Belgian PM Alexander De Croo Resigns After Election Setback

King Philippe accepts resignation; coalition formation expected to be challenging amid fragmented vote.

De Croo's party, Open VLD, saw significant losses in the federal elections, dropping from 12 to 7 seats.
The New Flemish Alliance (N-VA) remains the largest party in the federal parliament with 24 seats.
Far-right parties Vlaams Belang and the Reformist Movement each secured 20 seats.
Belgium's complex regional and linguistic divisions complicate the formation of a new government.
De Croo will stay on as caretaker Prime Minister until a new coalition is formed.