Inland freight water transport
Filed accounts
NACE 50400 · financial year 2025 · 180 filed annual accounts| Per financial year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Median solvency | 29.1% | 32.6% | 34.1% | 40.4% | 42.0% | 45.3% |
| Median net result | €16,407 | €24,070 | €35,872 | €22,995 | €24,837 | €24,250 |
Hold your customer's or competitor's figures against them in the Sector benchmark
Bankruptcies
Recent bankruptcies
| Date | Company |
|---|---|
| 09-10-2026 | Afrika World Services
BE 0786.468.971 |
| 08-10-2026 | BVS Scheepsservice & Crewing
BE 0785.359.114 |
| 21-09-2026 | DESIREE
BE 0876.755.482 |
| 06-07-2026 | VISHU SERVICE
BE 1005.088.066 |
| 03-07-2026 | MACHOU TRANSPORT & LOGISTICS
BE 1004.474.788 |
| 09-04-2026 | Apers, Kevin
BE 0556.997.556 · sole trader · Antwerp |
| 19-01-2026 | JEMA
BE 0443.012.856 |
| 15-10-2025 | Ras, Edgar
BE 0679.844.294 · sole trader · Antwerp |
Spread across the country
by region and province · 291 of 884 enterprises with a registered office on file · a sole trader has no published seat- Flanders
- Wallonia
- Brussels
- Abroad
The balance sheets of division 50 on the map, by municipality and down to the address
Largest employers
NACE 50400 as first main activity · staff from the latest accounts- 1 DB CARGO BELGIUMAntwerp 240 FTEfinancial year 2025
- 2 EUROPORTS INLAND TERMINALSLiège 69.2 FTEfinancial year 2025
- 3 BCTN MeerhoutMeerhout 63.7 FTEfinancial year 2025
- 4 SOMEFLiège 47.8 FTEfinancial year 2025
- 5 GITRAWijnegem 15.1 FTEfinancial year 2025
Joint committees
from the latest accounts of 55 companies- 139 Inland shipping 38
- 226 White-collar workers in international trade, transport and logistics 23
- 140.03 Road transport and logistics for third parties 6
- 200 Auxiliary committee for white-collar workers 5
- 100 Auxiliary committee for blue-collar workers 2
- 124 Construction 2
- 140 Transport and logistics 1
- 209 White-collar workers in metal manufacturing 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 |
|---|---|---|---|---|
| Water transport50200 | 215 | 15 | 1 | 574 |
| Water transport50100 | 96 | 7 | 0 | 131 |
| Water transport50300 | 67 | 9 | 0 | 58 |
Bankruptcies per year in division 50
| Per year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bankruptcies | 14 | 5 | 9 | 6 | 4 | 3 | 4 | 6 | 5 | 5 | 6 | 5 |
| Jobs lost | 38 | 5 | 14 | 6 | 4 | 3 | 8 | 12 | 7 | 6 | 10 | 5 |
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| Size | Median | Middle half | Employers |
|---|---|---|---|
| fewer than 10 FTE | €96,200 | €70,500 to €113,900 | 57 |
| 10 to 49 FTE | €90,200 | €68,600 to €111,500 | 22 |
Employers with the highest staff cost per FTE in this division All sectors by staff cost In the Analysis workbench
Foreign control in NACE division 50
533 registered companiesSubsidies in this sector
per register · legal entities with an enterprise number- Flemish subsidies €2.1m awarded
- Federal transfers 2.0m amount as published
- EU budget €728,456 attributed share
- EU research €765,500 EU contribution
Insights on Inland freight water transport
Balance sheet and result. Return on equity of 8.0% is below Belgium's 15.9%. The median net result of €24,250 is above Belgium's €16,492. Liquidity of 1.92 is above Belgium's 1.66.
Bankruptcies. In 12 months, 7.9 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is more than in 78% of the 88 NACE divisions. The median bankruptcy probability of 0.2% is below Belgium's 0.2%.
Inflow and structure. Half of the companies are younger than 19.0 years, against 8.1 years in Belgium. 67.1% of the companies are sole traders, against 41.6% in Belgium. In 12 months, 5.3 of 100 companies started, against 8.9 in Belgium. That is fewer than in 67% of the 87 NACE divisions.
Staff and filing. The 5 largest employers hold 435 of the 597 FTE: 72.9%.
Direction. Median solvency rose from 29.1% in financial year 2020 to 45.3% in financial year 2025. The median net result rose from €16,407 in financial year 2020 to €24,250 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 50400 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.