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Retail trade

NACE 47511
Enterprises269
Bankruptcies (5y)12
Failure rate4.46%

Nationally 1.50% of enterprises go bankrupt within five years; this failure rate is higher than that of 98% of the 88 NACE divisions. The median bankruptcy probability in NACE division 47 is 0.9%, against 0.5% nationally, over 50,723 scored companies.

Key figures for NACE division 47

fiscal year 2026 · median over 416 filed annual accounts
Median solvency
30.4%
lower than 91% of 79 divisions
Median equity
€166k
higher than 54% of 79 divisions
Median net result
€19k
higher than 52% of 79 divisions
Annual accounts in sample
416

Regional split

by region · 156 of 269 enterprises with a registered office on file
Vlaanderen 87 · 55.8%
Brussel 41 · 26.3%
Wallonië 28 · 17.9%

Recent bankruptcies in this sector

8
Date Company
02-09-2026 5 M.G CORPORATE
BE 0748.849.007
31-07-2026 VanDaels
BE 0771.919.763
06-07-2026 G.A.B. LUXURY
BE 0834.316.103
12-06-2026 De Decker, Sofie
BE 0867.272.545
10-09-2025 KIARE
BE 0726.809.320
03-06-2025 CARNAVALISSIMO
BE 0689.619.718
06-03-2025 WE & CO
BE 0754.667.423
30-09-2024 Giaffreda, Céline
BE 0668.295.752

Geographic distribution

by province · based on the establishment address
fewer moremax 41
How these figures are counted

Enterprises are counted by their primary NACE; establishment units are not counted. Counted in the KBO's NACE 2025 nomenclature, the one in which code 47511 exists.

Bankruptcies and the failure rate are attributed by each company's current primary NACE, not the NACE at the time of bankruptcy (which the gazette does not record).

The comparison with the country and with the other NACE divisions comes from a nightly overview of every division, each counted in the nomenclature in which it exists. A standing such as "higher than 80%" counts the other divisions that have the figure. The bankruptcy probability is the median of our nightly score over the division's companies that have one; the count is stated.

The key figures cover the whole NACE division 47, not NACE 47511 on its own: there are too few filed annual accounts per five-digit code to compute them separately. Medians over NBB annual accounts, all schema types combined.