BELFIUS BANK SA NV financials
BELFIUS BANK SA NV
Country: LU Reporting currency: EUR Latest annual report: 2024-12-31
LEI:
A5GWLFH3KM7YV2SFQL84 Financial statements
(EUR, as reported — unscaled; 146 line items across 2 annual periods)
| Line item | 2024 | 2023 |
|---|---|---|
| Income statement | ||
| Gross profit | €3.26B | €3.14B |
| Other income | €442.3M | €419.4M |
| Employee benefits expense | €717.1M | €678.8M |
| Depreciation & amortisation | €119.1M | €117.4M |
| Operating profit (EBIT) | €1.65B | €1.60B |
| Profit before tax | €1.51B | €1.49B |
| Income tax expense | €384.0M | €375.9M |
| Profit for the year | €1.13B | €1.12B |
| — attributable to owners | €1.13B | €1.11B |
| — attributable to NCI | €2.1M | €2.3M |
| Total comprehensive income | €966.8M | €702.7M |
| Per share | ||
| Basic EPS | €3.14 | €3.10 |
| Diluted EPS | €3.14 | €3.10 |
| Cash flow statement | ||
| Cash generated from operations | €2.03B | -€5.54B |
| Net cash from investing activities | -€622.1M | -€467.8M |
| Purchase of PP&E (capex) | €575.7M | €644.6M |
| Net cash from financing activities | €180.6M | -€169.5M |
| Dividends paid | €454.7M | €399.0M |
| Balance sheet | ||
| Total assets | €187.46B | €179.18B |
| Intangible assets & goodwill | €104.0M | €104.0M |
| Cash & equivalents | €23.46B | €21.87B |
| Total equity | €12.83B | €12.22B |
| — attributable to owners | €12.19B | €11.68B |
| Non-controlling interests | €45.6M | €37.9M |
| Deferred tax liabilities | €7.2M | €7.0M |
| Derived metrics | ||
| Return on equity | 8.8% | 9.1% |
| Other reported items | ||
| Accumulated Other Comprehensive Income | -€8.3M | €193.1M |
| Additional Paidin Capital | €209.2M | €209.2M |
| Adjustments For Decrease Increase In Loans and Advances To Banks | €581.3M | -€65.4M |
| Adjustments For Decrease Increase In Loans and Advances To Customers | -€4.91B | -€4.37B |
| Adjustments For Decrease Increase In Other Assets | -€103.8M | -€181.5M |
| Adjustments For Deferred Tax Expense | €1.73B | €1.12B |
| Adjustments For Depreciation and Amortisation Expense | €286.5M | €246.1M |
| Adjustments For Finance Income | €625.6M | -€106.4M |
| Adjustments For Finance Income Cost | -€1.18B | -€513.3M |
| Adjustments For Gains Losses On Change In Fair Value of Derivatives | €871.8M | €628.0M |
| Adjustments For Gains Losses On Fair Value Adjustment Investment Property | €35.2M | €14.4M |
| Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | -€33.6M | €26.6M |
| Adjustments For Increase Decrease In Deposits From Customers | €4.46B | -€4.78B |
| Adjustments For Increase Decrease In Other Liabilities | -€76.4M | €235.5M |
| Adjustments For Provisions | -€27.5M | -€31.5M |
| Adjustments For Reconcile Profit Loss | €148.8M | €276.6M |
| Adjustments For Undistributed Profits of Associates | €28.5M | €2.1M |
| Adjustments For Undistributed Profits of Investments Accounted For Using Equity Method | €50.5M | €8.9M |
| Cash and Bank Balances At Central Banks | €22.26B | €20.49B |
| Cash Outflow For Leases | €5.3M | €5.2M |
| Comprehensive Income Attributable To Noncontrolling Interests | €4.7M | €3.8M |
| Comprehensive Income Attributable To Owners of Parent | €962.1M | €1.16B |
| Current Tax Assets | €54.8M | €43.4M |
| Current Tax Expense Income | €319.0M | €305.0M |
| Current Tax Liabilities | €69.5M | €45.5M |
| Deferred Tax Assets | €447.4M | €451.2M |
| Deferred Tax Expense Income | €65.0M | €70.9M |
| Dividends Received Classified As Investing Activities | €4.1M | €12.8M |
