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Activities of head offices; management consultancy activities

NACE 70
Current registrations 88,109
Starters, 12 months 9,03910.3 per 100 · Belgium 8.8
Bankruptcies, 12 months 2653.0 per 1,000 registrations · Belgium 6.2
Employment (FTE) 53,9903,344 employers · latest accounts
Median age 7.1 yearsBelgium 8.1 years

Activities

NACE division 70 · 2 activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Business and other management consultancy70200 82,523 8,108 251 45,702
Activities of head offices70100 5,749 935 14 8,288

Filed accounts

NACE division 70 · financial year 2025 · 56,688 filed annual accounts
Median solvency
54.2%
Belgium 46.1%
Median net result
€29,732
Belgium €16,539
Median equity
€113,282
Belgium €98,485
Loss-making
20.5%
Belgium 26.7%
Negative equity
8.0%
Belgium 12.4%
Median return on equity
22.2%
Belgium 15.9%
Median liquidity
1.88
Belgium 1.66
Filed late
31.9%
financial year 2024 · Belgium 38.4%
Per financial year20182019202020212022202320242025
Median solvency --52.3%53.8%54.3%55.3%56.6%54.7%
Median net result --€21,003€25,459€26,937€28,138€29,026€29,431
Filed late 36.6%41.7%39.3%37.5%35.6%33.6%31.9%-

Hold your customer's or competitor's figures against them in the Sector benchmark

Staff cost per FTE in NACE division 70

2,959 employers
Median
€75,100
Belgium €61,400
Middle half
€56,100 to €96,200
half of the employers lie between
Place among sectors
19 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €69,800 €52,300 to €92,400 2,163
10 to 49 FTE €82,800 €68,500 to €105,600 626
50 to 249 FTE €93,600 €78,500 to €120,700 143
250 FTE or more €83,400 €68,200 to €104,200 27

Bankruptcies

Bankruptcies, 5 years, still registered
646
0.73% of the registrations · Belgium 1.68%

Bankruptcies per year in division 70

Per year201520162017201820192020202120222023202420252026
Bankruptcies397391449484453307286380423447532349
Jobs lost6946256967616005595306458979781,034569

2026 through September. Every bankruptcy, also of companies that have since left the register. Source: Statbel (Directorate-General Statistics), NACE classification of 2008.

Recent bankruptcies

Date Company
03-11-2026 van der Elst, Jeroen Alexander
BE 0832.417.574 · sole trader · Antwerp
30-10-2026 Excel Transport & Logistics
BE 0724.898.816
29-10-2026 FINFLATE
BE 0753.796.205
29-10-2026 SERVICES ADMINISTRATION ET GESTION
BE 0802.446.158
28-10-2026 COMPAGNIE IMMOBILIERE INDUSTRIELLE DU LUXEMBOURG
BE 0405.619.950
28-10-2026 UQ
BE 0669.828.154
26-10-2026 VIANA & D ENTREPRISE
BE 0790.329.769
26-10-2026 i-Gott
BE 0890.924.214

Every bankruptcy in division 70, last 90 days

Running bankruptcies in the sector

NACE division 70
Number
627
Half have run longer than
18 months
Belgium: 20 months
Longer than three years
28%
Belgium: 31%

Measured nationally: Of 108,606 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 5 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 · 77,869 of 88,109 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 51,714 · 66.4%
  • Wallonia 15,554 · 20.0%
  • Brussels 10,286 · 13.2%
  • Abroad 315 · 0.4%
fewer moremax 15,935

Largest employers

NACE division 70 · staff from the latest accounts
  1. 1 RANDSTAD GROUP BELGIUMGrimbergen 1,909 FTEfinancial year 2025
  2. 2 DELAWARE CONSULTINGKortrijk 1,478 FTEfinancial year 2025
  3. 3 ACCENTUREBrussels 1,081 FTEfinancial year 2025
  4. 4 Update-proWijnegem 979 FTEfinancial year 2025
  5. 5 UNITED CONSULTINGNiel 749 FTEfinancial year 2025

