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Current registrations 1,340division 58: 3,792
Starters, 12 months 26920.1 per 100 · Belgium 8.9
Bankruptcies, 12 months 21.5 per 1,000 registrations · Belgium 6.2
Employment (FTE) 3,031118 employers · latest accounts
Median age 6.5 yearsBelgium 8.1 years
E-invoicing via Peppol 75.8%1,016 of 1,340 companies in the Peppol Directory · Belgium 85.0%

Filed accounts

NACE 58290 · financial year 2025 · 612 filed annual accounts
Median solvency
48.9%
division 45.6% · Belgium 46.1%
Median net result
€14,451
division €8,020 · Belgium €16,497
Median equity
€94,530
division €77,447 · Belgium €98,338
Loss-making
33.2%
division 35.6% · Belgium 26.7%
Negative equity
17.5%
division 18.5% · Belgium 12.4%
Median return on equity
15.9%
division 12.2% · Belgium 15.9%
Median liquidity
1.91
division 1.83 · Belgium 1.66
Filed late
34.8%
financial year 2024, 587 filings · division 36.8% · Belgium 38.4%
Missing or 90 days late
4.3%
of 652 companies with annual accounts · division 5.1% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 50.7%51.5%52.9%52.9%52.7%48.9%
Median net result €12,820€13,141€14,151€13,037€17,133€14,451

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

Bankruptcies

Bankruptcies, 5 years, still registered
11
0.82% of the registrations · Belgium 1.68%
Running bankruptcies
13
9.7 per 1,000 registrations

Recent bankruptcies

Date Company
14-04-2026 GOVRN
BE 0761.625.687
23-03-2026 Lindexer
BE 1000.821.155
25-09-2025 True Innovation
BE 0770.320.154
16-05-2025 ONPROAD
BE 0791.347.972
04-04-2025 Nostra Group
BE 0802.548.207
12-11-2024 LIFE
BE 0714.913.061
01-08-2024 WEBREGION
BE 0884.095.810
07-06-2024 Tidalis Belgium
BE 0465.751.042

Every bankruptcy in division 58, last 90 days

Spread across the country

by region and province · 889 of 1,340 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 508 · 57.1%
  • Wallonia 204 · 22.9%
  • Brussels 144 · 16.2%
  • Abroad 33 · 3.7%
fewer moremax 144

Largest employers

NACE 58290 as first main activity · staff from the latest accounts
  1. 1 ODOORamillies 1,267 FTEfinancial year 2025
  2. 2 WOLTERS KLUWER BELGIUMMechelen 546 FTEfinancial year 2025
  3. 3 ClinisysGhent 99.8 FTEfinancial year 2025
  4. 4 FUJITSU TALENT BELGIUMMachelen (Brab.) 65.8 FTEfinancial year 2026
  5. 5 ZIMMOLeuven 48.9 FTEfinancial year 2025

Joint committees

from the latest accounts of 158 companies
  • 200 Auxiliary committee for white-collar workers 145
  • 100 Auxiliary committee for blue-collar workers 19
  • 227 Audiovisual sector 3
  • 124 Construction 2
  • 149.01 Electricians: installation and distribution 2
  • 201 Independent retail 2
  • 130 Printing, graphic arts and newspapers 1
  • 149 Sectors related to metal, mechanical and electrical engineering 1
Show the 4 others
  • 149.04 Metal trade 1
  • 314 Hairdressing and beauty care 1
  • 323 Building management, estate agents and domestic staff 1
  • 333 Tourist attractions 1

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

Division 58: Publishing

Related activities

1 other activity
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Publishing activities58210 175 47 1 19

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.

Staff cost per FTE in NACE division 58

267 employers
Median
€77,000
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 €72,300 €56,800 to €89,700 166
10 to 49 FTE €81,300 €70,800 to €95,600 80

21 of the 2,236 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 8,698 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)
  • Wallonia-Brussels Federation €54.1m paid 93 recipients · 2021 to 2025 · largest: Aide à la presse quotidienne écrite francophone
  • 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)
  • EU budget €6.2m attributed share 15 recipients · 2021 to 2025 · largest: Horizon Europe
  • EU research €10.7m EU contribution 15 recipients · 2010 to 2027 · largest: Horizon 2020

Explore every recipient in this sector

Insights on Other software publishing

Balance sheet and result. 17.5% of the annual accounts show negative equity, against 12.4% in Belgium. 33.2% of the annual accounts close with a loss, against 26.7% in Belgium. Liquidity of 1.91 is above Belgium's 1.66.

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

Inflow and structure. In 12 months, 20.1 of 100 companies started, against 8.9 in Belgium. That is more than in 98% of the 87 NACE divisions. Brussels holds 16.8% of the seats, against 12.5% in Belgium. Half of the companies are younger than 6.5 years, against 8.1 years in Belgium.

Staff and filing. The 5 largest employers hold 2,027 of the 3,031 FTE: 66.9%.

Direction. Median solvency fell from 50.7% in financial year 2020 to 48.9% in financial year 2025. The median net result rose from €12,820 in financial year 2020 to €14,451 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 58290 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.