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Retail trade

NACE 47785
Current registrations1,249
Starters, 12 months · division 47
10,519
Employment (FTE) · division 47
230,547
Median age · division 47
9.4 years

In NACE division 47, 9.0 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. Comparison: as of 04-10-2026 05:30.

Key figures for NACE division 47

fiscal year 2025 · median over 39,158 filed annual accounts
Median solvency
35.4%
lower than 81% of 79 divisions
Median equity
€90,474
lower than 62% of 79 divisions
Median net result
€10,512
lower than 67% of 79 divisions
Annual accounts in sample
39,158

Foreign control in NACE division 47

61,028 registered companies

Staff cost per FTE in NACE division 47

11,339 employers
Median
€49,700
Belgium €61,300
Middle half
€39,500 to €63,600
half of the employers lie between
Place among sectors
73 of 78
by median staff cost per FTE
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €50,500 €39,600 to €64,200 8,087
10 to 49 FTE €46,300 €38,600 to €60,700 2,854
50 to 249 FTE €57,100 €44,200 to €71,700 321
250 FTE or more €58,300 €47,400 to €69,100 77

Bankruptcies

past five years
Bankruptcies (5y)
29
Historical share
2.32%

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 75% of the 88 NACE divisions. The median bankruptcy probability in NACE division 47 is 0.6%, against 0.2% nationally, over 57,537 scored companies. Comparison: as of 04-10-2026 05:30.

Bankruptcies still running

NACE division 47
Running bankruptcies
2,324
Half have run longer than
20 months
Belgium: 21 months
Longer than three years
28%
Belgium: 31%

Measured nationally: Of 107,664 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entities across Belgium, 49% were closed within five years for insufficient assets and 28% after liquidation, 3% were withdrawn; 20% were still open after five years.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 4 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 · 849 of 1,249 enterprises with a registered office on file
Flanders 670 · 78.9%
Wallonia 129 · 15.2%
Brussels 50 · 5.9%

Recent bankruptcies in this sector

8
Date Company
18-08-2026 ACCELL BELGIE
BE 0825.594.021
20-07-2026 D.R.D.V.
BE 0862.787.878
15-06-2026 TREEBIKE
BE 0745.791.923
26-05-2026 AVENUE DISTRIBUTION
BE 0552.970.472
19-05-2026 EVO STORE NAMUR
BE 0797.806.291
04-05-2026 SAUNA & WELLNESS LA LUNA
BE 0885.149.546
15-04-2026 Fietsboetiek
BE 0468.543.058
07-04-2026 Voltaire Belgium
BE 1011.522.928

Geographic distribution

by province · based on the establishment address
fewer moremax 185

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €417.2m awarded 9,108 recipients · 2022 to 2025 · largest: Erkenning en subsidiëring als maatwerkafdeling
  • Federal transfers 49.2m amount as published 31 recipients · 2023 to 2025 · largest: Toelagen OCMW's recht op maatschappelijke integratie
  • Wallonia-Brussels Federation €37.6m paid 113 recipients · 2021 to 2025 · largest: Subventions aux organisations de jeunesse (décret du 20 juin 1980 et du 26 mars 2009)
  • EU budget €76.7m attributed share 25 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 2008 nomenclature, the one in which code 47785 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 47785 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.