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Water transport

Current registrations 215division 50: 1,246
Starters, 12 months 157.0 per 100 · Belgium 8.9
Bankruptcies, 12 months 14.7 per 1,000 registrations · Belgium 6.2
Employment (FTE) 57441 employers · latest accounts
Median age 15.6 yearsBelgium 8.1 years
E-invoicing via Peppol 87.4%188 of 215 companies in the Peppol Directory · Belgium 85.0%

5 companies file their annual accounts outside the standard format, for example in a sector format. Their figures and staff are missing from the employment, the medians and the largest employers.

Show the 5 companies

Filed accounts

NACE 50200 · financial year 2025 · 117 filed annual accounts
Median solvency
39.4%
division 42.7% · Belgium 46.1%
Median net result
€40,867
division €21,145 · Belgium €16,492
Median equity
€585,981
division €351,427 · Belgium €98,323
Loss-making
26.5%
division 31.7% · Belgium 26.7%
Negative equity
12.8%
division 14.7% · Belgium 12.4%
Median return on equity
11.1%
division 9.8% · Belgium 15.9%
Median liquidity
1.51
division 1.71 · Belgium 1.66
Filed late
37.6%
financial year 2024, 133 filings · division 40.8% · Belgium 38.4%
Missing or 90 days late
7.6%
of 132 companies with annual accounts · division 7.0% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 36.3%37.3%37.5%41.7%36.6%39.4%
Median net result €20,952€35,923€37,812€50,016€65,827€40,867

Hold your customer's or competitor's figures against them in the Sector benchmark

Bankruptcies

Bankruptcies, 5 years, still registered
1
0.47% of the registrations · Belgium 1.68%
Running bankruptcies
3
14.0 per 1,000 registrations

Recent bankruptcies

Date Company
15-06-2026 GRACE D. WORLD BUSINESS
BE 0729.893.227

Every bankruptcy in division 50, last 90 days

Spread across the country

by region and province · 172 of 215 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 131 · 76.2%
  • Wallonia 17 · 9.9%
  • Brussels 15 · 8.7%
  • Abroad 9 · 5.2%
fewer moremax 95

Largest employers

NACE 50200 as first main activity · staff from the latest accounts
  1. 1 BOSKALIS OFFSHORE TRANSPORT SERVICESAntwerp 85.5 FTEfinancial year 2025
  2. 2 Independent Container LineAntwerp 70.0 FTEfinancial year 2025
  3. 3 CMB.TECHAntwerp 47.4 FTEfinancial year 2024
  4. 4 SCALDIS SALVAGE & MARINE CONTRACTORSAntwerp 46.3 FTEfinancial year 2025
  5. 5 CLdN FerriesBruges 43.3 FTEfinancial year 2025

Joint committees

from the latest accounts of 51 companies
  • 226 White-collar workers in international trade, transport and logistics 38
  • 200 Auxiliary committee for white-collar workers 7
  • 100 Auxiliary committee for blue-collar workers 6
  • 139 Inland shipping 4
  • 140.03 Road transport and logistics for third parties 4
  • 316 Merchant navy 2
  • 112 Garages 1
  • 124 Construction 1
Show the 2 others
  • 140 Transport and logistics 1
  • 143 Sea fishing 1

Source: the annual accounts at the National Bank. One filing can name more than one committee.

Division 50: Water transport

Related activities

3 other activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Inland freight water transport50400 884 47 7 597
Water transport50100 96 7 0 131
Water transport50300 67 9 0 58

Bankruptcies per year in division 50

Per year201520162017201820192020202120222023202420252026
Bankruptcies1459643465565
Jobs lost3851464381276105

2026 through September. Every bankruptcy, also of companies that have since left the register. Source: Statbel (Directorate-General Statistics), NACE classification of 2008.

Staff cost per FTE in NACE division 50

85 employers
Median
€95,900
Belgium €61,400
Middle half
€70,500 to €123,900
half of the employers lie between
Place among sectors
1 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €96,200 €70,500 to €113,900 57
10 to 49 FTE €90,200 €68,600 to €111,500 22

Foreign control in NACE division 50

533 registered companies

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €2.1m awarded 54 recipients · 2022 to 2025 · largest: Subsidies in het kader van leerling-, student- en instellinggebonden ondersteuning
  • Federal transfers 2.0m amount as published 1 recipient · 2024 · largest: Gecombineerd en verspreid vervoer(cf. art. 2.33.2 van de algemene uitgavenbegroting)
  • EU budget €728,456 attributed share 1 recipient · 2022 to 2024 · largest: Horizon Europe
  • EU research €765,500 EU contribution 2 recipients · 2018 to 2023 · largest: Horizon Europe

Explore every recipient in this sector

Insights on Water transport

Balance sheet and result. The median net result of €40,867 is above Belgium's €16,492. Return on equity of 11.1% is below Belgium's 15.9%. Solvency of 39.4% is below Belgium's 46.1%.

Bankruptcies. The median bankruptcy probability of 0.2% is above Belgium's 0.2%.

Inflow and structure. Half of the companies are younger than 15.6 years, against 8.1 years in Belgium. 20.0% of the companies are sole traders, against 41.6% in Belgium. Flanders holds 80.4% of the seats, against 64.7% in Belgium.

Staff and filing. The 5 largest employers hold 292 of the 574 FTE: 50.9%.

Direction. Median solvency rose from 36.3% in financial year 2020 to 39.4% in financial year 2025. The median net result rose from €20,952 in financial year 2020 to €40,867 in financial year 2025.

The comparison with Belgium as a whole and with the other divisions is as of 10-11-2026 05:30.

Method and sources

Every company registered today counts under its main activities in the KBO. Establishment units do not count. Staff counts once, under the employer's first main activity, from its latest accounts and only where it fits the staff costs. The count follows the NACE 2025 classification, the version in which code 50200 exists.

The bankruptcies over five years count only companies still registered today, because the activity of a company that left the register is not kept. So they are fewer than the bankruptcies of those years, and the figure is not a probability for the future. Over twelve months the count is nearly complete, because a bankrupt company stays registered while its bankruptcy runs. A company with more than one main activity counts in each of those sectors.

The comparison with Belgium as a whole and with the other NACE divisions rests on an overview of every division, counted again each night. Each division is counted in the version of the NACE classification in which it exists. A standing such as "more than in 80%" compares with the other divisions that have the figure. A division's bankruptcy probability is the median over its companies with a score. Belgium here counts the 1,276,421 companies with a main activity, because only those belong to a division. The other 699,557 registrations publish no activity.

Each median is the value of the middle company, computed over the annual accounts of financial year 2025, and is shown only from 30 accounts. A share (loss-making, negative equity) counts that year's accounts with that trait. Accounts are late when they are filed after the statutory deadline. The direction per financial year follows the companies still registered today. Missing or 90 days late counts the companies with accounts missing today, or whose latest were filed more than 90 days after the deadline. The dossier follows the same rule.