What does Jan De Nul do?

Jan De Nul is a civil engineering contractor in Aalst. Public Limited, started on 10 December 1938, 1 establishment.

What is the address of Jan De Nul?

The registered office of Jan De Nul is located at Tragel 60, 9308 Aalst.

Is Jan De Nul still active?

Yes. According to the CBE (29 October 2026) Jan De Nul is active, legal situation “Normale toestand”, started on 10 December 1938.

Is Jan De Nul registered on Peppol?

Yes, Jan De Nul is registered on the Peppol network with ID 0208:0406041406.

What is the enterprise number of Jan De Nul?

The enterprise number of Jan De Nul is BE0406041406.

When was Jan De Nul founded?

Jan De Nul was founded on 10 December 1938.

Who are the directors of Jan De Nul?

According to the 2025 annual accounts, the directors of Jan De Nul are: JKN Consult BV, Paul LIEVENS, Julie De NUL, J.P.J. DE NUL, DDN BV, JDN BV.

Is Jan De Nul a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 10 December 1938; 5 annual accounts filed, latest fiscal year 2025; 6 directors known from the annual account.

How much profit did Jan De Nul make in 2025?

Jan De Nul posted a profit after taxes of € 11,453,377 in financial year 2025.

What is the revenue of Jan De Nul?

In its most recent annual accounts (2025), Jan De Nul reported revenue of € 1,731,296,563.

How much does an employee at Jan De Nul earn?

The average wage cost per full-time employee at Jan De Nul was € 149,500 in 2025: staff costs of € 275.2 million for 1,840.7 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Jan De Nul have?

According to the 2025 annual accounts, Jan De Nul has 1,840.7 full-time equivalents (FTE).

Jan De Nul (Public Limited) - Aalst - BE0406041406

Dossier Jan De Nul, printed on 29 October 2026 from databakkes.be/en/0406041406/jan-de-nul. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Busy address KBO

103 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

Jan De Nul from Aalst, company number BE0406041406, closed financial year 2025 with a result of € 11.5 million after tax. For that financial year Jan De Nul recorded revenue of € 1.7 billion and equity of € 1.4 billion. Compared with financial year 2024, the result moved from € 38.2 million to € 11.5 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.

What it is worth Growing

€ 1.4 billion

▲ 1% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 11.5 million

▼ 70% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 163.5 million

▲ 4% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 1.4 billion.

People and assets in 2025

Full-time equivalents

1,840.7

▲ 173.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 708.5 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 275.2 million

▲ 12% vs 2024

€ 149,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 28.6 million

▲ 22% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 16,941

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 546.8 million

▲ 10% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 123 days on average.

