# MFI corporate loan balances in Belgium

MFI corporate loan balances in Belgium was €202.27 billion in August 2026 (provisional). Source: European Central Bank.

- Indicator id: `ecb_mfi_business_loans_eur`
- Place id: `be`
- Unit: EUR million
- Definition: End-of-month stock of loans from resident MFIs excluding central banks to non-financial corporations resident in the euro area, in EUR millions.
- Note: Loan stocks are outstanding balances, rather than new lending or transaction flows. They differ from ECB adjusted loan series, which account for loan transfers and notional cash pooling. End-of-month balances, neither seasonally nor working-day adjusted. The country identifies the reporting monetary financial institutions (MFIs), excluding central banks; borrowers or depositors reside anywhere in the euro area. These are not balances of domestic residents only. Households include non-profit institutions serving households. All currencies are combined and reported in EUR millions. The euro area has changing membership; histories vary and missing values are not filled.
- Source: European Central Bank, ECB BSI: MFI corporate loan balances, unadjusted end-period stock (M.<area>.N.A.A20.A.1.U2.2240.Z01.E) (https://data-api.ecb.europa.eu/service/data/BSI/M.AT+BE+BG+CY+DE+EE+ES+FI+FR+GR+HR+IE+IT+LT+LU+LV+MT+NL+PT+SI+SK+U2.N.A.A20.A.1.U2.2240.Z01.E?format=csvdata)
- Publisher page: https://invokely.ai/en/publishers/european-central-bank
- Retrieved: 2026-10-12
- License: ESCB statistics reuse policy (free commercial and non-commercial reuse, source must be quoted)
- Citation: European Central Bank. ECB BSI: MFI corporate loan balances, unadjusted end-period stock (M.<area>.N.A.A20.A.1.U2.2240.Z01.E). https://data-api.ecb.europa.eu/service/data/BSI/M.AT+BE+BG+CY+DE+EE+ES+FI+FR+GR+HR+IE+IT+LT+LU+LV+MT+NL+PT+SI+SK+U2.N.A.A20.A.1.U2.2240.Z01.E?format=csvdata. Retrieved 2026-10-12.
- Web page: https://invokely.ai/en/mfi-corporate-loan-balances/belgium
- API: https://invokely.ai/api/v1/series?indicator=ecb_mfi_business_loans_eur&place=be

| Period | EUR million |
|---|---:|
| 2026-08 | 202,270 (provisional) |
| 2026-07 | 202,828 |
| 2026-06 | 201,459 |
| 2026-05 | 198,404 |
| 2026-04 | 196,997 |
| 2026-03 | 193,875 |
| 2026-02 | 201,311 |
| 2026-01 | 192,554 |
| 2025-12 | 191,320 |
| 2025-11 | 189,032 |
| 2025-10 | 187,838 |
| 2025-09 | 187,995 |
| 2025-08 | 187,831 |
| 2025-07 | 187,736 |
| 2025-06 | 186,442 |
| 2025-05 | 184,032 |
| 2025-04 | 183,518 |
| 2025-03 | 180,356 |
| 2025-02 | 187,499 |
| 2025-01 | 183,766 |
| 2024-12 | 183,500 |
| 2024-11 | 179,895 |
| 2024-10 | 178,713 |
| 2024-09 | 177,917 |
| 2024-08 | 184,199 |
| 2024-07 | 184,885 |
| 2024-06 | 183,535 |
| 2024-05 | 183,772 |
| 2024-04 | 184,180 |
| 2024-03 | 181,607 |
