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Hotels and similar accommodation

Current registrations 2,344division 55: 8,530
Starters, 12 months 672.9 per 100 · Belgium 8.9
Bankruptcies, 12 months 2410.2 per 1,000 registrations · Belgium 6.2
Employment (FTE) 14,890594 employers · latest accounts
Median age 14.6 yearsBelgium 8.1 years
E-invoicing via Peppol 89.8%2,106 of 2,344 companies in the Peppol Directory · Belgium 85.0%

Filed accounts

NACE 55100 · financial year 2025 · 1,552 filed annual accounts
Median solvency
25.2%
division 24.5% · Belgium 46.1%
Median net result
€6,125
division €3,646 · Belgium €16,468
Median equity
€166,002
division €116,327 · Belgium €98,204
Loss-making
41.4%
division 43.7% · Belgium 26.7%
Negative equity
25.3%
division 25.7% · Belgium 12.4%
Median return on equity
5.8%
division 5.4% · Belgium 15.9%
Median liquidity
0.74
division 0.74 · Belgium 1.66
Filed late
46.5%
financial year 2024, 1,602 filings · division 45.0% · Belgium 38.5%
Missing or 90 days late
7.5%
of 1,731 companies with annual accounts · division 6.2% · Belgium 5.5%
Per financial year202020212022202320242025
Median solvency 19.5%20.9%21.9%23.3%24.1%25.2%
Median net result -€16,282€3,129€11,241€9,829€8,133€6,125

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

Bankruptcies

Bankruptcies, 5 years, still registered
61
2.60% of the registrations · Belgium 1.68%
Running bankruptcies
91
38.8 per 1,000 registrations

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
30-09-2026 HOTEL O IEPER
BE 0672.912.556
21-09-2026 SHE Hospitality
BE 0767.699.669
17-09-2026 Delux2
BE 0781.667.372
05-08-2026 THE COVER 84
BE 0666.403.658
31-07-2026 InnoVillage
BE 0757.603.949

Every bankruptcy in division 55, last 90 days

Spread across the country

by region and province · 2,018 of 2,344 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 1,149 · 56.9%
  • Wallonia 527 · 26.1%
  • Brussels 335 · 16.6%
  • Abroad 7 · 0.3%
fewer moremax 425

Largest employers

NACE 55100 as first main activity · staff from the latest accounts
  1. 1 HOTEL EXPLOITATIEMAATSCHAPPIJ DIEGEMMachelen (Brab.) 534 FTEfinancial year 2025
  2. 2 Essendi BelgiumBrussels 278 FTEfinancial year 2025
  3. 3 RADISSON HOSPITALITY BELGIUMBrussels 227 FTEfinancial year 2025
  4. 4 Floreal HolidaysBrussels 201 FTEfinancial year 2025
  5. 5 ROCCO FORTE & FAMILY (BRUSSELS)Brussels 184 FTEfinancial year 2026

Joint committees

from the latest accounts of 773 companies
  • 302 Hotels and catering 738
  • 200 Auxiliary committee for white-collar workers 21
  • 100 Auxiliary committee for blue-collar workers 9
  • 314 Hairdressing and beauty care 9
  • 323 Building management, estate agents and domestic staff 6
  • 201 Independent retail 3
  • 124 Construction 2
  • 337 Auxiliary committee for the non-profit sector 2
Show the 12 others
  • 119 Food trade 1
  • 140.03 Road transport and logistics for third parties 1
  • 145 Horticulture 1
  • 146 Forestry 1
  • 207 White-collar workers in the chemical industry 1
  • 220 White-collar workers in the food industry 1
  • 304 Performing arts 1
  • 326 Gas and electricity 1
  • 329.01 Socio-cultural sector 1
  • 329.02 Socio-cultural sector 1
  • 331 Flemish welfare and health sector 1
  • 333 Tourist attractions 1

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

Division 55: Accommodation

Related activities

8 other activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Holiday cottages, homes and apartments55203 2,992 346 2 406
Guest rooms (bed and breakfast)55204 1,819 131 7 118
Other holiday and short-stay accommodation55209 717 70 5 171
Accommodation55300 435 15 1 601
Accommodation55900 209 12 0 414
Accommodation55202 119 1 1 1,454
Show all 8 activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Accommodation55201 85 1 0 316
Accommodation55400 20 8 0 -

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.

Staff cost per FTE in NACE division 55

734 employers
Median
€50,600
Belgium €61,400
Middle half
€44,200 to €57,500
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 €57,000 344
10 to 49 FTE €51,400 €45,800 to €56,900 314
50 to 249 FTE €55,300 €49,800 to €59,400 73

Running bankruptcies in the sector

NACE division 55
Number
113
Half have run longer than
24 months
Belgium: 20 months
Longer than three years
37%
Belgium: 31%

Measured nationally: Of 108,810 bankruptcies of legal entities across Belgium, 49% were closed within five years for insufficient assets and 29% 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 14 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

Foreign control in NACE division 55

4,494 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 Hotels and similar accommodation

Balance sheet and result. 25.3% of the annual accounts show negative equity, against 12.4% in Belgium. Return on equity of 5.8% is below Belgium's 15.9%. The median net result of €6,125 is below Belgium's €16,468.

Bankruptcies. The median bankruptcy probability of 0.6% is above Belgium's 0.2%. In 12 months, 10.2 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is more than in 86% of the 88 NACE divisions.

Inflow and structure. Half of the companies are younger than 14.6 years, against 8.1 years in Belgium. In 12 months, 2.9 of 100 companies started, against 8.9 in Belgium. That is fewer than in 90% of the 87 NACE divisions. 13.9% of the companies are sole traders, against 41.6% in Belgium.

Staff and filing. 46.5% of the financial year 2024 accounts were filed late, against 38.5% in Belgium. The 5 largest employers hold 1,424 of the 14,890 FTE: 9.6%.

Direction. Median solvency rose from 19.5% in financial year 2020 to 25.2% in financial year 2025. The median net result rose from -€16,282 in financial year 2020 to €6,125 in financial year 2025.

The comparison with Belgium as a whole and with the other divisions is as of 14-11-2026 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 55100 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 1,276,430 companies with a main activity, because only those belong to a division. The other 700,464 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.