Financial Information

Financial Data

Key Figures

  31/12/2020 31/12/2019
Financial ratios
Solvency
58% 58%
Interest Coverage
5.58 6.58
Net Financial Debt/extended RAB
29% 29%
FFO/Net Financial Debt
20% 22%
RCF/Net Financial Debt
20% 12%
Income statement in thousands of €
Operating Revenue 560,590 530,995
EBITDA 313,623 297,337
EBIT 133,482 134,841
Net Profit 73,237 69,498
Balance sheet in thousands of €
Investments for the period in property. plant and equipment 42,255 91,282
Total property. plant and equipment 2,011,209 2,129,400
Equity 639,038 662,677
Net Financial Debt 873,111 903,339
Total consolidated balance sheet 2,730,039 2,867,575
Financial indicators
RAB in millions of €
Transmission 2,086.9 2,125.3
Storage 235.6 239.7
LNG terminalling 302.7 314.4
Property. plant and equipment besides RAB in millions of € 420.3 413.4
Extended RAB in millions of € 3,045.4 3,092.8
WACC before taxes
Transmission 4.88% 3.87%
Storage 5.04% 3.57%
LNG terminalling
5.14% 2.85%


Financial Calendar

31/03/2021
Annual release:
Annual Results 2020

11/05/2021
Annual General Meeting 

29/09/2021
Annual release:
Half-yearly Results 2021


Financial Service

Shareholders may exercise their financial rights at BELFIUS


Glossary

Consult the glossary for a list of used definitions and calculations

Share Information

Share Price

Euronext

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

Shareholder Structure

Class D

Class D shares are quoted on Euronext Brussels.


Fluxys

Fluxys is a public limited company under Belgian law.


Golden Share

The Belgian state holds a Golden Share in order to secure the Belgian federal state energy policy and is represented by the Finance Minister.

General meetings

Ordinary General Meeting on 11 May 2021

The Board of directors of Fluxys Belgium invites you in your capacity as shareholder to attend the Ordinary General Meeting on 11 May 2021 at 14:30 CET.

Taking into account the Covid-19 pandemic and the government health measures to fight it, the Board of directors has decided that the Ordinary General Meeting will be held remotely. Participants will be able to join by videoconference according to the modalities defined in the notice of meeting.

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

  • Notice of meeting for the Ordinary General Meeting in French (PDF 132KB) or in Dutch (PDF 130KB)
  • Annual Report 2020 in French (PDF 10.8MB) or in Dutch (PDF 8.6MB)
  • Remuneration policy in French (PDF 92KB) or in Dutch (PDF 86KB)
  • Confirmation of participation in French (PDF 128KB) or in Dutch (PDF 128KB)
  • Proxy vote for the Ordinary General Meeting in French (PDF 148KB) or in Dutch (PDF 142KB)
  • Manual for the virtual Ordinary General Meeting in French (PDF 207KB) or in Dutch (PDF 207KB)

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)


Quick links

Archive of General Meetings

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

Dividend

Fluxys Belgium SA/NV's net profits totalled €70.8 million, compared with €42.5 million in 2019. This increase compared to the previous financial year is due in part to the commissioning of the fifth storage tank at the LNG terminal operated by subsidiary Fluxys LNG.

At the Annual General Meeting on 11 May 2021, Fluxys Belgium will propose a gross dividend of €1.37 per share.

Taking into account a profit of €53.6 million carried over from the previous financial year and a withdrawal of €38.7 million from the reserves, the Board of Directors will propose to the Annual General Meeting that the profits be allocated as follows:

  • €96.3 million as a dividend payout;
  • €66.8 million as profit to be carried forward.

If that profit allocation proposal is adopted, the total gross dividend for the 2020 financial year will be €1.37 per share. This amount will be payable from 19 May 2021 onwards.

Dividend payment

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)

Payment of dividend for financial year 2015 in French (PDF 317KB) or in Dutch (PDF 328KB)

Payment of dividend for financial year 2014 in French (PDF 20KB) or in Dutch (PDF 20KB)

Payment of dividend for financial year 2013 in French (PDF 42KB) or in Dutch (PDF 44KB)

Bond Information

Overview

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

Transparency

Fluxys Belgium bond issuance 2017


Fluxys Belgium bond issuance 2014


Notifications in accordance with the legislation on transparency

Ordinary notification of 13 December 2017

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


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 Legal

  • Fluxys BelgiumAvenue des Arts 31, B-1040 Brussels
    +32 2 230 02 39