An attempt to reform and rationalize the Belgian Bankruptcy Act of 8 August 1997 and the Continuity of Enterprises Act of 31 January 2009 included the introduction of a "silent bankruptcy" that offered distressed companies the opportunity to prepare for a real bankruptcy discreetly and without any publicity, along the lines of the UK's pre-pack procedures.

While the bill was adopted in mid-July 2017 and will apply to insolvency proceedings opened on or after 1 May 2018, the attempt to include pre-pack procedures in the reform has failed.

This spring