Literary creation
Filed accounts
NACE 90111 · financial year 2025 · 381 filed annual accounts| Per financial year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Median solvency | 41.1% | 45.6% | 45.8% | 49.5% | 45.0% | 44.4% |
| Median net result | €5,009 | €8,528 | €7,699 | €5,969 | €9,102 | €8,348 |
Hold your customer's or competitor's figures against them in the Sector benchmark
Bankruptcies
Recent bankruptcies
| Date | Company |
|---|---|
| 05-11-2026 | Sancover Music Entertainment
BE 0745.845.272 |
| 30-10-2026 | JOLIE GARCE RECORDS
BE 0690.887.448 |
| 19-10-2026 | Vecchiarelli, Riccardo
BE 0684.692.118 · sole trader · Brussels |
| 07-07-2026 | The House of Film
BE 1003.660.186 |
| 26-06-2026 | COUFRA
BE 0466.849.221 |
| 05-05-2026 | Hermans, Peggy
BE 0731.370.496 · sole trader · Dessel |
| 20-04-2026 | ComUnity
BE 0800.101.134 |
| 11-02-2026 | INTEMPO
BE 0737.845.049 |
Spread across the country
by region and province · 965 of 6,549 enterprises with a registered office on file · a sole trader has no published seat- Flanders
- Brussels
- Wallonia
- Abroad
The balance sheets of division 90 on the map, by municipality and down to the address
Largest employers
NACE 90111 as first main activity · staff from the latest accounts- 1 M-Cube BelgiumAnderlecht 25.8 FTEfinancial year 2023
- 2 MazalIxelles 12.6 FTEfinancial year 2025
- 3 PROSPEED COMPETITIONZonhoven 5.2 FTEfinancial year 2025
- 4 Studio MarkRonse 1.2 FTEfinancial year 2025
- 5 SILENT JILLOrp-Jauche 1.0 FTEfinancial year 2025
Joint committees
from the latest accounts of 43 companies- 200 Auxiliary committee for white-collar workers 23
- 100 Auxiliary committee for blue-collar workers 13
- 201 Independent retail 3
- 304 Performing arts 3
- 111 Metal, mechanical and electrical engineering 2
- 209 White-collar workers in metal manufacturing 2
- 227 Audiovisual sector 2
- 303.01 Film industry 2
Show the 7 others
- 329.02 Socio-cultural sector 2
- 112 Garages 1
- 115 Glass industry 1
- 124 Construction 1
- 145 Horticulture 1
- 215 White-collar workers in the clothing and garment industry 1
- 330 Health institutions and services 1
Source: the annual accounts at the National Bank. One filing can name more than one committee.
Division 90: Creative and performing arts
Related activities
3 other activities| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| Visual arts creation90120 | 2,030 | 442 | 1 | 194 |
| Arts creation and performing arts activities90130 | 388 | 196 | 0 | 3 |
| Arts creation and performing arts activities90112 | 204 | 101 | 0 | - |
Bankruptcies per year in division 90
| Per year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bankruptcies | 40 | 45 | 44 | 50 | 59 | 60 | 31 | 83 | 55 | 56 | 69 | 58 |
| Jobs lost | 73 | 85 | 60 | 63 | 68 | 72 | 52 | 152 | 73 | 92 | 83 | 93 |
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
435 employers| Size | Median | Middle half | Employers |
|---|---|---|---|
| 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 |
Employers with the highest staff cost per FTE in this division All sectors by staff cost In the Analysis workbench
Running bankruptcies in the sector
NACE division 90Measured nationally: Of 108,562 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 6 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.
5 of the 11,227 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 7,589 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
- Federal transfers 236.9m amount as published
- Wallonia-Brussels Federation €644.5m paid
- EU budget €28.4m attributed share
- EU research €6.6m EU contribution
Insights on Literary creation
Balance sheet and result. The median net result of €8,348 is below Belgium's €16,520. 33.9% of the annual accounts close with a loss, against 26.7% in Belgium. Return on equity of 20.1% is above Belgium's 15.9%.
Bankruptcies. In 12 months, 1.1 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is fewer than in 77% of the 88 NACE divisions. The median bankruptcy probability of 0.1% is below Belgium's 0.2%.
Inflow and structure. Brussels holds 28.9% of the seats, against 12.5% in Belgium. 85.3% of the companies are sole traders, against 41.6% in Belgium. In 12 months, 5.4 of 100 companies started, against 8.9 in Belgium. That is fewer than in 66% of the 87 NACE divisions.
Staff and filing. 44.2% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 46 of the 46 FTE: 99.3%.
Direction. Median solvency rose from 41.1% in financial year 2020 to 44.4% in financial year 2025. The median net result rose from €5,009 in financial year 2020 to €8,348 in financial year 2025.
The comparison with Belgium as a whole and with the other divisions is as of 06-11-2026 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 90111 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 1,276,581 companies with a main activity, because only those belong to a division. The other 698,987 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.