CMB TECH NV financials
Also U.S.-listed. CMB TECH NV is also a foreign private issuer filing with the U.S. SEC. View its EDGAR financials: CMBT — CMB.TECH NV
CMB TECH NV
Country: BE Reporting currency: USD Latest annual report: 2024-12-31
LEI:
549300D80RYON74MEJ03 ISIN: BE0003816338 Financial statements
(USD, as reported — unscaled; 121 line items across 3 annual periods)
| Line item | 2024 | 2023 | 2022 |
|---|---|---|---|
| Income statement | |||
| Revenue | $940.2M | $1.24B | $854.7M |
| Other income | $50.7M | $23.3M | $15.1M |
| Operating expenses | $623.5M | $661.2M | $671.7M |
| Raw materials & consumables used | $3.7M | $0 | $0 |
| Depreciation & amortisation | $2.9M | $1.6M | $1.0M |
| Operating profit (EBIT) | $1.00B | $969.7M | $294.3M |
| Net finance income / (cost) | -$130.7M | -$104.7M | -$105.9M |
| Finance costs | $169.3M | $171.9M | $133.0M |
| Profit before tax | $872.7M | $864.0M | $206.1M |
| Income tax expense | $1.9M | $6.0M | $2.8M |
| Profit for the year | $870.8M | $858.0M | $203.3M |
| — attributable to owners | $870.8M | $858.0M | $203.3M |
| Total comprehensive income | $869.8M | $826.3M | $234.5M |
| Per share | |||
| Basic EPS | $4.44 | $4.25 | $1.01 |
| Diluted EPS | $4.44 | $4.25 | $1.01 |
| Cash flow statement | |||
| Net cash from operating activities | $459.1M | $837.4M | $255.6M |
| Net cash from investing activities | -$680.2M | $869.7M | -$158.8M |
| Purchase of intangibles | $1.5M | $60.0K | $16.6M |
| Net cash from financing activities | -$173.0M | -$1.46B | -$62.9M |
| Dividends paid | $1.13B | $630.5M | $24.2M |
| Proceeds from borrowings | $2.72B | $2.69B | $1.27B |
| Repayments of borrowings | $1.18B | $2.93B | $976.7M |
| Lease liability payments | $33.9M | $21.9M | $25.5M |
| Net change in cash | -$394.1M | $246.2M | $33.8M |
| Balance sheet | |||
| Total assets | $3.91B | $3.42B | — |
| Non-current assets | $3.43B | $1.79B | — |
| Right-of-use assets | $1.9M | $32.9M | — |
| Current assets | $470.8M | $1.63B | — |
| Inventories | $26.5M | $22.5M | — |
| Trade & other receivables | $235.9M | $307.1M | — |
| Cash & equivalents | $38.9M | $429.4M | $179.9M |
| Total equity | $1.19B | $2.36B | $2.17B |
| Non-current liabilities | $2.32B | $637.2M | — |
| Lease liabilities (non-current) | $1.5M | $3.4M | — |
| Current liabilities | $392.7M | $424.8M | — |
| Lease liabilities (current) | $2.3M | $33.5M | — |
| Trade & other payables | $79.6M | $124.0M | — |
| Deferred tax liabilities | $438.0K | $0 | — |
| Derived metrics | |||
| Operating margin | 106.6% | 78.5% | 34.4% |
| Net margin | 92.6% | 69.5% | 23.8% |
| Return on equity | 73.0% | 36.4% | 9.4% |
| Cash conversion ratio | 0.53× | 0.98× | 1.26× |
| Other reported items | |||
| Adjusted Weighted Average Shares | 196.0M | 201.9M | 202.0M |
| Adjustments For Amortisation Expense | $2.9M | $1.6M | $1.0M |
| Adjustments For Decrease Increase In Inventories | $5.2M | $19.1M | $27.4M |
| Adjustments For Decrease Increase In Other Operating Receivables | $3.3M | $1.2M | -$4.6M |
| Adjustments For Decrease Increase In Trade Account Receivable | $95.9M | $43.0M | -$105.5M |
| Adjustments For Depreciation Expense | $163.1M | $219.4M | $221.6M |
| Adjustments For Finance Income Cost | -$130.7M | -$104.7M | -$105.9M |
| Adjustments For Gain Loss On Disposal of Investments In Subsidiaries Joint Ventures and Associates | $19.7M | $0 | $0 |
| Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | $1.8M | $0 | $0 |
| Adjustments For Income Tax Expense | $1.9M | $6.0M | $2.8M |
| Adjustments For Increase Decrease In Employee Benefit Liabilities | -$94.0K | $603.0K | -$39.0K |
| Adjustments For Increase Decrease In Other Operating Payables | $7.8M | $263.0K | -$2.1M |
| Adjustments For Increase Decrease In Trade Account Payable | -$14.9M | $17.3M | -$1.3M |
| Adjustments For Losses Gains On Disposal of Noncurrent Assets | -$635.0M | -$372.4M | -$95.8M |
| Adjustments For Provisions | -$325.0K | -$295.0K | -$262.0K |
| Adjustments For Undistributed Profits of Investments Accounted For Using Equity Method | $920.0K | -$927.0K | $17.6M |
| Adjustments To Reconcile Profit Loss Other Than Changes In Working Capital | -$355.5M | -$40.0M | $217.5M |
| Cash Flows From Losing Control of Subsidiaries Or Other Businesses Classified As Investing Activities | $822.0K | $0 | $0 |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | $1.15B | $0 | $0 |
