Checked Barometer August 2025
Edition of 26 September 2026 · KBO · Belgian Official Gazette
In August 2025, the Belgian Official Gazette published 558 bankruptcies, 19% more than in August 2024. In August 2025, 8,200 companies were incorporated, 19% more than in August 2024.
This edition was compiled on 26 September 2026, after its regular publication date (6 September 2025). The figures are that day's count and no longer change.
Bankruptcies
558
+19% year on year-35% month on month
10,574 over twelve months
Judicial reorganisations
35
+21% year on year-43% month on month
505 over twelve months
Judicial dissolutions
66
+560% year on year-70% month on month
3,746 over twelve months
In brief
Sentences taken straight from this edition's figures. Credit Checked.be as the source.
Incorporations
- In August 2025, 8,200 companies were incorporated, 19% more than in August 2024.
- Compared with July 2025 (13,428), that is 39% fewer.
- Over the twelve months from September 2024 to August 2025 there were 129,212, 11% more than the twelve months before.
Bankruptcies
- In August 2025, the Belgian Official Gazette published 558 bankruptcies, 19% more than in August 2024.
- Compared with July 2025 (855), that is 35% fewer.
- Over the twelve months from September 2024 to August 2025 there were 10,574, 4% more than the twelve months before.
- By area: 265 in Flanders, 133 in Wallonia and 160 in Brussels and Halle-Vilvoorde.
Judicial reorganisations
- In August 2025, the Belgian Official Gazette published 35 judicial reorganisations, 21% more than in August 2024.
- Compared with July 2025 (61), that is 43% fewer.
- Over the twelve months from September 2024 to August 2025 there were 505, 2.4% more than the twelve months before.
Judicial dissolutions
- In August 2025, the Belgian Official Gazette published 66 judicial dissolutions, 560% more than in August 2024.
- Compared with July 2025 (222), that is 70% fewer.
- Over the twelve months from September 2024 to August 2025 there were 3,746, 23% fewer than the twelve months before.
By region
August 2025, with the change on the same month a year earlier.
| Area | Incorporations | Bankruptcies | Judicial reorganisations | Judicial dissolutions |
|---|---|---|---|---|
| Flanders | 4,308+15% | 265+30% | 9+50% | 3-25% |
| Wallonia | 1,896+19% | 133+11% | 20+25% | 33+450% |
| Brussels and Halle-Vilvoorde | 1,431+23% | 160+12% | 6-14% | 30 |
| No known area | 565+38% | 0 | 0 | 0 |
| Belgium | 8,200+19% | 558+19% | 35+21% | 66+560% |
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
August 2025 against August 2024. Main activity according to the KBO (NACE 2025).
August 2025
August 2024
- Wholesale and retail trade ≥ 79
- Accommodation and food service ≥ 70
- Construction ≥ 54
- Professional and technical services ≥ 32
- Transport and storage ≥ 28
- Manufacturing ≥ 19
- Administrative and support services ≥ 15
- Other services ≥ 11
- Telecoms and IT ≥ 9
- Real estate ≥ 6
Show all 17 sectors
The sector is known for 61% of the cases of August 2025 (217 without a sector). Hence no change per sector. This edition kept no count of active companies, so no figure per 10,000.
Incorporations by sector
August 2025 against August 2024. Main activity according to the KBO (NACE 2025).
August 2025
August 2024
- Professional and technical services ≥ 1,217
- Construction ≥ 878
- Wholesale and retail trade ≥ 702
- Administrative and support services ≥ 573
- Other services ≥ 538
- Health and social work ≥ 383
- Accommodation and food service ≥ 343
- Telecoms and IT ≥ 322
- Arts, sports and recreation ≥ 294
- Transport and storage ≥ 263
Show all 22 sectors
- Education ≥ 247
- Manufacturing ≥ 234
- Real estate ≥ 209
- Publishing and media ≥ 85
- Agriculture, forestry and fishing ≥ 76
- Finance and insurance ≥ 73
- Households ≥ 40
- Energy ≥ 11
- Water and waste ≥ 8
- Public administration ≥ 1
- Mining and quarrying ≥ 0
- Extraterritorial organisations ≥ 0
The sector is known for 79% of the cases of August 2025 (1,703 without a sector). Hence no change per sector. This edition kept no count of active companies, so no figure per 10,000.
Notable sectors
The largest shifts against August 2024, from 10 cases and a difference of 5 cases.
For bankruptcies, the sectors of this month and of August 2024 are not equally well known (61% and 44%); a comparison per sector would measure our coverage, not the economy.
For incorporations, the sectors of this month and of August 2024 are not equally well known (79% and 75%); 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 August 2025 (edition of 26 September 2026), https://checked.be/en/barometer/2025-08
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.