Manufacture of paper and paper products: highest published revenue
78 Belgian companies in the sector (NACE 17) publish their revenue in recent accounts; here are the top 20. Ontex leads with €1.51bn (financial year 2025).
Top 20
Ranked by revenue published in the latest filed accounts (accounts less than 3 years old).
| # | Company | Total assets | Revenue | Equity | FTE | Year |
|---|---|---|---|---|---|---|
| 1 | Ontex 9255 Buggenhout | €1.14bn | €1.51bn | €360.1m | 578.9 | 2025 |
| 2 | Etablissements L. Lacroix Fils 2610 Antwerp | €2.71bn | €439.6m | €2.48bn | 190.2 | 2025 |
| 3 | Burgo Ardennes 6762 Virton | €219.8m | €379.1m | €87.1m | 591.5 | 2025 |
| 4 | VPK Packaging 9200 Dendermonde | €114.9m | €348.3m | €43.8m | 570.8 | 2025 |
| 5 | Stora Enso Langerbrugge 9000 Ghent | €211.6m | €270.0m | €109.2m | 348.1 | 2025 |
| 6 | VPK Paper 9200 Dendermonde | €162.1m | €222.8m | €99.1m | 292.2 | 2025 |
| 7 | Essity PLD Belgium 4801 Verviers | €96.5m | €170.9m | €53.1m | 351.0 | 2025 |
| 8 | Essity Belgium 1831 Machelen (Brab.) | €108.3m | €151.4m | €20.6m | 87.0 | 2025 |
| 9 | Avery Dennison Belgie 2300 Turnhout | €140.4m | €150.7m | €42.4m | 382.6 | 2025 |
| 10 | Sofidel Benelux 2570 Duffel | €54.1m | €132.2m | €22.3m | 157.7 | 2025 |
| 11 | Smurfit Westrock Turnhout 2300 Turnhout | €82.0m | €119.7m | €53.3m | 330.7 | 2025 |
| 12 | Golfkarton Soenen 8830 Hooglede | €181.5m | €105.9m | €50.9m | — | 2025 |
| 13 | W.H. Brady 9240 Zele | €108.9m | €103.0m | €43.8m | 270.6 | 2025 |
| 14 | Smurfit Westrock Cartomills 7011 Mons | €141.8m | €98.3m | €96.6m | 306.3 | 2025 |
| 15 | Sonoco Consumer Products Mechelen 2800 Mechelen | €53.8m | €84.4m | €33.0m | 173.3 | 2025 |
| 16 | Van Genechten Biermans 2300 Turnhout | €47.9m | €83.0m | €33.2m | 328.4 | 2025 |
| 17 | Mondi Poperinge 8970 Poperinge | €47.2m | €83.0m | €15.8m | 141.9 | 2025 |
| 18 | DS Smith Packaging Belgium 9000 Ghent | €82.8m | €76.5m | €40.5m | 369.8 | 2025 |
| 19 | Cartonnage Lammerant 7900 Leuze-en-Hainaut | €70.1m | €69.1m | €23.9m | 106.3 | 2025 |
| 20 | Reynders Etiketten 2530 Boechout | €30.7m | €63.4m | €22.5m | 193.5 | 2025 |
These are the revenue figures published in the annual accounts. Small companies (micro and abridged accounts) do not have to publish theirs: they do not appear in this ranking.
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Frequently asked questions
Which company in Manufacture of paper and paper products has the highest revenue?
Ontex, with €1.51bn in revenue (financial year 2025).
How many Manufacture of paper and paper products companies publish their revenue?
78 out of 287, in accounts less than 3 years old. Small companies (micro and abridged accounts) are not required to publish it.
Analyse companies in Manufacture of paper and paper products
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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.