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Motion picture, video and television programme production, sound recording and music publishing activities

Current registrations 583division 59: 7,986
Starters, 12 months 325.5 per 100 · Belgium 8.9
Bankruptcies, 12 months 23.4 per 1,000 registrations · Belgium 6.2
Employment (FTE) 17219 employers · latest accounts
Median age 9.3 yearsBelgium 8.1 years
E-invoicing via Peppol 84.7%494 of 583 companies in the Peppol Directory · Belgium 85.0%

Filed accounts

NACE 59203 · financial year 2025 · 197 filed annual accounts
Median solvency
42.7%
division 43.0% · Belgium 46.1%
Median net result
€2,148
division €6,135 · Belgium €16,520
Median equity
€53,159
division €53,784 · Belgium €98,421
Loss-making
44.2%
division 35.4% · Belgium 26.7%
Negative equity
25.4%
division 16.3% · Belgium 12.4%
Median return on equity
9.0%
division 12.1% · Belgium 15.9%
Median liquidity
1.55
division 1.62 · Belgium 1.66
Filed late
45.9%
financial year 2024, 207 filings · division 41.1% · Belgium 38.4%
Missing or 90 days late
8.6%
of 220 companies with annual accounts · division 5.2% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 40.6%42.9%39.3%40.7%44.3%42.7%
Median net result €3,194€6,968€4,798€6,283€8,683€2,148

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

Bankruptcies

Bankruptcies, 5 years, still registered
5
0.86% of the registrations · Belgium 1.68%
Running bankruptcies
6
10.3 per 1,000 registrations

Recent bankruptcies

Date Company
28-05-2026 ABERI MOSKA GROUP
BE 0785.857.475
18-11-2025 LES MAGNIFIQUES PUBLISHING
BE 0798.525.675
12-02-2025 PSYCHOMED.COM
BE 0889.047.263
27-11-2024 TuneClix
BE 0556.616.088
27-11-2023 GALAXY STUDIOS
BE 0423.224.460

Every bankruptcy in division 59, last 90 days

Spread across the country

by region and province · 348 of 583 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 156 · 44.8%
  • Brussels 114 · 32.8%
  • Wallonia 78 · 22.4%
fewer moremax 114

Largest employers

NACE 59203 as first main activity · staff from the latest accounts
  1. 1 UNIVERSAL MUSICBrussels 34.0 FTEfinancial year 2025
  2. 2 PLAY IT AGAIN SAMBrussels 32.2 FTEfinancial year 2025
  3. 3 L & L Stage ServiceMeerhout 26.6 FTEfinancial year 2025
  4. 4 SONY MUSIC ENTERTAINMENT BELGIUMBrussels 20.5 FTEfinancial year 2026
  5. 5 Forest, centre culturelForest 10.5 FTEfinancial year 2025

Joint committees

from the latest accounts of 35 companies
  • 200 Auxiliary committee for white-collar workers 25
  • 227 Audiovisual sector 8
  • 100 Auxiliary committee for blue-collar workers 6
  • 304 Performing arts 2
  • 303 Film industry 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

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
40%
Belgium: 31%

Measured 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.

Outcome by court and division

23 of the 4,305 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)
  • 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
  • Wallonia-Brussels Federation €120.1m paid 339 recipients · 2021 to 2025 · largest: Unnamed in the register
  • 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 Motion picture, video and television programme production, sound recording and music publishing activities

Balance sheet and result. 25.4% of the annual accounts show negative equity, against 12.4% in Belgium. The median net result of €2,148 is below Belgium's €16,520. 44.2% of the annual accounts close with a loss, against 26.7% in Belgium.

Inflow and structure. Brussels holds 32.8% of the seats, against 12.5% in Belgium. In 12 months, 5.5 of 100 companies started, against 8.9 in Belgium. That is fewer than in 64% of the 87 NACE divisions. Half of the companies are younger than 9.3 years, against 8.1 years in Belgium.

Staff and filing. 45.9% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 124 of the 172 FTE: 71.8%.

Direction. Median solvency rose from 40.6% in financial year 2020 to 42.7% in financial year 2025. The median net result fell from €3,194 in financial year 2020 to €2,148 in financial year 2025.

The comparison with Belgium as a whole and with the other divisions is as of 06-11-2026 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 59203 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 1,276,581 companies with a main activity, because only those belong to a division. The other 698,987 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.