ACTIVE

SEA-TANK 510

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Financial year 2025 · closed on 31/12/2025

Net result

10,8 M €

-7.7% YoY

Revenue

45,9 M €

-0.2% YoY

Equity

80,5 M €

+4.7% YoY

Workforce

44,4 ETP

-3.1% YoY

What does SEA-TANK 510 do?

SEA-TANK 510 is a Public limited company incorporated in 2010. Its main activity is: Warehousing and storage. Its registered office is in Antwerpen. It employs on average 44,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0824.517.618

Incorporation

26/03/2010

Legal form

Public limited company

Registered office

Muisbroeklaan 47
2030 Antwerpen · FlandreSee on map

Contributed capital

40 000 000,00 €

Latest accounts

31/12/2025

Average workforce

44,4 ETP

Activities (NACE)

52100Warehousing and storage· main 52100Warehousing and storage 52241Cargo handling 52241Cargo handling 52100Warehousing and storage 52100Warehousing and storage+2

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Revenue	45,9 M €	-0.2%	46 M €	+3.4%	44,5 M €	+3.7%	42,9 M €	+4.0%	41,3 M €	-2.4%	42,3 M €	+1.1%	41,8 M €	+0.8%	41,5 M €	+3.9%	39,9 M €	-10.0%	44,3 M €	+9.3%	40,6 M €	+3.3%	39,3 M €	+1.8%	38,6 M €	+479%	6,7 M €		–
EBITDA	28,5 M €	-3.2%	29,5 M €	+1.9%	28,9 M €	-1.0%	29,2 M €	+4.0%	28,1 M €	-28.6%	39,4 M €	+98.2%	19,9 M €	-37.6%	31,8 M €	+10.9%	28,7 M €	-17.9%	35 M €	+10.3%	31,7 M €	+0.7%	31,5 M €	+4.5%	30,1 M €	+541%	4,7 M €	+43137%	-10,9 k €
Operating result	13,5 M €	-8.6%	14,8 M €	+1.9%	14,5 M €	-4.8%	15,2 M €	+12.6%	13,5 M €	-46.3%	25,2 M €	+345%	5,7 M €	-67.9%	17,7 M €	+21.1%	14,6 M €	-30.3%	20,9 M €	+17.9%	17,7 M €	+1.0%	17,6 M €	+7.4%	16,4 M €	+562%	2,5 M €	+22724%	-10,9 k €
Net result	10,8 M €	-7.7%	11,8 M €	+7.0%	11 M €	-1.9%	11,2 M €	+18.7%	9,4 M €	-46.7%	17,7 M €	+1147%	1,4 M €	-84.6%	9,2 M €	+49.3%	6,2 M €	-38.0%	10 M €	+28.7%	7,7 M €	+11.7%	6,9 M €	+7.6%	6,4 M €	+405%	1,3 M €	+169995%	749,9 €
Balance sheet
Equity	80,5 M €	+4.7%	76,8 M €	+5.4%	72,9 M €	+5.3%	69,3 M €	+5.7%	65,5 M €	+4.7%	62,6 M €	+23.8%	50,6 M €	-9.9%	56,2 M €	+15.9%	48,4 M €	+5.8%	45,8 M €	+7.4%	42,6 M €	+4.3%	40,8 M €	+1.1%	40,4 M €	-2.1%	41,3 M €	+64.4%	25,1 M €
Total assets	92,5 M €	+4.0%	88,9 M €	+5.7%	84,1 M €	-3.9%	87,5 M €	-7.9%	95 M €	-15.7%	112,7 M €	-13.1%	129,7 M €	-5.6%	137,4 M €	-9.2%	151,3 M €	-10.6%	169,2 M €	-6.3%	180,5 M €	-8.3%	196,7 M €	-7.7%	213,1 M €	+4.0%	204,8 M €	+92.2%	106,6 M €
Cash	54 M €	+3091%	1,7 M €	+36.9%	1,2 M €	-87.4%	9,8 M €	+461%	1,8 M €	-70.3%	5,9 M €	-29.0%	8,3 M €	+201%	2,8 M €	-43.7%	4,9 M €	-30.2%	7 M €	+33.1%	5,3 M €	+7.1%	4,9 M €	-66.4%	14,7 M €	+168%	5,5 M €	+341%	1,2 M €
Debts	12 M €	-0.3%	12,1 M €	+8.1%	11,2 M €	-38.6%	18,2 M €	-36.1%	28,4 M €	-42.7%	49,6 M €	-35.8%	77,2 M €	-2.8%	79,5 M €	-21.2%	100,9 M €	-17.7%	122,6 M €	-10.9%	137,5 M €	-11.7%	155,7 M €	-9.7%	172,3 M €	+5.4%	163,6 M €	+101%	81,5 M €
Other
Workforce	44,4 ETP	-3.1%	45,8 ETP	+2.7%	44,6 ETP	+1.1%	44,1 ETP	-1.8%	44,9 ETP	+6.4%	42,2 ETP	+1.4%	41,6 ETP	-6.5%	44,5 ETP	+5.0%	42,4 ETP	+7.6%	39,4 ETP	-7.1%	42,4 ETP	+0.2%	42,3 ETP	-10.6%	47,3 ETP	+301%	11,8 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 250 M€ and 500 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 49 ended

