Financials
Financial year 2025
Revenue
€ 94.7 million
▼ 28% vs 2024
Profit
Caution€ -29.5 million
▼ 241% vs 2024
Debts
Low€ 58.9 million
▼ 15% vs 2024
FLANDERS DREDGING CORPORATION from Aalst, company number BE0451192431, closed financial year 2025 with a result of € -29.5 million after tax. For that financial year FLANDERS DREDGING CORPORATION recorded revenue of € 94.7 million and equity of € 79.9 million. Compared with financial year 2024, the result moved from € 21 million to € -29.5 million. The company made a loss. 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 July 15, 2026.
What happened at FLANDERS DREDGING CORPORATION?
What happened at FLANDERS DREDGING CORPORATION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 29.5 million (▼ 241% vs 2024). Source: NBB ↗
- JKN Consult BV stepped down as director. NBB
- Paul Lievens stepped down as director. NBB
- JDN BV stepped down as director. NBB
- Jan De Nul NV stepped down as director. NBB
- JDN BV became a director. NBB
- JKN Consult BV became a director. NBB
- Paul Lievens became a director. NBB
In short
From € 2 million loss in 2021 to € 29.5 million loss in 2025.
Paid € 10.5 million in corporate taxes since 2021.
Best year ever: 2024, with € 21 million profit.
Paid out € 31.5 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
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Management
It owns 41.4% of ARENAS ARGENTINAS DEL PARANA SA, 20% of D & R JDN Nigeria and 10% of CANAL DE GUAYAQUIL CGU SA itself.
Directors
According to the 2025 annual accounts
Director · represented by Jan Neckebroeck
Also active at: DOCK-SITE, Algemene Ondernemingen Soetaert, Jan De Nul +6 more
since 2025 · until 2026
since 2020 · until 2026
Managing director · represented by Julie De Nul
Also active at: DOCK-SITE, Lummerzheim & Co, LAMBRECHTS +22 more
since 2026 · until 2026
Managing director · represented by Jan Pieter Ir De Nul
Also active at: DOCK-SITE, Lummerzheim & Co, LAMBRECHTS +24 more
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Tragel 60
9308 Aalst
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 99 companies are registered 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 same network
€ 1,731.3 million revenue · 2025
Jan De Nul Dredging same network
€ 70.4 million revenue · 2025
+94 more
Details
- Company number
- 0451.192.431
- VAT number
- BE 0451.192.431
- Registered office
- Tragel 60, 9308 Aalst
- Names & denominations
- FLANDERS DREDGING CORPORATION · Vlaamse Bagger Maatschappij
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 October 1993
- Peppol
- Active · Active since 13 Jun 2025
- Activities · NACE
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