Sector · NACE 15

Manufacture of leather and related products of other materials

92 Belgian companies whose main activity falls under NACE code 15 have filed annual accounts. Their median solvency is 47.3% for financial year 2024.

Companies92
Median solvency47.3%
Median equity70,273 €
Median headcount (FTE)6.5
Founded in the last 3 years10

Sector medians

Computed by Idonis

Distribution across the sector's companies for financial year 2024: a quarter of companies sit below the 1st quartile, half below the median, three quarters below the 3rd quartile.

Indicator1st quartileMedian3rd quartileCompanies
Solvency 5.5%47.3%68.3% 74
Current ratio 0.841.563.87 71
ROE -4.2%3.8%15.3% 54
Equity −1,063 €70,273 €473,289 € 75
Total assets 65,399 €348,261 €€1.14m 75
Net result −12,495 €1,745 €25,860 € 74
Headcount (avg FTE) 1.66.515.5 32

Medians computed by Idonis from annual accounts filed with the National Bank, all sizes combined. The same panel is the sector benchmark on every company page. Method

Largest companies: Manufacture of leather and related products of other materials

Ranked by total assets in the latest filed accounts. This is a size criterion, not an assessment.

#Company Total assetsRevenue EquityFTEYear
1 Samsonite Europe 9700 Oudenaarde €592.7m €529.1m €369.4m 685.4 2025
2 Delvaux Design Coordination et Finance 1040 Etterbeek €46.8m — €40.4m 63.7 2026
3 Tannerie Masure 7730 Estaimpuis €17.5m €16.4m €13.4m 84.0 2025
4 A. Fontaine et Fils 1050 Ixelles €15.0m — €15.0m — 2025
5 Hedgren Creations 2000 Antwerp €10.5m €4.95m €1.93m 13.9 2024
6 AFT International 2520 Ranst €6.82m — €3.95m 30.7 2025
7 B.S.M. 1370 Jodoigne €4.63m — €3.03m — 2025
8 Orthopedie Martens 3910 Pelt €4.47m — €4.36m 1.0 2025
9 Maroquinerie Delvaux Belgium 1040 Etterbeek €4.24m €2.30m −€4.08m 37.5 2026
10 Hulpiau 9200 Dendermonde €3.85m — €3.31m — 2025
11 Ambiorix 3700 Tongeren-Borgloon €3.80m — €1.65m 12.4 2026
12 Matton Pieter Orthopedie 9810 Nazareth-De Pinte €3.06m — 702,204 € 6.6 2025
13 Gevavi 3500 Hasselt €2.88m — 804,312 € 6.4 2025
14 Intraskins 7700 Mouscron €2.65m — €1.59m 15.0 2026
15 Colman Leder 9150 Beveren-Kruibeke-Zwijndrecht €1.84m — 322,480 € 17.7 2025
16 Dekeyser Invest 8820 Torhout €1.66m — €1.58m — 2025
17 Belgian Quality Shoes and Leatherware Group 3700 Tongeren-Borgloon €1.62m — 873,601 € 3.9 2026
18 Roscom 8890 Moorslede €1.56m — €1.55m — 2024
19 Nacarat 1150 Woluwe-Saint-Pierre €1.40m — 797,976 € 10.9 2025
20 Belgian Shoes 8870 Izegem €1.23m — 903,387 € 12.5 2025

“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.

Manufacture of leather and related products of other materials: rankings by region and province

The largest companies in the sector in each region and province, by municipality of the registered office. A ranking is published once 10 companies in the sector publish the figure there.

AreaTotal assetsRevenueHeadcount
Flanders Largest—Employers
Wallonia Largest——
Brussels Largest——
Antwerp province Largest——
East Flanders Largest——
West Flanders Largest——

Sub-sectors

Frequently asked questions

How many Manufacture of leather and related products of other materials companies are there in Belgium?

92 Belgian companies whose main activity falls under NACE code 15 (Manufacture of leather and related products of other materials) have filed annual accounts with the National Bank.

What is the median solvency in Manufacture of leather and related products of other materials?

For financial year 2024, median solvency (equity over total assets) is 47.3%. The middle half of companies lies between 5.5% and 68.3% (74 companies).

What is the largest company in Manufacture of leather and related products of other materials?

By total assets, it is Samsonite Europe (€592.7m, financial year 2025).

Where are Manufacture of leather and related products of other materials companies based?

The municipalities with the most: Ixelles (6), Antwerp (3), Etterbeek (2).

Idonis

Analyse companies in Manufacture of leather and related products of other materials

Filter these companies by size, soundness and trend, follow them and get an alert when their accounts or publications change.

Open the full file →
Free account in 30 seconds, by email. No bank card.

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.