Insolvency · early signals
Bankruptcy radar
An early-warning system: where are bankruptcies clustering right now? We compare openings in the last 90 days to the prior 90 days, by NACE sector and by province.
openings (90 d)
2,282
prior 90 days
2,810
vs prior period
▼ 19%
Geographic clustering
Per province · officeBankruptcy openings per province, last 90 days · based on the registered office.
West Flanders
WVL
166
East Flanders
OVL
214
Antwerp
ANT
321
Flemish Brabant
VLB
273
Limburg
LIM
118
Brussels
BRU
361
Hainaut
HAI
101
Walloon Brabant
WBR
71
Namur
NAM
39
Liège
LIE
96
Luxembourg
LUX
14
fewer
moremax 361
Showing 1,774 of 2,282 openings, for 508 no province could (yet) be resolved from the registered office.
Heating sectors
NACE · 90 d vs 90 dNACE divisions (2 digits) ranked by bankruptcies over the last 90 days, with the change vs the prior 90 days.
| # | Sector | 90 d | Δ |
|---|---|---|---|
| 1 | Food & beverage service
NACE 56 |
314 | ▼ 18% |
| 2 | Specialised construction
NACE 43 |
286 | ▼ 16% |
| 3 | Retail trade
NACE 47 |
224 | ▼ 9% |
| 4 | Construction of buildings
NACE 41 |
119 | ▼ 11% |
| 5 | Land transport
NACE 49 |
102 | ▼ 10% |
| 6 | Wholesale trade
NACE 46 |
96 | - |
| 7 | Personal services
NACE 96 |
75 | ▲ 14% |
| 8 | Cleaning & landscape services
NACE 81 |
66 | ▲ 3% |
| 9 | Real estate activities
NACE 68 |
59 | ▲ 26% |
| 10 | Head offices & management consulting
NACE 70 |
54 | ▼ 10% |
| 11 | Computer programming & consultancy
NACE 62 |
47 | ▲ 4% |
| 12 | NACE division 82
NACE 82 |
47 | ▲ 2% |
| 13 | NACE division 95
NACE 95 |
39 | ▲ 5% |
| 14 | NACE division 53
NACE 53 |
21 | ▼ 16% |
| 15 | Food manufacturing
NACE 10 |
18 | ▼ 18% |
Comparison window: the last 90 days (since 09-05-2026) vs the prior 90 days. Source: bankruptcy openings in the Belgisch Staatsblad, sector via current main NACE activity (not the NACE at the time of bankruptcy), province via the registered office. Methodology