Checked Barometer April 2025
Edition of 26 September 2026 · KBO · Belgian Official Gazette
In April 2025, the Belgian Official Gazette published 932 bankruptcies, 9.1% more than in April 2024. In April 2025, 14,435 companies were incorporated, 14% more than in April 2024.
This edition was compiled on 26 September 2026, after its regular publication date (6 May 2025). The figures are that day's count and no longer change.
Bankruptcies
932
+9.1% year on year+2.3% month on month
10,266 over twelve months
Judicial reorganisations
63
+6.8% year on year+37% month on month
504 over twelve months
Judicial dissolutions
321
-14% year on year-4.5% month on month
3,903 over twelve months
In brief
Sentences taken straight from this edition's figures. Credit Checked.be as the source.
Incorporations
- In April 2025, 14,435 companies were incorporated, 14% more than in April 2024.
- Compared with March 2025 (8,274), that is 74% more.
- Over the twelve months from May 2024 to April 2025 there were 124,437, 9.4% more than the twelve months before.
Bankruptcies
- In April 2025, the Belgian Official Gazette published 932 bankruptcies, 9.1% more than in April 2024.
- Compared with March 2025 (911), that is 2.3% more.
- Over the twelve months from May 2024 to April 2025 there were 10,266, 6.3% more than the twelve months before.
- By area: 428 in Flanders, 198 in Wallonia and 306 in Brussels and Halle-Vilvoorde.
Judicial reorganisations
- In April 2025, the Belgian Official Gazette published 63 judicial reorganisations, 6.8% more than in April 2024.
- Compared with March 2025 (46), that is 37% more.
- Over the twelve months from May 2024 to April 2025 there were 504, 2.2% more than the twelve months before.
Judicial dissolutions
- In April 2025, the Belgian Official Gazette published 321 judicial dissolutions, 14% fewer than in April 2024.
- Compared with March 2025 (336), that is 4.5% fewer.
- Over the twelve months from May 2024 to April 2025 there were 3,903, 19% fewer than the twelve months before.
By region
April 2025, with the change on the same month a year earlier.
| Area | Incorporations | Bankruptcies | Judicial reorganisations | Judicial dissolutions |
|---|---|---|---|---|
| Flanders | 7,029+16% | 428-4.9% | 24+50% | 95+61% |
| Wallonia | 3,773+12% | 198-22% | 30-17% | 58+3.6% |
| Brussels and Halle-Vilvoorde | 2,642+6.3% | 306+105% | 9+29% | 168-34% |
| No known area | 991+24% | 0-100% | 0 | 0-100% |
| Belgium | 14,435+14% | 932+9.1% | 63+6.8% | 321-14% |
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
April 2025 against April 2024. Main activity according to the KBO (NACE 2025).
The sector is known for only 54% of the cases; too few to show a breakdown by sector.
Incorporations by sector
April 2025 against April 2024. Main activity according to the KBO (NACE 2025).
April 2025
April 2024
- Professional and technical services ≥ 1,973 +18%
- Construction ≥ 1,603 +10%
- Wholesale and retail trade ≥ 1,257 +8.6%
- Other services ≥ 1,160 +13%
- Administrative and support services ≥ 1,135 +19%
- Accommodation and food service ≥ 676 +25%
- Health and social work ≥ 577 +18%
- Telecoms and IT ≥ 526 -1.7%
- Arts, sports and recreation ≥ 520 +3.6%
- Manufacturing ≥ 473 +2.2%
Show all 22 sectors
- Agriculture, forestry and fishing ≥ 442 +78%
- Education ≥ 402 +8.9%
- Transport and storage ≥ 387 +38%
- Real estate ≥ 258 -0.8%
- Finance and insurance ≥ 136 -22%
- Publishing and media ≥ 122 +24%
- Households ≥ 45 +29%
- Energy ≥ 27 +42%
- Water and waste ≥ 17 +6.3%
- Public administration ≥ 4 +300%
- Mining and quarrying ≥ 1 -50%
- Extraterritorial organisations ≥ 0 -100%
The sector is known for 81% of the cases of April 2025 (2,694 without a sector). This edition kept no count of active companies, so no figure per 10,000.
Notable sectors
The largest shifts against April 2024, from 10 cases and a difference of 5 cases.
- Professional and technical services: at least 1,973 incorporations, 18% more than in April 2024 (1,666).
- Agriculture, forestry and fishing: at least 442 incorporations, 78% more than in April 2024 (249).
- Administrative and support services: at least 1,135 incorporations, 19% more than in April 2024 (955).
- Finance and insurance: at least 136 incorporations, 22% fewer than in April 2024 (175).
For bankruptcies, the sectors of this month and of April 2024 are not equally well known (54% and 40%); 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 April 2025 (edition of 26 September 2026), https://checked.be/en/barometer/2025-04
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.