ACTIVE

SEALINER

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Financial year 2025 · Closed on 31/12/2025

Net result429 k €+43,7 %over 1 year

Gross margin2,7 M €+15,8 %over 1 year

Equity664 k €+182,5 %over 1 year

Workforce18,3 ETP+0,5 %over 1 year

Identity

Source · BCE/KBO

SEALINER is a Public limited company incorporated in 1998. Its main activity is: Support activities for transportation. Its registered office is in Antwerpen. It employs on average 18,3 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0464.690.277
Incorporation: 02/12/1998
Legal form: Public limited company
Registered office: Noorderlaan 127A
2030 Antwerpen · FlandreSee on map
Contributed capital: 62 000,00 €
Latest accounts: 31/12/2025
Average workforce: 18,3 ETP

Activities (NACE)

52250Support activities for transportation· main 52290Other transportation support activities 63403Information service activities

Joint committees (1)

Contacts

2 public details availableLog in to view

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	2,7 M €	+15.8%	2,3 M €	-0.9%	2,3 M €	+6.8%	2,2 M €		–
EBITDA	563,1 k €	+70.5%	330,4 k €	-10.0%	367,2 k €	-22.2%	472,1 k €	+134%	-1,4 M €
Operating result	563,7 k €	+71.4%	328,9 k €	-10.3%	366,4 k €	-21.2%	465 k €	+134%	-1,4 M €
Net result	429 k €	+43.7%	298,5 k €	-9.6%	330 k €	-28.4%	461,1 k €	+133%	-1,4 M €
Balance sheet
Equity	664 k €	+183%	235 k €	+470%	-63,5 k €	+83.9%	-393,5 k €	+54.0%	-854,6 k €
Total assets	2,8 M €	+16.3%	2,4 M €	-7.0%	2,6 M €	-8.7%	2,8 M €	+27.6%	2,2 M €
Cash	1,1 M €	-19.7%	1,4 M €	+23.1%	1,2 M €	-18.7%	1,4 M €	+46.4%	974,5 k €
Debts	2,1 M €	-1.8%	2,1 M €	-17.1%	2,6 M €	-18.9%	3,2 M €	+4.4%	3,1 M €
Other
Workforce	18,3 ETP	+0.5%	18,2 ETP	-6.2%	19,4 ETP	+1.0%	19,2 ETP	+10.3%	17,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Marc Beerlandt	Managing director24/08/2010 → 25/05/2028
Marcin Ruszczynski	Director27/05/2022 → 25/05/2028
MEDITERRANEAN SHIPPING COMPANY BELGIUM0464.255.361Represented by Luca Zanchi	Chairman of the board of directors24/08/2010 → 25/05/2028
Patrick Van Dessel	Director24/08/2010 → 25/05/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
SEALINER0464.690.277	Chairman of the board of directors26/05/2016 → 2016 accounts
Elvio Bourquin	Director27/05/2004 → 2008 accounts
Jean-Marie Denis	Managing director27/05/2004 → 2008 accounts
Martine Denis	Director27/05/2004 → 2008 accounts

Other companies at this address

Noorderlaan 127A 2030 Antwerpen

Company	CBE no.
EUROPE TERMINAL● Active	0473.338.323
MEDITERRANEAN SHIPPING COMPANY BELGIUM● Active	0464.255.361
MEDLOG● Active	0435.093.597
Medlog Holding Belgium● Active	0801.285.128
MSC Air Cargo Belgium● Active	1031.394.565

