ageas SA/NV Logo

ageas SA/NV

ISIN: BE0974264930 | Ticker: AGS | LEI: 5493005DJBML6LY3RV36
Sector: FinancialsSub-Industry: Multi-line Insurance
Country: Belgium

About ageas SA/NV

Company Description

Wherever Ageas operates around the world it does so with an important goal in mind: to provide customers with peace of mind when they need it most. As an insurer and "Supporter of your life" our role is to help customers at every stage of their life to mitigate risks related to property, casualty, life and pensions.

As the No. 1 player in the Life insurance market and No. 2 in Non-Life, AG Insurance is the clear market leader in the Belgian insurance market. Almost 1 out of 2 Belgian households are customers of AG Insurance.

Year founded

1824

Served area

Worldwide

Headquarters

Rue du Marquis 1, 1000 Bruxelles, Bruxelles-Capitale – Belgium

Financial statements

Download as Excel
Line item in (eur) 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Assets N/A 111,418,000,000.00 111,139,000,000.00 100,304,000,000.00
Property Plant And Equipment N/A 1,827,000,000.00 1,732,000,000.00 2,227,000,000.00
Investment Property N/A 2,889,000,000.00 3,117,000,000.00 3,030,000,000.00
Investment Accounted For Using Equity Method N/A 4,929,000,000.00 5,328,000,000.00 4,908,000,000.00
Deferred Tax Assets N/A 98,000,000.00 100,000,000.00 918,000,000.00
Cash and cash equivalents 3,745,000,000.00 2,241,000,000.00 1,937,000,000.00 1,153,000,000.00
Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners N/A 114,000,000.00 19,000,000.00 4,205,000,000.00
Equity And Liabilities N/A 111,418,000,000.00 111,139,000,000.00 100,304,000,000.00
Equity 13,481,000,000.00 13,774,000,000.00 14,172,000,000.00 8,632,000,000.00
Equity Attributable To Owners Of Parent N/A 11,555,000,000.00 11,914,000,000.00 7,582,000,000.00
Noncontrolling Interests N/A 2,219,000,000.00 2,258,000,000.00 1,050,000,000.00
Liabilities N/A 97,644,000,000.00 96,967,000,000.00 91,672,000,000.00
Deferred Tax Liabilities N/A 1,105,000,000.00 971,000,000.00 398,000,000.00
Liabilities Included In Disposal Groups Classified As Held For Sale N/A N/A N/A 3,926,000,000.00
Line item in (eur) 01.01.2020/
01.01.2021
01.01.2021/
01.01.2022
01.01.2022/
01.01.2023
Revenue 12,370,000,000.00 13,772,000,000.00 10,383,000,000.00
Other Income 201,000,000.00 282,000,000.00 296,000,000.00
Employee Benefits Expense 834,000,000.00 852,000,000.00 922,000,000.00
Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss 172,000,000.00 41,000,000.00 167,000,000.00
Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss 172,000,000.00 41,000,000.00 167,000,000.00
Other Expense By Nature 1,165,000,000.00 1,269,000,000.00 1,412,000,000.00
Finance Costs 139,000,000.00 138,000,000.00 187,000,000.00
Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method 328,000,000.00 464,000,000.00 261,000,000.00
Profit Loss Before Tax 1,533,000,000.00 1,231,000,000.00 1,452,000,000.00
Income Tax Expense Continuing Operations 233,000,000.00 215,000,000.00 229,000,000.00
Profit (loss) 1,300,000,000.00 1,016,000,000.00 1,223,000,000.00
Profit Loss Attributable To Owners Of Parent 1,141,000,000.00 845,000,000.00 1,011,000,000.00
Profit Loss Attributable To Noncontrolling Interests 159,000,000.00 171,000,000.00 212,000,000.00
Line item in (eur) 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Profit (loss) N/A 1,300,000,000.00 1,016,000,000.00 1,223,000,000.00
Adjustments For Reconcile Profit Loss N/A 87,000,000.00 209,000,000.00 81,000,000.00
Adjustments For Depreciation And Amortisation Expense N/A 854,000,000.00 833,000,000.00 876,000,000.00
Adjustments For Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss N/A 172,000,000.00 41,000,000.00 167,000,000.00
Adjustments For Provisions N/A -36,000,000.00 -15,000,000.00 -6,000,000.00
Adjustments For Sharebased Payments N/A 3,000,000.00 7,000,000.00 3,000,000.00
Adjustments For Reconcile Profit Loss N/A 87,000,000.00 209,000,000.00 81,000,000.00
Dividends Received Classified As Operating Activities N/A 169,000,000.00 219,000,000.00 184,000,000.00
Interest Paid Classified As Operating Activities N/A 132,000,000.00 142,000,000.00 162,000,000.00
Interest Received Classified As Operating Activities N/A 1,909,000,000.00 1,840,000,000.00 1,853,000,000.00
Income Taxes Paid Refund Classified As Operating Activities N/A 205,000,000.00 263,000,000.00 197,000,000.00
Cash Flows From Used In Operating Activities N/A -1,329,000,000.00 -1,065,000,000.00 -588,000,000.00
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities N/A 7,000,000.00 24,000,000.00 21,000,000.00
Purchase Of Property Plant And Equipment Classified As Investing Activities N/A 262,000,000.00 50,000,000.00 96,000,000.00
Proceeds From Sales Of Intangible Assets Classified As Investing Activities N/A 2,000,000.00 N/A 6,000,000.00
Purchase Of Intangible Assets Classified As Investing Activities N/A 96,000,000.00 97,000,000.00 68,000,000.00
Cash Flows From Used In Investing Activities N/A 635,000,000.00 1,439,000,000.00 1,035,000,000.00
Payments To Acquire Or Redeem Entitys Shares N/A 131,000,000.00 56,000,000.00 91,000,000.00
Cash Flows From Used In Financing Activities N/A -804,000,000.00 -684,000,000.00 -1,126,000,000.00
Effect Of Exchange Rate Changes On Cash And Cash Equivalents N/A -6,000,000.00 6,000,000.00 -16,000,000.00
Cash and cash equivalents 3,745,000,000.00 2,241,000,000.00 1,937,000,000.00 1,153,000,000.00

