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Accommodation

NACE 55
Current registrations 8,534
Starters, 12 months 6467.6 per 100 · Belgium 8.9
Bankruptcies, 12 months 404.7 per 1,000 registrations · Belgium 6.2
Employment (FTE) 18,381824 employers · latest accounts
Median age 8.6 yearsBelgium 8.1 years
E-invoicing via Peppol 90.8%7,752 of 8,534 companies in the Peppol Directory · Belgium 85.0%

Activities

NACE division 55 · 9 activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Holiday cottages, homes and apartments55203 2,992 346 2 406
Hotels and similar accommodation55100 2,347 66 24 14,900
Guest rooms (bed and breakfast)55204 1,818 130 7 118
Other holiday and short-stay accommodation55209 719 70 5 171
Accommodation55300 436 15 1 601
Accommodation55900 209 12 0 414
Accommodation55202 119 1 1 1,454
Accommodation55201 85 1 0 316
Accommodation55400 19 7 0 -

Filed accounts

NACE division 55 · financial year 2025 · 3,429 filed annual accounts
Median solvency
24.6%
Belgium 46.1%
Median net result
€3,638
Belgium €16,497
Median equity
€116,425
Belgium €98,338
Loss-making
43.8%
Belgium 26.7%
Negative equity
25.7%
Belgium 12.4%
Median return on equity
5.4%
Belgium 15.9%
Median liquidity
0.74
Belgium 1.66
Filed late
44.9%
financial year 2024, 3,033 filings · Belgium 38.4%
Missing or 90 days late
6.2%
of 3,755 companies with annual accounts · Belgium 5.4%
Per financial year20182019202020212022202320242025
Median solvency --23.7%23.2%24.6%23.8%23.6%24.1%
Median net result ---€4,150€2,698€6,770€4,330€3,470€3,045
Filed late 47.6%56.2%53.1%49.7%48.5%45.6%44.9%-

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

Staff cost per FTE in NACE division 55

735 employers
Median
€50,600
Belgium €61,400
Middle half
€44,200 to €57,600
half of the employers lie between
Place among sectors
71 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €48,400 €40,800 to €57,100 345
10 to 49 FTE €51,400 €45,800 to €56,900 314
50 to 249 FTE €55,300 €49,800 to €59,400 73

Bankruptcies

Bankruptcies, 5 years, still registered
103
1.21% of the registrations · Belgium 1.68%

Bankruptcies per year in division 55

Per year201520162017201820192020202120222023202420252026
Bankruptcies344341413832403626364133
Jobs lost1673831051192461581541476113521772

2026 through September. Every bankruptcy, also of companies that have since left the register. Source: Statbel (Directorate-General Statistics), NACE classification of 2008.

Recent bankruptcies

Date Company
06-11-2026 NEW VILLA
BE 0882.203.914
29-10-2026 ReCenter
BE 0805.842.148
26-10-2026 NESTOR HOSPITALITY
BE 0789.514.969
26-10-2026 Viktoria B&B
BE 1022.486.601
02-10-2026 MIRR'O
BE 0898.457.154
30-09-2026 HOTEL O IEPER
BE 0672.912.556
23-09-2026 AMANI
BE 0700.255.371
21-09-2026 SHE Hospitality
BE 0767.699.669

Every bankruptcy in division 55, last 90 days

Running bankruptcies in the sector

NACE division 55
Number
112
Half have run longer than
25 months
Belgium: 20 months
Longer than three years
38%
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

Spread across the country

by region and province · 4,974 of 8,534 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 2,748 · 55.2%
  • Wallonia 1,675 · 33.7%
  • Brussels 504 · 10.1%
  • Abroad 47 · 0.9%
fewer moremax 1,034

Largest employers

NACE division 55 · staff from the latest accounts
  1. 1 CPSP BelgiëMol 645 FTEfinancial year 2025
  2. 2 HOTEL EXPLOITATIEMAATSCHAPPIJ DIEGEMMachelen (Brab.) 534 FTEfinancial year 2025
  3. 3 SUNPARKS LEISUREDe Haan 297 FTEfinancial year 2025
  4. 4 Essendi BelgiumBrussels 278 FTEfinancial year 2025
  5. 5 RADISSON HOSPITALITY BELGIUMBrussels 227 FTEfinancial year 2025

Joint committees

from the latest accounts of 1,219 companies
  • 302 Hotels and catering 1,084
  • 200 Auxiliary committee for white-collar workers 48
  • 100 Auxiliary committee for blue-collar workers 30
  • 323 Building management, estate agents and domestic staff 24
  • 314 Hairdressing and beauty care 10
  • 124 Construction 9
  • 201 Independent retail 9
  • 145 Horticulture 6
Show the 12 others
  • 329.01 Socio-cultural sector 6
  • 333 Tourist attractions 5
  • 152 Subsidised private schools 4
  • 225 White-collar workers in subsidised private schools 4
  • 329 Socio-cultural sector 4
  • 337 Auxiliary committee for the non-profit sector 4
  • 119 Food trade 3
  • 144 Agriculture 3
  • 149.01 Electricians: installation and distribution 3
  • 319.02 Educational and residential institutions 3
  • 330 Health institutions and services 3
  • 121 Cleaning 2

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

Foreign control in NACE division 55

4,497 registered companies

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €74.6m awarded 726 recipients · 2022 to 2025 · largest: Jeugdtoerisme: Werkingssubsidie voor een ondersteuningsstructuur voor hostels of jeugdverblijven (Decreet Jeugdverblijven en Hostels 2022)
  • Wallonia-Brussels Federation €36.7m paid 56 recipients · 2021 to 2025 · largest: Subventions aux services résidentiels et aux services qui mettent en œuvre un projet éducatif particulier
  • Federal transfers 2.8m amount as published 7 recipients · 2023 to 2025 · largest: Verstrekken van sociale en culturele hulp aan studenten en stagiairs uit lage inkomenslanden (cf. art.2.14.6 van de wetsbepalingen)
  • EU budget €53,964 attributed share 2 recipients · 2025 · largest: Decentralised Agencies, Joint Undertakings, EU institutions

Explore every recipient in this sector

Insights on Accommodation

Balance sheet and result. 25.7% of the annual accounts show negative equity, against 12.4% in Belgium. The median net result of €3,638 is below Belgium's €16,497. Return on equity of 5.4% is below Belgium's 15.9%.

Bankruptcies. The median bankruptcy probability of 0.5% is above Belgium's 0.2%. In 12 months, 4.7 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is more than in 61% of the 87 other NACE divisions. By size, the median bankruptcy probability is 0.6% at under 10 FTE, 0.3% at 10 to 49 FTE and 0.4% at 50 to 249 FTE.

Inflow and structure. Wallonia holds 34.0% of the seats, against 22.7% in Belgium. In 12 months, 7.6 of 100 companies started, against 8.9 in Belgium. That is more than in 55% of the 86 other NACE divisions.

Staff and filing. The median staff cost per FTE of €50,620 is below Belgium's €61,423. 44.9% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 1,981 of the 18,381 FTE: 10.8%.

Direction. The median net result rose from -€4,150 in financial year 2020 to €3,045 in financial year 2025. In 2025, Statbel counted 41 bankruptcies and 217 jobs lost, against 32 bankruptcies in 2020.

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 55 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. 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.