Bekaert NV Logo

Bekaert NV

ISIN: BE0974258874 | Ticker: BEKB | LEI: 5493008SR6XZECH6BN71
Sector: MaterialsSub-Industry: Steel
Country: Belgium

About Bekaert NV

Company Description

Bekaert (bekaert.com) is a world market and technology leader in steel wire transformation and coating technologies. We pursue to be the preferred supplier for our steel wire products and solutions by continuously delivering superior value to our customers worldwide.

Transforming steel wire and applying advanced coating know-how. That is what we are good at.
Improving both the bulk and surface properties of steel wire products since more than 140 years. That is what we do better, every day.
Offering innovative solutions that add value to our customers and help them grow their business. That is what makes us better together.

We purchase approximately 3 million tons of wire rod per year as our basic material. Depending on our customers’ needs, we draw wire from it in different diameters and strengths, even as thin as ultrafine fibers of one micron. We group the wires into cords, ropes and strands, weave or knit them into fabric, or process them into an end product.

Year founded

1880

Served area

Worldwide

Headquarters

Bekaertstraat 2, 8550 Zwevegem, West-Vlaanderen – 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 4,288,100,000.00 4,839,288,000.00 4,829,313,000.00
Noncurrent Assets N/A 1,822,503,000.00 1,967,721,000.00 1,975,079,000.00
Property Plant And Equipment N/A 1,191,781,000.00 1,253,857,000.00 1,238,041,000.00
Goodwill N/A 149,398,000.00 150,674,000.00 152,567,000.00
Intangible Assets Other Than Goodwill N/A 54,664,000.00 57,326,000.00 62,149,000.00
Investment Accounted For Using Equity Method N/A 123,981,000.00 188,661,000.00 221,886,000.00
Deferred Tax Assets N/A 124,243,000.00 119,244,000.00 104,372,000.00
Other Noncurrent Assets N/A 45,830,000.00 65,886,000.00 65,314,000.00
Current Assets N/A 2,465,597,000.00 2,871,567,000.00 2,854,234,000.00
Inventories N/A 683,477,000.00 1,121,219,000.00 1,143,096,000.00
Other Current Receivables N/A 101,330,000.00 157,005,000.00 151,426,000.00
Cash and cash equivalents 566,176,000.00 940,416,000.00 677,270,000.00 728,095,000.00
Noncurrent Assets Or Disposal Groups Classified As Held For Sale N/A 6,740,000.00 1,803,000.00 760,000.00
Shortterm Deposits Not Classified As Cash Equivalents N/A 50,077,000.00 80,058,000.00 4,766,000.00
Other Current Assets N/A 41,898,000.00 42,272,000.00 55,541,000.00
Equity And Liabilities N/A 4,288,100,000.00 4,839,288,000.00 4,829,313,000.00
Equity 1,531,540,000.00 1,535,055,000.00 2,097,663,000.00 2,229,556,000.00
Issued Capital N/A 177,812,000.00 177,923,000.00 173,737,000.00
Retained Earnings N/A 1,614,781,000.00 1,981,876,000.00 2,115,216,000.00
Share Premium N/A 37,884,000.00 38,850,000.00 39,519,000.00
Treasury Shares N/A 106,148,000.00 95,517,000.00 139,314,000.00
Other Reserves N/A -276,448,000.00 -136,440,000.00 -96,451,000.00
Equity Attributable To Owners Of Parent N/A 1,447,880,000.00 1,966,692,000.00 2,092,706,000.00
Noncontrolling Interests N/A 87,175,000.00 130,971,000.00 136,850,000.00
Noncurrent Liabilities N/A 1,163,759,000.00 1,105,766,000.00 875,537,000.00
Noncurrent Provisions For Employee Benefits N/A 130,948,000.00 75,971,000.00 68,037,000.00
Other Longterm Provisions N/A 25,166,000.00 23,311,000.00 27,925,000.00
Deferred Tax Liabilities N/A 38,337,000.00 52,059,000.00 44,018,000.00
Other Noncurrent Liabilities N/A 1,231,000.00 844,000.00 150,000.00
Longterm Borrowings N/A 968,076,000.00 953,581,000.00 735,408,000.00
Current Liabilities N/A 1,589,286,000.00 1,635,859,000.00 1,724,220,000.00
Current Provisions For Employee Benefits N/A 149,793,000.00 177,159,000.00 142,068,000.00
Other Shortterm Provisions N/A 11,421,000.00 4,392,000.00 6,154,000.00
Trade And Other Current Payables To Trade Suppliers N/A 668,422,000.00 1,062,185,000.00 921,113,000.00
Current Tax Liabilities Current N/A 53,543,000.00 86,131,000.00 66,180,000.00
Liabilities Included In Disposal Groups Classified As Held For Sale N/A 0.00 0.00 0.00
Other Current Liabilities N/A 64,451,000.00 68,249,000.00 88,118,000.00
