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Retail trade

NACE 47722
Enterprises419
Bankruptcies (5y)8
Failure rate1.91%

Nationally 1.50% of enterprises go bankrupt within five years; this failure rate is higher than that of 74% of the 88 NACE divisions. The median bankruptcy probability in NACE division 47 is 0.9%, against 0.5% nationally, over 50,723 scored companies.

Key figures for NACE division 47

fiscal year 2025 · median over 31,738 filed annual accounts
Median solvency
35.9%
lower than 80% of 79 divisions
Median equity
€97k
lower than 61% of 79 divisions
Median net result
€11k
lower than 67% of 79 divisions
Annual accounts in sample
31,738

Regional split

by region · 229 of 419 enterprises with a registered office on file
Vlaanderen 113 · 49.3%
Wallonië 62 · 27.1%
Brussel 52 · 22.7%
Unknown 2 · 0.9%

Recent bankruptcies in this sector

8
Date Company
09-04-2026 KARWAN
BE 0423.054.018
18-11-2025 Luciani & Figlie
BE 0768.942.853
24-09-2025 FIRST STAR COMPANY
BE 1012.158.079
06-06-2025 LDW BELGIQUE
BE 0891.881.346
08-01-2025 EMMANUELLE
BE 0414.534.646
06-11-2024 GILANCE
BE 0402.622.848
25-03-2024 FRAMACO
BE 0421.974.249
15-02-2024 MORMINA
BE 0899.668.565

Geographic distribution

by province · based on the establishment address
fewer moremax 52
How these figures are counted

Enterprises are counted by their primary NACE; establishment units are not counted. Counted in the KBO's NACE 2025 nomenclature, the one in which code 47722 exists.

Bankruptcies and the failure rate are attributed by each company's current primary NACE, not the NACE at the time of bankruptcy (which the gazette does not record).

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 47722 on its own: there are too few filed annual accounts per five-digit code to compute them separately. Medians over NBB annual accounts, all schema types combined.