Orange Belgium Income Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2016 - 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2016 - 2020
Operating Revenue	1,959	1,963	1,723	1,367	1,328	1,284	Upgrade
Other Revenue	19.48	30.88	26.96	23.8	35.26	30.51	Upgrade
Revenue	1,979	1,994	1,749	1,391	1,363	1,315	Upgrade
Revenue Growth (YoY)	-0.38%	13.96%	25.75%	2.04%	3.70%	-1.94%	Upgrade
Cost of Revenue	884.9	900.3	857.26	724.16	710.88	689.28	Upgrade
Gross Profit	1,094	1,093	892.22	667.06	652.6	625.59	Upgrade
Selling, General & Admin	501.06	506.26	423.67	263.18	263.42	267.1	Upgrade
Other Operating Expenses	-33.04	-35.74	-45.68	-33.18	-28.85	-26.39	Upgrade
Operating Expenses	926.13	937.73	757.41	518.27	523.14	532.78	Upgrade
Operating Income	167.91	155.71	134.82	148.78	129.46	92.81	Upgrade
Interest Expense	-107.06	-114.56	-80.97	-14.13	-3.23	-5.29	Upgrade
Interest & Investment Income	0	0	-	-	-	-	Upgrade
Earnings From Equity Investments	0.14	0.44	0.41	0.39	0.28	0.18	Upgrade
Other Non Operating Income (Expenses)	-9.5	-	0	0	0	-	Upgrade
EBT Excluding Unusual Items	51.49	41.59	54.26	135.04	126.51	87.7	Upgrade
Merger & Restructuring Charges	-2.72	-19.42	-43.8	-11.03	-4.04	-5.64	Upgrade
Impairment of Goodwill	-	-	-	-22.43	-14.94	-	Upgrade
Asset Writedown	-17.88	-17.88	-12.62	-19.97	-55.04	-17.99	Upgrade
Pretax Income	30.89	4.29	-2.16	81.61	52.5	64.07	Upgrade
Income Tax Expense	-6.47	-12.87	8.62	23.45	12.77	10.09	Upgrade
Earnings From Continuing Operations	37.35	17.15	-10.79	58.16	39.72	53.98	Upgrade
Minority Interest in Earnings	-0	5	10.83	-	-	-	Upgrade
Net Income	37.35	22.15	0.04	58.16	39.72	53.98	Upgrade
Net Income to Common	37.35	22.15	0.04	58.16	39.72	53.98	Upgrade
Net Income Growth	1312.60%	50238.64%	-99.92%	46.41%	-26.41%	61.61%	Upgrade
Shares Outstanding (Basic)	67	65	60	60	60	60	Upgrade
Shares Outstanding (Diluted)	67	65	60	60	60	60	Upgrade
Shares Change (YoY)	10.17%	8.30%	-	-	0.07%	-0.11%	Upgrade
EPS (Basic)	0.55	0.34	0.00	0.97	0.66	0.90	Upgrade
EPS (Diluted)	0.55	0.34	0.00	0.97	0.66	0.90	Upgrade
EPS Growth	1179.04%	46221.39%	-99.92%	46.97%	-26.67%	61.59%	Upgrade
Free Cash Flow	178.76	212.86	137.04	227.61	221.31	222.97	Upgrade
Free Cash Flow Per Share	2.65	3.28	2.29	3.80	3.69	3.72	Upgrade
Dividend Per Share	-	-	-	-	-	0.500	Upgrade
Gross Margin	55.28%	54.84%	51.00%	47.95%	47.86%	47.58%	Upgrade
Operating Margin	8.48%	7.81%	7.71%	10.70%	9.50%	7.06%	Upgrade
Profit Margin	1.89%	1.11%	0.00%	4.18%	2.91%	4.11%	Upgrade
Free Cash Flow Margin	9.03%	10.68%	7.83%	16.36%	16.23%	16.96%	Upgrade
EBITDA	561.91	550.11	456.9	376.43	355.27	325.75	Upgrade
EBITDA Margin	28.39%	27.59%	26.12%	27.06%	26.06%	24.77%	Upgrade
D&A For EBITDA	394	394.4	322.09	227.65	225.81	232.94	Upgrade
EBIT	167.91	155.71	134.82	148.78	129.46	92.81	Upgrade
EBIT Margin	8.48%	7.81%	7.71%	10.70%	9.50%	7.06%	Upgrade
Effective Tax Rate	-	-	-	28.74%	24.33%	15.75%	Upgrade
Revenue as Reported	1,979	1,994	1,749	1,391	1,363	1,315	Upgrade

Source: S&P Global Market Intelligence. Standard template. Financial Sources.