The man who attacked soldiers with a machete died in a hospital.
The 30-year-old man of Somalian heritage was shifted to hospital in critical condition after he was wounded by gun shots.
Federal prosecutor's office confirmed that the suspect has been killed.
"Soldiers retaliated after the man attacked them with a weapon which some eyewitnesses have purported was a machete," news portal Metro reported earlier.
The suspect reportedly shouted "Allahu Akbar" before the attack.
The attack took place on Boulevard Emile Jacqmain in the centre of Brussels.
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Two soldiers suffered minor injuries in the attack- one in the face, the other in the hand.
Soldiers retaliated after the man attacked them.
However, the authorities said that the 30-year-old man was not known for any terrorist activities.
Authorities are treating this as an isolated incident and have not changed Belgium's terror threat level, which is currently at level three, the reports said.
Images showed paramedics at the scene, accompanied by a heavy police presence.
Police have sealed off the scene of the incident.
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