Real estate development

NACE 41101

Current registrations8,854

Largest regionFlanders 70%

Key figures for NACE division 41

fiscal year 2025 · median over 10,535 filed annual accounts

Median solvency

41.4%

lower than 63% of 79 divisions

Median equity

€66k

lower than 84% of 79 divisions

Median net result

€10k

lower than 68% of 79 divisions

Annual accounts in sample

10,535

Bankruptcies

past five years

Bankruptcies (5y)

203

Historical share

2.29%

Nationally, 1.41% of current registrations have a published bankruptcy opening in the past five years. This sector's historical share is higher than that of 82% of the 88 NACE divisions. The median bankruptcy probability in NACE division 41 is 1.4%, against 0.5% nationally, over 18,612 scored companies. Comparison: as of 25-09-2026 05:30.

Regional split

by region · 8,532 of 8,854 enterprises with a registered office on file

Flanders 5,998 · 70.3%

Wallonia 1,786 · 20.9%

Brussels 745 · 8.7%

Unknown 3 · 0.0%

Recent bankruptcies in this sector

Date	Company
21-09-2026	RENO DEVI BE 0683.805.062
16-09-2026	OUD BEGIJNHOF BE 0509.952.457
16-09-2026	NTG IMMO BE 0782.355.775
16-09-2026	SAINT-MARTIN INVEST BE 0895.158.758
15-09-2026	PM Invest BE 0758.977.884
02-09-2026	PROLAN BOUWPROMOTIE BE 0778.831.212
13-08-2026	C.I.G. BE 0418.580.833
04-08-2026	Vanhaerents BE 0405.226.111

Geographic distribution

by province · based on the establishment address

West Flanders WVL 1,510

East Flanders OVL 1,269

Antwerp ANT 1,524

Flemish Brabant VLB 775

Limburg LIM 920

Brussels BRU 745

Hainaut HAI 461

Walloon Brabant WBR 370

Namur NAM 256

Liège LIE 617

Luxembourg LUX 82

fewer moremax 1,524

How these figures are counted

Current enterprise registrations are counted through their registered main activities; establishment units are excluded. Counted in the KBO's NACE 2008 nomenclature, the one in which code 41101 exists.

Share of currently registered companies with a published bankruptcy opening in the past five years. Registered main activities in the selected classification can overlap. This retrospective share is not a future bankruptcy probability.

The comparison with the country and with the other NACE divisions comes from a nightly overview of every division, each counted in the nomenclature in which it exists. A standing such as "higher than 80%" counts the other divisions that have the figure. The bankruptcy probability is the median of our nightly score over the division's companies that have one; the count is stated.

The key figures cover the whole NACE division 41, not NACE 41101 on its own: there are too few filed annual accounts per five-digit code to compute them separately. The middle company of the sector, based on all filed annual accounts.