ageas SA/NV (AGS) — Working Capital to Net Assets Ratio

Latest as of December 2025: -31.4%

ageas SA/NV (AGS) has a Working Capital to Net Assets ratio of -31.4% as of December 2025. Working capital of €-3.61 Billion (current assets of €64.54 Billion minus current liabilities of €68.15 Billion) is measured against net assets of €11.50 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. For the complete balance sheet picture, see AGS total assets.

WC/NA Ratio

-31.4%
Working Capital / Net Assets

Working Capital

€-3.61 Billion
EUR

Current Assets

€64.54 Billion
EUR

Current Liabilities

€68.15 Billion
EUR

ageas SA/NV Working Capital to Net Assets (2009–2025)

This chart shows how ageas SA/NV's Working Capital to Net Assets ratio has evolved across 16 annual periods from 2009 to 2025. As of December 2025, the ratio stands at -31.4%, reflecting working capital of €-3.61 Billion against net assets of €11.50 Billion EUR. Explore AGS capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.

Annual Working Capital to Net Assets for ageas SA/NV (2009–2025)

The table below presents the year-by-year Working Capital to Net Assets ratio for ageas SA/NV from 2009 to 2025, covering 16 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Explore long-term investment intensity of ageas SA/NV to see how much of total assets are deployed in long-term investments.

Year WC/NA Ratio Working Capital (EUR) Net Assets Current Assets Current Liabilities Change (pp)
2025 -31.4% €-3.61 Billion €11.50 Billion €64.54 Billion €68.15 Billion ▲ +2.1 pp
2024 -33.5% €-2.95 Billion €8.80 Billion €2.14 Billion €5.08 Billion ▼ -47.4 pp
2023 13.9% €1.18 Billion €8.50 Billion €1.88 Billion €697.00 Million ▼ -466.1 pp
2022 480.0% €41.43 Billion €8.63 Billion €42.14 Billion €704.00 Million ▲ +81.5 pp
2021 398.5% €56.47 Billion €14.17 Billion €57.19 Billion €723.00 Million ▼ -40.2 pp
2020 438.7% €60.42 Billion €13.77 Billion €61.22 Billion €801.00 Million ▼ -24.1 pp
2019 462.8% €62.39 Billion €13.48 Billion €63.05 Billion €658.50 Million ▼ -48.2 pp
2018 511.0% €58.87 Billion €11.52 Billion €59.52 Billion €654.00 Million ▼ -83.6 pp
2017 594.6% €60.42 Billion €10.16 Billion €61.11 Billion €689.10 Million ▼ -23.4 pp
2016 618.0% €63.07 Billion €10.21 Billion €63.78 Billion €712.20 Million ▲ +93.7 pp
2015 524.2% €62.78 Billion €11.97 Billion €63.94 Billion €1.16 Billion ▼ -66.1 pp
2014 590.4% €64.42 Billion €10.91 Billion €65.65 Billion €1.23 Billion ▼ -28.8 pp
2013 619.2% €58.34 Billion €9.42 Billion €59.48 Billion €1.15 Billion ▲ +83.6 pp
2012 535.6% €57.77 Billion €10.79 Billion €59.67 Billion €1.90 Billion ▲ +729.4 pp
2010 -193.8% €-19.13 Billion €9.87 Billion €7.79 Billion €26.91 Billion ▼ -48.2 pp
2009 -145.6% €-14.56 Billion €10.00 Billion €9.77 Billion €24.33 Billion
pp = percentage points