Plumbing work

NACE 43221

Current registrations7,030

Bankruptcies (5y)160

Historical share2.28%

Nationally, 1.40% 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 43 is 1.1%, against 0.5% nationally, over 61,893 scored companies.

Key figures for NACE division 43

fiscal year 2025 · median over 37,512 filed annual accounts

Median solvency

46.2%

higher than 58% of 79 divisions

Median equity

€80k

lower than 71% of 79 divisions

Median net result

€12k

lower than 61% of 79 divisions

Annual accounts in sample

37,512

Regional split

by region · 4,392 of 7,030 enterprises with a registered office on file

Flanders 3,339 · 76.0%

Wallonia 749 · 17.1%

Brussels 300 · 6.8%

Unknown 4 · 0.1%

Recent bankruptcies in this sector

Date	Company
16-09-2026	YUKO TECHNIC BE 0791.855.045
09-09-2026	DLC Projects BE 0682.643.834
09-09-2026	Morvan, Vincent BE 0744.758.179
08-09-2026	SFR EXPRESS BE 0738.602.342
31-08-2026	WORKSHIP BE 0552.741.632
31-08-2026	Delneste, Matthias BE 0672.511.490
19-08-2026	H.B.K - TEC BE 0758.900.680
13-07-2026	Hamidovic, Emir BE 0802.114.675

Geographic distribution

by province · based on the establishment address

West Flanders WVL 742

East Flanders OVL 724

Antwerp ANT 958

Flemish Brabant VLB 629

Limburg LIM 286

Brussels BRU 300

Hainaut HAI 193

Walloon Brabant WBR 176

Namur NAM 120

Liège LIE 233

Luxembourg LUX 27

fewer moremax 958

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 2025 nomenclature, the one in which code 43221 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 43, not NACE 43221 on its own: there are too few filed annual accounts per five-digit code to compute them separately. Medians over NBB annual accounts, all schema types combined.