EURONAV NV

EDGAR

Annual consolidated revenue for 2025: about USD 1.666B, using the latest reported figures. The previous period, 2024, was about USD 940.2M.

Watchlist

Latest fiscal year

Revenue

1.67 billion USD

2025 · USD

Exact inputs and evidence
  • Revenue: 1666080000 USD Source

Operating margin

33.44%

2025 · %

Exact inputs and evidence
  • Operating Income: 557150000 USD Source
  • Revenue: 1666080000 USD Source

Operating cash flow

444 million USD

2025 · USD

Exact inputs and evidence
  • Operating Cash Flow: 443540000 USD Source

Free cash flow

231 million USD

2019 · USD

Exact inputs and evidence
  • Operating Cash Flow: 271991000 USD Source
  • Capital Expenditure: 40600000 USD Source
Cash and cash equivalents
147 million USD Source
Exact value

146529000 USD

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-09.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 11 of 11 periods available· newest 2025-12-31
  • Operating income: 11 of 11 periods available· newest 2025-12-31
  • Net income: 11 of 11 periods available· newest 2025-12-31
  • Operating cash flow: 11 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 1 of 11 periods available· newest 2019-12-31
  • Total assets: 10 of 11 periods available· newest 2025-12-31
  • liabilities: No compatible figures in this window
  • Current assets: 10 of 11 periods available· newest 2025-12-31
  • Current liabilities: 10 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 11 of 11 periods available· newest 2025-12-31
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +77.2%

    Prior period

    USD 940.25 million

    –

    Current period

    USD 1.67 billion

    –

    Exact inputs and evidence

    1666080000 − 940246000 = 725834000 USD

    940246000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    1666080000 USD · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Net income

    -81.5%

    Prior period

    USD 870.83 million

    –

    Current period

    USD 160.7 million

    –

    Exact inputs and evidence

    160696062 − 870829138 = -710133076 USD

    870829138 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    160696062 USD · 2025-01-01 – 2025-12-31

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  • Operating cash flow

    -3.2%

    Prior period

    USD 458.01 million

    –

    Current period

    USD 443.54 million

    –

    Exact inputs and evidence

    443540000 − 458014000 = -14474000 USD

    458014000 USD · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    443540000 USD · 2025-01-01 – 2025-12-31

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Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue USD 1.67 billion 100% of revenue
  • Operating costs Derived USD 1.11 billion 67% of revenue
  • Operating income USD 557.15 million 33% of revenue
  • Tax, interest and other Derived USD 396.45 million 24% of revenue
  • Net income USD 160.7 million 9.6% of revenue

Cash

  • Operating cash flow USD 443.54 million 27% of revenue
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2016 30%70%
  • 2017 97%
  • 2018 Operating loss: operating costs were 112% of revenue.
  • 2019 12%9.1%79%
  • 2020 39%56%
  • 2021 Operating loss: operating costs were 167% of revenue.
  • 2022 24%11%66%
  • 2023 69%9%21%
  • 2024 Net income was higher than operating income, so the split is not drawn.
  • 2025 9.6%24%67%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2016 2016-01-01 – 2016-12-31684265000 476045000 Derived 208220000 4171000 Derived 204049000 Unavailable
Source
2017 2017-01-01 – 2017-12-31513368000 499962000 Derived 13406000 12023470 Derived 1382530 Unavailable
Source
2018 2018-01-01 – 2018-12-31600024000 674602000 Derived -74578000 35492000 Derived -110070000 Unavailable
Source
2019 2019-01-01 – 2019-12-31914711000 719108000 Derived 195603000 83373000 Derived 112230000 231391000 Derived
Source
2020 2020-01-01 – 2020-12-311210341000 676019000 Derived 534322000 61084000 Derived 473238000 Unavailable
Source
2021 2021-01-01 – 2021-12-31419770000 701343000 Derived -281573000 57204000 Derived -338777000 Unavailable
Source
2022 2022-01-01 – 2022-12-31854669000 560395000 Derived 294274000 91023000 Derived 203251000 Unavailable
Source
2023 2023-01-01 – 2023-12-311235127000 265435000 Derived 969692000 111665060 Derived 858026940 Unavailable
Source
2024 2024-01-01 – 2024-12-31940246000 -62206000 Derived 1002452000 131622862 Derived 870829138 Unavailable
Source
2025 2025-01-01 – 2025-12-311666080000 1108930000 Derived 557150000 396453938 Derived 160696062 Unavailable
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 1.7B 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.8B1.3B899.7M449.8M0.0201620212025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Revenue684265000
2017Revenue513368000
2018Revenue600024000
2019Revenue914711000
2020Revenue1210341000
2021Revenue419770000
2022Revenue854669000
2023Revenue1235127000
2024Revenue940246000
2025Revenue1666080000