Joint committees

from the latest accounts of 6,177 companies
  • 200 Auxiliary committee for white-collar workers 4,845
  • 100 Auxiliary committee for blue-collar workers 900
  • 201 Independent retail 169
  • 302 Hotels and catering 149
  • 336 Liberal professions 113
  • 323 Building management, estate agents and domestic staff 105
  • 124 Construction 74
  • 226 White-collar workers in international trade, transport and logistics 68
Show the 12 others
  • 209 White-collar workers in metal manufacturing 64
  • 207 White-collar workers in the chemical industry 47
  • 313 Pharmacies and pricing offices 43
  • 307 Insurance brokers and agencies 42
  • 335 Services and support for business and the self-employed 39
  • 111 Metal, mechanical and electrical engineering 38
  • 149.01 Electricians: installation and distribution 34
  • 112 Garages 32
  • 337 Auxiliary committee for the non-profit sector 30
  • 140.03 Road transport and logistics for third parties 28
  • 220 White-collar workers in the food industry 27
  • 119 Food trade 25

Source: the annual accounts at the National Bank. One filing can name more than one committee.

238 of the 74,930 companies in NACE division 70 have a parent company abroad. Main parent countries: Netherlands (54), France (44) and Luxembourg (31). Together they employ 10,561 of the division's 53,990 FTE: 20%, against 14% for Belgium as a whole.

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €229.9m awarded 7,306 recipients · 2022 to 2025 · largest: Ontwikkelingsproject
  • Federal transfers 40.7m amount as published 42 recipients · 2023 to 2025 · largest: Ondersteuning aan de bijdrage van de organisaties van de civiele maatschappij en institutionele actoren in de realisatie van de doelen van de gemeenschappelijke strategische kaders (cf. art. 2.14.6 en 2.14.10 van de wetsbepalingen)
  • Wallonia-Brussels Federation €5.8m paid 27 recipients · 2021 to 2025 · largest: Conventions et contrats programmes indexés dans le domaine des arts vivants
  • EU budget €1.60bn attributed share 221 recipients · 2021 to 2025 · largest: Neighbourhood, Development and International Cooperation Instrument, Global Europe
  • EU research €586.1m EU contribution 197 recipients · 2008 to 2027 · largest: Horizon Europe

Explore every recipient in this sector

Insights on Head offices and management consultancy

Balance sheet and result. The median net result of €29,732 is above Belgium's €16,539. Return on equity of 22.2% is above Belgium's 15.9%. 8.0% of the annual accounts show negative equity, against 12.4% in Belgium.

Bankruptcies. In 12 months, 3.0 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is fewer than in 64% of the 87 other NACE divisions. The median bankruptcy probability of 0.1% is below Belgium's 0.2%. By size, the median bankruptcy probability is 0.1% at under 10 FTE, 0.1% at 10 to 49 FTE, 0.1% at 50 to 249 FTE and 0.1% at 250 FTE or more.

Inflow and structure. 11.6% of the companies are sole traders, against 41.6% in Belgium. In 12 months, 10.3 of 100 companies started, against 8.8 in Belgium. That is more than in 78% of the 86 other NACE divisions. Half of the companies are younger than 7.1 years, against 8.1 years in Belgium.

Staff and filing. The median staff cost per FTE of €75,109 is above Belgium's €61,416. 31.9% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 6,197 of the 53,990 FTE: 11.5%.

Direction. Median solvency rose from 52.3% in financial year 2020 to 54.7% in financial year 2025. The median net result rose from €21,003 in financial year 2020 to €29,431 in financial year 2025. In 2025, Statbel counted 532 bankruptcies and 1,034 jobs lost, against 307 bankruptcies in 2020.

The comparison with Belgium as a whole and with the other divisions is as of 05-11-2026 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 70 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 1,275,887 companies with a main activity, because only those belong to a division. The other 699,448 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.