ACTIVE

RHENUS AIR & OCEAN

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
-18,8 k €
-102.4% YoY
Revenue
118,7 M €
-10.0% YoY
Equity
15,9 M €
-0.1% YoY
Workforce
111,3 ETP
-4.5% YoY

What does RHENUS AIR & OCEAN do?

RHENUS AIR & OCEAN is a Public limited company incorporated in 1968. Its main activity is: Support activities for transportation. Its registered office is in Antwerpen. It employs on average 111,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0404.804.061
Incorporation
01/01/1968
Legal form
Public limited company
Registered office
Roderveldlaan 5
2600 Antwerpen · FlandreSee on map
Contributed capital
3 722 894,00 €
Latest accounts
31/12/2025
Average workforce
111,3 ETP
Activities (NACE)
52250Support activities for transportation· main52290Other transportation support activities63401Information service activities
Joint committees (2)
  • 226
  • 30101
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201320122011200920082006
Income statement
Revenue118,7 M €131,9 M €60,9 M €90,6 M €73,8 M €59,8 M €58,2 M €61,7 M €67,5 M €48,2 M €50,5 M €46,2 M €53,5 M €53,8 M €56,5 M €56,5 M €79 M €47,3 M €
EBITDA151,4 k €1,4 M €-1,5 M €364,4 k €-405 k €-2,4 M €-2,6 k €-164,9 k €8,3 M €985 k €558,4 k €899,7 k €1,1 M €1,1 M €2,5 M €1,6 M €3,5 M €1,4 M €
Operating result-214,8 k €163,4 k €-1,5 M €360,1 k €-686,1 k €-2,4 M €-52 k €-292,5 k €7,8 M €594,9 k €116,9 k €385 k €575,4 k €589,6 k €2,1 M €1,4 M €2,8 M €1,1 M €
Net result-18,8 k €794,3 k €-1,3 M €407,6 k €-691,9 k €-2,5 M €-58,2 €-309,5 k €5,1 M €336,4 k €80,9 k €234,9 k €267,2 k €248,9 k €1,5 M €957,7 k €1,8 M €946,2 k €
Balance sheet
Equity15,9 M €16 M €7,2 M €8,6 M €8,1 M €8,8 M €11,3 M €11,3 M €11,6 M €5,9 M €5,6 M €5,5 M €5,3 M €5,3 M €5,3 M €5,6 M €5,5 M €2,7 M €
Total assets37,6 M €37,2 M €16,3 M €18,3 M €17,9 M €18 M €19,9 M €21,7 M €22,7 M €17,2 M €17,2 M €18,3 M €18,2 M €19,3 M €19,6 M €19,6 M €22,5 M €16 M €
Cash213 k €489,3 k €211,7 k €973,2 k €793,3 k €2,5 M €2,8 M €3,1 M €3,6 M €1,9 M €1,9 M €1,2 M €916,9 k €1,3 M €1,6 M €798,7 k €218,9 k €309,7 k €
Debts18,3 M €18,3 M €8,8 M €9,5 M €9,5 M €8,8 M €8,5 M €10,3 M €11 M €11,3 M €11,5 M €12,7 M €12,9 M €13,9 M €14,2 M €13,8 M €16,3 M €13,2 M €
Other
Workforce111,3 ETP116,6 ETP81,9 ETP76,4 ETP77,2 ETP83,0 ETP77,7 ETP76,5 ETP71,2 ETP59,8 ETP69,9 ETP68,8 ETP82,8 ETP87,1 ETP90,4 ETP119,5 ETP139,5 ETP82,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 35 ended

Active mandates

Ivan Van Eetvelt

Director · since 30 juin 2024 · until 18 juin 2030

Active
Filip Van Kerchove

Managing director · since 01 janvier 2024 · until 18 juin 2030

Active
Lieve Aps

Director · since 01 janvier 2024 · until 18 juin 2030

Active

Ended mandates

Kurt Mertens

Director · since 01 janvier 2024 · until 18 juin 2030

Ended
Frank Roderkerk

Director · since 21 juin 2022 · until 30 juin 2025

Ended
Tilde Coppin

Director · since 21 juin 2022 · until 17 juin 2025

Ended
Tilde Coppin

Director · since 21 juin 2022 · until 30 juin 2025

Ended
At this address

Other companies at this address

CompanyCBE no.
Baker Hughes Belgium● Active
0402.610.970
CFNR Antwerpen● Active
0660.803.095
Maatschap GGI● Active
0793.633.016
Rhenus Assets I● Active
1005.352.639
Rhenus Assets II● Active
1005.387.875
Rhenus High Tech● Active
0474.165.001
RHENUS HOLDING BELGIUM● Active
0456.850.105
RHENUS INTERMODAL SYSTEMS● Active
0445.459.632
RHENUS SHARED SERVICE CENTER● Active
0404.508.806
Annual accounts

