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Wholesale trade

Current registrations 168division 46: 61,491
Starters, 12 months 158.9 per 100 · Belgium 8.9
Bankruptcies, 12 months 16.0 per 1,000 registrations · Belgium 6.2
Employment (FTE) 17125 employers · latest accounts
Median age 10.4 yearsBelgium 8.1 years
E-invoicing via Peppol 81.5%137 of 168 companies in the Peppol Directory · Belgium 85.0%

Filed accounts

NACE 46730 · financial year 2025 · 83 filed annual accounts
Median solvency
27.8%
division 42.2% · Belgium 46.1%
Median net result
€16,442
division €17,216 · Belgium €16,516
Median equity
€114,235
division €207,372 · Belgium €98,395
Loss-making
26.5%
division 28.8% · Belgium 26.7%
Negative equity
20.5%
division 13.4% · Belgium 12.4%
Median return on equity
15.3%
division 9.9% · Belgium 15.9%
Median liquidity
1.42
division 1.69 · Belgium 1.66
Filed late
51.7%
financial year 2024, 89 filings · division 39.2% · Belgium 38.4%
Missing or 90 days late
8.7%
of 92 companies with annual accounts · division 6.4% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 20.8%28.2%28.2%24.6%21.7%27.8%
Median net result €14,807€15,520€12,717€8,770€6,672€16,442

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

Bankruptcies

Bankruptcies, 5 years, still registered
3
1.79% of the registrations · Belgium 1.68%
Running bankruptcies
3
17.9 per 1,000 registrations

Recent bankruptcies

Date Company
05-01-2026 MONDAMOTO
BE 0793.821.472
24-06-2025 VespaVibes
BE 0764.789.570
24-03-2023 E-WORLD
BE 0675.671.415

Every bankruptcy in division 46, last 90 days

Spread across the country

by region and province · 132 of 168 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 82 · 62.1%
  • Wallonia 21 · 15.9%
  • Brussels 9 · 6.8%
  • Abroad 20 · 15.2%
fewer moremax 22

Largest employers

NACE 46730 as first main activity · staff from the latest accounts
  1. 1 BizbikeWielsbeke 38.7 FTEfinancial year 2025
  2. 2 Moteo Two Wheels EuropeKontich 35.6 FTEfinancial year 2025
  3. 3 INTERNATIONAL GARAGETournai 27.3 FTEfinancial year 2025
  4. 4 Technical TouchLommel 11.5 FTEfinancial year 2025
  5. 5 EVO AREACharleroi 6.7 FTEfinancial year 2025

Joint committees

from the latest accounts of 28 companies
  • 200 Auxiliary committee for white-collar workers 15
  • 112 Garages 10
  • 201 Independent retail 8
  • 149.04 Metal trade 7
  • 100 Auxiliary committee for blue-collar workers 2
  • 226 White-collar workers in international trade, transport and logistics 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 trade46713 327 7 4 1,143
Wholesale trade46712 262 16 2 475

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

9,638 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 €80,200 €64,700 to €98,300 98

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 108,642 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 7 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

45,485 registered companies

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €266.7m awarded 6,711 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. 20.5% of the annual accounts show negative equity, against 12.4% in Belgium. Solvency of 27.8% is below Belgium's 46.1%. Liquidity of 1.42 is below Belgium's 1.66.

Bankruptcies. The median bankruptcy probability of 0.6% is above Belgium's 0.2%.

Inflow and structure. 21.4% of the companies are sole traders, against 41.6% in Belgium. Half of the companies are younger than 10.4 years, against 8.1 years in Belgium. This activity holds 0.3% of the registrations of Wholesale trade.

Staff and filing. 51.7% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 120 of the 171 FTE: 70.0%.

Direction. Median solvency rose from 20.8% in financial year 2020 to 27.8% in financial year 2025. The median net result rose from €14,807 in financial year 2020 to €16,442 in financial year 2025.

The comparison with Belgium as a whole and with the other divisions is as of 07-11-2026 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 46730 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 1,276,547 companies with a main activity, because only those belong to a division. The other 699,272 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.