Taxes and wages

€ 71.6 million

▲ 19% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 1,441,098,307 Revenue 2022: € 1,441,098,307 First fiscal year in the series	€ 1,291,341,288 Revenue 2023: € 1,291,341,288 ▼ 10% vs 2022 (€ 1,441,098,307) Unfavourable step	€ 1,679,954,217 Revenue 2024: € 1,679,954,217 ▲ 30% vs 2023 (€ 1,291,341,288) Favourable step	€ 1,731,296,563 Revenue 2025: € 1,731,296,563 ▲ 3% vs 2024 (€ 1,679,954,217) Favourable step	▲ 3%
Profit after taxes	€ 16,542,320 Profit after taxes 2022: € 16,542,320 First fiscal year in the series	€ -12,028,893 Profit after taxes 2023: € -12,028,893 ▼ € 28.6 million vs 2022 (€ 16,542,320) Unfavourable step	€ 38,224,259 Profit after taxes 2024: € 38,224,259 ▲ € 50.3 million vs 2023 (€ -12,028,893) Favourable step	€ 11,453,377 Profit after taxes 2025: € 11,453,377 ▼ 70% vs 2024 (€ 38,224,259) Unfavourable step	▼ 70%
Equity	€ 1,379,548,886 Equity 2022: € 1,379,548,886 First fiscal year in the series	€ 1,367,519,994 Equity 2023: € 1,367,519,994 ▼ 1% vs 2022 (€ 1,379,548,886) Unfavourable step	€ 1,405,744,252 Equity 2024: € 1,405,744,252 ▲ 3% vs 2023 (€ 1,367,519,994) Favourable step	€ 1,418,180,884 Equity 2025: € 1,418,180,884 ▲ 1% vs 2024 (€ 1,405,744,252) Favourable step	▲ 1%
Total debts	€ 636,200,841 Total debts 2022: € 636,200,841 First fiscal year in the series	€ 835,970,621 Total debts 2023: € 835,970,621 ▲ 31% vs 2022 (€ 636,200,841) Unfavourable step	€ 816,661,992 Total debts 2024: € 816,661,992 ▼ 2% vs 2023 (€ 835,970,621) Favourable step	€ 1,104,386,556 Total debts 2025: € 1,104,386,556 ▲ 35% vs 2024 (€ 816,661,992) Unfavourable step	▲ 35%
Cash	€ 68,045,460 Cash 2022: € 68,045,460 First fiscal year in the series	€ 172,196,779 Cash 2023: € 172,196,779 ▲ 153% vs 2022 (€ 68,045,460) Favourable step	€ 157,804,717 Cash 2024: € 157,804,717 ▼ 8% vs 2023 (€ 172,196,779) Unfavourable step	€ 163,461,549 Cash 2025: € 163,461,549 ▲ 4% vs 2024 (€ 157,804,717) Favourable step	▲ 4%
Land & buildings	€ 44,029,782 Land & buildings 2022: € 44,029,782 First fiscal year in the series	€ 42,042,844 Land & buildings 2023: € 42,042,844 ▼ 5% vs 2022 (€ 44,029,782) Unchanged	€ 39,459,808 Land & buildings 2024: € 39,459,808 ▼ 6% vs 2023 (€ 42,042,844) Unchanged	€ 37,967,898 Land & buildings 2025: € 37,967,898 ▼ 4% vs 2024 (€ 39,459,808) Unchanged	▼ 4%
Retained profit	€ 1,328,273,873 Retained profit 2022: € 1,328,273,873 First fiscal year in the series	€ 1,316,244,981 Retained profit 2023: € 1,316,244,981 ▼ 1% vs 2022 (€ 1,328,273,873) Unfavourable step	€ 1,354,469,239 Retained profit 2024: € 1,354,469,239 ▲ 3% vs 2023 (€ 1,316,244,981) Favourable step	€ 1,365,922,616 Retained profit 2025: € 1,365,922,616 ▲ 1% vs 2024 (€ 1,354,469,239) Favourable step	▲ 1%
Bank debt	€ 0 Bank debt 2022: € 0 First fiscal year in the series	€ 0 Bank debt 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Bank debt 2024: € 0 Unchanged (€ 0) Unchanged	€ 16,941 Bank debt 2025: € 16,941 Unchanged (€ 0) Unfavourable step
Balance sheet total	€ 2,025,841,049 Balance sheet total 2022: € 2,025,841,049 First fiscal year in the series	€ 2,256,389,585 Balance sheet total 2023: € 2,256,389,585 ▲ 11% vs 2022 (€ 2,025,841,049) Unchanged	€ 2,345,681,484 Balance sheet total 2024: € 2,345,681,484 ▲ 4% vs 2023 (€ 2,256,389,585) Unchanged	€ 2,656,904,266 Balance sheet total 2025: € 2,656,904,266 ▲ 13% vs 2024 (€ 2,345,681,484) Unchanged	▲ 13%
Employees (FTE)	1,407.4 Employees (FTE) 2022: 1,407.4 First fiscal year in the series	1,540.4 Employees (FTE) 2023: 1,540.4 ▲ 133 vs 2022 (1,407.4) Unchanged	1,667.4 Employees (FTE) 2024: 1,667.4 ▲ 127 vs 2023 (1,540.4) Unchanged	1,840.7 Employees (FTE) 2025: 1,840.7 ▲ 173.3 vs 2024 (1,667.4) Unchanged	▲ 173.3

Key figures of Jan De Nul, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to Jan De Nul?

