Manufacture of paper and paper products: the largest employers in Wallonia
As of 14 Nov 2026, 44 companies in Manufacture of paper and paper products (NACE 17) in Wallonia report employees in recent accounts (financial years 2023 to 2026). The 10 largest employers account for 1,942.7 FTE, out of 2,289.2 for all of them; median headcount is 10.9 FTE. Burgo Ardennes leads with 591.5 FTE (financial year 2025).
Top 44 · Manufacture of paper and paper products · Wallonia
Ranked by average headcount (FTE) reported in the latest filed accounts (accounts less than 3 years old).
| # | Company | Total assets | Revenue | Equity | FTE | Year |
|---|---|---|---|---|---|---|
| 1 | Burgo Ardennes 6762 Virton | €219.8m | €379.1m | €87.1m | 591.5 | 2025 |
| 2 | Essity PLD Belgium 4801 Verviers | €96.5m | €170.9m | €53.1m | 351.0 | 2025 |
| 3 | Smurfit Westrock Cartomills 7011 Mons | €141.8m | €98.3m | €96.6m | 306.3 | 2025 |
| 4 | Atelier 85 5620 Florennes | €16.8m | €7.86m | €13.3m | 174.3 | 2025 |
| 5 | Europal 7700 Mouscron | €77.8m | €62.2m | €13.0m | 137.7 | 2025 |
| 6 | Ahlstrom Malmedy S.A. 4960 Malmedy | €23.9m | €41.5m | €6.52m | 111.5 | 2025 |
| 7 | Cartonnage Lammerant 7900 Leuze-en-Hainaut | €70.1m | €69.1m | €23.9m | 106.3 | 2025 |
| 8 | Semoulin Packaging 7350 Hensies | €17.7m | €22.7m | €14.0m | 84.0 | 2025 |
| 9 | Groupe Trehout PLV 7730 Estaimpuis | €4.66m | — | €2.05m | 46.7 | 2025 |
| 10 | Pacarbel 4800 Verviers | €2.90m | — | €1.67m | 33.4 | 2025 |
| 11 | Eurodividers 7321 Bernissart | €7.84m | — | €5.95m | 30.1 | 2025 |
| 12 | Happy Paper 7850 Enghien | €2.45m | — | −248,260 € | 28.8 | 2023 |
| 13 | POP Factory 1400 Nivelles | €20.3m | €15.7m | €5.57m | 25.9 | 2025 |
| 14 | Cartonneries de Wallonie 6180 Courcelles | €3.87m | — | €3.11m | 25.6 | 2025 |
| 15 | Label-Pak-Int'l Co 1300 Wavre | €3.13m | — | −304,992 € | 23.9 | 2023 |
| 16 | packaging4professionals 6061 Charleroi | €6.19m | — | €1.81m | 22.4 | 2025 |
| 17 | Cartonnages Delsaux 7700 Mouscron | €6.19m | — | €3.70m | 19.9 | 2025 |
| 18 | Wefold Mettet 5640 Mettet | €4.89m | — | €3.15m | 18.8 | 2025 |
| 19 | Impritex 1300 Wavre | €3.63m | — | €2.36m | 15.3 | 2025 |
| 20 | Les Infernaux 6001 Charleroi | €2.52m | — | 291,224 € | 14.5 | 2025 |
| 21 | Papier Hova 7700 Mouscron | €3.01m | — | €1.83m | 12.0 | 2025 |
| 22 | Alizé 4432 Ans | €2.09m | — | €1.54m | 11.9 | 2025 |
| 23 | Galand Emballages 4920 Aywaille | €2.71m | 0 € | €1.60m | 9.9 | 2025 |
| 24 | CPB 4770 Amel | €2.49m | — | €1.69m | 8.1 | 2025 |
| 25 | Premium Cellulose Insulation Manufacturer 5590 Ciney | €1.28m | €3.76m | 317,149 € | 8.0 | 2025 |
| 26 | Label'OR 4850 Plombières | €2.30m | — | €1.49m | 7.7 | 2025 |
| 27 | Rotacol 5300 Andenne | €1.27m | — | 876,963 € | 7.1 | 2025 |
| 28 | Bemapack 4890 Thimister-Clermont | €2.70m | — | 328,992 € | 6.8 | 2025 |
| 29 | Nutripack Wavre 1300 Wavre | €16.3m | — | €4.34m | 6.6 | 2025 |
| 30 | Papeteries Pierre MERTENS 1325 Chaumont-Gistoux | €1.06m | — | 532,986 € | 5.5 | 2025 |
| 31 | SABEL - Emballage 4801 Verviers | €1.40m | — | €1.08m | 5.0 | 2025 |
| 32 | Brangs en Heinrich 4821 Dison | €1.66m | — | €1.23m | 5.0 | 2025 |
| 33 | Transfosac 7060 Soignies | 505,705 € | — | 213,553 € | 4.0 | 2025 |
| 34 | Mavane 1410 Waterloo | €9.37m | €13.6m | €1.68m | 3.8 | 2025 |
| 35 | Continental Cellulose 1410 Waterloo | 512,948 € | — | 353,482 € | 3.0 | 2025 |
| 36 | Atelier Formes et Reliefs 4252 Geer | 226,448 € | — | 161,425 € | 3.0 | 2025 |
| 37 | Do and Undo 6540 Lobbes | 45,472 € | — | −2,756 € | 2.6 | 2026 |
| 38 | Renaissance Design 6042 Charleroi | 126,970 € | — | 38,301 € | 2.3 | 2023 |
| 39 | Emballages Gruselle 6220 Fleurus | 420,638 € | — | 156,081 € | 2.0 | 2025 |
| 40 | Envelnor Export 7170 Manage | 447,306 € | €1.24m | 154,510 € | 2.0 | 2025 |
| 41 | Propac 4000 Liège | €2.41m | — | 562,223 € | 1.6 | 2025 |
| 42 | Durovan 6280 Gerpinnes | 80,750 € | 286,723 € | 43,649 € | 1.5 | 2025 |
| 43 | AYP 4400 Flémalle | 72,153 € | 0 € | 31,143 € | 1.0 | 2025 |
| 44 | Bausac 7331 Saint-Ghislain | 432,972 € | — | 301,318 € | 0.9 | 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. Headcount reported by the company for all its sites: the jobs may be located elsewhere.
