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Wholesale trade

NACE 4685
Current registrations1,369
Starters, 12 months · division 46
2,901
Employment (FTE) · division 46
234,614
Median age · division 46
15.0 years

In NACE division 46, 4.7 companies per 100 started in the past twelve months, against 7.5 nationally; that is lower than that of 71% of the 87 NACE divisions with this figure. Comparison: as of 17-10-2026 05:30.

Key figures for NACE division 46

financial year 2025 · median over 29,250 filed annual accounts
Median solvency
42.9%
lower than 57% of the 79 divisions with this figure
Median equity
€181,392
higher than 61% of the 79 divisions with this figure
Median net result
€15,082
lower than 53% of the 79 divisions with this figure
Annual accounts in sample
29,250

Foreign control in NACE division 46

45,551 registered companies

Staff cost per FTE in NACE division 46

9,644 employers
Median
€64,800
Belgium €61,400
Middle half
€51,200 to €84,100
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 €60,400 €47,600 to €78,400 6,088
10 to 49 FTE €70,000 €57,500 to €88,900 2,902
50 to 249 FTE €83,900 €67,300 to €118,400 555
250 FTE or more €80,100 €64,700 to €98,300 99

Bankruptcies

past five years
Bankruptcies (5y)
9
Historical share
0.66%

Nationally, 1.61% of current registrations have a published bankruptcy opening in the past five years. This sector's historical share is lower than that of 69% of the 88 NACE divisions with this figure. The median bankruptcy probability in NACE division 46 is 0.4%, against 0.2% nationally, over 39,224 scored companies. Comparison: as of 17-10-2026 05:30.

Bankruptcies still running

NACE division 46
Running bankruptcies
1,337
Half have run longer than
23 months
Belgium: 20 months
Longer than three years
34%
Belgium: 31%

Measured nationally: Of 108,104 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entities across Belgium, 49% were closed within five years for insufficient assets and 28% after liquidation, 3% were withdrawn; 20% were still open after five years.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 17 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 · 1,337 of 1,369 enterprises with a registered office on file
Flanders 678 · 50.7%
Wallonia 398 · 29.8%
Unknown 135 · 10.1%
Brussels 126 · 9.4%

Recent bankruptcies in this sector

8
Date Company
05-05-2026 DOMO CHEMICALS HOLDING
BE 0424.251.076
25-11-2025 VENATOR BELGIUM
BE 0670.825.274
04-09-2025 CAFARAN
BE 0461.038.327
09-07-2025 Vecom
BE 0404.807.328
12-06-2025 DE MOL
BE 0881.305.673
27-02-2025 Sidaplax
BE 0401.087.377
17-06-2024 EC Trade
BE 0820.235.859
16-11-2023 Schäfer SB
BE 0419.627.542

Geographic distribution

by province · based on the registered office
fewer moremax 266

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €349.4m awarded 6,729 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 €525.1m attributed share 89 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

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 4685 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 46, not NACE 4685 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.