At the end of 2003, the total leasing production figure amounted to 3,501.83 million EUR, i.e. an increase of 1.44 %. However, this increase does not reflect the real progress of leasing during that year. One must indeed take into account some exceptional transactions in the field of real estate lesing made by a company, which can seriously influence the figures during a year. The real trend as for the market and for leasing can be seen in the 4,45% growth of the leasing of movables. By comparison, the increase of gross fixed capital formation by companies amounts only to 2,4 % and the growth of the gross national product was 2,7%.

The market penetration rate of the leasing produced by the members of the Belgian Leasing Association, the calculation of which is based on a comparison between leasing production and the volume of investment depending on the gross corporate capital formation, remained at a steady 9.75 % level in 2004. The reason for this is that the increase of corporate investment was the same as that of leasing taken as a whole. Between 1997 and 2004, the market penetration rate of leasing taken as whole went up from 7.45 to 9.75 %. By contrast, the market penetration rate of leasing of movables increased from 7.81 % in 2002 to 8.86 % in 2003, whereas it was no more than 6.63 % in 1997. Looking at the overall leasing market and taking into account the figures from Renta and from non-member captive companies, one can see that the market penetration rate of leasing amounts to almost 13%.

At the end of 2003, the Belgian Leasing Association consisted of 31 members who provided leasing of industrial and office equipment, cars, trucks and real estate, i.e. twelve members less than at the end of 1998. The leasing market in Belgium has been characterised by important concentration moves which have strongly influenced the market shares.
The members of the Belgian Leasing Association underwrite the major part of leasing in Belgium.