Ranking · East Flanders · NACE 17
Manufacture of paper and paper products: the largest companies in East Flanders
As of 14 Nov 2026, 52 companies in Manufacture of paper and paper products (NACE 17) in East Flanders publish total assets in recent accounts (financial years 2024 to 2026). The top 10 account for €3.20bn, out of €3.34bn for all of them; median total assets are €2.41m. Ontex leads with €1.14bn (financial year 2025).
Top 50 · Manufacture of paper and paper products · East Flanders
Ranked by total assets in the latest filed accounts. This is a size criterion, not an assessment.
| # | Company | Total assets | Revenue | Equity | FTE | Year |
|---|---|---|---|---|---|---|
| 1 | Ontex 9255 Buggenhout | €1.14bn | €1.51bn | €360.1m | 578.9 | 2025 |
| 2 | VPK Group 9200 Dendermonde | €956.3m | — | €719.4m | 76.0 | 2025 |
| 3 | Corex Holding 9300 Aalst | €284.1m | — | €279.4m | 2.1 | 2025 |
| 4 | Stora Enso Langerbrugge 9000 Ghent | €211.6m | €270.0m | €109.2m | 348.1 | 2025 |
| 5 | VPK Paper 9200 Dendermonde | €162.1m | €222.8m | €99.1m | 292.2 | 2025 |
| 6 | VPK Packaging 9200 Dendermonde | €114.9m | €348.3m | €43.8m | 570.8 | 2025 |
| 7 | W.H. Brady 9240 Zele | €108.9m | €103.0m | €43.8m | 270.6 | 2025 |
| 8 | P. Van de Velde 9230 Wetteren | €100.8m | €31.4m | −€66.4m | 38.0 | 2025 |
| 9 | DS Smith Packaging Belgium 9000 Ghent | €82.8m | €76.5m | €40.5m | 369.8 | 2025 |
| 10 | Smurfit Westrock Gent 9030 Ghent | €34.7m | €26.0m | €11.3m | 180.2 | 2025 |
| 11 | Metalon 9130 Beveren-Kruibeke-Zwijndrecht | €17.3m | — | €7.41m | 22.4 | 2025 |
| 12 | Corpack 9120 Beveren-Kruibeke-Zwijndrecht | €15.5m | €22.0m | €3.11m | 44.3 | 2025 |
| 13 | Lumipaper 9130 Beveren-Kruibeke-Zwijndrecht | €13.0m | €17.4m | €9.16m | 96.5 | 2025 |
| 14 | DCP 9420 Erpe-Mere | €11.5m | €13.5m | €1.77m | 63.9 | 2025 |
| 15 | SK packaging 9090 Merelbeke-Melle | €8.78m | — | €2.62m | 10.0 | 2025 |
| 16 | Decoprint 9240 Zele | €8.33m | €8.57m | €2.08m | 35.8 | 2025 |
| 17 | Cartonnages Roland 9770 Kruisem | €7.82m | — | €2.25m | 7.1 | 2025 |
| 18 | Kartonnage Joye 9600 Ronse | €7.76m | — | €2.25m | 25.4 | 2025 |
| 19 | Bastin & Co 9230 Wetteren | €7.63m | €10.9m | €6.28m | 44.5 | 2025 |
| 20 | Conti Label Pauwels 9900 Eeklo | €4.82m | — | €1.86m | 23.3 | 2025 |
| 21 | Cnudde Packaging 9770 Kruisem | €4.69m | — | €2.54m | 9.4 | 2025 |
| 22 | New-Line Company 9500 Geraardsbergen | €4.66m | — | €4.58m | 4.1 | 2025 |
