ACTIVE

DEME Dredging

Financial year 2025 · closed on 31/12/2025
Net result
6,9 M €
-80.2% YoY
Revenue
608 M €
+8.3% YoY
Equity
226,8 M €
+3.1% YoY
Workforce
1 374,1 ETP
+5.1% YoY

What does DEME Dredging do?

DEME Dredging is a Public limited company incorporated in 2022. Its main activity is: Construction of water projects. Its registered office is in Beveren-Kruibeke-Zwijndrecht. It employs on average 1 374,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0793.485.239
Incorporation
10/11/2022
Legal form
Public limited company
Registered office
Scheldedijk 30
2070 Beveren-Kruibeke-Zwijndrecht · FlandreSee on map
Contributed capital
28 729 495,00 €
Latest accounts
31/12/2025
Average workforce
1 374,1 ETP
Joint committees (3)
  • 124
  • 200
  • 316
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202520242023
Income statement
Revenue608 M €561,2 M €341,2 M €
EBITDA33,9 M €52,5 M €4,5 M €
Operating result8,9 M €31,2 M €-10,4 M €
Net result6,9 M €34,8 M €-4 M €
Balance sheet
Equity226,8 M €219,9 M €265,1 M €
Total assets575,7 M €424,8 M €481,3 M €
Cash16,1 M €5,9 M €13,5 M €
Debts325,7 M €184,9 M €202,4 M €
Other
Workforce1 374,1 ETP1 307,9 ETP622,5 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

Active mandates

STIJN GAYTANT

Director · since 01 mai 2024 · until 26 mai 2028

Active
CHRISTOPHER IWENS

Director · since 09 novembre 2022 · until 26 mai 2028

Active
ERIC TANCRÉ

Director · since 09 novembre 2022 · until 26 mai 2028

Active
HUGO BOUVY

Director · since 09 novembre 2022 · until 26 mai 2028

Active
LUC VANDENBULCKE

Director · since 09 novembre 2022 · until 26 mai 2028

Active
SOFIE VERLINDEN

Director · since 09 novembre 2022 · until 26 mai 2028

Active
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Annual accounts

Full financial information

202520242023
Type of accountFull modelFull modelFull model
Start of the financial year01/01/202501/01/202409/11/2022
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months14 months
Filing date27/05/202604/06/202503/06/2024
General meeting22/05/202623/05/202524/05/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

3 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202522/05/202627/05/2026DutchPDF
Full model31/12/202423/05/202504/06/2025DutchPDF
Full model31/12/202324/05/202403/06/2024DutchPDF
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

Active mandates

STIJN GAYTANT

Director · since 01 mai 2024 · until 26 mai 2028

Active
CHRISTOPHER IWENS

Director · since 09 novembre 2022 · until 26 mai 2028

Active
ERIC TANCRÉ

Director · since 09 novembre 2022 · until 26 mai 2028

Active
HUGO BOUVY

Director · since 09 novembre 2022 · until 26 mai 2028

Active
LUC VANDENBULCKE

Director · since 09 novembre 2022 · until 26 mai 2028

Active
SOFIE VERLINDEN

Director · since 09 novembre 2022 · until 26 mai 2028

Active
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/08/2023
    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
  • Other16/11/2022
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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. 22/05/2026
    reconductionWim van Gasse — commissaris
  2. 2025
    Annual accounts 20256,9 M €
  3. 2024
    Annual accounts 202434,8 M €
  4. 01/05/2024
    nominationStijn Gaytant — bestuurder
  5. 2023
    Annual accounts 2023-4 M €
  6. 17/01/2023
    nominationChristopher Iwens — gedelegeerd bestuurder
  7. 17/01/2023
    nominationEric Tancré — gedelegeerd bestuurder
  8. 01/01/2023
    nominationEY : Bedrijfsrevisoren BV — commissaris
  9. 10/11/2022
    IncorporationPublic limited company