The document summarizes research on e-commerce sales in Belgium during the 2015 holiday season and January 2016 sales period. It found that actual online turnover during the 2015 festive season was 6.9 billion Euros, exceeding the budgeted amount. Actual sales during Black Friday/Cyber Monday and the Christmas period from December 10th to 24th accounted for over half the festive season sales. The survey also found that actual online turnover during the January 2016 winter sales period was expected to be 9.15% of annual turnover, exceeding the forecasted amount.