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Production of cinema films

Current registrations 1,303division 59: 7,984
Starters, 12 months 584.5 per 100 · Belgium 8.9
Bankruptcies, 12 months 32.3 per 1,000 registrations · Belgium 6.2
Employment (FTE) 76778 employers · latest accounts
Median age 10.0 yearsBelgium 8.1 years
E-invoicing via Peppol 87.5%1,140 of 1,303 companies in the Peppol Directory · Belgium 85.0%

Filed accounts

NACE 59111 · financial year 2025 · 682 filed annual accounts
Median solvency
34.9%
division 43.0% · Belgium 46.1%
Median net result
€4,468
division €6,135 · Belgium €16,497
Median equity
€41,373
division €53,956 · Belgium €98,338
Loss-making
38.8%
division 35.4% · Belgium 26.7%
Negative equity
18.6%
division 16.2% · Belgium 12.4%
Median return on equity
8.7%
division 12.0% · Belgium 15.9%
Median liquidity
1.52
division 1.62 · Belgium 1.66
Filed late
46.9%
financial year 2024, 684 filings · division 41.1% · Belgium 38.4%
Missing or 90 days late
5.0%
of 737 companies with annual accounts · division 5.2% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 34.3%34.8%38.7%38.1%37.7%34.9%
Median net result €2,577€4,424€3,899€4,778€2,318€4,468

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

Bankruptcies

Bankruptcies, 5 years, still registered
14
1.07% of the registrations · Belgium 1.68%
Running bankruptcies
25
19.2 per 1,000 registrations

Recent bankruptcies

Date Company
03-11-2026 Sowikromo, Carolyn
BE 0773.450.284 · sole trader · Antwerp
19-06-2026 STORYHOUSE
BE 0521.861.384
16-06-2026 BELGA PICTURES
BE 0645.920.129
12-06-2026 BE REVOLUTION PICTURES
BE 0640.764.281
22-10-2025 THE PRODUCER
BE 0464.547.648
18-09-2025 CAOCAO.BE
BE 0672.544.550
17-09-2025 BE REVOLUTION PICTURES
BE 0640.764.281
16-09-2025 NRW
BE 0888.885.333

Every bankruptcy in division 59, last 90 days

Spread across the country

by region and province · 981 of 1,303 enterprises with a registered office on file · a sole trader has no published seat
  • Brussels 437 · 44.5%
  • Flanders 280 · 28.5%
  • Wallonia 260 · 26.5%
  • Abroad 4 · 0.4%
fewer moremax 437

Largest employers

NACE 59111 as first main activity · staff from the latest accounts
  1. 1 DREAMWALLCharleroi 85.5 FTEfinancial year 2025
  2. 2 LYLO MEDIA GROUPAnderlecht 60.0 FTEfinancial year 2025
  3. 3 TheGreenShotIxelles 49.1 FTEfinancial year 2024
  4. 4 TREENITY SOLUTIONS 35.2 FTEfinancial year 2019
  5. 5 KaaitheaterBrussels 33.4 FTEfinancial year 2025

Joint committees

from the latest accounts of 112 companies
  • 303.01 Film industry 51
  • 227 Audiovisual sector 43
  • 100 Auxiliary committee for blue-collar workers 11
  • 303 Film industry 11
  • 200 Auxiliary committee for white-collar workers 9
  • 304 Performing arts 2
  • 111 Metal, mechanical and electrical engineering 1
  • 302 Hotels and catering 1
Show the 1 others
  • 329.02 Socio-cultural sector 1

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

Division 59: Film, video and music

Related activities

6 other activities

Bankruptcies per year in division 59

Per year201520162017201820192020202120222023202420252026
Bankruptcies282126323027172932323933
Jobs lost3537544654103485254405674

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 59

264 employers
Median
€65,400
Belgium €61,400
Middle half
€51,000 to €83,100
half of the employers lie between
Place among sectors
41 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €59,500 €45,800 to €77,600 168
10 to 49 FTE €70,900 €58,400 to €94,600 84

Running bankruptcies in the sector

NACE division 59
Number
73
Half have run longer than
23 months
Belgium: 20 months
Longer than three years
41%
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

23 of the 4,309 companies in NACE division 59 have a parent company abroad. Main parent countries: France (7), Netherlands (7) and United Kingdom (3). Together they employ 694 of the division's 3,956 FTE: 18%, against 14% for Belgium as a whole.

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €148.4m awarded 471 recipients · 2022 to 2025 · largest: Projectsubsidie voor een initiatief in de audiovisuele of gamesector (Decreet Vlaams Audiovisueel Fonds 1999)
  • Wallonia-Brussels Federation €120.1m paid 339 recipients · 2021 to 2025 · largest: Unnamed in the register
  • Federal transfers 40,275 amount as published 3 recipients · 2023 to 2025 · largest: Toelagen aan privé-organisaties in het kader van de diversiteit, de interculturaliteit en de gelijkheid van kansen
  • EU budget €59.0m attributed share 89 recipients · 2021 to 2025 · largest: Creative Europe
  • EU research €604,500 EU contribution 7 recipients · 2017 to 2025 · largest: Horizon Europe

Explore every recipient in this sector

Insights on Production of cinema films

Balance sheet and result. The median net result of €4,468 is below Belgium's €16,497. 18.6% of the annual accounts show negative equity, against 12.4% in Belgium. Return on equity of 8.7% is below Belgium's 15.9%.

Bankruptcies. The median bankruptcy probability of 0.3% is above Belgium's 0.2%.

Inflow and structure. Brussels holds 44.7% of the seats, against 12.5% in Belgium. In 12 months, 4.5 of 100 companies started, against 8.9 in Belgium. That is fewer than in 75% of the 87 NACE divisions. 24.7% of the companies are sole traders, against 41.6% in Belgium.

Staff and filing. 46.9% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 263 of the 767 FTE: 34.3%.

Direction. The median net result rose from €2,577 in financial year 2020 to €4,468 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 59111 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.