Insulation installation

NACE 43230

Current registrations4,270

Bankruptcies (5y)111

Historical share2.60%

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 86% of the 88 NACE divisions. The median bankruptcy probability in NACE division 43 is 1.1%, against 0.5% nationally, over 61,881 scored companies.

Key figures for NACE division 43

fiscal year 2025 · median over 37,472 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

37,472

Regional split

by region · 1,682 of 4,270 enterprises with a registered office on file

Flanders 869 · 51.7%

Wallonia 499 · 29.7%

Brussels 309 · 18.4%

Unknown 5 · 0.3%

Recent bankruptcies in this sector

Date	Company
16-09-2026	ISOLAZ BE 0479.523.557
07-09-2026	LION DECOR BE 0729.721.201
14-08-2026	Hieff, Christophe BE 0668.840.734
06-08-2026	ROSDOM BE 1015.196.852
24-07-2026	Ceaușu, Marin BE 1020.494.537
13-07-2026	ISO HAZAR BE 0800.735.790
22-06-2026	Bultoc, Catalin BE 0712.647.914
15-06-2026	IAC Group BE 1004.878.329

Geographic distribution

by province · based on the establishment address

West Flanders WVL 129

East Flanders OVL 177

Antwerp ANT 181

Flemish Brabant VLB 229

Limburg LIM 153

Brussels BRU 309

Hainaut HAI 145

Walloon Brabant WBR 82

Namur NAM 80

Liège LIE 163

Luxembourg LUX 29

fewer moremax 309

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 43230 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 43230 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.