| Dividends Received Classified As Operating Activities | €80.7M | €70.0M |
| Dividends Recognised As Distributions To Owners of Parent Relating To Prior Years | €441.1M | €385.4M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | €615.0K | €707.0K |
| Equity and Liabilities | €187.46B | €179.18B |
| Expense By Nature | €1.61B | €1.54B |
| Fee and Commission Expense | €222.8M | €201.4M |
| Fee and Commission Income | €1.05B | €980.3M |
| Finance Income Expenses From Reinsurance Contracts Held Recognised In Profit Or Loss | €2.2M | €2.3M |
| Financial Liabilities | €41.45B | €36.02B |
| Financial Liabilities At Amortised Cost | €28.32B | €23.60B |
| Financial Liabilities At Fair Value Through Profit Or Loss | €8.59B | €8.24B |
| Gains Losses Arising From Difference Between Previous Carrying Amount and Fair Value of Financial Assets Reclassified As Measured At Fair Value | €84.5M | €53.5M |
| Gains Losses On Cash Flow Hedges Before Tax | -€109.3M | -€21.5M |
| Gains Losses On Cash Flow Hedges Net of Tax | -€80.6M | -€16.2M |
| Gains Losses On Disposals of Investments | €54.4M | -€7.2M |
| General and Administrative Expense | €541.3M | €517.4M |
| Impairment Loss On Financial Assets | €133.3M | €109.2M |
| Impairment Loss Recognised In Profit Or Loss Goodwill | €0 | €0 |
| Income Expenses From Reinsurance Contracts Held Other Than Finance Income Expenses | -€43.7M | -€29.1M |
| Income Tax Relating To Cash Flow Hedges of Other Comprehensive Income | €28.7M | €5.3M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss | €42.4M | €3.1M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss | €15.6M | -€2.6M |
| Income Tax Relating To Financial Assets Measured At Fair Value Through Other Comprehensive Income | -€1.3M | -€111.0M |
| Income Tax Relating To Insurance Finance Income Expenses From Insurance Contracts Issued of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss | €15.1M | €108.8M |
| Income Tax Relating To Investments In Equity Instruments of Other Comprehensive Income | €6.1M | -€652.0K |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | €9.6M | -€1.9M |
| Income Taxes Paid Refund Classified As Operating Activities | €306.4M | €338.7M |
| Increase Decrease In Cash and Cash Equivalents | €1.59B | -€6.18B |
| Increase Decrease In Reinsurance Assets | €1.7M | €4.6M |
| Insurance Contracts Issued That Are Assets | €0 | €0 |
| Insurance Contracts Issued That Are Liabilities | €11.79B | €11.41B |
| Insurance Finance Income Expenses | -€273.6M | -€238.7M |
| Insurance Finance Income Expenses From Insurance Contracts Issued Recognised In Profit Or Loss | -€275.9M | -€241.0M |
| Insurance Revenue | €1.21B | €1.19B |
| Insurance Service Expenses From Insurance Contracts Issued | €937.8M | €880.0M |
| Insurance Service Result | €232.4M | €277.5M |
| Intangible Assets Other Than Goodwill | €364.6M | €327.0M |
| Interest Expense | €5.80B | €4.44B |
| Interest Paid Classified As Operating Activities | €4.62B | €3.89B |
| Interest Received Classified As Operating Activities | €7.49B | €6.96B |
| Investment Accounted For Using Equity Method | €205.5M | €161.5M |
| Issued Capital | €3.46B | €3.46B |
| Liabilities | €174.62B | €166.96B |
| Liabilities Due To Central Banks | €0 | €1.43B |
| Liabilities Included In Disposal Groups Classified As Held For Sale | €0 | €0 |
| Loans and Advances To Banks | €4.50B | €5.27B |
| Loans and Advances To Customers | €119.59B | €114.53B |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | €9.7M | €16.6M |
| Number of Shares Authorised | 0.0M | 0.0M |
