v3.25.2
Investments (Tables)
6 Months Ended
Jun. 30, 2025
Interests In Other Entities [Abstract]  
Disclosure of interests in joint arrangements
(in thousands of USD)
June 30, 2025
December 31, 2024
Assets
Interest in joint ventures
21,374
16,806
Interest in associates
6,749
TOTAL ASSETS
28,123
16,806
Disclosure of interests in associates
(in thousands of USD)
June 30, 2025
Business Combinations
6,322
Group's share of profit (loss) for the period
427
Carrying amount of interest at the end of the period
6,749
Disclosure of reconciliation of changes in interests in joint ventures The following table contains a roll forward of the balance sheet amounts with respect to the Group’s joint
ventures:
ASSET
(in thousands of USD)
Investments in
equity accounted
investees
Shareholders loans
Gross balance
(330)
850
Offset investment with shareholders loan
848
(848)
Balance at January 1, 2024
518
2
Reversal prior year offset investment with shareholders loan
(848)
848
Group's share of profit (loss) for the period
920
Capital increase/(decrease) in joint ventures
3,796
Movement shareholders loans to joint ventures
4,485
Business combinations
12,399
11,638
Translation differences
(475)
(290)
Gross balance
16,311
16,683
Offset investment with shareholders loan
495
(495)
Balance at December 31, 2024
16,806
16,188
Reversal prior year offset investment with shareholders loan
(495)
495
Group's share of profit (loss) for the period
1,144
Movement shareholders loans to joint ventures
1,331
Dividends received from joint ventures
(625)
Translation differences
1,359
1,562
Business combinations
2,089
Gross balance
20,278
19,576
Offset investment with shareholders loan
1,096
(1,096)
Balance at June 30, 2025
21,374
18,480