Revenue growth

Change in revenue from the same financial period one year earlier.

77.2% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.117%68%19%-30%-79%201620212025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2016Year over year-19.2%
2017Year over year-25%
2018Year over year16.9%
2019Year over year52.4%
2020Year over year32.3%
2021Year over year-65.3%
2022Year over year103.6%
2023Year over year44.5%
2024Year over year-23.9%
2025Year over year77.2%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 33.4% 2025
Net margin 9.6% 2025
Free cash flow margin 25.3% 2019
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.122%67%13%-41%-96%201620212025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2016Operating margin30.4%
2017Operating margin2.6%
2018Operating margin-12.4%
2019Operating margin21.4%
2020Operating margin44.1%
2021Operating margin-67.1%
2022Operating margin34.4%
2023Operating margin78.5%
2024Operating margin106.6%
2025Operating margin33.4%
2016Net margin29.8%
2017Net margin0.3%
2018Net margin-18.3%
2019Net margin12.3%
2020Net margin39.1%
2021Net margin-80.7%
2022Net margin23.8%
2023Net margin69.5%
2024Net margin92.6%
2025Net margin9.6%
2016Free cash flow marginNot reported
2017Free cash flow marginNot reported
2018Free cash flow marginNot reported
2019Free cash flow margin25.3%
2020Free cash flow marginNot reported
2021Free cash flow marginNot reported
2022Free cash flow marginNot reported
2023Free cash flow marginNot reported
2024Free cash flow marginNot reported
2025Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

USD 443.5M 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.0B760.8M472.2M183.7M-104.9M201620212025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Operating cash flow438202000
2017Operating cash flow211295000
2018Operating cash flow841000
2019Operating cash flow271991000
2020Operating cash flow969785000
2021Operating cash flow-25305000
2022Operating cash flow255553000
2023Operating cash flow837380000
2024Operating cash flow458014000
2025Operating cash flow443540000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 231.4M 2019
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.249.9M187.4M125.0M62.5M0.0201620212025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2016Free cash flowUnavailable
2017Free cash flowUnavailable
2018Free cash flowUnavailable
2019Free cash flow231391000
2020Free cash flowUnavailable
2021Free cash flowUnavailable
2022Free cash flowUnavailable
2023Free cash flowUnavailable
2024Free cash flowUnavailable
2025Free cash flowUnavailable

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

Not enough comparable data to show this history.
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2016-12-31Liabilities / assetsNot reported
2017-12-31Liabilities / assetsNot reported
2018-12-31Liabilities / assetsNot reported
2019-12-31Liabilities / assetsNot reported
2020-12-31Liabilities / assetsNot reported
2021-12-31Liabilities / assetsNot reported
2022-12-31Liabilities / assetsNot reported
2023-12-31Liabilities / assetsNot reported
2024-12-31Liabilities / assetsNot reported
2025-12-31Liabilities / assetsNot reported

Current assets to current liabilities

Current assets divided by current liabilities.

