Orange Belgium Balance Sheet

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
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
Cash & Equivalents	50.5	58.25	47.72	35.9	53.74	60.82
Short-Term Investments	1	2.13	0	-	0.42	0.36
Cash & Short-Term Investments	51.5	60.37	47.72	35.9	54.15	61.18
Cash Growth	11.96%	26.51%	32.94%	-33.71%	-11.48%	197.89%
Accounts Receivable	337.6	330.47	306.59	226.36	238.84	259.37
Other Receivables	5.6	9.82	5.34	4	9.45	1.69
Receivables	343.2	340.29	311.93	230.36	248.29	261.06
Inventory	32.7	53.56	75.32	28.42	27.54	32.12
Prepaid Expenses	22.8	-	0.36	-	1.46	1.38
Other Current Assets	4.2	14.11	27.47	20.51	18.9	18.97
Total Current Assets	454.4	468.33	462.8	315.18	350.35	374.7
Property, Plant & Equipment	1,974	1,976	1,988	904.93	961.93	1,011
Long-Term Investments	8.6	8.71	7.93	7.52	7.98	7.74
Goodwill	751.2	751.18	751.18	67.04	89.47	104.41
Other Intangible Assets	835.1	861.89	907.21	784.63	247.44	249.98
Long-Term Deferred Tax Assets	7.3	7.55	6.8	1.6	1.8	3.14
Other Long-Term Assets	6.3	2.38	1.22	10.65	0.7	0.63
Total Assets	4,036	4,076	4,125	2,092	1,660	1,752
Accounts Payable	294.8	286.07	283.24	223.86	258.82	296.53
Accrued Expenses	216.2	214.43	192.09	122.88	109.6	110.89
Short-Term Debt	221.4	76.11	347.01	105.8	1.46	2.32
Current Portion of Long-Term Debt	-	-	-	-	-	199.82
Current Portion of Leases	37.4	29.72	49.61	44.55	44.67	44.43
Current Income Taxes Payable	14	17.86	20.86	13.32	10.65	4.79
Current Unearned Revenue	68.5	66.41	67.91	62.08	56.21	60.54
Other Current Liabilities	74.5	82.08	106.79	272.97	89.17	68.02
Total Current Liabilities	926.8	772.68	1,068	845.47	570.59	787.33
Long-Term Debt	1,708	1,887	1,925	120.79	121.81	3.5
Long-Term Leases	135.6	150.35	155.16	217.52	255.25	259.62
Pension & Post-Retirement Benefits	3.2	3.17	3.17	0.03	0.07	0.01
Long-Term Deferred Tax Liabilities	61.1	55.12	65.52	8.41	4.56	8.17
Other Long-Term Liabilities	239.3	248.71	244.84	210.35	83.24	79.44
Total Liabilities	3,074	3,117	3,461	1,403	1,036	1,138
Common Stock	148.1	148.15	131.72	131.72	131.72	131.72
Additional Paid-In Capital	136.8	136.77	-	-	-	-
Retained Earnings	677.7	674.34	532.76	557.26	492.44	483.72
Treasury Stock	-	-	-	-	-	-1.52
Shareholders' Equity	962.6	959.25	664.48	688.98	624.16	613.93
Total Liabilities & Equity	4,036	4,076	4,125	2,092	1,660	1,752
Total Debt	2,102	2,143	2,477	488.66	423.19	509.69
Net Cash (Debt)	-2,051	-2,083	-2,429	-452.77	-369.04	-448.51
Net Cash Per Share	-30.42	-32.08	-40.52	-7.55	-6.16	-7.49
Filing Date Shares Outstanding	67.41	67.41	59.94	59.94	59.94	59.94
Total Common Shares Outstanding	67.41	67.41	59.94	59.94	59.94	59.94
Working Capital	-472.4	-304.35	-604.7	-530.28	-220.24	-412.63
Book Value Per Share	14.28	14.23	11.08	11.49	10.41	10.24
Tangible Book Value	-623.7	-653.81	-993.91	-162.69	287.24	259.54
Tangible Book Value Per Share	-9.25	-9.70	-16.58	-2.71	4.79	4.33
Land	-	177.73	204.69	106.67	103.94	95.74
Machinery	-	211.59	236.06	207.18	207.44	189.69

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