| Tax reconciled to the accounting result |
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Year ended December 31,
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2019
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2018
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|
2017
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|
(Euro, in thousands)
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|
|
|
|
|
|
|
|
|
|
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|
Income/loss (-) before tax
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|
€
|
150,060
|
|
€
|
(29,209)
|
|
€
|
(115,507)
|
|
Income tax debit/credit (-), calculated using the Belgian statutory tax rate on the accounting income/loss (-) before tax (theoretical)
|
|
|
44,388
|
|
|
(8,640)
|
|
|
(39,261)
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|
Tax expenses/income (-) in statement of operations (effective)
|
|
|
214
|
|
|
50
|
|
|
198
|
|
Difference in tax expense/income to explain
|
|
€
|
(44,173)
|
|
€
|
8,690
|
|
€
|
39,458
|
|
|
|
|
|
|
|
|
|
|
|
|
Effect of tax rates in other jurisdictions
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|
€
|
831
|
|
€
|
411
|
|
€
|
14
|
|
Effect of non taxable revenues
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|
|
(13,079)
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|
|
(11,558)
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|
|
(11,277)
|
|
Effect of share based payment expenses without tax impact
|
|
|
10,318
|
|
|
7,530
|
|
|
5,317
|
|
Effect of expenses/income (-) not subject to tax
|
|
|
53,270
|
|
|
382
|
|
|
102
|
|
Effect of non tax deductible expenses
|
|
|
795
|
|
|
945
|
|
|
404
|
|
Effect of recognition of previously non recognized deferred tax assets
|
|
|
(2,286)
|
|
|
(1,977)
|
|
|
(414)
|
|
Effect of change in tax rates
|
|
|
—
|
|
|
—
|
|
|
181
|
|
Effect of tax losses (utilized) reversed
|
|
|
(136)
|
|
|
(150)
|
|
|
(763)
|
|
Effect of under or over provision in prior periods
|
|
|
30
|
|
|
—
|
|
|
—
|
|
Effect of non recognition of deferred tax assets
|
|
|
47,413
|
|
|
13,108
|
|
|
45,895
|
|
Effect of derecognition of previously recognized deferred tax assets
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|
|
106
|
|
|
—
|
|
|
—
|
|
Effect of use of IID
|
|
|
(141,435)
|
|
|
—
|
|
|
—
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|
Total explanations
|
|
€
|
(44,173)
|
|
€
|
8,690
|
|
€
|
39,458
|
|