Brederode SA (BREB) - Net Assets
Based on the latest financial reports, Brederode SA (BREB) has net assets worth €4.23 Billion EUR (≈ $4.94 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 (€4.23 Billion ≈ $4.94 Billion USD) and total liabilities (€1.19 Million ≈ $1.39 Million 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 tangible net worth ratio of Brederode SA to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €4.23 Billion |
| % of Total Assets | 99.97% |
| Annual Growth Rate | 9.1% |
| 5-Year Change | 14.98% |
| 10-Year Change | 147.81% |
| Growth Volatility | 17.43 |
Brederode SA - Net Assets Trend (2003–2025)
This chart illustrates how Brederode SA's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Brederode SA to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Brederode SA (2003–2025)
The table below shows the annual net assets of Brederode SA from 2003 to 2025. For live valuation and market cap data, see Brederode SA stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €4.23 Billion ≈ $4.94 Billion |
+2.03% |
| 2024-12-31 | €4.14 Billion ≈ $4.84 Billion |
+9.97% |
| 2023-12-31 | €3.77 Billion ≈ $4.40 Billion |
+5.54% |
| 2022-12-31 | €3.57 Billion ≈ $4.17 Billion |
-2.91% |
| 2021-12-31 | €3.68 Billion ≈ $4.30 Billion |
+37.57% |
| 2020-12-31 | €2.67 Billion ≈ $3.12 Billion |
+9.51% |
| 2019-12-31 | €2.44 Billion ≈ $2.85 Billion |
+21.40% |
| 2018-12-31 | €2.01 Billion ≈ $2.35 Billion |
+8.49% |
| 2017-12-31 | €1.85 Billion ≈ $2.17 Billion |
+8.62% |
| 2016-12-31 | €1.71 Billion ≈ $1.99 Billion |
+13.88% |
| 2015-12-31 | €1.50 Billion ≈ $1.75 Billion |
+15.04% |
| 2014-12-31 | €1.30 Billion ≈ $1.52 Billion |
+16.35% |
| 2013-12-31 | €1.12 Billion ≈ $1.31 Billion |
+8.13% |
| 2012-12-31 | €1.03 Billion ≈ $1.21 Billion |
+9.30% |
| 2011-12-31 | €946.81 Million ≈ $1.11 Billion |
+4.45% |
| 2010-12-31 | €906.48 Million ≈ $1.06 Billion |
+7.62% |
| 2009-12-31 | €842.29 Million ≈ $984.72 Million |
+17.94% |
| 2008-12-31 | €714.17 Million ≈ $834.94 Million |
-39.70% |
| 2007-12-31 | €1.18 Billion ≈ $1.38 Billion |
+56.89% |
| 2004-12-31 | €754.84 Million ≈ $882.48 Million |
+21.35% |
| 2003-12-31 | €622.03 Million ≈ $727.22 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Brederode 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 90676.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €3.58 Billion | 84.74% |
| Common Stock | €182.71 Million | 4.32% |
| Other Components | €462.19 Million | 10.93% |
| Total Equity | €4.23 Billion | 100.00% |
Brederode SA Competitors by Market Cap
The table below lists competitors of Brederode SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Applied Opt
NASDAQ:AAOI
|
$2.97 Billion |
|
Vohringer Home Technology Co Ltd
SHG:603226
|
$2.97 Billion |
|
Tomra Systems ASA
OL:TOM
|
$2.97 Billion |
|
Madison Square Garden Entertainment Corp
NYSE:MSGE
|
$2.97 Billion |
|
Versigent PLC
NYSE:VGNT
|
$2.97 Billion |
|
Ashland Global Holdings Inc
NYSE:ASH
|
$2.97 Billion |
|
Chengdu Xingrong Investment Co Ltd
SHE:000598
|
$2.96 Billion |
|
Nickel Industries Ltd
AU:NIC
|
$2.96 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Brederode SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,142,660,000 to 4,226,920,000, a change of 84,260,000 (2.0%).
- Net income of 124,400,000 contributed positively to equity growth.
