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Sports, amusement and recreation activities

NACE 931 · division 93 Sports and recreation
Current registrations 14,605division 93: 22,610
Starters, 12 months 1,512division 93 · 6.7 per 100 · Belgium 7.5
Bankruptcies, 5 years 1110.76% of the registrations · Belgium 1.61%
Employment (FTE) 16,688division 93 · financial year 2025
Median age 9.7 yearsdivision 93 · Belgium 10.7 years

Filed accounts of the division

NACE division 93 · financial year 2025 · 5,138 filed annual accounts
Median solvency
29.0%
Belgium 46.2%
Median net result
€5,659
Belgium €16,557
Median equity
€59,953
Belgium €98,554
Loss-making
37.1%
Belgium 26.7%
Negative equity
23.8%
Belgium 12.4%
Median return on equity
11.8%
Belgium 15.9%
Median liquidity
1.10
Belgium 1.66

Staff cost per FTE in NACE division 93

823 employers
Median
€51,900
Belgium €61,400
Middle half
€41,200 to €66,200
half of the employers lie between
Place among sectors
69 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €50,300 €38,700 to €63,600 490
10 to 49 FTE €53,000 €44,000 to €67,200 285
50 to 249 FTE €85,100 €51,500 to €213,100 44

Bankruptcies

Bankruptcies, 12 months
64
division 93 · 2.8 per 1,000 registrations · Belgium 5.5

Recent bankruptcies

Date Company
30-10-2026 CHAPHI
BE 0769.348.966
30-10-2026 Highfly Rodeo
BE 1033.359.410
26-10-2026 IJSBAAN DE PISTE
BE 0733.990.387
23-10-2026 Poney Club de Besonrieux
BE 0792.897.893
21-10-2026 van de Craats, Senne
BE 0521.877.321 · sole trader · Riemst
09-10-2026 JAC EVENT
BE 1011.950.124
16-09-2026 Gillabel, Steven
BE 0751.940.535 · sole trader · Zemst
13-08-2026 ARENA FITNESS
BE 0689.853.112

Every bankruptcy in division 93, last 90 days

Running bankruptcies in the sector

NACE division 93
Number
152
Half have run longer than
21 months
Belgium: 20 months
Longer than three years
31%
Belgium: 31%

Measured nationally: Of 108,424 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entities across Belgium, 49% were closed within five years for insufficient assets and 28% after liquidation, 3% were withdrawn.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 2 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 · 11,173 of 14,605 enterprises with a registered office on file
  • Flanders 7,173 · 64.2%
  • Wallonia 3,302 · 29.6%
  • Brussels 692 · 6.2%
  • Unknown 6 · 0.1%
fewer moremax 2,069

Largest employers

NACE division 93 · staff from the latest accounts
  1. 1 BELPARKWavre 701 FTEfinancial year 2025
  2. 2 BASIC-FIT BELGIUMJette 650 FTEfinancial year 2025
  3. 3 PAIRI DAIZABrugelette 552 FTEfinancial year 2026
  4. 4 PLOPSADe Panne 288 FTEfinancial year 2025
  5. 5 MARTIN'S HOTELSRixensart 240 FTEfinancial year 2024

21 of the 13,998 companies in NACE division 93 have a parent company abroad. Main parent countries: France (7), Netherlands (5) and United Kingdom (2). Together they employ 1,948 of the division's 15,860 FTE: 12%, against 15% for Belgium as a whole.

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €955.9m awarded 1,362 recipients · 2022 to 2025 · largest: Vlaams Gemeentefonds
  • Federal transfers 14.4m amount as published 26 recipients · 2023 to 2025 · largest: Ondersteuning aan de bijdrage van de organisaties van de civiele maatschappij en institutionele actoren in de realisatie van de doelen van de gemeenschappelijke strategische kaders (cf. art. 2.14.6 en 2.14.10 van de wetsbepalingen)
  • Wallonia-Brussels Federation €118.5m paid 811 recipients · 2021 to 2025 · largest: Subventionnement des plans programmes des fédérations sportives reconnues et de la fédération handisport
  • EU budget €7.9m attributed share 25 recipients · 2021 to 2025 · largest: Erasmus+
  • EU research €2.9m eu contribution 6 recipients · 2015 to 2026 · largest: Horizon Europe

Explore every recipient in this sector

Insights on Sports, amusement and recreation activities

The number of starters per 100 companies in NACE division 93 is lower than that of 54% of the 87 NACE divisions with this figure.

This sector's historical share is lower than that of 67% of the 88 NACE divisions with this figure.

The median bankruptcy probability in NACE division 93 is 0.1%, against 0.2% for Belgium as a whole. It is computed over 13,528 scored companies.

The comparison with Belgium as a whole and with the other divisions is as of 02-11-2026 05:30.

Method and sources

Every company registered today counts under its main activities in the KBO. Establishment units do not count. The count follows the NACE 2025 classification, the version in which code 931 exists.

The historical share is the share of current registrations for which a bankruptcy opening was published in the past five years. A company with more than one main activity counts in each of those sectors. The historical share is not a future bankruptcy probability.

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 "higher than 80%" compares with the other divisions that have the figure. A division's bankruptcy probability is the median over its companies with a score. Their number is given with the figure.

The filed-accounts figures cover the whole NACE division 93, not only NACE 931. There are too few filed annual accounts per five-digit code to compute them separately. Each median is the value of the middle company, computed over the division's 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.