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Retail sale of meat and meat products, excluding game and poultry

Current registrations 3,009division 47: 115,448
Starters, 12 months 1414.7 per 100 · Belgium 8.9
Bankruptcies, 12 months 289.3 per 1,000 registrations · Belgium 6.2
Employment (FTE) 6,931483 employers · latest accounts
Median age 14.6 yearsBelgium 8.1 years
E-invoicing via Peppol 93.5%2,813 of 3,009 companies in the Peppol Directory · Belgium 85.0%

Filed accounts

NACE 47221 · financial year 2025 · 1,539 filed annual accounts
Median solvency
29.5%
division 35.1% · Belgium 46.1%
Median net result
€16,426
division €11,274 · Belgium €16,520
Median equity
€99,530
division €98,568 · Belgium €98,421
Loss-making
24.4%
division 29.5% · Belgium 26.7%
Negative equity
16.7%
division 16.9% · Belgium 12.4%
Median return on equity
19.0%
division 12.3% · Belgium 15.9%
Median liquidity
1.16
division 1.47 · Belgium 1.66
Filed late
44.8%
financial year 2024, 1,579 filings · division 46.7% · Belgium 38.4%
Missing or 90 days late
7.2%
of 1,733 companies with annual accounts · division 7.5% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 27.7%28.0%26.6%27.9%29.1%29.5%
Median net result €19,084€15,731€9,472€17,893€19,153€16,426

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

Bankruptcies

Bankruptcies, 5 years, still registered
85
2.82% of the registrations · Belgium 1.68%
Running bankruptcies
101
33.6 per 1,000 registrations

Recent bankruptcies

Date Company
05-11-2026 G&K Solutions
BE 0733.678.009
14-10-2026 AYLIZ
BE 1038.210.497
07-10-2026 Greenland Foods
BE 0770.343.811
05-10-2026 ETS AZOUAGH
BE 0758.693.220
30-09-2026 AYOUZE
BE 1013.711.168
25-09-2026 TIMGAD BLDC
BE 0762.444.546
21-09-2026 MUSTAFA
BE 1015.464.096
25-08-2026 DK CABS
BE 0559.857.274

Every bankruptcy in division 47, last 90 days

Spread across the country

by region and province · 2,070 of 3,009 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 1,338 · 64.6%
  • Wallonia 527 · 25.5%
  • Brussels 203 · 9.8%
  • Abroad 2 · 0.1%
fewer moremax 409

Largest employers

NACE 47221 as first main activity · staff from the latest accounts
  1. 1 QUALITY MEAT RENMANSMons 1,822 FTEfinancial year 2025
  2. 2 DUFRAISAubel 366 FTEfinancial year 2025
  3. 3 ATELIER CHARLIER WALLONIEAns 263 FTEfinancial year 2025
  4. 4 ADL-MOREAalter 84.4 FTEfinancial year 2025
  5. 5 Meat AtelierWortegem-Petegem 81.6 FTEfinancial year 2025

Joint committees

from the latest accounts of 798 companies
  • 201 Independent retail 674
  • 119 Food trade 452
  • 302 Hotels and catering 46
  • 200 Auxiliary committee for white-collar workers 24
  • 202 White-collar workers in food retail 11
  • 118 Food industry 9
  • 202.01 Medium-sized food businesses 5
  • 220 White-collar workers in the food industry 5
Show the 8 others
  • 144 Agriculture 4
  • 124 Construction 2
  • 100 Auxiliary committee for blue-collar workers 1
  • 101 Mining 1
  • 121 Cleaning 1
  • 132 Technical farming and horticulture work 1
  • 140.03 Road transport and logistics for third parties 1
  • 325 Public credit institutions 1

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

Division 47: Retail trade

Related activities

10 other activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Retail sale of fruit and vegetables47210 3,671 122 32 1,621
Other retail sale of food47279 2,443 325 24 1,420
Retail sale of bread and pastry (bakery outlets)47241 2,352 158 34 2,781
Retail sale of wines and spirits47251 2,328 292 9 140
Retail sale of beverages, general range47252 1,505 163 9 2,992
Retail sale of chocolate and confectionery47242 879 89 12 361
Show all 10 activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Retail trade47230 455 29 11 345
Retail trade47260 411 19 8 342
Retail trade47271 389 31 1 218
Retail trade47222 269 26 5 279

Bankruptcies per year in division 47

Per year201520162017201820192020202120222023202420252026
Bankruptcies1,3941,3821,4991,3741,4389317461,0761,1691,2991,294914
Jobs lost2,8933,4682,9132,7132,8924,0882,1122,1254,1563,9333,5112,092

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 47

11,335 employers
Median
€49,800
Belgium €61,400
Middle half
€39,600 to €63,800
half of the employers lie between
Place among sectors
73 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €50,500 €39,700 to €64,200 8,071
10 to 49 FTE €46,400 €38,700 to €60,900 2,866
50 to 249 FTE €57,600 €45,000 to €72,100 320
250 FTE or more €58,400 €47,500 to €70,900 78

Running bankruptcies in the sector

NACE division 47
Number
2,272
Half have run longer than
20 months
Belgium: 20 months
Longer than three years
29%
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

177 of the 60,397 companies in NACE division 47 have a parent company abroad. Main parent countries: Netherlands (54), France (51) and Germany (15). Together they employ 30,846 of the division's 222,349 FTE: 14%, against 14% for Belgium as a whole.

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €389.9m awarded 9,037 recipients · 2022 to 2025 · largest: Erkenning en subsidiëring als maatwerkafdeling
  • Federal transfers 11.7m amount as published 30 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 €31.7m paid 108 recipients · 2021 to 2025 · largest: Subventions aux organisations de jeunesse (décret du 20 juin 1980 et du 26 mars 2009)
  • EU budget €76.1m attributed share 24 recipients · 2021 to 2025 · largest: Information and communication technology
  • EU research €8.6m EU contribution 14 recipients · 2008 to 2026 · largest: Horizon 2020

Explore every recipient in this sector

Insights on Retail sale of meat and meat products, excluding game and poultry

Balance sheet and result. Solvency of 29.5% is below Belgium's 46.1%. 16.7% of the annual accounts show negative equity, against 12.4% in Belgium. Liquidity of 1.16 is below Belgium's 1.66.

Bankruptcies. The median bankruptcy probability of 0.7% is above Belgium's 0.2%. In 12 months, 9.3 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is more than in 84% of the 88 NACE divisions.

Inflow and structure. Half of the companies are younger than 14.6 years, against 8.1 years in Belgium. In 12 months, 4.7 of 100 companies started, against 8.9 in Belgium. That is fewer than in 70% of the 87 NACE divisions. 31.2% of the companies are sole traders, against 41.6% in Belgium.

Staff and filing. 44.8% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 2,617 of the 6,931 FTE: 37.8%.

Direction. Median solvency rose from 27.7% in financial year 2020 to 29.5% in financial year 2025. The median net result fell from €19,084 in financial year 2020 to €16,426 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 47221 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.