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Insulation installation

NACE 43230
Enterprises4,353
Bankruptcies (5y)117
Failure rate2.69%

Nationally 1.50% of enterprises go bankrupt within five years; this failure rate is higher than that of 89% 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 2026 · median over 158 filed annual accounts
Median solvency
52.5%
higher than 85% of 79 divisions
Median equity
€76k
lower than 77% of 79 divisions
Median net result
€12k
lower than 67% of 79 divisions
Annual accounts in sample
158

Regional split

by region · 1,699 of 4,353 enterprises with a registered office on file
Vlaanderen 880 · 51.8%
Wallonië 501 · 29.5%
Brussel 313 · 18.4%
Unknown 5 · 0.3%

Recent bankruptcies in this sector

8
Date Company
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
10-07-2026 Salajan, Daniel
BE 0861.941.505
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
fewer moremax 313
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 43230 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 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.