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Specialised construction activities

Current registrations 5,486division 43: 129,038
Starters, 12 months 4237.7 per 100 · Belgium 8.9
Bankruptcies, 12 months 7012.8 per 1,000 registrations · Belgium 6.2
Employment (FTE) 1,930260 employers · latest accounts
Median age 9.7 yearsBelgium 8.1 years
E-invoicing via Peppol 92.3%5,061 of 5,486 companies in the Peppol Directory · Belgium 85.0%

Activities

NACE 4333 · 3 activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Floor and wall tiling43331 3,900 328 58 926
Wallpapering and laying of floor and wall coverings in other materials43333 894 57 3 644
Laying of wooden floor and wall coverings43332 735 38 9 360

Filed accounts

NACE 4333 · financial year 2025 · 2,364 filed annual accounts
Median solvency
46.8%
division 45.2% · Belgium 46.1%
Median net result
€9,456
division €13,164 · Belgium €16,497
Median equity
€73,630
division €82,095 · Belgium €98,338
Loss-making
25.7%
division 22.3% · Belgium 26.7%
Negative equity
8.3%
division 7.8% · Belgium 12.4%
Median return on equity
12.9%
division 15.5% · Belgium 15.9%
Median liquidity
1.82
division 1.76 · Belgium 1.66
Filed late
41.6%
financial year 2024, 2,377 filings · division 42.6% · Belgium 38.4%
Missing or 90 days late
5.7%
of 2,627 companies with annual accounts · division 6.0% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 42.3%44.0%44.8%46.0%46.1%46.8%
Median net result €10,376€12,800€10,901€8,906€8,321€9,456

Hold your customer's or competitor's figures against them in the Sector benchmark

Bankruptcies

Bankruptcies, 5 years, still registered
194
3.54% of the registrations · Belgium 1.68%
Running bankruptcies
213
38.8 per 1,000 registrations

Recent bankruptcies

Date Company
06-11-2026 Oprea, Gigel
BE 0764.967.239 · sole trader · Ichtegem
05-11-2026 EUROPARKET BENELUX
BE 0893.459.773
29-10-2026 Demeulenaere, Patrick
BE 0631.401.803 · sole trader · Antwerp
28-10-2026 Jansen Cleanrooms & Labs
BE 0463.984.850
28-10-2026 Rumiński, Mariusz
BE 1000.088.905 · sole trader · Herzele
23-10-2026 Giannini, Yves
BE 0724.237.830 · sole trader · Messancy
16-10-2026 IDEAL CONSTRUCTION
BE 0773.728.418
14-10-2026 M-TILE
BE 0800.509.623

Every bankruptcy in division 43, last 90 days

Spread across the country

by region and province · 3,240 of 5,486 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 2,352 · 72.6%
  • Wallonia 682 · 21.0%
  • Brussels 162 · 5.0%
  • Abroad 44 · 1.4%
fewer moremax 622

Largest employers

NACE 4333 as first main activity · staff from the latest accounts
  1. 1 SIPRESMons 114 FTEfinancial year 2025
  2. 2 NORDEXArendonk 62.9 FTEfinancial year 2025
  3. 3 Jansen Cleanrooms & LabsOudsbergen 59.4 FTEfinancial year 2024
  4. 4 MEULEMAN & COKortrijk 50.2 FTEfinancial year 2025
  5. 5 SCHELLAERTAalst 37.7 FTEfinancial year 2025

Joint committees

from the latest accounts of 694 companies
  • 124 Construction 612
  • 200 Auxiliary committee for white-collar workers 298
  • 201 Independent retail 26
  • 126 Furnishing and woodworking 15
  • 100 Auxiliary committee for blue-collar workers 12
  • 109 Clothing and garment industry 6
  • 121 Cleaning 5
  • 145 Horticulture 4
Show the 12 others
  • 215 White-collar workers in the clothing and garment industry 3
  • 302 Hotels and catering 3
  • 116 Chemical industry 2
  • 149.04 Metal trade 2
  • 207 White-collar workers in the chemical industry 2
  • 106.02 Concrete industry 1
  • 125 Wood industry 1
  • 125.01 Wood industry 1
  • 136 Paper and cardboard processing 1
  • 140 Transport and logistics 1
  • 140.03 Road transport and logistics for third parties 1
  • 149 Sectors related to metal, mechanical and electrical engineering 1

Source: the annual accounts at the National Bank. One filing can name more than one committee.

