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Retail trade

NACE 47410
Current registrations2,193
Starters, 12 months · division 47
10,516
Employment (FTE) · division 47
237,362
Median age · division 47
9.5 years

In NACE division 47, 9.1 companies per 100 started in the past twelve months, against 7.5 nationally; that is higher than that of 66% of the 87 NACE divisions. Comparison: as of 11-10-2026 05:30.

Key figures for NACE division 47

financial year 2025 · median over 39,259 filed annual accounts
Median solvency
35.2%
lower than 84% of 79 divisions
Median equity
€90,270
lower than 63% of 79 divisions
Median net result
€10,566
lower than 67% of 79 divisions
Annual accounts in sample
39,259

Foreign control in NACE division 47

61,052 registered companies

Staff cost per FTE in NACE division 47

11,334 employers
Median
€49,700
Belgium €61,300
Middle half
€39,500 to €63,600
half of the employers lie between
Place among sectors
73 of 78
by median staff cost per FTE
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €50,500 €39,600 to €64,100 8,084
10 to 49 FTE €46,300 €38,600 to €60,900 2,853
50 to 249 FTE €57,200 €44,500 to €71,900 320
250 FTE or more €58,300 €47,400 to €69,100 77

Bankruptcies

past five years
Bankruptcies (5y)
54
Historical share
2.46%

Nationally, 1.60% of current registrations have a published bankruptcy opening in the past five years. This sector's historical share is higher than that of 78% of the 88 NACE divisions. The median bankruptcy probability in NACE division 47 is 0.6%, against 0.2% nationally, over 56,764 scored companies. Comparison: as of 11-10-2026 05:30.

Bankruptcies still running

NACE division 47
Running bankruptcies
2,259
Half have run longer than
21 months
Belgium: 21 months
Longer than three years
29%
Belgium: 31%

Measured nationally: Of 107,837 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entities across Belgium, 49% were closed within five years for insufficient assets and 28% after liquidation, 3% were withdrawn; 20% were still open after five years.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 11 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 · 1,563 of 2,193 enterprises with a registered office on file
Flanders 975 · 62.4%
Wallonia 396 · 25.3%
Brussels 191 · 12.2%
Unknown 1 · 0.1%

Recent bankruptcies in this sector

8
Date Company
30-09-2026 FDR Trade & services
BE 0537.592.608
25-06-2026 Systemat Infrastructure Solutions
BE 0643.976.466
15-06-2026 SMARTFIX
BE 0795.177.690
26-05-2026 V.I.S.
BE 0896.051.851
20-05-2026 MINEX
BE 0888.066.474
20-04-2026 BE ACCESS
BE 0695.822.768
10-03-2026 TRW PROJECT
BE 0744.493.608
04-03-2026 GOLDEN GATE
BE 0545.954.107

Geographic distribution

by province · based on the establishment address
fewer moremax 257

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €415.4m awarded 9,055 recipients · 2022 to 2025 · largest: Erkenning en subsidiëring als maatwerkafdeling
  • Federal transfers 50.6m amount as published 38 recipients · 2023 to 2025 · largest: Toelagen OCMW's recht op maatschappelijke integratie
  • Wallonia-Brussels Federation €36.2m paid 112 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 €8.5m eu contribution 13 recipients · 2008 to 2026 · 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 2008 nomenclature, the one in which code 47410 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 47, not NACE 47410 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.