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Retail sale of lighting equipment

Current registrations 752division 47: 115,440
Starters, 12 months 243.2 per 100 · Belgium 8.9
Bankruptcies, 12 months 11.3 per 1,000 registrations · Belgium 6.2
Employment (FTE) 2,26184 employers · latest accounts
Median age 25.8 yearsBelgium 8.1 years
E-invoicing via Peppol 90.4%680 of 752 companies in the Peppol Directory · Belgium 85.0%

Filed accounts

NACE 47552 · financial year 2025 · 443 filed annual accounts
Median solvency
47.1%
division 35.1% · Belgium 46.1%
Median net result
€5,901
division €11,251 · Belgium €16,492
Median equity
€158,358
division €98,352 · Belgium €98,323
Loss-making
36.5%
division 29.5% · Belgium 26.7%
Negative equity
12.9%
division 17.0% · Belgium 12.4%
Median return on equity
5.4%
division 12.3% · Belgium 15.9%
Median liquidity
1.84
division 1.47 · Belgium 1.66
Filed late
41.8%
financial year 2024, 459 filings · division 46.7% · Belgium 38.4%
Missing or 90 days late
5.2%
of 479 companies with annual accounts · division 7.6% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 36.4%39.1%40.8%41.9%44.7%47.1%
Median net result €14,204€16,938€7,499€9,123€5,685€5,901

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

Bankruptcies

Bankruptcies, 5 years, still registered
8
1.06% of the registrations · Belgium 1.68%
Running bankruptcies
10
13.3 per 1,000 registrations

Recent bankruptcies

Date Company
31-07-2026 COSENTI
BE 1001.631.304
10-06-2025 IMMO SOPHIA
BE 0458.175.639
23-04-2025 LR. Lighting
BE 0752.789.482
12-03-2025 CASA INTERNATIONAL
BE 0435.132.397
08-11-2024 AAVES
BE 0829.690.686
06-01-2023 GOMLICHT
BE 0736.411.231
29-06-2022 GRUMIAU INVEST
BE 0633.979.627
14-01-2022 TP Group
BE 0501.817.523

Every bankruptcy in division 47, last 90 days

Spread across the country

by region and province · 522 of 752 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 331 · 63.4%
  • Wallonia 123 · 23.6%
  • Brussels 61 · 11.7%
  • Abroad 7 · 1.3%
fewer moremax 111

Largest employers

NACE 47552 as first main activity · staff from the latest accounts
  1. 1 JYSKSchoten 670 FTEfinancial year 2025
  2. 2 Mega World 463 FTEfinancial year 2019
  3. 3 CASA INTERNATIONALOlen 368 FTEfinancial year 2024
  4. 4 VOLUITEvergem 206 FTEfinancial year 2025
  5. 5 GLOBALL CONCEPTNivelles 37.0 FTEfinancial year 2025

Joint committees

from the latest accounts of 172 companies
  • 201 Independent retail 105
  • 200 Auxiliary committee for white-collar workers 35
  • 100 Auxiliary committee for blue-collar workers 32
  • 149.01 Electricians: installation and distribution 28
  • 124 Construction 18
  • 109 Clothing and garment industry 13
  • 149.04 Metal trade 8
  • 149 Sectors related to metal, mechanical and electrical engineering 4
Show the 12 others
  • 111 Metal, mechanical and electrical engineering 2
  • 112 Garages 2
  • 119 Food trade 2
  • 207 White-collar workers in the chemical industry 2
  • 209 White-collar workers in metal manufacturing 2
  • 215 White-collar workers in the clothing and garment industry 2
  • 311 Large retail businesses 2
  • 115 Glass industry 1
  • 116 Chemical industry 1
  • 125.03 Timber trade 1
  • 126 Furnishing and woodworking 1
  • 144 Agriculture 1

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

Division 47: Retail trade

Related activities

18 other activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Retail sale of household furniture47551 2,560 120 40 7,694
Retail sale of hardware, building materials, paint and glass (general range)47521 1,680 63 11 8,294
Retail sale of electrical household appliances47540 1,488 75 7 4,732
Retail sale of household textiles and bedding47512 1,257 43 4 2,037
Retail sale of other household articles47559 1,037 127 5 200
Retail trade47530 529 43 1 376
Show all 18 activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Retail trade47553 425 51 2 260
Retail trade47529 366 22 5 233
Retail trade47525 300 19 0 332
Retail trade47554 272 39 1 318
Retail trade47519 266 23 1 88
Retail trade47511 259 28 3 79
Retail trade47522 230 14 1 187
Retail trade47513 224 23 0 4
Retail trade47527 212 19 5 304
Retail trade47523 169 7 2 251
Retail trade47526 161 3 1 164
Retail trade47524 74 1 3 105

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

11,342 employers
Median
€49,800
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 8,079
10 to 49 FTE €46,300 €38,700 to €60,900 2,865
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
2,277
Half have run longer than
20 months
Belgium: 20 months
Longer than three years
29%
Belgium: 31%

Measured nationally: Of 108,651 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 10 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 60,413 companies in NACE division 47 have a parent company abroad. Main parent countries: Netherlands (54), France (51) and Germany (15). Together they employ 30,842 of the division's 222,368 FTE: 14%, against 14% for Belgium as a whole.

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €389.8m awarded 9,031 recipients · 2022 to 2025 · largest: Erkenning en subsidiëring als maatwerkafdeling
  • 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)
  • Federal transfers 11.7m amount as published 29 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)
  • 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 lighting equipment

Balance sheet and result. Return on equity of 5.4% is below Belgium's 15.9%. The median net result of €5,901 is below Belgium's €16,492. 36.5% of the annual accounts close with a loss, against 26.7% in Belgium.

Bankruptcies. The median bankruptcy probability of 0.3% is above Belgium's 0.2%.

Inflow and structure. Half of the companies are younger than 25.8 years, against 8.1 years in Belgium. In 12 months, 3.2 of 100 companies started, against 8.9 in Belgium. That is fewer than in 84% of the 87 NACE divisions. 30.6% of the companies are sole traders, against 41.6% in Belgium.

Staff and filing. The 5 largest employers hold 1,744 of the 2,261 FTE: 77.1%.

Direction. Median solvency rose from 36.4% in financial year 2020 to 47.1% in financial year 2025. The median net result fell from €14,204 in financial year 2020 to €5,901 in financial year 2025.

The comparison with Belgium as a whole and with the other divisions is as of 10-11-2026 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 47552 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 1,276,421 companies with a main activity, because only those belong to a division. The other 699,557 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.