Skip to content
20-F

Annual Report (Foreign)

SES S.A. SGBAF

0001193125-26-138166

← back to feed
Filed
Apr 1, 2026 12:00 AM ET
Period of report

On SEC.gov

Financials in this filing

Metric Period Value
Operating Cash Flow FY 2025 · Dec 31, 2025 €908M
Operating Cash Flow FY 2025 · Dec 31, 2024 €1.01B
Operating Cash Flow FY 2025 · Dec 31, 2023 €3.48B
Cash And Equivalents FY 2025 · Dec 31, 2025 €1.08B
Cash And Equivalents FY 2025 · Dec 31, 2024 €3.52B
Cash And Equivalents FY 2025 · Dec 31, 2023 €2.91B
Cash And Equivalents FY 2025 · Dec 31, 2022 €1.05B
Stockholders Equity FY 2025 · Dec 31, 2025 €2.71B
Stockholders Equity FY 2025 · Dec 31, 2024 €3.49B
Stockholders Equity FY 2025 · Dec 31, 2023 €3.76B
Stockholders Equity FY 2025 · Dec 31, 2022 €5.66B
Current Liabilities FY 2025 · Dec 31, 2025 €2.57B
Current Liabilities FY 2025 · Dec 31, 2024 €1.52B
Total Liabilities FY 2025 · Dec 31, 2025 €10.66B
Total Liabilities FY 2025 · Dec 31, 2024 €6.84B
Current Assets FY 2025 · Dec 31, 2025 €2.24B
Current Assets FY 2025 · Dec 31, 2024 €4.3B
Total Assets FY 2025 · Dec 31, 2025 €13.37B
Total Assets FY 2025 · Dec 31, 2024 €10.33B
Net Income FY 2025 · Dec 31, 2025 −€94M
Net Income FY 2025 · Dec 31, 2024 €27M
Net Income FY 2025 · Dec 31, 2023 −€904M
Operating Income FY 2025 · Dec 31, 2025 €64M
Operating Income FY 2025 · Dec 31, 2024 €64M
Operating Income FY 2025 · Dec 31, 2023 −€686M
Cost Of Revenue FY 2025 · Dec 31, 2025 €755M
Cost Of Revenue FY 2025 · Dec 31, 2024 €461M
Cost Of Revenue FY 2025 · Dec 31, 2023 €444M
Revenue FY 2025 · Dec 31, 2025 €2.63B
Revenue FY 2025 · Dec 31, 2024 €2B
Revenue FY 2025 · Dec 31, 2023 €2.03B