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Arts creation and performing arts activities

Current registrations 2,707division 90: 29,115
Bankruptcies, 5 years, still registered 361.33% of the registrations · Belgium 1.68%

Bankruptcies

Recent bankruptcies

Date Company
09-11-2026 TECHNOPIA
BE 1006.336.792
19-10-2026 REMEMBER ME
BE 0437.103.081
29-04-2026 LA VOLTA stage productions
BE 0732.825.595
20-04-2026 THE BRUSSELS ART_INSTITUTE
BE 0597.749.236
15-04-2026 Light It Up Agency
BE 0692.736.782
09-04-2026 Kinnart, Lee
BE 0839.359.410 · sole trader · Berlaar
09-04-2026 Thys, Stina
BE 0873.252.396 · sole trader · Putte
25-02-2026 Agris Management Group
BE 0712.599.909

Every bankruptcy in division 90, last 90 days

Spread across the country

by region and province · 2,338 of 2,707 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 1,394 · 59.6%
  • Wallonia 510 · 21.8%
  • Brussels 429 · 18.3%
  • Abroad 5 · 0.2%
fewer moremax 494

Division 90: Creative and performing arts

Filed accounts of the division

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%44.3%45.4%45.8%47.5%47.3%
Median net result --€2,494€6,973€7,914€7,649€8,232€7,425
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

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.

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 €62,800 €49,100 to €77,600 259
10 to 49 FTE €67,600 €59,800 to €75,200 150
50 to 249 FTE €77,000 €70,700 to €83,600 26

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

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 Arts creation and performing arts activities

Inflow and structure. Brussels holds 18.4% of the seats, against 12.5% in Belgium. This activity holds 9.3% of the registrations of Creative and performing arts.

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 2008 classification, the version in which code 90021 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.