General construction of residential buildings
Filed accounts
NACE 41001 · financial year 2025 · 14,549 filed annual accounts| Per financial year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Median solvency | 36.1% | 36.6% | 37.7% | 38.3% | 39.9% | 40.3% |
| Median net result | €11,226 | €12,070 | €12,233 | €11,009 | €10,651 | €11,185 |
Hold your customer's or competitor's figures against them in the Sector benchmark
Bankruptcies
Recent bankruptcies
| Date | Company |
|---|---|
| 05-11-2026 | WONINGBOUW VERELST
BE 0420.647.527 |
| 05-11-2026 | Schotte-Construct
BE 0425.471.197 |
| 05-11-2026 | Algemene bouwonderneming Lucker Jan
BE 0459.679.832 |
| 05-11-2026 | PREMIER GROUP
BE 0738.904.527 |
| 05-11-2026 | DREAM'S HOMES
BE 0844.837.336 |
| 05-11-2026 | IRLO
BE 0865.633.641 |
| 05-11-2026 | AYAAN ALI
BE 1002.001.486 |
| 04-11-2026 | TMP CONCEPT TOITURE
BE 0893.252.214 |
Spread across the country
by region and province · 20,951 of 29,241 enterprises with a registered office on file · a sole trader has no published seat- Flanders
- Wallonia
- Brussels
- Abroad
The balance sheets of division 41 on the map, by municipality and down to the address
Largest employers
NACE 41001 as first main activity · 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 CIT BLATONSchaerbeek 335 FTEfinancial year 2025
Joint committees
from the latest accounts of 3,707 companies- 124 Construction 3,213
- 200 Auxiliary committee for white-collar workers 1,713
- 100 Auxiliary committee for blue-collar workers 40
- 149.01 Electricians: installation and distribution 40
- 111 Metal, mechanical and electrical engineering 31
- 323 Building management, estate agents and domestic staff 25
- 209 White-collar workers in metal manufacturing 24
- 121 Cleaning 21
Show the 12 others
- 126 Furnishing and woodworking 19
- 140.03 Road transport and logistics for third parties 18
- 302 Hotels and catering 18
- 201 Independent retail 14
- 145 Horticulture 11
- 149 Sectors related to metal, mechanical and electrical engineering 8
- 106.02 Concrete industry 7
- 226 White-collar workers in international trade, transport and logistics 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.
Division 41: Construction of buildings
Related activities
2 other activities| Activity | Registrations | Starters, 12 months | Bankruptcies, 12 months | FTE |
|---|---|---|---|---|
| General construction of other non-residential buildings41003 | 2,410 | 253 | 33 | 5,977 |
| General construction of office buildings41002 | 328 | 45 | 2 | 403 |
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.
Staff cost per FTE in NACE division 41
1,625 employers| Size | Median | Middle half | Employers |
|---|---|---|---|
| fewer than 10 FTE | €58,600 | €48,100 to €66,700 | 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 |
Employers with the highest staff cost per FTE in this division All sectors by staff cost In the Analysis workbench
Running bankruptcies in the sector
NACE division 41Measured nationally: Of 108,562 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 6 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.
25 of the 20,273 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 34,012 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
- Federal transfers 65.3m amount as published
- Wallonia-Brussels Federation €5.8m paid
- EU budget €9.5m attributed share
- EU research €1.8m EU contribution
Insights on General construction of residential buildings
Balance sheet and result. The median net result of €11,185 is below Belgium's €16,520. 10.3% of the annual accounts show negative equity, against 12.4% in Belgium. Solvency of 40.3% is below Belgium's 46.1%.
Bankruptcies. The median bankruptcy probability of 1.4% is above Belgium's 0.2%. In 12 months, 15.6 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is more than in 95% of the 88 NACE divisions.
Inflow and structure. 28.3% 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. This activity holds 92.1% of the registrations of Construction of buildings.
Staff and filing. 46.8% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 2,834 of the 27,617 FTE: 10.3%.
Direction. Median solvency rose from 36.1% in financial year 2020 to 40.3% in financial year 2025.
The comparison with Belgium as a whole and with the other divisions is as of 06-11-2026 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 41001 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 1,276,581 companies with a main activity, because only those belong to a division. The other 698,987 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.