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NACE 18120
Current registrations1,576
Starters, 12 months · division 18
217
Employment (FTE) · division 18
9,126
Median age · division 18
13.9 years

In NACE division 18, 4.4 companies per 100 started in the past twelve months, against 7.5 nationally; that is lower than that of 76% of the 87 NACE divisions with this figure. Comparison: as of 25-10-2026 05:30.

Key figures for NACE division 18

financial year 2025 · median over 1,673 filed annual accounts
Median solvency
48.0%
higher than 71% of the 79 divisions with this figure
Median equity
€90,244
lower than 62% of the 79 divisions with this figure
Median net result
€7,666
lower than 81% of the 79 divisions with this figure
Annual accounts in sample
1,673

Foreign control in NACE division 18

2,254 registered companies

Staff cost per FTE in NACE division 18

308 employers
Median
€62,500
Belgium €61,400
Middle half
€53,300 to €72,400
half of the employers lie between
Place among sectors
52 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €59,000 €48,100 to €66,500 160
10 to 49 FTE €66,800 €59,300 to €73,300 110
50 to 249 FTE €72,700 €60,600 to €78,900 37

Bankruptcies

past five years
Bankruptcies (5y)
25
Historical share
1.59%

Nationally, 1.61% of current registrations have a published bankruptcy opening in the past five years. This sector's historical share is higher than that of 64% of the 88 NACE divisions with this figure. The median bankruptcy probability in NACE division 18 is 0.3%, against 0.2% nationally, over 2,244 scored companies. Comparison: as of 25-10-2026 05:30.

Bankruptcies still running

NACE division 18
Running bankruptcies
58
Half have run longer than
30 months
Belgium: 20 months
Longer than three years
40%
Belgium: 31%

Measured nationally: Of 108,245 bankruptcies of legal entities across Belgium, 49% were closed within five years for insufficient assets and 28% after liquidation, 3% were withdrawn; 20% were still open after five years. Half had ended after 26 months (a quarter after 15, three quarters after 51 months).

Counts companies with this main activity in the register on 25 October 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

Regional split

by region · 999 of 1,576 enterprises with a registered office on file
Flanders 688 · 68.9%
Wallonia 244 · 24.4%
Brussels 66 · 6.6%
Unknown 1 · 0.1%

Recent bankruptcies in this sector

8
Date Company
21-10-2026 DRUKKERIJ HANSSENS
BE 0461.403.462
02-09-2026 CADAM
BE 0558.916.572
19-05-2026 Buisseret, Thierry
BE 0881.421.479 · sole trader · Hastière
24-12-2025 ANHAD GROUP
BE 0757.881.685
07-11-2025 B&O PACKAGING
BE 0751.825.818
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 registered office
fewer moremax 177

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €9.1m awarded 383 recipients · 2022 to 2025 · largest: Projectsubsidie voor een initiatief in de audiovisuele of gamesector (Decreet Vlaams Audiovisueel Fonds 1999)
  • Federal transfers 50 amount as published 1 recipient · 2024 · largest: Toelage kosten werkstraffen (kledij, preventie)
  • Wallonia-Brussels Federation €3.2m paid 11 recipients · 2021 to 2025 · largest: Unnamed in the register
  • EU budget €3.6m attributed share 4 recipients · 2022 to 2025 · largest: Horizon Europe
  • EU research €3.0m eu contribution 2 recipients · 2024 to 2026 · largest: Horizon Europe

Explore every recipient in this sector

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. The middle company of the sector, based on all filed annual accounts.