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Accommodation

Current registrations 209division 55: 8,536
Starters, 12 months 125.7 per 100 · Belgium 8.9
Employment (FTE) 41424 employers · latest accounts
Median age 18.9 yearsBelgium 8.1 years
E-invoicing via Peppol 79.9%167 of 209 companies in the Peppol Directory · Belgium 85.0%

No bankruptcy in the past twelve months.

Filed accounts

NACE 55900 · financial year 2025 · 71 filed annual accounts
Median solvency
42.4%
division 24.6% · Belgium 46.1%
Median net result
€3,871
division €3,638 · Belgium €16,492
Median equity
€135,518
division €116,619 · Belgium €98,323
Loss-making
42.3%
division 43.8% · Belgium 26.7%
Negative equity
21.1%
division 25.6% · Belgium 12.4%
Median return on equity
3.3%
division 5.4% · Belgium 15.9%
Median liquidity
1.13
division 0.74 · Belgium 1.66
Filed late
38.8%
financial year 2024, 80 filings · division 44.9% · Belgium 38.4%
Missing or 90 days late
11.1%
of 81 companies with annual accounts · division 6.2% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 37.3%41.3%40.9%41.1%40.6%42.4%
Median net result €101€9,264€6,611€1,987€8,390€3,871

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

Bankruptcies

Bankruptcies, 5 years, still registered
1
0.48% of the registrations · Belgium 1.68%
Running bankruptcies
2
9.6 per 1,000 registrations

Recent bankruptcies

Date Company
27-12-2023 Kadyrov, Abdulaziz
BE 0748.683.018 · sole trader · Izegem

Every bankruptcy in division 55, last 90 days

Spread across the country

by region and province · 169 of 209 enterprises with a registered office on file · a sole trader has no published seat
  • Wallonia 81 · 47.9%
  • Flanders 68 · 40.2%
  • Brussels 19 · 11.2%
  • Abroad 1 · 0.6%
fewer moremax 25

Largest employers

NACE 55900 as first main activity · staff from the latest accounts
  1. 1 Institut Notre-Dame du Sacré, ASBLBeauraing 141 FTEfinancial year 2025
  2. 2 Oeuvres Sociales de l'Armée du Salut en BelgiqueBrussels 105 FTEfinancial year 2025
  3. 3 Solidariteit WereldstudentenSint-Gillis (bij-Brussel) 46.8 FTEfinancial year 2024
  4. 4 Centre de Rencontre et d'Hébergement. Domaine de FarnièresVielsalm 17.5 FTEfinancial year 2025
  5. 5 Pensionnat de Passy-FroyennesTournai 17.1 FTEfinancial year 2025

Joint committees

from the latest accounts of 30 companies
  • 302 Hotels and catering 15
  • 152 Subsidised private schools 4
  • 225 White-collar workers in subsidised private schools 4
  • 319.02 Educational and residential institutions 3
  • 100 Auxiliary committee for blue-collar workers 2
  • 323 Building management, estate agents and domestic staff 2
  • 145 Horticulture 1
  • 152.01 Subsidised private schools 1
Show the 8 others
  • 200 Auxiliary committee for white-collar workers 1
  • 225.01 White-collar workers in subsidised private schools 1
  • 319 Educational and residential institutions 1
  • 322.01 Approved companies for local work and services 1
  • 329 Socio-cultural sector 1
  • 329.02 Socio-cultural sector 1
  • 329.03 Socio-cultural sector 1
  • 330.04 Health institutions and services 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 2,993 346 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 437 15 1 601
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 19 7 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

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 108,651 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 10 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 Accommodation

Balance sheet and result. Return on equity of 3.3% is below Belgium's 15.9%. The median net result of €3,871 is below Belgium's €16,492. 21.1% of the annual accounts show negative equity, against 12.4% in Belgium.

Bankruptcies. The median bankruptcy probability of 0.1% is below Belgium's 0.2%.

Inflow and structure. Half of the companies are younger than 18.9 years, against 8.1 years in Belgium. Wallonia holds 48.2% of the seats, against 22.7% in Belgium. 19.1% of the companies are sole traders, against 41.6% in Belgium.

Staff and filing. The 5 largest employers hold 328 of the 414 FTE: 79.1%.

Direction. Median solvency rose from 37.3% in financial year 2020 to 42.4% in financial year 2025. The median net result rose from €101 in financial year 2020 to €3,871 in financial year 2025.

The comparison with Belgium as a whole and with the other divisions is as of 10-11-2026 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 55900 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 1,276,421 companies with a main activity, because only those belong to a division. The other 699,557 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.