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Scientific research and development

Current registrations 421division 72: 2,307
Starters, 12 months 5212.4 per 100 · Belgium 8.9
Employment (FTE) 37026 employers · latest accounts
Median age 8.8 yearsBelgium 8.1 years
E-invoicing via Peppol 73.9%311 of 421 companies in the Peppol Directory · Belgium 85.0%

No bankruptcy in the past twelve months.

Filed accounts

NACE 72200 · financial year 2025 · 134 filed annual accounts
Median solvency
53.8%
division 54.4% · Belgium 46.1%
Median net result
€25,295
division €16,994 · Belgium €16,500
Median equity
€274,247
division €258,987 · Belgium €98,350
Loss-making
30.1%
division 38.7% · Belgium 26.7%
Negative equity
9.0%
division 14.7% · Belgium 12.4%
Median return on equity
16.7%
division 12.1% · Belgium 15.9%
Median liquidity
2.21
division 2.32 · Belgium 1.66
Filed late
34.1%
financial year 2024, 132 filings · division 32.4% · Belgium 38.4%
Missing or 90 days late
6.1%
of 147 companies with annual accounts · division 4.2% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 59.9%60.5%59.7%55.7%51.9%53.8%
Median net result €22,540€34,021€35,458€36,379€27,617€25,295

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

Bankruptcies

Bankruptcies, 5 years, still registered
1
0.24% of the registrations · Belgium 1.68%
Running bankruptcies
2
4.8 per 1,000 registrations

Recent bankruptcies

Date Company
01-03-2024 HEARTKINETICS
BE 0728.461.387

Every bankruptcy in division 72, last 90 days

Spread across the country

by region and province · 253 of 421 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 104 · 41.1%
  • Brussels 83 · 32.8%
  • Wallonia 57 · 22.5%
  • Abroad 9 · 3.6%
fewer moremax 83

Largest employers

NACE 72200 as first main activity · staff from the latest accounts
  1. 1 Centre for European Policy StudiesBrussels 55.4 FTEfinancial year 2025
  2. 2 YITCHBornem 50.0 FTEfinancial year 2025
  3. 3 Breast International Group - Groupe International BreastWoluwe-Saint-Lambert 35.5 FTEfinancial year 2025
  4. 4 Technopolis Consulting group BelgiumWoluwe-Saint-Pierre 34.0 FTEfinancial year 2026
  5. 5 EUROPEAN SAFETY MAINTENANCECharleroi 28.6 FTEfinancial year 2025

Joint committees

from the latest accounts of 32 companies
  • 200 Auxiliary committee for white-collar workers 15
  • 337 Auxiliary committee for the non-profit sector 11
  • 330 Health institutions and services 3
  • 100 Auxiliary committee for blue-collar workers 1
  • 329 Socio-cultural sector 1
  • 329.01 Socio-cultural sector 1
  • 335 Services and support for business and the self-employed 1

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

Division 72: Research and development

Related activities

2 other activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Other research and development on natural sciences72109 1,164 58 6 18,378
Research and development on biotechnology72101 759 66 3 5,496

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

1,702 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 Scientific research and development

Balance sheet and result. The median net result of €25,295 is above Belgium's €16,500. Liquidity of 2.21 is above Belgium's 1.66. 9.0% of the annual accounts show negative equity, against 12.4% in Belgium.

Bankruptcies. The median bankruptcy probability of 0.1% is below Belgium's 0.2%.

Inflow and structure. Brussels holds 34.0% of the seats, against 12.5% in Belgium. In 12 months, 12.4 of 100 companies started, against 8.9 in Belgium. That is more than in 90% of the 87 NACE divisions. This activity holds 18.2% of the registrations of Research and development.

Staff and filing. 34.1% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 204 of the 370 FTE: 54.9%.

Direction. Median solvency fell from 59.9% in financial year 2020 to 53.8% in financial year 2025. The median net result rose from €22,540 in financial year 2020 to €25,295 in financial year 2025.

The comparison with Belgium as a whole and with the other divisions is as of 08-11-2026 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 72200 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 1,276,474 companies with a main activity, because only those belong to a division. The other 699,509 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.