What happened at Jan De Nul in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2030 JKN Consult BV stepped down as director. NBB
2030 Paul LIEVENS stepped down as director. NBB
2030 J.P.J. DE NUL stepped down as director. NBB
2030 JDN BV stepped down as director. NBB
2028 DDN BV stepped down as director. NBB
Jun 30, 2026 New annual accounts for financial year 2025: profit of € 11.5 million (▼ 70% vs 2024). Source: NBB ↗
2026 Julie De NUL stepped down as director. NBB
2026 JDN BV became a director. NBB

In short

From € 16.5 million profit in 2022 to € 11.5 million profit in 2025.

Paid € 73 million in corporate taxes since 2022.

Best year ever: 2024, with € 38.2 million profit.

Pays suppliers within 123 days on average.

Original PDFs at the National Bank ↗

Management

Jan De Nul

AIRCOPLUS 100%

JAN DE NUL BENIN SA 100%

JDN DENIZCILIK VE ALTYAPI HIZMETLERI AS 100%

SCK INVEST 100%

+40

It owns 100% of AIRCOPLUS, 100% of JAN DE NUL BENIN SA, 100% of JDN DENIZCILIK VE ALTYAPI HIZMETLERI AS, 100% of SCK INVEST, 100% of JAN DE NUL PHILIPPINES INC. and 100% of JAN DE NUL SAUDI ARABIA CO. LTD itself.

Directors

According to the 2025 annual accounts

JKN Consult BV

Director · represented by Jan Neckebroeck

Also active at: DOCK-SITE, Algemene Ondernemingen Soetaert, Jan De Nul Dredging, MEST EN AFVALVERWERKING, Envisan, Vlaamse Bagger Maatschappij, AIRCOPLUS, SCK INVEST +1 more

since 2025 · until 2030

Paul LIEVENS

Director

Also active at: Lummerzheim & Co, Jan De Nul Dredging, MEST EN AFVALVERWERKING, Envisan, Vlaamse Bagger Maatschappij, SCK INVEST, PSR, Meurop 2020 +13 more

since 2024 · until 2030

Julie De NUL

Managing director

Also active at: DOCK-SITE, Lummerzheim & Co, LAMBRECHTS, Algemene Ondernemingen Soetaert, Jan De Nul Dredging, MEST EN AFVALVERWERKING, Envisan, Vlaamse Bagger Maatschappij +18 more

since 2024 · until 2026

J.P.J. DE NUL

Chairman of the board

Also active at: Jan De Nul Dredging, Maritime & Construction Management, Lakosa, Full Throttle

since 2024 · until 2030

DDN BV

Director · represented by Dirk De Nul

Also active at: Algemene Ondernemingen Soetaert, Jan De Nul Dredging, Vlaamse Bagger Maatschappij, Lakosa, Full Throttle

since 2025 · until 2028

JDN BV

Managing director · represented by Julie De Nul

Also active at: DOCK-SITE, Lummerzheim & Co, LAMBRECHTS, Algemene Ondernemingen Soetaert, Jan De Nul Dredging, Envisan, Vlaamse Bagger Maatschappij, AIRCOPLUS +17 more

since 2026 · until 2030

Establishments

Establishment units

Physical locations of this company

Registered office

Tragel 60

9308 Aalst

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 103 companies are registered at this address.

All companies at this address →

DOCK-SITE same network

€ 1.5 million gross margin · 2025

Lummerzheim & Co same network

€ 4.5 million gross margin · 2025

LAMBRECHTS same network

€ -5,255 gross margin · 2025

Jan De Nul Dredging same network

€ 70.4 million revenue · 2025

Envisan same network

€ 108.5 million revenue · 2025

+98 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0406.041.406

VAT number

BE 0406.041.406

Registered office

Tragel 60, 9308 Aalst

Names & denominations

Jan De Nul

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

10 December 1938

Peppol

Active · Active since 4 Jun 2026

Activities · NACE

Waterbouw, muv baggerwerken

Baggerwerken

Bouw van autowegen en andere wegen, vliegvelden en sportfaciliteiten

Overige werkzaamheden in verband met de afwerking van gebouwen

Bouw van autowegen en andere wegen

View on CBE Public ↗ Annual accounts (NBB) ↗

Jan De Nul

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Financials

What happened to Jan De Nul?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions