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Construction of residential and non-residential buildings

NACE 4100 · division 41 Construction of buildings
Current registrations 31,717division 41: 31,722
Starters, 12 months 2,844division 41 · 9.0 per 100 · Belgium 7.5
Bankruptcies, 5 years 1,3184.16% of the registrations · Belgium 1.61%
Employment (FTE) 39,954division 41 · financial year 2025
Median age 6.0 yearsdivision 41 · Belgium 10.7 years

Filed accounts of the division

NACE division 41 · financial year 2025 · 15,381 filed annual accounts
Median solvency
40.2%
Belgium 46.2%
Median net result
€11,271
Belgium €16,557
Median equity
€70,278
Belgium €98,554
Loss-making
25.2%
Belgium 26.7%
Negative equity
10.3%
Belgium 12.4%
Median return on equity
16.1%
Belgium 15.9%
Median liquidity
1.63
Belgium 1.66

Staff cost per FTE in NACE division 41

1,625 employers
Median
€60,500
Belgium €61,400
Middle half
€50,600 to €69,400
half of the employers lie between
Place among sectors
57 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €58,600 €48,100 to €66,600 996
10 to 49 FTE €61,800 €53,300 to €70,700 497
50 to 249 FTE €70,900 €64,300 to €78,800 121

Bankruptcies

Bankruptcies, 12 months
492
division 41 · 15.5 per 1,000 registrations · Belgium 5.5

Recent bankruptcies

Date Company
30-10-2026 BVBA DAMI
BE 0683.982.137
29-10-2026 SNYPER 1
BE 0463.330.693
28-10-2026 Group SK
BE 0542.627.601
28-10-2026 MBS BATI
BE 0665.581.930
28-10-2026 Bouwwerken Van Severen Wouter
BE 0762.452.266
28-10-2026 Savana Group Wood House
BE 1008.965.888
28-10-2026 TBD Kitwerken
BE 1017.535.443
27-10-2026 Bodan, Marius
BE 0635.734.832 · sole trader · Ecaussinnes

Every bankruptcy in division 41, last 90 days

Running bankruptcies in the sector

NACE division 41
Number
1,105
Half have run longer than
22 months
Belgium: 20 months
Longer than three years
33%
Belgium: 31%

Measured nationally: Of 108,424 bankruptcies of legal entities across Belgium, 49% were closed within five years for insufficient assets and 28% after liquidation, 3% were withdrawn.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 2 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.

Outcome by court and division

Spread across the country

by region and province · 22,776 of 31,717 enterprises with a registered office on file
  • Flanders 15,561 · 68.3%
  • Wallonia 5,281 · 23.2%
  • Brussels 1,872 · 8.2%
  • Unknown 62 · 0.3%
fewer moremax 4,761

Largest employers

NACE division 41 · staff from the latest accounts
  1. 1 THOMAS & PIRON HOMEPaliseul 917 FTEfinancial year 2025
  2. 2 N.V. BESIX S.A.Sint-Lambrechts-Woluwe 809 FTEfinancial year 2025
  3. 3 WILLY NAESSENS INDUSTRIEBOUWWortegem-Petegem 394 FTEfinancial year 2025
  4. 4 Thomas & Piron BâtimentNamur 380 FTEfinancial year 2025
  5. 5 CORDEEL BELGIUMBilzen-Hoeselt 349 FTEfinancial year 2025

25 of the 20,275 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 34,022 FTE: 4.6%, against 15% for Belgium as a whole.

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €188.1m awarded 2,152 recipients · 2022 to 2025 · largest: Tussenkomst FS3 aan initiatiefnemers
  • Federal transfers 65.7m amount as published 17 recipients · 2023 to 2025 · largest: Samenwerkingsakkoord Beliris - Kapitaaloverdracht overheidsbedrijven.
  • Wallonia-Brussels Federation €5.8m paid 3 recipients · 2023 to 2024 · largest: Infrastructures sportives et IPPJ
  • EU budget €9.5m attributed share 9 recipients · 2021 to 2025 · largest: Horizon Europe
  • EU research €1.8m eu contribution 10 recipients · 2015 to 2025 · largest: Horizon Europe

Explore every recipient in this sector

Insights on Construction of residential and non-residential buildings

The number of starters per 100 companies in NACE division 41 is higher than that of 68% of the 87 NACE divisions with this figure.

This sector's historical share is higher than that of 97% of the 88 NACE divisions with this figure.

The median bankruptcy probability in NACE division 41 is 1.4%, against 0.2% for Belgium as a whole. It is computed over 18,464 scored companies.

The comparison with Belgium as a whole and with the other divisions is as of 02-11-2026 05:30.

Method and sources

Every company registered today counts under its main activities in the KBO. Establishment units do not count. The count follows the NACE 2025 classification, the version in which code 4100 exists.

The historical share is the share of current registrations for which a bankruptcy opening was published in the past five years. A company with more than one main activity counts in each of those sectors. The historical share is not a future bankruptcy probability.

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 "higher than 80%" compares with the other divisions that have the figure. A division's bankruptcy probability is the median over its companies with a score. Their number is given with the figure.

The filed-accounts figures cover the whole NACE division 41, not only NACE 4100. There are too few filed annual accounts per five-digit code to compute them separately. Each median is the value of the middle company, computed over the division's 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.