Football clubs
Filed accounts
NACE 93121 · financial year 2025 · 136 filed annual accounts| Per financial year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Median solvency | 25.6% | 19.0% | 25.4% | 28.1% | 28.8% | 30.4% |
| Median net result | -€1,650 | €1,986 | -€6,657 | -€2,658 | -€2,550 | -€2,295 |
Hold your customer's or competitor's figures against them in the Sector benchmark
Bankruptcies
Recent bankruptcies
| Date | Company |
|---|---|
| 17-06-2026 | J.S.R.E. Monceau Féminin
BE 0463.074.634 |
| 15-04-2026 | FUTSAL TEAM BORGERHOUT
BE 0747.501.301 |
| 09-04-2026 | ORANJE BLAUW LEBBEKE
BE 0659.823.001 |
| 02-02-2026 | Sportkring Nieuwkerken Sint-Niklaas
BE 0695.631.540 |
| 02-05-2025 | Sportkring Nieuwkerken Sint-Niklaas
BE 0695.631.540 |
| 23-01-2025 | Koninklijke Football Club DIEST 041
BE 0789.809.038 |
| 21-01-2025 | DEINZE FOOTBALL CLUB
BE 0524.897.781 |
| 10-06-2024 | KONINKLIJKE VOETBALVERENIGING OOSTENDE
BE 0895.938.619 |
Spread across the country
by region and province · 1,352 of 1,386 enterprises with a registered office on file · a sole trader has no published seat- Flanders
- Wallonia
- Brussels
- Abroad
The balance sheets of division 93 on the map, by municipality and down to the address
Largest employers
NACE 93121 as first main activity · staff from the latest accounts- 1 K. RACING CLUB GENK 322Genk 175 FTEfinancial year 2025
- 2 ROYAL SPORTING CLUB ANDERLECHTAnderlecht 166 FTEfinancial year 2025
- 3 OH LEUVENLeuven 127 FTEfinancial year 2025
- 4 ROYAL ANTWERP FOOTBALL CLUBAntwerp 118 FTEfinancial year 2025
- 5 KONINKLIJKE ATHLETIEK ASSOCIATIE GENT - VoetbalafdelingGhent 116 FTEfinancial year 2025
Joint committees
from the latest accounts of 60 companies- 223 Sport 41
- 200 Auxiliary committee for white-collar workers 30
- 100 Auxiliary committee for blue-collar workers 17
- 329.01 Socio-cultural sector 13
- 302 Hotels and catering 9
- 145 Horticulture 7
- 329.02 Socio-cultural sector 6
- 201 Independent retail 4
Show the 6 others
- 337 Auxiliary committee for the non-profit sector 3
- 329 Socio-cultural sector 2
- 144 Agriculture 1
- 318.01 Family and elderly care services 1
- 320 Funeral directors 1
- 329.03 Socio-cultural sector 1
Source: the annual accounts at the National Bank. One filing can name more than one committee.
Division 93: Sports and recreation
Related activities
13 other activities| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| Other sports activities93199 | 3,835 | 370 | 8 | 1,216 |
| Operation of sports facilities93110 | 3,250 | 94 | 11 | 4,786 |
| Fitness centres93130 | 1,510 | 159 | 11 | 1,581 |
| Activities of other sports clubs93129 | 1,406 | 71 | 1 | 152 |
| Equestrian clubs93127 | 819 | 61 | 3 | 86 |
| Activities of independent sportspeople93192 | 723 | 104 | 1 | 35 |
Show all 13 activities
| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| Sports, amusement and recreation activities93123 | 635 | 16 | 0 | 250 |
| Sports, amusement and recreation activities93122 | 436 | 14 | 0 | 2 |
| Sports, amusement and recreation activities93124 | 333 | 10 | 0 | 116 |
| Sports, amusement and recreation activities93191 | 261 | 5 | 0 | 511 |
| Sports, amusement and recreation activities93126 | 258 | 5 | 0 | 38 |
| Sports, amusement and recreation activities93125 | 209 | 9 | 1 | - |
| Sports, amusement and recreation activities93128 | 67 | 0 | 0 | - |
Bankruptcies per year in division 93
| Per year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bankruptcies | 93 | 69 | 93 | 87 | 118 | 99 | 74 | 106 | 113 | 107 | 87 | 78 |
| Jobs lost | 213 | 116 | 121 | 260 | 199 | 259 | 104 | 225 | 190 | 252 | 155 | 126 |
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 93
823 employers| Size | Median | Middle half | Employers |
|---|---|---|---|
| fewer than 10 FTE | €50,400 | €38,700 to €63,600 | 489 |
| 10 to 49 FTE | €53,000 | €44,200 to €67,100 | 286 |
| 50 to 249 FTE | €85,100 | €51,500 to €213,100 | 44 |
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 93Measured nationally: Of 108,621 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 9 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.
21 of the 14,001 companies in NACE division 93 have a parent company abroad. Main parent countries: France (7), Netherlands (5) and United Kingdom (2). Together they employ 1,945 of the division's 15,817 FTE: 12%, against 14% for Belgium as a whole.
Subsidies in this sector
per register · legal entities with an enterprise number- Flemish subsidies €347.8m awarded
- Wallonia-Brussels Federation €116.3m paid
- Federal transfers 7.2m amount as published
- EU budget €3.3m attributed share
- EU research €930,675 EU contribution
Insights on Football clubs
Balance sheet and result. 33.1% of the annual accounts show negative equity, against 12.4% in Belgium. The median net result of -€2,295 is below Belgium's €16,497. 54.8% of the annual accounts close with a loss, against 26.7% in Belgium.
Bankruptcies. The median bankruptcy probability of 0.0% is below Belgium's 0.2%.
Inflow and structure. Half of the companies are younger than 30.0 years, against 8.1 years in Belgium. 2.5% of the companies are sole traders, against 41.6% in Belgium. In 12 months, 1.7 of 100 companies started, against 8.9 in Belgium. That is fewer than in 92% of the 87 NACE divisions.
Staff and filing. 33.6% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 702 of the 2,273 FTE: 30.9%.
Direction. Median solvency rose from 25.6% in financial year 2020 to 30.4% in financial year 2025. The median net result fell from -€1,650 in financial year 2020 to -€2,295 in financial year 2025.
The comparison with Belgium as a whole and with the other divisions is as of 09-11-2026 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 93121 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 1,276,461 companies with a main activity, because only those belong to a division. The other 699,442 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.