Azelis Group financials
Azelis Group
Country: BE Reporting currency: EUR Latest annual report: 2024-12-31
LEI:
699400M9RRMTV264FM70 Financial statements
(EUR, as reported — unscaled; 111 line items across 2 annual periods)
| Line item | 2024 | 2023 |
|---|---|---|
| Income statement | ||
| Revenue | €4.21B | €4.15B |
| Gross profit | €1.03B | €984.1M |
| Other income | €24.0M | €23.4M |
| Employee benefits expense | €314.6M | €303.8M |
| Raw materials & consumables used | €3.21B | €3.19B |
| Depreciation & amortisation | €73.4M | €66.8M |
| Operating profit (EBIT) | €385.9M | €386.9M |
| Net finance income / (cost) | -€129.8M | -€139.8M |
| Finance costs | €178.2M | €157.4M |
| Profit before tax | €256.1M | €247.2M |
| Income tax expense | €66.6M | €57.9M |
| Profit for the year | €189.5M | €189.3M |
| — attributable to owners | €180.7M | €177.7M |
| — attributable to NCI | €8.8M | €11.6M |
| Total comprehensive income | €246.5M | €86.1M |
| Per share | ||
| Basic EPS | €0.74 | €0.74 |
| Diluted EPS | €0.74 | €0.74 |
| Cash flow statement | ||
| Cash generated from operations | €369.2M | €617.6M |
| Net cash from operating activities | €322.9M | €525.1M |
| Income taxes paid | €61.1M | €103.2M |
| Net cash from investing activities | -€255.3M | -€600.1M |
| Net cash from financing activities | -€247.0M | €304.9M |
| Proceeds from borrowings | €1.28B | €768.1M |
| Repayments of borrowings | €1.24B | €453.4M |
| Lease liability payments | €38.1M | €28.7M |
| Net change in cash | -€179.4M | €230.0M |
| Balance sheet | ||
| Total assets | €5.76B | €5.57B |
| Non-current assets | €4.18B | €3.98B |
| Property, plant & equipment | €66.1M | €73.6M |
| Right-of-use assets | €161.5M | €123.0M |
| Intangible assets & goodwill | €2.54B | €2.41B |
| Current assets | €1.58B | €1.59B |
| Inventories | €677.9M | €562.8M |
| Trade & other receivables | €589.0M | €521.9M |
| Cash & equivalents | €303.9M | €484.9M |
| Total equity | €2.92B | €2.68B |
| — attributable to owners | €2.88B | €2.59B |
| Non-controlling interests | €44.0M | €86.6M |
| Non-current liabilities | €2.02B | €1.96B |
| Long-term borrowings | €1.61B | €1.55B |
| Lease liabilities (non-current) | €134.5M | €100.3M |
| Current liabilities | €818.9M | €939.8M |
| Short-term borrowings | €47.2M | €80.6M |
| Lease liabilities (current) | €29.3M | €26.3M |
| Deferred tax liabilities | €225.9M | €218.3M |
| Derived metrics | ||
| Operating margin | 9.2% | 9.3% |
| Net margin | 4.5% | 4.6% |
| Return on equity | 6.5% | 7.1% |
| Cash conversion ratio | 1.70× | 2.77× |
| Other reported items | ||
| Adjustments For Decrease Increase In Inventories | -€98.1M | €123.6M |
| Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | €114.9M | €101.1M |
| Adjustments For Finance Income Cost | -€129.8M | -€139.8M |
| Adjustments For Income Tax Expense | €66.6M | €57.9M |
| Adjustments For Increase Decrease In Trade and Other Payables | €22.7M | -€77.8M |
| Adjustments For Provisions | -€2.3M | €3.0M |
| Adjustments For Sharebased Payments | €1.3M | €1.4M |
| Adjustments For Undistributed Profits of Associates | €19.0K | €100.0K |
| Bank Overdrafts Classified As Cash Equivalents | €19.1M | €18.3M |
| Cash and Cash Equivalents If Different From Statement of Financial Position | €284.8M | €466.6M |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | €241.5M | €584.6M |
