Abstract: This article presents a quantitative analysis of Belgian fiction film production between 2000 and 2019. Analysing an extensive database, it explores the current state of Belgian cinema, which is characterised on the one hand by a strong international dimension, and on the other hand by two largely separate intranational industries: a Flemish and a francophone Belgian film industry. Despite the persistent gap between the two industries, a certain rapprochement seems to be manifesting recently. This industrial analysis is preceded by an exploration of the conceptual and practical difficulties and limitations that arise when trying to determine whether a film can be labelled (partly) ‘Belgian’, ‘Flemish’ and/or ‘francophone Belgian’. Emanating from the complexity of the Belgian situation, these difficulties reveal some of the theoretical contradictions of the concept of national cinema. As such, departing from a quantitative study of Belgian cinema, this article also provides an original contribution to ongoing debates on the concept of national cinema.