ACTIVE

North Sea Port Flanders

Financial year 2025 · Closed on 31/12/2025

Net result15,8 M €+10,8 %over 1 year
Revenue64 M €+8,9 %over 1 year
Equity610 M €+1,8 %over 1 year
Workforce137,7 ETP+7,1 %over 1 year

Identity

Source · BCE/KBO

North Sea Port Flanders is a Public limited company incorporated in 1979. Its main activity is: Service activities incidental to water transportation. Its registered office is in Gent. It employs on average 137,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0218.843.678
Incorporation
01/01/1979
Legal form
Public limited company
Registered office
John Kennedylaan 32
9042 Gent · FlandreSee on map
Contributed capital
175 472 000,00 €
Latest accounts
31/12/2025
Average workforce
137,7 ETP
Joint committees (1)
  • 30102
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 20 financial years

20252024202320222021
Income statement
Revenue64 M €58,8 M €55,2 M €50,1 M €45,3 M €
EBITDA32,3 M €27,5 M €23,8 M €25,7 M €24,3 M €
Operating result11,3 M €7,9 M €4,4 M €5 M €3,3 M €
Net result15,8 M €14,2 M €10,1 M €10 M €8 M €
Balance sheet
Equity610 M €599,2 M €589,5 M €583,7 M €578,8 M €
Total assets652,2 M €643 M €615,4 M €609,4 M €601,1 M €
Cash4,3 M €7,2 M €5,3 M €5,4 M €15,7 M €
Debts30,2 M €31,9 M €15,5 M €16,6 M €15,4 M €
Other
Workforce137,7 ETP128,6 ETP127,3 ETP123,6 ETP125,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 M€ and 500 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 139 ended

Active mandates

Cas König

Chairman of the board of directors · since 01 juin 2025 · until 31 mai 2031

Active
Maarten den Dekker

Director · since 01 juin 2023 · until 31 mai 2029

Active
Peter Van Parys

Director · since 01 septembre 2020 · until 31 août 2026

Active
Sofie Monteyne

Director · since 01 septembre 2020 · until 31 août 2026

Active

Ended mandates

Dirk Engelhardt

Director · since 01 septembre 2020 · until 31 mai 2023

Ended
Dirk Engelhardt

Director · since 01 septembre 2020 · until 31 août 2026

Ended
Daan Schalck

Chairman of the board of directors · since 29 juin 2018 · until 28 juin 2024

Ended
Daan Schalck

Chairman of the board of directors · since 29 juin 2018 · until 17 octobre 2024

Ended

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/06/202627/06/202502/07/202403/07/202305/07/202223/06/2021
General meeting18/06/202627/06/202528/06/202420/06/202321/06/202215/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202518/06/202623/06/2026DutchPDF
Full model31/12/202427/06/202527/06/2025DutchPDF
Full model31/12/202328/06/202402/07/2024DutchPDF
Full model31/12/202220/06/202303/07/2023DutchPDF
Full model31/12/202121/06/202205/07/2022DutchPDF
Full model31/12/202015/06/202123/06/2021DutchPDF
Full model31/12/201916/06/202030/06/2020DutchPDF
Full model31/12/201828/06/201904/07/2019DutchPDF
Full model31/12/201728/06/201802/07/2018DutchPDF
Full model31/12/201620/06/201722/06/2017DutchPDF
Full model31/12/201521/06/201623/06/2016DutchPDF
Full model31/12/201416/06/201518/06/2015DutchPDF
Full model31/12/201317/06/201424/06/2014DutchPDF
Full model31/12/201228/05/201303/06/2013DutchPDF
Full model31/12/201129/05/201201/06/2012DutchPDF
Full model31/12/201023/05/201124/05/2011DutchPDF
Full model31/12/200925/05/201001/06/2010DutchPDF
Full model31/12/200822/06/200908/07/2009DutchPDF
Full model31/12/200723/04/200803/07/2008DutchPDF
Full model31/12/200616/05/200716/07/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 M€ and 500 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 139 ended

Active mandates

Cas König

Chairman of the board of directors · since 01 juin 2025 · until 31 mai 2031

Active
Maarten den Dekker

Director · since 01 juin 2023 · until 31 mai 2029

Active
Peter Van Parys

Director · since 01 septembre 2020 · until 31 août 2026

Active
Sofie Monteyne

Director · since 01 septembre 2020 · until 31 août 2026

Active

Ended mandates

Dirk Engelhardt

Director · since 01 septembre 2020 · until 31 mai 2023

Ended
Dirk Engelhardt

Director · since 01 septembre 2020 · until 31 août 2026

Ended
Daan Schalck

Chairman of the board of directors · since 29 juin 2018 · until 28 juin 2024

Ended
Daan Schalck

Chairman of the board of directors · since 29 juin 2018 · until 17 octobre 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates07/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other22/01/2026
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates21/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other31/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202515,8 M €↑
  2. 01/06/2025
    nominationCas Lex König — bestuurder
  3. 01/01/2025
    nominationPieter Van Hautegem — vaste vertegenwoordiger van de commissaris
  4. 2024
    Annual accounts 202414,2 M €↑
  5. 03/12/2024
    nominationBen Vandeweyer — commissaris-revisor
  6. 29/06/2024
    reconductionDaan Jacques Maria Schalck — bestuurder
  7. 2023
    Annual accounts 202310,1 M €↑
  8. 08/06/2023
    nominationBen Vandeweyer — commissaris-revisor
  9. 01/06/2023
    nominationMaarten Hendrik den Dekker — bestuurder
  10. 2022
    Annual accounts 202210 M €↑
  11. 2021
    Annual accounts 20218 M €↑
  12. 2020
    Annual accounts 20204,6 M €↑
  13. 2019
    Annual accounts 20193,2 M €↓
  14. 2018
    Annual accounts 20185,4 M €↓
  15. 2018
    Name changeNORTH SEA PORT FLANDERS
  16. 2017
    Annual accounts 201714,3 M €↓
  17. 2016
    Annual accounts 201616,6 M €↑
  18. 2015
    Annual accounts 201510,2 M €↑
  19. 2014
    Annual accounts 201410,2 M €↓
  20. 2013
    Annual accounts 201312,1 M €↑
  21. 2013
    Name changeHAVENBEDRIJF GENT
  22. 2012
    Annual accounts 20128 M €↑
  23. 2011
    Annual accounts 20116,5 M €↓
  24. 2010
    Annual accounts 20109,3 M €↑
  25. 2009
    Annual accounts 20096,2 M €↓
  26. 2008
    Annual accounts 200810,2 M €↑
  27. 2007
    Annual accounts 20076,9 M €↑
  28. 2006
    Annual accounts 20065,9 M €
  29. 2006
    Name changeHET HAVENBEDRIJF GENT GAB
  30. 01/01/1979
    IncorporationPublic limited company