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Real estate activities

NACE 683
Current registrations16,222
Starters, 12 months · division 68
2,937
Employment (FTE) · division 68
27,638
Median age · division 68
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 87 NACE divisions. Comparison: as of 11-10-2026 05:30.

Key figures for NACE division 68

financial year 2025 · median over 33,372 filed annual accounts
Median solvency
31.5%
lower than 91% of 79 divisions
Median equity
€164,495
higher than 54% of 79 divisions
Median net result
€8,204
lower than 77% of 79 divisions
Annual accounts in sample
33,372

Foreign control in NACE division 68

44,586 registered companies

Staff cost per FTE in NACE division 68

2,659 employers
Median
€62,200
Belgium €61,300
Middle half
€48,700 to €79,600
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 €60,200 €47,400 to €77,900 2,217
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)
140
Historical share
0.86%

Nationally, 1.60% of current registrations have a published bankruptcy opening in the past five years. This sector's historical share is lower than that of 59% of the 88 NACE divisions. The median bankruptcy probability in NACE division 68 is 0.2%, against 0.2% nationally, over 39,239 scored companies. Comparison: as of 11-10-2026 05:30.

Bankruptcies still running

NACE division 68
Running bankruptcies
649
Half have run longer than
28 months
Belgium: 21 months
Longer than three years
39%
Belgium: 31%

Measured nationally: Of 107,837 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entities across Belgium, 49% were closed within five years for insufficient assets and 28% after liquidation, 3% were withdrawn; 20% were still open after five years.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 11 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 · 12,292 of 16,222 enterprises with a registered office on file
Flanders 7,063 · 57.5%
Wallonia 2,727 · 22.2%
Brussels 2,495 · 20.3%
Unknown 7 · 0.1%

Recent bankruptcies in this sector

8
Date Company
02-10-2026 Les Entreprises Rero
BE 0408.340.603
24-09-2026 BRIDINVEST REAL ESTATE
BE 0732.786.696
23-09-2026 WE LIVING VASTGOED
BE 0804.211.954
15-09-2026 Pfaff, Rafael
BE 0637.788.460 · sole trader · Vilvoorde
25-08-2026 Podziukas, Bruno
BE 0628.610.379 · sole trader · Charleroi
25-08-2026 C.M.M.V.
BE 0673.839.501
13-08-2026 INVAST
BE 0760.557.796
23-07-2026 HELLO AANKOOPBEGELEIDING
BE 0662.646.590

Geographic distribution

by province · based on the establishment address
fewer moremax 2,495

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €2.05bn awarded 3,841 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 683 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 683 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.