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Orange Belgium OBEL.BR · EUR

Communication Services · Euronext Brussels · 🇧🇪 Belgium

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22.20

0.00%

Close of 9 Nov 2026, in EUR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in EUR, from our data supplier.

FY2025

Revenue

€1.96bn

FY2016FY2025

Net income

€41.3m

FY2016FY2025

Free cash flow

€144.4m

FY2016FY2025

Shareholders' equity

€1.01bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue€1.96bn€1.99bn€1.75bn€1.39bn€1.33bn€1.28bn€1.29bn€1.22bn€1.25bn€1.24bn
Operating income€136.4m€118.8m€78.8m€95.7m€55.7m€69.4m€46.4m€43.2m€64.4m€107.2m
Net income€41.3m€22.2m€44,000€58.2m€39.7m€54.0m€34.0m€32.4m€39.0m€76.6m
Diluted earnings per share0.610.330.000.970.660.900.570.540.661.28

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets€4.10bn€4.08bn€4.13bn€2.09bn€1.66bn€1.75bn€1.80bn€1.46bn€1.44bn€1.52bn
Cash and short-term investments€82.6m€60.4m€47.7m€35.9m€54.2m€61.2m€20.5m€27.0m€13.5m€51.9m
Total liabilities€3.09bn€3.12bn€3.46bn€1.40bn€1.04bn€1.14bn€1.21bn€876.0m€894.2m€991.8m
Debt€1.93bn€2.14bn€2.20bn€488.7m€423.2m€509.7m€550.7m€290.7m€325.7m€389.3m
Shareholders' equity€1.01bn€959.3m€664.5m€689.0m€624.2m€613.9m€592.1m€587.1m€542.0m€532.4m
Shares outstanding67m67m60m60m60m60m60m60m59m60m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations€525.6m€502.8m€377.3m€389.5m€367.9m€344.4m€339.5m€261.4m€266.8m€298.9m
Capital spending−€381.2m−€368.5m−€304.1m−€776.9m−€225.9m−€177.7m−€180.2m−€179.4m−€188.4m−€167.6m
Free cash flow€144.4m€134.3m€73.2m−€387.4m€142.0m€166.7m€159.3m€82.0m€78.4m€131.2m
Dividends paid——−€403,000−€1,000−€30.0m−€30.0m−€30.0m−€30.0m−€30.0m−€15,000

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue€483.3m€483.3m€500.3m€500.3m€481.4m€481.4m€508.1m€508.1m
Operating income€36.3m€36.3m€38.6m€38.6m€29.6m€29.6m€39.4m€39.4m
Net income€8.8m€8.8m€19.4m€19.4m€1.3m€1.3m€17.4m€17.4m
Diluted earnings per share0.130.130.290.290.020.020.260.26
Cash from operations€135.0m€135.0m€138.0m€138.0m€124.0m€124.0m€111.0m€111.0m
Capital spending−€93.0m−€93.0m−€59.0m−€59.0m−€92.0m−€92.0m−€94.0m−€94.0m
Free cash flow€42.0m€42.0m€79.0m€79.0m€32.0m€32.0m€17.0m€17.0m
Total assets€4.06bn€4.06bn€4.10bn€4.10bn€4.04bn€4.04bn€4.08bn€4.08bn
Cash and short-term investments€60.9m€60.9m€82.6m€82.6m€51.5m€51.5m€60.4m€60.4m
Debt€57.1m€57.1m€1.93bn€234.5m€1.97bn€258.8m€1.99bn€105.8m
Shareholders' equity€1.03bn€1.03bn€1.01bn€1.01bn€962.6m€962.6m€959.3m€959.2m

Financial ratios

Data as of 4 Nov 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2012FY2011FY2010
Operating margin6.9%5.9%4.5%6.9%4.2%5.4%———
Net margin2.1%1.1%0.0%4.2%3.0%4.2%———
Return on equity4.1%2.3%0.0%8.4%6.4%8.8%———
Return on assets1.0%0.5%0.0%2.8%2.4%3.1%———
Free cash flow yield60.6%58.2%51.2%87.6%44.6%39.2%———
Revenue growth-1.5%14.0%25.8%4.7%3.4%-0.5%———
Earnings growth86.0%50354.5%-99.9%46.4%-26.4%58.9%———
Current ratio0.54x0.61x0.43x0.37x0.61x0.48x———
Debt to equity1.91x2.08x3.49x0.39x0.27x0.41x———
Equity ratio24.6%23.5%16.1%32.9%37.6%35.0%———
Interest coverage1.41x1.03x0.97x6.78x17.24x13.12x———
R&D as a share of sales——————0.2%0.2%0.3%
Buybacks as a share of market value-0.0%-12.5%0.0%0.0%-0.0%0.0%———

Growth per year

Compound annual rate

3 years5 years10 years
Revenue12.2%8.9%4.7%
Operating income12.5%14.5%-6.0%
Net income-10.8%-5.2%-6.0%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin6.4%6.1%5.7%6.7%
Net margin1.6%1.7%2.2%3.0%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings31.445.1—17.830.024.236.531.926.515.6
Price to sales0.70.50.50.70.91.01.00.80.81.0

Dividends and splits

Per share, in the currency the company pays

Paid for 0 years. Last went ex-dividend on 15 Jun 2021.

FY2021FY2020FY2019FY2018FY2017FY2013FY2012FY2011
Paid in the year0.500.500.500.500.501.803.704.30

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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