Construction of residential and non-residential buildings
Activities
NACE division 41 · 3 activities| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| General construction of residential buildings41001 | 29,263 | 2,614 | 453 | 27,621 |
| General construction of other non-residential buildings41003 | 2,410 | 256 | 33 | 5,942 |
| General construction of office buildings41002 | 329 | 45 | 2 | 403 |
Filed accounts
NACE division 41 · financial year 2025 · 15,561 filed annual accounts| Per financial year | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Median solvency | - | - | 36.2% | 36.9% | 38.2% | 38.8% | 40.5% | 41.0% |
| Median net result | - | - | €10,278 | €11,321 | €11,368 | €10,312 | €9,667 | €10,394 |
| Filed late | 45.0% | 51.1% | 49.7% | 49.0% | 47.8% | 47.0% | 46.5% | - |
Hold your customer's or competitor's figures against them in the Sector benchmark
Staff cost per FTE in NACE division 41
1,627 employers| Size | Median | Middle half | Employers |
|---|---|---|---|
| fewer than 10 FTE | €58,600 | €48,000 to €66,700 | 998 |
| 10 to 49 FTE | €62,100 | €53,300 to €70,700 | 497 |
| 50 to 249 FTE | €70,900 | €64,300 to €78,800 | 121 |
Employers with the highest staff cost per FTE in this division All sectors by staff cost In the Analysis workbench
Bankruptcies
Bankruptcies per year in division 41
| Per year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bankruptcies | 475 | 401 | 499 | 488 | 503 | 340 | 378 | 535 | 676 | 735 | 855 | 592 |
| Jobs lost | 1,555 | 1,162 | 1,238 | 1,363 | 1,084 | 860 | 976 | 1,045 | 1,288 | 1,392 | 1,412 | 1,187 |
2026 through September. Every bankruptcy, also of companies that have since left the register. Source: Statbel (Directorate-General Statistics), NACE classification of 2008.
Recent bankruptcies
| Date | Company |
|---|---|
| 13-11-2026 | BELGIUM SERVICES & TP
BE 0788.310.189 |
| 12-11-2026 | GRUP-IVACONSTRUCT.BE
BE 0715.966.106 |
| 12-11-2026 | LMF Services
BE 0800.964.830 |
| 10-11-2026 | PLBD
BE 0755.827.958 |
| 09-11-2026 | MWG - Construct
BE 0744.632.871 |
| 09-11-2026 | COMBEL
BE 0750.546.507 |
| 09-11-2026 | Ailenei, Florin-Ciprian
BE 0762.721.292 · sole trader · Drogenbos |
| 09-11-2026 | DANYSUSY CONSTRUCTION
BE 0801.356.491 |
Running bankruptcies in the sector
NACE division 41Measured nationally: Of 108,810 bankruptcies of legal entities across Belgium, 49% were closed within five years for insufficient assets and 29% after liquidation, 3% were withdrawn. After five years, 20% were still open. Half had ended after 26 months (a quarter after 15, three quarters after 51 months).
This counts companies with this main activity in the register on 14 November 2026. The outcome itself is not measured by sector. The activity of a company that leaves the register after its bankruptcy is too often not kept to compare closed cases fairly.
Spread across the country
by region and province · 22,787 of 31,751 enterprises with a registered office on file · a sole trader has no published seat- Flanders
- Wallonia
- Brussels
- Abroad
This sector's balance sheets on the map, by municipality and down to the address
Largest employers
NACE division 41 · staff from the latest accounts- 1 THOMAS & PIRON HOMEPaliseul 917 FTEfinancial year 2025
- 2 N.V. BESIX S.A.Woluwe-Saint-Lambert 809 FTEfinancial year 2025
- 3 WILLY NAESSENS INDUSTRIEBOUWWortegem-Petegem 394 FTEfinancial year 2025
- 4 Thomas & Piron BâtimentNamur 380 FTEfinancial year 2025
- 5 CORDEEL BELGIUMBilzen-Hoeselt 349 FTEfinancial year 2025
Joint committees
from the latest accounts of 3,923 companies- 124 Construction 3,372
- 200 Auxiliary committee for white-collar workers 1,836
- 111 Metal, mechanical and electrical engineering 71
- 209 White-collar workers in metal manufacturing 51
- 149.01 Electricians: installation and distribution 48
- 100 Auxiliary committee for blue-collar workers 43
- 323 Building management, estate agents and domestic staff 25
- 121 Cleaning 23
Show the 12 others
- 302 Hotels and catering 21
- 126 Furnishing and woodworking 20
- 140.03 Road transport and logistics for third parties 19
- 201 Independent retail 16
- 145 Horticulture 13
- 149 Sectors related to metal, mechanical and electrical engineering 10
- 226 White-collar workers in international trade, transport and logistics 7
- 106.02 Concrete industry 6
- 339 Approved social housing companies 6
- 140 Transport and logistics 4
- 144 Agriculture 4
- 101 Mining 3
Source: the annual accounts at the National Bank. One filing can name more than one committee.
25 of the 20,255 companies in NACE division 41 have a parent company abroad. Main parent countries: France (5), Luxembourg (5) and Netherlands (5). Together they employ 1,574 of the division's 34,004 FTE: 4.6%, against 14% for Belgium as a whole.
Subsidies in this sector
per register · legal entities with an enterprise number- Flemish subsidies €166.8m awarded
- Wallonia-Brussels Federation €5.8m paid
- Federal transfers 65.3m amount as published
- EU budget €9.5m attributed share
- EU research €1.8m EU contribution
Insights on Construction of buildings
Balance sheet and result. The median net result of €11,271 is below Belgium's €16,468. 10.3% of the annual accounts show negative equity, against 12.4% in Belgium. Solvency of 40.0% is below Belgium's 46.1%.
Bankruptcies. The median bankruptcy probability of 1.4% is above Belgium's 0.2%. In 12 months, 15.3 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is more than in 95% of the 87 other NACE divisions. By size, the median bankruptcy probability is 1.5% at under 10 FTE, 0.4% at 10 to 49 FTE and 0.3% at 50 to 249 FTE.
Inflow and structure. 28.2% of the companies are sole traders, against 41.6% in Belgium. Half of the companies are younger than 6.1 years, against 8.1 years in Belgium.
Staff and filing. 46.5% of the financial year 2024 accounts were filed late, against 38.5% in Belgium. The 5 largest employers hold 2,849 of the 34,004 FTE: 8.4%.
Direction. Median solvency rose from 36.2% in financial year 2020 to 41.0% in financial year 2025. In 2025, Statbel counted 855 bankruptcies and 1,412 jobs lost, against 340 bankruptcies in 2020.
The comparison with Belgium as a whole and with the other divisions is as of 14-11-2026 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 41 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 1,276,430 companies with a main activity, because only those belong to a division. The other 700,464 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. 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.