EXMAR : Annual accounts 2022

F-cap 1

ANNUAL ACCOUNTS AND/OR OTHER DOCUMENTS

TO BE FILED IN ACCORDANCE WITH THE BELGIAN COMPANIES

AND ASSOCIATIONS CODE

IDENTIFICATION DETAILS (at the filing date)

NAME: .......................................................................................................................................................................................................Exmar

...................................................................................................................................................................................................................

Legal form:		................................................................................................................................................................................................Public limited company
Address:	De Gerlachekaai		Nr.:	...................20	Box:
Postal code:	2000	Town:	Antwerp
.............................

Country: .......................................................Belgium

Register of legal persons - Commercial court: ..........................................................................................................................................Antwerpen, Division Antwerpen

Website1: ..................................................................................................................................................................................

E-mailaddress1 : .......................................................................................................................................................................

Company registration number

0860.409.202

DATE

18 / 11 / 2020

of filing the most recent document mentioning the date of publication of

the deed of incorporation and of the deed of amendment of the articles of association.

This filing concerns:

• the ANNUAL ACCOUNTS in
• the OTHER DOCUMENTS

USD

approved by the general meeting of

16 / 05 / 2023

regarding
the financial year covering the period from	01	/	01	/	2022	to
the preceding period of the annual accounts from	01	/	01	/	2021	to

The amounts for the preceding period are /XXXXXare not2 identical to the ones previously published.

1. / 12 / 2022

1. / 12 / 2021

Total number of pages filed:	...................................45	Numbers of the sections of the standard model form not filed because they serve

no useful purpose:	....................................................................................6 1, 6 2 1, 6 2 2, 6 2 4, 6 2 5, 6 3 1, 6 3 4, 6 3 5, 6...3.6,......6.5...2,...................................................................................6 17, 6 18 2, 6 19, 6 20, 8, 9, 11, 12, 13, 14, 15

	SAVERYS NICOLAS	MOTTRIE FRANCIS
1 Optional mention.	(name and position)	(name and position)

• Strike out what does not apply.

OCR9002

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F-cap 2.1

LIST OF DIRECTORS, BUSINESS MANAGERS AND AUDITORS

AND DECLARATION REGARDING A COMPLIMENTARY REVIEW

OR CORRECTION ASSIGNMENT

LIST OF THE DIRECTORS, BUSINESS MANAGERS AND AUDITORS

COMPLETE LIST with surname, first names, profession, place of residence (address, number, postal code and municipality) and position within the company

MARYAM AYATI	Director
Muskingum Place, Pacific Palisades 517, CA 90272 California, United States	17/05/2022 - 20/05/2025
WOUTER DE GEEST	Director
Rozenlaan 1, 2950 Kapellen, Belgium	17/05/2022 - 20/05/2025
MICHEL DELBAERE	Director
Grote Heerweg 187, 8791 Beveren (Leie), Belgium	17/05/2022 - 20/05/2025
CARL-ANTOINE SAVERYS	Director
Chemin de la Commanderie 14, 1300 Wavre, Belgium	18/05/2021 - 21/05/2024
NICOLAS SAVERYS	Director
Kasteelstraat 22, 9250 Waasmunster, Belgium	18/05/2021 - 21/05/2024
STEPHANIE SAVERYS	Director
Chemin Martine 1, CH 1283 Dardagny, Switzerland	18/05/2021 - 21/05/2024
ISABELLE VLEURINCK	Director
Eenbeekstraat 35, 9070 Destelbergen, Belgium	17/05/2022 - 20/05/2025
PHILIPPE VLERICK	Director
Ronselaarstraat 2, 8510 Bellegem, Belgium	19/05/2020 - 16/05/2023
ACACIA I BVBA	Director
Nr.: 0699.671.886	17/05/2022 - 20/05/2025
Kerseleerveld 19, 2820 Bonheiden, Belgium
Represented by:
ELS VERBRAECKEN
Kerseleerveld 19, 2820 Bonheiden, Belgium
FMO BV	Director
Nr.: 0845.418.346	17/05/2022 - 20/05/2025
Reukenwegel 3, 9070 Heusden (O.-Vl.), Belgium
Represented by:
FRANCIS MOTTRIE
Reukenwegel 3, 9070 Heusden (O.-Vl.), Belgium
Deloitte Bedrijfsrevisoren/ Réviseurs d'Entreprises BV/SRL	Auditor
Nr.: 0429.053.863	19/05/2020 - 16/05/2023
Gateway building, Luchthaven Brussel Nationaal 1J, 1930 Zaventem, Belgium
Membership nr.: B00025
Represented by:
Rik Neckebroeck
Gateway building, Luchthaven Brussel Nationaal 1J, 1930 Zaventem, Belgium
Membership nr.: A 01529

