NV Bekaert SA (BEKB) - Net Assets

Latest as of December 2025: €2.10 Billion EUR ≈ $2.45 Billion USD

Based on the latest financial reports, NV Bekaert SA (BEKB) has net assets worth €2.10 Billion EUR (≈ $2.45 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€3.80 Billion ≈ $4.44 Billion USD) and total liabilities (€1.70 Billion ≈ $1.99 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check NV Bekaert SA (BEKB) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€2.10 Billion
% of Total Assets	55.16%
Annual Growth Rate	4.26%
5-Year Change	-0.02%
10-Year Change	31.26%
Growth Volatility	10.79

NV Bekaert SA - Net Assets Trend (2002–2025)

This chart illustrates how NV Bekaert SA's net assets have evolved over time, based on quarterly financial data. See BEKB days of operational coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for NV Bekaert SA (2002–2025)

The table below shows the annual net assets of NV Bekaert SA from 2002 to 2025. For live valuation and market cap data, see BEKB market cap.

Year	Net Assets	Change
2025-12-31	€2.10 Billion ≈ $2.45 Billion	-9.28%
2024-12-31	€2.31 Billion ≈ $2.70 Billion	+6.73%
2023-12-31	€2.17 Billion ≈ $2.53 Billion	-2.85%
2022-12-31	€2.23 Billion ≈ $2.61 Billion	+6.29%
2021-12-31	€2.10 Billion ≈ $2.45 Billion	+36.65%
2020-12-31	€1.54 Billion ≈ $1.79 Billion	+0.23%
2019-12-31	€1.53 Billion ≈ $1.79 Billion	+1.02%
2018-12-31	€1.52 Billion ≈ $1.77 Billion	-4.23%
2017-12-31	€1.58 Billion ≈ $1.85 Billion	-0.93%
2016-12-31	€1.60 Billion ≈ $1.87 Billion	+5.71%
2015-12-31	€1.51 Billion ≈ $1.77 Billion	-3.48%
2014-12-31	€1.57 Billion ≈ $1.83 Billion	+4.15%
2013-12-31	€1.50 Billion ≈ $1.76 Billion	-6.23%
2012-12-31	€1.60 Billion ≈ $1.87 Billion	-9.21%
2011-12-31	€1.77 Billion ≈ $2.07 Billion	+4.11%
2010-12-31	€1.70 Billion ≈ $1.98 Billion	+23.52%
2009-12-31	€1.37 Billion ≈ $1.61 Billion	+17.17%
2008-12-31	€1.17 Billion ≈ $1.37 Billion	+2.25%
2007-12-31	€1.15 Billion ≈ $1.34 Billion	+2.25%
2006-12-31	€1.12 Billion ≈ $1.31 Billion	-0.79%
2005-12-31	€1.13 Billion ≈ $1.32 Billion	+17.92%
2004-12-31	€958.54 Million ≈ $1.12 Billion	+16.57%
2003-12-31	€822.29 Million ≈ $961.35 Million	+2.44%
2002-12-31	€802.75 Million ≈ $938.49 Million	--

Equity Component Analysis

This analysis shows how different components contribute to NV Bekaert SA's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 210259200000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	€2.10 Billion	101.96%
Common Stock	€159.78 Million	7.75%
Total Equity	€2.06 Billion	100.00%

NV Bekaert SA Competitors by Market Cap

The table below lists competitors of NV Bekaert SA ranked by their market capitalization.

Company	Market Cap
Innospec Inc NASDAQ:IOSP	$1.99 Billion
Foran Energy Group Co Ltd SHE:002911	$1.99 Billion
Dalian Bio-Chem Co Ltd SHG:603360	$1.99 Billion
BlackRock Science and Technology Trust II NYSE:BSTZ	$1.99 Billion
Cadeler As OL:CADLR	$1.99 Billion
Suzhou Gold Mantis Construction Decoration Co Ltd SHE:002081	$1.99 Billion
Chongqing Fuling Zhacai Group Co Ltd SHE:002507	$1.99 Billion
RLX TECH. SP.ADR/1 CL.A F:3CM	$1.99 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in NV Bekaert SA's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 2,258,079,000 to 2,062,199,999, a change of -195,879,001 (-8.7%).
Net income of 67,356,000 contributed positively to equity growth.
Dividend payments of 99,506,000 reduced retained earnings.
Share repurchases of 93,558,000 reduced equity.
Other comprehensive income increased equity by 108,950,000.
Other factors decreased equity by 179,121,001.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	€67.36 Million	+3.27%
Dividends Paid	€99.51 Million	-4.83%
Share Repurchases	€93.56 Million	-4.54%
Other Comprehensive Income	€108.95 Million	+5.28%
Other Changes	€-179.12 Million	-8.69%
Total Change	€-	-8.67%

