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Manufacture of other non-metallic mineral products

NACE 23440
Enterprises15
Bankruptcies (5y)1
Failure rate6.67%

Nationally 1.50% of enterprises go bankrupt within five years; this failure rate is higher than every NACE division. The median bankruptcy probability in NACE division 23 is 0.4%, against 0.5% nationally, over 1,258 scored companies.

Key figures for NACE division 23

fiscal year 2025 · median over 892 filed annual accounts
Median solvency
47.3%
higher than 66% of 79 divisions
Median equity
€318k
higher than 78% of 79 divisions
Median net result
€18k
higher than 59% of 79 divisions
Annual accounts in sample
892

Regional split

by region · 7 of 15 enterprises with a registered office on file
Wallonia 5 · 71.4%
Flanders 2 · 28.6%

Recent bankruptcies in this sector

1
Date Company
01-07-2024 IPSIIS Green Refractory Solutions Europe
BE 0764.802.339

Geographic distribution

by province · based on the establishment address
fewer moremax 4
How these figures are counted

Enterprises are counted by their primary NACE; establishment units are not counted. Counted in the KBO's NACE 2025 nomenclature, the one in which code 23440 exists.

Bankruptcies and the failure rate are attributed by each company's current primary NACE, not the NACE at the time of bankruptcy (which the gazette does not record).

The comparison with the country and with the other NACE divisions comes from a nightly overview of every division, each counted in the nomenclature in which it exists. A standing such as "higher than 80%" counts the other divisions that have the figure. The bankruptcy probability is the median of our nightly score over the division's companies that have one; the count is stated.

The key figures cover the whole NACE division 23, not NACE 23440 on its own: there are too few filed annual accounts per five-digit code to compute them separately. Medians over NBB annual accounts, all schema types combined.