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Activities of head offices

Current registrations 5,757division 70: 88,179
Starters, 12 months 94216.4 per 100 · Belgium 8.9
Bankruptcies, 12 months 142.4 per 1,000 registrations · Belgium 6.2
Employment (FTE) 8,275317 employers · latest accounts
Median age 5.1 yearsBelgium 8.1 years
E-invoicing via Peppol 95.4%5,491 of 5,757 companies in the Peppol Directory · Belgium 85.0%

Filed accounts

NACE 70100 · financial year 2025 · 3,582 filed annual accounts
Median solvency
50.5%
division 54.2% · Belgium 46.1%
Median net result
€38,171
division €29,721 · Belgium €16,520
Median equity
€201,923
division €113,326 · Belgium €98,421
Loss-making
18.9%
division 20.5% · Belgium 26.7%
Negative equity
6.5%
division 8.0% · Belgium 12.4%
Median return on equity
19.2%
division 22.2% · Belgium 15.9%
Median liquidity
1.50
division 1.88 · Belgium 1.66
Filed late
25.7%
financial year 2024, 3,198 filings · division 31.9% · Belgium 38.4%
Missing or 90 days late
2.9%
of 3,764 companies with annual accounts · division 3.4% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 50.4%51.0%50.5%51.7%51.4%50.5%
Median net result €33,994€38,435€38,152€41,758€39,185€38,171

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

Bankruptcies

Bankruptcies, 5 years, still registered
36
0.63% of the registrations · Belgium 1.68%
Running bankruptcies
44
7.6 per 1,000 registrations

Recent bankruptcies

Date Company
05-11-2026 Verelst International
BE 0562.927.424
23-09-2026 YBO Consult
BE 0805.166.415
07-09-2026 B2B Lighting
BE 1021.221.047
07-07-2026 Red Apple Investments
BE 0673.600.860
08-06-2026 Dumolein
BE 0652.781.294
08-06-2026 L.Y. Management
BE 0787.757.982
27-04-2026 SCRIVENDO
BE 0774.633.981
09-03-2026 MSVDM
BE 0794.742.774

Every bankruptcy in division 70, last 90 days

Spread across the country

by region and province · 5,642 of 5,757 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 4,913 · 87.1%
  • Wallonia 446 · 7.9%
  • Brussels 244 · 4.3%
  • Abroad 39 · 0.7%
fewer moremax 1,813

Largest employers

NACE 70100 as first main activity · staff from the latest accounts
  1. 1 DHL WORLDWIDE NETWORKMachelen (Brab.) 436 FTEfinancial year 2025
  2. 2 Deloitte Services & InvestmentsZaventem 392 FTEfinancial year 2025
  3. 3 St. Jude Medical Coordination CenterZaventem 349 FTEfinancial year 2025
  4. 4 UCM Groupe Social et EconomiqueNamur 286 FTEfinancial year 2025
  5. 5 ENGIE CCBrussels 254 FTEfinancial year 2025

Joint committees

from the latest accounts of 607 companies
  • 200 Auxiliary committee for white-collar workers 453
  • 100 Auxiliary committee for blue-collar workers 91
  • 201 Independent retail 18
  • 209 White-collar workers in metal manufacturing 18
  • 302 Hotels and catering 14
  • 207 White-collar workers in the chemical industry 13
  • 220 White-collar workers in the food industry 13
  • 226 White-collar workers in international trade, transport and logistics 10
Show the 12 others
  • 323 Building management, estate agents and domestic staff 10
  • 112 Garages 7
  • 124 Construction 7
  • 118 Food industry 6
  • 111 Metal, mechanical and electrical engineering 5
  • 336 Liberal professions 5
  • 119 Food trade 4
  • 121 Cleaning 4
  • 140.03 Road transport and logistics for third parties 4
  • 214 White-collar workers in the textile industry 4
  • 313 Pharmacies and pricing offices 4
  • 326 Gas and electricity 4

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

Division 70: Head offices and management consultancy

Related activities

1 other activity
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Business and other management consultancy70200 82,585 8,173 251 45,686

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.

Staff cost per FTE in NACE division 70

2,960 employers
Median
€75,100
Belgium €61,400
Middle half
€56,100 to €96,300
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 €70,000 €52,300 to €92,400 2,163
10 to 49 FTE €82,800 €68,300 to €105,600 627
50 to 249 FTE €93,600 €78,500 to €120,700 143
250 FTE or more €83,400 €68,200 to €104,200 27

Running bankruptcies in the sector

NACE division 70
Number
626
Half have run longer than
18 months
Belgium: 20 months
Longer than three years
28%
Belgium: 31%

Measured nationally: Of 108,562 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 6 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

238 of the 74,927 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 53,961 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 €583.5m EU contribution 196 recipients · 2008 to 2027 · largest: Horizon Europe

Explore every recipient in this sector

Insights on Activities of head offices

Balance sheet and result. The median net result of €38,171 is above Belgium's €16,520. 6.5% of the annual accounts show negative equity, against 12.4% in Belgium. 18.9% of the annual accounts close with a loss, against 26.7% in Belgium.

Bankruptcies. In 12 months, 2.4 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is fewer than in 70% of the 88 NACE divisions. The median bankruptcy probability of 0.1% is below Belgium's 0.2%.

Inflow and structure. 2.0% of the companies are sole traders, against 41.6% in Belgium. In 12 months, 16.4 of 100 companies started, against 8.9 in Belgium. That is more than in 95% of the 87 NACE divisions. Half of the companies are younger than 5.1 years, against 8.1 years in Belgium.

Staff and filing. 25.7% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 1,717 of the 8,275 FTE: 20.7%.

Direction. The median net result rose from €33,994 in financial year 2020 to €38,171 in financial year 2025.

The comparison with Belgium as a whole and with the other divisions is as of 06-11-2026 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 70100 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 1,276,581 companies with a main activity, because only those belong to a division. The other 698,987 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. The direction per financial year follows the companies still registered today. Missing or 90 days late counts the companies with accounts missing today, or whose latest were filed more than 90 days after the deadline. The dossier follows the same rule.