EXMAR report 2025

5.3 Statutory financial statements EXMAR NV 251 Statutory financial statements The statutory accounts of EXMAR NV are disclosed hereafter in a summarised version. The full version will be filed with the National Bank of Belgium. The full version is available on the Company’s website (www.exmar.be ) and a copy can be obtained free of charge on request. An unqualified audit opinion has been expressed by the statutory auditor. (IN THOUSANDS OF USD) 31/12/2025 31/12/2024 BALANCE SHEET  Fixed assets 516,449 484,689 (In-)tangible assets 4,502 373 Financial assets 511,947 484,315 Current assets 201,360 320,469 Amounts receivable within one year 54,041 123,445 Investments 82,914 134,811 Cash and cash equivalents 63,144 60,913 Accrued income and deferred charges 1,261 1,300 Total assets 717,809 805,158 Equity 465,556 599,625 Capital 274,955 88,812 Share premium 91,657 124,634 Reserves 95,188 94,061 Accumulated profits 3,756 292,118 Provisions and deferred taxes 2,552 2,850 Provisions 2,552 2,850 Liabilities 249,701 202,683 Amounts payable on more than one year 115,984 79,855 Amounts payable within one year 133,717 122,828 Total equity and liabilities 717,809 805,158 (IN THOUSANDS OF USD) 01/01/2025 01/01/2024 STATEMENT OF PROFIT OR LOSS 31/12/2025 31/12/2024 Operating income 5,939 5,736 Operating expenses -21,711 -9,236 Operating result -15,772 -3,500 Financial income 58,262 301,994 Financial expenses -9,790 -4,480 Result for the year before tax 32,700 294,014 Income tax -2,688 -999 Result for the year   30,012 293,015 Appropriation of result Result to be appropriated 322,130 298,979 Transfer from/(to) capital and reserves -154,294 -6,861 Result to be carried forward -3,756 -292,118 Distribution of result -164,080