Full financial information

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 date22/06/202603/07/202525/06/202426/06/202305/07/202217/06/2021
General meeting16/06/202617/06/202518/06/202420/06/202321/06/202215/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202516/06/202622/06/2026DutchPDF
Full model31/12/202417/06/202503/07/2025DutchPDF
Full model31/12/202318/06/202425/06/2024DutchPDF
Full model31/12/202220/06/202326/06/2023DutchPDF
Full model31/12/202121/06/202205/07/2022DutchPDF
Full model31/12/202015/06/202117/06/2021DutchPDF
Full model31/12/201907/09/202005/10/2020DutchPDF
Full model31/12/201818/06/201916/07/2019DutchPDF
Full model31/12/201722/06/201803/08/2018DutchPDF
Full model31/12/201616/06/201723/06/2017DutchPDF
Full model31/12/201530/06/201602/08/2016DutchPDF
Full model31/12/201402/06/201530/07/2015DutchPDF
Full model31/12/201305/08/201429/08/2014DutchPDF
Full model31/12/201228/06/201330/08/2013DutchPDF
Full model31/12/201126/06/201208/08/2012DutchPDF
Full model31/12/201007/06/201101/09/2011DutchPDF
Full model31/12/200914/06/201007/09/2010DutchPDF
Full model31/12/200830/06/200907/08/2009DutchPDF
Full model31/12/200703/06/200829/08/2008DutchPDF
Full model31/12/200605/06/200711/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 35 ended

Active mandates

Ivan Van Eetvelt

Director · since 30 juin 2024 · until 18 juin 2030

Active
Filip Van Kerchove

Managing director · since 01 janvier 2024 · until 18 juin 2030

Active
Lieve Aps

Director · since 01 janvier 2024 · until 18 juin 2030

Active

Ended mandates

Kurt Mertens

Director · since 01 janvier 2024 · until 18 juin 2030

Ended
Frank Roderkerk

Director · since 21 juin 2022 · until 30 juin 2025

Ended
Tilde Coppin

Director · since 21 juin 2022 · until 17 juin 2025

Ended
Tilde Coppin

Director · since 21 juin 2022 · until 30 juin 2025

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office16/09/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Restructuring22/08/2024
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring26/04/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates29/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/02/2021
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

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 2025-18,8 k €↓
  2. 2024
    Annual accounts 2024794,3 k €↑
  3. 2023
    Annual accounts 2023-1,3 M €↓
  4. 2022
    Annual accounts 2022407,6 k €↑
  5. 2021
    Annual accounts 2021-691,9 k €↑
  6. 2020
    Annual accounts 2020-2,5 M €↓
  7. 2019
    Annual accounts 2019-58,2 €↑
  8. 2018
    Annual accounts 2018-309,5 k €↓
  9. 2017
    Annual accounts 20175,1 M €↑
  10. 2017
    Name changeRhenus Air & Ocean NV
  11. 2016
    Annual accounts 2016336,4 k €↑
  12. 2015
    Annual accounts 201580,9 k €↓
  13. 2014
    Annual accounts 2014234,9 k €↓
  14. 2013
    Annual accounts 2013267,2 k €↑
  15. 2012
    Annual accounts 2012248,9 k €↓
  16. 2011
    Annual accounts 20111,5 M €↑
  17. 2009
    Annual accounts 2009957,7 k €↓
  18. 2009
    Name changeRHENUS OCEAN
  19. 2008
    Annual accounts 20081,8 M €↑
  20. 2006
    Annual accounts 2006946,2 k €
  21. 2006
    Name changeTRANSMARCOM
  22. 01/01/1968
    IncorporationPublic limited company