Retail trade

NACE 475

Current registrations12,035

Starters, 12 months · division 4710,543

Employment (FTE) · division 47239,655

Median age · division 479.4 years

In NACE division 47, 9.0 companies per 100 started in the past twelve months, against 7.5 nationally; that is higher than that of 67% of the 87 NACE divisions. Comparison: as of 27-09-2026 05:30.

Key figures for NACE division 47

fiscal year 2025 · median over 33,231 filed annual accounts

Median solvency

35.5%

lower than 80% of 79 divisions

Median equity

€93,438

lower than 61% of 79 divisions

Median net result

€10,577

lower than 67% of 79 divisions

Annual accounts in sample

33,231

Bankruptcies

past five years

Bankruptcies (5y)

274

Historical share

2.28%

Nationally, 1.41% of current registrations have a published bankruptcy opening in the past five years. This sector's historical share is higher than that of 81% of the 88 NACE divisions. The median bankruptcy probability in NACE division 47 is 0.8%, against 0.5% nationally, over 57,476 scored companies. Comparison: as of 27-09-2026 05:30.

Regional split

by region · 8,506 of 12,035 enterprises with a registered office on file

Flanders 5,108 · 60.1%

Wallonia 2,340 · 27.5%

Brussels 1,048 · 12.3%

Unknown 10 · 0.1%

Recent bankruptcies in this sector

Date	Company
25-09-2026	Siblings BE 0674.828.010
21-09-2026	CHEMINEES DANNEELS BE 0437.694.979
21-09-2026	MOOMENN BE 1010.035.561
09-09-2026	PARKET VANDEWINKEL BE 0894.931.403
07-09-2026	DEPOT DESIGN BE 0653.856.115
02-09-2026	id³ bvba BE 0467.561.477
02-09-2026	5 M.G CORPORATE BE 0748.849.007
26-08-2026	ZATZON BE 0476.764.205

Geographic distribution

by province · based on the establishment address

West Flanders WVL 955

East Flanders OVL 1,094

Antwerp ANT 1,544

Flemish Brabant VLB 752

Limburg LIM 763

Brussels BRU 1,048

Hainaut HAI 730

Walloon Brabant WBR 387

Namur NAM 350

Liège LIE 701

Luxembourg LUX 172

fewer moremax 1,544

Public money in this sector

per register · legal entities with an enterprise number

Flemish subsidies €417.2m awarded 9,108 recipients · 2022 to 2025 · largest: Erkenning en subsidiëring als maatwerkafdeling
Federal transfers 49.7m amount as published 32 recipients · 2023 to 2025 · largest: Toelagen OCMW's recht op maatschappelijke integratie
Wallonia-Brussels Federation €37.6m paid 113 recipients · 2021 to 2025 · largest: Subventions aux organisations de jeunesse (décret du 20 juin 1980 et du 26 mars 2009)
EU budget €76.7m attributed share 25 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 2025 nomenclature, the one in which code 475 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 475 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.