Van de Velde NV Income Statement

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
Revenue	202.36	206.44	211.29	211.75	195.25
Revenue Growth (YoY)	-1.97%	-2.30%	-0.21%	8.45%	28.17%
Cost of Revenue	31.57	35.58	40.52	34.09	35.87
Gross Profit	170.79	170.85	170.77	177.65	159.39
Selling, General & Admin	53.43	49.29	47.69	47.25	45.03
Other Operating Expenses	70.94	70.94	67	72.19	59.34
Operating Expenses	135.06	130.63	125.44	130.08	117.61
Operating Income	35.73	40.22	45.33	47.58	41.77
Interest Expense	-0.45	-0.49	-0.45	-0.43	-0.56
Interest & Investment Income	0.64	1.4	0.84	0.05	0.01
Earnings From Equity Investments	-1.46	0.23	-2.33	-0.7	-0.44
Currency Exchange Gain (Loss)	-0.47	-0.34	-0.23	-0.53	-0.04
Other Non Operating Income (Expenses)	-0.32	-0.22	-0.44	-0.43	-0.41
EBT Excluding Unusual Items	33.67	40.79	42.73	45.54	40.34
Asset Writedown	-8.13	-	-	0.5	-
Pretax Income	25.54	40.79	42.73	46.04	40.34
Income Tax Expense	7.69	8.74	9.1	9.22	8.3
Earnings From Continuing Operations	17.85	32.05	33.63	36.82	32.05
Net Income	17.85	32.05	33.63	36.82	32.05
Net Income to Common	17.85	32.05	33.63	36.82	32.05
Net Income Growth	-44.31%	-4.70%	-8.67%	14.89%	117.73%
Shares Outstanding (Basic)	13	13	13	13	13
Shares Outstanding (Diluted)	13	13	13	13	13
Shares Change (YoY)	-1.39%	-1.29%	-1.49%	-0.59%	-0.87%
EPS (Basic)	1.42	2.52	2.61	2.82	2.43
EPS (Diluted)	1.42	2.52	2.61	2.81	2.43
EPS Growth	-43.65%	-3.45%	-7.12%	15.64%	119.39%
Free Cash Flow	33.22	42.53	44.7	21.9	45.93
Free Cash Flow Per Share	2.65	3.34	3.46	1.67	3.49
Dividend Per Share	2.400	2.400	2.400	2.200	2.000
Dividend Growth	-	-	9.09%	10.00%	-
Gross Margin	84.40%	82.76%	80.82%	83.90%	81.63%
Operating Margin	17.66%	19.48%	21.45%	22.47%	21.39%
Profit Margin	8.82%	15.52%	15.92%	17.39%	16.41%
Free Cash Flow Margin	16.42%	20.60%	21.16%	10.34%	23.52%
EBITDA	39.81	43.95	48.78	51.26	46.21
EBITDA Margin	19.67%	21.29%	23.09%	24.21%	23.67%
D&A For EBITDA	4.08	3.73	3.45	3.69	4.44
EBIT	35.73	40.22	45.33	47.58	41.77
EBIT Margin	17.66%	19.48%	21.45%	22.47%	21.39%
Effective Tax Rate	30.11%	21.42%	21.30%	20.03%	20.56%

Updated Mar 22, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.