankruptcies
20
13.7 per 1,000 registrations

Recent bankruptcies

Date Company
14-10-2026 BOUWVOORDEEL
BE 0705.966.493
11-09-2026 ATELIER QUATRE MAINS
BE 0415.168.611
01-07-2026 MENUISERIE DE FRUTOS
BE 0473.460.661
01-04-2026 CORACO
BE 0419.296.653
23-02-2026 BOONE
BE 0428.180.665
22-12-2025 INTERPOINT
BE 0430.004.265
24-07-2025 TIMBER
BE 0426.823.556
02-04-2025 HANS KEUKENS
BE 0876.539.708

Every bankruptcy in division 31, last 90 days

Spread across the country

by region and province · 731 of 1,456 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 537 · 73.5%
  • Wallonia 155 · 21.2%
  • Brussels 36 · 4.9%
  • Abroad 3 · 0.4%
fewer moremax 142

Largest employers

NACE 31004 as first main activity · staff from the latest accounts
  1. 1 SEDAC - MECOBELWevelgem 202 FTEfinancial year 2025
  2. 2 MECAMDilsen-Stokkem 109 FTEfinancial year 2025
  3. 3 HALUXSint-Niklaas 104 FTEfinancial year 2025
  4. 4 BAUWENSBeernem 102 FTEfinancial year 2025
  5. 5 JORIWervik 99.7 FTEfinancial year 2025

Joint committees

from the latest accounts of 275 companies
  • 126 Furnishing and woodworking 217
  • 200 Auxiliary committee for white-collar workers 64
  • 124 Construction 37
  • 201 Independent retail 22
  • 100 Auxiliary committee for blue-collar workers 6
  • 109 Clothing and garment industry 6
  • 111 Metal, mechanical and electrical engineering 3
  • 209 White-collar workers in metal manufacturing 3
Show the 12 others
  • 149.04 Metal trade 2
  • 215 White-collar workers in the clothing and garment industry 2
  • 116 Chemical industry 1
  • 120 Textile industry 1
  • 125.03 Timber trade 1
  • 140.03 Road transport and logistics for third parties 1
  • 145 Horticulture 1
  • 207 White-collar workers in the chemical industry 1
  • 214 White-collar workers in the textile industry 1
  • 302 Hotels and catering 1
  • 323 Building management, estate agents and domestic staff 1
  • 327.03 Sheltered and social workshops 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 furniture31002 603 20 2 1,785
Manufacture of furniture31009 454 28 3 238
Manufacture of furniture31001 441 22 5 977
Manufacture of furniture31003 56 3 1 933

Bankruptcies per year in division 31

Per year201520162017201820192020202120222023202420252026
Bankruptcies262119261816152218282014
Jobs lost19160398737237447935810313362

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
Median
€56,600
Belgium €61,400
Middle half
€50,000 to €66,300
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 €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

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 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 dining room, living room, bedroom and bathroom furniture

Balance sheet and result. Return on equity of 7.9% is below Belgium's 15.9%. The median net result of €9,635 is below Belgium's €16,520. 14.6% of the annual accounts show negative equity, against 12.4% in Belgium.

Bankruptcies. In 12 months, 4.1 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is more than in 56% of the 88 NACE divisions. The median bankruptcy probability of 0.5% is above Belgium's 0.2%.

Inflow and structure. Half of the companies are younger than 19.3 years, against 8.1 years in Belgium. In 12 months, 4.3 of 100 companies started, against 8.9 in Belgium. That is fewer than in 75% of the 87 NACE divisions. 49.8% of the companies are sole traders, against 41.6% in Belgium.

Staff and filing. The 5 largest employers hold 616 of the 2,814 FTE: 21.9%.

Direction. Median solvency rose from 35.1% in financial year 2020 to 41.5% in financial year 2025.

The comparison with Belgium as a whole and with the other divisions is as of 06-11-2026 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 31004 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 1,276,581 companies with a main activity, because only those belong to a division. The other 698,987 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.