Information for investors and shareholders

Overview

Share Information

Euronext

Fluxys Belgium's share is listen on Euronext. For a real-time share price visit the Euronext website.

Financial Service

Shareholders may exercise their financial rights at BELFIUS

Gross/Net dividend per share

	2022	2021	2020	2019	2018	2017	2016	2015
Gross dividend per share	1.40	1.38	1.37	1.30	1.26	1.23	1.20	1.20
Net dividend per share	0.98	0.966	0.959	0.910	0.882	0.861	0.84	0.876

Dividend payment

Payment of dividend for financial year 2022 in French and Dutch (PDF 842KB)

Payment of dividend for financial year 2021 in French and Dutch (PDF 819KB)

Payment of dividend for financial year 2020 in French and Dutch (PDF 819KB)

Payment of dividend for financial year 2019 in French and Dutch (PDF 844KB)

Payment of dividend for financial year 2018 in French (PDF 442KB) or in Dutch (PDF 458KB)

Payment of dividend for financial year 2017 in French (PDF 166KB) or in Dutch (PDF 168KB)

Payment of dividend for financial year 2016 in French (PDF 245KB) or in Dutch (PDF 261KB)

Fluxys Belgium is a public limited company and is part of the Fluxys group. The capital of Fluxys Belgium is held by:

• The public limited liability company under Belgian law Fluxys has a capital interest of 90%. This stake is divided between class B shares (83.29%) and class D shares (6.71%).
• The public holds 10% of the shares of Fluxys Belgium, class D.
• The Belgian State holds one share (the ‘golden share’).

The total number of shares is 70,263,501. All shares are entitled to dividends.

The shares are issued in the following classes: class B, D and the ‘golden share’.

• The shares of class B are and will remain registered shares.
• The shares of class D are registered or dematerialised at the discretion of the shareholder who shall bear any conversion charges.
• The class B shares are automatically converted into class D shares when they are transferred to a third party.
• 16.71% of the shares are listed on Euronext, 6.71% of them are held by Fluxys and the remaining 10% are held by the public.
• The golden share held by the Belgian State gives the federal government special rights should Fluxys Belgium consider selling strategic infrastructure whose sale would, in the competent minister's opinion, compromise the country's energy interests. The Belgian State is represented by the federal Minister of Energy. For more details on the rights attached to the special share of the Belgian State, please refer to the Corporate Governance Declaration, ‘Voting rights and special powers’. 

General shareholder info

Number of shares and voting rights
Total capital	€60,271,698.31
Total number of shares with voting right	70,263,501 shares
Total number of voting rights (denominator)	70,263,501 voting rights
Number of shares with voting right, by Category
Category B	58,523,700 shares
Category D	11,739,800 shares
Golden Share	1 share
Number of voting rights, by Category
Category B	58,523,700 voting rights
Category D	11,739,800 voting rights
Golden Share	1 voting right
Thresholds required under the articles of association
No thresholds are required under the articles of association
Warrants and convertible bonds
No warrants or convertible bonds were issued

Notifications

Notifications in accordance with the legislation on transparency

Fluxys press release relaying the information contained in the notification of 13 December 2017:
Fluxys press release dated on 2 January 2018

Ordinary notification of 13 December 2017

Notifications in accordance with the legislation on public take-over bids

Notification of major participation by Publigaz and Fluxys of 31 August 2016

Notification of major participation by Publigaz and Fluxys of 31 August 2015

Contact for transparency notifications

Financial info

Key Figures

	31/12/2022	31/12/2021
Financial ratios
Solvency	43%	57%
Interest Coverage	21.39	6.75
Net Financial Debt/extended RAB	17%	28%
FFO/Net Financial Debt	144%	25%
RCF/Net Financial Debt	125%	13%
Income statement in thousands of €
Operating Revenue	912,559	573,191
EBITDA	323,167	318,905
EBIT	147,305	137,821
Net Profit	83,728	75,521
Balance sheet in thousands of €
Investments for the period in property, plant and equipment	105,525	50,647
Total property. plant and equipment	1,855,375	1,902,037
Equity	643,617	639,674
Net Financial Debt	493,800	846,046
Total consolidated balance sheet	3,406,570	2,634,514
Financial indicators
RAB in millions of €
Transmission	2,059.1	2,047.5
Storage	228.0	228.8
LNG terminalling	305.7	303.0
Property. plant and equipment besides RAB in millions of €	417.7	410.4
Extended RAB in millions of €	3,010.6	2,989.7
WACC before taxes
Transmission	4.88%	4.92%
Storage	5.06%	5.09%
LNG terminalling	4.83%	4.99%

Glossary

Consult the glossary for a list of used definitions and calculations

Contact

Contact for financial info

Issued bonds

Amount	Issuance	Maturity	Coupon	ISIN
€300 million	October 2017	October 2027	1.750%	BE0002292614
€50 million	October 2017	October 2032	2.375%	BE0002293620
€250 million	November 2014	November 2029	2.750%	BE0002218841
€100 million	November 2014	November 2034	3.250%	BE0002219856

• 2017 prospectus: to access the prospectus detailing the bond issue, you must first read the waiver
• 2014 prospectus: to access the prospectus detailing the bond issue, you must first read the waiver

Meetings & calendar

Ordinary General Meeting on 9 May 2023

The Board of Directors of Fluxys Belgium SA has the honour to invite the shareholders of the company to attend the ordinary general meeting to be held on Tuesday 9 May 2023 from 2.30 pm at the company's registered office, Kunstlaan 31, 1040 Brussels. 

You will find more information on the practical arrangements to follow in the documents below.

• Convocation letter in French (PDF 135KB) or in Dutch (PDF 159KB)
• Notice of meeting for the Ordinary General Meeting in French (PDF 130KB) or in Dutch (PDF 129KB)
• Annual Report 2022 (PDF 10.1MB)
• Confirmation of participation in French (PDF 119KB) or in Dutch (PDF 119KB)
• Proxy vote for the Ordinary General Meeting in French (PDF 112KB) or in Dutch (PDF 110KB)

Financial Calendar

29/03/2023
Annual release:
Annual Results 2022

09/05/2023
Annual General Meeting 

28/09/2023
Annual release:
Half-yearly Results 2023

Quick links

Archive of General Meetings

Quick links

Archive of results and reports

Press releases - Regulated info 

Information regarding press releases with insider info

Governance

Corporate Governance Charter

Fluxys Belgium has adopted all the provisions on management transparency with a view to ensuring that its shareholders are provided with relevant and fair information and that all the users of its transmission grid and its facilities are treated in a non-discriminatory way and in a spirit of confidentiality.

Compliance Programme

The Executive Board and Board of Directors of Fluxys Belgium have approved the compliance programme with the rules of conduct guiding personnel in their interactions with grid users:

• rules on maintaining the confidentiality of commercial information concerning grid users, Fluxys Belgium and Fluxys LNG;
• rules on ensuring non-discriminatory and transparent treatment of all grid users or categories of grid users, including parties merely making requests for services;
• rules to ensure the independence and impartiality of personnel in their dealings with producers, distributors, suppliers and intermediaries.
  
  

The compliance programme has been communicated to the works council responsible for Fluxys Belgium and Fluxys LNG. The rules in the compliance programme are also included in the work regulations.

Articles of Association

The Articles of Association of Fluxys Belgium valid since the Extraordinary Annual General Meeting of 2020 in French (PDF 265KB) or in Dutch (PDF 180KB)