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Wholesale trade

NACE 46834 · division 46 Wholesale trade
Current registrations 28division 46: 61,483
Starters, 12 months 310.7 per 100 · Belgium 8.9
Bankruptcies, 12 months 135.7 per 1,000 registrations · Belgium 6.2
Employment (FTE) 1018 employers · latest accounts

Bankruptcies

Bankruptcies, 5 years, still registered
2
7.14% of the registrations · Belgium 1.68%
Running bankruptcies
2
71.4 per 1,000 registrations

Recent bankruptcies

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

Every bankruptcy in division 46, last 90 days

Spread across the country

by region and province · 26 of 28 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 18 · 69.2%
  • Wallonia 2 · 7.7%
  • Brussels 1 · 3.8%
  • Abroad 5 · 19.2%
fewer moremax 6

The balance sheets of division 46 on the map, by municipality and down to the address

Largest employers

NACE 46834 as first main activity · staff from the latest accounts
  1. 1 DOCHY GLASVeurne 36.7 FTEfinancial year 2025
  2. 2 AGC GedoptWijnegem 17.2 FTEfinancial year 2025
  3. 3 BELGOGLASSRemicourt 16.3 FTEfinancial year 2025
  4. 4 DDQglasHarelbeke 10.3 FTEfinancial year 2025
  5. 5 AGC ServiglassMol 8.9 FTEfinancial year 2025

Companies

28 with this main activity

Joint committees

from the latest accounts of 12 companies
  • 200 Auxiliary committee for white-collar workers 10
  • 124 Construction 6
  • 115 Glass industry 4
  • 201 Independent retail 1

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

Division 46: Wholesale trade

Related activities

18 other activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Wholesale of construction materials, general range46831 1,765 43 12 11,692
Wholesale of diamonds and other precious stones46861 1,213 34 15 920
Wholesale of industrial chemicals46851 1,209 39 2 5,332
Wholesale of timber46832 839 18 4 5,118
Wholesale of solid, liquid and gaseous fuels and related products46810 826 44 5 2,868
Wholesale trade46820 718 41 2 1,910
Show all 18 activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Wholesale trade46841 496 12 2 3,268
Wholesale trade46842 460 18 2 4,095
Wholesale trade46869 422 16 1 1,477
Wholesale trade46872 407 16 7 899
Wholesale trade46839 380 17 2 982
Wholesale trade46833 231 9 0 925
Wholesale trade46835 165 12 1 317
Wholesale trade46852 163 8 0 308
Wholesale trade46836 156 3 1 470
Wholesale trade46879 124 15 1 126
Wholesale trade46890 58 38 0 6
Wholesale trade46871 18 2 1 8

Filed accounts of the division

NACE division 46 · financial year 2025 · 33,929 filed annual accounts
Median solvency
42.2%
Belgium 46.1%
Median net result
€17,167
Belgium €16,484
Median equity
€206,821
Belgium €98,270
Loss-making
28.8%
Belgium 26.7%
Negative equity
13.4%
Belgium 12.4%
Median return on equity
9.9%
Belgium 15.9%
Median liquidity
1.69
Belgium 1.66
Filed late
39.2%
financial year 2024, 30,950 filings · Belgium 38.5%
Missing or 90 days late
6.4%
of 37,488 companies with annual accounts · Belgium 5.4%
Per financial year20182019202020212022202320242025
Median solvency --37.5%38.8%39.1%40.4%41.5%42.5%
Median net result --€16,080€21,756€19,269€15,967€14,360€14,805
Filed late 40.3%47.7%43.9%43.4%41.7%40.4%39.2%-

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

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

9,634 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 6,070
10 to 49 FTE €70,000 €57,700 to €89,100 2,910
50 to 249 FTE €84,000 €67,400 to €119,700 556
250 FTE or more €80,200 €64,700 to €98,300 98

Employers with the highest staff cost per FTE in this division All sectors by staff cost In the Analysis workbench

Running bankruptcies in the sector

NACE division 46
Number
1,338
Half have run longer than
23 months
Belgium: 20 months
Longer than three years
34%
Belgium: 31%

Measured nationally: Of 108,768 bankruptcies of legal entities across Belgium, 49% were closed within five years for insufficient assets and 29% 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 13 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

45,457 registered companies
Companies with a foreign parent
2.0%
907 of 45,457; Belgium 0.3%
Staff at those companies
25%
49,926 of 202,533 FTE; Belgium 14%

Main parent countries: Netherlands (206), Germany (128) and France (118).Show on the map by municipality

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €266.7m awarded 6,710 recipients · 2022 to 2025 · largest: Dienstencheques
  • Wallonia-Brussels Federation €1.3m paid 17 recipients · 2021 to 2025 · largest: Conventions et contrats programmes indexés dans le domaine des centres culturels
  • 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)
  • 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

Inflow and structure. This activity holds 0.0% of the registrations of Wholesale trade.

Staff and filing. The 5 largest employers hold 89 of the 101 FTE: 88.5%.

The comparison with Belgium as a whole and with the other divisions is as of 12-11-2026 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 46834 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 1,276,395 companies with a main activity, because only those belong to a division. The other 700,135 registrations publish no activity.

For NACE 46834, 13 annual accounts of financial year 2025 were filed. That is too few for a median, which needs at least 30.

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