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Plumbing work

NACE 43221
Enterprises7,143
Bankruptcies (5y)169
Failure rate2.37%

Nationally 1.50% of enterprises go bankrupt within five years; this failure rate is higher than that of 82% of the 88 NACE divisions. The median bankruptcy probability in NACE division 43 is 1.1%, against 0.5% nationally, over 56,911 scored companies.

Key figures for NACE division 43

fiscal year 2025 · median over 36,819 filed annual accounts
Median solvency
46.3%
higher than 58% of 79 divisions
Median equity
€81k
lower than 71% of 79 divisions
Median net result
€12k
lower than 61% of 79 divisions
Annual accounts in sample
36,819

Regional split

by region · 4,423 of 7,143 enterprises with a registered office on file
Flanders 3,361 · 76.0%
Wallonia 755 · 17.1%
Brussels 303 · 6.9%
Unknown 4 · 0.1%

Recent bankruptcies in this sector

8
Date Company
09-09-2026 DLC Projects
BE 0682.643.834
09-09-2026 Morvan, Vincent
BE 0744.758.179
08-09-2026 SFR EXPRESS
BE 0738.602.342
31-08-2026 WORKSHIP
BE 0552.741.632
31-08-2026 Delneste, Matthias
BE 0672.511.490
19-08-2026 H.B.K - TEC
BE 0758.900.680
13-07-2026 Hamidovic, Emir
BE 0802.114.675
06-07-2026 A.V.L. SERVICE
BE 0427.903.424

Geographic distribution

by province · based on the establishment address
fewer moremax 966
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 43221 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 43221 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.