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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

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A second series, the rolling year and the bankruptcies since 1998 are in Trends.

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Checked Barometer

Edition of January 2026

compiled on 05-11-2026, after the regular publication date (06-02-2026) · 881 bankruptcies and 18,890 incorporations
Bankruptcies 881 -3% against January 2025 12,114 over twelve monthsIncorporations 18,890 +15% against January 2025 141,025 over twelve monthsJudicial reorganisations 50 0% against January 2025 570 over twelve monthsJudicial dissolutions 469 -21% against January 2025 4,786 over twelve months

Figures by region

AreaBankruptciesIncorporationsReorganisationsDissolutions
Flanders436-4.4%8,968+8.5%12-14%45-80%
Wallonia220-1.3%5,230+28%16-16%101+2%
Brussels225-1.7%3,282+16%22+29%323+21%
No known area01,410+12%00
Belgium881-3%18,890+15%500%469-21%

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.

Bankruptcies by sector

  1. Construction ≥ 133112
  2. Wholesale and retail trade ≥ 11390
  3. Accommodation and food service ≥ 10984
  4. Administrative and support services ≥ 4730
  5. Transport and storage ≥ 4428
  6. Other services ≥ 4018
  7. Manufacturing ≥ 3122
  8. Professional and technical services ≥ 2934
  9. Telecoms and IT ≥ 166
  10. Real estate ≥ 1416
Show 9 more
  1. Publishing and media ≥ 51
  2. Finance and insurance ≥ 58
  3. Agriculture, forestry and fishing ≥ 42
  4. Health and social work ≥ 41
  5. Education ≥ 20
  6. Arts, sports and recreation ≥ 210
  7. Water and waste ≥ 13
  8. Public administration ≥ 10
  9. Energy ≥ 01

In grey: January 2025. The sector is known for 68% of the cases of January 2026 (281 without a sector). No change per sector is therefore computed.

Notable sectors

For bankruptcies, the sector is known for 68% of this month's cases, against 51% in January 2025. A comparison per sector would therefore not be meaningful.

For incorporations, the sector is known for 77% of this month's cases, against 77% in January 2025. A comparison per sector would therefore not be meaningful.

Incorporations by sector

  1. Professional and technical services ≥ 2,5352,170
  2. Construction ≥ 1,9521,644
  3. Wholesale and retail trade ≥ 1,5401,273
  4. Administrative and support services ≥ 1,4281,158
  5. Other services ≥ 1,3721,130
  6. Health and social work ≥ 784782
  7. Accommodation and food service ≥ 682542
  8. Telecoms and IT ≥ 681609
Show 14 more
  1. Arts, sports and recreation ≥ 637638
  2. Education ≥ 633531
  3. Manufacturing ≥ 587514
  4. Transport and storage ≥ 535365
  5. Agriculture, forestry and fishing ≥ 475504
  6. Real estate ≥ 337335
  7. Publishing and media ≥ 206118
  8. Finance and insurance ≥ 123252
  9. Households ≥ 6471
  10. Energy ≥ 3223
  11. Water and waste ≥ 1919
  12. Public administration ≥ 513
  13. Mining and quarrying ≥ 02
  14. Extraterritorial organisations ≥ 02

In grey: January 2025. The sector is known for 77% of the cases of January 2026 (4,263 without a sector). No change per sector is therefore computed.

Insights from January 2026

  • In January 2026, the Belgian Official Gazette published 881 bankruptcies, 3% fewer than in January 2025.

  • In January 2026, 18,890 companies were incorporated, 15% more than in January 2025.

  • In January 2026, the Belgian Official Gazette published 50 judicial reorganisations, as many as in January 2025.

  • In January 2026, the Belgian Official Gazette published 469 judicial dissolutions, 21% fewer than in January 2025.

10 more sentences
  • That is 31% fewer than in December 2025 (1,270).

  • Over the twelve months from February 2025 to January 2026 there were 12,114, 6.2% more than the twelve months before.

  • In January 2026 there were 436 bankruptcies in Flanders, 220 in Wallonia and 225 in Brussels and Halle-Vilvoorde.

  • January 2026: 881 bankruptcies, the fewest in any January since 2023.

  • That is 69% more than in December 2025 (11,194).

  • Over the twelve months from February 2025 to January 2026 there were 141,025, 16% more than the twelve months before.

  • That is 26% fewer than in December 2025 (68).

  • Over the twelve months from February 2025 to January 2026 there were 570, 4.6% more than the twelve months before.

  • That is 18% more than in December 2025 (397).

  • Over the twelve months from February 2025 to January 2026 there were 4,786, 15% fewer than the twelve months before.

Citation

Checked.be, Checked Barometer January 2026 (edition of 5 November 2026), https://checked.be/en/barometer/2026-01
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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.
  • 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 January 2026 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.

Incorporations in 12 months
In the edition141,025
came in or were struck off later, net-1
Counted today141,024
Bankruptcies in 12 months
In the edition12,114
came in or were struck off later, net0
Counted today12,114