CMBT financial statements
The full income statement, balance sheet, and cash-flow statement for CMB.TECH NV (CMBT), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 1.67B+77.2% | 940M-23.9% | 1.24B+44.5% | 855M+103.6% | 420M-65.3% | |
| Research & development | 7.40M-29.5% | 10.5M | — | — | — | |
| Operating income | 557M-44.4% | 1.00B+3.4% | 970M+229.5% | 294M+204.5% | -282M-152.7% | |
| Interest expense | 430M+153.8% | 169M-1.5% | 172M+29.2% | 133M+39.2% | 95.5M+4.4% | |
| Pre-tax income | 149M-82.9% | 873M+1.0% | 864M+319.3% | 206M+160.7% | -339M-171.4% | |
| Income tax | 10.2M+438.0% | 1.89M-68.5% | 6.01M+114.3% | 2.80M+756.7% | -427K-122.0% | |
| 139M-84.0% | 871M+1.5% | 858M+322.2% | 203M+160.0% | -339M-171.6% | ||
| Net income to common | 161M-81.5% | 871M+1.5% | 858M+322.2% | 203M+160.0% | -339M-171.6% | |
| $0.70-84.2% | $4.44+4.5% | $4.25+320.8% | $1.01+160.1% | -$1.68-174.7% | ||
| EPS (basic) | $0.70-84.2% | $4.44+4.5% | $4.25+320.8% | $1.01+160.1% | -$1.68-174.7% | |
| Weighted-avg shares (basic) | 229M+17.0% | 196M-2.9% | 202M+0.1% | 202M+0.1% | 202M+0.0% | |
| Weighted-avg shares (diluted) | 229M+17.0% | 196M-2.9% | 202M-0.0% | 202M+0.1% | 202M-4.0% | |
| Dividends per share | $0.06-98.8% | $5.12-22.9% | $6.64+5937.0% | $0.11+0.0% | $0.11-93.1% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 913M+93.8% | 471M-71.1% | 1.63B+168.8% | 607M+32.1% | 459M+1.7% | ||
| Cash & equivalents | 147M+277.0% | 38.9M-90.9% | 429M+138.6% | 180M+18.0% | 153M-5.5% | |
| Accounts receivable | 321M+36.0% | 236M-23.2% | 307M-16.3% | 367M+54.3% | 238M+10.8% | |
| Inventory | 77.2M+191.2% | 26.5M+17.7% | 22.5M-45.9% | 41.6M-39.7% | 69.0M-8.9% | |
| 8.41B+115.2% | 3.91B+14.2% | 3.42B-13.9% | 3.97B+5.3% | 3.77B+2.2% | ||
| Property, plant & equipment | — | — | — | 3.31B+4.1% | 3.18B+1.7% | |
| Goodwill | 177M | 0.00 | — | — | — | |
| Total non-current assets | 7.49B+118.2% | 3.43B+92.1% | 1.79B-46.8% | 3.36B+1.6% | 3.31B+2.3% | |
| Total current liabilities | 1.06B+170.2% | 393M-7.6% | 425M+67.0% | 254M-20.8% | 321M+57.7% | |
| Long-term debt | 2.84B+95.7% | 1.45B+300.5% | 362M-71.3% | 1.26B+7.5% | 1.18B+40.6% | |
| 2.62B+120.0% | 1.19B-49.4% | 2.36B+8.5% | 2.17B+10.9% | 1.96B-15.2% | ||
| Total equity incl. non-controlling | 2.62B+120.0% | 1.19B-49.4% | 2.36B+8.5% | 2.17B+10.9% | 1.96B-15.2% | |
| Common shares outstanding | 290M+49.4% | 194M-4.0% | 202M+0.2% | 202M+0.1% | 202M+0.0% | |
| Shares outstanding (cover) | 316M+43.6% | 220M+0.0% | 220M+0.0% | 220M+0.0% | 220M+0.0% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 444M-3.2% | 458M-45.3% | 837M+227.7% | 256M+1109.9% | -25.3M-102.6% | ||
| Depreciation & amortization | 388M+133.7% | 166M-24.9% | 221M-0.7% | 223M-35.5% | 345M+7.9% | |
| Intangible amortization | 3.28M+14.0% | 2.88M+78.7% | 1.61M+57.9% | 1.02M+1034.4% | 90.0K-9.1% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt issued | 6.47B+137.6% | 2.72B+1.1% | 2.69B+112.1% | 1.27B-15.9% | 1.51B+68.9% | |
| Long-term debt repaid | 4.24B+259.9% | 1.18B-59.9% | 2.93B+200.4% | 977M+34.5% | 726M-27.0% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 0.00-100.0% | 127M | 0.00 | 0.00 | 0.00-100.0% | |
| Dividends paid | 20.2M-98.2% | 1.13B+78.7% | 631M+2505.4% | 24.2M+0.0% | 24.2M-93.1% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 2.80B+45.2% | 1.93B-45.7% | 3.55B+3.3% | 3.44B+91.7% | 1.79B+1.9% | |
| P/E | 20.1×+808.7% | 2.2×-87.3% | 17.5× | — | — | |
| P/S | 1.7×-18.1% | 2.1×-50.6% | 4.2×-49.3% | 8.2×+91.7% | 4.3×+193.7% | |
| P/B | 1.1×-34.0% | 1.6×-1.0% | 1.6×-6.8% | 1.8×+91.7% | 0.9×+20.1% | |
| P/FCF | 12.1×+45.2% | 8.3×-45.7% | 15.3×+3.3% | 14.9×+91.7% | 7.7×+1.9% | |
| Earnings yield | 5.0%-89.0% | 45.2%+688.5% | 5.7% | — | — | |
| FCF yield | 8.3%-31.1% | 12.0%+84.0% | 6.5%-3.2% | 6.7%-47.8% | 12.9%-1.8% | |
| Dividend yield | 0.66%-98.7% | 51.6%+36.6% | 37.7%+5748.3% | 0.65%-47.8% | 1.2%-93.8% | |
| Source filing | 20-F | 20-F | 20-F | 20-F | 20-F |
About this data
Source: CMBT’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all CMBT filings on SEC EDGAR → Not investment advice.