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Specialised construction activities

NACE 4324
Current registrations4,003
Starters, 12 months · division 43
11,927
Employment (FTE) · division 43
117,474
Median age · division 43
7.7 years

In NACE division 43, 9.3 companies per 100 started in the past twelve months, against 7.5 nationally; that is higher than that of 67% of the 87 NACE divisions with this figure. Comparison: as of 18-10-2026 05:30.

Key figures for NACE division 43

financial year 2025 · median over 46,627 filed annual accounts
Median solvency
46.0%
higher than 56% of the 79 divisions with this figure
Median equity
€77,870
lower than 72% of the 79 divisions with this figure
Median net result
€12,610
lower than 63% of the 79 divisions with this figure
Annual accounts in sample
46,627

Foreign control in NACE division 43

66,968 registered companies

Staff cost per FTE in NACE division 43

6,845 employers
Median
€61,400
Belgium €61,400
Middle half
€52,400 to €69,700
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 €59,700 €50,600 to €68,000 4,524
10 to 49 FTE €63,900 €55,700 to €71,400 2,085
50 to 249 FTE €69,600 €61,000 to €77,800 206
250 FTE or more €76,300 €70,500 to €82,300 30

Bankruptcies

past five years
Bankruptcies (5y)
132
Historical share
3.30%

Nationally, 1.61% of current registrations have a published bankruptcy opening in the past five years. This sector's historical share is higher than that of 93% of the 88 NACE divisions with this figure. The median bankruptcy probability in NACE division 43 is 0.7%, against 0.2% nationally, over 61,632 scored companies. Comparison: as of 18-10-2026 05:30.

Bankruptcies still running

NACE division 43
Running bankruptcies
2,764
Half have run longer than
22 months
Belgium: 21 months
Longer than three years
31%
Belgium: 31%

Measured nationally: Of 108,104 bankruptcies of legal entities across Belgium, 49% were closed within five years for insufficient assets and 28% after liquidation, 3% were withdrawn; 20% were still open after five years. Half had ended after 26 months (a quarter after 15, three quarters after 51 months).

Counts companies with this main activity in the register on 19 October 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

Regional split

by region · 2,173 of 4,003 enterprises with a registered office on file
Flanders 1,440 · 66.3%
Wallonia 417 · 19.2%
Brussels 304 · 14.0%
Unknown 12 · 0.6%

Recent bankruptcies in this sector

8
Date Company
28-09-2026 Tincu, Cosmin
BE 0633.693.179 · sole trader · Etterbeek
28-09-2026 Şeremit, Abdullah
BE 0821.655.425 · sole trader · Tournai
25-09-2026 SANTERMANS LIFTEN
BE 0667.776.506
25-09-2026 Solar Empire
BE 0799.572.582
23-09-2026 Arslan Construct
BE 0805.442.666
02-09-2026 BEST ENERGY GROUP
BE 0654.826.709
02-09-2026 Marnette, Gilles
BE 0713.553.180 · sole trader · Visé
30-07-2026 Stan, Gheorghe
BE 0727.657.475 · sole trader · Aalst

Geographic distribution

by province · based on the registered office
fewer moremax 431

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €133.3m awarded 11,267 recipients · 2022 to 2025 · largest: Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
  • Federal transfers 24.0m amount as published 18 recipients · 2023 to 2025 · largest: Toelagen OCMW's recht op maatschappelijke integratie
  • 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

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 4324 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 4324 on its own: there are too few filed annual accounts per five-digit code to compute them separately. The middle company of the sector, based on all filed annual accounts.