Current Borrowings And Current Portion Of Noncurrent Borrowings N/A 641,655,000.00 237,742,000.00 500,588,000.00
Line item in (eur) 01.01.2020/
01.01.2021
01.01.2021/
01.01.2022
01.01.2022/
01.01.2023
Revenue 3,772,374,000.00 4,839,659,000.00 5,651,790,000.00
Revenue From Interest 3,386,000.00 3,260,000.00 5,166,000.00
Other Income 84,659,000.00 64,556,000.00 47,848,000.00
Profit Loss From Operating Activities 256,527,000.00 510,589,000.00 365,754,000.00
Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method 34,355,000.00 107,619,000.00 54,257,000.00
Profit Loss Before Tax 170,194,000.00 473,799,000.00 316,157,000.00
Income Tax Expense Continuing Operations 56,513,000.00 133,714,000.00 81,097,000.00
Profit (loss) 148,037,000.00 447,705,000.00 289,316,000.00
Profit Loss Attributable To Owners Of Parent 134,687,000.00 404,062,000.00 268,859,000.00
Profit Loss Attributable To Noncontrolling Interests 13,350,000.00 43,643,000.00 20,457,000.00
Line item in (eur) 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Profit (loss) N/A 148,037,000.00 447,705,000.00 289,316,000.00
Other Adjustments For Noncash Items N/A 270,417,000.00 188,605,000.00 296,053,000.00
Other Adjustments For Which Cash Effects Are Investing Or Financing Cash Flow N/A -38,626,000.00 -23,234,000.00 -11,381,000.00
Income Taxes Paid Refund Classified As Operating Activities N/A -56,504,000.00 -92,737,000.00 -117,289,000.00
Other Inflows Outflows Of Cash Classified As Operating Activities N/A -556,000.00 -32,620,000.00 13,800,000.00
Cash Flows From Used In Operating Activities N/A 504,921,000.00 380,491,000.00 340,292,000.00
Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities N/A 978,000.00 0.00 2,384,000.00
Purchase Of Property Plant And Equipment Classified As Investing Activities N/A 104,477,000.00 143,753,000.00 170,195,000.00
Purchase Of Intangible Assets Classified As Investing Activities N/A 3,214,000.00 8,739,000.00 14,937,000.00
Dividends Received Classified As Investing Activities N/A 25,324,000.00 24,858,000.00 67,944,000.00
Cash Flows From Used In Investing Activities N/A -31,209,000.00 -91,810,000.00 -124,956,000.00
Interest Paid Classified As Financing Activities N/A 42,864,000.00 35,170,000.00 37,428,000.00
Other Inflows Outflows Of Cash Classified As Financing Activities N/A -4,319,000.00 -29,747,000.00 68,473,000.00
Cash Flows From Used In Financing Activities N/A -82,741,000.00 -567,082,000.00 -174,398,000.00
Increase (decrease) in cash and cash equivalents before effect of exchange rate changes N/A N/A -278,401,000.00 40,937,000.00
Effect Of Exchange Rate Changes On Cash And Cash Equivalents N/A -16,731,000.00 15,255,000.00 9,888,000.00
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes N/A 390,972,000.00 -278,401,000.00 40,937,000.00
Cash and cash equivalents 566,176,000.00 940,416,000.00 677,270,000.00 728,095,000.00

Please note that some sums might not add up.

Filings & Publications

2022

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

2021

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

2020

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

Insider Trades

Date Trading entity / Person Association Trade type Volume
14.05.24 Peeters Eric Executive member Buy EUR 0.00
02.04.24 Snyder Barry Executive member Buy EUR 19,080.00
27.03.24 Kerstens Yves Board Buy EUR 64,752.00
27.03.24 Xu-Huhmann Annie Executive member Buy EUR 45,696.00
27.03.24 Boussaid Taoufiq Executive member Buy EUR 40,320.00
27.03.24 Artenberg Kerstin Executive member Buy EUR 38,832.00
27.03.24 Gunter Van Craen Executive member Buy EUR 29,184.00
21.03.24 Voet Geert Executive member Sell EUR 10,136.50
21.03.24 Voet Geert Executive member Buy EUR 5,513.42
19.03.24 Rentmeesters Raf Executive member Sell EUR 151,906.40

Capital markets information

ISIN

BE0974258874

LEI

5493008SR6XZECH6BN71

Sector

Materials

Industry Group

Materials

Industry

Metals & Mining

Sub-Industry

Steel

Listed Stock Exchange

Euronext Brussels

Main Stock Exchange

Contact Investor Relations department

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