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Retail trade

NACE 47527
Current registrations211
Starters, 12 months · division 47
10,551
Employment (FTE) · division 47
239,074
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 with this figure. Comparison: as of 25-10-2026 05:30.

Key figures for NACE division 47

financial year 2025 · median over 40,240 filed annual accounts
Median solvency
35.0%
lower than 84% of the 79 divisions with this figure
Median equity
€89,209
lower than 63% of the 79 divisions with this figure
Median net result
€10,348
lower than 68% of the 79 divisions with this figure
Annual accounts in sample
40,240

Foreign control in NACE division 47

60,403 registered companies

Staff cost per FTE in NACE division 47

11,342 employers
Median
€49,700
Belgium €61,400
Middle half
€39,500 to €63,700
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 €39,600 to €64,200 8,085
10 to 49 FTE €46,500 €38,700 to €61,000 2,861
50 to 249 FTE €57,300 €45,100 to €72,100 318
250 FTE or more €58,400 €47,500 to €70,900 78

Bankruptcies

past five years
Bankruptcies (5y)
9
Historical share
4.27%

Nationally, 1.61% of current registrations have a published bankruptcy opening in the past five years. This sector's historical share is higher than that of 97% of the 88 NACE divisions with this figure. The median bankruptcy probability in NACE division 47 is 0.6%, against 0.2% nationally, over 56,814 scored companies. Comparison: as of 25-10-2026 05:30.

Bankruptcies still running

NACE division 47
Running bankruptcies
2,269
Half have run longer than
21 months
Belgium: 20 months
Longer than three years
29%
Belgium: 31%

Measured nationally: Of 108,245 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entities across Belgium, 49% were closed within five years for insufficient assets and 28% after liquidation, 3% were withdrawn; 20% were still open after five years.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 25 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 · 180 of 211 enterprises with a registered office on file
Flanders 123 · 68.3%
Wallonia 39 · 21.7%
Brussels 18 · 10.0%

Recent bankruptcies in this sector

8
Date Company
08-10-2026 VAN OZ
BE 1022.730.089
22-05-2026 AQUEA
BE 0835.383.794
13-03-2026 SANI.CV.BE
BE 0505.806.993
31-12-2025 RS badkamers Gimel
BE 0778.921.876
20-10-2025 Aquadesign Sorex Group
BE 0475.691.067
31-12-2024 Syndic New Gestion
BE 0738.904.626
23-10-2024 SANI CONSTRUCT GROUP
BE 0841.592.190
11-09-2023 KB INVEST
BE 0672.401.723

Geographic distribution

by province · based on the registered office
fewer moremax 32

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €415.4m awarded 9,042 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 2025 nomenclature, the one in which code 47527 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 47527 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.