Manufacture of paints, varnishes and similar coatings, printing ink and mastics
101 Belgian companies whose main activity falls under NACE code 2030 have filed annual accounts. Their median solvency is 52.1% for financial year 2024.
Sector medians
Computed by IdonisDistribution 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.
| Indicator | 1st quartile | Median | 3rd quartile | Companies |
|---|---|---|---|---|
| Solvency | 24.1% | 52.1% | 72.6% | 101 |
| Current ratio | 1.01 | 1.86 | 3.05 | 97 |
| ROE | 1.3% | 11.4% | 18.8% | 91 |
| Equity | 82,439 € | 824,917 € | €4.67m | 101 |
| Total assets | 484,472 € | €1.83m | €8.03m | 101 |
| Net result | −141 € | 54,519 € | 333,966 € | 100 |
| Headcount (avg FTE) | 2.4 | 8.4 | 29.1 | 75 |
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 paints, varnishes and similar coatings, printing ink and mastics
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 | Axalta Coating Systems Belgium 2800 Mechelen | €290.9m | €33.9m | €285.0m | 56.8 | 2025 |
| 2 | Sun Chemical 1300 Wavre | €169.9m | €243.3m | €73.8m | 66.6 | 2025 |
| 3 | Akzo Nobel Paints Belgium 1800 Vilvoorde | €145.2m | €145.1m | €46.9m | 300.3 | 2025 |
| 4 | Lawter Europe 9130 Beveren-Kruibeke-Zwijndrecht | €93.7m | €91.9m | €72.8m | 125.8 | 2025 |
| 5 | DL Chemicals Detaellenaere-Loosvelt 8793 Waregem | €55.6m | €68.8m | €22.7m | 144.2 | 2025 |
| 6 | Eftec 3600 Genk | €47.5m | €114.5m | €1.44m | 87.7 | 2025 |
| 7 | Martin Mathys 3545 Halen | €45.5m | €56.8m | €12.9m | 172.7 | 2026 |
| 8 | Fenzi Belgium 1800 Vilvoorde | €42.5m | €88.4m | €32.3m | 100.7 | 2025 |
| 9 | Boss Paints 8791 Waregem | €42.3m | €64.5m | €15.2m | 220.2 | 2025 |
| 10 | Toyo INK Europe 2845 Niel | €32.9m | €38.2m | €6.21m | 125.2 | 2025 |
| 11 | Muylle-Facon 8870 Izegem | €30.6m | €26.9m | €11.1m | 66.8 | 2025 |
| 12 | European Master Batch 2880 Bornem | €30.5m | €59.3m | €8.76m | 110.3 | 2025 |
| 13 | Chemours Belgium 9130 Beveren | €30.1m | €31.9m | €19.9m | 130.1 | 2025 |
| 14 | Aalterpaint Holding 9880 Aalter | €23.9m | — | €8.98m | — | 2025 |
| 15 | Sarex Belgium 4731 Raeren | €22.8m | €22.0m | €20.0m | 26.3 | 2025 |
| 16 | Flint Group Belgium 2500 Lier | €21.2m | — | €20.9m | 0.5 | 2025 |
| 17 | Forever Products 6180 Courcelles | €13.5m | €24.2m | €8.42m | 44.3 | 2025 |
| 18 | Aalterpaint 9880 Aalter | €11.8m | €24.7m | €6.41m | 47.6 | 2025 |
| 19 | Mctechnics 4600 Visé | €11.6m | €24.0m | €9.47m | 12.9 | 2025 |
| 20 | Debal Coatings 8800 Roeselare | €10.7m | €13.9m | €4.81m | 37.9 | 2025 |
“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.
See all 101 companies, full list →
Where are they based?
Municipalities with the most
- 8400 Ostend (Stene, Zandvoorde)3
- 1050 Ixelles2
- 1731 Asse (Relegem, Zellik)2
- 1800 Vilvoorde (Peutie)2
- 2500 Lier (Koningshooikt)2
- 2610 Antwerp (Wilrijk)2
- 3500 Hasselt (Sint-Lambrechts-Herk)2
- 3560 Lummen (Linkhout, Meldert)2
- 3980 Tessenderlo-Ham (Tessenderlo)2
- 8800 Roeselare (Beveren, Oekene, Rumbeke)2
- 8870 Izegem (Emelgem, Kachtem)2
- 9000 Ghent2
Related sectors
← The whole Manufacture of chemicals and chemical products sector (NACE 20)
- 2059 Manufacture of other chemical products n.e.c.147
- 2042 Manufacture of perfume and toilet preparations135
- 2041 Manufacture of soap and detergents, cleaning and polishing preparations109
- 2016 Manufacture of plastics in primary forms103
- 2014 Manufacture of other organic basic chemicals83
- 2015 Manufacture of fertilisers and nitrogen compounds56
- 2013 Manufacture of other inorganic basic chemicals53
- 2011 Manufacture of industrial gases37
- 2020 Manufacture of pesticides, disinfectants and other agrochemical products24
- 2060 Manufacture of man-made fibres23
- 2012 Manufacture of dyes and pigments11
Frequently asked questions
How many Manufacture of paints, varnishes and similar coatings, printing ink and mastics companies are there in Belgium?
101 Belgian companies whose main activity falls under NACE code 2030 (Manufacture of paints, varnishes and similar coatings, printing ink and mastics) have filed annual accounts with the National Bank.
What is the median solvency in Manufacture of paints, varnishes and similar coatings, printing ink and mastics?
For financial year 2024, median solvency (equity over total assets) is 52.1%. The middle half of companies lies between 24.1% and 72.6% (101 companies).
What is the largest company in Manufacture of paints, varnishes and similar coatings, printing ink and mastics?
By total assets, it is Axalta Coating Systems Belgium (€290.9m, financial year 2025).
Where are Manufacture of paints, varnishes and similar coatings, printing ink and mastics companies based?
The municipalities with the most: Ostend (3), Ixelles (2), Asse (2).
Analyse companies in Manufacture of paints, varnishes and similar coatings, printing ink and mastics
Filter these companies by size, soundness and trend, follow them and get an alert when their accounts or publications change.
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.