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Rental and leasing activities

Current registrations 108division 77: 8,431
Starters, 12 months 32.8 per 100 · Belgium 8.9
Employment (FTE) 558 employers · latest accounts
Median age 13.4 yearsBelgium 8.1 years
E-invoicing via Peppol 80.6%87 of 108 companies in the Peppol Directory · Belgium 85.0%

No bankruptcy in the past twelve months.

Filed accounts

NACE 77340 · financial year 2025 · 62 filed annual accounts
Median solvency
23.3%
division 33.6% · Belgium 46.1%
Median net result
-€7,773
division €10,279 · Belgium €16,500
Median equity
€99,010
division €136,742 · Belgium €98,350
Loss-making
59.7%
division 33.5% · Belgium 26.7%
Negative equity
29.0%
division 17.2% · Belgium 12.4%
Median return on equity
-1.1%
division 9.7% · Belgium 15.9%
Median liquidity
0.73
division 1.15 · Belgium 1.66
Filed late
41.3%
financial year 2024, 63 filings · division 38.8% · Belgium 38.4%
Missing or 90 days late
3.1%
of 65 companies with annual accounts · division 6.7% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 20.6%17.5%13.4%19.2%25.6%23.3%
Median net result €7,343-€3,519-€3,779€1,866€531-€7,773

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

Bankruptcies

Bankruptcies, 5 years, still registered
1
0.93% of the registrations · Belgium 1.68%
Running bankruptcies
1
9.3 per 1,000 registrations

Recent bankruptcies

Date Company
19-02-2024 SEANOX
BE 0827.452.956

Every bankruptcy in division 77, last 90 days

Spread across the country

by region and province · 88 of 108 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 62 · 70.5%
  • Wallonia 13 · 14.8%
  • Brussels 11 · 12.5%
  • Abroad 2 · 2.3%
fewer moremax 40

Largest employers

NACE 77340 as first main activity · staff from the latest accounts
  1. 1 GEO AQUAZwevegem 19.7 FTEfinancial year 2025
  2. 2 Beltra - BSchelle 13.0 FTEfinancial year 2025
  3. 3 CONNOISSEUR BELGIUMNieuwpoort 8.0 FTEfinancial year 2025
  4. 4 TERCOFIN BARGINGLiège 7.7 FTEfinancial year 2025
  5. 5 GENERAL BUNKERING SERVICESAntwerp 3.0 FTEfinancial year 2026

Joint committees

from the latest accounts of 9 companies
  • 200 Auxiliary committee for white-collar workers 5
  • 100 Auxiliary committee for blue-collar workers 3
  • 139 Inland shipping 2
  • 209 White-collar workers in metal manufacturing 1
  • 226 White-collar workers in international trade, transport and logistics 1
  • 302 Hotels and catering 1

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

Division 77: Rental and leasing

Related activities

9 other activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Renting and leasing of other machinery, equipment and tangible goods77399 1,178 102 5 2,511
Rental and leasing activities77320 654 29 6 1,579
Rental and leasing activities77392 456 32 1 243
Rental and leasing activities77310 222 3 1 74
Rental and leasing activities77330 173 9 1 366
Rental and leasing activities77391 154 25 0 80
Show all 9 activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Rental and leasing activities77394 119 9 0 279
Rental and leasing activities77350 106 4 1 27
Rental and leasing activities77393 16 5 0 -

Bankruptcies per year in division 77

Per year201520162017201820192020202120222023202420252026
Bankruptcies844664616337383470576138
Jobs lost12666971471094763651048610960

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 77

686 employers
Median
€64,700
Belgium €61,400
Middle half
€51,600 to €77,500
half of the employers lie between
Place among sectors
46 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €61,500 €48,800 to €76,100 451
10 to 49 FTE €68,200 €58,000 to €80,800 187
50 to 249 FTE €73,000 €60,800 to €90,800 41

Running bankruptcies in the sector

NACE division 77
Number
110
Half have run longer than
24 months
Belgium: 20 months
Longer than three years
38%
Belgium: 31%

Measured nationally: Of 108,642 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 7 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

Foreign control in NACE division 77

5,099 registered companies

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €32.2m awarded 783 recipients · 2022 to 2025 · largest: Ecologiepremie+
  • Federal transfers 56.4m amount as published 12 recipients · 2023 to 2025 · largest: Dotatie aan het Algemeen Rijksarchief. (ARA)
  • Wallonia-Brussels Federation €108,350 paid 8 recipients · 2021 to 2025 · largest: Unnamed in the register
  • EU budget €1.1m attributed share 7 recipients · 2022 to 2025 · largest: General equipment, vehicle, furniture
  • EU research €1.5m EU contribution 3 recipients · 2015 to 2026 · largest: Horizon 2020

Explore every recipient in this sector

Insights on Rental and leasing activities

Balance sheet and result. The median net result of -€7,773 is below Belgium's €16,500. 29.0% of the annual accounts show negative equity, against 12.4% in Belgium. 59.7% of the annual accounts close with a loss, against 26.7% in Belgium.

Bankruptcies. The median bankruptcy probability of 0.5% is above Belgium's 0.2%.

Inflow and structure. Half of the companies are younger than 13.4 years, against 8.1 years in Belgium. 18.5% of the companies are sole traders, against 41.6% in Belgium. This activity holds 1.3% of the registrations of Rental and leasing.

Staff and filing. The 5 largest employers hold 51 of the 55 FTE: 92.9%.

Direction. Median solvency rose from 20.6% in financial year 2020 to 23.3% in financial year 2025. The median net result fell from €7,343 in financial year 2020 to -€7,773 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 77340 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.