Ranking · Flanders · NACE 50
Water transport: highest revenue in Flanders
As of 13 Nov 2026, 49 companies in Water transport (NACE 50) in Flanders publish their revenue in recent accounts (financial years 2024 to 2026). The top 10 account for €1.40bn, out of €1.84bn for all of them; median revenue is €13.5m. Independent Container Line leads with €386.4m (financial year 2025).
Top 49 · Water transport · Flanders
Ranked by revenue published in the latest filed accounts (accounts less than 3 years old).
| # | Company | Total assets | Revenue | Equity | FTE | Year |
|---|---|---|---|---|---|---|
| 1 | Independent Container Line 2018 Antwerp | €163.2m | €386.4m | €104.7m | 70.0 | 2025 |
| 2 | Boskalis Offshore Transport Services 2000 Antwerp | €508.0m | €335.5m | €416.6m | 85.5 | 2025 |
| 3 | Exmar Shipping 2000 Antwerp | €362.3m | €146.5m | €71.6m | — | 2025 |
| 4 | Bocimar International 2000 Antwerp | €161.8m | €108.4m | €84.6m | 15.4 | 2025 |
| 5 | CMB.TECH Belgium 2000 Antwerp | €3.09bn | €108.0m | €2.61bn | — | 2025 |
| 6 | Société d'Exploitation du Pioneering Spirit 2910 Essen | €1.81bn | €103.2m | €1.69bn | 7.0 | 2025 |
| 7 | Scaldis Salvage & Marine Contractors 2030 Antwerp | €29.4m | €87.4m | €11.2m | 46.3 | 2025 |
| 8 | Conti-Lines 2610 Antwerp | €90.5m | €43.3m | €36.3m | 6.8 | 2025 |
| 9 | BCTN Meerhout 2450 Meerhout | €42.3m | €43.0m | €19.2m | 63.7 | 2025 |
| 10 | Excelerate Technical Management 2000 Antwerp | €11.8m | €42.1m | €1.81m | 17.0 | 2025 |
| 11 | Anaco 2000 Antwerp | €9.21m | €42.0m | €4.23m | 6.0 | 2025 |
| 12 | Seabird International Shipping 2000 Antwerp | €6.49m | €36.4m | €1.93m | 14.3 | 2025 |
| 13 | NYK Bulkship (Atlantic) 2000 Antwerp | €188.0m | €33.5m | €146.1m | 28.8 | 2026 |
| 14 | Naviglobe 2030 Antwerp | €11.9m | €32.9m | €1.27m | 2.9 | 2025 |
| 15 | Somtrans 2110 Wijnegem | €13.8m | €30.0m | €5.73m | 10.8 | 2025 |
| 16 | Katoen Natie Tank Operations 9130 Beveren | €9.13m | €28.3m | €3.26m | 23.5 | 2025 |
| 17 | Shipit Multimodal Logistics 2050 Antwerp | €10.2m | €21.2m | €4.34m | 5.5 | 2025 |
| 18 | Euronav Shipping 2000 Antwerp | €254.7m | €19.5m | €218.7m | 6.8 | 2024 |
| 19 | CMB.TECH International 2000 Antwerp | €69.1m | €18.5m | €9.79m | — | 2025 |
| 20 | Marbia Shipping 2960 Brecht | €55.6m | €18.4m | €35.3m | — | 2025 |
| 21 | EBE 2600 Antwerp | €79.1m | €17.5m | €47.7m | 84.3 | 2025 |
| 22 | Plouvier Chartering 2030 Antwerp | €4.14m | €17.4m | €2.35m | 8.9 | 2025 |
| 23 | Exmar Marine 2000 Antwerp | €50.7m | €15.9m | €23.0m | 17.9 | 2025 |
| 24 | Fast Lines Belgium 2000 Antwerp | €38.1m | €15.6m | €19.0m | 8.5 | 2025 |
| 25 | CLdN Ferries 8380 Bruges | €42.1m | €13.5m | €25.2m | 43.3 | 2025 |
| 26 | KLN Freight (Belgium) 2100 Antwerp | €52.4m | €11.2m | €51.0m | 12.6 | 2025 |
| 27 | Exmar Shipmanagement 2000 Antwerp | €35.5m | €9.29m | €7.22m | 63.5 | 2025 |
| 28 | Exmar Offshore 2000 Antwerp | €27.4m | €7.12m | €25.6m | 3.0 | 2025 |
| 29 | Oocl Benelux 2000 Antwerp | €4.86m | €6.93m | €1.77m | 57.7 | 2025 |
| 30 | R. Somers 2110 Wijnegem | €25.2m | €6.29m | €13.9m | — | 2025 |
| 31 | Beltra - B 2627 Schelle | €5.47m | €5.40m | €1.32m | 13.0 | 2025 |
| 32 | DKT Chartering Antwerp 2000 Antwerp | €4.84m | €5.37m | −211,338 € | — | 2025 |
| 33 | Dens Ocean Shipping and Logistics 8432 Middelkerke | 967,864 € | €3.68m | 37,105 € | 2.0 | 2025 |
| 34 | HMM (Belgium) Shipping 2000 Antwerp | €1.57m | €3.32m | 461,468 € | 23.4 | 2025 |
| 35 | Braxo 2030 Antwerp | €21.3m | €2.86m | €9.71m | 54.0 | 2025 |
| 36 | Fluviant 2050 Antwerp | €11.0m | €2.72m | 890,731 € | — | 2025 |
| 37 | Verbeke Shipping 2620 Hemiksem | €8.78m | €2.23m | €4.96m | 8.7 | 2025 |
| 38 | Saverco 2000 Antwerp | €505.7m | €1.80m | €477.7m | 9.0 | 2025 |
| 39 | CLdN 8380 Bruges | €46.6m | €1.42m | €45.1m | — | 2025 |
| 40 | Kleimar 2000 Antwerp | €2.04m | €1.19m | 135,507 € | 3.0 | 2025 |
| 41 | AXE Investments/ Sea Lloyd 2030 Antwerp | €15.4m | 869,348 € | €10.0m | — | 2025 |
| 42 | Exmar LPG 2000 Antwerp | €365.1m | 804,674 € | €345.2m | — | 2025 |
| 43 | Silver Victory 2900 Schoten | €3.53m | 757,116 € | −€5.59m | 4.0 | 2025 |
| 44 | Dive Away 1745 Opwijk | 512,413 € | 755,654 € | 368,519 € | — | 2025 |
| 45 | Shypple Belgium 2018 Antwerp | 484,262 € | 441,225 € | −393,456 € | 3.4 | 2025 |
| 46 | JUDI 2400 Mol | €1.79m | 352,748 € | 108,820 € | — | 2025 |
| 47 | Dive - Star 8630 Veurne | 29,736 € | 56,243 € | −1,634 € | — | 2025 |
| 48 | P.T.Y. Struct 8610 Kortemark | 305,553 € | 7,280 € | 294,090 € | — | 2025 |
| 49 | CMB.Tech 2000 Antwerp | 15,511 € | 3 € | 5,185 € | — | 2025 |
Ranking based on each company's own annual accounts (statutory, not consolidated): a subsidiary and its parent appear separately, and the ranking differs from lists based on consolidated group accounts. These are the revenue figures published in the annual accounts. Small companies (micro and abridged accounts) do not have to publish theirs: they do not appear in this ranking.