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Nr. 0860.409.202

LIST OF THE DIRECTORS, BUSINESS MANAGERS AND AUDITORS (CONTINUED)

Ben Vandeweyer

Gateway building, Luchthaven Brussel Nationaal 1J, 1930 Zaventem, Belgium Membership nr.: A 02274

F-cap 2.1

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F-cap 2.2

DECLARATION REGARDING A COMPLIMENTARY REVIEW OR CORRECTION ASSIGNMENT

The managing board declares that no audit or correction assignment has been given to a person who was not authorised to do so by law, pursuant to art. 34 and 37 of the law of 22th April 1999 concerning accounting and tax professions.

The annual accounts XXXwere / were not∗ audited or corrected by an external accountant or by a company auditor who is not the statutory auditor.

If affirmative, mention hereafter: surname, first names, profession and address of each external accountant or company auditor and his membership number with his Institute as well as the nature of his assignment:

1. Bookkeeping of the enterprise ∗∗,
2. Preparing the annual accounts ∗∗,
3. Auditing the annual accounts and/or
4. Correcting the annual accounts.

If the tasks mentioned under A. or B. are executed by certified accountants or certified bookkeepers - tax specialists, you can mention hereafter: surname, first names, profession and address of each certified accountant or certified bookkeeper - tax specialist and his/her affiliation number with the Institute of Accounting Professional and Tax Experts and the nature of his/her assignment.

Surname, first names, profession and address

Affiliation number

Nature of the

assignment

(A, B, C and/or D)

• Strike out what is not applicable. ∗∗ Optional information.

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F-cap 3.1

ANNUAL ACCOUNTS

BALANCE SHEET AFTER APPROPRIATION

	Discl.	Codes	Period	Preceding period
ASSETS
Formation expenses	6.1	20	.............................	.............................
FIXED ASSETS	21/28	280.674.968,70	541.852.699,43
Intangible fixed assets	6.2	21	.............................	9.383,19
Tangible fixed assets	6.3	22/27	71.066,42	114.817,83
Land and buildings	22	.............................	.............................
Plant, machinery and equipment	23	36.518,91	62.325,08
Furniture and vehicles	24	34.547,51	52.492,75
Leasing and similar rights	25	.............................	.............................
Other tangible fixed assets	26	.............................	.............................
Assets under construction and advance payments	27	.............................	.............................
Financial fixed assets	6.4/6.5.1	28	280.603.902,28	541.728.498,41
Affiliated enterprises	6.15	280/1	280.362.951,20	541.487.527,53
Participating interests	280	118.385.299,79	117.501.836,59
Amounts receivable	281	161.977.651,41	423.985.690,94
Enterprises linked by participating interests	6.15	282/3	240.550,92	240.550,92
Participating interests	282	240.550,92	240.550,92
Amounts receivable	283	.............................	.............................
Other financial assets	284/8	400,16	419,96
Shares	284	80,18	80,18
Amounts receivable and cash guarantees	285/8	319,98	339,78

