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Since 2019, the French-speaking corporate court in Brussels has dissolved 7,533 companies. The numbers are constantly increasing and reached a peak in 2023: 2,313 companies were dissolved. The number of cases in Dutch-speaking courts is also increasing. According to the latest figures available, 760 companies were dissolved in 2022.
According to the police and judiciary, the results are due to the creation of the “Corporate Dumping” platform in 2018. Several governments then joined forces to eliminate the ghost companies used by criminal gangs to launder welfare fraud and drug money.
“In 2019, Brussels had a huge problem with around 10,000 ghost companies. Today the number of dormant companies is very small,” says Paul Dhaeyer, president of the French-speaking company court.
The fact that criminal organizations are moving their ghost companies to Flemish Brabant or Walloon Brabant recently became clear in Sint-Pieters-Leeuw, where more than 400 ghost companies were discovered at one address.
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