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Van de Velde NV Financial Supplement Data 2026

Mar 5, 2026

4020_rns_2026-03-05_ee3ae65f-6fdf-4078-80ac-27ef053b0de7.pdf

Financial Supplement Data

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Van de Velde

05.03.2026 – 08h00

ATTACHMENT 1: CONSOLIDATED KEY FIGURES PROFIT AND LOSS STATEMENT (PREPARED IN ACCORDANCE WITH IFRS ACCOUNTING STANDARDS)

31.12.2025 31.12.2024 %
Profit and loss account (in m€)
Turnover 202.4 206.4 -2.0%
Other operating income 5.0 4.9 3.0%
Cost of materials -31.6 -35.6 -11.3%
Other expenses -76.0 -75.9 0.2%
Personnel expenses -53.3 -49.2 8.5%
Depreciation and amortization -10.7 -10.4 2.8%
Operating profit 35.7 40.2 -11.2%
Finance income 1.8 2.7
Finance costs -2.4 -2.4
Share in result of associates -1.5 0.2
Impairment financial asset -8.1 0.0
Profit before tax 25.5 40.8 -37.4%
Income taxes -7.7 -8.7
Profit for the period 17.8 32.0 -44.3%

Van de Velde NV - Lageweg 4 - 9260 Schellebelle - Belgium - T. +32 9 365 21 00 - F. +32 9 365 21 70 - www.vandevelde.eu - [email protected]


Van de Velde

ATTACHMENT 2: THE OTHER OPERATING INCOME AND EXPENSES CONSIST OF THE FOLLOWING COMPONENTS:

(in m€) 31.12.2025 31.12.2024
Income from passed on costs 3.4 3.4
Income from recovered costs 0.9 0.8
Other income 0.7 0.7
Other operating income 5.0 4.9
Subcontracting costs -20.8 -19.1
Distribution costs -12.1 -11.7
Sales and marketing costs -24.9 -25.1
General administration costs -18.2 -20.0
Other expenses -76.0 -75.9

OTHER OPERATING INCOME AND EXPENSES

Other operating income, which primarily consists of passed on costs (import duties and transportation costs) and recovered costs (personnel costs and insurance), ended in line with 2024 at €5.0 million.

Other expenses, which primarily consist of subcontracting costs and sales and marketing expenses, also ended in line with 2024, at €76.0 million. This reflects a slight increase in subcontracting costs and a slight decrease in rental and consultancy fees.

Van de Velde NV - Lageweg 4 - 9260 Schellebelle - Belgium - T. +32 9 365 21 00 - F. +32 9 365 21 70 - www.vandevelde.eu - [email protected]