Skip to content

Centrale der Werkgevers aan de Haven van Antwerpen

Active Cooperative companyfounded 1929active for 97 yearsBrouwersvliet 33, 2000 AntwerpKBO/BCE: BE 0404.759.323 #1 employer in Belgium, Warehousing and transport support sector

Lifetime

20 annual accounts with figures on one time axis, 49 filings since 1977
peak €819.7m (2025)
€819.7m▲ 0.9%
lowest -€3.1m (2024)
€2.4m▲ €5.5m
peak €8.3m (2023)
€7.5m▲ 46.5%
€247.9m▲ 5.5%
peak 10,566.9 FTE (2023)
10,218.5 FTE▼ 2.0%
Board46 names since 1993all names
13 directorsPSA Antwerp NV and 12 others
Owners2 names in the annual accounts
  
Documentsfilings and deeds
07-05-202685 days before the deadline
2025financial year
Back to profit: €2.4m12 directors appointed, 13 resignations, 1 statutory auditor… 13-06Permanent representatives: Werner Cramers, Rudi Hanot, Dirk V… 11-02Equity from €5.1m to €7.5m

Key points

from the 2025 annual accounts

Result

€2.4m €2.4m
-€3.1m2024€2.4m2025

Back in profit in 2025, after a loss of €3.1m in 2024.

Debts

€247.9m 96% of the balance sheet
Suppliers 20%Taxes and wages 69%Other 11%

Of this, €245.8m falls due within a year.

Payment terms

1,304 days to suppliers
Suppliers
1472 to 1304
Customers
41 to 36

Centrale der Werkgevers aan de Haven van Antwerpen pays its suppliers 168 days earlier than in 2024. Customers pay 5 days earlier.

Filings

49 annual accounts since 1977
AprilJune31 JulyOctober1980199520102025

The last five annual accounts were filed 77 to 88 days before the end of the period.

Position in the sector

2.9%

Lower solvency than 88% of companies in warehousing and transport support. Sector median 37.3% · 864 companies.

Checked score

83
Excellent
Financially stronger than 42% of large companies in warehousing and transport support (NACE 52)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.5% across 66 companies (NACE 52, large).

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.5%▲ +0.1 percentage points vs 05-2025highest value 07-2025: 0.5%● unchanged vs 06-2025highest value 08-2025: 0.5%● unchanged vs 07-2025highest value 09-2025: 0.5%● unchanged vs 08-2025highest value 10-2025: 0.5%● unchanged vs 09-2025highest value 11-2025: 0.5%● unchanged vs 10-2025highest value 12-2025: 0.5%● unchanged vs 11-2025highest value 01-2026: 0.5%● unchanged vs 12-2025highest value 02-2026: 0.4%▼ -0.1 percentage points vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026lowest value 07-2026: 0.4%● unchanged vs 06-2026lowest value 08-2026: 0.4%● unchanged vs 07-2026lowest value 09-2026: 0.4%● unchanged vs 08-2026lowest value 10-2026: 0.4%● unchanged vs 09-2026lowest value 11-2026: 0.4%● unchanged vs 10-2026lowest value

Financial strength
Weak

28+1equity 2.9% of total assets
50=short-term debt 95.4% · cash 57.2%
54+37return on assets 0.9%

Score breakdown

raises risk
Equity €7.5m (2.9% of total assets)
Sector: Warehousing and support activities for transportation (NACE 52)
lowers risk
Liquidity: current ratio 0.96, cash €147.3m
Size: turnover €819.7m, 10,218.5 FTE, total assets €257.5m
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 52, large). It does better than 17% of them on solvency, 65% on liquidity, 35% on profitability and 51% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 179 companies had the same profile as Centrale der Werkgevers aan de Haven van Antwerpen has now. Each dot is one company, two years later.

97.2%
were still trading
1.7%
stopped another way
1.1%
went bankrupt
  • Large
  • solvency under 10%
  • a profit under 5% of the balance sheet
  • without age

That fits the bankruptcy probability of Centrale der Werkgevers aan de Haven van Antwerpen itself: 0.4% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 179 companies, not a prediction for Centrale der Werkgevers aan de Haven van Antwerpen. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €600,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.96 (0.94 in 2024), below 1. Short-term debt is 95.4% and cash 57.2% of total assets. 97.1% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Equity €7.5m (2.9% of total assets)
NBB · annual accounts
raises risk · Sector: Warehousing and support activities for transportation (NACE 52)
KBO
lowers risk · Liquidity: current ratio 0.96, cash €147.3m
NBB · annual accounts
lowers risk · Size: turnover €819.7m, 10,218.5 FTE, total assets €257.5m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 864 sector peers (2025).
NBB · sector comparison
Position among 864 sector peers
Solvency
better than 12%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-05-2026, 85 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
85 days early
2024
77 days early
2023
79 days early
2022
83 days early
2021
88 days early
2020
82 days early
2019
81 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 82 days before the deadline. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 May (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

YP
Managing director
AT
Antwerp Terminals Services
Director, since 29-04-2025
DW
DP World Antwerp Terminals NV
Director, Dirk Van den Bosch, since 29-04-2025
EB
Euroports Belgium nv
Director, Rudi Hanot
KN
Katoen Natie NV
Director, Patrick Naenen, since 29-04-2025
and 8 others

