Checked Barometer January 2025
Edition of 26 September 2026 · KBO · Belgian Official Gazette
In January 2025, the Belgian Official Gazette published 878 bankruptcies, 1.4% more than in January 2024. In January 2025, 16,414 companies were incorporated, 6.5% more than in January 2024.
This edition was compiled on 26 September 2026, after its regular publication date (6 February 2025). The figures are that day's count and no longer change.
Bankruptcies
878
+1.4% year on year-17% month on month
10,663 over twelve months
Judicial reorganisations
48
+41% year on year+4.3% month on month
511 over twelve months
Judicial dissolutions
514
+2.4% year on year+13% month on month
4,377 over twelve months
In brief
Sentences taken straight from this edition's figures. Credit Checked.be as the source.
Incorporations
- In January 2025, 16,414 companies were incorporated, 6.5% more than in January 2024.
- Compared with December 2024 (9,200), that is 78% more.
- Over the twelve months from February 2024 to January 2025 there were 122,001, 11% more than the twelve months before.
- That is the highest monthly figure since January 2019, the start of this series.
Bankruptcies
- In January 2025, the Belgian Official Gazette published 878 bankruptcies, 1.4% more than in January 2024.
- Compared with December 2024 (1,062), that is 17% fewer.
- Over the twelve months from February 2024 to January 2025 there were 10,663, 21% more than the twelve months before.
- By area: 447 in Flanders, 219 in Wallonia and 212 in Brussels and Halle-Vilvoorde.
Judicial reorganisations
- In January 2025, the Belgian Official Gazette published 48 judicial reorganisations, 41% more than in January 2024.
- Compared with December 2024 (46), that is 4.3% more.
- Over the twelve months from February 2024 to January 2025 there were 511, 6% more than the twelve months before.
Judicial dissolutions
- In January 2025, the Belgian Official Gazette published 514 judicial dissolutions, 2.4% more than in January 2024.
- Compared with December 2024 (453), that is 13% more.
- Over the twelve months from February 2024 to January 2025 there were 4,377, 8.5% fewer than the twelve months before.
By region
January 2025, with the change on the same month a year earlier.
| Area | Incorporations | Bankruptcies | Judicial reorganisations | Judicial dissolutions |
|---|---|---|---|---|
| Flanders | 8,383+6.7% | 447+5.9% | 14+180% | 206+178% |
| Wallonia | 4,123+12% | 219+11% | 17-23% | 51-29% |
| Brussels and Halle-Vilvoorde | 2,876-1.7% | 212-14% | 17+143% | 257-28% |
| No known area | 1,032+9.7% | 0 | 0 | 0 |
| Belgium | 16,414+6.5% | 878+1.4% | 48+41% | 514+2.4% |
The Brussels courts also serve Halle-Vilvoorde, so that arrondissement counts with Brussels. Incorporations follow the registered office (for a sole trader, the first establishment).
Bankruptcies by sector
January 2025 against January 2024. Main activity according to the KBO (NACE 2025).
The sector is known for only 51% of the cases; too few to show a breakdown by sector.
Incorporations by sector
January 2025 against January 2024. Main activity according to the KBO (NACE 2025).
January 2025
January 2024
- Professional and technical services ≥ 2,279 +2.1%
- Construction ≥ 1,761 -2.9%
- Wholesale and retail trade ≥ 1,399 +13%
- Administrative and support services ≥ 1,225 +19%
- Other services ≥ 1,197 +9.7%
- Health and social work ≥ 813 +8.1%
- Arts, sports and recreation ≥ 679 +6.6%
- Telecoms and IT ≥ 651 +4.8%
- Education ≥ 566 +25%
- Accommodation and food service ≥ 565 -2.8%
Show all 22 sectors
- Manufacturing ≥ 545 +3.8%
- Agriculture, forestry and fishing ≥ 509 +44%
- Transport and storage ≥ 384 +11%
- Real estate ≥ 346 +34%
- Finance and insurance ≥ 255 +4.1%
- Publishing and media ≥ 132 +4.8%
- Households ≥ 75 -5.1%
- Energy ≥ 24 +200%
- Water and waste ≥ 19 +12%
- Public administration ≥ 13 +225%
- Mining and quarrying ≥ 2 0%
- Extraterritorial organisations ≥ 2 -50%
The sector is known for 82% of the cases of January 2025 (2,973 without a sector). This edition kept no count of active companies, so no figure per 10,000.
Notable sectors
The largest shifts against January 2024, from 10 cases and a difference of 5 cases.
- Administrative and support services: at least 1,225 incorporations, 19% more than in January 2024 (1,026).
- Agriculture, forestry and fishing: at least 509 incorporations, 44% more than in January 2024 (354).
- Education: at least 566 incorporations, 25% more than in January 2024 (451).
For bankruptcies, the sectors of this month and of January 2024 are not equally well known (51% and 35%); a comparison per sector would measure our coverage, not the economy.
Cite these figures
This page no longer changes: the link keeps pointing at the same figures.
Checked.be, Checked Barometer January 2025 (edition of 26 September 2026), https://checked.be/en/barometer/2025-01
How these figures are counted
- An edition appears on day 6 of the next month, so the last days of the month are processed, and is then frozen: the figures on this page no longer change. If data for the month arrives later, it is listed above under Revisions.
- Incorporations: companies per month of their start date in the Crossroads Bank for Enterprises, sole traders included.
- Bankruptcies, judicial reorganisations (opening) and judicial dissolutions: by month of publication in the Belgian Official Gazette, not of the judgment.
- Sectors: the main activity (NACE 2025) the KBO gave the company. Where the sector of part of the cases is unknown, the figure carries "≥" and we compare per sector only when both months are equally well known.
- Per 10,000 active companies: the month's figure against the sector's active companies on the day the edition was frozen.