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Research and development on biotechnology

Current registrations 759division 72: 2,307
Starters, 12 months 668.7 per 100 · Belgium 8.9
Bankruptcies, 12 months 34.0 per 1,000 registrations · Belgium 6.2
Employment (FTE) 5,496116 employers · latest accounts
Median age 7.3 yearsBelgium 8.1 years
E-invoicing via Peppol 84.2%639 of 759 companies in the Peppol Directory · Belgium 85.0%

Filed accounts

NACE 72101 · financial year 2025 · 486 filed annual accounts
Median solvency
52.9%
division 54.5% · Belgium 46.1%
Median net result
€8,826
division €16,948 · Belgium €16,516
Median equity
€218,222
division €259,177 · Belgium €98,395
Loss-making
44.2%
division 38.7% · Belgium 26.7%
Negative equity
17.7%
division 14.7% · Belgium 12.4%
Median return on equity
11.9%
division 12.0% · Belgium 15.9%
Median liquidity
2.38
division 2.32 · Belgium 1.66
Filed late
31.4%
financial year 2024, 459 filings · division 32.4% · Belgium 38.4%
Missing or 90 days late
3.3%
of 521 companies with annual accounts · division 4.3% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 57.7%57.4%59.1%56.8%54.3%52.9%
Median net result €11,954€19,872€10,629€12,178€7,064€8,826

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

Bankruptcies

Bankruptcies, 5 years, still registered
12
1.58% of the registrations · Belgium 1.68%
Running bankruptcies
11
14.5 per 1,000 registrations

Recent bankruptcies

Date Company
22-06-2026 ABR PRODUCTIONS
BE 0543.594.136
07-04-2026 SciMed Services & Solutions
BE 0744.556.360
13-11-2025 OP2LYSIS DEVELOPMENT
BE 0769.816.843
24-07-2025 FLYBLAST
BE 1001.037.129
02-05-2025 BEWISE
BE 0828.876.480
02-04-2025 ENERGY GREEN CONCEPT
BE 0766.761.244
28-02-2025 SYNGULON
BE 0521.816.349
29-01-2025 FOx Biosystems
BE 0653.744.366

Every bankruptcy in division 72, last 90 days

Spread across the country

by region and province · 689 of 759 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 345 · 50.1%
  • Wallonia 235 · 34.1%
  • Brussels 74 · 10.7%
  • Abroad 35 · 5.1%
fewer moremax 114

Largest employers

NACE 72101 as first main activity · staff from the latest accounts
  1. 1 UCB BIOPHARMAAnderlecht 1,395 FTEfinancial year 2025
  2. 2 VLAAMS INSTITUUT VOOR BIOTECHNOLOGIE - FLANDERS INSTITUTE FOR BIOTECHNOLOGYGhent 928 FTEfinancial year 2025
  3. 3 argenxGhent 511 FTEfinancial year 2025
  4. 4 KANEKA EUROGENTECSeraing 379 FTEfinancial year 2026
  5. 5 ABLYNXGhent 364 FTEfinancial year 2025

Joint committees

from the latest accounts of 192 companies
  • 207 White-collar workers in the chemical industry 97
  • 200 Auxiliary committee for white-collar workers 66
  • 116 Chemical industry 17
  • 100 Auxiliary committee for blue-collar workers 11
  • 330 Health institutions and services 11
  • 330.04 Health institutions and services 6
  • 220 White-collar workers in the food industry 4
  • 335 Services and support for business and the self-employed 2
Show the 9 others
  • 337 Auxiliary committee for the non-profit sector 2
  • 101 Mining 1
  • 145 Horticulture 1
  • 201 Independent retail 1
  • 209 White-collar workers in metal manufacturing 1
  • 226 White-collar workers in international trade, transport and logistics 1
  • 323 Building management, estate agents and domestic staff 1
  • 326 Gas and electricity 1
  • 336 Liberal professions 1

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

Division 72: Research and development

Related activities

1 other activity
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Other research and development on natural sciences72109 1,164 58 6 18,378

Bankruptcies per year in division 72

Per year201520162017201820192020202120222023202420252026
Bankruptcies74118148674172011
Jobs lost184263021513791317016437

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 72

303 employers
Median
€94,000
Belgium €61,400
Middle half
€73,400 to €118,300
half of the employers lie between
Place among sectors
3 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €93,000 €67,800 to €118,400 133
10 to 49 FTE €92,000 €74,100 to €111,500 114
50 to 249 FTE €95,000 €80,200 to €108,100 40

Foreign control in NACE division 72

1,701 registered companies

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €1.20bn awarded 257 recipients · 2022 to 2025 · largest: Subsidies voor Interuniversitair Micro-Elektronicacentrum (IMEC) vzw
  • Federal transfers 648.3m amount as published 41 recipients · 2023 to 2025 · largest: Dotatie aan het Studiecentrum voor Kernenergie (SCK)
  • Wallonia-Brussels Federation €203.4m paid 17 recipients · 2021 to 2025 · largest: Subvention légale au Fonds National de la Recherche Scientifique (FRS-FNRS), en ce compris les chercheurs permanents (Décret du 17/07/2013)
  • EU budget €1.36bn attributed share 125 recipients · 2021 to 2025 · largest: Horizon Europe
  • EU research €2.74bn EU contribution 181 recipients · 2007 to 2027 · largest: Horizon Europe

Explore every recipient in this sector

Insights on Research and development on biotechnology

Balance sheet and result. 44.2% of the annual accounts close with a loss, against 26.7% in Belgium. The median net result of €8,826 is below Belgium's €16,516. Liquidity of 2.38 is above Belgium's 1.66.

Inflow and structure. 9.2% of the companies are sole traders, against 41.6% in Belgium. Wallonia holds 35.9% of the seats, against 22.7% in Belgium. Half of the companies are younger than 7.3 years, against 8.1 years in Belgium.

Staff and filing. 31.4% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 3,577 of the 5,496 FTE: 65.1%.

Direction. Median solvency fell from 57.7% in financial year 2020 to 52.9% in financial year 2025. The median net result fell from €11,954 in financial year 2020 to €8,826 in financial year 2025.

The comparison with Belgium as a whole and with the other divisions is as of 07-11-2026 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 72101 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 1,276,547 companies with a main activity, because only those belong to a division. The other 699,272 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.