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Raising of horses and other equines

Current registrations 1,941division 01: 47,266
Starters, 12 months 1155.9 per 100 · Belgium 8.9
Bankruptcies, 12 months 84.1 per 1,000 registrations · Belgium 6.2
Employment (FTE) 26854 employers · latest accounts
Median age 9.0 yearsBelgium 8.1 years
E-invoicing via Peppol 92.0%1,786 of 1,941 companies in the Peppol Directory · Belgium 85.0%

Filed accounts

NACE 01430 · financial year 2025 · 844 filed annual accounts
Median solvency
17.8%
division 36.6% · Belgium 46.1%
Median net result
€397
division €15,969 · Belgium €16,520
Median equity
€57,458
division €197,895 · Belgium €98,421
Loss-making
48.4%
division 28.4% · Belgium 26.7%
Negative equity
31.3%
division 13.2% · Belgium 12.4%
Median return on equity
5.0%
division 9.7% · Belgium 15.9%
Median liquidity
0.96
division 1.29 · Belgium 1.66
Filed late
46.9%
financial year 2024, 825 filings · division 36.9% · Belgium 38.4%
Missing or 90 days late
5.7%
of 905 companies with annual accounts · division 4.2% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 20.2%19.5%19.4%20.1%21.0%17.8%
Median net result €1,970€2,310€1,974€1,570€1,536€397

Hold your customer's or competitor's figures against them in the Sector benchmark

Bankruptcies

Bankruptcies, 5 years, still registered
24
1.24% of the registrations · Belgium 1.68%
Running bankruptcies
26
13.4 per 1,000 registrations

Recent bankruptcies

Date Company
12-10-2026 Zanga Ekom, Jélyssa
BE 1018.461.297 · sole trader · Herstal
28-09-2026 Solovyov, Alexander
BE 0744.619.114 · sole trader · Hoeilaart
05-06-2026 Conrardy, Julie
BE 0743.883.496 · sole trader · Sprimont
22-05-2026 Dewitte, Michiel
BE 0826.454.846 · sole trader · Zedelgem
19-03-2026 DFGL
BE 0524.858.090
17-03-2026 DH HORSES
BE 0652.639.457
14-01-2026 Glory Stables
BE 0794.484.042
08-12-2025 V-Horses
BE 0675.376.455

Every bankruptcy in division 01, last 90 days

Spread across the country

by region and province · 1,221 of 1,941 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 933 · 76.4%
  • Wallonia 263 · 21.5%
  • Brussels 20 · 1.6%
  • Abroad 5 · 0.4%
fewer moremax 288

Largest employers

NACE 01430 as first main activity · staff from the latest accounts
  1. 1 Stoeterij ZangersheideLanaken 36.1 FTEfinancial year 2025
  2. 2 AS TradingHerentals 21.1 FTEfinancial year 2025
  3. 3 ASHFORD FARMBocholt 21.0 FTEfinancial year 2025
  4. 4 Karel Cox HorsesHechtel-Eksel 13.9 FTEfinancial year 2025
  5. 5 PHILIPPAERTS - We Live HorsesOudsbergen 13.6 FTEfinancial year 2025

Joint committees

from the latest accounts of 208 companies
  • 144 Agriculture 184
  • 200 Auxiliary committee for white-collar workers 47
  • 100 Auxiliary committee for blue-collar workers 9
  • 302 Hotels and catering 5
  • 201 Independent retail 3
  • 119 Food trade 2
  • 124 Construction 2
  • 111 Metal, mechanical and electrical engineering 1
Show the 12 others
  • 112 Garages 1
  • 118 Food industry 1
  • 127 Fuel trade 1
  • 140.03 Road transport and logistics for third parties 1
  • 207 White-collar workers in the chemical industry 1
  • 209 White-collar workers in metal manufacturing 1
  • 215 White-collar workers in the clothing and garment industry 1
  • 226 White-collar workers in international trade, transport and logistics 1
  • 307 Insurance brokers and agencies 1
  • 314 Hairdressing and beauty care 1
  • 323 Building management, estate agents and domestic staff 1
  • 336 Liberal professions 1

Source: the annual accounts at the National Bank. One filing can name more than one committee.

Division 01: Crop and animal production

Related activities

10 other activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Raising of dairy cattle01410 2,451 81 0 112
Raising of other animals01480 1,699 159 3 440
Pig breeding farms01461 892 23 0 187
Raising of other cattle and buffaloes01420 810 63 0 21
Raising of sheep and goats01450 789 35 0 50
Crop and animal production, hunting and related service activities01471 600 34 0 729
Show all 10 activities

Bankruptcies per year in division 01

Per year201520162017201820192020202120222023202420252026
Bankruptcies917137446753537370656550
Jobs lost22221148721317568143109114110106

2026 through September. Every bankruptcy, also of companies that have since left the register. Source: Statbel (Directorate-General Statistics), NACE classification of 2008.

