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Specialised construction activities

NACE 43223
Enterprises493
Bankruptcies (5y)4
Failure rate0.81%

Nationally 1.50% of enterprises go bankrupt within five years; this failure rate is lower than that of 59% of the 88 NACE divisions. The median bankruptcy probability in NACE division 43 is 1.1%, against 0.5% nationally, over 56,773 scored companies.

Key figures for NACE division 43

fiscal year 2025 · median over 36467 filed annual accounts
Median solvency
46.3%
higher than 57% of 79 divisions
Median equity
€81k
lower than 71% of 79 divisions
Median net result
€12k
lower than 61% of 79 divisions
Annual accounts in sample
36,467

Regional split

by region · 212 of 493 enterprises with a registered office on file
Vlaanderen 114 · 53.8%
Wallonië 88 · 41.5%
Brussel 10 · 4.7%

Recent bankruptcies in this sector

4
Date Company
09-02-2026 D.R. Group BE
BE 0779.286.914
15-01-2026 Vandamme, Raphaël
BE 0556.807.912
07-10-2024 ART'UBAGE
BE 0442.747.590
16-06-2022 Bricusse, Luc
BE 0892.130.081

Geographic distribution

by province · based on the establishment address
fewer moremax 33
How these figures are counted

Enterprises are counted by their primary NACE; establishment units are not counted. Counted in the KBO's NACE 2025 nomenclature, the one in which code 43223 exists.

Bankruptcies and the failure rate are attributed by each company's current primary NACE, not the NACE at the time of bankruptcy (which the gazette does not record).

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 43223 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.