“—”: 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 · Wallonia →
Other sectors · Wallonia
- 01 Crop and animal production, hunting and related service activities780
- 02 Forestry and logging194
- 08 Other mining and quarrying77
- 10 Manufacture of food products965
- 11 Manufacture of beverages98
- 13 Manufacture of textiles80
- 14 Manufacture of wearing apparel32
- 16 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials221
- 18 Printing and reproduction of recorded media183
- 20 Manufacture of chemicals and chemical products154
- 21 Manufacture of basic pharmaceutical products and pharmaceutical preparations70
- 22 Manufacture of rubber and plastic products140
- 23 Manufacture of other non-metallic mineral products267
- 24 Manufacture of basic metals97
- 25 Manufacture of fabricated metal products, except machinery and equipment863
- 26 Manufacture of computer, electronic and optical products110
- 27 Manufacture of electrical equipment94
- 28 Manufacture of machinery and equipment n.e.c.245
- 29 Manufacture of motor vehicles, trailers and semi-trailers62
- 30 Manufacture of other transport equipment32
- 31 Manufacture of furniture147
- 32 Other manufacturing184
- 33 Repair, maintenance and installation of machinery and equipment290
- 35 Electricity, gas, steam and air conditioning supply55
- 37 Sewerage34
- 38 Waste collection, recovery and disposal activities185
- 39 Remediation activities and other waste management service activities12
- 41 Construction of residential and non-residential buildings1,635
- 42 Civil engineering231
- 43 Specialised construction activities4,772
- 46 Wholesale trade3,106
- 47 Retail trade6,426
- 49 Land transport and transport via pipelines954
- 50 Water transport13
- 52 Warehousing, storage and support activities for transportation248
- 53 Postal and courier activities44
- 55 Accommodation497
- 56 Food and beverage service activities3,655
- 58 Publishing activities116
- 59 Motion picture, video and television programme production, sound recording and music publishing activities117
- 60 Programming, broadcasting, news agency and other content distribution activities19
- 61 Telecommunication45
- 62 Computer programming, consultancy and related activities855
- 63 Computing infrastructure, data processing, hosting and other information service activities56
- 64 Financial service activities, except insurance and pension funding460
- 65 Insurance, reinsurance and pension funding, except compulsory social security30
- 66 Activities auxiliary to financial services and insurance activities976
- 68 Real estate activities1,204
- 69 Legal and accounting activities1,756
- 70 Activities of head offices and management consultancy1,072
- 71 Architectural and engineering activities; technical testing and analysis708
- 72 Scientific research and development141
- 73 Activities of advertising, market research and public relations285
- 74 Other professional, scientific and technical activities118
- 75 Veterinary activities173
- 77 Rental and leasing activities148
- 78 Employment activities145
- 79 Travel agency, tour operator and other reservation service and related activities124
- 80 Investigation and security activities39
- 81 Services to buildings and landscape activities738
- 82 Office administrative, office support and other business support activities285
- 84 Public administration and defence; compulsory social security25
- 85 Education560
- 86 Human health activities1,816
- 87 Residential care activities621
- 88 Social work activities without accommodation415
- 90 Arts creation and performing arts activities144
- 91 Libraries, archives, museums and other cultural activities63
- 92 Gambling and betting activities27
- 93 Sports activities and amusement and recreation activities459
- 94 Activities of membership organisations223
- 95 Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles524
- 96 Personal service activities823
Municipalities with the most companies in the sector · Wallonia
- 1410 Waterloo5
- 1300 Wavre (Limal)3
- 7700 Mouscron (Luingne)3
- 1400 Nivelles (Monstreux)2
- 4000 Liège (Glain, Rocourt)2
- 4801 Verviers (Stembert)2
- 7060 Soignies (Horrues)2
- 1325 Chaumont-Gistoux (Bonlez, Corroy-Le-Grand, Dion-Valmont, …)1
- 1350 Orp-Jauche (Enines, Folx-Les-Caves, Jandrain-Jandrenouille, …)1
- 1460 Ittre (Virginal-Samme)1
- 1495 Villers-la-Ville (Marbais, Mellery, Sart-Dames-Avelines, …)1
- 4252 Geer (Omal)1
Frequently asked questions
Which is the largest employer in Manufacture of paper and paper products in Wallonia?
Among companies, Burgo Ardennes, with 591.5 full-time equivalents reported (financial year 2025).
Are all the jobs located in the area?
Not necessarily: headcount is reported by the company for all its sites, and the company is ranked by the address of its registered office. 44 out of 60 companies in the sector report employees there.
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.
Analyse companies · Wallonia
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Open the full file →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.