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)
2,633
prior 90 days
2,341
vs prior period
▲ 12%
Geographic clustering
Per province · officeBankruptcy openings per province, last 90 days · based on the registered office.
West Flanders
WVL
168
East Flanders
OVL
263
Antwerp
ANT
407
Flemish Brabant
VLB
310
Limburg
LIM
129
Brussels
BRU
430
Hainaut
HAI
79
Walloon Brabant
WBR
93
Namur
NAM
60
Liège
LIE
110
Luxembourg
LUX
14
fewer
moremax 430
Showing 2,063 of 2,633 openings — for 570 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 |
352 | ▲ 17% |
| 2 | Specialised construction
NACE 43 |
332 | ▲ 21% |
| 3 | Retail trade
NACE 47 |
231 | ▲ 6% |
| 4 | Construction of buildings
NACE 41 |
147 | ▲ 73% |
| 5 | Wholesale trade
NACE 46 |
111 | ▲ 41% |
| 6 | Land transport
NACE 49 |
110 | ▲ 6% |
| 7 | Personal services
NACE 96 |
83 | ▲ 51% |
| 8 | Cleaning & landscape services
NACE 81 |
61 | ▼ 14% |
| 9 | Head offices & management consulting
NACE 70 |
56 | ▲ 14% |
| 10 | NACE division 82
NACE 82 |
50 | ▲ 32% |
| 11 | Computer programming & consultancy
NACE 62 |
49 | ▲ 29% |
| 12 | Real estate activities
NACE 68 |
44 | ▼ 6% |
| 13 | NACE division 95
NACE 95 |
34 | ▼ 11% |
| 14 | NACE division 25
NACE 25 |
27 | ▲ 35% |
| 15 | NACE division 74
NACE 74 |
26 | ▲ 225% |
Comparison window: the last 90 days (since 23-03-2026) vs the prior 90 days. Source: bankruptcy openings in the Belgisch Staatsblad, sector via main NACE activity, province via the registered office. Methodology