NV Bekaert Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	526.6	504.38	631.69	728.1	677.27
Short-Term Investments	1.05	2.31	1.24	4.77	80.06
Trading Asset Securities	2.53	0.44	1.03	5.69	1.42
Cash & Short-Term Investments	530.18	507.13	633.96	738.56	758.74
Cash Growth	4.54%	-20.00%	-14.16%	-2.66%	-23.80%
Accounts Receivable	545.3	609.77	608.5	770.55	791.94
Other Receivables	126.57	133.47	102.37	153.38	159.58
Receivables	673.18	745.05	712.56	927.23	954.92
Inventory	735.16	833.99	788.51	1,143	1,121
Other Current Assets	56.55	65.4	59.88	45.36	36.69
Total Current Assets	1,995	2,152	2,195	2,854	2,872
Property, Plant & Equipment	1,161	1,345	1,253	1,369	1,386
Long-Term Investments	243.86	257.34	269.85	262.59	221.99
Goodwill	164.59	166.41	152.07	152.57	150.67
Other Intangible Assets	93.52	93.76	69.62	64.85	59.85
Long-Term Deferred Tax Assets	107.45	116.29	120.78	104.37	119.24
Other Long-Term Assets	36.25	31.4	21.02	21.91	30.04
Total Assets	3,802	4,162	4,081	4,829	4,839
Accounts Payable	637.67	668.11	632.95	921.11	1,062
Accrued Expenses	133.49	153.4	170.31	190.59	210.24
Current Portion of Long-Term Debt	320.57	284.85	230.81	480.79	219.22
Current Portion of Leases	23.69	24.26	21.57	20	20.22
Current Income Taxes Payable	62.23	71.53	57.78	66.18	86.13
Other Current Liabilities	55.41	46.48	34.78	45.55	37.86
Total Current Liabilities	1,233	1,249	1,148	1,724	1,636
Long-Term Debt	301.54	421.27	581.51	678.21	897.27
Long-Term Leases	70.82	74.95	65.14	57.2	56.43
Pension & Post-Retirement Benefits	38.27	46.46	57.05	68.04	75.97
Long-Term Deferred Tax Liabilities	36.19	31.32	35.62	44.02	52.06
Other Long-Term Liabilities	24.73	27.49	27.67	28.07	24.04
Total Liabilities	1,705	1,850	1,915	2,600	2,742
Common Stock	159.78	159.78	161.15	173.74	177.92
Additional Paid-In Capital	39.52	39.52	39.52	39.52	38.85
Retained Earnings	2,103	2,249	2,132	2,115	1,982
Treasury Stock	-68.54	-81.5	-76.9	-139.31	-95.52
Comprehensive Income & Other	-171.15	-108.95	-142.84	-96.45	-136.44
Total Common Equity	2,062	2,258	2,113	2,093	1,967
Minority Interest	35.14	53.69	53.16	136.85	130.97
Shareholders' Equity	2,097	2,312	2,166	2,230	2,098
Total Liabilities & Equity	3,802	4,162	4,081	4,829	4,839
Total Debt	716.63	805.33	899.04	1,236	1,193
Net Cash (Debt)	-186.45	-298.2	-265.08	-497.64	-434.4
Net Cash Per Share	-3.67	-5.68	-4.92	-8.78	-7.54
Filing Date Shares Outstanding	49.47	52.05	52.59	54.65	57.31
Total Common Shares Outstanding	49.47	52.05	52.59	54.65	57.31
Working Capital	762.01	902.95	1,047	1,130	1,236
Book Value Per Share	41.69	43.38	40.17	38.29	34.32
Tangible Book Value	1,804	1,998	1,891	1,875	1,756
Tangible Book Value Per Share	36.47	38.38	35.96	34.32	30.65
Land	1,148	1,227	1,159	1,267	1,215
Machinery	3,059	3,176	3,012	3,157	3,068
Construction In Progress	135.04	208.77	180.43	184.11	151.09

Source: S&P Global Market Intelligence. Standard template. Financial Sources.