Active mandates

Eddy Bruyninckx

Chairman of the board of directors · since 19 juin 2025 · until 29 mai 2026

Active

Erik Loontjens

Managing director · since 19 juin 2025 · until 29 mai 2026

Active

Gary Kalmin

Director · since 19 juin 2025 · until 29 mai 2026

Active

Nicholas Gohl

Director · since 19 juin 2025 · until 29 mai 2026

Active

Philippe Van de Vyvere

Director · since 19 juin 2025 · until 29 mai 2026

Active

Ended mandates

Eddy Bruyninckx

Chairman of the board of directors · since 26 juin 2023 · until 17 avril 2025

Ended

Eddy Bruyninckx

Chairman of the board of directors · since 26 juin 2023 · until 19 juin 2025

Ended

Erik Loontjens

Managing director · since 26 juin 2023 · until 17 avril 2025

Ended

Erik Loontjens

Managing director · since 26 juin 2023 · until 19 juin 2025

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full 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	16/06/2026	26/06/2025	02/07/2024	03/07/2023	15/09/2022	12/07/2021
General meeting	29/05/2026	19/06/2025	28/06/2024	26/06/2023	09/09/2022	30/06/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	29/05/2026	16/06/2026	Dutch	PDF
Full model	31/12/2024	19/06/2025	26/06/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	02/07/2024	Dutch	PDF
Full model	31/12/2022	26/06/2023	03/07/2023	Dutch	PDF
Full model	31/12/2021	09/09/2022	15/09/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	12/07/2021	Dutch	PDF
Full model	31/12/2019	30/09/2020	30/09/2020	Dutch	PDF
Full model	31/12/2018	18/04/2019	13/06/2019	Dutch	PDF
Full model	31/12/2017	19/04/2018	13/06/2018	Dutch	PDF
Full model	31/12/2016	20/04/2017	21/06/2017	Dutch	PDF
Full model	31/12/2015	21/04/2016	28/06/2016	Dutch	PDF
Full model	31/12/2014	23/06/2015	08/07/2015	Dutch	PDF
Full model	31/12/2013	24/06/2014	16/07/2014	Dutch	PDF
Full model	31/12/2012	25/06/2013	12/07/2013	Dutch	PDF
Full model	31/12/2011	26/06/2012	11/07/2012	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 49 ended

Active mandates

Eddy Bruyninckx

Chairman of the board of directors · since 19 juin 2025 · until 29 mai 2026

Active

Erik Loontjens

Managing director · since 19 juin 2025 · until 29 mai 2026

Active

Gary Kalmin

Director · since 19 juin 2025 · until 29 mai 2026

Active

Nicholas Gohl

Director · since 19 juin 2025 · until 29 mai 2026

Active

Philippe Van de Vyvere

Director · since 19 juin 2025 · until 29 mai 2026

Active

Ended mandates

Eddy Bruyninckx

Chairman of the board of directors · since 26 juin 2023 · until 17 avril 2025

Ended

Eddy Bruyninckx

Chairman of the board of directors · since 26 juin 2023 · until 19 juin 2025

Ended

Erik Loontjens

Managing director · since 26 juin 2023 · until 17 avril 2025

Ended

Erik Loontjens

Managing director · since 26 juin 2023 · until 19 juin 2025

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/07/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/01/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/07/2017
ONTSLAGEN - BENOEMINGEN
PDF
Other28/04/2016
ALGEMENE VERGADERING
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

2025
Annual accounts 202510,8 M €↓
19/06/2025
reconductionBruyninckx Eddy — Voorzitter van de Raad van Bestuur
19/06/2025
reconductionLoontjens Erik — Gedelegeerd Bestuurder
19/06/2025
reconductionVan de Vyvere Philippe — Bestuurder
19/06/2025
reconductionKalmin Gary — Bestuurder
2024
Annual accounts 202411,8 M €↑
2023
Annual accounts 202311 M €↓
26/06/2023
reconductionBruyninckx Eddy — Voorzitter van de Raad van Bestuur
26/06/2023
reconductionLoontjens Erik — Gedelegeerd Bestuurder
26/06/2023
reconductionVan de Vyvere Philippe — Bestuurder
26/06/2023
reconductionKalmin Gary — Bestuurder
26/06/2023
reconductionGohl Nicholas — Bestuurder
26/06/2023
nominationBV RSM INTERAUDIT — commissaris
2022
Annual accounts 202211,2 M €↑
09/09/2022
nominationNicholas Goh — bestuurder
21/04/2022
reconductionBruyninckx Eddy — Voorzitter van de Raad van Bestuur
21/04/2022
reconductionLoontjens Erik — Gedelegeerd Bestuurder
21/04/2022
reconductionVan de Vyvere Philippe — Bestuurder
21/04/2022
reconductionKalmin Gary — Bestuurder
21/04/2022
reconductionVermaak Jacobus — Bestuurder
2021
Annual accounts 20219,4 M €↓
2020
Annual accounts 202017,7 M €↑
2019
Annual accounts 20191,4 M €↓
2018
Annual accounts 20189,2 M €↑
2017
Annual accounts 20176,2 M €↓
2016
Annual accounts 201610 M €↑
2015
Annual accounts 20157,7 M €↑
2014
Annual accounts 20146,9 M €↑
2013
Annual accounts 20136,4 M €↑
2012
Annual accounts 20121,3 M €↑
2011
Annual accounts 2011749,9 €
26/03/2010
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

SEA-TANK 510

Overview

What does SEA-TANK 510 do?

Trend over 15 financial years

Indicative valuation

Board of directors

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