ACTIVE

DREDGING INTERNATIONAL

Financial year 2025 · closed on 31/12/2025
Net result
43,7 M €
+363.7% YoY
Revenue
731,2 M €
+5.5% YoY
Equity
222,9 M €
+24.4% YoY
Workforce
29,9 ETP
-13.6% YoY

What does DREDGING INTERNATIONAL do?

DREDGING INTERNATIONAL is a Public limited company incorporated in 1988. Its registered office is in Beveren-Kruibeke-Zwijndrecht. It employs on average 29,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0435.305.514
Incorporation
14/09/1988
Legal form
Public limited company
Registered office
Scheldedijk 30
2070 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map
Contributed capital
21 332 005,00 €
Latest accounts
31/12/2025
Average workforce
29,9 ETP
Joint committees (4)
  • 124
  • 200
  • 218
  • 316
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201320122011201020092008
Income statement
Revenue731,2 M €693 M €694,3 M €817,3 M €1,1 Md €874 M €1,1 Md €576,8 M €658,6 M €544,5 M €874,1 M €606,4 M €640,2 M €809 M €898,3 M €710 M €554,3 M €605 M €
EBITDA32,7 M €-16,3 M €-1,1 M €-17 M €32,5 M €76,9 M €24,8 M €29,9 M €55,4 M €54,5 M €125 M €93,1 M €82,6 M €71 M €7,2 M €44,1 M €28,4 M €103,4 M €
Operating result1,1 M €-37,9 M €-22,6 M €-46 M €12,5 M €41,1 M €-20,7 M €-16,2 M €6,7 M €9 M €81 M €46,9 M €35,6 M €27,1 M €-21,8 M €21,1 M €6 M €75,9 M €
Net result43,7 M €-16,6 M €7,8 M €-5,3 M €16,4 M €76,4 M €-26,6 M €32,7 M €4,4 M €14,7 M €144,9 M €65,6 M €30,3 M €74,3 M €32,8 M €45,1 M €46,6 M €76,4 M €
Balance sheet
Equity222,9 M €179,2 M €195,8 M €477,1 M €482,4 M €466 M €439,6 M €500,7 M €508,3 M €503,5 M €488,8 M €363,9 M €328,3 M €319,3 M €275 M €287,1 M €262 M €220,4 M €
Total assets705,3 M €630,5 M €722,2 M €954,6 M €1,2 Md €811,8 M €815,5 M €956,5 M €836,4 M €890,7 M €996,5 M €977,2 M €829,7 M €885,4 M €935,2 M €693,5 M €626,9 M €566,8 M €
Cash21,5 M €30,5 M €51,9 M €58 M €108,1 M €40,7 M €80,8 M €25,6 M €8,7 M €11,6 M €8,5 M €19,8 M €6 M €7,9 M €18,2 M €13 M €16,6 M €18,5 M €
Debts477,2 M €443,5 M €511,7 M €451,4 M €665,5 M €300,8 M €323,9 M €403,8 M €291,8 M €333,6 M €444,2 M €560 M €445,8 M €544 M €630 M €372,4 M €337 M €317,5 M €
Other
Workforce29,9 ETP34,6 ETP646,0 ETP1 210,5 ETP1 142,4 ETP1 188,4 ETP1 147,5 ETP1 069,3 ETP999,2 ETP974,7 ETP939,9 ETP907,1 ETP1 179,6 ETP1 137,5 ETP742,7 ETP694,3 ETP620,2 ETP578,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 43 ended

