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Real estate activities

NACE 68
Current registrations55,456
Starters, 12 months
2,927
Employment (FTE)
27,625
Median age
11.4 years

In NACE division 68, 5.3 companies per 100 started in the past twelve months, against 7.5 nationally; that is lower than that of 66% of the 86 other NACE divisions. Comparison: as of 09-10-2026 05:30.

Key figures for NACE division 68

financial year 2025 · median over 33,620 filed annual accounts
Median solvency
31.7%
lower than 92% of 78 divisions
Median equity
€164,320
higher than 56% of 78 divisions
Median net result
€8,078
lower than 79% of 78 divisions
Annual accounts in sample
33,620

Foreign control in NACE division 68

44,505 registered companies

Staff cost per FTE in NACE division 68

2,651 employers
Median
€62,300
Belgium €61,300
Middle half
€48,700 to €79,700
half of the employers lie between
Place among sectors
53 of 78
by median staff cost per FTE
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €60,300 €47,400 to €78,000 2,212
10 to 49 FTE €70,500 €58,000 to €84,200 366
50 to 249 FTE €75,900 €69,800 to €87,200 68

Bankruptcies

past five years
Bankruptcies (5y)
610
Historical share
1.10%

Nationally, 1.61% of current registrations have a published bankruptcy opening in the past five years. This sector's historical share is lower than that of 51% of the 87 other NACE divisions. The median bankruptcy probability in NACE division 68 is 0.2%, against 0.2% nationally, over 39,610 scored companies. Comparison: as of 09-10-2026 05:30.

Bankruptcies still running

NACE division 68
Running bankruptcies
660
Half have run longer than
27 months
Belgium: 21 months
Longer than three years
38%
Belgium: 31%

Measured nationally: Of 107,750 bankruptcies of legal entities across Belgium, 49% were closed within five years for insufficient assets and 28% after liquidation, 3% were withdrawn; 20% were still open after five years. Half had ended after 26 months (a quarter after 15, three quarters after 51 months).

Counts companies with this main activity in the register on 9 October 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

Regional split

by region · 46,159 of 55,456 enterprises with a registered office on file
Flanders 29,031 · 62.9%
Wallonia 10,641 · 23.1%
Brussels 6,453 · 14.0%
Unknown 34 · 0.1%

Recent bankruptcies in this sector

8
Date Company
05-10-2026 EUPEN PLAZA MANAGEMENT
BE 0864.253.766
02-10-2026 Les Entreprises Rero
BE 0408.340.603
30-09-2026 MODE ARIANE
BE 0446.786.948
28-09-2026 INFINIXO REAL ESTATE
BE 0770.526.527
28-09-2026 BOCCHIO INVEST
BE 0649.821.806
24-09-2026 PROMO SERVICES GROUP
BE 0667.519.554
24-09-2026 BRIDINVEST REAL ESTATE
BE 0732.786.696
23-09-2026 WE LIVING VASTGOED
BE 0804.211.954

Geographic distribution

by province · based on the establishment address
fewer moremax 8,014

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €2.03bn awarded 3,836 recipients · 2022 to 2025 · largest: Tussenkomst FS3 aan initiatiefnemers
  • Federal transfers 301.0m amount as published 31 recipients · 2023 to 2025 · largest: Toelagen OCMW's recht op maatschappelijke integratie
  • Wallonia-Brussels Federation €85.0m paid 34 recipients · 2021 to 2025 · largest: Subventions forfaitaires dans le fondamental
  • EU budget €138.8m attributed share 51 recipients · 2021 to 2025 · largest: Rents and purchases
  • EU research €8.7m eu contribution 11 recipients · 2008 to 2027 · largest: Horizon Europe

Explore every recipient in this sector

How these figures are counted

Current enterprise registrations are counted through their registered main activities; establishment units are excluded. Counted in the KBO's NACE 2025 nomenclature, the one in which code 68 exists.

Share of currently registered companies with a published bankruptcy opening in the past five years. Registered main activities in the selected classification can overlap. This retrospective share is not a future bankruptcy probability.

The comparison with the country and with the other NACE divisions comes from a nightly overview of every division, each counted in the nomenclature in which it exists. A standing such as "higher than 80%" counts the other divisions that have the figure. The bankruptcy probability is the median of our nightly score over the division's companies that have one; the count is stated.

The middle company of the sector, based on all filed annual accounts.