| 2024-02 | 181,482 |
| 2024-01 | 181,913 |
| 2023-12 | 182,130 |
| 2023-11 | 181,172 |
| 2023-10 | 178,889 |
| 2023-09 | 177,833 |
| 2023-08 | 177,693 |
| 2023-07 | 178,469 |
| 2023-06 | 177,541 |
| 2023-05 | 178,546 |
| 2023-04 | 177,062 |
| 2023-03 | 175,160 |
| 2023-02 | 175,035 |
| 2023-01 | 174,524 |
| 2022-12 | 174,822 |
| 2022-11 | 174,254 |
| 2022-10 | 177,528 |
| 2022-09 | 175,212 |
| 2022-08 | 174,691 |
| 2022-07 | 174,160 |
| 2022-06 | 173,588 |
| 2022-05 | 173,394 |
| 2022-04 | 170,489 |
| 2022-03 | 166,079 |
| 2022-02 | 163,953 |
| 2022-01 | 162,746 |
| 2021-12 | 160,796 |
| 2021-11 | 158,054 |
| 2021-10 | 157,463 |
| 2021-09 | 159,169 |
| 2021-08 | 157,093 |
| 2021-07 | 156,822 |
| 2021-06 | 156,015 |
| 2021-05 | 157,780 |
| 2021-04 | 157,005 |
| 2021-03 | 154,947 |
| 2021-02 | 153,414 |
| 2021-01 | 152,599 |
| 2020-12 | 151,751 |
| 2020-11 | 151,758 |
| 2020-10 | 151,629 |
| 2020-09 | 151,280 |
| 2020-08 | 153,598 |
| 2020-07 | 154,013 |
| 2020-06 | 159,349 |
| 2020-05 | 162,513 |
| 2020-04 | 162,436 |
| 2020-03 | 157,805 |
| 2020-02 | 151,944 |
| 2020-01 | 151,804 |
| 2019-12 | 150,926 |
| 2019-11 | 149,317 |
| 2019-10 | 148,866 |
| 2019-09 | 149,474 |
| 2019-08 | 150,017 |
| 2019-07 | 149,986 |
| 2019-06 | 148,477 |
| 2019-05 | 148,055 |
| 2019-04 | 146,346 |
| 2019-03 | 143,740 |
| 2019-02 | 142,628 |
| 2019-01 | 140,339 |
| 2018-12 | 138,529 |
| 2018-11 | 142,351 |
| 2018-10 | 141,713 |
| 2018-09 | 139,547 |
| 2018-08 | 140,563 |
| 2018-07 | 139,990 |
| 2018-06 | 139,151 |
| 2018-05 | 137,627 |
| 2018-04 | 135,517 |
| 2018-03 | 131,980 |
| 2018-02 | 130,409 |
| 2018-01 | 129,507 |
| 2017-12 | 127,698 |
| 2017-11 | 126,322 |
| 2017-10 | 124,910 |
| 2017-09 | 123,546 |
| 2017-08 | 123,664 |
| 2017-07 | 123,745 |
| 2017-06 | 123,280 |
| 2017-05 | 121,474 |
| 2017-04 | 120,053 |
| 2017-03 | 123,583 |
| 2017-02 | 123,093 |
| 2017-01 | 122,985 |
| 2016-12 | 122,107 |
| 2016-11 | 120,607 |
| 2016-10 | 119,994 |
| 2016-09 | 117,601 |
| 2016-08 | 118,619 |
| 2016-07 | 118,015 |
| 2016-06 | 117,190 |
| 2016-05 | 117,306 |
| 2016-04 | 116,718 |
| 2016-03 | 114,928 |
| 2016-02 | 114,783 |
| 2016-01 | 114,422 |
| 2015-12 | 114,881 |
| 2015-11 | 114,491 |
| 2015-10 | 114,001 |
| 2015-09 | 113,549 |
| 2015-08 | 113,764 |
| 2015-07 | 113,101 |
| 2015-06 | 112,638 |
| 2015-05 | 112,358 |
| 2015-04 | 111,435 |
| 2015-03 | 110,321 |
| 2015-02 | 108,978 |
| 2015-01 | 109,105 |
| 2014-12 | 108,619 |
| 2014-11 | 113,239 |
| 2014-10 | 112,730 |
| 2014-09 | 114,223 |
| 2014-08 | 114,101 |
| 2014-07 | 115,563 |
| 2014-06 | 114,905 |
| 2014-05 | 115,192 |
| 2014-04 | 116,355 |
| 2014-03 | 114,792 |
| 2014-02 | 114,329 |
| 2014-01 | 115,930 |
| 2013-12 | 115,294 |
| 2013-11 | 114,338 |
| 2013-10 | 114,504 |
| 2013-09 | 112,906 |
