Warehouses Estates Belgium S.C.A. (EBR:WEB)

EBR:WEB Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Rental Revenue	25.14	24.93	22.57	20.45	18.5
Tenant Reimbursements	4.07	3.99	3.27	3.09	2.78
Other Revenue	0.09	-	-	-	-
Total Revenue	29.3	28.92	25.84	23.54	21.28
Revenue Growth (YoY	1.32%	11.91%	9.77%	10.66%	4.92%
Property Expenses	7.5	7.28	6.47	6.21	5.87
Selling, General & Administrative	1.62	1.46	1.36	1.44	1.5
Other Operating Expenses	-3.72	-0.01	-0.16	-0.03	-1.92
Total Operating Expenses	5.48	8.73	7.33	7.55	5.21
Operating Income	23.83	20.19	18.52	15.99	16.07
Interest Expense	-5.84	-7.45	-4.46	-2.46	-2.24
Interest & Investment Income	0.43	1.95	0	0	0.36
Other Non-Operating Income	0.2	-1.28	-3.09	4.95	0.83
EBT Excluding Unusual Items	18.61	13.42	10.96	18.49	15.01
Gain (Loss) on Sale of Assets	-0	-	-0	-0	-0.01
Total Insurance Settlements	-	-	-	0.03	0.22
Asset Writedown	-1.54	-0.62	-0.3	-4.85	1.52
Total Legal Settlements	-0.09	-	-	-	-
Other Unusual Items	-1.85	-2.15	-1.99	-1.51	-2.73
Pretax Income	15.14	10.64	8.67	12.15	14.02
Income Tax Expense	0	0	0	0	0.03
Net Income	15.13	10.64	8.67	12.14	13.99
Net Income to Common	15.13	10.64	8.67	12.14	13.99
Net Income Growth	42.25%	22.74%	-28.63%	-13.20%	55.35%
Basic Shares Outstanding	4	3	3	3	3
Diluted Shares Outstanding	4	3	3	3	3
Shares Change (YoY)	3.08%	7.32%	-	-	-
EPS (Basic)	4.32	3.13	2.74	3.84	4.42
EPS (Diluted)	4.32	3.13	2.74	3.84	4.42
EPS Growth	38.02%	14.33%	-28.63%	-13.20%	55.59%
Dividend Per Share	3.350	3.350	3.350	3.290	2.840
Dividend Growth	-	-	1.82%	15.85%	-9.84%
Operating Margin	81.31%	69.80%	71.64%	67.92%	75.51%
Profit Margin	51.65%	36.79%	33.54%	51.58%	65.76%
EBIT	23.83	20.19	18.52	15.99	16.07
EBIT Margin	81.31%	69.80%	71.64%	67.92%	75.51%
Effective Tax Rate	0.01%	0.01%	0.01%	0.02%	0.19%

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