0.86× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.4.15×3.11×2.07×1.04×0.00×201620212025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2016Current assets / current liabilities1.97×
2017Current assets / current liabilities1.77×
2018Current assets / current liabilities1.82×
2019Current assets / current liabilities2.54×
2020Current assets / current liabilities2.22×
2021Current assets / current liabilities1.43×
2022Current assets / current liabilities2.39×
2023Current assets / current liabilities3.84×
2024Current assets / current liabilities1.2×
2025Current assets / current liabilities0.86×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2016 2016-01-01 – 2016-12-31
USD 204.05 million
Exact value

Exact value: 204049000 USD

2016-01-01 – 2016-12-31: 204049000 USD Inspect Net Income Open source
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USD 438.2 million
Exact value

Exact value: 438202000 USD

2016-01-01 – 2016-12-31: 438202000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2017 2017-01-01 – 2017-12-31
USD 1.38 million
Exact value

Exact value: 1382530 USD

2017-01-01 – 2017-12-31: 1382530 USD Inspect Net Income Open source
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USD 211.3 million
Exact value

Exact value: 211295000 USD

2017-01-01 – 2017-12-31: 211295000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2018 2018-01-01 – 2018-12-31
−USD 110.07 million
Exact value

Exact value: -110070000 USD

2018-01-01 – 2018-12-31: -110070000 USD Inspect Net Income Open source
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USD 841,000
Exact value

Exact value: 841000 USD

2018-01-01 – 2018-12-31: 841000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2019 2019-01-01 – 2019-12-31
USD 112.23 million
Exact value

Exact value: 112230000 USD

2019-01-01 – 2019-12-31: 112230000 USD Inspect Net Income Open source
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USD 271.99 million
Exact value

Exact value: 271991000 USD

2019-01-01 – 2019-12-31: 271991000 USD Inspect Operating Cash Flow Open source
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USD 40.6 million
Exact value

Exact value: 40600000 USD

2019-01-01 – 2019-12-31: 40600000 USD Inspect Capital Expenditure Open source
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USD 231.39 million
Calculation and evidence

271991000 − 40600000 USD

Exact free cash flow: 231391000 USD

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2020 2020-01-01 – 2020-12-31
USD 473.24 million
Exact value

Exact value: 473238000 USD

2020-01-01 – 2020-12-31: 473238000 USD Inspect Net Income Open source
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USD 969.79 million
Exact value

Exact value: 969785000 USD

2020-01-01 – 2020-12-31: 969785000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2021 2021-01-01 – 2021-12-31
−USD 338.78 million
Exact value

Exact value: -338777000 USD

2021-01-01 – 2021-12-31: -338777000 USD Inspect Net Income Open source
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−USD 25.31 million
Exact value

Exact value: -25305000 USD

2021-01-01 – 2021-12-31: -25305000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2022 2022-01-01 – 2022-12-31
USD 203.25 million
Exact value

Exact value: 203251000 USD

2022-01-01 – 2022-12-31: 203251000 USD Inspect Net Income Open source
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USD 255.55 million
Exact value

Exact value: 255553000 USD

2022-01-01 – 2022-12-31: 255553000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2023 2023-01-01 – 2023-12-31
USD 858.03 million
Exact value

Exact value: 858026940 USD

2023-01-01 – 2023-12-31: 858026940 USD Inspect Net Income Open source
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USD 837.38 million
Exact value

Exact value: 837380000 USD

2023-01-01 – 2023-12-31: 837380000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2024 2024-01-01 – 2024-12-31
USD 870.83 million
Exact value

Exact value: 870829138 USD

2024-01-01 – 2024-12-31: 870829138 USD Inspect Net Income Open source
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USD 458.01 million
Exact value

Exact value: 458014000 USD

2024-01-01 – 2024-12-31: 458014000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2025 2025-01-01 – 2025-12-31
USD 160.7 million
Exact value

Exact value: 160696062 USD

2025-01-01 – 2025-12-31: 160696062 USD Inspect Net Income Open source
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USD 443.54 million
Exact value

Exact value: 443540000 USD

2025-01-01 – 2025-12-31: 443540000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

414 filings · 1,267 latest values · 1,267 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001604481, 1604481, CMBT, EURN, edgar:1604481

Also known as CMB.TECH NV, EURONAV NV, Euronav NV