Gimv Balance Sheet Health

Financial Health criteria checks 3/6

Gimv has a total shareholder equity of €1.5B and total debt of €350.0M, which brings its debt-to-equity ratio to 23.5%. Its total assets and total liabilities are €1.9B and €427.9M respectively. Gimv's EBIT is €223.8M making its interest coverage ratio 62.4. It has cash and short-term investments of €346.8M.

Key information

23.5%

Debt to equity ratio

€350.00m

Debt

Interest coverage ratio	62.4x
Cash	€346.84m
Equity	€1.49b
Total liabilities	€427.94m
Total assets	€1.92b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 0EKR's short term assets (€349.9M) exceed its short term liabilities (€34.3M).

Long Term Liabilities: 0EKR's short term assets (€349.9M) do not cover its long term liabilities (€393.7M).

Debt to Equity History and Analysis

Debt Level: 0EKR's net debt to equity ratio (0.2%) is considered satisfactory.

Reducing Debt: 0EKR's debt to equity ratio has increased from 0% to 23.5% over the past 5 years.

Debt Coverage: 0EKR's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 0EKR's interest payments on its debt are well covered by EBIT (62.4x coverage).

Gimv Balance Sheet Health

Financial Health criteria checks 3/6

Key information

Recent financial health updates

Recent updates

The Martens Brewery of Bocholt acquired United Dutch Breweries B.V. from Gimv NV (ENXTBR:GIMB) and management.

BiZZdesign BV agreed to acquire MEGA International S.A. from Gimv NV (ENXTBR:GIMB).

Upcoming dividend of €1.82 per share

New minor risk - Financial data availability

WorxInvest NV completed the acquisition of 27.81% stake in Gimv NV (ENXTBR:GIMB) from Flemish Community.

Sagard SAS acquired Groupe Acceo from Gimv NV (ENXTBR:GIMB).

Gimv NV to Report Fiscal Year 2024 Results on May 23, 2024

First half 2024 earnings released: EPS: €5.81 (vs €2.80 loss in 1H 2023)

Crédit Mutuel Equity signed an agreement to acquire unknown majority stake in Groupe CLAIRE SAS from Gimv NV (ENXTBR:GIMB).

Full year 2023 earnings released: €2.20 loss per share (vs €6.59 profit in FY 2022)

First half 2023 earnings released: €2.80 loss per share (vs €5.22 profit in 1H 2022)

Management of Biolam acquired an unknown minority stake in Biolam from Gimv NV (ENXTBR:GIMB).

Now 19% undervalued after recent price drop

Insufficient new directors

Now 20% undervalued after recent price drop

Gimv NV to Report Fiscal Year 2023 Results on May 17, 2023

Gimv NV, Annual General Meeting, Jun 28, 2023

Now 21% undervalued after recent price drop

Now 21% undervalued

GIMV NV (ENXTBR:GIMB) acquired 30% stake in Picot SA.

GIMV NV (ENXTBR:GIMB) completed the acquisition of 20.87% stake in Bioconnection B.V. from Pharming Group N.V. (ENXTAM:PHARM).

Now 20% undervalued

Insufficient new directors

GIMV NV (ENXTBR:GIMB) reached an agreement to acquire 20.87% stake in Bioconnection B.V. from Pharming Group N.V. (ENXTAM:PHARM) for ?6.9 million.

Now 20% undervalued

STRACO acquired an unknown majority stake in Incendin NV from GIMV NV (ENXTBR:GIMB).

Now 20% undervalued after recent price drop

Now 20% undervalued after recent price drop

Now 22% undervalued after recent price drop

First half 2022 earnings released: EPS €5.22 (vs €3.61 in 1H 2021)

Full year 2021 earnings released: EPS €7.96 (vs €5.96 loss in FY 2020)

GIMV NV (ENXTBR:GIMB) agreed to acquire an unknown minority stake in Projective NV.

GIMV NV (ENXTBR:GIMB) along with the management agreed to acquire an unknown majority stake in Verkley B.V. from PMH Investments.

New 90-day low: €48.65

New 90-day high: €51.13

Belden Inc. (NYSE:BDC) entered into a definitive agreement to acquire OTN Systems N.V. from GIMV NV (ENXTBR:GIMB), Manuardeo and management for approximately $71 million.

New 90-day high: €50.60

Parcom Capital has reached an agreement to acquire majority stake in CFL Holding BV from GIMV NV (ENXTBR:GIMB).

First half 2021 earnings released: EPS €3.61

New 90-day high: €49.00

GIMV NV, Annual General Meeting, Jun 30, 2021

New 90-day low: €45.25

Management of Ecu-Line and Allcargo acquired 100% stake in Ecu-Line from ABN AMRO and GIMV.

Katoen Natie acquired Nieuwe Havema N.V. from GIMV, Mercator and other shareholders.

Individuals announced the acquisition of 40% stake in Begro N.V. from GIMV NV.

An undisclosed buyer acquired an unknown stake in Govecs AG from GIMV NV (ENXTBR:GIMB).

The management of PROXIAD Group S.A.S. acquired an unknown stake in PROXIAD Group S.A.S. from GIMV NV (ENXTBR:GIMB).

Babyshop Sthlm AB acquired BEBEO SA from GIMV NV (ENXTBR:GIMB) and Nathalie Genty.

Tosca Services, LLC agreed to acquire Contraload NV from founders(Sylvain Naets and Jesse Sels) along with Down2Earth fund managed by Down 2 Earth Capital NV and GIMV NV (ENXTBR:GIMB).

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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