Water transport across Belgium → All sectors · Flanders →
Other sectors · Flanders
- 01 Crop and animal production, hunting and related service activities202
- 08 Other mining and quarrying23
- 10 Manufacture of food products504
- 11 Manufacture of beverages47
- 13 Manufacture of textiles114
- 14 Manufacture of wearing apparel23
- 16 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials66
- 17 Manufacture of paper and paper products58
- 18 Printing and reproduction of recorded media75
- 20 Manufacture of chemicals and chemical products205
- 21 Manufacture of basic pharmaceutical products and pharmaceutical preparations30
- 22 Manufacture of rubber and plastic products153
- 23 Manufacture of other non-metallic mineral products151
- 24 Manufacture of basic metals72
- 25 Manufacture of fabricated metal products, except machinery and equipment347
- 26 Manufacture of computer, electronic and optical products96
- 27 Manufacture of electrical equipment63
- 28 Manufacture of machinery and equipment n.e.c.164
- 29 Manufacture of motor vehicles, trailers and semi-trailers58
- 30 Manufacture of other transport equipment22
- 31 Manufacture of furniture74
- 32 Other manufacturing73
- 33 Repair, maintenance and installation of machinery and equipment130
- 35 Electricity, gas, steam and air conditioning supply146
- 37 Sewerage18
- 38 Waste collection, recovery and disposal activities156
- 41 Construction of residential and non-residential buildings882
- 42 Civil engineering222
- 43 Specialised construction activities1,336
- 46 Wholesale trade2,898
- 47 Retail trade1,540
- 49 Land transport and transport via pipelines791
- 51 Air transport17
- 52 Warehousing, storage and support activities for transportation466
- 53 Postal and courier activities50
- 55 Accommodation105
- 56 Food and beverage service activities499
- 58 Publishing activities56
- 59 Motion picture, video and television programme production, sound recording and music publishing activities67
- 60 Programming, broadcasting, news agency and other content distribution activities10
- 61 Telecommunication45
- 62 Computer programming, consultancy and related activities1,005
- 63 Computing infrastructure, data processing, hosting and other information service activities57
- 64 Financial service activities, except insurance and pension funding1,456
- 66 Activities auxiliary to financial services and insurance activities150
- 68 Real estate activities1,138
- 69 Legal and accounting activities292
- 70 Activities of head offices and management consultancy1,102
- 71 Architectural and engineering activities; technical testing and analysis290
- 72 Scientific research and development43
- 73 Activities of advertising, market research and public relations207
- 74 Other professional, scientific and technical activities72
- 75 Veterinary activities20
- 77 Rental and leasing activities175
- 78 Employment activities135
- 79 Travel agency, tour operator and other reservation service and related activities43
- 80 Investigation and security activities25
- 81 Services to buildings and landscape activities261
- 82 Office administrative, office support and other business support activities336
- 84 Public administration and defence; compulsory social security24
- 85 Education463
- 86 Human health activities385
- 87 Residential care activities346
- 88 Social work activities without accommodation243
- 90 Arts creation and performing arts activities180
- 91 Libraries, archives, museums and other cultural activities19
- 93 Sports activities and amusement and recreation activities144
- 94 Activities of membership organisations109
- 95 Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles185
- 96 Personal service activities211
Municipalities with the most companies in the sector · Flanders
Frequently asked questions
Which company in Water transport in Flanders has the highest revenue?
Independent Container Line, with €386.4m of published revenue (financial year 2025).
Why are some companies missing?
Small companies (micro and abridged accounts) do not have to publish their revenue: only the 49 that publish it, out of 349 companies in the sector in the area, are ranked.
Why does this ranking differ from other lists?
It uses each company's annual accounts as filed with the National Bank, not consolidated group accounts. A holding, a subsidiary or a purchasing entity can therefore appear separately. Only companies whose latest accounts are less than 3 years old are ranked.
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Active companies (legal entities) that have filed at least one set of annual accounts, based on the Crossroads Bank for Enterprises and the National Bank of Belgium. The sector is the main activity in the register; the municipality is that of the registered office. Data updated on 13 Nov 2026.