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Publishing activities

NACE 58
Current registrations 3,789
Starters, 12 months 50013.2 per 100 · Belgium 8.8
Bankruptcies, 12 months 133.4 per 1,000 registrations · Belgium 6.2
Employment (FTE) 8,704310 employers · latest accounts
Median age 8.5 yearsBelgium 8.1 years

Activities

NACE division 58 · 6 activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Other software publishing58290 1,337 267 2 3,036
Book publishing58110 1,108 111 2 1,392
Other publishing activities, excluding software publishing58190 707 59 3 617
Publishing activities58130 373 11 5 1,686
Publishing activities58210 174 46 1 19
Publishing activities58120 140 6 0 1,954

Filed accounts

NACE division 58 · financial year 2025 · 1,455 filed annual accounts
Median solvency
45.6%
Belgium 46.1%
Median net result
€8,032
Belgium €16,539
Median equity
€77,156
Belgium €98,485
Loss-making
35.6%
Belgium 26.7%
Negative equity
18.6%
Belgium 12.4%
Median return on equity
12.2%
Belgium 15.9%
Median liquidity
1.83
Belgium 1.66
Filed late
36.8%
financial year 2024 · Belgium 38.4%
Per financial year20182019202020212022202320242025
Median solvency --42.7%45.0%45.6%46.8%47.8%47.0%
Median net result --€7,812€9,786€7,466€6,556€7,873€7,976
Filed late 40.0%47.7%41.9%43.7%42.0%39.8%36.8%-

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Staff cost per FTE in NACE division 58

268 employers
Median
€77,200
Belgium €61,400
Middle half
€63,900 to €94,200
half of the employers lie between
Place among sectors
18 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €72,000 €56,800 to €89,600 167
10 to 49 FTE €81,300 €70,800 to €95,600 80

Bankruptcies

Bankruptcies, 5 years, still registered
36
0.95% of the registrations · Belgium 1.68%

Bankruptcies per year in division 58

Per year201520162017201820192020202120222023202420252026
Bankruptcies30252019199151312202413
Jobs lost11259694403414212122402928

2026 through September. Every bankruptcy, also of companies that have since left the register. Source: Statbel (Directorate-General Statistics), NACE classification of 2008.

Recent bankruptcies

Date Company
26-10-2026 EERSTE KANS
BE 0760.385.869
21-09-2026 GLEAN ART
BE 0877.757.651
14-09-2026 Game Brewer
BE 0671.586.923
31-08-2026 REGIES ET PUBLICATIONS NOUVELLES
BE 0463.218.352
07-07-2026 Patientcom
BE 0466.795.474
07-07-2026 Health Congress
BE 0889.282.241
14-04-2026 GOVRN
BE 0761.625.687
30-03-2026 CLEVER TRICKSTER STUDIO
BE 0798.242.593

Every bankruptcy in division 58, last 90 days

Spread across the country

by region and province · 2,363 of 3,789 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 1,155 · 48.9%
  • Wallonia 592 · 25.1%
  • Brussels 531 · 22.5%
  • Abroad 85 · 3.6%
fewer moremax 531

Largest employers

NACE division 58 · staff from the latest accounts
  1. 1 ODOORamillies 1,267 FTEfinancial year 2025
  2. 2 Roularta Media GroupRoeselare 899 FTEfinancial year 2025
  3. 3 MEDIAHUISAntwerp 777 FTEfinancial year 2025
  4. 4 WOLTERS KLUWER BELGIUMMechelen 546 FTEfinancial year 2025
  5. 5 POLITICOBrussels 317 FTEfinancial year 2025

Joint committees

from the latest accounts of 398 companies
  • 200 Auxiliary committee for white-collar workers 320
  • 100 Auxiliary committee for blue-collar workers 70
  • 130 Printing, graphic arts and newspapers 23
  • 227 Audiovisual sector 15
  • 337 Auxiliary committee for the non-profit sector 15
  • 201 Independent retail 13
  • 302 Hotels and catering 4
  • 329.02 Socio-cultural sector 4
Show the 12 others
  • 335 Services and support for business and the self-employed 4
  • 124 Construction 3
  • 329.01 Socio-cultural sector 3
  • 149.01 Electricians: installation and distribution 2
  • 119 Food trade 1
  • 121 Cleaning 1
  • 140 Transport and logistics 1
  • 149 Sectors related to metal, mechanical and electrical engineering 1
  • 149.04 Metal trade 1
  • 207 White-collar workers in the chemical industry 1
  • 216 Notaries' employees 1
  • 226 White-collar workers in international trade, transport and logistics 1

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

21 of the 2,237 companies in NACE division 58 have a parent company abroad. Main parent countries: France (7), Netherlands (6) and United States (2). Together they employ 1,009 of the division's 8,704 FTE: 12%, against 14% for Belgium as a whole.

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €51.4m awarded 244 recipients · 2022 to 2025 · largest: Sociaal-cultureel volwassenenwerk: Werkingssubsidie voor een sociaal-culturele volwassenenorganisatie met een werking in Vlaanderen en Brussel (Decreet Sociaal-cultureel Volwassenenwerk 2017)
  • Federal transfers 368,421 amount as published 4 recipients · 2023 to 2025 · largest: Toelagen aan diverse organisaties in het kader van het Digital Belgium Skills Fund (art. 2.06.4 van de Algemene uitgavenbegroting)
  • Wallonia-Brussels Federation €54.1m paid 93 recipients · 2021 to 2025 · largest: Aide à la presse quotidienne écrite francophone
  • EU budget €6.2m attributed share 15 recipients · 2021 to 2025 · largest: Horizon Europe
  • EU research €10.4m EU contribution 15 recipients · 2010 to 2027 · largest: Horizon 2020

Explore every recipient in this sector

Insights on Publishing

Balance sheet and result. The median net result of €8,032 is below Belgium's €16,539. 18.6% of the annual accounts show negative equity, against 12.4% in Belgium. 35.6% of the annual accounts close with a loss, against 26.7% in Belgium.

Bankruptcies. In 12 months, 3.4 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is fewer than in 57% of the 87 other NACE divisions. The median bankruptcy probability of 0.1% is below Belgium's 0.2%. By size, the median bankruptcy probability is 0.1% at under 10 FTE and 0.1% at 10 to 49 FTE.

Inflow and structure. Brussels holds 23.3% of the seats, against 12.5% in Belgium. In 12 months, 13.2 of 100 companies started, against 8.8 in Belgium. That is more than in 92% of the 86 other NACE divisions.

Staff and filing. The median staff cost per FTE of €77,214 is above Belgium's €61,416. The 5 largest employers hold 3,805 of the 8,704 FTE: 43.7%.

Direction. Median solvency rose from 42.7% in financial year 2020 to 47.0% in financial year 2025. In 2024, Statbel counted 20 bankruptcies and 40 jobs lost, against 19 bankruptcies in 2019.

The comparison with Belgium as a whole and with the other divisions is as of 05-11-2026 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 58 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 1,275,887 companies with a main activity, because only those belong to a division. The other 699,448 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.