Belgium : Number of companies increased by 4% in 2020

Statbel, the Belgian statistical office, today publishes the annual statistics on VAT payers for 2020. In general, the number of business start-ups in 2020 is quite low. While the number of start-ups increases by an average of 3% per year between 2015 and 2019, the number of start-ups in 2020 has increased by 0.70% compared to 2019.

In 2019 there was an increase of 7.4%. The number of cancellations in 2020 has decreased compared to 2019 (-7.3%). Despite the exceptionally high number of exits in 2019, the number of exits in 2020 is lower than the expected forecast for this year.

In total, the number of companies increased by 4% in 2020 to 1,050,768 units on 31/12/2020. This represents a greater growth than in previous years, with an average of 3.5% per year between 2015 and 2019. volume_upcontent_copysharestar_borde

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