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General construction of other non-residential buildings

Current registrations 2,410division 41: 31,732
Starters, 12 months 25310.5 per 100 · Belgium 8.9
Bankruptcies, 12 months 3313.7 per 1,000 registrations · Belgium 6.2
Employment (FTE) 5,977170 employers · latest accounts
Median age 5.8 yearsBelgium 8.1 years
E-invoicing via Peppol 88.9%2,143 of 2,410 companies in the Peppol Directory · Belgium 85.0%

Filed accounts

NACE 41003 · financial year 2025 · 967 filed annual accounts
Median solvency
36.6%
division 40.1% · Belgium 46.1%
Median net result
€18,526
division €11,273 · Belgium €16,520
Median equity
€123,316
division €70,154 · Belgium €98,421
Loss-making
24.1%
division 25.2% · Belgium 26.7%
Negative equity
9.0%
division 10.3% · Belgium 12.4%
Median return on equity
16.3%
division 16.2% · Belgium 15.9%
Median liquidity
1.51
division 1.63 · Belgium 1.66
Filed late
42.2%
financial year 2024, 962 filings · division 46.4% · Belgium 38.4%
Missing or 90 days late
6.0%
of 1,108 companies with annual accounts · division 7.5% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 32.6%32.6%34.1%35.6%36.0%36.6%
Median net result €17,683€19,811€22,690€23,928€17,072€18,526

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

Bankruptcies

Bankruptcies, 5 years, still registered
85
3.53% of the registrations · Belgium 1.68%
Running bankruptcies
96
39.8 per 1,000 registrations

Recent bankruptcies

Date Company
05-11-2026 BEDRIJFSBOUW EN PROJECTBOUW VERELST
BE 0419.455.714
05-11-2026 VERELST WALLONIE
BE 0880.915.495
28-10-2026 Bouwwerken Van Severen Wouter
BE 0762.452.266
12-10-2026 ATLANT
BE 0713.446.975
02-10-2026 TECTURA GROEP
BE 1019.763.275
09-09-2026 Rogojină, Andrei-Cristian
BE 0792.274.917 · sole trader · Knokke-Heist
25-08-2026 IDEAA CONCEPT
BE 0791.721.225
17-08-2026 HOUSE FOR YOU
BE 0739.692.108

Every bankruptcy in division 41, last 90 days

Spread across the country

by region and province · 1,802 of 2,410 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 1,230 · 68.3%
  • Wallonia 378 · 21.0%
  • Brussels 130 · 7.2%
  • Abroad 64 · 3.6%
fewer moremax 327

Largest employers

NACE 41003 as first main activity · staff from the latest accounts
  1. 1 CORDEEL BELGIUMBilzen-Hoeselt 349 FTEfinancial year 2025
  2. 2 VALCKE PREFAB BETONYpres 334 FTEfinancial year 2025
  3. 3 Etablissements Jean WustThimister-Clermont 298 FTEfinancial year 2025
  4. 4 Artes RoegiersBeveren-Kruibeke-Zwijndrecht 272 FTEfinancial year 2025
  5. 5 MourikAntwerp 261 FTEfinancial year 2025

Joint committees

from the latest accounts of 323 companies
  • 124 Construction 262
  • 200 Auxiliary committee for white-collar workers 197
  • 111 Metal, mechanical and electrical engineering 41
  • 209 White-collar workers in metal manufacturing 27
  • 149.01 Electricians: installation and distribution 7
  • 149 Sectors related to metal, mechanical and electrical engineering 3
  • 201 Independent retail 3
  • 302 Hotels and catering 3
Show the 8 others
  • 100 Auxiliary committee for blue-collar workers 2
  • 121 Cleaning 2
  • 126 Furnishing and woodworking 2
  • 140.03 Road transport and logistics for third parties 2
  • 145 Horticulture 2
  • 142 Recovery of raw materials 1
  • 303.03 Film industry 1
  • 323 Building management, estate agents and domestic staff 1

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 residential buildings41001 29,241 2,577 455 27,617
General construction of office buildings41002 328 45 2 403

Bankruptcies per year in division 41

Per year201520162017201820192020202120222023202420252026
Bankruptcies475401499488503340378535676735855592
Jobs lost1,5551,1621,2381,3631,0848609761,0451,2881,3921,4121,187

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
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 €66,700 996
10 to 49 FTE €61,800 €53,300 to €70,700 497
50 to 249 FTE €70,900 €64,300 to €78,800 121

Running bankruptcies in the sector

NACE division 41
Number
1,113
Half have run longer than
21 months
Belgium: 20 months
Longer than three years
32%
Belgium: 31%

Measured 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.

Outcome by court and division

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 2,151 recipients · 2022 to 2025 · largest: Tussenkomst FS3 aan initiatiefnemers
  • Federal transfers 65.3m amount as published 16 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 General construction of other non-residential buildings

Balance sheet and result. 9.0% of the annual accounts show negative equity, against 12.4% in Belgium. Solvency of 36.6% is below Belgium's 46.1%. The median net result of €18,526 is above Belgium's €16,520.

Bankruptcies. The median bankruptcy probability of 1.1% is above Belgium's 0.2%. In 12 months, 13.7 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is more than in 93% of the 88 NACE divisions.

Inflow and structure. 25.2% of the companies are sole traders, against 41.6% in Belgium. Half of the companies are younger than 5.8 years, against 8.1 years in Belgium. In 12 months, 10.5 of 100 companies started, against 8.9 in Belgium. That is more than in 78% of the 87 NACE divisions.

Staff and filing. The 5 largest employers hold 1,515 of the 5,977 FTE: 25.4%.

Direction. Median solvency rose from 32.6% in financial year 2020 to 36.6% 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 41003 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.