Sector · NACE 43

Specialised construction activities

53,257 Belgian companies whose main activity falls under NACE code 43 have filed annual accounts. Their median solvency is 45.6% for financial year 2024.

Companies53,257
Median solvency45.6%
Median equity76,581 €
Median headcount (FTE)2.3
Founded in the last 3 years5,555

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 23.6%45.6%68.4% 46,836
Current ratio 1.051.673.03 46,440
ROE 2.5%15.2%37.6% 42,824
Equity 24,834 €76,581 €213,390 € 47,004
Total assets 77,675 €188,499 €497,570 € 46,957
Net result 346 €11,822 €38,715 € 46,968
Headcount (avg FTE) 1.02.35.7 16,401

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: Specialised construction activities

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

#Company Total assetsRevenue EquityFTEYear
1 Sarens 1861 Meise €791.7m €352.0m €112.6m 372.3 2025
2 Atlas International Investments 1140 Evere €527.9m — €527.9m — 2025
3 Agence Intercommunale DE Developpement Economique DES Arrondissements DE Tournai, ATH ET DES Communes Avoisinantes 7500 Tournai €235.8m €12.5m €149.6m 78.6 2025
4 EnergyVision 9051 Ghent €205.6m €151.9m €134.8m 162.7 2025
5 Aertssen Infra 2940 Stabroek €173.1m €199.1m €47.7m 337.0 2025
6 Altebra 9500 Geraardsbergen €165.2m €60.6m €34.2m 101.3 2025
7 Jacops 8540 Deerlijk €160.1m €271.1m €54.1m 647.4 2025
8 Coselog 7522 Tournai €137.1m €30.2m €30.0m 186.0 2025
9 Franki Foundations Belgium 1480 Tubize €111.4m €78.2m €41.1m 306.0 2025
10 Altrad Services 9130 Beveren-Kruibeke-Zwijndrecht €108.4m €172.0m €41.2m 1,098.5 2025
11 Imtech Belgium OU EN Francais Imtech Belgique OU EN Neerlandais Imtech Belgie 1070 Anderlecht €99.2m €192.3m €37.5m 568.2 2025
12 Murpro Group 1440 Braine-le-Château €93.1m €2.21m €90.2m 19.5 2025
13 TramContractors 1000 Brussels €90.3m €4.64m €4.35m — 2025
14 Renotec 2440 Geel €89.6m €241.0m €25.2m 844.5 2025
15 EEG 8560 Wevelgem €84.0m €158.7m €26.3m 522.5 2025
16 V.M.A. 9830 Sint-Martens-Latem €83.7m €106.8m €24.6m 324.0 2025
17 Menatam 5020 Namur €80.9m €132.1m €27.0m 299.9 2025
18 Sarens be 1861 Meise €77.3m €49.7m €8.69m 188.7 2025
19 Dufour Transports et Manutentions 7522 Tournai €77.1m €42.8m €25.1m 106.4 2025
20 Solutions 30 Belgium 2600 Antwerp €76.6m €98.8m 309,381 € 105.9 2025

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

Where are they based?

  • Antwerp9,296
  • East Flanders8,126
  • West Flanders6,881
  • Flemish Brabant6,455
  • Limburg5,409
  • Brussels-Capital4,578
  • Liège3,851
  • Hainaut3,718
  • Walloon Brabant2,063
  • Namur1,980
  • Luxembourg876

Municipalities with the most

Sub-sectors

Frequently asked questions

How many Specialised construction activities companies are there in Belgium?

53,257 Belgian companies whose main activity falls under NACE code 43 (Specialised construction activities) have filed annual accounts with the National Bank.

What is the median solvency in Specialised construction activities?

For financial year 2024, median solvency (equity over total assets) is 45.6%. The middle half of companies lies between 23.6% and 68.4% (46,836 companies).

What is the largest company in Specialised construction activities?

By total assets, it is Sarens (€791.7m, financial year 2025).

Where are Specialised construction activities companies based?

The municipalities with the most: Anderlecht (676), Genk (402), Schaerbeek (370).

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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 10 Oct 2026.