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Checked Barometer March 2026

Edition of 26 September 2026 · KBO · Belgian Official Gazette

In March 2026, the Belgian Official Gazette published 917 bankruptcies, 0.7% more than in March 2025. In March 2026, 10,108 companies were incorporated, 22% more than in March 2025.

This edition was compiled on 26 September 2026, after its regular publication date (6 April 2026). The figures are that day's count and no longer change.

Incorporations

10,108

+22% year on year-13% month on month

Mar 2025 Mar 2026

144,596 over twelve months

Bankruptcies

917

+0.7% year on year+3.4% month on month

Mar 2025 Mar 2026

10,940 over twelve months

Judicial reorganisations

55

+20% year on year+3.8% month on month

Mar 2025 Mar 2026

568 over twelve months

Judicial dissolutions

310

-7.7% year on year+49% month on month

Mar 2025 Mar 2026

3,334 over twelve months

In brief

Sentences taken straight from this edition's figures. Credit Checked.be as the source.

Incorporations

  • In March 2026, 10,108 companies were incorporated, 22% more than in March 2025.
  • Compared with February 2026 (11,588), that is 13% fewer.
  • Over the twelve months from April 2025 to March 2026 there were 144,596, 18% more than the twelve months before.

Bankruptcies

  • In March 2026, the Belgian Official Gazette published 917 bankruptcies, 0.7% more than in March 2025.
  • Compared with February 2026 (887), that is 3.4% more.
  • Over the twelve months from April 2025 to March 2026 there were 10,940, 7.4% more than the twelve months before.
  • By area: 484 in Flanders, 222 in Wallonia and 211 in Brussels and Halle-Vilvoorde.

Judicial reorganisations

  • In March 2026, the Belgian Official Gazette published 55 judicial reorganisations, 20% more than in March 2025.
  • Compared with February 2026 (53), that is 3.8% more.
  • Over the twelve months from April 2025 to March 2026 there were 568, 14% more than the twelve months before.

Judicial dissolutions

  • In March 2026, the Belgian Official Gazette published 310 judicial dissolutions, 7.7% fewer than in March 2025.
  • Compared with February 2026 (208), that is 49% more.
  • Over the twelve months from April 2025 to March 2026 there were 3,334, 16% fewer than the twelve months before.

By region

March 2026, with the change on the same month a year earlier.

AreaIncorporationsBankruptciesJudicial reorganisationsJudicial dissolutions
Flanders4,905+14%484+3%19+58%64-56%
Wallonia2,711+41%222+5.7%22+29%118+743%
Brussels and Halle-Vilvoorde1,981+23%211-8.7%14-18%128-27%
No known area511+14%000
Belgium10,108+22%917+0.7%55+20%310-7.7%

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

March 2026 against March 2025. Main activity according to the KBO (NACE 2025).

  1. Construction ≥ 131
  2. Wholesale and retail trade ≥ 128
  3. Accommodation and food service ≥ 114
  4. Transport and storage ≥ 45
  5. Administrative and support services ≥ 43
  6. Professional and technical services ≥ 37
  7. Other services ≥ 29
  8. Manufacturing ≥ 26
  9. Real estate ≥ 19
  10. Telecoms and IT ≥ 17
Show all 17 sectors
  1. Arts, sports and recreation ≥ 13
  2. Finance and insurance ≥ 8
  3. Health and social work ≥ 7
  4. Agriculture, forestry and fishing ≥ 5
  5. Publishing and media ≥ 4
  6. Education ≥ 3
  7. Water and waste ≥ 1

The sector is known for 69% of the cases of March 2026 (287 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

March 2026 against March 2025. Main activity according to the KBO (NACE 2025).

  1. Professional and technical services ≥ 1,609
  2. Construction ≥ 1,060
  3. Wholesale and retail trade ≥ 943
  4. Administrative and support services ≥ 728
  5. Other services ≥ 588
  6. Accommodation and food service ≥ 494
  7. Telecoms and IT ≥ 477
  8. Transport and storage ≥ 312
  9. Health and social work ≥ 308
  10. Arts, sports and recreation ≥ 306
Show all 22 sectors
  1. Manufacturing ≥ 276
  2. Education ≥ 231
  3. Real estate ≥ 224
  4. Agriculture, forestry and fishing ≥ 166
  5. Finance and insurance ≥ 90
  6. Publishing and media ≥ 89
  7. Households ≥ 53
  8. Water and waste ≥ 16
  9. Energy ≥ 14
  10. Mining and quarrying ≥ 2
  11. Public administration ≥ 0
  12. Extraterritorial organisations ≥ 0

The sector is known for 79% of the cases of March 2026 (2,122 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 March 2025, from 10 cases and a difference of 5 cases.

For bankruptcies, the sectors of this month and of March 2025 are not equally well known (69% and 59%); a comparison per sector would measure our coverage, not the economy.

For incorporations, the sectors of this month and of March 2025 are not equally well known (79% and 77%); 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 March 2026 (edition of 26 September 2026), https://checked.be/en/barometer/2026-03
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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.

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