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Guest rooms (bed and breakfast)

Current registrations 1,818division 55: 8,534
Starters, 12 months 1307.2 per 100 · Belgium 8.9
Bankruptcies, 12 months 73.9 per 1,000 registrations · Belgium 6.2
Employment (FTE) 11823 employers · latest accounts
Median age 8.7 yearsBelgium 8.1 years
E-invoicing via Peppol 92.5%1,681 of 1,818 companies in the Peppol Directory · Belgium 85.0%

Filed accounts

NACE 55204 · financial year 2025 · 500 filed annual accounts
Median solvency
17.4%
division 24.6% · Belgium 46.1%
Median net result
€2,495
division €3,638 · Belgium €16,497
Median equity
€54,769
division €116,425 · Belgium €98,338
Loss-making
44.8%
division 43.8% · Belgium 26.7%
Negative equity
30.4%
division 25.7% · Belgium 12.4%
Median return on equity
5.9%
division 5.4% · Belgium 15.9%
Median liquidity
0.51
division 0.74 · Belgium 1.66
Filed late
42.8%
financial year 2024, 493 filings · division 44.9% · Belgium 38.4%
Missing or 90 days late
4.8%
of 540 companies with annual accounts · division 6.2% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 15.9%16.1%13.7%15.6%17.6%17.4%
Median net result -€1,490€1,371€1,491€1,905€3,297€2,495

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

Bankruptcies

Bankruptcies, 5 years, still registered
15
0.83% of the registrations · Belgium 1.68%
Running bankruptcies
17
9.4 per 1,000 registrations

Recent bankruptcies

Date Company
26-10-2026 Viktoria B&B
BE 1022.486.601
16-09-2026 Soeters, Marinus
BE 0770.375.780 · sole trader · Ostend
07-09-2026 Voca, Honorine
BE 0717.716.262 · sole trader · Tournai
17-07-2026 INDRANI
BE 0809.520.329
16-03-2026 CARAVAGGIO
BE 0894.784.319
25-02-2026 Greystone
BE 0702.897.038
19-11-2025 CRAYWINCKELHOF STREEKBELEVINGSCENTRUM
BE 0750.912.038
16-09-2025 Facilero
BE 0778.681.950

Every bankruptcy in division 55, last 90 days

Spread across the country

by region and province · 737 of 1,818 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 516 · 70.0%
  • Wallonia 183 · 24.8%
  • Brussels 38 · 5.2%
fewer moremax 186

Largest employers

NACE 55204 as first main activity · staff from the latest accounts
  1. 1 BEILABilzen-Hoeselt 18.0 FTEfinancial year 2025
  2. 2 BRC GroupRochefort 13.4 FTEfinancial year 2020
  3. 3 BREAKEVENTPhilippeville 13.3 FTEfinancial year 2025
  4. 4 De CasteleerKasterlee 11.3 FTEfinancial year 2025
  5. 5 BEVATOJABruges 10.9 FTEfinancial year 2025

Joint committees

from the latest accounts of 134 companies
  • 302 Hotels and catering 112
  • 100 Auxiliary committee for blue-collar workers 6
  • 200 Auxiliary committee for white-collar workers 6
  • 323 Building management, estate agents and domestic staff 3
  • 119 Food trade 2
  • 124 Construction 2
  • 201 Independent retail 2
  • 139 Inland shipping 1
Show the 5 others
  • 144 Agriculture 1
  • 145 Horticulture 1
  • 149.04 Metal trade 1
  • 331 Flemish welfare and health sector 1
  • 336 Liberal professions 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
Holiday cottages, homes and apartments55203 2,992 346 2 406
Other holiday and short-stay accommodation55209 719 70 5 171
Accommodation55202 119 1 1 1,454
Accommodation55201 85 1 0 316

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

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

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

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 Guest rooms (bed and breakfast)

Balance sheet and result. 30.4% of the annual accounts show negative equity, against 12.4% in Belgium. The median net result of €2,495 is below Belgium's €16,497. Liquidity of 0.51 is below Belgium's 1.66.

Bankruptcies. The median bankruptcy probability of 0.6% is above Belgium's 0.2%. In 12 months, 3.9 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is fewer than in 51% of the 88 NACE divisions.

Inflow and structure. 59.5% of the companies are sole traders, against 41.6% in Belgium. In 12 months, 7.2 of 100 companies started, against 8.9 in Belgium. That is fewer than in 54% of the 87 NACE divisions. This activity holds 21.3% of the registrations of Accommodation.

Staff and filing. 42.8% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 67 of the 118 FTE: 56.9%.

Direction. Median solvency rose from 15.9% in financial year 2020 to 17.4% in financial year 2025. The median net result rose from -€1,490 in financial year 2020 to €2,495 in financial year 2025.

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 55204 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. 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.