Ranking · Flanders · NACE 50

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 assetsRevenue EquityFTEYear
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 →

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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.

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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 12 Nov 2026.