Number of enterprises
Just over 593,000 enterprises in the Flemish Region
At the end of 2018 there were 593,089 (VAT-registered) enterprises in the Flemish Region. That is an increase of over 136,000 enterprises or 30%, as compared to 2008.
Flanders has more enterprises than Wallonia and Brussels
With 593,000 enterprises in 2018, the Flemish Region has considerably more enterprises than the other Belgian regions. In the Walloon Region there were just over 255,000 enterprises and slightly more than 108,000 in the Brussels Capital Region.
Net growth of enterprises in Flanders at 3.8%
In 2018 the net growth of enterprises in the Flemish Region stood at 3.8%. That means that in that year, there were 3.8% more incorporations than cessations.
The net growth in the years 2016-2018 was significantly higher than in the years before. In the 2008-2018 period, net growth was lowest in 2013 (0.9%).
Net growth of Flemish Region in step with other regions
In 2018 net growth of enterprises in the Brussels Capital Region stood at 3.9%, which figure nearly equals the figure registered in the Flemish Region (3.8%). In the Walloon Region the difference between the number of incorporations and cessations of enterprises was smaller with a net growth of 2.5% in 2018.
Enterprise turbulence stable at 15%
The sum of the number of incorporations and cessations compared to the total number of enterprises gives an indication of the turbulence of enterprises. In the Flemish Region, turbulence has been fairly constant and has been hovering around 15% since 2008 with only a slight temporary increase in 2014.
Enterprise turbulence higher in Brussels Region than in other regions
In 2018, the enterprise turbulence in the Flemish Region (15.7%) was slightly lower than in the Walloon Region (15.9%), which means that, relatively speaking there were fewer incorporations and cessations of enterprises in the Flemish Region in that year than in the Walloon region. The difference with the Brussels Capital Region, which registered an enterprise turbulence of 19.3%, was even greater.
Net growth: difference between the level of incorporation and the level of cessation of enterprises. The level of incorporation is the total number of incorporations per 100 active VAT liable enterprises. The level of cessation is the number of closures per 100 active VAT liable enterprises.
Turbulence: the sum of the level of incorporation and the level of cessation.