Please note that some sums might not add up.

Filings & Publications

2021

Report
Q1
H1
Q3
FY
Consolidated Report
FRA / ENG / NLD
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

Insider Trades

Date Trading entity / Person Association Trade type Volume
30.08.23 Guilliams Wim Board Buy EUR 128,205.00
05.12.22 Okeburn Corp Limited Close relation Sell EUR 981,791.28
05.12.22 Okeburn Corp Limited Close relation Buy EUR 978,057.60
01.07.21 De Smet Bart Board Sell EUR 323,703.00
01.07.21 Boizard Christophe Board Sell EUR 224,127.45
01.07.21 Braekeveldt Steven Executive member Sell EUR 146,040.99
01.07.21 De Cuyper Hans Board Sell EUR 137,794.08
01.07.21 Watson Andy Executive member Sell EUR 132,610.31
01.07.21 Crist Gary Executive member Sell EUR 104,146.69
01.07.21 Van Grimbergen Emmanuel Board Sell EUR 102,214.56

Short Interest


Current short interest

Position Holder Short Interest in Percent Date
Citadel Advisors Europe Limited 0.50% 29.05.23
Total 0.50%

Capital markets information

ISIN

BE0974264930

LEI

5493005DJBML6LY3RV36

Sector

Financials

Industry Group

Insurance

Industry

Insurance

Sub-Industry

Multi-line Insurance

Listed Stock Exchange

Euronext Brussels

Stock Index

BEL20

Main Stock Exchange

Contact Investor Relations department

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