| Comprehensive Income Attributable To Owners of Parent | $869.8M | $826.3M | $234.5M |
| Construction In Progress | $628.4M | $106.5M | — |
| Current Bonds Issued and Current Portion of Noncurrent Bonds Issued | $3.7M | $3.7M | — |
| Current Loans Received and Current Portion of Noncurrent Loans Received | $201.9M | $166.1M | — |
| Current Tax Assets Current | $4.0M | $869.0K | — |
| Current Tax Liabilities Current | $9.1M | $4.8M | — |
| Deferred Tax Assets | $10.1M | $280.0K | — |
| Depreciation Expense | $163.1M | $219.4M | $221.6M |
| Dividends Received Classified As Operating Activities | $1.1M | $0 | $3.0M |
| Dividends Recognised As Distributions To Owners Per Share | $1.15 | $4.57 | — |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | $3.6M | $3.3M | -$6.4M |
| Equity and Liabilities | $3.91B | $3.42B | — |
| Finance Income | $38.7M | $67.2M | $27.1M |
| Gains On Disposals of Property Plant and Equipment | $635.0M | $372.4M | $96.2M |
| General and Administrative Expense | $77.8M | $62.5M | $51.7M |
| Impairment Loss Recognised In Profit Or Loss | $1.8M | $0 | $0 |
| Income Taxes Paid Refund Classified As Operating Activities | $4.5M | $6.7M | -$2.8M |
| Increase Decrease In Working Capital | -$39.3M | -$105.9M | $82.7M |
| Increase Decrease Through Acquisition of Subsidiary | -$797.0M | — | — |
| Increase Decrease Through Sharebased Payment Transactions | — | -$1.5M | $1.5M |
| Increase Decrease Through Transactions With Owners | -$2.03B | -$642.3M | -$21.6M |
| Increase Decrease Through Treasury Share Transactions | -$126.9M | $5.4M | $1.1M |
| Intangible Assets Other Than Goodwill | $16.2M | $14.2M | — |
| Interest Paid Classified As Operating Activities | $109.1M | $130.4M | $99.7M |
| Interest Received Classified As Operating Activities | $17.1M | $50.6M | $11.4M |
| Investment Accounted For Using Equity Method | $61.8M | $518.0K | — |
| Issued Capital | $239.1M | $239.1M | — |
| Longterm Onerous Contracts Provision | $0 | $274.0K | — |
| Losses On Disposals of Property Plant and Equipment | $2.0K | $0 | $347.0K |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale | $165.6M | $871.9M | — |
| Noncurrent Portion of Noncurrent Loans Received | $1.45B | $362.2M | — |
| Noncurrent Portion of Noncurrent Notes and Debentures Issued | $198.9M | $198.2M | — |
| Noncurrent Portion of Other Noncurrent Borrowings | $667.4M | $71.2M | — |
| Noncurrent Prepayments | $1.7M | $0 | — |
| Noncurrent Provisions For Employee Benefits | $1.1M | $1.7M | — |
| Noncurrent Receivables | $75.1M | $2.9M | — |
| Other Cash Payments To Acquire Equity Or Debt Instruments of Other Entities Classified As Investing Activities | $45.0M | $0 | $0 |
| Other Comprehensive Income | -$1.1M | -$31.8M | $31.3M |
| Other Comprehensive Income Net of Tax Cash Flow Hedges | $1.0M | -$6.2M | $30.7M |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | -$2.3M | $259.0K | -$477.0K |
| Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans | $200.0K | -$116.0K | $942.0K |
| Other Current Borrowings and Current Portion of Other Noncurrent Borrowings | $95.7M | $92.3M | — |
| Other Noncurrent Payables | $0 | $146.0K | — |
| Other Property Plant and Equipment | $21.6M | $644.0K | — |
| Payments For Debt Issue Costs | $19.2M | $14.5M | $5.9M |
| Proceeds From Other Longterm Assets Classified As Investing Activities | $2.0M | $0 | $0 |
| Purchase of Other Longterm Assets Classified As Investing Activities | $5.0M | $1.4M | $164.0K |
| Reclassification Adjustments On Cash Flow Hedges For Which Hedged Item Affected Profit Or Loss Net of Tax | $0 | $25.7M | $0 |
| Repayments of Current Borrowings | $357.2M | $458.3M | $279.3M |
| Reserve of Cash Flow Hedges | $2.1M | $1.1M | — |
| Reserve of Exchange Differences On Translation | -$2.0M | $235.0K | — |
| Retained Earnings | $777.1M | $807.9M | — |
| Revenue and Operating Income | $1.63B | $1.63B | $966.0M |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Net of Tax | $0 | $0 | $159.0K |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | $920.0K | -$927.0K | $17.6M |
| Share Premium | $460.5M | $1.47B | — |
| Ships | $2.62B | $1.63B | — |
| Shortterm Onerous Contracts Provision | $274.0K | $324.0K | — |
| Treasury Shares | $284.5M | $157.6M | — |
| Weighted Average Shares | 196.0M | 201.9M | 201.7M |
Methodology
Every line item above is a fact tagged in CMB TECH 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 (USD), 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.