1. Belgium Stocks

  2. •

    Finance

  3. •

    Real estate development
Texaf SA

Texaf SA

35.80
EUR
0.00
(0.00%)
150.33MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
5.69
5.4
5.41
5.06
5.01
5.19
5.97
6.07
6.2
7.48
8
8.81
9.55
- -
Basic EPS, GAAP
1.98
1.34
1.5
1.5
1.25
3.55
2.96
1.27
1.42
2.28
3.18
2.03
2.45
- -
Free Cash Flow per Basic Share
0.62
-0.47
-0.69
0.34
0.58
1.58
0.94
0.8
0.28
-1.03
-0.48
1.35
0.62
- -
Dividend per Share
0.32
0.36
0.47
0.56
0.67
0.79
0.95
0.61
0.69
1.43
1.57
1.64
1.76
- -
Book Value per Share
17.51
19.44
20.44
21.4
21.97
24.73
26.73
27.6
27.98
28.99
30.48
30.9
31.6
30.72
Tangible Book Value per Share
17.5
19.43
20.42
21.39
21.96
24.72
26.73
27.6
27.97
28.98
30.46
30.87
31.58
30.71
Basic Weighted Avg Shares
3
4
4
4
4
4
4
4
4
4
4
4
4
4
Sales/Revenue/Turnover
19
19
20
18
18
19
22
22
23
27
29
32
35
- -
Operating Margin (%)
34.65
36.8
30.21
39.13
37.01
39.67
35.13
36.6
35.22
31.18
35.09
31.29
32.41
- -
Depreciation Expense
3
2
3
3
3
3
3
4
4
4
4
6
6
- -
Net Income, GAAP
6
5
5
5
5
13
11
5
5
8
12
7
9
- -
Effective Tax Rate (%)
22.89
21.18
- -
- -
- -
- -
15.68
25
34.2
2.41
25.04
11.34
14.28
- -
Profit Margin (%)
34.8
24.75
27.77
29.65
24.95
68.41
49.66
20.9
22.91
30.45
39.71
22.99
25.67
- -
Working Capital
5
5
5
2
2
1
2
3
8
4
7
4
- -
- -
LT Debt
2
4
8
7
10
9
2
1
6
15
21
30
26
- -
Total Equity
67
71
75
78
80
90
98
100
103
107
112
115
117
114
Return on Invested Capital (%)
7.14
7.03
- -
- -
- -
- -
10.56
4.4
4.82
6.99
8.87
6.16
6.26
- -
Return on Capital (%)
9.04
6.48
- -
- -
- -
- -
10.86
4.58
4.94
7.15
8.92
5.73
6.98
- -
Return on Common Equity (%)
11.89
7.32
7.53
7.17
5.76
15.21
11.52
4.65
5.15
8
10.68
6.6
7.85
- -

Capital Structure

EUR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
- -
6
- -
LT Borrowings
- -
19
- -
LT Finance Leases
- -
7
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4
4
4
Market Capitalization
124
134
150

Working Capital

EUR

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
18
24
26
Cash, Cash Equivalents & STI
7
5
8
Accounts Receivable, Net
2
8
8
Inventories
6
6
7
Total Current Liabilities
21
24
26
Payables & Accruals
- -
- -
- -
ST Debt
- -
6
- -
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.69%
3.3%
2.23%
Free Cash Flow
-97.91%
-203.87%
-53.88%
Net Income, GAAP
19.19%
19.71%
21.02%
Sales/Revenue/Turnover
6.21%
10.02%
8.37%
Total Cash Common Dividend
18.41%
28.53%
6.96%

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
32
2025
- -
- -
35
2026
- -
- -
- -

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
2.03
2025
- -
- -
2.45
2026
- -
- -
- -

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1.64
2025
- -
- -
1.76
2026
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Jean-Philippe Waterschoot
Full Time Employees
193
Sector
Finance
Industry
Real estate development
Address
Avenue Louise 130A Brussels BU Belgium 1050
IPO Date
Dec 12, 2012
Website
texaf.be
Similar Companies
DLF Limited (NSE:DLF)
Opendoor Technologies Inc (NASDAQ:OPEN)
Samolet (MOEX:SMLT)
Alarko Holding A.S. (BIST:ALARK)
Godrej Properties Limited (NSE:GODREJPROP)
Lodha Developers Ltd. (NSE:LODHA)
Business
Texaf S.A. Texaf S.A. is a Belgian holding company founded in 1925 and headquartered in Brussels that focuses on investments exclusively in the Democratic Republic of Congo across real estate, quarrying, and digital sectors. The company develops, owns, and leases a portfolio of residential and commercial properties primarily in Kinshasa through entities including Immotex, Cotex, and Utexafrica; produces quarrying materials such as crushed stone, 0/4 sand, gravel, chippings, rubble, and blocks for road infrastructure, construction, and erosion control via its subsidiary Carrigres; and invests in digital infrastructure, notably the development of Silikin Village, Central Africa's largest digital campus. Key properties encompass Utexafrica Compound, Kinsuka Gardens, and COwork SKV 3, with operations targeting the Congolese economy's growth through long-term projects in formal economy segments. Recent developments include the commercial success of three major new projects driving 12% growth in recurring operating profit for 2024; a simplified merger plan with Anagest filed in July 2024 and approved by boards in September 2024; expansion of ST Digital into the DRC through a partnership with OADC Texaf-Kinhsasa for content delivery in September 2024; and sustained revenue growth to EUR 32.3 million alongside recurring EBITDA of EUR 16.2 million in 2024.