Bellini Nautica Balance Sheet

Financials in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	0.44	0.55	0.49	0.33	0.25
Cash & Short-Term Investments	0.44	0.55	0.49	0.33	0.25
Cash Growth	-18.88%	12.86%	48.87%	33.11%	-64.34%
Accounts Receivable	9.34	6.35	6.41	5.59	3.67
Other Receivables	2.32	1.07	0.75	2.27	0.07
Receivables	11.66	7.42	7.15	7.86	3.73
Inventory	15.84	9.88	9	5.02	2.79
Other Current Assets	-	-	-	-	0.3
Total Current Assets	27.94	17.84	16.64	13.2	7.08
Property, Plant & Equipment	1.74	0.97	0.27	0.49	0.92
Long-Term Investments	0	0	0.1	0	0.3
Goodwill	0.01	0.02	0.03	0.04	-
Other Intangible Assets	0.66	0.77	0.35	0.12	0.05
Long-Term Deferred Charges	1.48	0.69	0.41	0.54	-
Other Long-Term Assets	0.1	0.1	0.09	0.1	0.05
Total Assets	31.94	20.4	17.89	14.5	8.39
Accounts Payable	10.03	5.16	3.83	3.74	1.26
Accrued Expenses	0.14	0.16	0.17	0.21	0.02
Short-Term Debt	0.12	0.12	-	-	0
Current Portion of Long-Term Debt	3.84	3.18	2.64	1.73	1.91
Current Income Taxes Payable	0.06	0.32	0.23	0.1	0.81
Other Current Liabilities	4.22	1.24	1.93	0.88	0.61
Total Current Liabilities	18.41	10.18	8.8	6.66	4.62
Long-Term Debt	1.63	2.27	1.29	0.83	0.84
Long-Term Unearned Revenue	-	-	-	-	0.02
Other Long-Term Liabilities	0.4	0.64	0.33	0.24	0.27
Total Liabilities	20.44	13.09	10.42	7.73	5.74
Common Stock	0.06	0.06	0.06	0.06	0.03
Additional Paid-In Capital	3.57	3.57	3.57	3.57	-
Retained Earnings	5.2	2.63	2.64	2.36	1.86
Comprehensive Income & Other	0.86	0.86	0.97	0.78	0.74
Total Common Equity	9.69	7.12	7.24	6.77	2.64
Minority Interest	1.81	0.19	0.22	-	-
Shareholders' Equity	11.5	7.31	7.46	6.77	2.64
Total Liabilities & Equity	31.94	20.4	17.89	14.5	8.39
Total Debt	5.59	5.56	3.93	2.56	2.75
Net Cash (Debt)	-5.15	-5.02	-3.44	-2.23	-2.5
Working Capital	9.53	7.66	7.83	6.54	2.46
Tangible Book Value	9.02	6.32	6.86	6.61	2.59
Land	-	0.01	0.01	0.23	-
Machinery	-	1.68	0.91	0.88	0.83
Construction In Progress	-	0.01	0.01	0.01	-