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Arts creation and performing arts activities

NACE 90
Current registrations 29,115
Starters, 12 months 2,7889.6 per 100 · Belgium 8.9
Bankruptcies, 12 months 521.8 per 1,000 registrations · Belgium 6.2
Employment (FTE) 7,599507 employers · latest accounts
Median age 7.0 yearsBelgium 8.1 years
E-invoicing via Peppol 78.0%22,703 of 29,115 companies in the Peppol Directory · Belgium 85.0%

Activities

NACE division 90 · 12 activities

Filed accounts

NACE division 90 · financial year 2025 · 3,774 filed annual accounts
Median solvency
46.4%
Belgium 46.1%
Median net result
€7,922
Belgium €16,475
Median equity
€63,267
Belgium €98,230
Loss-making
34.0%
Belgium 26.7%
Negative equity
14.8%
Belgium 12.4%
Median return on equity
12.6%
Belgium 15.9%
Median liquidity
1.83
Belgium 1.66
Filed late
38.3%
financial year 2024, 3,346 filings · Belgium 38.5%
Missing or 90 days late
6.3%
of 4,144 companies with annual accounts · Belgium 5.5%
Per financial year20182019202020212022202320242025
Median solvency --40.5%44.2%45.4%45.8%47.5%47.3%
Median net result --€2,484€6,991€7,914€7,649€8,232€7,424
Filed late 42.3%48.6%44.5%43.0%42.0%40.7%38.3%-

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

Staff cost per FTE in NACE division 90

437 employers
Median
€66,300
Belgium €61,400
Middle half
€54,000 to €77,500
half of the employers lie between
Place among sectors
38 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €63,100 €49,100 to €77,700 258
10 to 49 FTE €67,600 €59,600 to €75,100 151
50 to 249 FTE €77,000 €70,700 to €83,600 26

Bankruptcies

Bankruptcies, 5 years, still registered
135
0.46% of the registrations · Belgium 1.68%

Bankruptcies per year in division 90

Per year201520162017201820192020202120222023202420252026
Bankruptcies404544505960318355566958
Jobs lost7385606368725215273928393

2026 through September. Every bankruptcy, also of companies that have since left the register. Source: Statbel (Directorate-General Statistics), NACE classification of 2008.

Recent bankruptcies

Date Company
12-11-2026 Bouhid, Abdelfatah
BE 1014.586.742 · sole trader · Kuurne
09-11-2026 TECHNOPIA
BE 1006.336.792
05-11-2026 Sancover Music Entertainment
BE 0745.845.272
30-10-2026 JOLIE GARCE RECORDS
BE 0690.887.448
30-10-2026 MEBT
BE 0800.192.689
30-10-2026 NUIT DES CHOEURS
BE 0862.731.856
19-10-2026 REMEMBER ME
BE 0437.103.081
19-10-2026 Vecchiarelli, Riccardo
BE 0684.692.118 · sole trader · Brussels

Every bankruptcy in division 90, last 90 days

Running bankruptcies in the sector

NACE division 90
Number
91
Half have run longer than
20 months
Belgium: 20 months
Longer than three years
23%
Belgium: 31%

Measured nationally: Of 108,768 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 13 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

Spread across the country

by region and province · 11,810 of 29,115 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 7,117 · 60.3%
  • Wallonia 2,336 · 19.8%
  • Brussels 2,315 · 19.6%
  • Abroad 42 · 0.4%
fewer moremax 2,578

Largest employers

NACE division 90 · staff from the latest accounts
  1. 1 ASOBVAntwerp 430 FTEfinancial year 2025
  2. 2 CENTRE LYRIQUE DE LA COMMUNAUTE FRANCAISE - OPERA ROYAL DE WALLONIELiège 259 FTEfinancial year 2025
  3. 3 Paleis voor Schone KunstenBrussels 227 FTEfinancial year 2025
  4. 4 PAYCOOPUccle 205 FTEfinancial year 2025
  5. 5 WEAREONE.worldAntwerp 198 FTEfinancial year 2025

Joint committees

from the latest accounts of 705 companies
  • 304 Performing arts 224
  • 200 Auxiliary committee for white-collar workers 203
  • 100 Auxiliary committee for blue-collar workers 109
  • 302 Hotels and catering 68
  • 227 Audiovisual sector 42
  • 126 Furnishing and woodworking 33
  • 329.02 Socio-cultural sector 33
  • 329.01 Socio-cultural sector 24
Show the 12 others
  • 149.01 Electricians: installation and distribution 19
  • 329 Socio-cultural sector 19
  • 201 Independent retail 14
  • 337 Auxiliary committee for the non-profit sector 9
  • 124 Construction 8
  • 111 Metal, mechanical and electrical engineering 6
  • 323 Building management, estate agents and domestic staff 6
  • 209 White-collar workers in metal manufacturing 5
  • 149 Sectors related to metal, mechanical and electrical engineering 4
  • 303.01 Film industry 4
  • 314 Hairdressing and beauty care 4
  • 215 White-collar workers in the clothing and garment industry 3

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

5 of the 11,235 companies in NACE division 90 have a parent company abroad. Main parent countries: France (2), Germany (1) and Denmark (1). Together they employ 139 of the division's 7,599 FTE: 1.8%, against 14% for Belgium as a whole.

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €664.0m awarded 1,417 recipients · 2022 to 2025 · largest: Professionele kunsten: Werkingssubsidie voor een kunstenorganisatie voor een periode van 5 jaar (Kunstendecreet 2021)
  • Wallonia-Brussels Federation €644.5m paid 1,212 recipients · 2021 to 2025 · largest: Conventions et contrats programmes indexés dans le domaine des arts vivants
  • Federal transfers 236.9m amount as published 33 recipients · 2023 to 2025 · largest: Toelage aan de Koninklijke Muntschouwburg.
  • EU budget €28.4m attributed share 55 recipients · 2021 to 2025 · largest: Creative Europe
  • EU research €6.6m EU contribution 17 recipients · 2008 to 2027 · largest: Horizon Europe

Explore every recipient in this sector

Insights on Creative and performing arts

Balance sheet and result. The median net result of €7,922 is below Belgium's €16,475. 34.0% of the annual accounts close with a loss, against 26.7% in Belgium. Return on equity of 12.6% is below Belgium's 15.9%.

Bankruptcies. In 12 months, 1.8 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is fewer than in 75% of the 87 other NACE divisions. The median bankruptcy probability of 0.1% is below Belgium's 0.2%. By size, the median bankruptcy probability is 0.1% at under 10 FTE, 0.0% at 10 to 49 FTE and 0.0% at 50 to 249 FTE.

Inflow and structure. Brussels holds 19.7% of the seats, against 12.5% in Belgium. 59.4% of the companies are sole traders, against 41.6% in Belgium. Half of the companies are younger than 7.0 years, against 8.1 years in Belgium.

Staff and filing. The 5 largest employers hold 1,319 of the 7,599 FTE: 17.4%.

Direction. Median solvency rose from 40.5% in financial year 2020 to 47.3% in financial year 2025. The median net result rose from €2,484 in financial year 2020 to €7,424 in financial year 2025. In 2025, Statbel counted 69 bankruptcies and 83 jobs lost, against 60 bankruptcies in 2020.

The comparison with Belgium as a whole and with the other divisions is as of 13-11-2026 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 90 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 1,276,396 companies with a main activity, because only those belong to a division. The other 700,156 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. 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.