ACTIVE

ROWA SHIPPING

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Financial year 2025 · Closed on 31/12/2025

Net result199,7 k €-91,6 %over 1 year

Gross margin2,4 M €-46,4 %over 1 year

Equity3,1 M €-1,1 %over 1 year

Workforce0,0 ETP

Identity

Source · BCE/KBO

ROWA SHIPPING is a Public limited company incorporated in 2007. Its main activity is: Inland freight water transport. Its registered office is in Antwerpen.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0892.925.580
Incorporation: 19/10/2007
Legal form: Public limited company
Registered office: Lichterweg 3
2030 Antwerpen · FlandreSee on map
Contributed capital: 550 000,00 €
Latest accounts: 31/12/2025
Average workforce: 0,0 ETP

Activities (NACE)

50400Inland freight water transport· main 50400Inland freight water transport

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 18 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	2,4 M €	-46.4%	4,4 M €	+112%	2,1 M €	+31.1%	1,6 M €	+9.2%	1,5 M €
EBITDA	2,4 M €	-46.1%	4,4 M €	+111%	2,1 M €	+31.1%	1,6 M €	+11.4%	1,4 M €
Operating result	1 M €	-72.6%	3,7 M €	+296%	925,2 k €	+29.6%	713,6 k €	+20.8%	590,8 k €
Net result	199,7 k €	-91.6%	2,4 M €	+394%	483,2 k €	+46.3%	330,2 k €	+48.3%	222,7 k €
Balance sheet
Equity	3,1 M €	-1.1%	3,2 M €	+194%	1,1 M €	+20.6%	889,1 k €	+9.6%	810,9 k €
Total assets	23,2 M €	+21.8%	19,1 M €	+30.2%	14,6 M €	+14.3%	12,8 M €	-6.9%	13,8 M €
Cash	398,1 k €	+837%	42,5 k €	-80.5%	217,6 k €	+21.7%	178,8 k €	-20.0%	223,5 k €
Debts	19 M €	+27.6%	14,9 M €	+13.6%	13,1 M €	+12.8%	11,6 M €	-7.7%	12,6 M €
Other
Workforce	0,0 ETP		0,0 ETP		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
VERMEYLEN INVESTMENT COMPANY0744.935.650Represented by Tom VERMEYLEN	Directorsince 28/03/2024
VERFINCO0466.085.988Represented by Erik Vermeylen	DirectorManager24/09/2012 → 2012 accountsendedManaging director21/06/2011 → 2011 accountsendedAdministrator - manager2015 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Splendor0452.944.765Represented by Rudy Gram	Managing director11/10/2007 → 2011 accounts
MICHAND0452.325.450Represented by Erik Vermeylen	Managing director11/10/2007 → 2009 accounts

Other companies at this address

Lichterweg 3 2030 Antwerpen

Company	CBE no.
BENED SHIPPING● Active	0842.241.003
GENERAL BUNKERING SERVICES● Active	0456.173.479
Marine Oil Services● Active	0876.704.509
PONTUS TANKERS● Active	0473.535.489

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	10/06/2026	03/07/2025	08/06/2024	07/07/2023	21/06/2022	27/04/2021
General meeting	28/05/2026	05/06/2025	23/05/2024	01/06/2023	02/06/2022	21/04/2021
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, 18 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	28/05/2026	10/06/2026	Dutch	PDF
Abridged model	31/12/2024	05/06/2025	03/07/2025	Dutch	PDF
Abridged model	31/12/2023	23/05/2024	08/06/2024	Dutch	PDF
Abridged model	31/12/2022	01/06/2023	07/07/2023	Dutch	PDF
Abridged model	31/12/2021	02/06/2022	21/06/2022	Dutch	PDF
Abridged model	31/12/2020	21/04/2021	27/04/2021	Dutch	PDF
Abridged model	31/12/2019	04/06/2020	23/06/2020	Dutch	PDF
Abridged model	31/12/2018	06/06/2019	27/06/2019	Dutch	PDF
Abridged model	31/12/2017	07/06/2018	04/07/2018	Dutch	PDF
Abridged model	31/12/2016	01/06/2017	27/06/2017	Dutch	PDF
Abridged model	31/12/2015	02/06/2016	17/06/2016	Dutch	PDF
Abridged model	31/12/2014	04/06/2015	25/06/2015	Dutch	PDF
Abridged model	31/12/2013	05/06/2014	27/06/2014	Dutch	PDF
Abridged model	31/12/2012	27/06/2013	23/07/2013	Dutch	PDF
Abridged model	31/12/2011	07/06/2012	18/07/2012	Dutch	PDF
Abridged model	31/12/2010	17/03/2011	07/04/2011	Dutch	PDF
Abridged model	31/12/2009	03/06/2010	23/06/2010	Dutch	PDF
Abridged model	31/12/2008	25/06/2009	16/07/2009	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
VERMEYLEN INVESTMENT COMPANY0744.935.650Represented by Tom VERMEYLEN	Directorsince 28/03/2024
VERFINCO0466.085.988Represented by Erik Vermeylen	DirectorManager24/09/2012 → 2012 accountsendedManaging director21/06/2011 → 2011 accountsendedAdministrator - manager2015 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Splendor0452.944.765Represented by Rudy Gram	Managing director11/10/2007 → 2011 accounts
MICHAND0452.325.450Represented by Erik Vermeylen	Managing director11/10/2007 → 2009 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates24/04/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/11/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/08/2020
ONTSLAGEN - BENOEMINGEN - DIVERSEN
PDF
Mandates09/01/2020
WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other02/08/2016
DIVERSEN
PDF
Other27/06/2016
BENAMING
PDF
Registered office09/09/2015
MAATSCHAPPELIJKE ZETEL
PDF
Mandates31/10/2012
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - 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

VERFINCO

VERMEYLEN INVESTMENT COMPANY

Splendor

MICHAND

20072008200920102011201220132014201520162017201820192020202120222023202420252026

ROWA SHIPPING

Lichterweg 3, 2030 Antwerp-2030

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Lichterweg 3, 2030 Antwerp-2030Current	accounts 2021 → 2025	Accounts 2025 · 2026-00154386

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ROWA SHIPPINGCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00154386

Events

2025
Annual accounts 2025199,7 k €↓
2024
Annual accounts 20242,4 M €↑
2023
Annual accounts 2023483,2 k €↑
2022
Annual accounts 2022330,2 k €↑
2021
Annual accounts 2021222,7 k €↓
2020
Annual accounts 2020480,7 k €↑
2019
Annual accounts 2019292,8 k €↑
2018
Annual accounts 2018190,7 k €↑
2017
Annual accounts 2017-213,2 k €↓
2016
Annual accounts 2016-35,5 k €↓
2015
Annual accounts 201574,5 k €↑
2014
Annual accounts 2014-32,2 k €↓
2013
Annual accounts 201343,7 k €↑
2012
Annual accounts 2012-15,1 k €↓
2011
Annual accounts 201137,8 k €↑
2010
Annual accounts 2010-146,4 k €↓
2009
Annual accounts 2009-45,2 k €↓
2008
Annual accounts 2008-4,1 k €
19/10/2007
IncorporationPublic limited company

ROWA SHIPPING

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