| 2013-08 | 113,126 |
| 2013-07 | 114,193 |
| 2013-06 | 114,480 |
| 2013-05 | 113,652 |
| 2013-04 | 114,580 |
| 2013-03 | 113,500 |
| 2013-02 | 112,867 |
| 2013-01 | 112,404 |
| 2012-12 | 111,959 |
| 2012-11 | 112,106 |
| 2012-10 | 112,775 |
| 2012-09 | 111,807 |
| 2012-08 | 111,643 |
| 2012-07 | 114,214 |
| 2012-06 | 114,271 |
| 2012-05 | 114,627 |
| 2012-04 | 116,877 |
| 2012-03 | 115,855 |
| 2012-02 | 114,778 |
| 2012-01 | 115,589 |
| 2011-12 | 114,738 |
| 2011-11 | 113,381 |
| 2011-10 | 114,345 |
| 2011-09 | 113,484 |
| 2011-08 | 113,826 |
| 2011-07 | 114,623 |
| 2011-06 | 114,573 |
| 2011-05 | 114,347 |
| 2011-04 | 113,682 |
| 2011-03 | 111,439 |
| 2011-02 | 111,168 |
| 2011-01 | 112,573 |
| 2010-12 | 111,651 |
| 2010-11 | 112,077 |
| 2010-10 | 112,552 |
| 2010-09 | 111,049 |
| 2010-08 | 110,409 |
| 2010-07 | 109,429 |
| 2010-06 | 115,900 |
| 2010-05 | 116,433 |
| 2010-04 | 114,005 |
| 2010-03 | 113,070 |
| 2010-02 | 113,643 |
| 2010-01 | 113,498 |
| 2009-12 | 111,690 |
| 2009-11 | 117,488 |
| 2009-10 | 118,478 |
| 2009-09 | 119,692 |
| 2009-08 | 123,650 |
| 2009-07 | 125,153 |
| 2009-06 | 125,458 |
| 2009-05 | 126,022 |
| 2009-04 | 125,226 |
| 2009-03 | 120,978 |
| 2009-02 | 123,229 |
| 2009-01 | 123,130 |
| 2008-12 | 122,488 |
| 2008-11 | 125,724 |
| 2008-10 | 122,655 |
| 2008-09 | 120,694 |
| 2008-08 | 120,439 |
| 2008-07 | 121,309 |
| 2008-06 | 119,214 |
| 2008-05 | 119,712 |
| 2008-04 | 119,496 |
| 2008-03 | 114,585 |
| 2008-02 | 113,738 |
| 2008-01 | 114,590 |
| 2007-12 | 109,633 |
| 2007-11 | 108,025 |
| 2007-10 | 106,269 |
| 2007-09 | 106,984 |
| 2007-08 | 106,378 |
| 2007-07 | 106,039 |
| 2007-06 | 103,013 |
| 2007-05 | 106,474 |
| 2007-04 | 105,009 |
| 2007-03 | 103,031 |
| 2007-02 | 102,349 |
| 2007-01 | 100,589 |
| 2006-12 | 97,180 |
| 2006-11 | 95,411 |
| 2006-10 | 95,714 |
| 2006-09 | 95,004 |
| 2006-08 | 93,288 |
| 2006-07 | 93,652 |
| 2006-06 | 92,544 |
| 2006-05 | 91,608 |
| 2006-04 | 91,363 |
| 2006-03 | 91,486 |
| 2006-02 | 91,828 |
| 2006-01 | 89,988 |
| 2005-12 | 90,624 |
| 2005-11 | 88,831 |
| 2005-10 | 88,628 |
| 2005-09 | 87,034 |
| 2005-08 | 86,883 |
| 2005-07 | 86,906 |
| 2005-06 | 86,632 |
| 2005-05 | 87,071 |
| 2005-04 | 87,347 |
| 2005-03 | 86,048 |
| 2005-02 | 85,997 |
| 2005-01 | 87,972 |
| 2004-12 | 86,459 |
| 2004-11 | 86,918 |
| 2004-10 | 88,151 |
| 2004-09 | 87,444 |
| 2004-08 | 88,604 |
| 2004-07 | 88,106 |
| 2004-06 | 87,275 |
| 2004-05 | 87,568 |
| 2004-04 | 89,772 |
| 2004-03 | 88,184 |
| 2004-02 | 88,326 |
| 2004-01 | 87,767 |
| 2003-12 | 86,850 |
| 2003-11 | 88,474 |
| 2003-10 | 88,064 |
| 2003-09 | 88,885 |
| 2003-08 | 90,558 |
| 2003-07 | 90,637 |
| 2003-06 | 90,665 |
| 2003-05 | 93,737 |
| 2003-04 | 91,787 |
| 2003-03 | 89,357 |
| 2003-02 | 90,243 |
| 2003-01 | 90,708 |