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F-cap 3.1

	Discl.	Codes	Period	Preceding period
CURRENT ASSETS
29/58	576.412.911,96	133.227.227,38
Amounts receivable after more than one year	29	.............................	.............................
Trade debtors	290	.............................	.............................
Other amounts receivable	291	.............................	.............................
Stocks and contracts in progress	3	.............................	.............................
Stocks	30/36	.............................	.............................
Raw materials and consumables	30/31	.............................	.............................
Work in progress	32	.............................	.............................
Finished goods	33	.............................	.............................
Goods purchased for resale	34	.............................	.............................
Immovable property intended for sale	35	.............................	.............................
Advance payments	36	.............................	.............................
Contracts in progress	37	.............................	.............................
Amounts receivable within one year	40/41	79.650.809,67	67.246.345,50
Trade debtors	40	3.509.414,71	2.984.200,86
Other amounts receivable	41	76.141.394,96	64.262.144,64
Current investments	6.5.1/6.6	50/53	489.052.329,06	12.907.061,79
Own shares	50	19.203.325,53	11.058.326,50
Other investments	51/53	469.849.003,53	1.848.735,29
Cash at bank and in hand	54/58	6.740.339,50	52.634.205,65
Deferred charges and accrued income	6.6	490/1	969.433,73	439.614,44
TOTAL ASSETS	20/58	857.087.880,66	675.079.926,81

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F-cap 3.2

EQUITY AND LIABILITIES

EQUITY .......................................................................................

Contribution ..............................................................................

Capital ...................................................................................

Issued capital ....................................................................

Uncalled capital 4 ..............................................................

Outside the capital .................................................................

Share premium account ....................................................

Others ...............................................................................

Revaluation surpluses
Reserves
Reserves not available
Legal reserve
Reserves statutorily not available
Aquisition of own shares
Financial support
Other
Untaxed reserves
Available reserves
Accumulated profits (losses)	(+)/(-)
Investment grants

Advance to associates on the sharing out of the assets 5 ...

PROVISIONS AND DEFERRED TAXES .........................................

Provisions for liabilities and charges .....................................

Pensions and similar obligations ...........................................

Taxation .................................................................................

Major repairs and maintenance .............................................

Environmental obligations .....................................................

Other liabilities and charges ..................................................

Deferred taxes ..........................................................................

__________________________

1. Amount to substract of the issued capital
2. Amount to substract from the other part of the equity

Discl. Codes

Period

Preceding period

	10/15	744.166.694,08	564.213.735,39
6.7.1	10/11	298.713.590,77	298.713.590,77
	10	88.811.667,00	88.811.667,00
	100	88.811.667,00	88.811.667,00
	101	.............................	.............................
	11	209.901.923,77	209.901.923,77
	1100/10	209.901.923,77	209.901.923,77
	1100/19	.............................	.............................
	12	.............................	.............................
	13	89.976.332,01	81.831.332,98
	130/1	28.455.323,62	20.310.324,59
	130	8.881.166,70	8.881.166,70
	1311	370.831,39	370.831,39
	1312	19.203.325,53	11.058.326,50
	1313	.............................	.............................
	1319	.............................	.............................
	132	61.521.008,39	61.521.008,39
	133	.............................	.............................
	14	355.476.771,30	183.668.811,64
	15	.............................	.............................
	19	.............................	.............................
	16	800.000,00	9.839.661,88
	160/5	800.000,00	9.839.661,88
	160	.............................	.............................
	161	.............................	.............................
	162	.............................	.............................
	163	.............................	.............................
6.8	164/5	800.000,00	9.839.661,88
	168	.............................	.............................

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F-cap 3.2

	Discl.	Codes	Period	Preceding period
AMOUNTS PAYABLE
	17/49	112.121.186,58	101.026.529,54
Amounts payable after more than one year	6.9	17	.............................	.............................
Financial debts		170/4	.............................	.............................
Subordinated loans		170	.............................	.............................
Unsubordinated debentures		171	.............................	.............................
Leasing and other similar obligations		172	.............................	.............................
Credit institutions		173	.............................	.............................
Other loans		174	.............................	.............................
Trade debts		175	.............................	.............................
Suppliers		1750	.............................	.............................
Bills of exchange payable		1751	.............................	.............................
Advances received on contracts in progress		176	.............................	.............................
Other amounts payable		178/9	.............................	.............................
Amounts payable within one year	6.9	42/48	112.107.236,45	101.011.184,38
Current portion of amounts payable after more than one year				.............................
falling due within one year		42	.............................
Financial debts		43	.............................	.............................
Credit institutions		430/8	.............................	.............................
Other loans		439	.............................	.............................
Trade debts		44	10.711.647,20	1.656.082,82
Suppliers		440/4	10.711.647,20	1.656.082,82
Bills of exchange payable		441	.............................	.............................
Advances received on contracts in progress		46	.............................	.............................
Taxes, remuneration and social security	6.9	45	979.177,03	541.395,89
Taxes		450/3	246.800,21	140.940,72
Remuneration and social security		454/9	732.376,82	400.455,17
Other amounts payable		47/48	100.416.412,22	98.813.705,67
Accruals and deferred income	6.9	492/3	13.950,13	15.345,16
TOTAL LIABILITIES		10/49	857.087.880,66	675.079.926,81

