ageas SA/NV (AGS) — Tangible Net Worth Ratio

Latest as of June 2025: 81.7%

ageas SA/NV (AGS) has a Tangible Net Worth Ratio of 81.7% as of June 2025. This metric is calculated by deducting intangible assets (€1.68 Billion) from net assets (€9.14 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See working capital position of ageas SA/NV to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

81.7%
Tangible equity / total equity

Net Assets (Equity)

€9.14 Billion
EUR

Intangible Assets

€1.68 Billion
Goodwill, patents, brand value

Total Assets

€99.48 Billion
EUR

ageas SA/NV Tangible Net Worth Ratio (2003–2024)

This chart shows how ageas SA/NV's Tangible Net Worth Ratio has changed across 22 annual periods from 2003 to 2024. As of June 2025, the ratio stands at 81.7%, reflecting net assets of €9.14 Billion with intangible assets of €1.68 Billion EUR. See ageas SA/NV (AGS) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for ageas SA/NV (2003–2024)

The table below presents the year-by-year Tangible Net Worth Ratio for ageas SA/NV from 2003 to 2024, covering 22 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see ageas SA/NV market capitalisation.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2024 88.8% €8.80 Billion €984.00 Million €98.45 Billion ▼ -0.9 pp
2023 89.7% €8.50 Billion €873.00 Million €96.69 Billion ▲ +0.9 pp
2022 88.8% €8.63 Billion €963.00 Million €100.30 Billion ▼ -6.2 pp
2021 95.0% €14.17 Billion €706.00 Million €111.14 Billion ▼ -0.4 pp
2020 95.4% €13.77 Billion €627.00 Million €111.42 Billion ▼ -0.2 pp
2019 95.6% €13.48 Billion €588.40 Million €109.45 Billion ▼ -0.1 pp
2018 95.7% €11.52 Billion €495.00 Million €101.69 Billion ▲ +0.8 pp
2017 94.9% €10.16 Billion €518.60 Million €103.34 Billion ▼ 0.0 pp
2016 94.9% €10.21 Billion €520.30 Million €104.29 Billion ▲ +0.9 pp
2015 94.0% €11.97 Billion €716.50 Million €104.49 Billion ▲ +0.5 pp
2014 93.5% €10.91 Billion €708.80 Million €103.56 Billion ▲ +0.9 pp
2013 92.6% €9.42 Billion €695.00 Million €95.74 Billion ▼ -0.4 pp
2012 93.0% €10.79 Billion €753.60 Million €97.11 Billion ▲ +12.1 pp
2011 80.9% €8.37 Billion €1.59 Billion €90.60 Billion ▼ -2.0 pp
2010 82.9% €9.87 Billion €1.69 Billion €99.17 Billion ▼ -3.3 pp
2009 86.2% €10.00 Billion €1.38 Billion €93.24 Billion ▲ +4.9 pp
2008 81.3% €7.31 Billion €1.37 Billion €92.87 Billion ▼ -8.9 pp
2007 90.2% €34.19 Billion €3.34 Billion €871.18 Billion ▲ +0.7 pp
2006 89.5% €21.55 Billion €2.26 Billion €775.23 Billion ▼ -0.7 pp
2005 90.2% €19.66 Billion €1.92 Billion €728.99 Billion ▼ -9.8 pp
2004 100.0% €15.82 Billion €0.00 €570.65 Billion ▲ +0.0 pp
2003 100.0% €14.02 Billion €0.00 €523.25 Billion
pp = percentage points