General electrical installation work

NACE 43211

Current registrations22,783

Bankruptcies (5y)473

Historical share2.08%

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 78% of the 88 NACE divisions. The median bankruptcy probability in NACE division 43 is 1.1%, against 0.5% nationally, over 61,914 scored companies.

Key figures for NACE division 43

fiscal year 2025 · median over 37,610 filed annual accounts

Median solvency

46.2%

higher than 58% of 79 divisions

Median equity

€80k

lower than 72% of 79 divisions

Median net result

€12k

lower than 61% of 79 divisions

Annual accounts in sample

37,610

Regional split

by region · 13,350 of 22,783 enterprises with a registered office on file

Flanders 9,623 · 72.1%

Wallonia 2,883 · 21.6%

Brussels 830 · 6.2%

Unknown 14 · 0.1%

Recent bankruptcies in this sector

Date	Company
23-09-2026	Instavolt BE 0774.848.569
23-09-2026	ZN GROUP BE 1001.854.602
23-09-2026	2MM PROJECT BE 0780.623.930
23-09-2026	Camli, Ibrahim BE 0783.934.402
23-09-2026	Clauwaert, Robin BE 0733.684.145
22-09-2026	ITELEC BE 0784.370.803
21-09-2026	UTILYS BE 1013.228.940
21-09-2026	V8-Technics BE 0797.902.697

Geographic distribution

by province · based on the establishment address

West Flanders WVL 2,000

East Flanders OVL 2,198

Antwerp ANT 2,329

Flemish Brabant VLB 1,613

Limburg LIM 1,483

Brussels BRU 830

Hainaut HAI 924

Walloon Brabant WBR 442

Namur NAM 471

Liège LIE 862

Luxembourg LUX 184

fewer moremax 2,329

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 43211 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 43211 on its own: there are too few filed annual accounts per five-digit code to compute them separately. Medians over NBB annual accounts, all schema types combined.