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Wholesale trade

Current registrations 327division 46: 61,491
Starters, 12 months 72.1 per 100 · Belgium 8.9
Bankruptcies, 12 months 412.2 per 1,000 registrations · Belgium 6.2
Employment (FTE) 1,14382 employers · latest accounts
Median age 16.6 yearsBelgium 8.1 years
E-invoicing via Peppol 92.4%302 of 327 companies in the Peppol Directory · Belgium 85.0%

Filed accounts

NACE 46713 · financial year 2025 · 186 filed annual accounts
Median solvency
39.5%
division 42.2% · Belgium 46.1%
Median net result
€30,051
division €17,217 · Belgium €16,520
Median equity
€356,676
division €207,401 · Belgium €98,421
Loss-making
22.0%
division 28.8% · Belgium 26.7%
Negative equity
9.1%
division 13.4% · Belgium 12.4%
Median return on equity
9.4%
division 9.9% · Belgium 15.9%
Median liquidity
1.68
division 1.69 · Belgium 1.66
Filed late
29.3%
financial year 2024, 184 filings · division 39.2% · Belgium 38.4%
Missing or 90 days late
3.5%
of 202 companies with annual accounts · division 6.4% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 32.1%32.7%34.6%36.9%38.5%39.5%
Median net result €35,078€41,696€42,678€32,126€22,587€30,051

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

Bankruptcies

Bankruptcies, 5 years, still registered
10
3.06% of the registrations · Belgium 1.68%
Running bankruptcies
13
39.8 per 1,000 registrations

Recent bankruptcies

Date Company
07-10-2026 Badmobiel
BE 0734.539.230
28-05-2026 Beerden, Pascal
BE 0743.691.278 · sole trader · Zonhoven
18-02-2026 Beckers Caravans
BE 0844.985.113
30-12-2025 Lemaire, Roger
BE 0869.073.478 · sole trader · Heist-op-den-Berg
05-07-2024 OMNI-TT
BE 0780.867.915
25-05-2023 GHOST CARAVANS
BE 0704.759.438
21-04-2023 CAMPING-CAR LAURENT
BE 0538.748.688
10-01-2023 AUTO TRADING SERVICE
BE 0843.164.580

Every bankruptcy in division 46, last 90 days

Spread across the country

by region and province · 234 of 327 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 184 · 78.6%
  • Wallonia 43 · 18.4%
  • Brussels 6 · 2.6%
  • Abroad 1 · 0.4%
fewer moremax 58

Largest employers

NACE 46713 as first main activity · staff from the latest accounts
  1. 1 Scania BelgiumBrussels 369 FTEfinancial year 2025
  2. 2 FAYMONVILLEBullange 140 FTEfinancial year 2025
  3. 3 Hainaut Caravaning CenterCharleroi 54.1 FTEfinancial year 2025
  4. 4 HELIWetteren 52.7 FTEfinancial year 2025
  5. 5 Urbano Motorhomes OostendeTemse 41.7 FTEfinancial year 2025

Joint committees

from the latest accounts of 74 companies
  • 200 Auxiliary committee for white-collar workers 31
  • 112 Garages 29
  • 111 Metal, mechanical and electrical engineering 11
  • 201 Independent retail 9
  • 209 White-collar workers in metal manufacturing 9
  • 149.02 Coachwork 8
  • 100 Auxiliary committee for blue-collar workers 5
  • 149.04 Metal trade 4
Show the 7 others
  • 149 Sectors related to metal, mechanical and electrical engineering 3
  • 302 Hotels and catering 3
  • 140.03 Road transport and logistics for third parties 2
  • 124 Construction 1
  • 144 Agriculture 1
  • 226 White-collar workers in international trade, transport and logistics 1
  • 304 Performing arts 1

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

Division 46: Wholesale trade

Related activities

4 other activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Wholesale of cars and light vans (up to 3.5 tonnes)46711 2,060 151 18 8,711
Wholesale of motor vehicle parts and accessories46720 1,085 47 5 6,019
Wholesale trade46712 262 16 2 475
Wholesale trade46730 168 15 1 171

Bankruptcies per year in division 46

Per year201520162017201820192020202120222023202420252026
Bankruptcies803710738687722486417583541625634425
Jobs lost1,6291,6551,3611,2161,2401,0548901,0299351,3831,271931

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 46

9,639 employers
Median
€64,900
Belgium €61,400
Middle half
€51,300 to €84,400
half of the employers lie between
Place among sectors
44 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €60,500 €47,700 to €78,600 6,072
10 to 49 FTE €70,000 €57,700 to €89,100 2,910
50 to 249 FTE €84,000 €67,400 to €119,200 558
250 FTE or more €80,100 €64,800 to €98,300 99

Running bankruptcies in the sector

NACE division 46
Number
1,337
Half have run longer than
23 months
Belgium: 20 months
Longer than three years
34%
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

Foreign control in NACE division 46

45,472 registered companies

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €266.7m awarded 6,714 recipients · 2022 to 2025 · largest: Dienstencheques
  • Federal transfers 21.5m amount as published 14 recipients · 2023 to 2025 · largest: Ondersteuning aan de bijdrage van de organisaties van de civiele maatschappij en institutionele actoren in de realisatie van de doelen van de gemeenschappelijke strategische kaders (cf. art. 2.14.6 en 2.14.10 van de wetsbepalingen)
  • Wallonia-Brussels Federation €1.3m paid 17 recipients · 2021 to 2025 · largest: Conventions et contrats programmes indexés dans le domaine des centres culturels
  • EU budget €531.5m attributed share 96 recipients · 2021 to 2025 · largest: Information and communication technology
  • EU research €52.9m EU contribution 83 recipients · 2007 to 2027 · largest: Horizon 2020

Explore every recipient in this sector

Insights on Wholesale trade

Balance sheet and result. The median net result of €30,051 is above Belgium's €16,520. Return on equity of 9.4% is below Belgium's 15.9%. 9.1% of the annual accounts show negative equity, against 12.4% in Belgium.

Bankruptcies. The median bankruptcy probability of 0.3% is above Belgium's 0.2%.

Inflow and structure. Half of the companies are younger than 16.6 years, against 8.1 years in Belgium. In 12 months, 2.1 of 100 companies started, against 8.9 in Belgium. That is fewer than in 92% of the 87 NACE divisions. 28.4% of the companies are sole traders, against 41.6% in Belgium.

Staff and filing. 29.3% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 657 of the 1,143 FTE: 57.5%.

Direction. Median solvency rose from 32.1% in financial year 2020 to 39.5% in financial year 2025. The median net result fell from €35,078 in financial year 2020 to €30,051 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 46713 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.