Sector · NACE 5020

Sea and coastal freight water transport

137 Belgian companies whose main activity falls under NACE code 5020 have filed annual accounts. Their median solvency is 35.9% for financial year 2024.

Companies137
Median solvency35.9%
Median equity416,407 €
Median headcount (FTE)4.2
Founded in the last 3 years5

Sector medians

Computed by Idonis

Distribution across the sector's companies for financial year 2024: a quarter of companies sit below the 1st quartile, half below the median, three quarters below the 3rd quartile.

Indicator1st quartileMedian3rd quartileCompanies
Solvency 12.9%35.9%79.7% 123
Current ratio 0.641.392.91 117
ROE 1.9%16.2%48.9% 101
Equity 36,783 €416,407 €€3.85m 124
Total assets 257,282 €€1.07m€8.41m 124
Net result −3,743 €49,116 €708,665 € 123
Headcount (avg FTE) 1.94.214.2 54

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: Sea and coastal freight water transport

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 Independent Container Line 2018 Antwerp €163.2m €386.4m €104.7m 70.0 2025
9 Bocimar International 2000 Antwerp €161.8m €108.4m €84.6m 15.4 2025
10 Conti-Lines 2610 Antwerp €90.5m €43.3m €36.3m 6.8 2025
11 EBE 2600 Antwerp €79.1m €17.5m €47.7m 84.3 2025
12 CMB.TECH International 2000 Antwerp €69.1m €18.5m €9.79m — 2025
13 KLN Freight (Belgium) 2100 Antwerp €52.4m €11.2m €51.0m 12.6 2025
14 Exmar Marine 2000 Antwerp €50.7m €15.9m €23.0m 17.9 2025
15 CLdN 8380 Bruges €46.6m €1.42m €45.1m — 2025
16 CLdN Ferries 8380 Bruges €42.1m €13.5m €25.2m 43.3 2025
17 Fast Lines Belgium 2000 Antwerp €38.1m €15.6m €19.0m 8.5 2025
18 Exmar Shipmanagement 2000 Antwerp €35.5m €9.29m €7.22m 63.5 2025
19 Michand 2970 Schilde €31.7m — €6.59m 4.3 2025
20 Scaldis Salvage & Marine Contractors 2030 Antwerp €29.4m €87.4m €11.2m 46.3 2025

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

See all 137 companies, full list →

Where are they based?

  • Antwerp84
  • East Flanders12
  • West Flanders11
  • Brussels-Capital10
  • Flemish Brabant5
  • Walloon Brabant4
  • Hainaut4
  • Liège3
  • Namur1
  • Luxembourg1
  • Limburg1

Municipalities with the most

Related sectors

← The whole Water transport sector (NACE 50)

Frequently asked questions

How many Sea and coastal freight water transport companies are there in Belgium?

137 Belgian companies whose main activity falls under NACE code 5020 (Sea and coastal freight water transport) have filed annual accounts with the National Bank.

What is the median solvency in Sea and coastal freight water transport?

For financial year 2024, median solvency (equity over total assets) is 35.9%. The middle half of companies lies between 12.9% and 79.7% (123 companies).

What is the largest company in Sea and coastal freight water transport?

By total assets, it is CMB.TECH Belgium (€3.09bn, financial year 2025).

Where are Sea and coastal freight water transport companies based?

The municipalities with the most: Antwerp (33), Antwerp (8), Antwerp (6).

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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.