Publication of statistics on turnover and investments postponed
The publication of statistics on turnover and investments in the third quarter 2024 is postponed due to technical problems. A new publication date will be announced early 2025.
Thank you for your understanding.
Turnover of enterprises decreased by 0.9% in the second quarter 2024

The turnover of enterprises in Belgium, excluding the agricultural and financial sectors, amounted to 409 billion euros in the second quarter of 2024, i.e. a 0.9% decrease compared to the same period the year before.
This decline is caused by a turnover decrease in trade, manufacturing, electricity, gas, steam and air conditioning supply and, to a lesser extent (this is a very small sector), mining and quarrying. These 4 sectors together account for 72% of the total turnover of Belgian enterprises.
In all other economic sectors, we recorded increases in turnover in the second quarter of 2024 compared to the same period of 2023. If we look at the main sectors, measured by turnover, these are Nace sections F, M, N, H and J, we see that the largest increases in turnover occur in “N Administrative and support service activities” (+10%) and “J Information and communication” (+9.4%).
The results for the second quarter 2024 are provisional. These results can be revised when additional data become available.
Purpose and brief description
Turnover includes all amounts (excluding VAT) corresponding to the sale of goods and services by the VAT-registered unit to third parties in Belgium or abroad. Investments are the expenditure (excluding VAT) by the VAT-registered unit for the acquisition of goods and services which constitute a business asset.
Population
VAT-registered units, excluding the following NACE codes (NACE 2008 classification): A, 50.3 and 50.4, K, L, 69.1, 0, P, Q, 91, 92, 94, T and U.
Periodicity
Quarterly.
Release calendar
Results available 2 months after the reference period.
Definitions
Investments are the expenditure (excluding VAT) by the VAT-registered unit for the acquisition of goods and services which constitute a business asset: formation expenses, intangible fixed assets, land and buildings, plant, machinery and equipment, furniture and vehicles, leased fixed assets and other fixed assets. The wages of staff (who, for example, would be recruited to build or renovate a building) and other social charges and the purchase of other services, work and studies (e.g. architect's fees) are therefore not part of the investments.
Turnover includes all amounts (excluding VAT) corresponding to the sale of goods and services by the VAT-registered unit to third parties in Belgium or abroad. It also includes all other charges (transport, packaging, etc.) passed on to the customer, even if these charges are listed separately in the invoice. Reduction in prices, rebates and discounts as well as the value of returned products must be deducted (via credit notes). Income classified as other operating income, financial income and extraordinary income in company accounts is excluded from turnover.
Comments
Due to late VAT returns and/or derogations, the data of the last 2 years should be considered provisional and subject to revision.
Metadata
Turnover and investments based on VAT declarations (absolute figures).pdf