Specialised construction activities

NACE 433

Current registrations44,769

Starters, 12 months · division 4311,744

Employment (FTE) · division 43118,920

Median age · division 437.7 years

In NACE division 43, 9.0 companies per 100 started in the past twelve months, against 7.5 nationally; that is higher than that of 68% of the 87 NACE divisions. Comparison: as of 27-09-2026 05:30.

Key figures for NACE division 43

fiscal year 2025 · median over 38,146 filed annual accounts

Median solvency

46.2%

higher than 58% of 79 divisions

Median equity

€79,727

lower than 72% of 79 divisions

Median net result

€12,236

lower than 61% of 79 divisions

Annual accounts in sample

38,146

Bankruptcies

past five years

Bankruptcies (5y)

1,104

Historical share

2.47%

Nationally, 1.41% of current registrations have a published bankruptcy opening in the past five years. This sector's historical share is higher than that of 83% of the 88 NACE divisions. The median bankruptcy probability in NACE division 43 is 1.1%, against 0.5% nationally, over 61,988 scored companies. Comparison: as of 27-09-2026 05:30.

Regional split

by region · 24,153 of 44,769 enterprises with a registered office on file

Flanders 17,655 · 73.1%

Wallonia 5,067 · 21.0%

Brussels 1,391 · 5.8%

Unknown 40 · 0.2%

Recent bankruptcies in this sector

Date	Company
25-09-2026	Sole trader BE 0758.867.919 · Lichtervelde
25-09-2026	Sole trader BE 0634.958.733 · Plombières
25-09-2026	PAVONCELLI VIN. BE 0819.487.771
24-09-2026	Sole trader BE 0761.590.748 · Antwerpen
24-09-2026	RICHART CONSULTING BE 0745.792.913
23-09-2026	STR-PAINTS BE 0781.859.986
23-09-2026	La Boîte à Pinceaux BE 0786.770.463
22-09-2026	SLIM & FILS BE 0503.810.377

Geographic distribution

by province · based on the establishment address

West Flanders WVL 3,981

East Flanders OVL 3,912

Antwerp ANT 4,463

Flemish Brabant VLB 2,588

Limburg LIM 2,711

Brussels BRU 1,391

Hainaut HAI 1,432

Walloon Brabant WBR 715

Namur NAM 858

Liège LIE 1,680

Luxembourg LUX 382

fewer moremax 4,463

Public money in this sector

per register · legal entities with an enterprise number

Flemish subsidies €136.4m awarded 11,307 recipients · 2022 to 2025 · largest: Dienstencheques
Federal transfers 16.4m amount as published 16 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 433 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 433 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.