Division 43: Specialised construction

Bankruptcies per year in division 43

Per year201520162017201820192020202120222023202420252026
Bankruptcies1,2381,1181,1961,2851,4069579961,3741,4961,8201,8471,294
Jobs lost2,9772,5162,6162,7092,8072,3171,9342,5412,6723,3653,3792,180

2026 through September. Every bankruptcy, also of companies that have since left the register. Source: Statbel (Directorate-General Statistics), NACE classification of 2008.

Staff cost per FTE in NACE division 43

6,827 employers
Median
€61,500
Belgium €61,400
Middle half
€52,500 to €69,800
half of the employers lie between
Place among sectors
55 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €59,800 €50,700 to €68,200 4,514
10 to 49 FTE €63,900 €55,800 to €71,500 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

Running bankruptcies in the sector

NACE division 43
Number
2,787
Half have run longer than
21 months
Belgium: 20 months
Longer than three years
31%
Belgium: 31%

Measured nationally: Of 108,621 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 9 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.

Outcome by court and division

52 of the 67,065 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 101,519 FTE: 3.7%, against 14% for Belgium as a whole.

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €112.7m awarded 11,263 recipients · 2022 to 2025 · largest: Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
  • Wallonia-Brussels Federation €933,621 paid 4 recipients · 2023 to 2025 · largest: Unnamed in the register
  • Federal transfers 15.2m amount as published 17 recipients · 2023 to 2025 · largest: Samenwerkingsakkoord Beliris - Kapitaaloverdracht overheidsbedrijven.
  • 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

Insights on Specialised construction activities

Balance sheet and result. The median net result of €9,456 is below Belgium's €16,497. 8.3% of the annual accounts show negative equity, against 12.4% in Belgium. Return on equity of 12.9% is below Belgium's 15.9%.

Bankruptcies. The median bankruptcy probability of 0.6% is above Belgium's 0.2%. In 12 months, 12.8 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is more than in 93% of the 88 NACE divisions.

Inflow and structure. Half of the companies are younger than 9.7 years, against 8.1 years in Belgium. In 12 months, 7.7 of 100 companies started, against 8.9 in Belgium. That is more than in 57% of the 87 NACE divisions. This activity holds 4.3% of the registrations of Specialised construction.

Staff and filing. The 5 largest employers hold 325 of the 1,930 FTE: 16.8%.

Direction. Median solvency rose from 42.3% in financial year 2020 to 46.8% in financial year 2025.

The comparison with Belgium as a whole and with the other divisions is as of 09-11-2026 05:30.

Method and sources

Every company registered today counts under its main activities in the KBO. Establishment units do not count. Staff counts once, under the employer's first main activity, from its latest accounts and only where it fits the staff costs. The count follows the NACE 2025 classification, the version in which code 4333 exists.

The bankruptcies over five years count only companies still registered today, because the activity of a company that left the register is not kept. So they are fewer than the bankruptcies of those years, and the figure is not a probability for the future. Over twelve months the count is nearly complete, because a bankrupt company stays registered while its bankruptcy runs. A company with more than one main activity counts in each of those sectors.

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 "more than in 80%" compares with the other divisions that have the figure. A division's bankruptcy probability is the median over its companies with a score. Belgium here counts the 1,276,461 companies with a main activity, because only those belong to a division. The other 699,442 registrations publish no activity.

Each median is the value of the middle company, computed over the 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. Accounts are late when they are filed after the statutory deadline. The direction per financial year follows the companies still registered today. Missing or 90 days late counts the companies with accounts missing today, or whose latest were filed more than 90 days after the deadline. The dossier follows the same rule.