Specialised construction activities
Filed accounts of the division
NACE division 43 · financial year 2025 · 51,751 filed annual accountsStaff cost per FTE in NACE division 43
6,833 employers| Size | Median | Middle half | Employers |
|---|---|---|---|
| fewer than 10 FTE | €59,700 | €50,600 to €68,100 | 4,520 |
| 10 to 49 FTE | €63,900 | €55,800 to €71,400 | 2,080 |
| 50 to 249 FTE | €70,100 | €61,100 to €77,700 | 204 |
| 250 FTE or more | €77,000 | €70,500 to €82,400 | 29 |
Employers with the highest staff cost per FTE in this division All sectors by staff cost In the Analysis workbench
Bankruptcies
Recent bankruptcies
| Date | Company |
|---|---|
| 30-10-2026 | BVBA DAMI
BE 0683.982.137 |
| 16-10-2026 | CAROPLAK
BE 0825.335.485 |
| 15-10-2026 | G. POPELIER
BE 0842.215.564 |
| 09-10-2026 | Mutlu, Ilkay
BE 0597.540.388 · sole trader · Fléron |
| 07-10-2026 | AY 70
BE 1002.533.503 |
| 06-10-2026 | MASTERS@WORK
BE 0891.828.490 |
| 30-09-2026 | Pleisterwerken Kevin Awouters
BE 0779.813.286 |
| 28-09-2026 | STUKADOORBEDRIJF PERPET
BE 0879.382.105 |
Running bankruptcies in the sector
NACE division 43Measured nationally: Of 108,424 bankruptcies of legal entities across Belgium, 49% were closed within five years for insufficient assets and 28% after liquidation, 3% were withdrawn. After five years, 20% were still open. Half had ended after 26 months (a quarter after 15, three quarters after 51 months).
This counts companies with this main activity in the register on 3 November 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.
Spread across the country
by region and province · 2,278 of 3,970 enterprises with a registered office on file- Flanders
- Wallonia
- Brussels
- Unknown
This sector's balance sheets on the map, by municipality and down to the address
Largest employers
NACE division 43 · staff from the latest accounts- 1 SPIE BELGIUMAnderlecht 1,375 FTEfinancial year 2025
- 2 Altrad ServicesBeveren-Kruibeke-Zwijndrecht 1,099 FTEfinancial year 2025
- 3 DenysGhent 969 FTEfinancial year 2025
- 4 RENOTECGeel 845 FTEfinancial year 2025
- 5 JACOPSDeerlijk 647 FTEfinancial year 2025
52 of the 67,048 companies in NACE division 43 have a parent company abroad. Main parent countries: Netherlands (18), France (9) and Germany (8). Together they employ 3,749 of the division's 101,575 FTE: 3.7%, against 15% for Belgium as a whole.
Subsidies in this sector
per register · legal entities with an enterprise number- Flemish subsidies €133.3m awarded
- Federal transfers 24.0m amount as published
- Wallonia-Brussels Federation €933,621 paid
- EU budget €97.9m attributed share
- EU research €10.3m eu contribution
Insights on Specialised construction activities
The number of starters per 100 companies in NACE division 43 is higher than that of 66% of the 87 NACE divisions with this figure.
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% for Belgium as a whole. It is computed over 61,786 scored companies.
The comparison with Belgium as a whole and with the other divisions is as of 03-11-2026 05:30.
Method and sources
Every company registered today counts under its main activities in the KBO. Establishment units do not count. The count follows the NACE 2025 classification, the version in which code 4331 exists.
The historical share is the share of current registrations for which a bankruptcy opening was published in the past five years. A company with more than one main activity counts in each of those sectors. The historical share is not a future bankruptcy probability.
The comparison with Belgium as a whole and with the other NACE divisions rests on an overview of every division, counted again each night. Each division is counted in the version of the NACE classification in which it exists. A standing such as "higher than 80%" compares with the other divisions that have the figure. A division's bankruptcy probability is the median over its companies with a score. Their number is given with the figure.
The filed-accounts figures cover the whole NACE division 43, not only NACE 4331. There are too few filed annual accounts per five-digit code to compute them separately. Each median is the value of the middle company, computed over the division's annual accounts of financial year 2025, and is shown only from 30 accounts. A share (loss-making, negative equity) counts that year's accounts with that trait.