| Comprehensive Income Attributable To Noncontrolling Interests | €11.6M | €7.9M |
| Comprehensive Income Attributable To Owners of Parent | €234.8M | €78.2M |
| Current Tax Assets Current | €11.4M | €23.9M |
| Current Tax Liabilities Current | €20.2M | €11.5M |
| Deferred Tax Assets | €22.1M | €15.7M |
| Depreciation Expense | €41.5M | €34.3M |
| Dividends Paid To Equity Holders of Parent Classified As Financing Activities | €53.3M | €67.8M |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners | €54.9M | — |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share | €0.23 | — |
| Dividends Recognised As Distributions To Owners of Parent | €53.3M | €67.8M |
| Dividends Recognised As Distributions To Owners Per Share | €0.22 | — |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | €2.4M | €1.1M |
| Equity and Liabilities | €5.76B | €5.57B |
| Finance Income | €48.4M | €17.7M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss | -€6.6M | €0 |
| Income Tax Relating To Components of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss | €165.0K | -€17.0K |
| Increase Decrease Through Appropriation of Retained Earnings | €0 | €0 |
| Increase Decrease Through Sharebased Payment Transactions | €1.3M | €1.4M |
| Increase Decrease Through Transfers and Other Changes Equity | -€4.9M | €20.0M |
| Increase Decrease Through Treasury Share Transactions | -€2.5M | -€3.4M |
| Intangible Assets Other Than Goodwill | €1.39B | €1.35B |
| Interest Paid Classified As Financing Activities | €122.4M | €99.3M |
| Interest Received Classified As Operating Activities | €14.8M | €10.7M |
| Investments In Associates Accounted For Using Equity Method | €254.0K | €285.0K |
| Issue of Equity | — | €200.0M |
| Issued Capital | €5.88B | €5.88B |
| Liabilities | €2.84B | €2.90B |
| Noncurrent Provisions For Employee Benefits | €13.9M | €13.6M |
| Other Comprehensive Income | €57.0M | -€103.2M |
| Other Comprehensive Income Before Tax Exchange Differences On Translation | €50.1M | -€103.0M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | €471.0K | -€202.0K |
| Other Current Financial Assets | €604.0K | €60.0K |
| Other Expense By Nature | €215.6M | €192.3M |
| Other Inflows Outflows of Cash Classified As Financing Activities | -€8.6M | -€320.0K |
| Other Longterm Provisions | €2.5M | €3.2M |
| Other Noncurrent Financial Assets | €1.4M | €7.7M |
| Other Noncurrent Liabilities | €33.2M | €69.8M |
| Other Reserves | -€3.88B | -€3.93B |
| Other Shortterm Provisions | €2.5M | €3.7M |
| Payments For Debt Issue Costs | €13.0M | €8.1M |
| Payments For Share Issue Costs | €0 | €2.2M |
| Payments From Changes In Ownership Interests In Subsidiaries | €53.4M | €0 |
| Payments To Acquire Or Redeem Entitys Shares | €2.5M | €3.4M |
| Proceeds From Issuing Shares | €0 | €200.0M |
| Profit Loss From Continuing Operations | €189.5M | €189.3M |
| Retained Earnings Excluding Profit Loss For Reporting Period | €695.6M | €459.4M |
| Retained Earnings Profit Loss For Reporting Period | €180.7M | €177.7M |
| Revenue and Operating Income | €4.24B | €4.18B |
| Share Issue Related Cost | — | €2.2M |
| Share of Profit Loss of Associates Accounted For Using Equity Method | €19.0K | €100.0K |
| Trade and Other Payables | €700.6M | €799.5M |
Methodology
Every line item above is a fact tagged in Azelis Group's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (EUR), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.