What do we see?
In 2019 there were 1,010,635 active companies in Flanders. This is an increase compared to previous years. Sole traders (companies without staff) have increased the most but the number of companies with employees also continues to grow.
What’s the aim?
An increase in the number of companies could be an indication that there is a greater demand for commercial buildings and therefore also material. However, there are a number of factors that we need to take into account. For example, there is the impact of economic development and the fact that it is essential for some companies to have sufficient space for storage and production. In a circular model we will look at, for example, coworking initiatives that can increase the use intensity of office buildings. The growing interest in e-commerce is also interesting in this respect as there is less need for large retail spaces.
What does this indicator measure?
This indicator shows how many companies are active in Flanders each year. The data comes from Statbel.