Shares in 2 companies, Silvius BSC and ALFAPASS

Board & ownership

Recent changes

Permanent representatives: Erik Desmet and Eduard Cioran Board meeting of 19-06-2026 · Gazette deed
Permanent representative: Tom Kolba Board meeting of 03-04-2026 · Gazette deed
12 directors appointed, 13 resignations, 1 statutory auditor reappointed Resignations: Paul Valkeniers, DP WORLD ANTWERP TERMINALS NV, EUROPORTS TERMINALS ANTWERP NV, PSA ANTWERP NV, MSC PSA EUROPEAN TERMINAL NV, ANTWERP TERMINAL SERVICES NV and 7 others · Permanent representatives: Dirk Van den Bosch, Rudi Hanot, Jurgen De Wachter, Dirk Oellibrandt, Johan Van Daele, Cameron Thorpe and 9 others · Reappointment: EY BEDRIJFSREVISOREN BV (statutory auditor) · General meeting of 29-04-2025 · Gazette deed
Permanent representatives: Werner Cramers, Rudi Hanot, Dirk Van den Bosch and Nawaf Abdulla Board meeting of 07-11-2024 · Gazette deed
All 89 events

Comparable companies

same main activity, similar in size and age
Company
Centrale der Werkgevers aan de Haven van Antwerpen Antwerp €819.7m 0.1% 2.9% 10,218.5
ANTWERP GATEWAY Beveren-Kruibeke-Zwijndrecht €218.0m 21.6% 24.4% -
INTERNATIONAL CAR OPERATORS Bruges €226.0m 18.5% 74.5% 330.9
TABAKNATIE Antwerp €110.2m 6.5% 47.1% 239.2
AERTSSEN LIFTING Stabroek €66.7m -0.4% 18.4% 340.1
BRABO, HAVENLOODSEN EN BOOTLIEDEN Antwerp €50.5m 11.9% 56.1% 318.5
MSC PSA EUROPEAN TERMINAL Antwerp €471.6m 10.5% 20.0% 163.9
-10%0%10%20%€50m€100m€200m€500mCentrale der Werkgevers aan de Haven van AntwerpenEBIT margin

Grey: the largest companies of the sector (warehousing and transport support (NACE 52)), without their names. Blue: the sector peers from the table.

These companies have the same main activity as Centrale der Werkgevers aan de Haven van Antwerpen: warehousing and support activities for transportation (NACE 52241). They are comparable in size and age: total assets between €51m and €594m, founded between 1931 and 2014.

Official details

Source: KBO
Status
Active since 22-03-1929Normal situation
Registered office
30 active companies are registered at this addressSource: KBO register, as of 9 November 2026.
Activity
Warehousing and support activities for transportationNACE 52241and 1 other
Joint committees
226White-collar workers in international trade, transport and logistics
301.01Ports
100Auxiliary committee for blue-collar workers · annual accounts 2025
Establishment unit
2.003.038.7162000 Antwerp, since 22-03-1929
Financial year end
31 December
Peppol
Reachable since 26-07-2024
Company details

Annual accounts 2025

€257.5m▲ 6.5%
Employeeson 31-12-2025
10,351▼ 0.2%
Filing
Filed on 07-05-2026, 85 days before the end of the filing period
Financials

Insights on Centrale der Werkgevers aan de Haven van Antwerpen

Centrale der Werkgevers aan de Haven van Antwerpen has existed since 1929. Turnover grew from €563.1m in 2006 to €819.7m in 2025.

Turnover has grown every year since 2020.

In June 2025, four directors stepped down.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Centrale der Werkgevers aan de Haven van Antwerpen

What is the company number of Centrale der Werkgevers aan de Haven van Antwerpen?
The company number of Centrale der Werkgevers aan de Haven van Antwerpen is 0404.759.323. The VAT number is the same number with BE in front: BE 0404.759.323.
Where is Centrale der Werkgevers aan de Haven van Antwerpen based?
The registered office is at Brouwersvliet 33, 2000 Antwerp.Company details
What does Centrale der Werkgevers aan de Haven van Antwerpen do?
According to the KBO register, the main activity is warehousing and support activities for transportation (NACE 52241).
What is the legal form of Centrale der Werkgevers aan de Haven van Antwerpen?
Centrale der Werkgevers aan de Haven van Antwerpen is a cooperative company (CV).
When was Centrale der Werkgevers aan de Haven van Antwerpen founded?
Centrale der Werkgevers aan de Haven van Antwerpen was founded on 22-03-1929.
Is Centrale der Werkgevers aan de Haven van Antwerpen still active?
Yes, Centrale der Werkgevers aan de Haven van Antwerpen is an active enterprise in the KBO register.
How many employees does Centrale der Werkgevers aan de Haven van Antwerpen have?
Centrale der Werkgevers aan de Haven van Antwerpen had an average of 10,218.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Centrale der Werkgevers aan de Haven van Antwerpen fall under?
In its 2025 annual accounts, Centrale der Werkgevers aan de Haven van Antwerpen states joint committees 226 (White-collar workers in international trade, transport and logistics), 301.01 (Ports) and 100 (Auxiliary committee for blue-collar workers).
What is the turnover of Centrale der Werkgevers aan de Haven van Antwerpen?
The turnover of Centrale der Werkgevers aan de Haven van Antwerpen was €819.7m in financial year 2025, according to the filed annual accounts.
Is Centrale der Werkgevers aan de Haven van Antwerpen profitable?
In financial year 2025, Centrale der Werkgevers aan de Haven van Antwerpen made a profit of €2.4m.
Where can I find the annual accounts of Centrale der Werkgevers aan de Haven van Antwerpen?
Centrale der Werkgevers aan de Haven van Antwerpen filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Centrale der Werkgevers aan de Haven van Antwerpen due?
Centrale der Werkgevers aan de Haven van Antwerpen must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.