Believe SAS (BLV) — Tangible Net Worth Ratio
Believe SAS (BLV) has a Tangible Net Worth Ratio of 59.4% as of December 2024. This metric is calculated by deducting intangible assets (€146.47 Million) from net assets (€360.52 Million) 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 BLV working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Believe SAS Tangible Net Worth Ratio (2017–2024)
This chart shows how Believe SAS's Tangible Net Worth Ratio has changed across 8 annual periods from 2017 to 2024. As of December 2024, the ratio stands at 59.4%, reflecting net assets of €360.52 Million with intangible assets of €146.47 Million EUR. See operational self-sufficiency of Believe SAS to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Believe SAS (2017–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Believe SAS from 2017 to 2024, covering 8 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 BLV market cap.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 59.4% | €360.52 Million | €146.47 Million | €1.17 Billion | ▼ -4.9 pp |
| 2023 | 64.2% | €379.21 Million | €135.57 Million | €1.11 Billion | ▼ -4.1 pp |
| 2022 | 68.3% | €384.86 Million | €121.98 Million | €1.00 Billion | ▼ -2.5 pp |
| 2021 | 70.8% | €405.10 Million | €118.12 Million | €912.84 Million | ▲ +44.1 pp |
| 2020 | 26.8% | €151.53 Million | €110.97 Million | €659.97 Million | ▼ -22.5 pp |
| 2019 | 49.3% | €176.34 Million | €89.49 Million | €590.10 Million | ▲ +161.1 pp |
| 2018 | -111.8% | €35.41 Million | €75.00 Million | €386.97 Million | ▼ -113.8 pp |
| 2017 | 1.9% | €31.42 Million | €30.81 Million | €246.23 Million | — |