Water transport: the largest companies in Flanders
As of 12 Nov 2026, 339 companies in Water transport (NACE 50) in Flanders publish total assets in recent accounts (financial years 2023 to 2026). The top 10 account for €7.42bn, out of €8.92bn for all of them; median total assets are 968,830 €. CMB.TECH Belgium leads with €3.09bn (financial year 2025).
Top 50 · Water transport · Flanders
Ranked by total assets in the latest filed accounts. This is a size criterion, not an assessment.
| # | Company | Total assets | Revenue | Equity | FTE | Year |
|---|---|---|---|---|---|---|
| 1 | CMB.TECH Belgium 2000 Antwerp | €3.09bn | €108.0m | €2.61bn | — | 2025 |
| 2 | Société d'Exploitation du Pioneering Spirit 2910 Essen | €1.81bn | €103.2m | €1.69bn | 7.0 | 2025 |
| 3 | Boskalis Offshore Transport Services 2000 Antwerp | €508.0m | €335.5m | €416.6m | 85.5 | 2025 |
| 4 | Saverco 2000 Antwerp | €505.7m | €1.80m | €477.7m | 9.0 | 2025 |
| 5 | Exmar LPG 2000 Antwerp | €365.1m | 804,674 € | €345.2m | — | 2025 |
| 6 | Exmar Shipping 2000 Antwerp | €362.3m | €146.5m | €71.6m | — | 2025 |
| 7 | Euronav Shipping 2000 Antwerp | €254.7m | €19.5m | €218.7m | 6.8 | 2024 |
| 8 | NYK Bulkship (Atlantic) 2000 Antwerp | €188.0m | €33.5m | €146.1m | 28.8 | 2026 |
| 9 | Independent Container Line 2018 Antwerp | €163.2m | €386.4m | €104.7m | 70.0 | 2025 |
| 10 | Bocimar International 2000 Antwerp | €161.8m | €108.4m | €84.6m | 15.4 | 2025 |
| 11 | Conti-Lines 2610 Antwerp | €90.5m | €43.3m | €36.3m | 6.8 | 2025 |
| 12 | EBE 2600 Antwerp | €79.1m | €17.5m | €47.7m | 84.3 | 2025 |
| 13 | CMB.TECH International 2000 Antwerp | €69.1m | €18.5m | €9.79m | — | 2025 |
| 14 | Marbia Shipping 2960 Brecht | €55.6m | €18.4m | €35.3m | — | 2025 |
| 15 | KLN Freight (Belgium) 2100 Antwerp | €52.4m | €11.2m | €51.0m | 12.6 | 2025 |
| 16 | Exmar Marine 2000 Antwerp | €50.7m | €15.9m | €23.0m | 17.9 | 2025 |
| 17 | CLdN 8380 Bruges | €46.6m | €1.42m | €45.1m | — | 2025 |
| 18 | BCTN Meerhout 2450 Meerhout | €42.3m | €43.0m | €19.2m | 63.7 | 2025 |
| 19 | CLdN Ferries 8380 Bruges | €42.1m | €13.5m | €25.2m | 43.3 | 2025 |
| 20 | Fast Lines Belgium 2000 Antwerp | €38.1m | €15.6m | €19.0m | 8.5 | 2025 |
| 21 | Exmar Shipmanagement 2000 Antwerp | €35.5m | €9.29m | €7.22m | 63.5 | 2025 |
| 22 | Thalys Shipping 2160 Wommelgem | €32.0m | — | €11.1m | — | 2025 |
| 23 | Michand 2970 Schilde | €31.7m | — | €6.59m | 4.3 | 2025 |
| 24 | Scaldis Salvage & Marine Contractors 2030 Antwerp | €29.4m | €87.4m | €11.2m | 46.3 | 2025 |
| 25 | Conti-Lines Coastal 2610 Antwerp | €27.5m | — | €4.75m | 1.8 | 2025 |
| 26 | Exmar Offshore 2000 Antwerp | €27.4m | €7.12m | €25.6m | 3.0 | 2025 |
| 27 | R. Somers 2110 Wijnegem | €25.2m | €6.29m | €13.9m | — | 2025 |
| 28 | Komu Shipping 2980 Zoersel | €24.4m | — | €3.17m | — | 2025 |
| 29 | Rowa Shipping 2030 Antwerp | €23.2m | — | €3.12m | — | 2025 |
| 30 | Braxo 2030 Antwerp | €21.3m | €2.86m | €9.71m | 54.0 | 2025 |
| 31 | AXE Investments/ Sea Lloyd 2030 Antwerp | €15.4m | 869,348 € | €10.0m | — | 2025 |
| 32 | Orinoco 2000 Antwerp | €14.5m | — | €6.61m | 14.3 | 2025 |
| 33 | RCT Stevedoring 2830 Willebroek | €14.4m | — | €5.39m | 14.6 | 2025 |
| 34 | Somtrans 2110 Wijnegem | €13.8m | €30.0m | €5.73m | 10.8 | 2025 |
| 35 | Altun Logistics 2000 Antwerp | €13.1m | — | €11.6m | 9.5 | 2025 |
| 36 | Naviglobe 2030 Antwerp | €11.9m | €32.9m | €1.27m | 2.9 | 2025 |
| 37 | Excelerate Technical Management 2000 Antwerp | €11.8m | €42.1m | €1.81m | 17.0 | 2025 |
| 38 | Derova Shipping 2960 Brecht | €11.8m | — | €1.93m | — | 2025 |
| 39 | Fluviant 2050 Antwerp | €11.0m | €2.72m | 890,731 € | — | 2025 |
| 40 | Lautertrans 2100 Antwerp | €10.4m | — | €7.46m | — | 2025 |
| 41 | Mercurius Scheepvaart Belgium 9160 Lokeren | €10.2m | — | €3.15m | — | 2025 |
| 42 | Royal Fuel Transport 2970 Schilde | €10.2m | — | −30,846 € | — | 2025 |
| 43 | Shipit Multimodal Logistics 2050 Antwerp | €10.2m | €21.2m | €4.34m | 5.5 | 2025 |
| 44 | Galaxie 2630 Aartselaar | €10.1m | — | €8.54m | — | 2025 |
| 45 | Safmarine MPV 2600 Antwerp | €9.51m | — | €9.23m | — | 2025 |
| 46 | Anaco 2000 Antwerp | €9.21m | €42.0m | €4.23m | 6.0 | 2025 |
| 47 | Katoen Natie Tank Operations 9130 Beveren | €9.13m | €28.3m | €3.26m | 23.5 | 2025 |
| 48 | BV Shipping 2970 Schilde | €8.90m | — | €7.21m | — | 2025 |
| 49 | Verbeke Shipping 2620 Hemiksem | €8.78m | €2.23m | €4.96m | 8.7 | 2025 |
| 50 | Independent Container Line, Europe 2018 Antwerp | €8.45m | — | €4.66m | 59.4 | 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.
