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Cultural education

NACE 85520 · division 85 Education
Current registrations 2,031division 85: 35,401
Starters, 12 months 20810.2 per 100 · Belgium 8.8
Employment (FTE) 55021 employers · latest accounts
Median age 6.6 yearsBelgium 8.1 years

No bankruptcy in the past twelve months.

Filed accounts

NACE 85520 · financial year 2025 · 122 filed annual accounts
Median solvency
46.8%
division 46.5% · Belgium 46.1%
Median net result
€5,445
division €8,940 · Belgium €16,539
Median equity
€64,701
division €66,706 · Belgium €98,485
Loss-making
34.7%
division 31.0% · Belgium 26.7%
Negative equity
15.6%
division 14.2% · Belgium 12.4%
Median return on equity
6.6%
division 10.7% · Belgium 15.9%
Median liquidity
2.29
division 1.93 · Belgium 1.66
Filed late
31.9%
financial year 2024, 116 filings · division 32.0% · Belgium 38.4%
Per financial year202020212022202320242025
Median solvency 45.1%49.7%47.4%45.0%48.5%46.8%
Median net result €8,286€6,247€966€7,684€6,504€5,445

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

Bankruptcies

Bankruptcies, 5 years, still registered
5
0.25% of the registrations · Belgium 1.68%
Running bankruptcies
5
2.5 per 1,000 registrations

Recent bankruptcies

Date Company
14-10-2025 Cirk&Smile
BE 0783.992.503
09-10-2024 DC Ritmo
BE 0715.612.253
24-01-2024 IPA Events
BE 0767.906.042
03-06-2022 Pole Dance Belgium
BE 0685.367.455
14-01-2022 WAY TO STAGE COMPANY
BE 0754.817.475

Every bankruptcy in division 85, last 90 days

Spread across the country

by region and province · 828 of 2,031 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 429 · 51.8%
  • Wallonia 246 · 29.7%
  • Brussels 148 · 17.9%
  • Abroad 5 · 0.6%
fewer moremax 148

Largest employers

NACE 85520 as first main activity · staff from the latest accounts
  1. 1 ROCK THE CITYBrussels 356 FTEfinancial year 2025
  2. 2 MOSA BALLET SCHOOLLiège 33.0 FTEfinancial year 2025
  3. 3 La Chôm'hier - AIDBrussels 26.3 FTEfinancial year 2025
  4. 4 Bamm vzwLeuven 16.8 FTEfinancial year 2025
  5. 5 L'Ecole de Cirque de BruxellesBrussels 13.5 FTEfinancial year 2025

Joint committees

from the latest accounts of 39 companies
  • 200 Auxiliary committee for white-collar workers 13
  • 329.01 Socio-cultural sector 6
  • 329 Socio-cultural sector 4
  • 302 Hotels and catering 3
  • 304 Performing arts 3
  • 314 Hairdressing and beauty care 3
  • 337 Auxiliary committee for the non-profit sector 3
  • 100 Auxiliary committee for blue-collar workers 2
Show the 6 others
  • 201 Independent retail 2
  • 225 White-collar workers in subsidised private schools 2
  • 329.02 Socio-cultural sector 2
  • 152 Subsidised private schools 1
  • 225.02 White-collar workers in subsidised private schools 1
  • 330.04 Health institutions and services 1

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

Division 85: Education

Related activities

7 other activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Sports and recreation education85510 13,564 1,991 16 360
Other education85599 11,616 1,233 11 2,632
Vocational training85592 3,003 241 6 4,874
Driving schools for cars and motorcycles85531 1,039 97 6 1,211
Socio-cultural adult education85593 994 62 0 585
Education85532 292 21 0 62
Show all 7 activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Education85591 113 3 0 320

Bankruptcies per year in division 85

Per year201520162017201820192020202120222023202420252026
Bankruptcies273633494850294759626263
Jobs lost3550611028112255150119107111108

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 85

740 employers
Median
€65,000
Belgium €61,400
Middle half
€49,200 to €81,400
half of the employers lie between
Place among sectors
43 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €63,700 €44,600 to €83,600 374
10 to 49 FTE €64,800 €54,000 to €78,300 311
50 to 249 FTE €74,400 €55,200 to €82,700 49

Running bankruptcies in the sector

NACE division 85
Number
66
Half have run longer than
13 months
Belgium: 20 months
Longer than three years
27%
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

8 of the 11,080 companies in NACE division 85 have a parent company abroad. Main parent countries: Netherlands (3), France (2) and Spain (1). Together they employ 151 of the division's 27,946 FTE: 0.5%, against 14% for Belgium as a whole.

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €2.52bn awarded 1,673 recipients · 2022 to 2025 · largest: Subsidies voor de bouw en renovatie van scholen
  • Federal transfers 257.0m amount as published 83 recipients · 2023 to 2025 · largest: Dotatie aan het Instituut voor gerechtelijke opleiding
  • Wallonia-Brussels Federation €4.68bn paid 1,335 recipients · 2021 to 2025 · largest: Allocation de fonctionnement à l'Université catholique de Louvain
  • EU budget €1.21bn attributed share 87 recipients · 2021 to 2025 · largest: Horizon Europe
  • EU research €2.42bn EU contribution 44 recipients · 2007 to 2027 · largest: Horizon Europe

Explore every recipient in this sector

Insights on Cultural education

Balance sheet and result. The median net result of €5,445 is below Belgium's €16,539. Return on equity of 6.6% is below Belgium's 15.9%. Liquidity of 2.29 is above Belgium's 1.66.

Bankruptcies. The median bankruptcy probability of 0.0% is below Belgium's 0.2%.

Inflow and structure. Brussels holds 18.0% of the seats, against 12.5% in Belgium. 59.2% of the companies are sole traders, against 41.6% in Belgium. Half of the companies are younger than 6.6 years, against 8.1 years in Belgium.

Staff and filing. 31.9% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 446 of the 550 FTE: 81.0%.

Direction. Median solvency rose from 45.1% in financial year 2020 to 46.8% in financial year 2025. The median net result fell from €8,286 in financial year 2020 to €5,445 in financial year 2025.

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 85520 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. The direction per financial year follows the companies still registered today.