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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 14-11-2026 updated

Series

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

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Checked Barometer

Edition of April 2026

compiled on 05-11-2026, after the regular publication date (06-05-2026) · 1,147 bankruptcies and 17,434 incorporations
Bankruptcies 1,147 +4% against April 2025 12,284 over twelve monthsIncorporations 17,434 +21% against April 2025 147,621 over twelve monthsJudicial reorganisations 69 0% against April 2025 625 over twelve monthsJudicial dissolutions 309 -32% against April 2025 4,703 over twelve months

Figures by region

AreaBankruptciesIncorporationsReorganisationsDissolutions
Flanders581+12%7,746+12%240%95-30%
Wallonia244-5.1%5,373+45%320%67-45%
Brussels322-1.5%3,171+22%130%147-27%
No known area01,144-4.4%00
Belgium1,147+4%17,434+21%690%309-32%

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 ≥ 203138
  2. Accommodation and food service ≥ 143113
  3. Wholesale and retail trade ≥ 125102
  4. Professional and technical services ≥ 6939
  5. Transport and storage ≥ 4946
  6. Administrative and support services ≥ 4636
  7. Other services ≥ 4224
  8. Manufacturing ≥ 3933
  9. Telecoms and IT ≥ 2819
  10. Arts, sports and recreation ≥ 257
Show 7 more
  1. Finance and insurance ≥ 1010
  2. Publishing and media ≥ 93
  3. Health and social work ≥ 93
  4. Real estate ≥ 719
  5. Education ≥ 70
  6. Agriculture, forestry and fishing ≥ 44
  7. Water and waste ≥ 02

In grey: April 2025. The sector is known for 71% of the cases of April 2026 (332 without a sector). No change per sector is therefore computed.

Notable sectors

For bankruptcies, the sector is known for 71% of this month's cases, against 54% in April 2025. A comparison per sector would therefore not be meaningful.

For incorporations, the sector is known for 78% of this month's cases, against 76% in April 2025. A comparison per sector would therefore not be meaningful.

Incorporations by sector

  1. Professional and technical services ≥ 2,2371,877
  2. Construction ≥ 1,8231,490
  3. Wholesale and retail trade ≥ 1,6351,146
  4. Administrative and support services ≥ 1,4561,052
  5. Other services ≥ 1,4131,074
  6. Accommodation and food service ≥ 763643
  7. Telecoms and IT ≥ 701494
  8. Health and social work ≥ 608548
Show 13 more
  1. Manufacturing ≥ 585436
  2. Arts, sports and recreation ≥ 518492
  3. Education ≥ 477382
  4. Transport and storage ≥ 476354
  5. Agriculture, forestry and fishing ≥ 310435
  6. Real estate ≥ 274252
  7. Publishing and media ≥ 200120
  8. Finance and insurance ≥ 101132
  9. Households ≥ 5945
  10. Water and waste ≥ 1916
  11. Energy ≥ 1625
  12. Public administration ≥ 24
  13. Mining and quarrying ≥ 01

In grey: April 2025. The sector is known for 78% of the cases of April 2026 (3,761 without a sector). No change per sector is therefore computed.

Insights from April 2026

  • In April 2026, the Belgian Official Gazette published 1,147 bankruptcies, 4% more than in April 2025.

  • In April 2026, 17,434 companies were incorporated, 21% more than in April 2025.

  • In April 2026, the Belgian Official Gazette published 69 judicial reorganisations, as many as in April 2025.

  • In April 2026, the Belgian Official Gazette published 309 judicial dissolutions, 32% fewer than in April 2025.

10 more sentences
  • That is 5.2% more than in March 2026 (1,090).

  • Over the twelve months from May 2025 to April 2026 there were 12,284, 6.5% more than the twelve months before.

  • In April 2026 there were 581 bankruptcies in Flanders, 244 in Wallonia and 322 in Brussels and Halle-Vilvoorde.

  • April 2026: 1,147 bankruptcies, the most in any April since the comparable series began in 2019.

  • That is 72% more than in March 2026 (10,118).

  • Over the twelve months from May 2025 to April 2026 there were 147,621, 19% more than the twelve months before.

  • That is as many as in March 2026 (69).

  • Over the twelve months from May 2025 to April 2026 there were 625, 13% more than the twelve months before.

  • That is 57% fewer than in March 2026 (721).

  • Over the twelve months from May 2025 to April 2026 there were 4,703, 13% fewer than the twelve months before.

Citation

Checked.be, Checked Barometer April 2026 (edition of 5 November 2026), https://checked.be/en/barometer/2026-04
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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 14 November 2026. The same definitions apply on every Checked market page.

Incorporations in 12 months
153,469
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
1,976,894
Enterprises active in the KBO on 14 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 April 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 edition147,621
came in or were struck off later, net+3
Counted today147,624
Bankruptcies in 12 months
In the edition12,284
came in or were struck off later, net0
Counted today12,284