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NACE 18120

Current registrations1,596

Bankruptcies (5y)24

Historical share1.50%

Nationally, 1.40% of current registrations have a published bankruptcy opening in the past five years. This sector's historical share is higher than that of 65% of the 88 NACE divisions. The median bankruptcy probability in NACE division 18 is 0.4%, against 0.5% nationally, over 2,280 scored companies.

Key figures for NACE division 18

fiscal year 2025 · median over 1,433 filed annual accounts

Median solvency

47.8%

higher than 68% of 79 divisions

Median equity

€91k

lower than 63% of 79 divisions

Median net result

€8k

lower than 81% of 79 divisions

Annual accounts in sample

1,433

Regional split

by region · 1,013 of 1,596 enterprises with a registered office on file

Flanders 694 · 68.5%

Wallonia 251 · 24.8%

Brussels 67 · 6.6%

Unknown 1 · 0.1%

Recent bankruptcies in this sector

Date	Company
02-09-2026	TRIAKON BE 0558.916.572
19-05-2026	Buisseret, Thierry BE 0881.421.479
24-12-2025	ANHAD GROUP BE 0757.881.685
07-11-2025	B&O PACKAGING BE 0751.825.818
12-08-2025	JJ&L BE 0543.806.447
03-06-2025	WE ARE BIRDS BE 0848.842.743
27-01-2025	CREAPUB INTERNATIONAL BE 0470.412.683
20-11-2024	Hizir BE 0548.944.774

Geographic distribution

by province · based on the establishment address

West Flanders WVL 179

East Flanders OVL 168

Antwerp ANT 167

Flemish Brabant VLB 101

Limburg LIM 79

Brussels BRU 67

Hainaut HAI 71

Walloon Brabant WBR 39

Namur NAM 43

Liège LIE 86

Luxembourg LUX 12

fewer moremax 179

How these figures are counted

Current enterprise registrations are counted through their registered main activities; establishment units are excluded. Counted in the KBO's NACE 2025 nomenclature, the one in which code 18120 exists.

Share of currently registered companies with a published bankruptcy opening in the past five years. Registered main activities in the selected classification can overlap. This retrospective share is not a future bankruptcy probability.

The comparison with the country and with the other NACE divisions comes from a nightly overview of every division, each counted in the nomenclature in which it exists. A standing such as "higher than 80%" counts the other divisions that have the figure. The bankruptcy probability is the median of our nightly score over the division's companies that have one; the count is stated.

The key figures cover the whole NACE division 18, not NACE 18120 on its own: there are too few filed annual accounts per five-digit code to compute them separately. Medians over NBB annual accounts, all schema types combined.