Sector · NACE 31

Manufacture of furniture

1,370 Belgian companies whose main activity falls under NACE code 31 have filed annual accounts. Their median solvency is 38.6% for financial year 2024.

Companies1,370
Median solvency38.6%
Median equity117,433 €
Median headcount (FTE)3.7
Founded in the last 3 years61

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 16.2%38.6%64.0% 1,262
Current ratio 0.901.482.55 1,254
ROE -0.9%8.6%24.0% 1,085
Equity 23,671 €117,433 €422,133 € 1,271
Total assets 119,886 €363,416 €€1.10m 1,269
Net result −5,210 €8,746 €42,121 € 1,268
Headcount (avg FTE) 1.53.79.8 713

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 furniture

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

#Company Total assetsRevenue EquityFTEYear
1 Dovy Keukens 8800 Roeselare €85.8m €119.2m €64.1m 233.1 2025
2 Ehkam 2390 Malle €64.1m 828,496 € €56.0m 1.0 2025
3 Aquinos Bedding Belgium 2235 Hulshout €50.3m €57.1m €18.9m 206.5 2023
4 Avasco Industries 8600 Diksmuide €50.1m €34.3m €11.7m 40.5 2025
5 ERVO Projects 2300 Turnhout €49.2m €23.2m €22.5m 98.6 2025
6 A.C.N. 8870 Izegem €46.7m €63.9m €9.06m 77.7 2025
7 Mobitec Systems 4700 Eupen €45.9m €42.3m €41.9m 47.9 2025
8 Detrimmo 8791 Waregem €37.0m 992,725 € €31.4m 4.2 2025
9 Vervan 8880 Ledegem €33.4m — €32.6m 24.5 2025
10 PAMI 3900 Pelt €31.7m €36.4m €10.5m 97.4 2025
11 Hilding Anders Belgium 9750 Kruisem €31.3m €29.6m €1.06m 111.3 2024
12 Royal Botania 2560 Nijlen €28.5m €20.0m €15.1m 35.5 2025
13 Gondella 9810 Nazareth-De Pinte €27.7m €18.8m €23.1m 42.4 2025
14 Sedac - Mecobel 8560 Wevelgem €24.8m €36.7m €17.8m 201.7 2025
15 Neyt 9080 Lochristi €23.1m — €22.9m 21.0 2025
16 Haelvoet 8770 Ingelmunster €20.0m €25.1m €9.41m 61.2 2026
17 Vincent Sheppard 8587 Spiere-Helkijn €19.8m €18.5m €12.2m 36.3 2025
18 Obumex 8840 Staden €19.8m €27.1m €4.49m 78.1 2025
19 Goossens Binnenhuiskunst 8020 Oostkamp €19.8m €13.8m €8.19m 39.8 2025
20 Kaster Keukens 8800 Roeselare €19.5m €14.8m 762,555 € 44.0 2025

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

Where are they based?

  • Antwerp246
  • East Flanders232
  • West Flanders225
  • Limburg165
  • Flemish Brabant121
  • Brussels-Capital92
  • Liège88
  • Walloon Brabant80
  • Hainaut70
  • Namur39
  • Luxembourg12

Municipalities with the most

Manufacture of furniture: 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 LargestRevenueEmployers
Wallonia LargestRevenueEmployers
Brussels Largest—Employers
Antwerp province LargestRevenueEmployers
Flemish Brabant Largest—Employers
Limburg LargestRevenueEmployers
East Flanders LargestRevenueEmployers
West Flanders LargestRevenueEmployers
Walloon Brabant Largest—Employers
Hainaut Largest—Employers
Liège province Largest—Employers
Luxembourg province Largest——
Namur province Largest—Employers

Sub-sectors

Frequently asked questions

How many Manufacture of furniture companies are there in Belgium?

1,370 Belgian companies whose main activity falls under NACE code 31 (Manufacture of furniture) have filed annual accounts with the National Bank.

What is the median solvency in Manufacture of furniture?

For financial year 2024, median solvency (equity over total assets) is 38.6%. The middle half of companies lies between 16.2% and 64.0% (1,262 companies).

What is the largest company in Manufacture of furniture?

By total assets, it is Dovy Keukens (€85.8m, financial year 2025).

Where are Manufacture of furniture companies based?

The municipalities with the most: Uccle (16), Ghent (16), Wavre (13).

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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 14 Nov 2026.