Skip to content

Specialised construction activities

NACE 4339
Current registrations5,433
Starters, 12 months · division 43
12,044
Employment (FTE) · division 43
119,948
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. Comparison: as of 28-09-2026 05:30.

Key figures for NACE division 43

fiscal year 2025 · median over 38,259 filed annual accounts
Median solvency
46.2%
higher than 59% of 79 divisions
Median equity
€79,750
lower than 72% of 79 divisions
Median net result
€12,253
lower than 61% of 79 divisions
Annual accounts in sample
38,259

Foreign control in NACE division 43

67,356 registered companies

Bankruptcies

past five years
Bankruptcies (5y)
225
Historical share
4.14%

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 98% of the 88 NACE divisions. The median bankruptcy probability in NACE division 43 is 1.1%, against 0.5% nationally, over 61,969 scored companies. Comparison: as of 28-09-2026 05:30.

Bankruptcies still running

NACE division 43
Running bankruptcies
2,544
Half have run longer than
19 months
Belgium: 19 months
Longer than three years
27%
Belgium: 27%

Measured nationally: Of 47,224 bankruptcies of legal entities across Belgium, 45% were closed within five years for insufficient assets and 29% after liquidation, 4% were withdrawn; 22% were still open after five years. Half had ended after 28 months (a quarter after 16, three quarters after 55 months).

Counts companies with this main activity in the register on 28 September 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 · 2,657 of 5,433 enterprises with a registered office on file
Flanders 1,826 · 68.7%
Wallonia 465 · 17.5%
Brussels 358 · 13.5%
Unknown 8 · 0.3%

Recent bankruptcies in this sector

8
Date Company
22-09-2026 SLIM & FILS
BE 0503.810.377
21-09-2026 E-QUAL
BE 0694.947.194
21-09-2026 Sole trader
BE 0727.467.039 · Assenede
21-09-2026 Goldberg Investment Management
BE 0756.587.231
21-09-2026 BT GOMES
BE 0782.270.455
21-09-2026 Sole trader
BE 0819.224.386 · Kortrijk
14-09-2026 BKN BOUW
BE 0544.309.065
14-09-2026 BMS
BE 0731.621.213

Geographic distribution

by province · based on the establishment address
fewer moremax 499

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 2008 nomenclature, the one in which code 4339 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 4339 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.