Skip to content

Land transport and transport via pipelines

NACE 49500 · division 49 Land transport
Current registrations 97division 49: 23,139
Starters, 12 months 2,673division 49 · 11.6 per 100 · Belgium 7.5
Bankruptcies, 5 years 66.19% of the registrations · Belgium 1.61%
Employment (FTE) 122,691division 49 · financial year 2025
Median age 6.8 yearsdivision 49 · Belgium 10.7 years

Filed accounts of the division

NACE division 49 · financial year 2025 · 10,450 filed annual accounts
Median solvency
37.4%
Belgium 46.2%
Median net result
€10,060
Belgium €16,569
Median equity
€69,363
Belgium €98,595
Loss-making
27.8%
Belgium 26.7%
Negative equity
13.0%
Belgium 12.4%
Median return on equity
13.4%
Belgium 16.0%
Median liquidity
1.30
Belgium 1.66

Staff cost per FTE in NACE division 49

2,213 employers
Median
€61,500
Belgium €61,400
Middle half
€51,300 to €71,300
half of the employers lie between
Place among sectors
55 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €61,700 €49,300 to €73,600 920
10 to 49 FTE €61,000 €51,400 to €70,000 1,009
50 to 249 FTE €62,900 €56,900 to €71,000 256
250 FTE or more €71,600 €62,300 to €79,200 28

Bankruptcies

Bankruptcies, 12 months
441
division 49 · 19.1 per 1,000 registrations · Belgium 5.5

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

Running bankruptcies in the sector

NACE division 49
Number
917
Half have run longer than
18 months
Belgium: 20 months
Longer than three years
30%
Belgium: 31%

Measured nationally: Of 108,424 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entities across Belgium, 49% were closed within five years for insufficient assets and 28% after liquidation, 3% were withdrawn.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 2 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

Spread across the country

by region and province · 92 of 97 enterprises with a registered office on file
  • Flanders 62 · 67.4%
  • Brussels 17 · 18.5%
  • Wallonia 13 · 14.1%
fewer moremax 23

Largest employers

NACE division 49 · staff from the latest accounts
  1. 1 MAATSCHAPPIJ VOOR HET INTERCOMMUNAAL VERVOER TE BRUSSELBrussels 10,278 FTEfinancial year 2025
  2. 2 Vlaamse Vervoermaatschappij - De LijnMechelen 7,637 FTEfinancial year 2025
  3. 3 OPERATEUR DE TRANSPORT DE WALLONIENamur 6,183 FTEfinancial year 2025
  4. 4 HENRI ESSERS EN ZONEN INTERNATIONAAL TRANSPORTGenk 932 FTEfinancial year 2025
  5. 5 FLUXYS BELGIUMBrussels 919 FTEfinancial year 2025

70 of the 15,655 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 92,760 FTE: 7.0%, against 15% for Belgium as a whole.

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €274.7m awarded 3,153 recipients · 2022 to 2025 · largest: Vlaams Gemeentefonds
  • Federal transfers 6.49bn amount as published 9 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

The number of starters per 100 companies in NACE division 49 is higher than that of 86% of the 87 NACE divisions with this figure.

This sector's historical share is higher than every NACE division.

The median bankruptcy probability in NACE division 49 is 1.6%, against 0.2% for Belgium as a whole. It is computed over 13,472 scored companies.

The comparison with Belgium as a whole and with the other divisions is as of 01-11-2026 05:30.

Method and sources

Every company registered today counts under its main activities in the KBO. Establishment units do not count. The count follows the NACE 2025 classification, the version in which code 49500 exists.

The historical share is the share of current registrations for which a bankruptcy opening was published in the past five years. A company with more than one main activity counts in each of those sectors. The historical share is not a future bankruptcy probability.

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 "higher than 80%" compares with the other divisions that have the figure. A division's bankruptcy probability is the median over its companies with a score. Their number is given with the figure.

The filed-accounts figures cover the whole NACE division 49, not only NACE 49500. There are too few filed annual accounts per five-digit code to compute them separately. Each median is the value of the middle company, computed over the division's 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.