CMB.TECH NV Files 6-K with H1 2025 Financials

TL;DR

CMB.TECH NV dropped its Q2 2025 financials, showing key equity and retained earnings figures.

AI Summary

CMB.TECH NV (formerly Euronav NV) filed a 6-K report for the period ending June 30, 2025. The filing includes financial data for the first half of 2025 and the full year 2024, with comparative figures from 2023. Key financial statement items like issued capital, share premium, retained earnings, and equity attributable to owners of the parent are reported.

Why It Matters

This filing provides investors with updated financial performance data for CMB.TECH NV, crucial for assessing the company's financial health and investment potential.

Risk Assessment

Risk Level: low — This is a routine financial filing (6-K) providing standard financial disclosures.

Key Numbers

• 2025-06-30 — Reporting Period End Date (Indicates the end of the financial period covered by the report.)
• 2024-12-31 — Previous Year End Date (Provides a comparative financial snapshot from the prior year.)

Key Players & Entities

• CMB.TECH NV (company) — Filer of the report
• Euronav NV (company) — Former name of CMB.TECH NV
• 20250630 (date) — End of the reporting period
• 20250930 (date) — Filing date

FAQ

Filing Documents

• eurn-20250630.htm (6-K) — 4416KB
• 0001604481-25-000010.txt ( ) — 22481KB
• eurn-20250630.xsd (EX-101.SCH) — 126KB
• eurn-20250630_cal.xml (EX-101.CAL) — 122KB
• eurn-20250630_def.xml (EX-101.DEF) — 591KB
• eurn-20250630_lab.xml (EX-101.LAB) — 970KB
• eurn-20250630_pre.xml (EX-101.PRE) — 808KB
• eurn-20250630_htm.xml (XML) — 6186KB

forward-looking statements. We undertake no obligation, and specifically decline any obligation, except as

forward-looking statements. We undertake no obligation, and specifically decline any obligation, except as required by law, to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Given these uncertainties, prospective investors are cautioned not to place undue reliance on such forward-looking statements. We undertake no obligation, and specifically decline any obligation, except as required by law, to publicly update or revise any forward- looking statements, whether as a result of new information, future events or otherwise. CONDENSED INTERIM FINANCIAL STATEMENTS AND PREPARATION BASE This document contains the condensed consolidated interim financial statements for the six-month period ended June 30, 2025. The financial report has been prepared in accordance with International Financial Reporting Standards issued by the International Accounting Standards Board (IASB) and as adopted by the European Union, collectively "IFRS". Throughout this report, all references to "CMB.TECH," the "Company," "we," "our," and "us" refer to CMB.TECH NV and its subsidiaries. Unless otherwise indicated, all references to "U.S. dollars," "USD," "dollars," "US$" and "$" in this annual report are to the lawful currency of the United States of America and references to "Euro," "EUR," and "" are to the lawful currency of Belgium. 6 CMB.TECH Financial Report HY 2025 Unaudited condensed consolidated interim statement of financial position (in thousands of USD) Note June 30, 2025 December 31, 2024 ASSETS Non-current assets Vessels 12 6,306,131 2,617,484 Assets under construction 12 746,330 628,405 Right-of-use assets 12 202,564 1,910 Other tangible assets 12 23,741 21,628 Prepayments 12 876 1,657 Intangible assets 13 16,675 16,187 Goodwill 13 172,350 — Receivables 20 89,211 75,076 Investments 25 117,948 61,806 D

financial statements

financial statements 9 CMB.TECH Financial Report HY 2025 Unaudited condensed consolidated interim statement of profit or loss (in thousands of USD except per share amounts) Note 2025 2024 Jan. 1 - Jun. 30, 2025 Jan. 1 - Jun. 30, 2024 Shipping income Revenue 9 622,852 492,377 Gains on disposal of vessels/other tangible assets 12 103,791 502,547 Other operating income 9 20,155 38,245 Total shipping income 746,798 1,033,169 Operating expenses Raw materials and consumables - ( 5,128 ) ( 1,678 ) Voyage expenses and commissions 10 ( 123,742 ) ( 85,903 ) Vessel operating expenses 10 ( 175,473 ) ( 100,013 ) Charter hire expenses - ( 1,620 ) ( 17 ) Depreciation tangible assets 12 ( 162,767 ) ( 80,529 ) Amortisation intangible assets 13 ( 1,602 ) ( 1,348 ) Impairment losses - ( 3,573 ) — General and administrative expenses 10 ( 56,395 ) ( 36,287 ) Total operating expenses ( 530,300 ) ( 305,775 ) RESULT FROM OPERATING ACTIVITIES 216,498 727,394 Finance income 11 25,707 23,416 Finance expenses 11 ( 208,147 ) ( 69,396 ) Net finance expenses ( 182,440 ) ( 45,980 ) Share of profit (loss) of equity accounted investees (net of income tax) 25 1,571 2,570 PROFIT (LOSS) BEFORE INCOME TAX 35,629 683,984 Income tax benefit (expense) - ( 2,840 ) ( 4,364 ) PROFIT (LOSS) FOR THE PERIOD 32,789 679,620 Attributable to: 15 51,766 679,620 Non-controlling interest ( 18,977 ) — Basic earnings per share 15 0.27 3.43 Diluted earnings per share 15 0.27 3.43 Weighted average number of shares (basic) 15 194,216,835 197,886,375 Weighted average number of shares (diluted) 15 194,216,835 197,886,375 The accompanying notes on pages 12 to 54 are an integral part of these condensed consolidated interim financial 10 CMB.TECH Financial Report H

financial statements ("interim financial statements") as at and for the six months ended June 30, 2025

financial statements ("interim financial statements") as at and for the six months ended June 30, 2025 comprise the Company and its subsidiaries (together referred to as the "Group") and the Group's interests in associates and joint ventures. Note 2 - Basis of preparation These condensed consolidated interim financial statements have been prepared in accordance with lAS 34 Interim Financial Reporting. They do not include all the information required for a complete set of IFRS annual financial statements and should therefore be read in conjunction with the consolidated financial International Financial Reporting Standards issued by the International Accounting Standards Board (IASB) and as adopted by the European Union, collectively "IFRS". Changes to and new significant accounting policies are described in Note 4. These condensed consolidated interim financial statements were authorized for issue by the Supervisory Board on August 25, 2025. Note 3 - Use of judgements and estimates The preparation of interim financial statements requires management to make judgements, estimates and assumptions that affect the application of accounting policies and the reported amounts of assets and liabilities, income and expenses. Actual results may differ from these estimates. The significant judgements made by management in applying the Group's accounting policies and the key sources of estimation uncertainty were the same as those described in the consolidated last annual

financial statements with the exception of the control assessment relating to the participation in Golden

financial statements with the exception of the control assessment relating to the participation in Golden Ocean Group Limited. On March 4, 2025, the Company announced that it entered into a share purchase agreement with Hemen Holding Limited ("Hemen") for the acquisition of 81,363,730 shares in Golden Ocean Group Limited ("Golden ocean") representing approximately 40.8 % of Golden Ocean's issued and outstanding voting shares at a price of USD 14.49 per share. Following the closing of the Share Purchase on March 12, 2025, CMB.TECH holds 40.8 % of Golden Ocean's outstanding common shares. As the remaining shareholdings are widely dispersed and no contractual agreements are in place with other shareholders regarding preferred voting rights, the shareholding of 40.8 % is considered a majority shareholding. Based on voting patterns at the three most recent shareholder meetings, it can be concluded that, following completion of the share purchase on March 12, 2025, CMB.TECH ho

View Full Filing

View this 6-K filing on SEC EDGAR