Active mandates

CHRISTOPHER IWENS

Director · since 24 mai 2024 · until 24 mai 2030

Active
ERIC TANCRE

Director · since 24 mai 2024 · until 24 mai 2030

Active
HUGO BOUVY

Director · since 24 mai 2024 · until 24 mai 2030

Active
LUC VANDENBULCKE

Director · since 24 mai 2024 · until 24 mai 2030

Active
SOFIE VERLINDEN

Director · since 24 mai 2024 · until 24 mai 2030

Active
STIJN GAYTANT

Director · since 01 mai 2024 · until 24 mai 2030

Active

Ended mandates

CHRISTOPHER IWENS

Director · since 09 janvier 2023 · until 24 mai 2024

Ended
ELS VERBRAECKEN

Director · since 22 mai 2020 · until 01 mai 2024

Ended
ELS VERBRAECKEN

Director · since 22 mai 2020 · until 24 mai 2024

Ended
LUC VANDENBULCKE

Director · since 22 mai 2020 · until 24 mai 2024

Ended
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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 date26/05/202626/05/202519/06/202414/06/202309/06/202231/05/2021
General meeting22/05/202623/05/202524/05/202426/05/202327/05/202228/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202522/05/202626/05/2026DutchPDF
Full model31/12/202423/05/202526/05/2025DutchPDF
Full modelCorrection31/12/202324/05/202419/06/2024DutchPDF
Full model31/12/202324/05/202405/06/2024DutchPDF
Full model31/12/202226/05/202314/06/2023DutchPDF
Full model31/12/202127/05/202209/06/2022DutchPDF
Full model31/12/202028/05/202131/05/2021DutchPDF
Full model31/12/201922/05/202005/06/2020DutchPDF
Full model31/12/201824/05/201905/06/2019DutchPDF
Full model31/12/201725/05/201805/06/2018DutchPDF
Full model31/12/201626/05/201731/05/2017DutchPDF
Full model31/12/201527/05/201630/05/2016DutchPDF
Full model31/12/201422/05/201529/05/2015DutchPDF
Full model31/12/201323/05/201426/05/2014DutchPDF
Full model31/12/201224/05/201307/06/2013DutchPDF
Full model31/12/201125/05/201225/05/2012DutchPDF
Full model31/12/201027/05/201109/06/2011DutchPDF
Full model31/12/200928/05/201004/06/2010DutchPDF
Full model31/12/200822/05/200904/06/2009DutchPDF
Full model31/12/200723/05/200809/06/2008DutchPDF
Full model31/12/200625/05/200714/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 · 6 active · 43 ended

Active mandates

CHRISTOPHER IWENS

Director · since 24 mai 2024 · until 24 mai 2030

Active
ERIC TANCRE

Director · since 24 mai 2024 · until 24 mai 2030

Active
HUGO BOUVY

Director · since 24 mai 2024 · until 24 mai 2030

Active
LUC VANDENBULCKE

Director · since 24 mai 2024 · until 24 mai 2030

Active
SOFIE VERLINDEN

Director · since 24 mai 2024 · until 24 mai 2030

Active
STIJN GAYTANT

Director · since 01 mai 2024 · until 24 mai 2030

Active

Ended mandates

CHRISTOPHER IWENS

Director · since 09 janvier 2023 · until 24 mai 2024

Ended
ELS VERBRAECKEN

Director · since 22 mai 2020 · until 01 mai 2024

Ended
ELS VERBRAECKEN

Director · since 22 mai 2020 · until 24 mai 2024

Ended
LUC VANDENBULCKE

Director · since 22 mai 2020 · until 24 mai 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates27/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring31/07/2023
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring31/05/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates01/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/08/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/06/2021
    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 202543,7 M €
  2. 01/01/2025
    nominationWim Van Gasse — commissaris
  3. 2024
    Annual accounts 2024-16,6 M €
  4. 24/05/2024
    reconductionLuc Vandenbulcke — bestuurder
  5. 24/05/2024
    reconductionHugo Bouvy — bestuurder
  6. 24/05/2024
    reconductionEric Tancré — bestuurder
  7. 24/05/2024
    reconductionSofie Verlinden — bestuurder
  8. 24/05/2024
    reconductionChristopher lwens — bestuurder
  9. 24/05/2024
    reconductionWim van Gasse — commissaris
  10. 24/05/2024
    reconductionPatrick Rottiers — commissaris
  11. 01/05/2024
    nominationStijn Gaytant — bestuurder
  12. 2023
    Annual accounts 20237,8 M €
  13. 17/01/2023
    nominationChristopher Iwens — gedelegeerd bestuurder
  14. 09/01/2023
    nominationChristopher Iwens — bestuurder
  15. 2022
    Annual accounts 2022-5,3 M €
  16. 2021
    Annual accounts 202116,4 M €
  17. 2020
    Annual accounts 202076,4 M €
  18. 2019
    Annual accounts 2019-26,6 M €
  19. 2018
    Annual accounts 201832,7 M €
  20. 2017
    Annual accounts 20174,4 M €
  21. 2016
    Annual accounts 201614,7 M €
  22. 2015
    Annual accounts 2015144,9 M €
  23. 2014
    Annual accounts 201465,6 M €
  24. 2013
    Annual accounts 201330,3 M €
  25. 2012
    Annual accounts 201274,3 M €
  26. 2011
    Annual accounts 201132,8 M €
  27. 2010
    Annual accounts 201045,1 M €
  28. 2009
    Annual accounts 200946,6 M €
  29. 2008
    Annual accounts 200876,4 M €
  30. 14/09/1988
    IncorporationPublic limited company