Home Invest Belgium Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Rental Revenue	36.74	36.51	34.79	31.46	27.54	26.57
Tenant Reimbursements	1.29	1.37	1.17	1.09	1.62	1.27
Other Revenue	1.64	1.58	0.65	4.05	2.25	2.47
Total Revenue	39.67	39.46	36.62	36.6	31.4	30.3
Revenue Growth (YoY	4.58%	7.74%	0.06%	16.56%	3.62%	10.14%
Property Expenses	7.13	7.22	7.56	7.29	7.14	7.15
Selling, General & Administrative	3.16	3.07	3.41	3.02	2.59	3.02
Other Operating Expenses	0.48	0.21	-0.62	0.85	-0.74	0.54
Total Operating Expenses	10.77	10.5	10.35	11.16	8.99	10.7
Operating Income	28.9	28.96	26.27	25.44	22.41	19.6
Interest Expense	-5.71	-5.85	-5.12	-5.11	-4.54	-4.25
Interest & Investment Income	0.07	0.07	0.1	0.07	0.05	0.05
Other Non-Operating Income	-0.07	-0.07	-0.1	-0.09	-0.09	-0.06
EBT Excluding Unusual Items	23.19	23.1	21.15	20.31	17.83	15.35
Gain (Loss) on Sale of Investments	-10.41	-6.34	-11.33	32.32	4.26	-3.89
Gain (Loss) on Sale of Assets	4.35	1.89	0.03	-0.02	0.43	1.14
Asset Writedown	23.37	62.81	-23.79	4.89	26.55	6.59
Other Unusual Items	0.08	0.08	-0	-0.02	0.03	-0.03
Pretax Income	40.58	81.53	-13.95	57.49	49.09	19.15
Income Tax Expense	0.53	0.56	0.34	0.26	0.22	0.26
Net Income	40.05	80.97	-14.28	57.23	48.87	18.89
Net Income to Common	40.05	80.97	-14.28	57.23	48.87	18.89
Net Income Growth	-36.01%	-	-	17.12%	158.73%	-65.96%
Basic Shares Outstanding	20	20	19	17	16	16
Diluted Shares Outstanding	20	20	19	17	16	16
Shares Change (YoY)	2.12%	6.35%	9.33%	4.04%	0.01%	-
EPS (Basic)	2.00	4.07	-0.76	3.35	2.97	1.15
EPS (Diluted)	2.00	4.07	-0.76	3.35	2.97	1.15
EPS Growth	-37.34%	-	-	12.57%	158.70%	-65.96%
Dividend Per Share	1.020	1.020	1.010	1.000	0.990	0.990
Dividend Growth	0.99%	0.99%	1.00%	1.01%	-	2.06%
Operating Margin	72.86%	73.39%	71.75%	69.50%	71.37%	64.69%
Profit Margin	100.95%	205.23%	-39.00%	156.37%	155.62%	62.32%
EBITDA	28.92	28.98	26.39	25.65	22.52	19.73
EBITDA Margin	72.90%	73.45%	72.05%	70.09%	71.72%	65.10%
D&A For Ebitda	0.02	0.02	0.11	0.21	0.11	0.13
EBIT	28.9	28.96	26.27	25.44	22.41	19.6
EBIT Margin	72.86%	73.39%	71.75%	69.50%	71.37%	64.69%
Effective Tax Rate	1.31%	0.68%	-	0.45%	0.45%	1.37%

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