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Financial service activities, except insurance and pension funding

NACE 64923 · division 64 Financial services
Current registrations 28division 64: 26,064
Starters, 12 months 758division 64 · 2.9 per 100 · Belgium 7.5
Employment (FTE) 35,522division 64 · financial year 2025
Median age 9.3 yearsdivision 64 · Belgium 10.7 years

No bankruptcy in the past five years.

Filed accounts of the division

NACE division 64 · financial year 2025 · 20,563 filed annual accounts
Median solvency
52.6%
Belgium 46.2%
Median net result
€42,585
Belgium €16,549
Median equity
€328,930
Belgium €98,514
Loss-making
20.3%
Belgium 26.7%
Negative equity
6.0%
Belgium 12.4%
Median return on equity
13.7%
Belgium 15.9%
Median liquidity
1.33
Belgium 1.66

Staff cost per FTE in NACE division 64

1,869 employers
Median
€81,200
Belgium €61,400
Middle half
€62,400 to €104,500
half of the employers lie between
Place among sectors
10 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €77,700 €59,400 to €99,700 1,491
10 to 49 FTE €93,300 €75,600 to €119,600 294
50 to 249 FTE €98,300 €79,800 to €133,700 73

Running bankruptcies in the sector

NACE division 64
Number
226
Half have run longer than
21 months
Belgium: 20 months
Longer than three years
32%
Belgium: 31%

Measured nationally: Of 108,548 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entities across Belgium, 49% were closed within five years for insufficient assets and 28% after liquidation, 3% were withdrawn.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 4 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

Spread across the country

by region and province · 26 of 28 enterprises with a registered office on file
  • Flanders 14 · 53.8%
  • Brussels 7 · 26.9%
  • Wallonia 4 · 15.4%
  • Unknown 1 · 3.8%
fewer moremax 7

Largest employers

NACE division 64 · staff from the latest accounts
  1. 1 KBC Global ServicesSint-Jans-Molenbeek 5,737 FTEfinancial year 2025
  2. 2 HOME CLEAN SERVICESNamur 1,463 FTEfinancial year 2025
  3. 3 EMEIS VLAANDERENUkkel 1,152 FTEfinancial year 2025
  4. 4 KBC GroepSint-Jans-Molenbeek 634 FTEfinancial year 2025
  5. 5 Veolia Environmental Services BeluxSint-Gillis (bij-Brussel) 627 FTEfinancial year 2025

209 of the 24,570 companies in NACE division 64 have a parent company abroad. Main parent countries: France (63), Netherlands (44) and Luxembourg (30). Together they employ 4,372 of the division's 30,981 FTE: 14%, against 15% for Belgium as a whole.

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €547.6m awarded 2,564 recipients · 2022 to 2025 · largest: Vlaams Gemeentefonds
  • Federal transfers 104.6m amount as published 18 recipients · 2023 to 2025 · largest: Subsidies aan het kapitaal van de Belgische Investeringsmaatschappij voor Ontwikkelingslanden (BIO) (nieuwe basisallocatie)
  • Wallonia-Brussels Federation €649,932 paid 1 recipient · 2023 to 2025 · largest: Subvention au fonds d'investissement Start destinée à couvrir ses frais de fonctionnement
  • EU budget €545.3m attributed share 24 recipients · 2021 to 2025 · largest: Rents and purchases
  • EU research €24.5m eu contribution 33 recipients · 2008 to 2027 · largest: Horizon 2020

Explore every recipient in this sector

Insights on Financial service activities, except insurance and pension funding

The number of starters per 100 companies in NACE division 64 is lower than that of 87% of the 87 NACE divisions with this figure.

This sector's historical share is lower than that of 91% of the 88 NACE divisions with this figure.

The median bankruptcy probability in NACE division 64 is 0.2%, against 0.2% for Belgium as a whole. It is computed over 644 scored companies.

The comparison with Belgium as a whole and with the other divisions is as of 04-11-2026 05:30.

Method and sources

Every company registered today counts under its main activities in the KBO. Establishment units do not count. The count follows the NACE 2025 classification, the version in which code 64923 exists.

The historical share is the share of current registrations for which a bankruptcy opening was published in the past five years. A company with more than one main activity counts in each of those sectors. The historical share is not a future bankruptcy probability.

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 "higher than 80%" compares with the other divisions that have the figure. A division's bankruptcy probability is the median over its companies with a score. Their number is given with the figure.

The filed-accounts figures cover the whole NACE division 64, not only NACE 64923. There are too few filed annual accounts per five-digit code to compute them separately. Each median is the value of the middle company, computed over the division's 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.