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	26/06/2026	16/06/2025	19/06/2024	28/07/2023	30/06/2022	24/06/2021
General meeting	28/05/2026	30/05/2025	30/05/2024	25/05/2023	27/05/2022	27/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	28/05/2026	26/06/2026	Dutch	PDF
Abridged model	31/12/2024	30/05/2025	16/06/2025	Dutch	PDF
Abridged model	31/12/2023	30/05/2024	19/06/2024	Dutch	PDF
Abridged model	31/12/2022	25/05/2023	28/07/2023	Dutch	PDF
Full model	31/12/2021	27/05/2022	30/06/2022	Dutch	PDF
Full model	31/12/2020	27/05/2021	24/06/2021	Dutch	PDF
Full model	31/12/2019	30/06/2020	08/09/2020	Dutch	PDF
Full model	31/12/2018	31/05/2019	20/06/2019	Dutch	PDF
Full model	31/12/2017	31/05/2018	28/06/2018	Dutch	PDF
Full model	31/12/2016	26/05/2017	19/06/2017	Dutch	PDF
Full model	31/12/2015	26/05/2016	03/06/2016	Dutch	PDF
Full model	31/12/2014	28/05/2015	18/06/2015	Dutch	PDF
Full model	31/12/2013	30/05/2014	06/06/2014	Dutch	PDF
Full model	31/12/2012	30/05/2013	18/06/2013	Dutch	PDF
Full model	31/12/2011	31/05/2012	21/06/2012	Dutch	PDF
Full model	31/12/2010	26/05/2011	30/06/2011	Dutch	PDF
Full model	31/12/2009	30/06/2010	01/07/2010	Dutch	PDF
Full model	31/12/2008	28/05/2009	18/06/2009	Dutch	PDF
Full model	31/12/2007	19/06/2008	31/07/2008	Dutch	PDF
Full model	31/12/2006	31/05/2007	12/07/2007	Dutch	PDF
Consolidated accounts	31/12/2006	06/07/2007	08/08/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 5 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Marc Beerlandt	Managing director24/08/2010 → 25/05/2028
Marcin Ruszczynski	Director27/05/2022 → 25/05/2028
MEDITERRANEAN SHIPPING COMPANY BELGIUM0464.255.361Represented by Luca Zanchi	Chairman of the board of directors24/08/2010 → 25/05/2028
Patrick Van Dessel	Director24/08/2010 → 25/05/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
SEALINER0464.690.277	Chairman of the board of directors26/05/2016 → 2016 accounts
Elvio Bourquin	Director27/05/2004 → 2008 accounts
Jean-Marie Denis	Managing director27/05/2004 → 2008 accounts
Martine Denis	Director27/05/2004 → 2008 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates22/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/10/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/06/2024
ONTSLAGEN - BENOEMINGEN - DIVERSEN
PDF
Mandates11/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/04/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/01/2022
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares22/07/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates16/07/2019
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

MEDITERRANEAN SHIPPING COMPANY BELGIUM

Marcin Ruszczynski

Marc Beerlandt

Patrick Van Dessel

SEALINER

Jean-Marie Denis

Maurizio Aponte

Martine Denis

Elvio Bourquin

1998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028

SEALINERD & W AGENCIES

Noorderlaan 127 bte A, 2030 Antwerp-2030

Chairman of the board of directors

Director

Managing director

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Noorderlaan 127A, 2030 Antwerp-2030Current		CBE
Noorderlaan 127 bte A, 2030 Antwerp-2030	accounts 2022 → 2025	Accounts 2025 · 2026-00226974
Noorderlaan 127A, 2030 Antwerp-2030	accounts 2021	Accounts 2021 · 2022-20140577

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
SEALINERCurrent	accounts 2011 → 2025	Accounts 2025 · 2026-00226974
D & W AGENCIES	accounts 2006 → 2008	Accounts 2008 · 2009-25300117

Events

2025
Annual accounts 2025429 k €↑
2024
Annual accounts 2024298,5 k €↓
2023
Annual accounts 2023330 k €↓
2022
Annual accounts 2022461,1 k €↑
2021
Annual accounts 2021-1,4 M €↓
2020
Annual accounts 202021,9 k €↓
2019
Annual accounts 201925,4 k €↓
2018
Annual accounts 201829,8 k €↓
2017
Annual accounts 201731,1 k €↑
2016
Annual accounts 2016-6,5 k €↓
2015
Annual accounts 2015377,8 €↓
2014
Annual accounts 201447,5 k €↑
2013
Annual accounts 201313,9 k €↓
2012
Annual accounts 201248,7 k €↓
2011
Annual accounts 2011144,8 k €↓
2011
Name changeSEALINER
2008
Annual accounts 2008555,6 k €↓
2007
Annual accounts 20074,8 M €↑
2006
Annual accounts 2006855,5 k €
02/12/1998
IncorporationPublic limited company

SEALINER

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events