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Sports, amusement and recreation activities

Current registrations 160division 93: 22,634
Bankruptcies, 5 years, still registered 53.12% of the registrations · Belgium 1.68%

Bankruptcies

Recent bankruptcies

Date Company
28-03-2025 FORT AVENTURE & EVENTS
BE 0655.755.236
14-05-2024 ORBIS LIEGE
BE 0766.875.466
09-10-2023 SCARA
BE 0543.969.961
06-04-2023 INDOOR PP
BE 0781.693.009
20-03-2023 KOSTUMATION
BE 0733.710.770

Every bankruptcy in division 93, last 90 days

Spread across the country

by region and province · 150 of 160 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 89 · 59.3%
  • Wallonia 42 · 28.0%
  • Brussels 16 · 10.7%
  • Abroad 3 · 2.0%
fewer moremax 26

Division 93: Sports and recreation

Filed accounts of the division

NACE division 93 · financial year 2025 · 5,160 filed annual accounts
Median solvency
29.0%
Belgium 46.1%
Median net result
€5,659
Belgium €16,500
Median equity
€60,106
Belgium €98,350
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
Filed late
42.4%
financial year 2024, 4,460 filings · Belgium 38.4%
Missing or 90 days late
7.4%
of 5,723 companies with annual accounts · Belgium 5.4%
Per financial year20182019202020212022202320242025
Median solvency --25.8%26.8%27.0%27.7%28.8%29.4%
Median net result --€1,049€4,316€5,685€5,489€5,634€5,010
Filed late 47.0%52.9%50.7%47.3%45.3%43.0%42.4%-

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

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

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 €50,400 €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

Running bankruptcies in the sector

NACE division 93
Number
153
Half have run longer than
21 months
Belgium: 20 months
Longer than three years
31%
Belgium: 31%

Measured nationally: Of 108,642 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 7 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 14,007 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

Inflow and structure. Wallonia holds 28.6% of the seats, against 22.7% in Belgium. This activity holds 0.7% of the registrations of Sports and recreation.

The comparison with Belgium as a whole and with the other divisions is as of 08-11-2026 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 2008 classification, the version in which code 93212 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 1,276,474 companies with a main activity, because only those belong to a division. The other 699,509 registrations publish no activity.