| Number of Shares Issued and Fully Paid | 359.4M | 359.4M |
| Number of Shares Issued But Not Fully Paid | 0.0M | 0.0M |
| Number of Shares Outstanding | 359.4M | 359.4M |
| Other Assets | €1.06B | €967.2M |
| Other Comprehensive Income | -€162.2M | -€414.1M |
| Other Comprehensive Income Before Tax | -€220.3M | €49.3M |
| Other Comprehensive Income Before Tax Financial Assets Measured At Fair Value Through Other Comprehensive Income | €4.6M | €443.7M |
| Other Comprehensive Income Before Tax Gains Losses From Investments In Equity Instruments | -€17.0M | €54.4M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | -€38.3M | €7.8M |
| Other Comprehensive Income Before Tax Insurance Finance Income Expenses From Insurance Contracts Issued Excluded From Profit Or Loss That Will Be Reclassified To Profit Or Loss | -€60.2M | -€435.1M |
| Other Comprehensive Income Net of Tax Financial Assets Measured At Fair Value Through Other Comprehensive Income | €3.3M | €332.7M |
| Other Comprehensive Income Net of Tax Gains Losses From Investments In Equity Instruments | -€11.0M | €53.7M |
| Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans | -€28.7M | €5.8M |
| Other Comprehensive Income Net of Tax Insurance Finance Income Expenses From Insurance Contracts Issued Excluded From Profit Or Loss That Will Be Reclassified To Profit Or Loss | -€45.2M | -€326.3M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Before Tax | -€164.9M | -€12.9M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | -€122.5M | -€9.8M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Before Tax | -€55.3M | €62.1M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | -€39.7M | €59.6M |
| Other Expense By Nature | €578.5M | €633.6M |
| Other Inflows Outflows of Cash Classified As Operating Activities | €789.0M | -€498.6M |
| Other Liabilities | €1.61B | €1.68B |
| Payments of Other Equity Instruments | €393.1M | €0 |
| Proceeds From Issue of Subordinated Liabilities | €531.7M | €496.0M |
| Proceeds From Issuing Other Equity Instruments | €496.7M | €0 |
| Proceeds From Sales of Interests In Associates | €0 | €4.3M |
| Proceeds From Sales of Investments Accounted For Using Equity Method | €251.8M | €110.6M |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | €119.1M | €150.9M |
| Profit Loss From Continuing Operations | €1.13B | €1.12B |
| Profit Loss From Discontinued Operations | €0 | €0 |
| Provisions | €506.3M | €485.9M |
| Purchase of Interests In Associates | €22.8M | €833.0K |
| Purchase of Interests In Investments Accounted For Using Equity Method | €394.5M | €88.1M |
| Reinsurance Contracts Held That Are Assets | €97.5M | €97.8M |
| Reinsurance Contracts Held That Are Liabilities | €0 | €0 |
| Repayments of Subordinated Liabilities | €0 | €266.5M |
| Reserve of Insurance Finance Income Expenses From Insurance Contracts Issued Excluded From Profit Or Loss That Will Not Be Reclassified To Profit Or Loss | €308.5M | €353.7M |
| Revenue From Dividends | €76.7M | €57.3M |
| Revenue From Interest | €8.14B | €6.87B |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | €50.5M | €7.5M |
| Shares In Entity Held By Entity Or By Its Subsidiaries Or Associates | 0.0M | 0.0M |
| Shares Reserved For Issue Under Options and Contracts For Sale of Shares | 0.0M | 0.0M |
| Subordinated Liabilities | €2.32B | €1.78B |
| Treasury Shares | €0 | €0 |
Methodology
Every line item above is a fact tagged in BELFIUS BANK SA NV'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.