Belgian road transport experienced its worst year on record in 2025, with 413 companies declared bankrupt, according to figures from the Belgian Institute for Transport & Logistics (ITLB). This is the highest number since the institute began compiling sector-specific data and represents an increase of more than one third compared with 2024.
The figures, cited by Transport and Logistics Flanders (TLV), point to a structural profitability crisis rather than a temporary downturn. TLV notes that the scale and persistence of the bankruptcies indicate long-standing pressure on margins across the sector.
A closer look at the data shows that the final months of the year were particularly damaging. Almost one-third of all bankruptcies occurred…