Proximus 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	565	497	716	299	249
Short-Term Investments	105	41	-	-	-
Trading Asset Securities	4	68	-	-	-
Cash & Short-Term Investments	674	606	716	299	249
Cash Growth	11.22%	-15.36%	139.47%	20.08%	-20.45%
Accounts Receivable	1,219	1,244	1,033	1,075	999
Other Receivables	88	84	58	65	197
Receivables	1,307	1,328	1,091	1,140	1,196
Inventory	118	147	159	187	132
Prepaid Expenses	158	181	154	103	108
Other Current Assets	-	96	100	223	-
Total Current Assets	2,257	2,358	2,220	1,952	1,685
Property, Plant & Equipment	5,290	5,052	4,141	3,808	3,585
Long-Term Investments	223	138	114	60	59
Goodwill	2,899	3,275	2,592	2,595	2,588
Other Intangible Assets	1,824	2,076	1,702	1,779	1,265
Long-Term Accounts Receivable	7	9	10	7	6
Long-Term Deferred Tax Assets	4	17	4	5	6
Long-Term Deferred Charges	108	103	111	111	110
Other Long-Term Assets	355	299	259	224	80
Total Assets	12,967	13,327	11,153	10,541	9,384
Accounts Payable	1,430	1,503	1,433	1,483	1,548
Accrued Expenses	576	560	503	533	447
Short-Term Debt	41	37	38	477	251
Current Portion of Long-Term Debt	18	525	610	111	1
Current Portion of Leases	104	97	88	73	69
Current Income Taxes Payable	43	28	58	16	11
Current Unearned Revenue	132	141	178	145	145
Other Current Liabilities	138	295	151	164	37
Total Current Liabilities	2,482	3,186	3,059	3,002	2,509
Long-Term Debt	4,706	4,503	3,867	2,676	2,737
Long-Term Leases	261	197	210	199	204
Pension & Post-Retirement Benefits	287	324	337	361	447
Long-Term Deferred Tax Liabilities	292	313	197	181	136
Other Long-Term Liabilities	272	269	183	813	373
Total Liabilities	8,300	8,792	7,853	7,232	6,406
Common Stock	1,000	1,000	1,000	1,000	1,000
Retained Earnings	3,000	2,757	2,532	2,466	2,402
Treasury Stock	-413	-417	-419	-425	-422
Comprehensive Income & Other	918	970	187	267	-2
Total Common Equity	4,505	4,310	3,300	3,308	2,978
Minority Interest	162	225	-	1	-
Shareholders' Equity	4,667	4,535	3,300	3,309	2,978
Total Liabilities & Equity	12,967	13,327	11,153	10,541	9,384
Total Debt	5,130	5,359	4,813	3,536	3,262
Net Cash (Debt)	-4,456	-4,753	-4,097	-3,237	-3,013
Net Cash Per Share	-13.80	-14.73	-12.71	-10.04	-9.34
Filing Date Shares Outstanding	323.07	322.46	322.62	322.39	322.74
Total Common Shares Outstanding	323.07	322.46	322.62	322.39	322.74
Working Capital	-225	-828	-839	-1,050	-824
Book Value Per Share	11.78	11.20	10.23	10.26	9.23
Tangible Book Value	-218	-1,041	-994	-1,066	-875
Tangible Book Value Per Share	-2.84	-5.40	-3.08	-3.31	-2.71
Land	110	113	155	166	541
Machinery	1,159	1,284	1,296	1,325	1,342

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.