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Wallpapering and laying of floor and wall coverings in other materials

Current registrations 894division 43: 129,054
Starters, 12 months 576.4 per 100 · Belgium 8.9
Bankruptcies, 12 months 33.4 per 1,000 registrations · Belgium 6.2
Employment (FTE) 64550 employers · latest accounts
Median age 13.8 yearsBelgium 8.1 years
E-invoicing via Peppol 93.6%837 of 894 companies in the Peppol Directory · Belgium 85.0%

Filed accounts

NACE 43333 · financial year 2025 · 378 filed annual accounts
Median solvency
48.4%
division 45.2% · Belgium 46.1%
Median net result
€11,324
division €13,172 · Belgium €16,520
Median equity
€91,675
division €82,140 · Belgium €98,421
Loss-making
27.5%
division 22.3% · Belgium 26.7%
Negative equity
9.3%
division 7.8% · Belgium 12.4%
Median return on equity
14.1%
division 15.5% · Belgium 15.9%
Median liquidity
1.82
division 1.76 · Belgium 1.66
Filed late
47.2%
financial year 2024, 381 filings · division 42.6% · Belgium 38.4%
Missing or 90 days late
5.8%
of 413 companies with annual accounts · division 6.0% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 43.5%46.9%47.1%48.3%47.3%48.4%
Median net result €8,455€9,544€11,723€7,518€8,028€11,324

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

Bankruptcies

Bankruptcies, 5 years, still registered
18
2.01% of the registrations · Belgium 1.68%
Running bankruptcies
20
22.4 per 1,000 registrations

Recent bankruptcies

Date Company
12-08-2026 ENTREPRISE DULLENS
BE 0463.861.819
29-05-2026 WOONINRICHTING TAPIGRO
BE 0414.303.727
09-02-2026 BURIGAT
BE 0675.834.335
29-10-2025 RSWT Décoration
BE 0733.993.555
10-10-2025 RICOPOL
BE 0842.497.953
17-09-2025 Werner Wilmot Schilderwerken
BE 0541.594.253
03-06-2025 HAUTE COULEUR
BE 0884.546.067
28-04-2025 BUREAU D'ETUDES CLUENTIUS
BE 0437.861.562

Every bankruptcy in division 43, last 90 days

Spread across the country

by region and province · 495 of 894 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 305 · 61.6%
  • Wallonia 136 · 27.5%
  • Brussels 38 · 7.7%
  • Abroad 16 · 3.2%
fewer moremax 90

Largest employers

NACE 43333 as first main activity · staff from the latest accounts
  1. 1 SIPRESMons 114 FTEfinancial year 2025
  2. 2 MEULEMAN & COKortrijk 50.2 FTEfinancial year 2025
  3. 3 SCHELLAERTAalst 37.7 FTEfinancial year 2025
  4. 4 VERGALLE DECORAalst 36.3 FTEfinancial year 2025
  5. 5 SCHEVENELS PROJECT INTERIEURSHeusden-Zolder 33.9 FTEfinancial year 2025

Joint committees

from the latest accounts of 122 companies
  • 124 Construction 102
  • 200 Auxiliary committee for white-collar workers 50
  • 201 Independent retail 13
  • 126 Furnishing and woodworking 6
  • 109 Clothing and garment industry 5
  • 100 Auxiliary committee for blue-collar workers 4
  • 116 Chemical industry 2
  • 207 White-collar workers in the chemical industry 2
Show the 3 others
  • 215 White-collar workers in the clothing and garment industry 2
  • 140 Transport and logistics 1
  • 327.03 Sheltered and social workshops 1

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

Division 43: Specialised construction

Related activities

8 other activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Joinery installation43320 19,818 1,339 153 15,344
Painting of buildings43341 7,805 691 71 2,911
Other building finishing work43350 7,270 975 85 3,238
Plastering work43310 3,971 380 43 1,086
Floor and wall tiling43331 3,901 328 58 926
Laying of wooden floor and wall coverings43332 735 38 9 360
Show all 8 activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Specialised construction activities43343 487 24 5 966
Specialised construction activities43342 152 13 1 593

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

6,826 employers
Median
€61,500
Belgium €61,400
Middle half
€52,500 to €69,800
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 €59,800 €50,700 to €68,200 4,513
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

Running bankruptcies in the sector

NACE division 43
Number
2,774
Half have run longer than
22 months
Belgium: 20 months
Longer than three years
31%
Belgium: 31%

Measured nationally: Of 108,562 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 6 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 67,044 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 101,557 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)
  • Federal transfers 15.2m amount as published 17 recipients · 2023 to 2025 · largest: Samenwerkingsakkoord Beliris - Kapitaaloverdracht overheidsbedrijven.
  • 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

Insights on Wallpapering and laying of floor and wall coverings in other materials

Balance sheet and result. The median net result of €11,324 is below Belgium's €16,520. 9.3% of the annual accounts show negative equity, against 12.4% in Belgium. Return on equity of 14.1% is below Belgium's 15.9%.

Bankruptcies. The median bankruptcy probability of 0.6% is above Belgium's 0.2%.

Inflow and structure. Half of the companies are younger than 13.8 years, against 8.1 years in Belgium. In 12 months, 6.4 of 100 companies started, against 8.9 in Belgium. That is fewer than in 59% of the 87 NACE divisions. Wallonia holds 28.4% of the seats, against 22.7% in Belgium.

Staff and filing. 47.2% of the financial year 2024 accounts were filed late, against 38.4% in Belgium. The 5 largest employers hold 272 of the 645 FTE: 42.2%.

Direction. Median solvency rose from 43.5% in financial year 2020 to 48.4% in financial year 2025. The median net result rose from €8,455 in financial year 2020 to €11,324 in financial year 2025.

The comparison with Belgium as a whole and with the other divisions is as of 06-11-2026 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 43333 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 1,276,581 companies with a main activity, because only those belong to a division. The other 698,987 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.