12. Net revenue

12. Net revenue

Net revenue on work carried out in 2025, including the company’s share of revenue generated by the consolidated contracting consortiums (excluding value added tax), amounted to EUR 2,590 million (EUR 2,442 million).

2025

2024

The Netherlands

304,878

12%

255,849

10%

Rest of Europe

1,262,664

48%

1,150,153

47%

Africa

151,068

6%

210,832

9%

Americas

235,423

9%

346,649

14%

Middle East and Western Asia

327,926

13%

267,522

11%

Far East Asia and Oceania

307,771

12%

210,877

9%

2,589,730

100%

2,441,882

100%

2025

2024

Dredging & Infra

1,119,231

43%

1,363,189

56%

Offshore Energy

1,470,499

57%

1,078,693

44%

2,589,730

100%

2,441,882

100%

Next page

13. Cost of work

Other costs comprise of costs of auxiliary and raw materials, costs of subcontracted work, costs of local representatives, rental charges and maintenance costs for the equipment used and other project costs.

Read page
Next image