Inclusio SA (EBR:INCLU)
Belgium · Delayed Price · Currency is EUR 16.95
-0.25 (-1.45%)
Aug 31, 2026, 5:35 PM CET
Inclusio Cash Flow Statement
Financials in millions EUR. Fiscal year is January - December.
Millions EUR. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Net Income | 21.14 | 15.42 | 19.46 | 32.18 | 22.23 | 14.65 |
Depreciation & Amortization | 0.08 | 0.09 | 0.12 | 0.11 | 0.06 | 0.04 |
Gain (Loss) on Sale of Investments | -0.19 | -0.09 | 2.05 | 2.84 | -5.36 | -0.84 |
Asset Writedown | -11.22 | -6.23 | -13.98 | -28.16 | -10.48 | -9.53 |
Income (Loss) on Equity Investments | -0.06 | -0.06 | -0.1 | -0.02 | - | -0.09 |
Change in Accounts Receivable | -0.19 | 0.01 | 0.01 | -0.01 | 0.11 | -0.06 |
Change in Accounts Payable | -5.96 | -3.89 | -2.55 | -4.15 | -14.87 | -2.98 |
Change in Other Net Operating Assets | -0.12 | 0.22 | 0.06 | -0.05 | 0.21 | 0.1 |
Other Operating Activities | -1.05 | -1.68 | -0.52 | 0.09 | -0.24 | 0.11 |
Operating Cash Flow | 2.43 | 3.79 | 4.56 | 2.83 | -8.35 | 1.35 |
Operating Cash Flow Growth | -63.33% | -16.75% | 61.00% | - | - | -65.07% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Acquisition of Real Estate Assets | -24.67 | -15.57 | -28.62 | -15.73 | -25.88 | -27.18 |
Sale of Real Estate Assets | 7.9 | 8.26 | - | - | - | 0.02 |
Net Sale / Acq. of Real Estate Assets | -16.77 | -7.31 | -28.62 | -15.73 | -25.88 | -27.16 |
Cash Acquisition | -0.75 | -0.75 | -0.68 | -7.06 | -9.84 | -23.9 |
Investment in Marketable & Equity Securities | -0.43 | -0 | -0.01 | -0.98 | -0.01 | -0.11 |
Other Investing Activities | 0 | 0 | 0 | - | 0 | 0 |
Investing Cash Flow | -17.93 | -8.06 | -29.31 | -23.77 | -35.73 | -51.18 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Long-Term Debt Issued | - | 17.58 | 39.45 | 53.78 | 47.47 | 39.62 |
Long-Term Debt Repaid | - | -10 | -9.59 | -27.5 | - | - |
Net Debt Issued (Repaid) | 19.76 | 7.58 | 29.86 | 26.28 | 47.47 | 39.62 |
Common Dividends Paid | -4.17 | -3.26 | -5.56 | -5.2 | -3.71 | - |
Other Financing Activities | -0.08 | -0.03 | 0.06 | -0.08 | -0.04 | 0.09 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Miscellaneous Cash Flow Adjustments | -0 | -0 | -0 | -0 | -0 | -0 |
Net Cash Flow | 0.02 | 0.01 | -0.4 | 0.06 | -0.35 | -10.11 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Levered Free Cash Flow | 13.49 | -1.69 | 4.1 | 2.84 | 6.55 | -0.17 |
Unlevered Free Cash Flow | 16.46 | 1.14 | 7.67 | 5.46 | 7.08 | -0.01 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 Interest Paid | 4.41 | 4.41 | 4.32 | 3.23 | 0.78 | 0.31 |
Cash Income Tax Paid | 1.42 | 1.42 | 0.42 | -0.26 | 0.36 | -0.09 |
Change in Working Capital | -6.28 | -3.66 | -2.47 | -4.21 | -14.55 | -2.99 |