ageas SA/NV (EBR:AGS)

ageas Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Investments in Debt Securities	47,000	46,886	46,718	45,269	53,937	58,522
Investments in Equity & Preferred Securities	7,786	8,051	7,502	7,148	10,995	9,801
Policy Loans	-	-	-	-	527	462
Other Investments	-	-	-	-	2	3
Total Investments	80,683	80,919	79,164	76,532	77,112	79,139
Cash & Equivalents	3,563	2,076	1,875	1,176	1,937	2,241
Reinsurance Recoverable	741	618	653	677	937	751
Other Receivables	6,612	9,351	9,856	9,509	7,962	7,873
Deferred Policy Acquisition Cost	-	-	-	-	418	408
Separate Account Assets	-	-	-	-	18,899	17,088
Property, Plant & Equipment	2,605	2,579	2,411	2,227	1,732	1,827
Goodwill	-	642	607	603	616	602
Other Intangible Assets	1,675	984	873	813	673	582
Other Current Assets	125	293	279	4,462	456	560
Long-Term Deferred Tax Assets	846	899	901	1,174	100	98
Long-Term Deferred Charges	-	-	-	-	114	96
Other Long-Term Assets	2,628	94	74	119	183	153
Total Assets	99,478	98,455	96,693	97,292	111,139	111,418
Accounts Payable	-	310	236	236	213	261
Accrued Expenses	2,618	559	527	404	910	906
Insurance & Annuity Liabilities	64,370	64,829	64,054	62,572	59,339	61,645
Unpaid Claims	-	-	-	-	6,110	5,747
Unearned Premiums	-	-	-	-	1,730	1,614
Reinsurance Payable	-	-	-	-	25	31
Current Portion of Long-Term Debt	-	266	249	235	834	27
Current Portion of Leases	-	85	78	67	80	82
Short-Term Debt	2,358	2,055	2,560	2,135	2,078	2,319
Current Income Taxes Payable	-	86	58	87	16	89
Long-Term Debt	4,145	3,366	3,300	3,248	2,906	3,796
Long-Term Leases	710	636	578	563	480	488
Long-Term Deferred Tax Liabilities	390	397	412	417	971	1,105
Separate Account Liability	-	-	-	-	18,901	17,090
Other Current Liabilities	-	24	139	4,190	151	118
Other Long-Term Liabilities	15,748	15,925	14,956	14,282	1,101	1,142
Total Liabilities	90,339	89,658	88,194	89,356	96,967	97,644
Common Stock	1,590	1,502	1,502	1,502	1,502	1,502
Additional Paid-In Capital	2,513	2,051	2,051	2,051	2,051	2,051
Retained Earnings	698	1,125	959	1,143	845	1,141
Comprehensive Income & Other	3,276	3,074	2,910	2,279	7,516	6,861
Total Common Equity	8,077	7,752	7,422	6,975	11,914	11,555
Minority Interest	1,062	1,045	1,077	961	2,258	2,219
Shareholders' Equity	9,139	8,797	8,499	7,936	14,172	13,774
Total Liabilities & Equity	99,478	98,455	96,693	97,292	111,139	111,418
Filing Date Shares Outstanding	191.07	182.11	183.67	183.66	185.74	186.96
Total Common Shares Outstanding	191.07	182.11	183.67	183.66	185.74	186.96
Total Debt	7,213	6,408	6,765	6,248	6,378	6,712
Net Cash (Debt)	-3,650	-4,332	-4,890	-5,072	-4,441	-4,471
Net Cash Per Share	-19.80	-23.60	-26.60	-27.52	-23.76	-23.77
Book Value Per Share	42.27	42.57	40.41	37.98	64.14	61.80
Tangible Book Value	6,402	6,126	5,942	5,559	10,625	10,371
Tangible Book Value Per Share	33.51	33.64	32.35	30.27	57.20	55.47
Land	-	2,603	2,508	2,322	1,889	1,928
Machinery	-	432	443	370	334	345
Leasehold Improvements	-	81	62	47	28	28

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.