Retail trade
No bankruptcy in the past five years.
Spread across the country
by region and province · 13 of 34 enterprises with a registered office on file · a sole trader has no published seat- Brussels
- Wallonia
- Flanders
- Abroad
The balance sheets of division 47 on the map, by municipality and down to the address
Largest employers
NACE 47622 as first main activity · staff from the latest accounts- 1 ToranWevelgem 2.4 FTEfinancial year 2025
- 2 BONNETWaregem 1.8 FTEfinancial year 2026
- 3 DUYVEJONCK - BELAENKortrijk 1.0 FTEfinancial year 2023
- 4 SOPHILIPNivelles 0.5 FTEfinancial year 2025
Companies
34 with this main activity- Toran Wevelgem · 2.4 FTE
- BONNET Waregem · 1.8 FTE
- DUYVEJONCK - BELAEN Kortrijk · 1.0 FTE
- SOPHILIP Nivelles · 0.5 FTE
- Ackerman, Laurence sole trader · Berchem-Sainte-Agathe
- Ben Ayad, Mohamed sole trader · Antwerp
- Cornelissen, Casper sole trader · Evergem
- DAFPAPET Charleroi
- De Backer, Olivia sole trader · Fleurus
- Debognies, Frédéric sole trader · Halle
- Defrance, Virginie sole trader · Forest
- Dermaut, Bert sole trader · Avelgem
- Doumont, Cédric sole trader · Flémalle
- Grebe, Elvita sole trader · Herentals
- Grünnfeld, Toby sole trader · Antwerp
- Huygh, Silke sole trader · Tervuren
- Kapopoulos, Maïté sole trader · Frameries
- Kempeneers, Prescillia sole trader · Andenne
- Leon Prieto, Raquel sole trader · Wavre
- LIBRE@VOUS Orp-Jauche
- L&S Partners Beauraing
- Maison Meyhui Waregem
- Moeremans, Manon sole trader · Namur
- PANDA PLUS Brussels
- PAPIER BRUSSELS Etterbeek
- PRIXOS DIRECT Schaerbeek
- Repoussez, Marine sole trader · Binche
- Robert, Elise sole trader · Gembloux
- SASS PRESSE Molenbeek-Saint-Jean
- Schuffelers, Kurt sole trader · Lanaken
- Ungar, Avraham sole trader · Antwerp
- Van den Plas, Natalie sole trader · Antwerp
- Van Gasse, Linda sole trader · Manage
- Wordsworth & Black LTD London
Joint committees
from the latest accounts of 2 companies- 201 Independent retail 1
- 315.02 Commercial aviation 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 newspapers and periodicals47621 | 2,280 | 76 | 24 | 1,856 |
| 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 | 1,279 | 145 | 9 | 202 |
| Retail sale of games and toys47640 | 1,025 | 254 | 5 | 1,069 |
| Retail trade47610 | 607 | 72 | 4 | 434 |
Show all 7 activities
| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| Retail trade47631 | 127 | 3 | 1 | 49 |
Filed accounts of the division
NACE division 47 · financial year 2025 · 46,926 filed annual accounts| Per financial year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Median solvency | - | - | 32.1% | 33.6% | 33.1% | 33.3% | 33.9% | 34.8% |
| Median net result | - | - | €13,050 | €14,306 | €10,117 | €9,591 | €9,704 | €10,249 |
| Filed late | 47.4% | 54.3% | 52.4% | 50.6% | 49.7% | 48.3% | 46.7% | - |
Hold your customer's or competitor's figures against them in the Sector benchmark
Bankruptcies per year in division 47
| Per year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bankruptcies | 1,394 | 1,382 | 1,499 | 1,374 | 1,438 | 931 | 746 | 1,076 | 1,169 | 1,299 | 1,294 | 914 |
| Jobs lost | 2,893 | 3,468 | 2,913 | 2,713 | 2,892 | 4,088 | 2,112 | 2,125 | 4,156 | 3,933 | 3,511 | 2,092 |
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
11,341 employers| Size | Median | Middle half | Employers |
|---|---|---|---|
| fewer than 10 FTE | €50,500 | €39,600 to €64,200 | 8,078 |
| 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 |
Employers with the highest staff cost per FTE in this division All sectors by staff cost In the Analysis workbench
Running bankruptcies in the sector
NACE division 47Measured nationally: Of 108,725 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 11 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.
177 of the 60,414 companies in NACE division 47 have a parent company abroad. Main parent countries: Netherlands (54), France (51) and Germany (15). Together they employ 30,845 of the division's 222,367 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
- Wallonia-Brussels Federation €31.7m paid
- Federal transfers 11.7m amount as published
- EU budget €76.1m attributed share
- EU research €8.6m EU contribution
Insights on Retail trade
Inflow and structure. In 12 months, 70.6 of 100 companies started, against 8.9 in Belgium. No NACE division counts more. Half of the companies are younger than 0.7 years, against 8.1 years in Belgium. 61.8% of the companies are sole traders, against 41.6% in Belgium.
Staff and filing. The 4 largest employers hold 6 of the 6 FTE: 100.0%.
The comparison with Belgium as a whole and with the other divisions is as of 11-11-2026 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 47622 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 1,276,472 companies with a main activity, because only those belong to a division. The other 699,781 registrations publish no activity.
For NACE 47622, 5 annual accounts of financial year 2025 were filed. That is too few for a median, which needs at least 30.