Sector · NACE 4291

Construction of water projects

143 Belgian companies whose main activity falls under NACE code 4291 have filed annual accounts. Their median solvency is 42.9% for financial year 2023.

Companies143
Median solvency42.9%
Median equity182,857 €
Median headcount (FTE)5.4
Founded in the last 3 years9

Sector medians

Computed by Idonis

Distribution across the sector's companies for financial year 2023: a quarter of companies sit below the 1st quartile, half below the median, three quarters below the 3rd quartile.

Indicator1st quartileMedian3rd quartileCompanies
Solvency 19.5%42.9%64.6% 122
Current ratio 0.861.332.43 118
ROE 2.1%10.5%20.5% 111
Equity 59,048 €182,857 €€1.86m 122
Total assets 171,123 €597,515 €€4.47m 122
Net result −72 €19,714 €160,953 € 121
Headcount (avg FTE) 1.65.426.8 59

Medians computed by Idonis from annual accounts filed with the National Bank, all sizes combined. The same panel is the sector benchmark on every company page. Method

Largest companies: Construction of water projects

Ranked by total assets in the latest filed accounts. This is a size criterion, not an assessment.

#Company Total assetsRevenue EquityFTEYear
1 Jan De Nul 9308 Aalst €2.66bn €1.73bn €1.42bn 1,840.7 2025
2 DEME Offshore BE 2070 Beveren-Kruibeke-Zwijndrecht €1.50bn €968.6m €190.5m 527.0 2025
3 Deme Group 2070 Beveren-Kruibeke-Zwijndrecht €1.23bn €11.6m €1.11bn 4.0 2025
4 Dredging, Environmental & Marine Engineering 2070 Beveren-Kruibeke-Zwijndrecht €768.6m €21.7m €394.0m 15.0 2025
5 Dredging International 2070 Beveren-Kruibeke-Zwijndrecht €705.3m €731.2m €222.9m 29.9 2025
6 DEME Dredging 2070 Beveren-Kruibeke-Zwijndrecht €575.7m €608.0m €226.8m 1,374.1 2025
7 Baggerwerken Decloedt & Zoon 8400 Ostend €366.4m €159.3m €234.6m 230.2 2025
8 Flanders Dredging Corporation 9308 Aalst €150.0m €94.7m €79.9m — 2025
9 Deep C Holding 2600 Antwerp €110.9m 912,530 € €49.1m 0.7 2025
10 HYE N.V. 2070 Beveren-Kruibeke-Zwijndrecht €38.9m €40.9m €9.34m 112.4 2025
11 Veolia WTS Belgium 4040 Herstal €37.4m €12.5m €3.04m 47.0 2025
12 Dredging & Contracting Belgium 3090 Overijse €37.2m — −405,948 € 0.6 2025
13 Ghent Dredging 9810 Nazareth-De Pinte €35.1m €38.6m €15.1m 44.8 2025
14 De Brandt 9200 Dendermonde €31.1m €26.2m €16.6m 90.4 2025
15 Balteau 4141 Sprimont €22.8m €50.2m €8.09m 103.6 2025
16 International Port Engineering and Management 2600 Antwerp €17.7m — €12.8m — 2025
17 Interconnector Zeebrugge Terminal 1040 Brussels €17.3m €38.9m €8.92m — 2025
18 Van Raak Louis 2381 Ravels €16.2m €13.8m €4.16m 30.7 2025
19 Heyrman - de Roeck 9120 Beveren-Kruibeke-Zwijndrecht €15.8m €17.4m €10.7m 19.4 2025
20 Aqua.COM 8680 Koekelare €13.3m €23.1m €9.71m 13.8 2025

“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.

See all 143 companies, full list →

Related sectors

← The whole Civil engineering sector (NACE 42)

Frequently asked questions

How many Construction of water projects companies are there in Belgium?

143 Belgian companies whose main activity falls under NACE code 4291 (Construction of water projects) have filed annual accounts with the National Bank.

What is the median solvency in Construction of water projects?

For financial year 2023, median solvency (equity over total assets) is 42.9%. The middle half of companies lies between 19.5% and 64.6% (122 companies).

What is the largest company in Construction of water projects?

By total assets, it is Jan De Nul (€2.66bn, financial year 2025).

Where are Construction of water projects companies based?

The municipalities with the most: Beveren-Kruibeke-Zwijndrecht (8), Beveren-Kruibeke-Zwijndrecht (6), Brussels (2).

Idonis

Analyse companies in Construction of water projects

Filter these companies by size, soundness and trend, follow them and get an alert when their accounts or publications change.

Open the full file →
Free account in 30 seconds, by email. No bank card.

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 11 Nov 2026.