Sector · NACE 41

Construction of residential and non-residential buildings

18,944 Belgian companies whose main activity falls under NACE code 41 have filed annual accounts. Their median solvency is 39.5% for financial year 2024.

Companies18,944
Median solvency39.5%
Median equity67,662 €
Median headcount (FTE)2.1
Founded in the last 3 years2,187

Sector medians

Computed by Idonis

Distribution across the sector's companies for financial year 2024: a quarter of companies sit below the 1st quartile, half below the median, three quarters below the 3rd quartile.

Indicator1st quartileMedian3rd quartileCompanies
Solvency 17.4%39.5%63.9% 16,051
Current ratio 1.001.512.63 15,860
ROE 1.3%14.6%42.5% 14,272
Equity 18,600 €67,662 €211,490 € 16,154
Total assets 75,649 €204,982 €635,635 € 16,112
Net result −1,010 €9,824 €36,177 € 16,132
Headcount (avg FTE) 1.02.16.0 5,435

Medians computed by Idonis from annual accounts filed with the National Bank, all sizes combined. The same panel is the sector benchmark on every company page. Method

Largest companies: Construction of residential and non-residential buildings

Ranked by total assets in the latest filed accounts. This is a size criterion, not an assessment.

#Company Total assetsRevenue EquityFTEYear
1 N.V. Besix S.A. 1200 Woluwe-Saint-Lambert €1.04bn €1.15bn €258.7m 808.8 2025
2 Société de Développement pour la Région de Bruxelles-Capitale 1000 Brussels €663.7m €34.1m €602.0m 146.5 2025
3 Dimensa Woonmaatschappij 9000 Ghent €633.5m — €183.6m — 2025
4 Compagnie d'Entreprises CFE 1160 Auderghem €417.5m €2.56m €135.6m 54.2 2025
5 Woonsprong 8400 Ostend €382.0m €25.3m €68.3m 101.6 2025
6 Woonmaatschappij Vlaamse Ardennen 9700 Oudenaarde €350.9m €18.3m €56.7m 37.7 2025
7 Vastgoedgroep Degroote 8400 Ostend €306.9m €4.87m €304.2m 2.9 2025
8 Cordeel Belgium 3730 Bilzen-Hoeselt €269.2m €324.9m €61.2m 349.4 2025
9 Woonmaatschappij Meetjesland 9900 Eeklo €256.0m €16.9m €72.0m 43.8 2025
10 Willy Naessens Industriebouw 9790 Wortegem-Petegem €228.9m €334.3m €83.3m 394.0 2025
11 Providentia 1730 Asse €228.3m €20.8m €29.0m 39.1 2025
12 Stadsbader Contractors 1120 Brussels €224.4m €393.6m €56.0m 452.2 2025
13 Thomas & Piron Home 6852 Paliseul €211.1m €211.1m €122.3m 916.5 2025
14 Hortus Conclusus 9308 Aalst €208.2m — 61,500 € — 2025
15 Entreprises générales Louis Duchene 4577 Modave €192.9m €240.0m €18.8m 465.1 2025
16 CIT Blaton 1030 Schaerbeek €186.9m €303.0m €61.3m 334.9 2025
17 EdgeConneX Brussels B.V. €179.1m €16.6m −€36.5m 1.0 2025
18 DCA 2250 Olen €175.8m €75.0m €15.6m 229.0 2024
19 Willemen Groep 2800 Mechelen €170.0m €4.09m €33.4m 6.9 2025
20 Woonpunt Zennevallei 1500 Halle €162.9m €15.3m €47.3m 37.3 2025

“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.

Where are they based?

  • Flemish Brabant3,814
  • Antwerp2,916
  • East Flanders2,620
  • West Flanders1,973
  • Brussels-Capital1,657
  • Hainaut1,500
  • Limburg1,490
  • Liège1,363
  • Namur637
  • Walloon Brabant637
  • Luxembourg328

Municipalities with the most

Construction of residential and non-residential buildings: rankings by region and province

The largest companies in the sector in each region and province, by municipality of the registered office. A ranking is published once 10 companies in the sector publish the figure there.

AreaTotal assetsRevenueHeadcount
Flanders LargestRevenueEmployers
Wallonia LargestRevenueEmployers
Brussels LargestRevenueEmployers
Antwerp province LargestRevenueEmployers
Flemish Brabant LargestRevenueEmployers
Limburg LargestRevenueEmployers
East Flanders LargestRevenueEmployers
West Flanders LargestRevenueEmployers
Walloon Brabant LargestRevenueEmployers
Hainaut LargestRevenueEmployers
Liège province LargestRevenueEmployers
Luxembourg province LargestRevenueEmployers
Namur province LargestRevenueEmployers

Sub-sectors

Frequently asked questions

How many Construction of residential and non-residential buildings companies are there in Belgium?

18,944 Belgian companies whose main activity falls under NACE code 41 (Construction of residential and non-residential buildings) have filed annual accounts with the National Bank.

What is the median solvency in Construction of residential and non-residential buildings?

For financial year 2024, median solvency (equity over total assets) is 39.5%. The middle half of companies lies between 17.4% and 63.9% (16,051 companies).

What is the largest company in Construction of residential and non-residential buildings?

By total assets, it is N.V. Besix S.A. (€1.04bn, financial year 2025).

Where are Construction of residential and non-residential buildings companies based?

The municipalities with the most: Sint-Pieters-Leeuw (324), Drogenbos (207), Ghent (193).

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Active companies (legal entities) that have filed at least one set of annual accounts, based on the Crossroads Bank for Enterprises and the National Bank of Belgium. The sector is the main activity in the register; the municipality is that of the registered office. Data updated on 12 Nov 2026.