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Other mining and quarrying

NACE 08112 · division 08 Other mining and quarrying
Current registrations 56division 08: 229
Starters, 12 months 11.8 per 100 · Belgium 8.9
Employment (FTE) 80712 employers · latest accounts
Median age 32.5 yearsBelgium 8.1 years
E-invoicing via Peppol 92.9%52 of 56 companies in the Peppol Directory · Belgium 85.0%

No bankruptcy in the past five years.

Filed accounts

NACE 08112 · financial year 2025 · 47 filed annual accounts
Median solvency
52.5%
division 51.0% · Belgium 46.1%
Median net result
€76,563
division €31,710 · Belgium €16,500
Median equity
€1.6m
division €975,290 · Belgium €98,350
Loss-making
25.5%
division 23.3% · Belgium 26.7%
Negative equity
6.4%
division 6.1% · Belgium 12.4%
Median return on equity
4.5%
division 7.6% · Belgium 15.9%
Median liquidity
2.27
division 1.85 · Belgium 1.66
Filed late
38.8%
financial year 2024, 49 filings · division 30.5% · Belgium 38.4%
Missing or 90 days late
2.0%
of 49 companies with annual accounts · division 4.7% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 45.5%48.1%50.6%48.9%55.7%52.5%
Median net result €39,950€114,098€119,044€59,352€127,192€76,563

Hold your customer's or competitor's figures against them in the Sector benchmark

Spread across the country

by region and province · 54 of 56 enterprises with a registered office on file · a sole trader has no published seat
  • Wallonia 44 · 81.5%
  • Flanders 7 · 13.0%
  • Brussels 1 · 1.9%
  • Abroad 2 · 3.7%
fewer moremax 13

The balance sheets of division 08 on the map, by municipality and down to the address

Largest employers

NACE 08112 as first main activity · staff from the latest accounts
  1. 1 COMPAGNIE DES CIMENTS BELGESTournai 352 FTEfinancial year 2025
  2. 2 CARRIERES ET FOURS A CHAUX DUMONT-WAUTIEROttignies-Louvain-la-Neuve 219 FTEfinancial year 2025
  3. 3 SOCIETE DES CARRIERES DU TOURNAISISTournai 116 FTEfinancial year 2025
  4. 4 Aertssen Infra SudEngis 64.3 FTEfinancial year 2025
  5. 5 Les Carrières du Fond des VaulxWellin 22.4 FTEfinancial year 2025

Companies

56 with this main activity

Joint committees

from the latest accounts of 32 companies
  • 200 Auxiliary committee for white-collar workers 20
  • 102.09 Quarries 12
  • 102.02 Quarries 5
  • 102.04 Quarries 5
  • 124 Construction 4
  • 203 White-collar workers in bluestone quarries 4
  • 102.01 Quarries 3
  • 102.07 Quarries 2
Show the 1 others
  • 106.02 Concrete industry 1

Source: the annual accounts at the National Bank. One filing can name more than one committee.

Division 08: Other mining and quarrying

Related activities

4 other activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Other mining and quarrying08111 111 2 0 1,722
Other mining and quarrying08122 48 0 0 364
Other mining and quarrying08121 12 0 0 18
Other mining and quarrying08123 6 1 0 66

Bankruptcies per year in division 08

Per year201520162017201820192021202220232024
Bankruptcies111111211
Jobs lost621412211

2024 through February. Every bankruptcy, also of companies that have since left the register. Source: Statbel (Directorate-General Statistics), NACE classification of 2008.

Staff cost per FTE in NACE division 08

84 employers
Median
€64,900
Belgium €61,400
Middle half
€57,500 to €81,500
half of the employers lie between
Place among sectors
45 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €60,000 €57,200 to €72,200 42
10 to 49 FTE €66,400 €59,100 to €75,600 29

Employers with the highest staff cost per FTE in this division All sectors by staff cost In the Analysis workbench

Foreign control in NACE division 08

196 registered companies
Companies with a foreign parent
3.1%
6 of 196; Belgium 0.3%
Staff at those companies
20%
596 of 3,036 FTE; Belgium 14%

Main parent countries: Luxembourg (2), Switzerland (1) and Germany (1).Show on the map by municipality

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €648,310 awarded 22 recipients · 2022 to 2025 · largest: Bebossing/herbebossing/inkomenssteun
  • EU budget €2.6m attributed share 3 recipients · 2023 to 2025 · largest: Other actions
  • EU research €194,400 EU contribution 1 recipient · 2023 · largest: Horizon Europe

Explore every recipient in this sector

Insights on Other mining and quarrying

Balance sheet and result. The median net result of €76,563 is above Belgium's €16,500. Return on equity of 4.5% is below Belgium's 15.9%. 6.4% of the annual accounts show negative equity, against 12.4% in Belgium.

Bankruptcies. The median bankruptcy probability of 0.1% is below Belgium's 0.2%.

Inflow and structure. Half of the companies are younger than 32.5 years, against 8.1 years in Belgium. Wallonia holds 84.6% of the seats, against 22.7% in Belgium. 3.6% of the companies are sole traders, against 41.6% in Belgium.

Staff and filing. The 5 largest employers hold 773 of the 807 FTE: 95.7%.

Direction. Median solvency rose from 45.5% in financial year 2020 to 52.5% in financial year 2025. The median net result rose from €39,950 in financial year 2020 to €76,563 in financial year 2025.

The comparison with Belgium as a whole and with the other divisions is as of 08-11-2026 05:30.

Method and sources

Every company registered today counts under its main activities in the KBO. Establishment units do not count. Staff counts once, under the employer's first main activity, from its latest accounts and only where it fits the staff costs. The count follows the NACE 2025 classification, the version in which code 08112 exists.

The bankruptcies over five years count only companies still registered today, because the activity of a company that left the register is not kept. So they are fewer than the bankruptcies of those years, and the figure is not a probability for the future. Over twelve months the count is nearly complete, because a bankrupt company stays registered while its bankruptcy runs. A company with more than one main activity counts in each of those sectors.

The comparison with Belgium as a whole and with the other NACE divisions rests on an overview of every division, counted again each night. Each division is counted in the version of the NACE classification in which it exists. A standing such as "more than in 80%" compares with the other divisions that have the figure. A division's bankruptcy probability is the median over its companies with a score. Belgium here counts the 1,276,474 companies with a main activity, because only those belong to a division. The other 699,509 registrations publish no activity.

Each median is the value of the middle company, computed over the annual accounts of financial year 2025, and is shown only from 30 accounts. A share (loss-making, negative equity) counts that year's accounts with that trait. Accounts are late when they are filed after the statutory deadline. The direction per financial year follows the companies still registered today. Missing or 90 days late counts the companies with accounts missing today, or whose latest were filed more than 90 days after the deadline. The dossier follows the same rule.

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