Financials
Financial year 2025
Revenue
€ 159.3 million
▲ 2% vs 2024
Profit
Growing€ 102.5 million
▲ 74% vs 2024
Debts
Low€ 113.5 million
▲ 8% vs 2024
BAGGERWERKEN DECLOEDT & ZOON from Oostende, company number BE0439043675, closed financial year 2025 with a result of € 102.5 million after tax. For that financial year BAGGERWERKEN DECLOEDT & ZOON recorded revenue of € 159.3 million and equity of € 234.6 million. Compared with financial year 2024, the result moved from € 58.8 million to € 102.5 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 May 21, 2026.
What happened at BAGGERWERKEN DECLOEDT & ZOON?
What happened at BAGGERWERKEN DECLOEDT & ZOON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- HUGO BOUVY stepped down as director. NBB
- LUC VANDENBULCKE stepped down as director. NBB
- SOFIE VERLINDEN stepped down as director. NBB
- STIJN GAYTANT stepped down as director. NBB
- ERIC TANCRE stepped down as director. NBB
- CHRISTOPHE IWENS stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 102.5 million (▲ 74% vs 2024). Source: NBB ↗
- HUGO BOUVY became a director. NBB
In short
From € 8.6 million profit in 2021 to € 102.5 million profit in 2025.
Paid € 46.6 million in corporate taxes since 2021.
Best year ever: 2025, with € 102.5 million profit.
Paid out € 210 million in dividends to the owners in total.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
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Management
The shares are held by DEME NV (100%). It owns 100% of BELLSEA LTD , 100% of LOGIMARINE NV, 95% of DREDGING INTERNATIONAL ARGENTINA SA , 74.9% of SOCIETA ITALIANA DRAGAGGI, 50% of DREDGING INTERNATIONAL UKRAINE LLC and 31.2% of DEME Luxembourg SA itself.
Directors
According to the 2025 annual accounts
HUGO BOUVY
Director
Also active at: DREDGING, ENVIRONMENTAL & MARINE ENGINEERING, DREDGING INTERNATIONAL, DEME Environmental +4 more
since 2024 · until 2030
LUC VANDENBULCKE
Chairman of the board
Also active at: DREDGING, ENVIRONMENTAL & MARINE ENGINEERING, DREDGING INTERNATIONAL, DEME Environmental +6 more
since 2024 · until 2030
SOFIE VERLINDEN
Director
Also active at: DREDGING INTERNATIONAL, DEME Environmental, DEME COORDINATION CENTER +7 more
since 2024 · until 2030
STIJN GAYTANT
Director
Also active at: DREDGING, ENVIRONMENTAL & MARINE ENGINEERING, DREDGING INTERNATIONAL, DEME Environmental +6 more
since 2024 · until 2030
ERIC TANCRE
Director
Also active at: DREDGING, ENVIRONMENTAL & MARINE ENGINEERING, DREDGING INTERNATIONAL, DEME Environmental +4 more
since 2024 · until 2030
CHRISTOPHE IWENS
Director
since 2024 · until 2030
Shareholders
100%
Participations
BELLSEA LTD
100%
100%
DREDGING INTERNATIONAL ARGENTINA SA
95%
SOCIETA ITALIANA DRAGAGGI
74.9%
DREDGING INTERNATIONAL UKRAINE LLC
50%
DEME Luxembourg SA
31.2%
DREDGING INTERNATIONAL (MALAYSIA) SDN BHD
30%
DRAGAMOZ LIMITADA
25%
DREDGING INTERNATIONAL NETHERLANDS BV
25%
NORMALUX MARITIME SA
18.8%
EARTH MOVING INTERNATIONAL NIGERIA LTD
17.2%
LOGIMARINE SA DE CV
2%
DRAGABRAS SERVICOS DE DRAGAGEM LTDA
0%
DREDGING INTERNATIONAL MEXICO SA DE CV
0%
Establishments
Establishment units
Physical locations of this company
Slijkensesteenweg 2
8400 Oostende
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
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Details
- Company number
- 0439.043.675
- VAT number
- BE 0439.043.675
- Registered office
- Slijkensesteenweg 2, 8400 Oostende
- Names & denominations
- BAGGERWERKEN DECLOEDT & ZOON
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 December 1989
- Peppol
- Active · Active since 14 Nov 2025
- Activities · NACE
Baggerwerken