Activities of holding companies
Filed accounts
NACE 64210 · financial year 2025 · 19,672 filed annual accounts| Per financial year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Median solvency | 51.2% | 52.4% | 52.3% | 53.5% | 54.7% | 52.8% |
| Median net result | €31,029 | €38,157 | €39,429 | €41,797 | €40,818 | €42,475 |
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Bankruptcies
Recent bankruptcies
| Date | Company |
|---|---|
| 12-11-2026 | A & L
BE 0534.589.962 |
| 12-11-2026 | S.M.I.C.O.
BE 0804.648.553 |
| 10-11-2026 | Eurocon Infra
BE 0740.618.160 |
| 09-11-2026 | BRELA
BE 0788.365.718 |
| 05-11-2026 | Artdeco
BE 0536.582.818 |
| 05-11-2026 | Verelst International
BE 0562.927.424 |
| 05-11-2026 | AANNEMINGEN VERELST
BE 0896.183.196 |
| 28-10-2026 | JANSEN LABS
BE 0795.288.053 |
Spread across the country
by region and province · 24,291 of 24,448 enterprises with a registered office on file · a sole trader has no published seat- Flanders
- Wallonia
- Brussels
- Abroad
The balance sheets of division 64 on the map, by municipality and down to the address
Largest employers
NACE 64210 as first main activity · staff from the latest accounts- 1 EMEIS VLAANDERENUccle 1,152 FTEfinancial year 2025
- 2 Veolia Environmental Services BeluxSint-Gillis (bij-Brussel) 627 FTEfinancial year 2025
- 3 ALDI HOLDINGErpe-Mere 399 FTEfinancial year 2025
- 4 ACERTABrussels 363 FTEfinancial year 2025
- 5 SYENSQOBrussels 358 FTEfinancial year 2024
Joint committees
from the latest accounts of 2,820 companies- 200 Auxiliary committee for white-collar workers 2,203
- 100 Auxiliary committee for blue-collar workers 430
- 302 Hotels and catering 76
- 323 Building management, estate agents and domestic staff 73
- 201 Independent retail 69
- 313 Pharmacies and pricing offices 55
- 124 Construction 47
- 226 White-collar workers in international trade, transport and logistics 42
Show the 12 others
- 209 White-collar workers in metal manufacturing 33
- 207 White-collar workers in the chemical industry 26
- 220 White-collar workers in the food industry 21
- 307 Insurance brokers and agencies 21
- 119 Food trade 17
- 112 Garages 16
- 111 Metal, mechanical and electrical engineering 15
- 216 Notaries' employees 13
- 121 Cleaning 12
- 214 White-collar workers in the textile industry 12
- 336 Liberal professions 12
- 341 Intermediation in banking and investment services 12
Source: the annual accounts at the National Bank. One filing can name more than one committee.
Division 64: Financial services
Related activities
1 other activity| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| Financial service activities, except insurance and pension funding64220 | 10 | 3 | 0 | - |
Bankruptcies per year in division 64
| Per year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bankruptcies | 35 | 24 | 16 | 15 | 10 | 11 | 10 | 18 | 9 | 8 | 15 | 16 |
| Jobs lost | 88 | 198 | 18 | 16 | 12 | 16 | 12 | 59 | 13 | 10 | 15 | 20 |
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 64
1,865 employers| Size | Median | Middle half | Employers |
|---|---|---|---|
| fewer than 10 FTE | €77,800 | €59,400 to €99,700 | 1,488 |
| 10 to 49 FTE | €93,300 | €75,500 to €119,600 | 293 |
| 50 to 249 FTE | €98,300 | €79,800 to €133,700 | 73 |
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 64Measured nationally: Of 108,810 bankruptcies of legal entities across Belgium, 49% were closed within five years for insufficient assets and 29% 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 14 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.
209 of the 24,563 companies in NACE division 64 have a parent company abroad. Main parent countries: France (63), Netherlands (44) and Luxembourg (30). Together they employ 4,238 of the division's 30,648 FTE: 14%, against 14% for Belgium as a whole.
Subsidies in this sector
per register · legal entities with an enterprise number- Flemish subsidies €177.1m awarded
- Wallonia-Brussels Federation €649,932 paid
- Federal transfers 96.0m amount as published
- EU budget €544.9m attributed share
- EU research €23.2m EU contribution
Insights on Activities of holding companies
Balance sheet and result. The median net result of €42,475 is above Belgium's €16,468. 6.0% of the annual accounts show negative equity, against 12.4% in Belgium. 20.2% of the annual accounts close with a loss, against 26.7% in Belgium.
Bankruptcies. In 12 months, 2.9 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is fewer than in 65% of the 88 NACE divisions. The median bankruptcy probability of 0.2% is below Belgium's 0.2%.
Inflow and structure. 0.6% of the companies are sole traders, against 41.6% in Belgium. In 12 months, 2.8 of 100 companies started, against 8.9 in Belgium. That is fewer than in 90% of the 87 NACE divisions. Flanders holds 84.4% of the seats, against 64.7% in Belgium.
Staff and filing. 28.3% of the financial year 2024 accounts were filed late, against 38.5% in Belgium. The 5 largest employers hold 2,897 of the 17,715 FTE: 16.4%.
Direction. Median solvency rose from 51.2% in financial year 2020 to 52.8% in financial year 2025. The median net result rose from €31,029 in financial year 2020 to €42,475 in financial year 2025.
The comparison with Belgium as a whole and with the other divisions is as of 14-11-2026 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 64210 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 1,276,430 companies with a main activity, because only those belong to a division. The other 700,464 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.