Sector · NACE 1520

Manufacture of footwear

34 Belgian companies whose main activity falls under NACE code 1520 have filed annual accounts. Their median solvency is 33.4% for financial year 2025.

Companies34
Median solvency33.4%
Median equity126,908 €
Median headcount (FTE)5.2
Founded in the last 3 years5

Sector medians

Computed by Idonis

Distribution across the sector's companies for financial year 2025: a quarter of companies sit below the 1st quartile, half below the median, three quarters below the 3rd quartile.

Indicator1st quartileMedian3rd quartileCompanies
Solvency -7.7%33.4%56.8% 29
Current ratio 0.811.172.55 30
ROE 2.0%5.8%12.7% 21
Equity −7,424 €126,908 €663,332 € 30
Total assets 196,165 €432,077 €€1.26m 29
Net result −9,580 €6,041 €37,489 € 30
Headcount (avg FTE) 1.05.26.6 17

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 footwear

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

#Company Total assetsRevenue EquityFTEYear
1 AFT International 2520 Ranst €6.82m — €3.95m 30.7 2025
2 Orthopedie Martens 3910 Pelt €4.47m — €4.36m 1.0 2025
3 Ambiorix 3700 Tongeren-Borgloon €3.80m — €1.65m 12.4 2026
4 Matton Pieter Orthopedie 9810 Nazareth-De Pinte €3.06m — 702,204 € 6.6 2025
5 Gevavi 3500 Hasselt €2.88m — 804,312 € 6.4 2025
6 Dekeyser Invest 8820 Torhout €1.66m — €1.58m — 2025
7 Belgian Quality Shoes and Leatherware Group 3700 Tongeren-Borgloon €1.62m — 873,601 € 3.9 2026
8 Belgian Shoes 8870 Izegem €1.23m — 903,387 € 12.5 2025
9 Bruls Orthopedie 4960 Malmedy €1.19m — 578,768 € 5.9 2026
10 Formic 1380 Lasne €1.05m — −80,686 € — 2025
11 Atelier Content 9600 Ronse €1.00m — 322,779 € 6.6 2025
12 Walk 2 Improve 9150 Beveren-Kruibeke-Zwijndrecht 554,208 € — 184,922 € — 2025
13 JPN Retail 1000 Brussels 529,031 € — −92,891 € 6.8 2025
14 Move 2 Improve 9140 Temse 461,532 € — 262,004 € — 2025
15 Katz Europe 3600 Genk 432,077 € — −43,005 € 0.9 2025
16 VANO 8700 Tielt 386,795 € — 141,984 € 1.8 2025
17 Ortho Shoe 8800 Roeselare 352,621 € — 298,111 € 0.5 2025
18 Teconor 2940 Stabroek 299,991 € — 220,013 € 1.1 2025
19 Gespodo Lab 7850 Enghien 259,316 € — 77,253 € 3.4 2025
20 Geubels Orthopedie 2275 Lille 240,083 € — 44,939 € 0.9 2025

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

See all 34 companies, full list →

Related sectors

← The whole Manufacture of leather and related products of other materials sector (NACE 15)

Frequently asked questions

How many Manufacture of footwear companies are there in Belgium?

34 Belgian companies whose main activity falls under NACE code 1520 (Manufacture of footwear) have filed annual accounts with the National Bank.

What is the median solvency in Manufacture of footwear?

For financial year 2025, median solvency (equity over total assets) is 33.4%. The middle half of companies lies between -7.7% and 56.8% (29 companies).

What is the largest company in Manufacture of footwear?

By total assets, it is AFT International (€6.82m, financial year 2025).

Where are Manufacture of footwear companies based?

The municipalities with the most: Tongeren-Borgloon (2), Brussels (1), Ixelles (1).

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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 12 Nov 2026.