Skip to content

Sports, amusement and recreation activities

Current registrations 261division 93: 22,635
Starters, 12 months 51.9 per 100 · Belgium 8.9
Employment (FTE) 51144 employers · latest accounts
Median age 33.0 yearsBelgium 8.1 years
E-invoicing via Peppol 75.9%198 of 261 companies in the Peppol Directory · Belgium 85.0%

No bankruptcy in the past five years.

Filed accounts

NACE 93191 · financial year 2025 · 93 filed annual accounts
Median solvency
57.6%
division 29.0% · Belgium 46.1%
Median net result
€38,906
division €5,690 · Belgium €16,520
Median equity
€629,399
division €59,953 · Belgium €98,421
Loss-making
22.6%
division 37.1% · Belgium 26.7%
Negative equity
3.2%
division 23.8% · Belgium 12.4%
Median return on equity
5.5%
division 11.8% · Belgium 15.9%
Median liquidity
4.35
division 1.10 · Belgium 1.66
Filed late
14.6%
financial year 2024, 96 filings · division 42.4% · Belgium 38.4%
Missing or 90 days late
6.9%
of 102 companies with annual accounts · division 7.4% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 56.7%59.7%55.8%56.3%58.5%57.6%
Median net result €51,941€32,985€0€11,884€25,681€38,906

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

Spread across the country

by region and province · 250 of 261 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 122 · 48.8%
  • Wallonia 72 · 28.8%
  • Brussels 52 · 20.8%
  • Abroad 4 · 1.6%
fewer moremax 52

Largest employers

NACE 93191 as first main activity · staff from the latest accounts
  1. 1 GYMNASTIEKFEDERATIE VLAANDERENGhent 42.8 FTEfinancial year 2025
  2. 2 Ligue Handisport FrancophoneCharleroi 32.2 FTEfinancial year 2025
  3. 3 Tennis en Padel VlaanderenIxelles 28.7 FTEfinancial year 2025
  4. 4 G-sport VlaanderenGhent 25.0 FTEfinancial year 2025
  5. 5 Fédération Royale Sportive de l' Enseignement LibreUccle 24.6 FTEfinancial year 2025

Joint committees

from the latest accounts of 43 companies
  • 329.01 Socio-cultural sector 23
  • 223 Sport 7
  • 329.02 Socio-cultural sector 6
  • 329.03 Socio-cultural sector 6
  • 329 Socio-cultural sector 3
  • 337 Auxiliary committee for the non-profit sector 3
  • 100 Auxiliary committee for blue-collar workers 2
  • 319.01 Educational and residential institutions 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 3,835 369 8 1,216
Operation of sports facilities93110 3,249 93 11 4,785
Fitness centres93130 1,510 159 11 1,581
Activities of other sports clubs93129 1,407 71 1 152
Football clubs93121 1,387 24 4 2,273
Equestrian clubs93127 820 61 3 86
Show all 13 activities

Bankruptcies per year in division 93

Per year201520162017201820192020202120222023202420252026
Bankruptcies9369938711899741061131078778
Jobs lost213116121260199259104225190252155126

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

822 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 €50,400 €38,700 to €63,600 488
10 to 49 FTE €53,000 €44,200 to €67,100 286
50 to 249 FTE €85,100 €51,500 to €213,100 44

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 108,562 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

21 of the 13,992 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 15,816 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 1,353 recipients · 2022 to 2025 · largest: Subsidies voor sportfederaties en organisaties voor sportieve vrijetijdsbesteding
  • Federal transfers 7.2m amount as published 21 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 €116.3m paid 811 recipients · 2021 to 2025 · largest: Subventionnement des plans programmes des fédérations sportives reconnues et de la fédération handisport
  • EU budget €3.3m attributed share 24 recipients · 2021 to 2025 · largest: Erasmus+
  • EU research €930,675 EU contribution 5 recipients · 2015 to 2026 · largest: Horizon Europe

Explore every recipient in this sector

Insights on Sports, amusement and recreation activities

Balance sheet and result. Liquidity of 4.35 is above Belgium's 1.66. The median net result of €38,906 is above Belgium's €16,520. 3.2% of the annual accounts show negative equity, against 12.4% 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 33.0 years, against 8.1 years in Belgium. 3.8% of the companies are sole traders, against 41.6% in Belgium. In 12 months, 1.9 of 100 companies started, against 8.9 in Belgium. That is fewer than in 92% of the 87 NACE divisions.

Staff and filing. 14.6% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 153 of the 511 FTE: 30.0%.

Direction. The median net result fell from €51,941 in financial year 2020 to €38,906 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 93191 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.