Tessenderlo Group NV (EBR:TESB)

Tessenderlo Group NV Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	134.7	158	182.4	177	156.1	320.3
Short-Term Investments	-	-	70	-	-	10
Cash & Short-Term Investments	134.7	158	252.4	177	156.1	330.3
Cash Growth	-42.97%	-37.40%	42.60%	13.39%	-52.74%	32.07%
Accounts Receivable	522.9	367.4	372.6	389	374.2	333.4
Other Receivables	6.1	80.4	77.8	82.2	54	43.5
Receivables	529	447.8	450.4	471.2	428.2	376.9
Inventory	562	530.9	560.3	604.5	566.9	393.4
Prepaid Expenses	-	0.2	0.3	1.7	1.5	0.4
Other Current Assets	3.6	12.4	4.1	3.2	0.6	0.6
Total Current Assets	1,229	1,149	1,268	1,258	1,153	1,102
Property, Plant & Equipment	1,205	1,199	1,233	1,156	888.7	886.6
Long-Term Investments	37.8	23.7	27.2	105.8	87.1	31
Goodwill	35.3	34.7	74.8	31.8	32.1	32.3
Other Intangible Assets	143.5	176.2	244.2	286.9	107	109.2
Long-Term Accounts Receivable	12.6	1.3	0.8	0.8	-	-
Long-Term Deferred Tax Assets	44.1	43.3	59.1	50.2	18.2	33.5
Other Long-Term Assets	-0.1	15.4	28.1	25.5	14.5	12.8
Total Assets	2,707	2,643	2,935	2,915	2,301	2,207

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	494.3	281.2	279.5	260.3	272.8	247.8
Accrued Expenses	0.6	138	131.5	117.5	111.6	114.7
Short-Term Debt	-	-	-	0.1	0.1	0.1
Current Portion of Long-Term Debt	113.5	70.2	104.6	42.3	40.9	199.7
Current Portion of Leases	-	22.1	19.5	19.1	16.8	17
Current Income Taxes Payable	3.4	4	5.6	2.1	1.9	1.6
Other Current Liabilities	15.1	35.2	59	48.6	9.5	16.8
Total Current Liabilities	626.9	550.7	599.7	490	453.6	597.7
Long-Term Debt	40.5	67.8	99.3	135.2	175.6	164.7
Long-Term Leases	58.9	39.4	35	40.1	35.4	37.1
Pension & Post-Retirement Benefits	38.4	40.8	43.2	45	40.1	55.8
Long-Term Deferred Tax Liabilities	91.1	96.3	114.1	126.5	56.3	65.4
Other Long-Term Liabilities	143.9	143.2	131.1	129.1	136.6	155
Total Liabilities	999.7	938.2	1,022	965.9	897.6	1,076

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	428.3	428.3	428.3	428.3	216.2	216.2
Additional Paid-In Capital	1,681	1,725	1,744	1,744	238	238
Retained Earnings	-294.7	-350.4	-211.1	-164.5	1,012	758.6
Comprehensive Income & Other	-108.4	-113.2	-64.8	-76.5	-64.1	-82.8
Total Common Equity	1,706	1,690	1,896	1,931	1,402	1,130
Minority Interest	1.3	14.9	16.4	17.9	1.5	1.3
Shareholders' Equity	1,707	1,705	1,912	1,949	1,403	1,131
Total Liabilities & Equity	2,707	2,643	2,935	2,915	2,301	2,207

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	212.9	199.5	258.4	236.8	268.8	418.6
Net Cash (Debt)	-78.2	-41.5	-6	-59.8	-112.7	-88.3
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.30	-0.68	-0.10	-0.95	-2.62	-2.05
Filing Date Shares Outstanding	58.99	58.99	60.49	84.29	85.44	43.15
Total Common Shares Outstanding	58.99	58.99	60.49	84.29	43.12	43.15
Working Capital	602.4	598.6	667.8	767.6	699.7	503.9
Book Value Per Share	28.92	28.65	31.35	22.91	32.51	26.18
Tangible Book Value	1,527	1,479	1,577	1,612	1,263	988.5
Tangible Book Value Per Share	25.89	25.07	26.07	19.13	29.28	22.91
Land	-	762.3	704.5	671	571	536.8
Machinery	-	2,304	2,260	2,100	1,797	1,709
Construction In Progress	-	109.3	172.2	152.7	75.6	69.9

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Aug 31, 2026

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