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Land transport and transport via pipelines

Current registrations 60division 49: 23,147
Starters, 12 months 711.7 per 100 · Belgium 8.9
Bankruptcies, 12 months 466.7 per 1,000 registrations · Belgium 6.2
Employment (FTE) 1,39616 employers · latest accounts
Median age 9.3 yearsBelgium 8.1 years
E-invoicing via Peppol 81.7%49 of 60 companies in the Peppol Directory · Belgium 85.0%

Filed accounts

NACE 49200 · financial year 2025 · 33 filed annual accounts
Median solvency
25.4%
division 37.3% · Belgium 46.1%
Median net result
€73
division €10,052 · Belgium €16,497
Median equity
€221,367
division €68,393 · Belgium €98,338
Loss-making
48.5%
division 27.8% · Belgium 26.7%
Negative equity
12.1%
division 13.0% · Belgium 12.4%
Median liquidity
1.28
division 1.30 · Belgium 1.66
Filed late
43.6%
financial year 2024, 39 filings · division 49.0% · Belgium 38.4%
Missing or 90 days late
15.9%
of 44 companies with annual accounts · division 9.4% · Belgium 5.4%
Per financial year20212022202320242025
Median solvency 23.4%19.9%20.7%22.7%25.4%
Median net result €25,591€3,892€2,751€7,861€73

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

Bankruptcies

Bankruptcies, 5 years, still registered
5
8.33% of the registrations · Belgium 1.68%
Running bankruptcies
5
83.3 per 1,000 registrations

Recent bankruptcies

Date Company
28-09-2026 VAN HOUCK
BE 0678.364.550
04-02-2026 AIRLINE SERVICE AGENT
BE 0717.608.869
29-01-2026 SYB
BE 1008.421.205
13-11-2025 MAT’TOP TRADE
BE 0767.664.631
04-02-2025 J.M BUSINESS
BE 0840.416.017

Every bankruptcy in division 49, last 90 days

Spread across the country

by region and province · 59 of 60 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 37 · 62.7%
  • Brussels 11 · 18.6%
  • Wallonia 7 · 11.9%
  • Abroad 4 · 6.8%
fewer moremax 13

Largest employers

NACE 49200 as first main activity · staff from the latest accounts
  1. 1 LINEASSchaerbeek 841 FTEfinancial year 2025
  2. 2 BLS Cargo NordAntwerp 186 FTEfinancial year 2025
  3. 3 RAILTRAXXAntwerp 106 FTEfinancial year 2025
  4. 4 NORTRAFFICEvergem 79.0 FTEfinancial year 2025
  5. 5 Medway BelgiumAntwerp 59.4 FTEfinancial year 2025

Companies

60 with this main activity

Joint committees

from the latest accounts of 15 companies
  • 226 White-collar workers in international trade, transport and logistics 11
  • 140.03 Road transport and logistics for third parties 3
  • 200 Auxiliary committee for white-collar workers 2
  • 104 Steel industry 1
  • 140 Transport and logistics 1
  • 140.02 Taxis 1
  • 210 White-collar workers in the steel industry 1

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

Division 49: Land transport

Related activities

9 other activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Freight transport by road49410 12,327 989 307 52,105
On-demand passenger transport by chauffeured vehicle49330 6,595 1,151 63 2,379
Non-scheduled passenger transport by road49320 2,545 217 28 6,528
Removal services49420 987 130 21 1,373
Scheduled passenger transport by road49310 941 130 14 27,585
Land transport and transport via pipelines49390 226 116 0 -
Show all 9 activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Land transport and transport via pipelines49500 97 6 2 986
Land transport and transport via pipelines49110 26 1 0 414
Land transport and transport via pipelines49120 4 0 0 -

Bankruptcies per year in division 49

Per year201520162017201820192020202120222023202420252026
Bankruptcies242228283265311226272360398456551420
Jobs lost6586617066667536488881,0461,4831,4341,9251,484

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 49

2,214 employers
Median
€61,500
Belgium €61,400
Middle half
€51,200 to €71,200
half of the employers lie between
Place among sectors
56 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €61,700 €49,200 to €73,700 917
10 to 49 FTE €61,000 €51,300 to €69,800 1,013
50 to 249 FTE €63,000 €56,900 to €71,000 256
250 FTE or more €71,600 €62,300 to €79,200 28

Running bankruptcies in the sector

NACE division 49
Number
913
Half have run longer than
19 months
Belgium: 20 months
Longer than three years
30%
Belgium: 31%

Measured nationally: Of 108,621 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 9 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

70 of the 15,640 companies in NACE division 49 have a parent company abroad. Main parent countries: Netherlands (35), Luxembourg (15) and France (7). Together they employ 6,526 of the division's 92,766 FTE: 7.0%, against 14% for Belgium as a whole.

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €100.7m awarded 3,147 recipients · 2022 to 2025 · largest: Ecologiepremie+
  • Wallonia-Brussels Federation €70,602 paid 2 recipients · 2024 to 2025 · largest: Unnamed in the register
  • Federal transfers 6.49bn amount as published 8 recipients · 2023 to 2025 · largest: Deelname van de Staat in het kapitaal van de NMBS met oog op de financiering van de investeringen ten gunste van NMBS
  • EU budget €95.5m attributed share 15 recipients · 2021 to 2025 · largest: Connecting Europe Facility, Transport
  • EU research €8.7m EU contribution 13 recipients · 2008 to 2026 · largest: Seventh Framework Programme

Explore every recipient in this sector

Insights on Land transport and transport via pipelines

Balance sheet and result. The median net result of €73 is below Belgium's €16,497. 48.5% of the annual accounts close with a loss, against 26.7% in Belgium. Solvency of 25.4% is below Belgium's 46.1%.

Bankruptcies. The median bankruptcy probability of 1.2% is above Belgium's 0.2%.

Inflow and structure. 1.7% of the companies are sole traders, against 41.6% in Belgium. Brussels holds 20.0% of the seats, against 12.5% in Belgium. In 12 months, 11.7 of 100 companies started, against 8.9 in Belgium. That is more than in 86% of the 87 NACE divisions.

Staff and filing. 43.6% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 1,272 of the 1,396 FTE: 91.1%.

Direction. Median solvency rose from 23.4% in financial year 2021 to 25.4% in financial year 2025. The median net result fell from €25,591 in financial year 2021 to €73 in financial year 2025.

The comparison with Belgium as a whole and with the other divisions is as of 09-11-2026 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 49200 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 1,276,461 companies with a main activity, because only those belong to a division. The other 699,442 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.