Staff cost per FTE in NACE division 01

1,190 employers
Median
€45,500
Belgium €61,400
Middle half
€37,300 to €56,800
half of the employers lie between
Place among sectors
74 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €45,300 €36,700 to €56,700 848
10 to 49 FTE €46,400 €39,100 to €56,600 296
50 to 249 FTE €44,100 €37,700 to €56,100 43

Running bankruptcies in the sector

NACE division 01
Number
108
Half have run longer than
31 months
Belgium: 20 months
Longer than three years
46%
Belgium: 31%

Measured nationally: Of 108,562 bankruptcies of legal entities across Belgium, 49% were closed within five years for insufficient assets and 28% after liquidation, 3% were withdrawn. After five years, 20% were still open. Half had ended after 26 months (a quarter after 15, three quarters after 51 months).

This counts companies with this main activity in the register on 6 November 2026. The outcome itself is not measured by sector. The activity of a company that leaves the register after its bankruptcy is too often not kept to compare closed cases fairly.

Outcome by court and division

7 of the 15,515 companies in NACE division 01 have a parent company abroad. Main parent countries: Netherlands (3), France (2) and Germany (1). Together they employ 269 of the division's 14,719 FTE: 1.8%, against 14% for Belgium as a whole.

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €279.4m awarded 3,656 recipients · 2022 to 2025 · largest: Subsidies visserijprojecten
  • Federal transfers 5.3m amount as published 5 recipients · 2023 to 2025 · largest: Toelagen voor wetenschappelijk onderzoek betreffende de voedselveiligheid, gezondheidsbeleid en dierenwelzijn aan publiekrechtelijke instellingen, publiekrechtelijke universiteiten, universiteiten van de Gemeenschappen en hun vzw's
  • Wallonia-Brussels Federation €120,389 paid 8 recipients · 2021 to 2025 · largest: Subventions diverses dans le cadre des relations internationales
  • EU budget €50.9m attributed share 11 recipients · 2021 to 2025 · largest: Horizon Europe
  • EU research €76.5m EU contribution 12 recipients · 2009 to 2026 · largest: Horizon Europe

Explore every recipient in this sector

Insights on Raising of horses and other equines

Balance sheet and result. 31.3% of the annual accounts show negative equity, against 12.4% in Belgium. The median net result of €397 is below Belgium's €16,520. 48.4% of the annual accounts close with a loss, against 26.7% in Belgium.

Bankruptcies. In 12 months, 4.1 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is more than in 56% of the 88 NACE divisions. The median bankruptcy probability of 0.3% is above Belgium's 0.2%.

Inflow and structure. In 12 months, 5.9 of 100 companies started, against 8.9 in Belgium. That is fewer than in 60% of the 87 NACE divisions. Flanders holds 76.7% of the seats, against 64.7% in Belgium. 37.1% of the companies are sole traders, against 41.6% in Belgium.

Staff and filing. 46.9% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 106 of the 268 FTE: 39.5%.

Direction. Median solvency fell from 20.2% in financial year 2020 to 17.8% in financial year 2025. The median net result fell from €1,970 in financial year 2020 to €397 in financial year 2025.

The comparison with Belgium as a whole and with the other divisions is as of 06-11-2026 05:30.

Method and sources

Every company registered today counts under its main activities in the KBO. Establishment units do not count. Staff counts once, under the employer's first main activity, from its latest accounts and only where it fits the staff costs. The count follows the NACE 2025 classification, the version in which code 01430 exists.

The bankruptcies over five years count only companies still registered today, because the activity of a company that left the register is not kept. So they are fewer than the bankruptcies of those years, and the figure is not a probability for the future. Over twelve months the count is nearly complete, because a bankrupt company stays registered while its bankruptcy runs. A company with more than one main activity counts in each of those sectors.

The comparison with Belgium as a whole and with the other NACE divisions rests on an overview of every division, counted again each night. Each division is counted in the version of the NACE classification in which it exists. A standing such as "more than in 80%" compares with the other divisions that have the figure. A division's bankruptcy probability is the median over its companies with a score. Belgium here counts the 1,276,581 companies with a main activity, because only those belong to a division. The other 698,987 registrations publish no activity.

Each median is the value of the middle company, computed over the annual accounts of financial year 2025, and is shown only from 30 accounts. A share (loss-making, negative equity) counts that year's accounts with that trait. Accounts are late when they are filed after the statutory deadline. The direction per financial year follows the companies still registered today. Missing or 90 days late counts the companies with accounts missing today, or whose latest were filed more than 90 days after the deadline. The dossier follows the same rule.