Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
49 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
DEME Dredging from Beveren-Kruibeke-Zwijndrecht, company number BE0793485239, closed financial year 2025 with a result of € 6.9 million after tax. For that financial year DEME Dredging recorded revenue of € 608 million and equity of € 226.8 million. Compared with financial year 2024, the result moved from € 34.8 million to € 6.9 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 May 27, 2026.
€ 226.8 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 6.9 million
▼ 80% vs 2024
Profit after tax over the fiscal year.
€ 16.1 million
▲ 170% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 198.1 million.
People and assets in 2025
1,374.1
▲ 66.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 194.1 million
▲ 8% vs 2024
€ 141,200 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.
€ 107,455
▲ 37% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 94.2 million
€ 3.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 30 years.
€ 140 million
▲ 25% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 131 days on average.
€ 54.5 million
▲ 28% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Revenue | € 341,227,230 | € 561,178,180 | € 608,019,607 | ▲ 8% |
| Profit after taxes | € -3,998,206 | € 34,817,487 | € 6,889,496 | ▼ 80% |
| Equity | € 265,122,918 | € 219,940,405 | € 226,829,901 | ▲ 3% |
| Total debts | € 202,831,567 | € 185,260,637 | € 325,997,318 | ▲ 76% |
| Cash | € 13,454,404 | € 5,947,410 | € 16,074,651 | ▲ 170% |
| Land & buildings | € 18,787 | - | - | |
| Retained profit | € 236,393,423 | € 191,210,910 | € 198,100,406 | ▲ 4% |
| Dividend | € 0 | € 80,000,000 | € 0 | ▼ 100% |
| Bank debt | € 33,356,000 | € 0 | € 94,200,000 | |
| Balance sheet total | € 481,260,468 | € 424,797,439 | € 575,651,351 | ▲ 36% |
| Employees (FTE) | 622.5 | 1,307.9 | 1,374.1 | ▲ 66.2 |
Key figures of DEME Dredging, fiscal years 2023 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 DEME Dredging?
What happened at DEME Dredging 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
- CHRISTOPHER IWENS stepped down as director. NBB
- ERIC TANCRÉ stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 6.9 million (▼ 80% vs 2024). Source: NBB ↗
- STIJN GAYTANT became a director. NBB
In short
From € 4 million loss in 2023 to € 6.9 million profit in 2025.
Paid € 1.8 million in corporate taxes since 2023.
Best year ever: 2024, with € 34.8 million profit.
Paid out € 80 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by DREDGING, ENVIRONMENTAL & MARINE ENGINEERING NV (100%). It owns 100% of DEME Cyprus LTD and 100% of DEME MAJAN SPC itself.
Directors
According to the 2025 annual accounts
HUGO BOUVY
Director
Also active at: DREDGING, ENVIRONMENTAL & MARINE ENGINEERING, DREDGING INTERNATIONAL, DEME Environmental, BAGGERWERKEN DECLOEDT & ZOON, DEME CONCESSIONS, DEME InfraSea Solutions, GLOBAL SEA MINERAL RESOURCES
since 2022 · until 2028
LUC VANDENBULCKE
Director
Also active at: DREDGING, ENVIRONMENTAL & MARINE ENGINEERING, DREDGING INTERNATIONAL, DEME Environmental, BAGGERWERKEN DECLOEDT & ZOON, DEME COORDINATION CENTER, DEME CONCESSIONS, DEME InfraSea Solutions, DEME GROUP +1 more
since 2022 · until 2028
SOFIE VERLINDEN
Director
Also active at: DREDGING INTERNATIONAL, DEME Environmental, BAGGERWERKEN DECLOEDT & ZOON, DEME COORDINATION CENTER, DEME CONCESSIONS, DEME CONCESSIONS WIND, DEME InfraSea Solutions, DEME Infra +2 more
since 2022 · until 2028
STIJN GAYTANT
Director
Also active at: DREDGING, ENVIRONMENTAL & MARINE ENGINEERING, DREDGING INTERNATIONAL, DEME Environmental, BAGGERWERKEN DECLOEDT & ZOON, DEME COORDINATION CENTER, DEME CONCESSIONS, DEME InfraSea Solutions, Deeptech +1 more
since 2024 · until 2028
CHRISTOPHER IWENS
Director
Also active at: DREDGING INTERNATIONAL, DEME CONCESSIONS, Combined Marine Terminal Operations Worldwide
since 2022 · until 2028
ERIC TANCRÉ
Director
Also active at: DREDGING, ENVIRONMENTAL & MARINE ENGINEERING, DREDGING INTERNATIONAL, DEME Environmental, BAGGERWERKEN DECLOEDT & ZOON, DEME CONCESSIONS, DEME InfraSea Solutions, DEME Infra
since 2022 · until 2028
Shareholders
Participations
DEME Cyprus LTD
100%
DEME MAJAN SPC
100%
Establishments
Establishment units
Physical locations of this company
Scheldedijk 30
2070 Beveren-Kruibeke-Zwijndrecht
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 49 companies are registered at this address.
All companies at this address →LOGIMARINE
€ 395,401 gross margin · 2025
DREDGING, ENVIRONMENTAL & MARINE ENGINEERING same network
€ 21.7 million revenue · 2025
DEME BEDIENDEN SOLIDARITEITSFONDS
DREDGING INTERNATIONAL same network
€ 731.2 million revenue · 2025
DEME Environmental same network
€ 165.8 million revenue · 2025
+44 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
- 0793.485.239
- VAT number
- BE 0793.485.239
- Registered office
- Scheldedijk 30, 2070 Beveren-Kruibeke-Zwijndrecht
- Names & denominations
- DEME Dredging
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 November 2022
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Baggerwerken