Holiday cottages, homes and apartments
Filed accounts
NACE 55203 · financial year 2025 · 797 filed annual accounts| Per financial year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Median solvency | 19.8% | 20.7% | 20.2% | 17.6% | 17.4% | 16.9% |
| Median net result | -€3,085 | €822 | €3,326 | €1,489 | €1,113 | €560 |
Hold your customer's or competitor's figures against them in the Sector benchmark
Bankruptcies
Recent bankruptcies
| Date | Company |
|---|---|
| 23-09-2026 | AMANI
BE 0700.255.371 |
| 14-11-2025 | BARENSGATE
BE 0664.514.534 |
| 08-10-2024 | Veizi, Elis
BE 0700.221.224 · sole trader · Beveren-Kruibeke-Zwijndrecht |
| 28-08-2024 | WW gestion et Consult
BE 0659.921.682 |
| 23-05-2024 | Cabin Fund
BE 0769.481.303 |
| 18-03-2024 | Maurer, Georges
BE 0725.953.047 · sole trader · Voeren |
| 05-03-2024 | DE STEENAKKER
BE 0656.550.537 |
| 05-03-2024 | B B & E
BE 0887.417.267 |
Spread across the country
by region and province · 1,273 of 2,994 enterprises with a registered office on file · a sole trader has no published seat- Flanders
- Wallonia
- Brussels
- Abroad
The balance sheets of division 55 on the map, by municipality and down to the address
Largest employers
NACE 55203 as first main activity · staff from the latest accounts- 1 Vayamundo OostendeOstend 111 FTEfinancial year 2025
- 2 RESIDENCE DU BON PASTEURMons 56.4 FTEfinancial year 2025
- 3 ASTERIAStavelot 37.8 FTEfinancial year 2025
- 4 Nationaal Werk voor het Gehandicapte KindMaasmechelen 29.0 FTEfinancial year 2024
- 5 HOLIDAY SUITESBruges 23.0 FTEfinancial year 2025
Joint committees
from the latest accounts of 138 companies- 302 Hotels and catering 99
- 200 Auxiliary committee for white-collar workers 14
- 100 Auxiliary committee for blue-collar workers 8
- 323 Building management, estate agents and domestic staff 8
- 124 Construction 3
- 149.01 Electricians: installation and distribution 3
- 144 Agriculture 2
- 145 Horticulture 2
Show the 10 others
- 307 Insurance brokers and agencies 2
- 330 Health institutions and services 2
- 333 Tourist attractions 2
- 112 Garages 1
- 121 Cleaning 1
- 126 Furnishing and woodworking 1
- 201 Independent retail 1
- 215 White-collar workers in the clothing and garment industry 1
- 314 Hairdressing and beauty care 1
- 329.01 Socio-cultural sector 1
Source: the annual accounts at the National Bank. One filing can name more than one committee.
Division 55: Accommodation
Related activities
4 other activities| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| Guest rooms (bed and breakfast)55204 | 1,818 | 130 | 7 | 117 |
| Other holiday and short-stay accommodation55209 | 720 | 70 | 5 | 171 |
| Accommodation55202 | 119 | 1 | 1 | 1,454 |
| Accommodation55201 | 85 | 1 | 0 | 316 |
Bankruptcies per year in division 55
| Per year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bankruptcies | 34 | 43 | 41 | 41 | 38 | 32 | 40 | 36 | 26 | 36 | 41 | 33 |
| Jobs lost | 167 | 383 | 105 | 119 | 246 | 158 | 154 | 147 | 61 | 135 | 217 | 72 |
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| Size | Median | Middle half | Employers |
|---|---|---|---|
| fewer than 10 FTE | €48,600 | €40,800 to €57,100 | 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 |
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 55Measured 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.
Foreign control in NACE division 55
4,495 registered companiesSubsidies in this sector
per register · legal entities with an enterprise number- Flemish subsidies €74.6m awarded
- Federal transfers 2.8m amount as published
- Wallonia-Brussels Federation €36.7m paid
- EU budget €53,964 attributed share
Insights on Holiday cottages, homes and apartments
Balance sheet and result. 27.6% of the annual accounts show negative equity, against 12.4% in Belgium. The median net result of €560 is below Belgium's €16,520. 48.7% of the annual accounts close with a loss, against 26.7% in Belgium.
Bankruptcies. The median bankruptcy probability of 0.6% is above Belgium's 0.2%.
Inflow and structure. Wallonia holds 46.6% of the seats, against 22.7% in Belgium. Half of the companies are younger than 4.4 years, against 8.1 years in Belgium. 57.5% of the companies are sole traders, against 41.6% in Belgium.
Staff and filing. 44.9% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 257 of the 406 FTE: 63.2%.
Direction. Median solvency fell from 19.8% in financial year 2020 to 16.9% in financial year 2025. The median net result rose from -€3,085 in financial year 2020 to €560 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 55203 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.