Scheduled passenger transport by road
Filed accounts
NACE 49310 · financial year 2025 · 436 filed annual accounts| Per financial year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Median solvency | 37.6% | 46.2% | 45.5% | 45.2% | 42.2% | 39.2% |
| Median net result | €1,865 | €9,456 | €5,356 | €7,830 | €6,036 | €3,438 |
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Bankruptcies
Recent bankruptcies
| Date | Company |
|---|---|
| 13-10-2026 | FCW Services
BE 1036.647.413 |
| 06-10-2026 | NORD SUD
BE 0795.577.865 |
| 21-09-2026 | COLIS ONE
BE 0635.515.294 |
| 25-08-2026 | Schepens, Philip
BE 0693.925.429 · sole trader · Herentals |
| 23-06-2026 | "KING'S ENTREPRISE
BE 0689.600.120 |
| 22-06-2026 | ZS.A
BE 0753.454.626 |
| 28-05-2026 | MEGABEL GROUP
BE 0567.865.021 |
| 19-05-2026 | Ameye, Vicky
BE 0736.804.080 · sole trader · Izegem |
Spread across the country
by region and province · 737 of 940 enterprises with a registered office on file · a sole trader has no published seat- Brussels
- Flanders
- Wallonia
- Abroad
The balance sheets of division 49 on the map, by municipality and down to the address
Largest employers
NACE 49310 as first main activity · staff from the latest accounts- 1 MAATSCHAPPIJ VOOR HET INTERCOMMUNAAL VERVOER TE BRUSSELBrussels 10,278 FTEfinancial year 2025
- 2 Vlaamse Vervoermaatschappij - De LijnMechelen 7,637 FTEfinancial year 2025
- 3 OPERATEUR DE TRANSPORT DE WALLONIENamur 6,183 FTEfinancial year 2025
- 4 Transports PenningTintigny 292 FTEfinancial year 2025
- 5 Eurobussing BrusselsBrussels 171 FTEfinancial year 2025
Joint committees
from the latest accounts of 125 companies- 200 Auxiliary committee for white-collar workers 79
- 140 Transport and logistics 51
- 140.01 Buses and coaches 43
- 140.02 Taxis 9
- 140.03 Road transport and logistics for third parties 7
- 112 Garages 5
- 226 White-collar workers in international trade, transport and logistics 5
- 109 Clothing and garment industry 1
Show the 6 others
- 124 Construction 1
- 302 Hotels and catering 1
- 328 Urban and regional transport 1
- 328.02 Urban and regional transport 1
- 328.03 Urban and regional transport 1
- 337 Auxiliary committee for the non-profit sector 1
Source: the annual accounts at the National Bank. One filing can name more than one committee.
Division 49: Land transport
Related activities
3 other activities| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| On-demand passenger transport by chauffeured vehicle49330 | 6,598 | 1,152 | 63 | 2,379 |
| Non-scheduled passenger transport by road49320 | 2,544 | 216 | 28 | 6,531 |
| Land transport and transport via pipelines49390 | 224 | 115 | 0 | - |
Bankruptcies per year in division 49
| Per year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bankruptcies | 242 | 228 | 283 | 265 | 311 | 226 | 272 | 360 | 398 | 456 | 551 | 420 |
| Jobs lost | 658 | 661 | 706 | 666 | 753 | 648 | 888 | 1,046 | 1,483 | 1,434 | 1,925 | 1,484 |
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| Size | Median | Middle half | Employers |
|---|---|---|---|
| fewer than 10 FTE | €61,700 | €49,100 to €73,600 | 918 |
| 10 to 49 FTE | €61,000 | €51,300 to €69,900 | 1,012 |
| 50 to 249 FTE | €63,000 | €56,900 to €71,000 | 256 |
| 250 FTE or more | €71,600 | €62,300 to €79,200 | 28 |
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 49Measured 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.
70 of the 15,645 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 92,768 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
- Federal transfers 6.49bn amount as published
- Wallonia-Brussels Federation €70,602 paid
- EU budget €95.5m attributed share
- EU research €8.7m EU contribution
Insights on Scheduled passenger transport by road
Balance sheet and result. The median net result of €3,438 is below Belgium's €16,520. 17.0% of the annual accounts show negative equity, against 12.4% in Belgium. Liquidity of 1.15 is below Belgium's 1.66.
Bankruptcies. The median bankruptcy probability of 2.0% is above Belgium's 0.2%. In 12 months, 14.9 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is more than in 94% of the 88 NACE divisions.
Inflow and structure. Brussels holds 43.3% of the seats, against 12.5% in Belgium. In 12 months, 13.7 of 100 companies started, against 8.9 in Belgium. That is more than in 93% of the 87 NACE divisions. 21.5% of the companies are sole traders, against 41.6% in Belgium.
Staff and filing. 55.8% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 24,561 of the 27,585 FTE: 89.0%.
Direction. Median solvency rose from 37.6% in financial year 2020 to 39.2% in financial year 2025. The median net result rose from €1,865 in financial year 2020 to €3,438 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 49310 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.