Alternative finance in Belgium, or loans granted to companies that did not come from banks, almost excusively belonged to investment funds. Factoring, leasing and consumer credits combined made up around **** percent of non-bank investments in the country. Crowdfunding was not mentioned in this overview, as figures on this market were relatively difficult to find for Belgium. The latest available crowdfunding figures for 2017 showed a decline.
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National Bank of Belgium. (February 14, 2020). Market size of non-bank investments in companies in Belgium in 2018, by type of investment (in million euros) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 04, 2026, from /statistics/1135428/alternative-finance-market-size-in-belgium-by-investment-type/
National Bank of Belgium. "Market size of non-bank investments in companies in Belgium in 2018, by type of investment (in million euros)." Chart. February 14, 2020. ÌÇÐÄÆƽâ°æ. Accessed August 04, 2026. /statistics/1135428/alternative-finance-market-size-in-belgium-by-investment-type/
National Bank of Belgium. (2020). Market size of non-bank investments in companies in Belgium in 2018, by type of investment (in million euros). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 04, 2026. /statistics/1135428/alternative-finance-market-size-in-belgium-by-investment-type/
National Bank of Belgium. "Market Size of Non-bank Investments in Companies in Belgium in 2018, by Type of Investment (in Million Euros)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 14 Feb 2020, /statistics/1135428/alternative-finance-market-size-in-belgium-by-investment-type/
National Bank of Belgium, Market size of non-bank investments in companies in Belgium in 2018, by type of investment (in million euros) ÌÇÐÄÆƽâ°æ, /statistics/1135428/alternative-finance-market-size-in-belgium-by-investment-type/ (last visited August 04, 2026)
Market size of non-bank investments in companies in Belgium in 2018, by type of investment (in million euros) [Graph], National Bank of Belgium, February 14, 2020. [Online]. Available: /statistics/1135428/alternative-finance-market-size-in-belgium-by-investment-type/
