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Demolition

Current registrations 1,331division 43: 129,054
Starters, 12 months 1219.1 per 100 · Belgium 8.9
Bankruptcies, 12 months 1914.3 per 1,000 registrations · Belgium 6.2
Employment (FTE) 1,545124 employers · latest accounts
Median age 9.1 yearsBelgium 8.1 years
E-invoicing via Peppol 90.5%1,205 of 1,331 companies in the Peppol Directory · Belgium 85.0%

Filed accounts

NACE 43110 · financial year 2025 · 589 filed annual accounts
Median solvency
43.3%
division 45.2% · Belgium 46.1%
Median net result
€13,631
division €13,172 · Belgium €16,520
Median equity
€113,655
division €82,140 · Belgium €98,421
Loss-making
24.1%
division 22.3% · Belgium 26.7%
Negative equity
8.5%
division 7.8% · Belgium 12.4%
Median return on equity
11.4%
division 15.5% · Belgium 15.9%
Median liquidity
1.60
division 1.76 · Belgium 1.66
Filed late
44.1%
financial year 2024, 587 filings · division 42.6% · Belgium 38.4%
Missing or 90 days late
6.2%
of 664 companies with annual accounts · division 6.0% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 38.4%41.1%40.7%41.5%44.3%43.3%
Median net result €14,107€17,747€14,093€12,519€15,666€13,631

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

Bankruptcies

Bankruptcies, 5 years, still registered
51
3.83% of the registrations · Belgium 1.68%
Running bankruptcies
63
47.3 per 1,000 registrations

Recent bankruptcies

Date Company
05-11-2026 WONINGBOUW VERELST
BE 0420.647.527
29-10-2026 FLEX MONTAGE
BE 0764.507.280
22-09-2026 Nesrin
BE 0756.757.574
16-09-2026 Afbraakwerken DV
BE 0476.692.939
14-08-2026 Dakwerken Maximus
BE 0541.413.616
08-07-2026 BONJOUR-GUNAYDIN
BE 0884.061.265
03-07-2026 TOLLI
BE 0892.360.903
01-07-2026 Ziga, Roman
BE 1028.674.112 · sole trader · Zottegem

Every bankruptcy in division 43, last 90 days

Spread across the country

by region and province · 816 of 1,331 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 576 · 70.6%
  • Wallonia 125 · 15.3%
  • Brussels 105 · 12.9%
  • Abroad 10 · 1.2%
fewer moremax 160

Largest employers

NACE 43110 as first main activity · staff from the latest accounts
  1. 1 ACLAGROGhent 285 FTEfinancial year 2025
  2. 2 ENTREPRISES DE MONTAGES EN GENERAL JEAN BOUTIQUESaint-Ghislain 118 FTEfinancial year 2025
  3. 3 WONINGBOUW VERELSTPutte 80.7 FTEfinancial year 2024
  4. 4 A.K.S. GROUPBrussels 59.2 FTEfinancial year 2025
  5. 5 VDRTGenappe 43.0 FTEfinancial year 2025

Joint committees

from the latest accounts of 185 companies
  • 124 Construction 146
  • 200 Auxiliary committee for white-collar workers 85
  • 140.03 Road transport and logistics for third parties 15
  • 226 White-collar workers in international trade, transport and logistics 5
  • 111 Metal, mechanical and electrical engineering 3
  • 140 Transport and logistics 3
  • 209 White-collar workers in metal manufacturing 3
  • 100 Auxiliary committee for blue-collar workers 2
Show the 11 others
  • 132 Technical farming and horticulture work 2
  • 142.01 Recovery of raw materials 2
  • 145 Horticulture 2
  • 323 Building management, estate agents and domestic staff 2
  • 106 Cement industry 1
  • 121 Cleaning 1
  • 140.02 Taxis 1
  • 140.04 Airport ground handling 1
  • 142 Recovery of raw materials 1
  • 142.04 Recovery of raw materials 1
  • 211 Oil industry and trade 1

Source: the annual accounts at the National Bank. One filing can name more than one committee.

Division 43: Specialised construction

Related activities

2 other activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Site preparation43120 8,342 1,054 81 8,265
Specialised construction activities43130 599 49 3 916

Bankruptcies per year in division 43

Per year201520162017201820192020202120222023202420252026
Bankruptcies1,2381,1181,1961,2851,4069579961,3741,4961,8201,8471,294
Jobs lost2,9772,5162,6162,7092,8072,3171,9342,5412,6723,3653,3792,180

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 43

6,826 employers
Median
€61,500
Belgium €61,400
Middle half
€52,500 to €69,800
half of the employers lie between
Place among sectors
56 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €59,800 €50,700 to €68,200 4,513
10 to 49 FTE €63,900 €55,800 to €71,400 2,080
50 to 249 FTE €70,100 €61,100 to €77,700 204
250 FTE or more €77,000 €70,500 to €82,400 29

Running bankruptcies in the sector

NACE division 43
Number
2,774
Half have run longer than
22 months
Belgium: 20 months
Longer than three years
31%
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

52 of the 67,044 companies in NACE division 43 have a parent company abroad. Main parent countries: Netherlands (18), France (9) and Germany (8). Together they employ 3,749 of the division's 101,557 FTE: 3.7%, against 14% for Belgium as a whole.

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €112.7m awarded 11,263 recipients · 2022 to 2025 · largest: Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
  • Federal transfers 15.2m amount as published 17 recipients · 2023 to 2025 · largest: Samenwerkingsakkoord Beliris - Kapitaaloverdracht overheidsbedrijven.
  • Wallonia-Brussels Federation €933,621 paid 4 recipients · 2023 to 2025 · largest: Unnamed in the register
  • EU budget €97.9m attributed share 31 recipients · 2021 to 2025 · largest: Linked to buildings
  • EU research €10.3m EU contribution 18 recipients · 2010 to 2026 · largest: Horizon 2020

Explore every recipient in this sector

Insights on Demolition

Balance sheet and result. 8.5% of the annual accounts show negative equity, against 12.4% in Belgium. Return on equity of 11.4% is below Belgium's 15.9%. The median net result of €13,631 is below Belgium's €16,520.

Bankruptcies. The median bankruptcy probability of 0.7% is above Belgium's 0.2%. In 12 months, 14.3 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. Half of the companies are younger than 9.1 years, against 8.1 years in Belgium. This activity holds 1.0% of the registrations of Specialised construction.

Staff and filing. 44.1% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 586 of the 1,545 FTE: 37.9%.

Direction. Median solvency rose from 38.4% in financial year 2020 to 43.3% 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 43110 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.