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Land transport and transport via pipelines

Current registrations 97division 49: 23,146
Starters, 12 months 66.2 per 100 · Belgium 8.9
Bankruptcies, 12 months 220.6 per 1,000 registrations · Belgium 6.2
Employment (FTE) 98611 employers · latest accounts
Median age 10.1 yearsBelgium 8.1 years
E-invoicing via Peppol 84.5%82 of 97 companies in the Peppol Directory · Belgium 85.0%

Filed accounts

NACE 49500 · financial year 2025 · 59 filed annual accounts
Median solvency
30.8%
division 37.3% · Belgium 46.1%
Median net result
€13,904
division €10,060 · Belgium €16,500
Median equity
€55,798
division €68,422 · Belgium €98,350
Loss-making
27.3%
division 27.8% · Belgium 26.7%
Negative equity
16.9%
division 13.0% · Belgium 12.4%
Median return on equity
15.3%
division 13.5% · Belgium 15.9%
Median liquidity
1.29
division 1.30 · Belgium 1.66
Filed late
54.7%
financial year 2024, 64 filings · division 49.0% · Belgium 38.4%
Missing or 90 days late
11.1%
of 72 companies with annual accounts · division 9.4% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 35.9%32.6%31.9%33.2%35.4%30.8%
Median net result €9,891€13,783€8,314€9,280€13,572€13,904

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

Bankruptcies

Bankruptcies, 5 years, still registered
6
6.19% of the registrations · Belgium 1.68%
Running bankruptcies
6
61.9 per 1,000 registrations

Recent bankruptcies

Date Company
28-09-2026 BOI
BE 0550.811.827
10-11-2025 PKB TRANSPORTS
BE 1006.502.880
22-10-2025 RED Benelux
BE 0662.565.527
17-04-2025 GOW!
BE 0508.614.748
04-09-2024 Pendje, Richard
BE 0685.408.334 · sole trader · Ronse
24-05-2023 WELBEN TRANSPORT
BE 0676.801.860

Every bankruptcy in division 49, last 90 days

Spread across the country

by region and province · 92 of 97 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 61 · 66.3%
  • Brussels 17 · 18.5%
  • Wallonia 12 · 13.0%
  • Abroad 2 · 2.2%
fewer moremax 23

Largest employers

NACE 49500 as first main activity · staff from the latest accounts
  1. 1 FLUXYS BELGIUMBrussels 919 FTEfinancial year 2025
  2. 2 OVERPELT BSSPelt 17.6 FTEfinancial year 2025
  3. 3 JEJE TRANSVillers-le-Bouillet 14.9 FTEfinancial year 2025
  4. 4 PIPELINKAntwerp 7.2 FTEfinancial year 2025
  5. 5 SBK - TRANSWoluwe-Saint-Lambert 7.0 FTEfinancial year 2025

Joint committees

from the latest accounts of 13 companies
  • 201 Independent retail 7
  • 326 Gas and electricity 2
  • 112 Garages 1
  • 119 Food trade 1
  • 140 Transport and logistics 1
  • 140.03 Road transport and logistics for third parties 1
  • 200 Auxiliary committee for white-collar workers 1
  • 302 Hotels and catering 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 12,326 989 308 52,105
On-demand passenger transport by chauffeured vehicle49330 6,596 1,151 63 2,379
Non-scheduled passenger transport by road49320 2,544 216 28 6,528
Removal services49420 986 130 21 1,373
Scheduled passenger transport by road49310 941 130 14 27,585
Land transport and transport via pipelines49390 226 115 0 -
Show all 9 activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Land transport and transport via pipelines49200 60 7 4 1,396
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
18 months
Belgium: 20 months
Longer than three years
30%
Belgium: 31%

Measured nationally: Of 108,642 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 8 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 15,648 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 3,148 recipients · 2022 to 2025 · largest: Ecologiepremie+
  • 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
  • Wallonia-Brussels Federation €70,602 paid 2 recipients · 2024 to 2025 · largest: Unnamed in the register
  • 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. 16.9% of the annual accounts show negative equity, against 12.4% in Belgium. Solvency of 30.8% is below Belgium's 46.1%. Liquidity of 1.29 is below Belgium's 1.66.

Bankruptcies. The median bankruptcy probability of 1.5% is above Belgium's 0.2%.

Inflow and structure. 5.2% of the companies are sole traders, against 41.6% in Belgium. Brussels holds 18.9% of the seats, against 12.5% in Belgium. In 12 months, 6.2 of 100 companies started, against 8.9 in Belgium. That is fewer than in 60% of the 87 NACE divisions.

Staff and filing. 54.7% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 965 of the 986 FTE: 97.9%.

Direction. Median solvency fell from 35.9% in financial year 2020 to 30.8% in financial year 2025. The median net result rose from €9,891 in financial year 2020 to €13,904 in financial year 2025.

The comparison with Belgium as a whole and with the other divisions is as of 08-11-2026 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 49500 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 1,276,474 companies with a main activity, because only those belong to a division. The other 699,509 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.