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Wholesale trade

NACE 46734
Current registrations21
Starters, 12 months · division 46
2,772
Employment (FTE) · division 46
236,141
Median age · division 46
15.0 years

NACE division 46 had 4.5 starters per 100 companies in the past twelve months, against 7.5 for Belgium as a whole. That is lower than that of 72% of the 87 NACE divisions with this figure. The comparison with Belgium as a whole and with the other divisions is as of 01-11-2026 05:30.

Key figures for NACE division 46

financial year 2025 · median over 29,712 filed annual accounts
Median solvency
42.5%
lower than 58% of the 79 divisions with this figure
Median equity
€180,271
higher than 61% of the 79 divisions with this figure
Median net result
€14,887
lower than 54% of the 79 divisions with this figure
Annual accounts in sample
29,712

Foreign control in NACE division 46

45,503 registered companies

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
45 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €60,400 €47,700 to €78,500 6,074
10 to 49 FTE €70,000 €57,700 to €89,000 2,909
50 to 249 FTE €84,000 €67,400 to €119,500 557
250 FTE or more €80,100 €64,800 to €98,300 99

Bankruptcies

past five years
Bankruptcies, 5 years
2
Historical share
9.52%

For Belgium as a whole, the historical share over the past five years is 1.61%. This sector's historical share is higher than every NACE division. The median bankruptcy probability in NACE division 46 is 0.4%, against 0.2% for Belgium as a whole. It is computed over 39,186 scored companies. The comparison with Belgium as a whole and with the other divisions is as of 01-11-2026 05:30.

Running bankruptcies in the sector

NACE division 46
Number
1,334
Half have run longer than
23 months
Belgium: 20 months
Longer than three years
34%
Belgium: 31%

Measured nationally: Of 108,424 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entities across Belgium, 49% were closed within five years for insufficient assets and 28% after liquidation, 3% were withdrawn.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 1 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

Regional split

by region · 20 of 21 enterprises with a registered office on file
Flanders 14 · 70.0%
Wallonia 4 · 20.0%
Brussels 1 · 5.0%
Unknown 1 · 5.0%

Recent bankruptcies in this sector

2
Date Company
29-06-2026 SOLVER SOLUTIONS
BE 0536.607.562
03-06-2024 LIFORY GLOBAL
BE 0794.328.446

Geographic distribution

by province · based on the registered office
fewer moremax 6

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €349.3m awarded 6,719 recipients · 2022 to 2025 · largest: Dienstencheques
  • Federal transfers 66.3m amount as published 29 recipients · 2023 to 2025 · largest: Subsidie aan de Centrale Dienst voor Sociale en Culturele Actie
  • Wallonia-Brussels Federation €32.0m paid 31 recipients · 2021 to 2025 · largest: Subventions forfaitaires dans le fondamental
  • EU budget €531.5m attributed share 96 recipients · 2021 to 2025 · largest: Information and communication technology
  • EU research €52.8m eu contribution 83 recipients · 2007 to 2027 · largest: Horizon 2020

Explore every recipient in this sector

How these figures are counted

Every company registered today counts under its main activities in the KBO. Establishment units do not count. The count follows the NACE 2008 classification, the version in which code 46734 exists.

The historical share is the share of current registrations for which a bankruptcy opening was published in the past five years. A company with more than one main activity counts in each of those sectors. The historical share is not a future bankruptcy probability.

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 "higher than 80%" compares with the other divisions that have the figure. A division's bankruptcy probability is the median over its companies with a score. Their number is given with the figure.

The key figures cover the whole NACE division 46, not only NACE 46734. There are too few filed annual accounts per five-digit code to compute them separately. Each key figure is the value of the middle company, computed over all filed annual accounts of the division.