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Real estate activities

NACE 681
Current registrations17,916
Starters, 12 months · division 68
2,958
Employment (FTE) · division 68
27,691
Median age · division 68
11.4 years

In NACE division 68, 5.4 companies per 100 started in the past twelve months, against 7.5 nationally; that is lower than that of 66% of the 87 NACE divisions with this figure. Comparison: as of 16-10-2026 05:30.

Key figures for NACE division 68

financial year 2025 · median over 33,555 filed annual accounts
Median solvency
31.5%
lower than 91% of the 79 divisions with this figure
Median equity
€163,913
higher than 56% of the 79 divisions with this figure
Median net result
€8,135
lower than 77% of the 79 divisions with this figure
Annual accounts in sample
33,555

Foreign control in NACE division 68

44,354 registered companies

Staff cost per FTE in NACE division 68

2,660 employers
Median
€62,200
Belgium €61,400
Middle half
€48,700 to €79,600
half of the employers lie between
Place among sectors
53 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €60,200 €47,400 to €78,000 2,218
10 to 49 FTE €70,400 €57,900 to €84,200 368
50 to 249 FTE €75,800 €69,600 to €87,000 69

Bankruptcies

past five years
Bankruptcies (5y)
362
Historical share
2.02%

Nationally, 1.61% of current registrations have a published bankruptcy opening in the past five years. This sector's historical share is higher than that of 70% of the 88 NACE divisions with this figure. The median bankruptcy probability in NACE division 68 is 0.2%, against 0.2% nationally, over 39,290 scored companies. Comparison: as of 16-10-2026 05:30.

Bankruptcies still running

NACE division 68
Running bankruptcies
650
Half have run longer than
28 months
Belgium: 21 months
Longer than three years
39%
Belgium: 31%

Measured nationally: Of 108,054 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entities across Belgium, 49% were closed within five years for insufficient assets and 28% after liquidation, 3% were withdrawn; 20% were still open after five years.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 16 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 · 17,170 of 17,916 enterprises with a registered office on file
Flanders 11,659 · 67.9%
Wallonia 3,660 · 21.3%
Brussels 1,844 · 10.7%
Unknown 7 · 0.0%

Recent bankruptcies in this sector

8
Date Company
13-10-2026 MOZAIEK VAN CAUTER
BE 0662.991.634
30-09-2026 MODE ARIANE
BE 0446.786.948
28-09-2026 BOCCHIO INVEST
BE 0649.821.806
28-09-2026 INFINIXO REAL ESTATE
BE 0770.526.527
24-09-2026 PROMO SERVICES GROUP
BE 0667.519.554
21-09-2026 RENO DEVI
BE 0683.805.062
18-09-2026 ELITE-IMMO CONSULTING
BE 0653.972.911
16-09-2026 OUD BEGIJNHOF
BE 0509.952.457

Geographic distribution

by province · based on the registered office
fewer moremax 3,121

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €2.05bn awarded 3,838 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 33 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 681 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 key figures cover the whole NACE division 68, not NACE 681 on its own: there are too few filed annual accounts per five-digit code to compute them separately. The middle company of the sector, based on all filed annual accounts.