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Other holiday and short-stay accommodation

Current registrations 720division 55: 8,537
Starters, 12 months 709.7 per 100 · Belgium 8.9
Bankruptcies, 12 months 56.9 per 1,000 registrations · Belgium 6.2
Employment (FTE) 17115 employers · latest accounts
Median age 5.4 yearsBelgium 8.1 years
E-invoicing via Peppol 92.5%666 of 720 companies in the Peppol Directory · Belgium 85.0%

Filed accounts

NACE 55209 · financial year 2025 · 233 filed annual accounts
Median solvency
19.4%
division 24.6% · Belgium 46.1%
Median net result
-€991
division €3,676 · Belgium €16,520
Median equity
€41,625
division €116,723 · Belgium €98,421
Loss-making
51.9%
division 43.7% · Belgium 26.7%
Negative equity
30.5%
division 25.6% · Belgium 12.4%
Median return on equity
2.4%
division 5.4% · Belgium 15.9%
Median liquidity
0.68
division 0.74 · Belgium 1.66
Filed late
42.3%
financial year 2024, 222 filings · division 44.9% · Belgium 38.4%
Missing or 90 days late
4.4%
of 251 companies with annual accounts · division 6.2% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 18.7%21.4%22.8%22.7%20.0%19.4%
Median net result -€785€3€1,712-€388-€2,234-€991

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

Bankruptcies

Bankruptcies, 5 years, still registered
8
1.11% of the registrations · Belgium 1.68%
Running bankruptcies
10
13.9 per 1,000 registrations

Recent bankruptcies

Date Company
02-10-2026 MIRR'O
BE 0898.457.154
25-08-2026 VULCANA
BE 0665.534.222
08-07-2026 IMMOBILIERE DU PARK HOTEL
BE 0447.704.686
25-03-2026 Ddream
BE 0679.527.560
29-01-2026 LUXURY PARTNERS
BE 0730.618.450
07-10-2025 SMARTFLATS
BE 0849.650.615
28-02-2025 PARKING ET SERVICE
BE 0429.444.932
14-01-2025 VERO 5
BE 0844.545.841

Every bankruptcy in division 55, last 90 days

Spread across the country

by region and province · 378 of 720 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 205 · 54.2%
  • Wallonia 119 · 31.5%
  • Brussels 51 · 13.5%
  • Abroad 3 · 0.8%
fewer moremax 53

Largest employers

NACE 55209 as first main activity · staff from the latest accounts
  1. 1 NARVIK HOMEPARC MOOI ZUTENDAALZutendaal 44.2 FTEfinancial year 2017
  2. 2 De BarkentijnNieuwpoort 24.2 FTEfinancial year 2025
  3. 3 SMARTFLATSIxelles 23.0 FTEfinancial year 2024
  4. 4 FUEL & SERVICES COMPANYBastogne 20.0 FTEfinancial year 2025
  5. 5 RYCKEVELDEDamme 16.8 FTEfinancial year 2025

Joint committees

from the latest accounts of 45 companies
  • 302 Hotels and catering 31
  • 200 Auxiliary committee for white-collar workers 4
  • 201 Independent retail 3
  • 323 Building management, estate agents and domestic staff 3
  • 100 Auxiliary committee for blue-collar workers 2
  • 121 Cleaning 1
  • 140 Transport and logistics 1
  • 145 Horticulture 1
Show the 1 others
  • 329 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
Holiday cottages, homes and apartments55203 2,994 346 2 406
Guest rooms (bed and breakfast)55204 1,818 130 7 117
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

734 employers
Median
€50,600
Belgium €61,400
Middle half
€44,300 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 €48,600 €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

Running bankruptcies in the sector

NACE division 55
Number
112
Half have run longer than
25 months
Belgium: 20 months
Longer than three years
37%
Belgium: 31%

Measured 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.

Outcome by court and division

Foreign control in NACE division 55

4,495 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)
  • 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)
  • 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
  • EU budget €53,964 attributed share 2 recipients · 2025 · largest: Decentralised Agencies, Joint Undertakings, EU institutions

Explore every recipient in this sector

Insights on Other holiday and short-stay accommodation

Balance sheet and result. 30.5% of the annual accounts show negative equity, against 12.4% in Belgium. The median net result of -€991 is below Belgium's €16,520. 51.9% 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%. In 12 months, 6.9 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is more than in 73% of the 88 NACE divisions.

Inflow and structure. Wallonia holds 31.7% of the seats, against 22.7% in Belgium. Half of the companies are younger than 5.4 years, against 8.1 years in Belgium. 47.5% of the companies are sole traders, against 41.6% in Belgium.

Staff and filing. 42.3% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 128 of the 171 FTE: 75.0%.

Direction. The median net result fell from -€785 in financial year 2020 to -€991 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 55209 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.