Skip to content

Arts creation and performing arts activities

NACE 90
Current registrations 29,098
Starters, 12 months 2,7669.5 per 100 · Belgium 8.8
Bankruptcies, 12 months 521.8 per 1,000 registrations · Belgium 6.2
Employment (FTE) 7,608509 employers · latest accounts
Median age 7.0 yearsBelgium 8.1 years

Activities

NACE division 90 · 12 activities

Filed accounts

NACE division 90 · financial year 2025 · 3,761 filed annual accounts
Median solvency
46.5%
Belgium 46.1%
Median net result
€7,924
Belgium €16,539
Median equity
€63,546
Belgium €98,485
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
38.2%
financial year 2024 · Belgium 38.4%
Per financial year20182019202020212022202320242025
Median solvency --40.5%44.3%45.4%45.8%47.5%47.5%
Median net result --€2,484€7,015€7,882€7,649€8,233€7,440
Filed late 42.3%48.6%44.5%43.0%41.9%40.7%38.2%-

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

Staff cost per FTE in NACE division 90

435 employers
Median
€66,300
Belgium €61,400
Middle half
€54,000 to €77,700
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 €49,000 to €77,700 258
10 to 49 FTE €67,600 €59,400 to €75,000 149
50 to 249 FTE €77,000 €70,700 to €83,600 26

Bankruptcies

Bankruptcies, 5 years, still registered
132
0.45% 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
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
02-10-2026 Senave, Telly
BE 0772.521.262 · sole trader · Assenede
17-09-2026 FLANDERS FESTIVAL ORCHESTRA
BE 0470.135.442
28-08-2026 Brussels Global Review
BE 0772.641.721

Every bankruptcy in division 90, last 90 days

Running bankruptcies in the sector

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

Spread across the country

by region and province · 11,802 of 29,098 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 7,112 · 60.3%
  • Wallonia 2,336 · 19.8%
  • Brussels 2,313 · 19.6%
  • Abroad 41 · 0.3%
fewer moremax 2,579

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 704 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
  • 329 Socio-cultural sector 19
  • 149.01 Electricians: installation and distribution 18
  • 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 11,233 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 7,608 FTE: 1.8%, against 14% for Belgium as a whole.

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €721.4m awarded 1,420 recipients · 2022 to 2025 · largest: Professionele kunsten: Werkingssubsidie voor een kunstenorganisatie voor een periode van 5 jaar (Kunstendecreet 2021)
  • Federal transfers 236.9m amount as published 33 recipients · 2023 to 2025 · largest: Toelage aan de Koninklijke Muntschouwburg.
  • Wallonia-Brussels Federation €645.9m paid 1,213 recipients · 2021 to 2025 · largest: Conventions et contrats programmes indexés dans le domaine des arts vivants
  • 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 €7,924 is below Belgium's €16,539. 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 7,608 FTE: 17.3%.

Direction. Median solvency rose from 40.5% in financial year 2020 to 47.5% in financial year 2025. The median net result rose from €2,484 in financial year 2020 to €7,440 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 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 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 1,275,887 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.