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Promotion and organisation of arts and performing arts events

Current registrations 3,514division 90: 29,114
Starters, 12 months 2757.8 per 100 · Belgium 8.9
Bankruptcies, 12 months 102.8 per 1,000 registrations · Belgium 6.2
Employment (FTE) 835104 employers · latest accounts
Median age 7.7 yearsBelgium 8.1 years
E-invoicing via Peppol 76.0%2,671 of 3,514 companies in the Peppol Directory · Belgium 85.0%

Filed accounts

NACE 90391 · financial year 2025 · 660 filed annual accounts
Median solvency
38.5%
division 46.5% · Belgium 46.1%
Median net result
€6,507
division €7,933 · Belgium €16,520
Median equity
€53,168
division €63,546 · Belgium €98,421
Loss-making
37.9%
division 34.0% · Belgium 26.7%
Negative equity
19.5%
division 14.8% · Belgium 12.4%
Median return on equity
13.6%
division 12.6% · Belgium 15.9%
Median liquidity
1.64
division 1.83 · Belgium 1.66
Filed late
40.5%
financial year 2024, 655 filings · division 38.2% · Belgium 38.4%
Missing or 90 days late
6.9%
of 756 companies with annual accounts · division 6.3% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 32.6%33.6%36.1%35.0%37.5%38.5%
Median net result €1,627€5,212€7,223€4,281€6,939€6,507

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

Bankruptcies

Bankruptcies, 5 years, still registered
35
1.00% of the registrations · Belgium 1.68%
Running bankruptcies
36
10.2 per 1,000 registrations

Recent bankruptcies

Date Company
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
16-02-2026 BASS BARBER
BE 0795.355.656

Every bankruptcy in division 90, last 90 days

Spread across the country

by region and province · 2,947 of 3,514 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 1,693 · 57.4%
  • Wallonia 667 · 22.6%
  • Brussels 576 · 19.5%
  • Abroad 11 · 0.4%
fewer moremax 590

Largest employers

NACE 90391 as first main activity · staff from the latest accounts
  1. 1 Service d'Information sur les Etudes et les ProfessionsLiège 67.4 FTEfinancial year 2025
  2. 2 MERVEILLEChièvres 52.7 FTEfinancial year 2025
  3. 3 FOCUS 5000Namur 34.3 FTEfinancial year 2024
  4. 4 NÄKAMA PRODUCTIONSAntwerp 26.6 FTEfinancial year 2025
  5. 5 DC&J CREATIONLiège 23.4 FTEfinancial year 2025

Joint committees

from the latest accounts of 147 companies
  • 304 Performing arts 67
  • 200 Auxiliary committee for white-collar workers 37
  • 302 Hotels and catering 24
  • 100 Auxiliary committee for blue-collar workers 17
  • 329 Socio-cultural sector 6
  • 227 Audiovisual sector 5
  • 329.01 Socio-cultural sector 4
  • 329.02 Socio-cultural sector 4
Show the 7 others
  • 126 Furnishing and woodworking 3
  • 337 Auxiliary committee for the non-profit sector 2
  • 145 Horticulture 1
  • 201 Independent retail 1
  • 314 Hairdressing and beauty care 1
  • 330 Health institutions and services 1
  • 333 Tourist attractions 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

5 other activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Specialised image, lighting and sound technical services90393 3,381 249 8 1,053
Other support activities for arts and performing arts90399 1,257 108 2 483
Design and construction of stages and sets90392 663 88 9 94
Arts creation and performing arts activities90312 634 11 1 1,363
Arts creation and performing arts activities90311 362 6 1 1,519

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

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

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 108,562 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.

Outcome by court and division

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 1,417 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 €644.5m paid 1,212 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 Promotion and organisation of arts and performing arts events

Balance sheet and result. The median net result of €6,507 is below Belgium's €16,520. 19.5% of the annual accounts show negative equity, against 12.4% in Belgium. 37.9% of the annual accounts close with a loss, against 26.7% in Belgium.

Bankruptcies. In 12 months, 2.8 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is fewer than in 65% of the 88 NACE divisions. The median bankruptcy probability of 0.0% is below Belgium's 0.2%.

Inflow and structure. 16.1% of the companies are sole traders, against 41.6% in Belgium. Brussels holds 19.6% of the seats, against 12.5% in Belgium. In 12 months, 7.8 of 100 companies started, against 8.9 in Belgium. That is more than in 60% of the 87 NACE divisions.

Staff and filing. The 5 largest employers hold 204 of the 835 FTE: 24.5%.

Direction. Median solvency rose from 32.6% in financial year 2020 to 38.5% in financial year 2025. The median net result rose from €1,627 in financial year 2020 to €6,507 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 90391 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.