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Construction of residential and non-residential buildings

Current registrations 9,674division 41: 31,723
Bankruptcies, 5 years, still registered 2642.73% of the registrations · Belgium 1.68%

Bankruptcies

Recent bankruptcies

Date Company
06-11-2026 Callebout, Andy
BE 0748.863.952 · sole trader · Ninove
05-11-2026 Lion Projectmanagement
BE 0803.685.184
28-10-2026 SEDIMENT
BE 0658.787.970
28-10-2026 CNL développement
BE 0680.595.649
28-10-2026 WATERPAS PROJECTS
BE 0897.322.155
23-10-2026 Marcinelle Services
BE 0734.588.918
22-10-2026 M. B-PROJECTS
BE 1016.471.215
21-10-2026 ARDEGANE
BE 0676.786.222

Every bankruptcy in division 41, last 90 days

Spread across the country

by region and province · 9,341 of 9,674 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 6,595 · 70.6%
  • Wallonia 1,892 · 20.3%
  • Brussels 838 · 9.0%
  • Abroad 16 · 0.2%
fewer moremax 1,688

Division 41: Construction of buildings

Filed accounts of the division

NACE division 41 · financial year 2025 · 15,486 filed annual accounts
Median solvency
40.1%
Belgium 46.1%
Median net result
€11,258
Belgium €16,497
Median equity
€70,031
Belgium €98,338
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
Filed late
46.4%
financial year 2024, 13,260 filings · Belgium 38.4%
Missing or 90 days late
7.5%
of 17,802 companies with annual accounts · Belgium 5.4%
Per financial year20182019202020212022202320242025
Median solvency --36.2%36.9%38.2%38.8%40.5%41.0%
Median net result --€10,263€11,341€11,359€10,311€9,667€10,377
Filed late 45.0%51.0%49.7%49.0%47.8%46.9%46.4%-

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

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 €66,600 995
10 to 49 FTE €62,000 €53,300 to €70,700 498
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 108,621 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 9 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 20,272 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 34,000 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 2,152 recipients · 2022 to 2025 · largest: Tussenkomst FS3 aan initiatiefnemers
  • Wallonia-Brussels Federation €5.8m paid 3 recipients · 2023 to 2024 · largest: Infrastructures sportives et IPPJ
  • Federal transfers 65.3m amount as published 16 recipients · 2023 to 2025 · largest: Samenwerkingsakkoord Beliris - Kapitaaloverdracht overheidsbedrijven.
  • 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

Inflow and structure. This activity holds 30.5% of the registrations of Construction of buildings.

The comparison with Belgium as a whole and with the other divisions is as of 09-11-2026 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 2008 classification, the version in which code 411 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 1,276,461 companies with a main activity, because only those belong to a division. The other 699,442 registrations publish no activity.