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Retail sale of newspapers and periodicals

Current registrations 2,280division 47: 115,448
Starters, 12 months 753.3 per 100 · Belgium 8.9
Bankruptcies, 12 months 2511.0 per 1,000 registrations · Belgium 6.2
Employment (FTE) 1,856161 employers · latest accounts
Median age 17.7 yearsBelgium 8.1 years
E-invoicing via Peppol 91.6%2,089 of 2,280 companies in the Peppol Directory · Belgium 85.0%

Filed accounts

NACE 47621 · financial year 2025 · 1,144 filed annual accounts
Median solvency
43.2%
division 35.1% · Belgium 46.1%
Median net result
€7,704
division €11,274 · Belgium €16,520
Median equity
€78,486
division €98,568 · Belgium €98,421
Loss-making
29.7%
division 29.5% · Belgium 26.7%
Negative equity
13.8%
division 16.9% · Belgium 12.4%
Median return on equity
10.0%
division 12.3% · Belgium 15.9%
Median liquidity
1.75
division 1.47 · Belgium 1.66
Filed late
55.6%
financial year 2024, 1,207 filings · division 46.7% · Belgium 38.4%
Missing or 90 days late
9.6%
of 1,325 companies with annual accounts · division 7.5% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 39.1%41.2%39.9%40.8%41.8%43.2%
Median net result €11,304€8,954€6,109€5,557€6,749€7,704

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

Bankruptcies

Bankruptcies, 5 years, still registered
72
3.16% of the registrations · Belgium 1.68%
Running bankruptcies
87
38.2 per 1,000 registrations

Recent bankruptcies

Date Company
20-10-2026 YDE GROUP
BE 0759.698.852
07-10-2026 PKD
BE 0860.683.572
06-10-2026 KR 76
BE 1000.190.457
28-09-2026 MA.TU
BE 0667.616.356
21-09-2026 A&M STRUCTUR
BE 0799.316.424
02-09-2026 Springuel, Luna
BE 1018.878.397 · sole trader · Ghent
03-08-2026 Rogge, Sébastien
BE 1021.577.769 · sole trader · Lessines
28-07-2026 Claise, Stéphane
BE 0534.707.253 · sole trader · Ecaussinnes

Every bankruptcy in division 47, last 90 days

Spread across the country

by region and province · 1,591 of 2,280 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 837 · 52.6%
  • Wallonia 471 · 29.6%
  • Brussels 281 · 17.7%
  • Abroad 2 · 0.1%
fewer moremax 300

Largest employers

NACE 47621 as first main activity · staff from the latest accounts
  1. 1 LYRECO BELGIUMHerstal 266 FTEfinancial year 2025
  2. 2 STANDAARD BOEKHANDELSint-Niklaas 202 FTEfinancial year 2025
  3. 3 PRESS SHOP AND MOREGrimbergen 127 FTEfinancial year 2025
  4. 4 INTELLBrussels 83.8 FTEfinancial year 2023
  5. 5 ACADEMISCHE COOPERATIEVE VENNOOTSCHAPLeuven 57.1 FTEfinancial year 2025

Joint committees

from the latest accounts of 372 companies
  • 201 Independent retail 325
  • 100 Auxiliary committee for blue-collar workers 61
  • 200 Auxiliary committee for white-collar workers 22
  • 302 Hotels and catering 16
  • 130 Printing, graphic arts and newspapers 11
  • 119 Food trade 5
  • 311 Large retail businesses 4
  • 329.01 Socio-cultural sector 2
Show the 12 others
  • 337 Auxiliary committee for the non-profit sector 2
  • 101 Mining 1
  • 102 Quarries 1
  • 118 Food industry 1
  • 121 Cleaning 1
  • 124 Construction 1
  • 127 Fuel trade 1
  • 145 Horticulture 1
  • 149.01 Electricians: installation and distribution 1
  • 149.04 Metal trade 1
  • 202 White-collar workers in food retail 1
  • 329 Socio-cultural sector 1

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

Division 47: Retail trade

Related activities

7 other activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Retail sale of bicycles47632 1,448 87 10 1,372
Retail sale of other sporting goods47639 1,301 102 7 854
Retail sale of other cultural and recreation goods47690 1,277 145 9 202
Retail sale of games and toys47640 1,027 255 5 1,069
Retail trade47610 607 72 4 435
Retail trade47631 127 3 1 49
Show all 7 activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Retail trade47622 33 24 0 6

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 newspapers and periodicals

Balance sheet and result. The median net result of €7,704 is below Belgium's €16,520. Return on equity of 10.0% is below Belgium's 15.9%. 13.8% of the annual accounts show negative equity, against 12.4% in Belgium.

Bankruptcies. In 12 months, 11.0 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is more than in 91% of the 88 NACE divisions. The median bankruptcy probability of 0.5% is above Belgium's 0.2%.

Inflow and structure. Half of the companies are younger than 17.7 years, against 8.1 years in Belgium. In 12 months, 3.3 of 100 companies started, against 8.9 in Belgium. That is fewer than in 83% of the 87 NACE divisions. Brussels holds 17.7% of the seats, against 12.5% in Belgium.

Staff and filing. 55.6% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 736 of the 1,856 FTE: 39.6%.

Direction. Median solvency rose from 39.1% in financial year 2020 to 43.2% in financial year 2025. The median net result fell from €11,304 in financial year 2020 to €7,704 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 47621 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.