| 23 | Schepens Verpakkingen 9700 Oudenaarde | €3.74m | — | €1.09m | 10.3 | 2025 |
| 24 | Schoorheyde 9031 Ghent | €3.59m | — | €3.03m | — | 2025 |
| 25 | Europochette 9150 Beveren-Kruibeke-Zwijndrecht | €3.12m | — | 217,898 € | 5.7 | 2025 |
| 26 | SAC O2 9850 Deinze | €2.53m | — | €1.74m | 10.0 | 2025 |
| 27 | Allsorts 9032 Ghent | €2.29m | — | €1.14m | 5.4 | 2025 |
| 28 | Cartopack 9900 Eeklo | €1.48m | — | €1.12m | — | 2025 |
| 29 | Tracom 9988 Sint-Laureins | €1.46m | — | €1.43m | 0.6 | 2025 |
| 30 | Rovasac 9700 Oudenaarde | €1.23m | — | €1.18m | 4.8 | 2025 |
| 31 | Kartonnagebedrijf Mels 9140 Temse | €1.01m | — | 214,311 € | 14.0 | 2026 |
| 32 | B-enterprise (d) 9000 Ghent | 971,853 € | — | 110,346 € | — | 2025 |
| 33 | Paticon 9280 Lebbeke | 959,412 € | — | 361,667 € | — | 2025 |
| 34 | Quadralux 9920 Lievegem | 886,387 € | — | 564,788 € | 10.8 | 2025 |
| 35 | B.V. Gebroeders Klinck 9160 Lokeren | 843,888 € | — | 696,876 € | 1.8 | 2025 |
| 36 | Rembrandt Invest 9041 Ghent | 815,529 € | — | 673,946 € | — | 2025 |
| 37 | PNA Solutions 9860 Oosterzele | 441,295 € | — | 125,408 € | 2.0 | 2025 |
| 38 | Pirec 9850 Deinze | 412,568 € | — | 249,502 € | 0.5 | 2025 |
| 39 | I-Simplify 9880 Aalter | 374,943 € | — | 235,820 € | 1.1 | 2025 |
| 40 | Impls 9800 Deinze | 367,982 € | — | −19,137 € | 2.0 | 2025 |
| 41 | Mandrinex 9770 Kruisem | 262,733 € | — | 256,294 € | — | 2025 |
| 42 | Compolam 9820 Merelbeke-Melle | 260,588 € | — | 227,704 € | — | 2025 |
| 43 | Signcenter 9860 Oosterzele | 228,227 € | — | 93,982 € | — | 2025 |
| 44 | Zakkencentrale Belgium 9990 Maldegem | 227,757 € | — | 68,444 € | 9.3 | 2025 |
| 45 | T & I Label 9230 Wetteren | 164,786 € | — | 100,096 € | 0.5 | 2025 |
| 46 | Scandstick Belgium 9320 Aalst | 147,571 € | — | 10,442 € | 0.8 | 2025 |
| 47 | Fotokartonnage De Crem 9320 Aalst | 103,710 € | — | −210,796 € | 1.6 | 2025 |
| 48 | Agri Packaging 9620 Zottegem | 81,036 € | — | 27,585 € | 1.0 | 2025 |
| 49 | Idee Fiks Connect 9000 Ghent | 71,080 € | — | 5,217 € | 1.0 | 2024 |
| 50 | FinUp 9630 Zwalm | 64,336 € | — | −67,883 € | — | 2025 |
Ranking based on each company's own annual accounts (statutory, not consolidated): a subsidiary and its parent appear separately, and the ranking differs from lists based on consolidated group accounts.
“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.
