FPS Economy, SMEs, self-employed and Energy , Direction générale Statistique - Statistics Belgium

Direction Thématique Economie ( DTE )

North Gate Boulevard du Roi Albert II 16, 1000
Bruxelles

Quartly business demography data : registrations and bankruptcy 

Nace Rev.2 classification (Statistical Classification of Economic Activities)

BTE, BTSXO_S94, E, G, H, I, J, KTN and PTSXS94

The main data source is administrative data from Belgian BCE (Banque Carrefour des entreprises)

Legal unit

bankruptcy =  bankruptcy in the legal sense 

creation  = new creation in the sens of BCE (Banque carrefour des entreprises)

All regions are covered.

Time series cover the period from 2010

Not applicable because data are sending in absolute figures.

Unit of measure is the pure number of registrations and bankruptcies but data are disseminated as indices.

Quarter

European legal basis: REGULATION (EU) 2019/2152 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 27 November 2019 on European business statistics, repealing 10 legal acts in the field of business statistics (CELEX 320R2152), Table 1 of the Commission implementing regulation 2020/1197.

Data are sent to Eurostat

The Law of 4 July 1962 (Loi du 4 juillet relative à la statistique publique, modifiée par la loi du 1 er août 1985 et par la loi du 21 décembre 1994 portant des dispositions sociales et divers/Wet van 4 juli 1962 detreffende de openbare statistiek, gewijzigd bij de wet van 1 augustus 1985 en bij de wet van 21 december 1994, houdende sociale en diverse bepalingen)

no problem of confidentiality 

Eurostat = Release dates are fixed in advance for a calendar year.

Eurostat site.

For monthly data : https://statbel.fgov.be/en/calendar

Indices are released 45 after the end of reference period.

There's no identification of internal government access to data before release.

The transmission to Eurostat is made using the SDMX format.

Quarterly and voluntary monthy data for dissemination to Eurostat

National level :

There are news on this indicator available on Dutch, French, English and German versions. 

The latest version of these news is available on https://statbel.fgov.be/en/themes/enterprises/bankruptcy-statistic/bankruptcies-monthly-basis

The news are a web document and are accompagnied by pdf file

open data containing files in :

• xslx 
• txt
• accdb
• sqlite

The figures are also available in cube format : https://statbel.fgov.be/en/themes/enterprises/bankruptcy-statistic/bankruptcies-monthly-basis

Microdata are not disseminated.

Data (absolute values) are transmitted to Eurostat within 40 days after the reference period. The transmission is done by eDAMIS using the SDMX format.

availible on : https://statbel.fgov.be/en/themes/enterprises/bankruptcy-statistic/bankruptcies-monthly-basis

no documentation

For each step of the production chain, the data are controlled. Once the figures produced, they are validated by our internal validation service before publication.

checks carried out along the production chain of the data and these are finally validated by our validation service before diffusion. 

- Quarterly bankruptcies and creations : Eurostat

- monthly bankruptcies : Belgian national bank, Federations, Professional associations, Universities, Regional public services, Other users

Users are satisfied

all of the required series are available

Given the quality of the data, the quality of the results at 20 after the end of the reference period are good. The data are definitive at 20 days after the end of the reference period

No sampling error 

no no-sampling error

For EUROSTAT = The index is released within 40 after the reference period 

For national publication (monthly) = within 20 after the reference period

Generally, there is no problem of punctuality with these indices.

The definitions are equally applied to the 3 regions of Belgium.

no problem of over time comparability

no problem cross domain

no problem of internal coherence

cost by year = 41664.25€

Currently a revision calender does not exist.
If a revision is necessary, it will be applied to all data, both data published nationally and data transmitted to Eurostat

no practice

Administrative data (belgian BCE)

Weekly

Administarative data

Checks are carried out at the time of data extraction and throughout the production chain. These are also validated by another service before distribution.

the index is a simple value index.

Seasonal and calendar adjustments

All series are adjusted using JDemetra+ 2.2.2. Absolute values are not seasonally adjusted

Not available.