Financials
Financial year 2025
GHENT DREDGING from Nazareth-De Pinte, company number BE0415953915, closed financial year 2025 with a result of € 6.6 million after tax. For that financial year GHENT DREDGING recorded revenue of € 38.6 million and equity of € 15.1 million. Compared with financial year 2024, the result moved from € 3.9 million to € 6.6 million. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 1, 2026.
€ 15.1 million
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6.6 million
▲ 71% vs 2024
Profit after tax over the fiscal year.
€ 5.3 million
▼ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 10 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
44.8
▼ 1.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.4 million
€ 97,500 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.
€ 784,981
▲ 52% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 6.6 million
▼ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 100 days on average.
€ 1.1 million
▲ 85% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 33,989,025 | € 32,213,720 | € 32,241,936 | € 38,561,692 | ▲ 20% |
| Profit after taxes | € 2,710,703 | € 3,802,463 | € 3,865,172 | € 6,619,161 | ▲ 71% |
| Equity | € 15,015,212 | € 17,617,675 | € 18,482,847 | € 15,102,008 | ▼ 18% |
| Total debts | € 12,513,090 | € 13,374,696 | € 11,313,210 | € 18,315,154 | ▲ 62% |
| Cash | € 7,171,076 | € 3,684,097 | € 5,434,911 | € 5,288,807 | ▼ 3% |
| Land & buildings | € 1,075,987 | € 1,075,987 | € 1,075,987 | € 1,075,987 | |
| Retained profit | € 12,911,985 | € 15,514,447 | € 16,379,620 | € 12,998,781 | ▼ 21% |
| Dividend | € 1,200,000 | € 1,200,000 | € 3,000,000 | € 10,000,000 | ▲ 233% |
| Bank debt | € 33,771 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 31,235,803 | € 32,013,750 | € 31,191,321 | € 35,090,953 | ▲ 13% |
| Employees (FTE) | 45.8 | 45.3 | 45.9 | 44.8 | ▼ 1.1 |
Key figures of GHENT DREDGING, 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 GHENT DREDGING?
What happened at GHENT DREDGING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Willem de Schipper stepped down as director. NBB
- Stella BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 6.6 million (▲ 71% vs 2024). Source: NBB ↗
- Willem de Schipper became a director. NBB
- Stella BV became a director. NBB
- New establishment in Gent. KBO
- New establishment in Gent. KBO
- New establishment in Nazareth-De Pinte. KBO
In short
From € 2.7 million profit in 2022 to € 6.6 million profit in 2025.
Paid € 5.7 million in corporate taxes since 2022.
Best year ever: 2025, with € 6.6 million profit.
Paid out € 15.4 million in dividends to the owners in total.
Management
The stake of NAUTA comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GHENT DREDGINGThe shares are held by NAUTA (68.8%). It owns 90% of DECO Subsea and 33.3% of De Groene Bocht itself.
Directors
According to the 2025 annual accounts
since 2024 · until 2028
Director · represented by Peter Caset
Also active at: V.B.I., Theo Coertjens International, ANNA PAULOWNA, Robur Capital, STACHEL, Steenoven Development Fund, Oengerengoeste, 4 Makers +16 more
since 2024 · until 2028
Shareholders
68.8%
Participations
90%
33.3%
Establishments
Establishment units
Physical locations of this company
Steenweg 250
9810 Nazareth-De Pinte
Nieuwescheldestraat 2
9052 Gent
Active since 1 January 1994
Pleitstraat 10
9042 Gent
Active since 1 June 2008
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →TM Ghent Dredging - De Roeck
THV GHENT DREDGING - AERTSSEN
Tijdelijke Maatschap Ghent Dredging - Willemen Infra
TM Ghent Dredging - Soetaert
TM Ghent Dredging – Welvaert
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Details
- Company number
- 0415.953.915
- VAT number
- BE 0415.953.915
- Registered office
- Steenweg 250, 9810 Nazareth-De Pinte
- Names & denominations
- GHENT DREDGING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 January 1973
- Peppol
- Active · Active since 1 Jan 2001
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