Sound recording
Filed accounts
NACE 59201 · financial year 2025 · 174 filed annual accounts| Per financial year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Median solvency | 38.4% | 38.5% | 42.9% | 46.9% | 48.8% | 44.3% |
| Median net result | €3,022 | €7,334 | €8,100 | €6,700 | €7,056 | €8,423 |
Hold your customer's or competitor's figures against them in the Sector benchmark
Bankruptcies
Recent bankruptcies
| Date | Company |
|---|---|
| 05-11-2026 | Sancover Music Entertainment
BE 0745.845.272 |
| 28-10-2026 | Mayfaro
BE 0791.864.448 |
| 22-05-2026 | Limbu, Kush
BE 0731.885.487 · sole trader · Ostend |
| 22-10-2025 | 347 Créations
BE 0896.961.176 |
| 26-06-2025 | De Marlie, Robin
BE 0788.586.046 · sole trader · Maldegem |
Spread across the country
by region and province · 362 of 800 enterprises with a registered office on file · a sole trader has no published seat- Flanders
- Brussels
- Wallonia
- Abroad
The balance sheets of division 59 on the map, by municipality and down to the address
Largest employers
NACE 59201 as first main activity · staff from the latest accounts- 1 DWXOud-Turnhout 6.4 FTEfinancial year 2025
- 2 Sonhouse FlandersAntwerp 4.5 FTEfinancial year 2025
- 3 HOUSE OF MEDIAGhent 3.8 FTEfinancial year 2025
- 4 TCHIC TCHACBrussels 1.0 FTEfinancial year 2025
- 5 ROUE LIBRE PRODUCTIONForest 0.3 FTEfinancial year 2025
Joint committees
from the latest accounts of 17 companies- 227 Audiovisual sector 10
- 304 Performing arts 4
- 100 Auxiliary committee for blue-collar workers 2
- 200 Auxiliary committee for white-collar workers 2
- 201 Independent retail 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
3 other activities| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| Motion picture, video and television programme production, sound recording and music publishing activities59203 | 583 | 32 | 2 | 172 |
| Motion picture, video and television programme production, sound recording and music publishing activities59202 | 254 | 33 | 0 | 45 |
| Motion picture, video and television programme production, sound recording and music publishing activities59209 | 124 | 7 | 3 | 48 |
Bankruptcies per year in division 59
| Per year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bankruptcies | 28 | 21 | 26 | 32 | 30 | 27 | 17 | 29 | 32 | 32 | 39 | 33 |
| Jobs lost | 35 | 37 | 54 | 46 | 54 | 103 | 48 | 52 | 54 | 40 | 56 | 74 |
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| Size | Median | Middle half | Employers |
|---|---|---|---|
| fewer than 10 FTE | €59,500 | €45,800 to €77,600 | 168 |
| 10 to 49 FTE | €70,900 | €58,400 to €94,600 | 84 |
Employers with the highest staff cost per FTE in this division All sectors by staff cost In the Analysis workbench
Running bankruptcies in the sector
NACE division 59Measured 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.
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
- Federal transfers 40,275 amount as published
- Wallonia-Brussels Federation €120.1m paid
- EU budget €59.0m attributed share
- EU research €604,500 EU contribution
Insights on Sound recording
Balance sheet and result. Return on equity of 27.7% is above Belgium's 15.9%. The median net result of €8,423 is below Belgium's €16,516. 16.1% of the annual accounts show negative equity, against 12.4% in Belgium.
Bankruptcies. The median bankruptcy probability of 0.3% is above Belgium's 0.2%.
Inflow and structure. Brussels holds 26.6% of the seats, against 12.5% in Belgium. Half of the companies are younger than 5.3 years, against 8.1 years in Belgium. 54.8% of the companies are sole traders, against 41.6% in Belgium.
Staff and filing. 48.1% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 16 of the 16 FTE: 100.0%.
Direction. Median solvency rose from 38.4% in financial year 2020 to 44.3% in financial year 2025. The median net result rose from €3,022 in financial year 2020 to €8,423 in financial year 2025.
The comparison with Belgium as a whole and with the other divisions is as of 07-11-2026 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 59201 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 1,276,547 companies with a main activity, because only those belong to a division. The other 699,272 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.