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F-cap 4

INCOME STATEMENT

		Discl.	Codes	Period	Preceding period
Operating income		70/76A	4.163.553,26	7.864.935,80
Turnover	6.10	70	3.259.864,79	4.333.759,24
Stocks of finished goods and work and contracts in progress:				.............................
increase (decrease)	(+)/(-)		71	.............................
Own work capitalised		72	.............................	.............................
Other operating income	6.10	74	101.349,99	226.821,17
Non-recurring operating income	6.12	76A	802.338,48	3.304.355,39
Operating charges		60/66A	15.013.373,32	12.370.607,27
Raw materials, consumables		60	.............................	.............................
Purchases		600/8	.............................	.............................
Stocks: decrease (increase)	(+)/(-)		609	.............................	.............................
Services and other goods		61	10.654.157,99	7.607.518,31
Remuneration, social security costs and pensions	(+)/(-)	6.10	62	4.248.990,09	3.612.194,93
Depreciation of and other amounts written off formation			64.739,29	125.797,98
expenses, intangible and tangible fixed assets		630
Amounts written off stocks, contracts in progress and trade				.............................
debtors: Appropriations (write-backs)	(+)/(-)	6.10	631/4	.............................
Provisions for liabilities and charges: Appropriations (uses			-337.361,88	800.000,00
and write-backs)	(+)/(-)	6.10	635/8
Other operating charges	6.10	640/8	382.847,83	224.346,91
Operating charges carried to assets as restructuring costs (-)		649	.............................	.............................
Non-recurring operating charges	6.12	66A	.............................	749,14
Operating profit (loss)	(+)/(-)		9901	-10.849.820,06	-4.505.671,47

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F-cap 4

Financial income ......................................................................

Recurring financial income ....................................................

Income from financial fixed assets ....................................

Income from current assets ..............................................

Other financial income ......................................................

Non-recurring financial income ..............................................

Financial charges .....................................................................

Recurring financial charges ...................................................

Debt charges .........................................................................

Amounts written off current assets except stocks, contracts

in progress and trade debtors: appropriations (write-backs)

......................................................................................	(+)/(-)
Other financial charges
Non-recurring financial charges
Gain (loss) for the period before taxes	(+)/(-)
Transfer from deferred taxes
Transfer to deferred taxes
Income taxes	(+)/(-)
Taxes
Adjustment of income taxes and write-back of tax provisions
Gain (loss) of the period	(+)/(-)
Transfer from untaxed reserves
Transfer to untaxed reserves
Gain (loss) of the period available for appropriation	..(+)/(-)

Discl.	Codes	Period	Preceding period
	75/76B	268.949.156,95	15.533.680,69
	75	260.246.856,95	15.533.680,69
	750	254.390.041,28	13.963.385,23
	751	4.994.800,07	311.854,04
6.11	752/9	862.015,60	1.258.441,42
6.12	76B	8.702.300,00	.............................
	65/66B	21.831.108,64	39.462.487,92
6.11	65	-349.348,05	-3.667.251,08
	650	7.199.623,53	98.277,80
	651	-11.465.199,07	-5.443.077,01
	652/9	3.916.227,49	1.677.548,13
6.12	66B	22.180.456,69	43.129.739,00
	9903	236.268.228,25	-28.434.478,70
	780	.............................	.............................
	680	.............................	.............................
6.13	67/77	276.384,56	199.506,75
	670/3	280.940,28	226.601,27
	77	4.555,72	27.094,52
	9904	235.991.843,69	-28.633.985,45
	789	.............................	.............................
	689	.............................	.............................
	9905	235.991.843,69	-28.633.985,45

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