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General electrical installation work

NACE 43211
Enterprises23,177
Bankruptcies (5y)487
Failure rate2.10%

Nationally 1.50% of enterprises go bankrupt within five years; this failure rate 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 56,773 scored companies.

Key figures for NACE division 43

fiscal year 2026 · median over 158 filed annual accounts
Median solvency
52.5%
higher than 85% of 79 divisions
Median equity
€76k
lower than 77% of 79 divisions
Median net result
€12k
lower than 67% of 79 divisions
Annual accounts in sample
158

Regional split

by region · 13,453 of 23,177 enterprises with a registered office on file
Vlaanderen 9,696 · 72.1%
Wallonië 2,904 · 21.6%
Brussel 837 · 6.2%
Unknown 16 · 0.1%

Recent bankruptcies in this sector

8
Date Company
02-09-2026 Elektriciteitswerken Verbiest
BE 0786.278.832
02-09-2026 EGS Antwerpen
BE 0805.529.669
31-08-2026 MT RENOV & services
BE 1005.201.201
25-08-2026 ELECTRICITE GENERALE CONCEPT
BE 0731.636.752
24-08-2026 Grimech, M'Hamed
BE 0795.220.153
19-08-2026 INDURATECH
BE 0804.369.629
12-08-2026 TECELEC
BE 1003.625.346
04-08-2026 Asrihi, Mohamed
BE 0720.836.197

Geographic distribution

by province · based on the establishment address
fewer moremax 2,346
How these figures are counted

Enterprises are counted by their primary NACE; establishment units are not counted. Counted in the KBO's NACE 2025 nomenclature, the one in which code 43211 exists.

Bankruptcies and the failure rate are attributed by each company's current primary NACE, not the NACE at the time of bankruptcy (which the gazette does not record).

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.