v3.26.3
Equity
6 Months Ended
Jun. 30, 2026
Disclosure Of Share Capital, Reserves And Other Equity Interest [Abstract]  
Equity Equity
Translation reserve
The translation reserve comprises all foreign exchange differences arising from the translation of the
financial statements of foreign operations.
Hedging reserve
June 30, 2026
(in thousands of USD)
Notional
Value
Fair Value -
Assets
Fair Value -
Liabilities
Change
recognised in
OCI
Interest rate swaps
$161.1 million facility
82,964
1,044
—
954
June 30, 2025
(in thousands of USD)
Notional
Value
Fair Value -
Assets
Fair Value -
Liabilities
Change
recognised in
OCI
Interest rate swaps
$161.1 million facility
102,220
538
187
(1,794)
The Group, in connection to the $150.0 million facility raised on June 21, 2022, and amended in the second
half of 2024 to $161.1 million, entered into several Interest Rate Swaps (IRSs) for a combined notional
value of $109.4 million. These IRSs are used to hedge the risk related to the fluctuation of the SOFR rate
and qualify as hedging instruments in a cash flow hedge relationship under IFRS 9. These instruments
have been measured at their fair value; effective changes in fair value have been recognized in OCI and
the ineffective portion has been recognized in profit or loss. These IRSs are matching the repayment
profile of the facility and mature on March 31, 2030. The notional value of these instruments at June 30,
2026 amounted to $83.0 million. The fair value of these instruments at June 30, 2026 amounted to $1.0
million (see Note 18, 20 and 22) and $1.0 million has been recognized in OCI in 2026.
Treasury shares
As of June 30, 2026 and December 31, 2025 CMB.TECH NV owned 25,807,878 of its own shares.
Distributions
The total amount of dividends declared by the Supervisory Board in the first six months of 2026 was
$232.1 million. On February 24, 2026, the Company declared an interim dividend of $0.16 per share and
on May 25, 2026, the Supervisory Board approved a shareholder distribution of $0.64 per share which is a
combination of (i) an interim dividend of $0.20 per share and (ii) a payment of $0.44 per share out of the
share premium reserve. $246.6 million was paid in the first six months of 2026.