Manufacture of paper and paper products across Belgium → All sectors · East Flanders →
Other sectors · East Flanders
- 01 Crop and animal production, hunting and related service activities1,004
- 02 Forestry and logging43
- 08 Other mining and quarrying13
- 10 Manufacture of food products795
- 11 Manufacture of beverages98
- 13 Manufacture of textiles175
- 14 Manufacture of wearing apparel79
- 15 Manufacture of leather and related products of other materials16
- 16 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials238
- 18 Printing and reproduction of recorded media325
- 20 Manufacture of chemicals and chemical products146
- 21 Manufacture of basic pharmaceutical products and pharmaceutical preparations81
- 22 Manufacture of rubber and plastic products123
- 23 Manufacture of other non-metallic mineral products232
- 24 Manufacture of basic metals57
- 25 Manufacture of fabricated metal products, except machinery and equipment882
- 26 Manufacture of computer, electronic and optical products95
- 27 Manufacture of electrical equipment107
- 28 Manufacture of machinery and equipment n.e.c.255
- 29 Manufacture of motor vehicles, trailers and semi-trailers64
- 30 Manufacture of other transport equipment25
- 31 Manufacture of furniture228
- 32 Other manufacturing164
- 33 Repair, maintenance and installation of machinery and equipment520
- 35 Electricity, gas, steam and air conditioning supply131
- 36 Water collection, treatment and supply12
- 37 Sewerage32
- 38 Waste collection, recovery and disposal activities138
- 39 Remediation activities and other waste management service activities32
- 41 Construction of residential and non-residential buildings2,554
- 42 Civil engineering796
- 43 Specialised construction activities7,924
- 46 Wholesale trade4,896
- 47 Retail trade5,351
- 49 Land transport and transport via pipelines1,584
- 50 Water transport53
- 51 Air transport39
- 52 Warehousing, storage and support activities for transportation423
- 53 Postal and courier activities109
- 55 Accommodation382
- 56 Food and beverage service activities3,202
- 58 Publishing activities178
- 59 Motion picture, video and television programme production, sound recording and music publishing activities325
- 60 Programming, broadcasting, news agency and other content distribution activities35
- 61 Telecommunication49
- 62 Computer programming, consultancy and related activities4,086
- 63 Computing infrastructure, data processing, hosting and other information service activities515
- 64 Financial service activities, except insurance and pension funding4,362
- 65 Insurance, reinsurance and pension funding, except compulsory social security32
- 66 Activities auxiliary to financial services and insurance activities1,172
- 68 Real estate activities6,689
- 69 Legal and accounting activities2,828
- 70 Activities of head offices and management consultancy8,003
- 71 Architectural and engineering activities; technical testing and analysis2,350
- 72 Scientific research and development169
- 73 Activities of advertising, market research and public relations1,387
- 74 Other professional, scientific and technical activities737
- 75 Veterinary activities251
- 77 Rental and leasing activities493
- 78 Employment activities226
- 79 Travel agency, tour operator and other reservation service and related activities140
- 80 Investigation and security activities61
- 81 Services to buildings and landscape activities1,085
- 82 Office administrative, office support and other business support activities2,178
- 84 Public administration and defence; compulsory social security32
- 85 Education534
- 86 Human health activities5,697
- 87 Residential care activities133
- 88 Social work activities without accommodation184
- 90 Arts creation and performing arts activities461
- 91 Libraries, archives, museums and other cultural activities18
- 92 Gambling and betting activities33
- 93 Sports activities and amusement and recreation activities551
- 94 Activities of membership organisations107
- 95 Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles637
- 96 Personal service activities847
Municipalities with the most companies in the sector · East Flanders
- 9000 Ghent4
- 9200 Dendermonde (Appels, Baasrode, Grembergen, …)3
- 9230 Wetteren (Massemen, Westrem)3
- 9770 Kruisem (Kruishoutem)3
- 9032 Ghent (Wondelgem)2
- 9130 Beveren-Kruibeke-Zwijndrecht (Doel, Kallo, Kieldrecht, …)2
- 9240 Zele2
- 9320 Aalst (Erembodegem, Nieuwerkerken)2
- 9700 Oudenaarde (Bevere, Edelare, Eine, …)2
- 9850 Deinze (Hansbeke, Landegem, Merendree, …)2
- 9860 Oosterzele (Balegem, Gijzenzele, Landskouter, …)2
- 9900 Eeklo2
Frequently asked questions
Which is the largest company in Manufacture of paper and paper products in East Flanders?
By total assets, it is Ontex (€1.14bn, financial year 2025).
How many companies in Manufacture of paper and paper products in East Flanders are ranked?
52 out of 52 active companies in the sector with their registered office in the area: those whose latest accounts are less than 3 years old.
Why does this ranking differ from other lists?
It uses each company's annual accounts as filed with the National Bank, not consolidated group accounts. A holding, a subsidiary or a purchasing entity can therefore appear separately. Only companies whose latest accounts are less than 3 years old are ranked.
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Active companies (legal entities) that have filed at least one set of annual accounts, based on the Crossroads Bank for Enterprises and the National Bank of Belgium. The sector is the main activity in the register; the municipality is that of the registered office. Data updated on 14 Nov 2026.