15. Employee benefits

15. Employee benefits

Wages, salaries, social security contributions and pension costs in 2025 for employees of Van Oord and its Group companies amounted to EUR 458 million (EUR 426 million). This is related to an average of 4,492 (4,272) employees in full-time equivalents and can be broken down as follows:

2025

2024

Wages and salaries

371,111

348,232

Social security contributions

43,854

37,767

Pension costs

42,626

40,339

457,591

426,338

These costs only relate to employees on our own payrolls. Annual pension charges are equal to the pension contributions payable to the pension administrator. Remuneration of the members of the Supervisory Board and (former) statutory directors totalled EUR 5.0 million (EUR 3.7 million):

  • Supervisory Board EUR 0.5 million (EUR 0.5 million); and

  • (Former) statutory directors EUR 4.5 million (EUR 3.2 million).

2025

2024

Employed in the Netherlands

3,014

48%

2,913

50%

Employed outside the Netherlands

1,478

23%

1,359

23%

4,492

71%

4,272

73%

Hired personnel

1,808

29%

1,591

27%

6,300

100%

5,863

100%

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16. Interest income and expense

Interest income amounting to EUR 15.9 million (EUR 14.5 million) concerns mainly interest income from short-term deposits.

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