“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.
Water transport across Belgium → All sectors · Flanders →
Other sectors · Flanders
- 01 Crop and animal production, hunting and related service activities5,114
- 02 Forestry and logging186
- 03 Fishing and aquaculture102
- 08 Other mining and quarrying88
- 09 Mining support service activities32
- 10 Manufacture of food products3,220
- 11 Manufacture of beverages386
- 12 Manufacture of tobacco products16
- 13 Manufacture of textiles704
- 14 Manufacture of wearing apparel299
- 15 Manufacture of leather and related products of other materials50
- 16 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials1,102
- 17 Manufacture of paper and paper products196
- 18 Printing and reproduction of recorded media1,328
- 19 Manufacture of coke and refined petroleum products18
- 20 Manufacture of chemicals and chemical products539
- 21 Manufacture of basic pharmaceutical products and pharmaceutical preparations281
- 22 Manufacture of rubber and plastic products561
- 23 Manufacture of other non-metallic mineral products952
- 24 Manufacture of basic metals244
- 25 Manufacture of fabricated metal products, except machinery and equipment4,115
- 26 Manufacture of computer, electronic and optical products460
- 27 Manufacture of electrical equipment489
- 28 Manufacture of machinery and equipment n.e.c.1,127
- 29 Manufacture of motor vehicles, trailers and semi-trailers307
- 30 Manufacture of other transport equipment132
- 31 Manufacture of furniture968
- 32 Other manufacturing960
- 33 Repair, maintenance and installation of machinery and equipment2,361
- 35 Electricity, gas, steam and air conditioning supply623
- 36 Water collection, treatment and supply41
- 37 Sewerage127
- 38 Waste collection, recovery and disposal activities664
- 39 Remediation activities and other waste management service activities112
- 41 Construction of residential and non-residential buildings12,390
- 42 Civil engineering2,400
- 43 Specialised construction activities35,294
- 46 Wholesale trade24,470
- 47 Retail trade26,224
- 49 Land transport and transport via pipelines7,319
- 51 Air transport173
- 52 Warehousing, storage and support activities for transportation2,364
- 53 Postal and courier activities573
- 55 Accommodation2,106
- 56 Food and beverage service activities16,014
- 58 Publishing activities768
- 59 Motion picture, video and television programme production, sound recording and music publishing activities1,456
- 60 Programming, broadcasting, news agency and other content distribution activities163
- 61 Telecommunication294
- 62 Computer programming, consultancy and related activities18,472
- 63 Computing infrastructure, data processing, hosting and other information service activities2,623
- 64 Financial service activities, except insurance and pension funding20,945
- 65 Insurance, reinsurance and pension funding, except compulsory social security152
- 66 Activities auxiliary to financial services and insurance activities5,256
- 68 Real estate activities32,646
- 69 Legal and accounting activities12,868
- 70 Activities of head offices and management consultancy35,926
- 71 Architectural and engineering activities; technical testing and analysis9,882
- 72 Scientific research and development599
- 73 Activities of advertising, market research and public relations6,897
- 74 Other professional, scientific and technical activities3,244
- 75 Veterinary activities1,234
- 77 Rental and leasing activities2,338
- 78 Employment activities1,219
- 79 Travel agency, tour operator and other reservation service and related activities644
- 80 Investigation and security activities301
- 81 Services to buildings and landscape activities5,098
- 82 Office administrative, office support and other business support activities9,438
- 84 Public administration and defence; compulsory social security98
- 85 Education2,506
- 86 Human health activities25,365
- 87 Residential care activities583
- 88 Social work activities without accommodation1,024
- 90 Arts creation and performing arts activities2,109
- 91 Libraries, archives, museums and other cultural activities129
- 92 Gambling and betting activities119
- 93 Sports activities and amusement and recreation activities2,717
- 94 Activities of membership organisations457
- 95 Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles2,942
- 96 Personal service activities4,643
Municipalities with the most companies in the sector · Flanders
Frequently asked questions
Which is the largest company in Water transport in Flanders?
By total assets, it is CMB.TECH Belgium (€3.09bn, financial year 2025).
How many companies in Water transport in Flanders are ranked?
339 out of 349 active companies in the sector with their registered office in the area: those whose latest accounts are less than 3 years old.
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.
Analyse companies · Flanders
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Open the full file →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 12 Nov 2026.