Checked Barometer
The Checked Barometer counts the bankruptcies, incorporations, reorganisations and dissolutions every month, by region and by sector. Every edition can be cited and stays frozen from the day it appears.
1,149 bankruptcies in October 2026265,508 bankruptcies since June 199734 editions since January 2024 13-11-2026 updated
Edition of July 2025
compiled on 05-11-2026, after the regular publication date (06-08-2025) · 945 bankruptcies and 13,427 incorporationsFigures by region
| Area | Bankruptcies | Incorporations | Reorganisations | Dissolutions |
|---|---|---|---|---|
| Flanders | 5110% | 6,622+17% | 11-63% | 101+94% |
| Wallonia | 217-15% | 3,289+17% | 31-6.1% | 117-35% |
| Brussels | 217+1.4% | 2,313+11% | 23+156% | 89-76% |
| No known area | 0 | 1,203+33% | 0 | 1 |
| Belgium | 945-3.6% | 13,427+17% | 65-9.7% | 308-49% |
A bankruptcy counts in the region of its court. The Brussels courts also serve Halle-Vilvoorde, which therefore counts with Brussels. An incorporation counts in the region of the registered office, for a sole trader in that of the first establishment.
Notable sectors
For bankruptcies, the sector is known for 59% of this month's cases, against 40% in July 2024. A comparison per sector would therefore not be meaningful.
For incorporations, the sector is known for 75% of this month's cases, against 74% in July 2024. A comparison per sector would therefore not be meaningful.
Incorporations by sector
- Professional and technical services ≥ 1,8461,425
- Construction ≥ 1,3071,020
- Wholesale and retail trade ≥ 1,064917
- Other services ≥ 971772
- Administrative and support services ≥ 925813
- Health and social work ≥ 606472
- Accommodation and food service ≥ 560466
- Arts, sports and recreation ≥ 472376
Show 14 more
- Telecoms and IT ≥ 446404
- Manufacturing ≥ 415347
- Education ≥ 376303
- Transport and storage ≥ 334267
- Real estate ≥ 277246
- Agriculture, forestry and fishing ≥ 178183
- Finance and insurance ≥ 123219
- Publishing and media ≥ 10889
- Households ≥ 4847
- Energy ≥ 2417
- Water and waste ≥ 1316
- Public administration ≥ 318
- Mining and quarrying ≥ 10
- Extraterritorial organisations ≥ 10
In grey: July 2024. The sector is known for 75% of the cases of July 2025 (3,329 without a sector). No change per sector is therefore computed.
Insights from July 2025
In July 2025, the Belgian Official Gazette published 945 bankruptcies, 3.6% fewer than in July 2024.
In July 2025, 13,427 companies were incorporated, 17% more than in July 2024.
In July 2025, the Belgian Official Gazette published 65 judicial reorganisations, 9.7% fewer than in July 2024.
In July 2025, the Belgian Official Gazette published 308 judicial dissolutions, 49% fewer than in July 2024.
9 more sentences
That is 18% fewer than in June 2025 (1,151).
Over the twelve months from August 2024 to July 2025 there were 11,626, 4.2% more than the twelve months before.
In July 2025 there were 511 bankruptcies in Flanders, 217 in Wallonia and 217 in Brussels and Halle-Vilvoorde.
That is 70% more than in June 2025 (7,877).
Over the twelve months from August 2024 to July 2025 there were 127,920, 10% more than the twelve months before.
That is 67% more than in June 2025 (39).
Over the twelve months from August 2024 to July 2025 there were 529, 3.3% fewer than the twelve months before.
That is 24% fewer than in June 2025 (405).
Over the twelve months from August 2024 to July 2025 there were 5,129, 14% fewer than the twelve months before.
Citation
Checked.be, Checked Barometer July 2025 (edition of 5 November 2026), https://checked.be/en/barometer/2025-07
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Method and sources
- An edition appears on the 6th of the next month, so the last days of the month are processed. After that the figures are fixed. Data that arrives later is listed under Revisions.
- Incorporations: companies per month of their start date in the KBO register, sole traders included.
- Companies still appear in the KBO weeks after their start date. A month's incorporations are therefore complete only two months after that month ends. Until then they carry no comparison.
- Bankruptcies, judicial reorganisations (opening) and judicial dissolutions count in the month of their publication in the Belgian Official Gazette, not in that of the judgment.
- In July and August, the judicial recess, the courts sit little. The three court figures are therefore not compared with either of those months, only with the same month a year earlier.
- The sector is the company's main activity (NACE 2025) in the KBO. The sign "≥" before a figure means that the sector of part of the cases is unknown. A comparison per sector is made only when the sector is equally well known in both months.
- Bankruptcies: the sector is known for only 59% of the cases of July 2025. That is too few for a breakdown by sector.
- The figure per 10,000 active companies sets the month's figure against the sector's active companies shortly after that month.
Every month since 2019 in the trends explorer
Definitions
All figures cover the same twelve months, November 2025 to October 2026, and were counted on 13 November 2026. The same definitions apply on every Checked market page.
- Incorporations in 12 months
- 153,358
- Enterprises with a KBO start date in those twelve months, sole traders included, even if they have stopped since.
- Bankruptcies in 12 months
- 12,147
- Declared bankruptcies the Belgian Official Gazette published in those twelve months, including those of natural persons without an enterprise number.
- Active companies
- 1,976,552
- Enterprises active in the KBO on 13 November 2026, sole traders included.
On this page
An edition's figures are fixed on the day it appears, so a quotation stays right. The edition of July 2025 has been fixed since 5 November 2026. The difference with today's count over the same twelve months is registrations and judgments that came in later.
| In the edition | 127,920 |
|---|---|
| came in or were struck off later, net | +6 |
| Counted today | 127,926 |
| In the edition | 11,626 |
|---|---|
| came in or were struck off later, net | 0 |
| Counted today | 11,626 |