Fluxys Belgium - Regulated information
2023 annual results
28 March 2024 6:15 PM - Regulated information: 2023 annual results
- Consolidated net profit was EUR 77.4 million (EUR 83.7 million in 2022): reduction in the fair margin set by the tariff methodology for the LNG terminal
- Proposed allocation of profit submitted to the Annual General Meeting on 14 May 2024: gross dividend of EUR 1.40 per share (2023: EUR 1.40 per share)
- Supporting security of supply 24/7: maintenance of significant volumes to the Netherlands and Germany, and additional transmission capacity in service
- Hydrogen and CO2 backbones take shape: preparations underway to offer the first hydrogen and CO2 transmission capacity in Belgium starting in 2026
- First steps towards underground hydrogen storage: hydrogen injection test at our underground storage facility in Loenhout
- System operator candidates Fluxys hydrogen and Fluxys c-grid: Two Fluxys Belgium subsidiaries ready to play a role in the future hydrogen and CO2 economy in Belgium
- Strong partnerships to make Belgium a multi-molecule hub: conclusion of agreements with German, Dutch and British partners to connect the hydrogen and CO2 networks
- Using seawater to reduce our CO2 emissions: commissioning of three additional Open Rack Vaporisers that use heat from seawater to convert LNG to gas
In this press release
Key financial data
Key events
On deck 24/7 for security of supply
Additional transmission capacity
Lesen Sie auch
Hydrogen and CO2 backbones take shape
First steps towards underground hydrogen storage
Fluxys hydrogen and Fluxys c-grid candidate network operators
Strong partners for a solid hub
Using sea water to reduce our CO2 emissions
Fluxys Belgium – 2023 results (according to Belgian standards): proposed allocation of profit
Financial outlook for 2024
External audit
Contact
About Fluxys Belgium
Annex
Key financial data
Income statement | (in thousands of EUR) | 31/12/2023 | 31/12/2022 |
Operating revenue | 592,788 | 912,559 | |
EBITDA* | 285,809 | 323,167 | |
EBIT* | 129,570 | 147,305 | |
Net profit | 77,423 | 83,728 | |
Balance sheet | (in thousands of EUR) | 31/12/2023 | 31/12/2022 |
Investments in property, plant and equipment for the period | 167,654 | 105,525 | |
Total property, plant and equipment | 1,873,286 | 1,855,375 | |
Equity | 613,413 | 643,617 | |
Net financial debt* | 219,404 | 493,800 | |
Total consolidated balance sheet | 3,358,616 | 3,406,570 |
*For definitions and reasons for using these indicators, see the annex.