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Sewerage

NACE 37
Current registrations 360
Starters, 12 months 236.4 per 100 · Belgium 8.8
Bankruptcies, 12 months 12.8 per 1,000 registrations · Belgium 6.2
Employment (FTE) 3,15855 employers · latest accounts
Median age 17.4 yearsBelgium 8.1 years

Activities

NACE division 37 · 1 activity
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Sewerage37000 360 23 1 3,158

Filed accounts

NACE division 37 · financial year 2025 · 195 filed annual accounts
Median solvency
42.5%
Belgium 46.1%
Median net result
€34,081
Belgium €16,539
Median equity
€320,505
Belgium €98,485
Loss-making
20.1%
Belgium 26.7%
Negative equity
7.7%
Belgium 12.4%
Median return on equity
13.9%
Belgium 15.9%
Median liquidity
1.60
Belgium 1.66
Filed late
38.3%
financial year 2024, 141 filings · Belgium 38.4%
Per financial year20182019202020212022202320242025
Median solvency --38.8%41.6%39.1%40.6%40.0%42.6%
Median net result --€32,342€51,916€36,288€25,194€30,383€32,338
Filed late 34.3%40.0%39.6%38.1%33.3%34.6%38.3%-

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

Staff cost per FTE in NACE division 37

50 employers
Median
€69,100
Belgium €61,400
Middle half
€59,300 to €87,400
half of the employers lie between
Place among sectors
30 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
10 to 49 FTE €69,600 €60,400 to €87,100 21

Bankruptcies

Bankruptcies, 5 years, still registered
4
1.11% of the registrations · Belgium 1.68%

Bankruptcies per year in division 37

Per year20152016201720182019202020232025
Bankruptcies12213113
Jobs lost12315114

2025 through October. Every bankruptcy, also of companies that have since left the register. Source: Statbel (Directorate-General Statistics), NACE classification of 2008.

Recent bankruptcies

Date Company
20-02-2026 IDRABEL
BE 0456.863.070
29-07-2025 METABOLISM
BE 0769.743.696
11-06-2025 Laboulle, Marc
BE 0691.465.983 · sole trader · Erezée
21-12-2022 Bechet, Anthony
BE 0699.693.662 · sole trader · Charleroi

Every bankruptcy in division 37, last 90 days

Spread across the country

by region and province · 290 of 360 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 179 · 61.7%
  • Wallonia 84 · 29.0%
  • Brussels 25 · 8.6%
  • Abroad 2 · 0.7%
fewer moremax 49

Largest employers

NACE division 37 · staff from the latest accounts
  1. 1 AQUAFINAartselaar 1,207 FTEfinancial year 2025
  2. 2 in BW Association IntercommunaleNivelles 488 FTEfinancial year 2025
  3. 3 ASSOCIATION INTERCOMMUNALE POUR LE DEMERGEMENT ET L'EPURATION DES COMMUNES DE LA PROVINCE DE LIEGESaint-Nicolas 284 FTEfinancial year 2025
  4. 4 TREVIGhent 129 FTEfinancial year 2025
  5. 5 TPF UTILITIESForest 119 FTEfinancial year 2025

Joint committees

from the latest accounts of 89 companies
  • 121 Cleaning 61
  • 200 Auxiliary committee for white-collar workers 48
  • 124 Construction 13
  • 116 Chemical industry 4
  • 207 White-collar workers in the chemical industry 3
  • 111 Metal, mechanical and electrical engineering 2
  • 132 Technical farming and horticulture work 2
  • 140.03 Road transport and logistics for third parties 2
Show the 10 others
  • 209 White-collar workers in metal manufacturing 2
  • 142.04 Recovery of raw materials 1
  • 144 Agriculture 1
  • 149.01 Electricians: installation and distribution 1
  • 149.04 Metal trade 1
  • 201 Independent retail 1
  • 221 White-collar workers in the paper industry 1
  • 302 Hotels and catering 1
  • 329.01 Socio-cultural sector 1
  • 337 Auxiliary committee for the non-profit sector 1

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

1 of the 234 companies in NACE division 37 have a parent company abroad. Main parent countries: France (1). Together they employ 12 of the division's 3,158 FTE: 0.4%, against 14% for Belgium as a whole.

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €29.5m awarded 48 recipients · 2022 to 2025 · largest: Subsidie voor (her)aanleg riolering, KWZI's en IBA's
  • EU budget €2.3m attributed share 3 recipients · 2021 to 2024 · largest: Horizon Europe
  • EU research €4.5m EU contribution 4 recipients · 2011 to 2027 · largest: Horizon 2020

Explore every recipient in this sector

Insights on Sewerage

Balance sheet and result. The median net result of €34,081 is above Belgium's €16,539. 7.7% of the annual accounts show negative equity, against 12.4% in Belgium. 20.1% of the annual accounts close with a loss, against 26.7% in Belgium.

Inflow and structure. Half of the companies are younger than 17.4 years, against 8.1 years in Belgium. 19.4% of the companies are sole traders, against 41.6% in Belgium. Wallonia holds 29.2% of the seats, against 22.7% in Belgium.

Staff and filing. The median staff cost per FTE of €69,100 is above Belgium's €61,416. The 5 largest employers hold 2,227 of the 3,158 FTE: 70.5%.

Direction. Median solvency rose from 38.8% in financial year 2020 to 42.6% in financial year 2025.

The comparison with Belgium as a whole and with the other divisions is as of 05-11-2026 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 37 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 1,275,887 companies with a main activity, because only those belong to a division. The other 699,448 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.