Book Value vs Market Value Analysis

This analysis compares NV Bekaert SA's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 1.05x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 3.94x to 1.05x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2002-12-31	€10.76	€42.45	x
2003-12-31	€11.09	€42.45	x
2004-12-31	€13.81	€42.45	x
2005-12-31	€15.79	€42.45	x
2006-12-31	€15.80	€42.45	x
2007-12-31	€18.15	€42.45	x
2008-12-31	€19.04	€42.45	x
2009-12-31	€21.65	€42.45	x
2010-12-31	€27.04	€42.45	x
2011-12-31	€28.55	€42.45	x
2012-12-31	€24.23	€42.45	x
2013-12-31	€22.94	€42.45	x
2014-12-31	€23.21	€42.45	x
2015-12-31	€24.66	€42.45	x
2016-12-31	€25.79	€42.45	x
2017-12-31	€22.99	€42.45	x
2018-12-31	€21.79	€42.45	x
2019-12-31	€25.36	€42.45	x
2020-12-31	€22.58	€42.45	x
2021-12-31	€34.13	€42.45	x
2022-12-31	€36.93	€42.45	x
2023-12-31	€39.21	€42.45	x
2024-12-31	€42.99	€42.45	x
2025-12-31	€40.60	€42.45	x

Capital Efficiency Dashboard

This dashboard shows how efficiently NV Bekaert SA utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 3.27%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.82%
• Asset Turnover: 0.97x
• Equity Multiplier: 1.84x
Recent ROE (3.27%) is below the historical average (9.75%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2002	-6.48%	-2.48%	0.97x	2.69x	€-117.67 Million
2003	11.58%	4.74%	0.93x	2.62x	€11.65 Million
2004	18.42%	9.62%	0.80x	2.41x	€76.63 Million
2005	18.47%	9.92%	0.86x	2.17x	€87.06 Million
2006	14.37%	7.32%	0.91x	2.17x	€44.75 Million
2007	14.72%	7.44%	0.94x	2.11x	€51.81 Million
2008	16.96%	7.20%	1.00x	2.36x	€78.74 Million
2009	13.27%	6.99%	0.86x	2.20x	€41.95 Million
2010	24.74%	12.21%	0.89x	2.28x	€237.44 Million
2011	12.23%	6.20%	0.80x	2.46x	€37.82 Million
2012	-13.71%	-5.63%	0.94x	2.58x	€-337.15 Million
2013	1.83%	0.77%	0.94x	2.51x	€-110.05 Million
2014	6.38%	2.71%	0.81x	2.90x	€-49.50 Million
2015	7.38%	2.78%	0.95x	2.81x	€-36.25 Million
2016	7.17%	2.83%	0.86x	2.93x	€-41.54 Million
2017	12.42%	4.51%	0.92x	2.99x	€35.95 Million
2018	2.85%	0.92%	0.97x	3.19x	€-99.93 Million
2019	2.88%	0.96%	0.99x	3.04x	€-102.18 Million
2020	9.30%	3.57%	0.87x	3.00x	€-10.10 Million
2021	20.55%	8.35%	1.00x	2.46x	€207.39 Million
2022	12.85%	5.37%	1.03x	2.32x	€59.59 Million
2023	12.05%	5.88%	1.06x	1.93x	€43.33 Million
2024	10.58%	6.04%	0.95x	1.84x	€13.10 Million
2025	3.27%	1.82%	0.97x	1.84x	€-138.86 Million

Industry Comparison

This section compares NV Bekaert SA's net assets metrics with peer companies in the Metal Fabrication industry.

Industry Context

Industry: Metal Fabrication
Average net assets among peers: $2,364,138,000
Average return on equity (ROE) among peers: 6.81%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
NV Bekaert SA (BEKB)	€2.10 Billion	-6.48%	0.81x	$1.99 Billion
Viohalco S.A (VIO)	$2.36 Billion	6.81%	1.78x	$3.43 Billion

About NV Bekaert SA

BR:BEKB Belgium Metal Fabrication

Market Cap

$2.42 Billion

€2.07 Billion EUR

Market Cap Rank

#6354 Global

#32 in Belgium

Share Price

€42.45

Change (1 day)

+3.03%

52-Week Range

€33.30 - €44.70

All Time High

€46.82