- Dividend payments of 40,150,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €124.40 Million | +2.94% |
| Dividends Paid | €40.15 Million | -0.95% |
| Other Changes | €10.00K | +0.0% |
| Total Change | €- | 2.03% |
Book Value vs Market Value Analysis
This analysis compares Brederode 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: 0.71x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 5.93x to 0.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | €17.28 | €102.40 | x |
| 2004-12-31 | €20.05 | €102.40 | x |
| 2005-12-31 | €31.42 | €102.40 | x |
| 2006-12-31 | €35.75 | €102.40 | x |
| 2007-12-31 | €36.74 | €102.40 | x |
| 2008-12-31 | €22.93 | €102.40 | x |
| 2009-12-31 | €27.05 | €102.40 | x |
| 2010-12-31 | €29.63 | €102.40 | x |
| 2011-12-31 | €31.59 | €102.40 | x |
| 2012-12-31 | €35.04 | €102.40 | x |
| 2013-12-31 | €38.15 | €102.40 | x |
| 2014-12-31 | €45.02 | €102.40 | x |
| 2015-12-31 | €51.11 | €102.40 | x |
| 2016-12-31 | €58.20 | €102.40 | x |
| 2017-12-31 | €63.22 | €102.40 | x |
| 2018-12-31 | €68.59 | €102.40 | x |
| 2019-12-31 | €83.27 | €102.40 | x |
| 2020-12-31 | €91.19 | €102.40 | x |
| 2021-12-31 | €125.45 | €102.40 | x |
| 2022-12-31 | €121.79 | €102.40 | x |
| 2023-12-31 | €128.55 | €102.40 | x |
| 2024-12-31 | €141.36 | €102.40 | x |
| 2025-12-31 | €144.24 | €102.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Brederode 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): 2.94%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 99.99%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.00x
- Recent ROE (2.94%) is below the historical average (8.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 12.71% | 241.14% | 0.04x | 1.19x | €16.86 Million |
| 2004 | 10.27% | 312.38% | 0.03x | 1.10x | €2.02 Million |
| 2005 | 23.77% | 676.47% | 0.04x | 1.00x | €148.25 Million |
| 2006 | 15.49% | 433.63% | 0.04x | 1.00x | €66.94 Million |
| 2007 | 4.11% | 182.33% | 0.02x | 1.08x | €-69.73 Million |
| 2008 | -62.91% | -1055.56% | 0.06x | 1.01x | €-520.68 Million |
| 2009 | 16.72% | 91.51% | 0.18x | 1.02x | €56.59 Million |
| 2010 | 10.52% | 90.81% | 0.11x | 1.03x | €4.68 Million |
| 2011 | 7.33% | 97.79% | 0.07x | 1.02x | €-25.29 Million |
| 2012 | 11.28% | 93.24% | 0.12x | 1.00x | €13.21 Million |
| 2013 | 9.27% | 85.86% | 0.11x | 1.02x | €-8.21 Million |
| 2014 | 17.39% | 567.83% | 0.03x | 1.01x | €96.26 Million |
| 2015 | 14.96% | 93.65% | 0.16x | 1.01x | €74.31 Million |
| 2016 | 10.06% | 99.89% | 0.10x | 1.00x | €1.02 Million |
| 2017 | 9.16% | 100.00% | 0.09x | 1.00x | €-15.61 Million |
| 2018 | 9.07% | 99.99% | 0.09x | 1.00x | €-18.73 Million |
| 2019 | 18.75% | 100.00% | 0.19x | 1.00x | €213.62 Million |
| 2020 | 9.81% | 100.00% | 0.10x | 1.00x | €-5.21 Million |
| 2021 | 28.17% | 100.00% | 0.28x | 1.00x | €667.93 Million |
| 2022 | -2.05% | 0.00% | -0.02x | 1.00x | €-430.23 Million |
| 2023 | 6.20% | 818.10% | 0.01x | 1.00x | €-143.07 Million |
| 2024 | 9.98% | 109.70% | 0.09x | 1.00x | €-1.01 Million |
| 2025 | 2.94% | 99.99% | 0.03x | 1.00x | €-298.29 Million |
Industry Comparison
This section compares Brederode SA's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $2,403,943,199
- Average return on equity (ROE) among peers: 2.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Brederode SA (BREB) | €4.23 Billion | 12.71% | 0.00x | $2.97 Billion |
| Candela Invest SA (CAND) | $5.54 Million | 11.04% | 1.66x | $2.15 Million |
| Compagnie du Bois Sauvage SA (COMB) | $206.30 Million | 11.18% | 0.99x | $497.15 Million |
| Groep Brussel Lambert NV (GBLB) | $7.16 Billion | 7.19% | 0.16x | $9.89 Billion |
| GIMV NV (GIMB) | $1.01 Billion | 11.66% | 0.57x | $1.61 Billion |
| KBC Ancora (KBCA) | $2.72 Million | 30.98% | 0.14x | $5.58 Billion |
| Quest For Growth - Pricaf (QFG) | $67.37 Million | -71.85% | 0.00x | $64.61 Million |
| Sofina Société Anonyme (SOF) | $10.31 Billion | 13.19% | 0.08x | $8.86 Billion |
| TINC Comm VA (TINC) | $480.41 Million | 7.62% | 0.00x | $525.58 Million |
About Brederode SA
Brederode SA is a venture capital and private equity firm specializing in direct and fund of fund investments. Within direct investment, it specializes in buyouts, middle market, growth capital, leveraged buyout and mature investments. Within fund of fund investments, the firm prefers to invest in private equity funds. It also invests in funds through secondary investments. The firm invests in bo… Read more