10. Other liabilities

10. Other liabilities

31 December 2025

31 December 2024

Trade creditors

146,407

291,234

Other taxes and social security contributions

38,941

32,173

Various other liabilities

96,756

91,465

Accruals and deferred income

431,181

489,323

713,285

904,195

Various other liabilities are mainly related to payroll accruals, such as holiday allowances and bonusses. Accruals and deferred income mainly concern accruals for project cost, but at year-end 2024 also included accruals in relation to investments.

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Financial instruments

Van Oord N.V. and its Group companies use various financial instruments as part of their normal business activities. These are either accounted for under assets and liabilities or are not included in the balance sheet.

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