LU-VE 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	-	271.19	212.06	177.26	166.33
Short-Term Investments	-	32.6	32.86	10	-
Trading Asset Securities	-	12.35	17.53	116.87	81.95
Cash & Short-Term Investments	-	316.13	262.45	304.13	248.27
Cash Growth	-	20.46%	-13.71%	22.50%	11.37%
Accounts Receivable	121.99	102.96	87.79	83.27	74.13
Other Receivables	11.31	10.39	9.36	7.71	7.75
Receivables	133.3	113.35	97.15	90.98	81.88
Inventory	110.73	101.06	110.83	134.24	111.08
Other Current Assets	271.28	3.24	4.76	5.56	6.48
Total Current Assets	515.31	533.79	475.18	534.91	447.72
Property, Plant & Equipment	221.75	213.62	205.41	189.26	167.59
Long-Term Investments	-	0.14	0.14	0.14	0.01
Goodwill	-	64.53	63.96	64.43	54.99
Other Intangible Assets	82	21.5	27.08	31.92	33.1
Long-Term Deferred Tax Assets	12.88	11.23	11.04	6.99	6.51
Long-Term Deferred Charges	-	2.06	1.82	2.12	2.43
Other Long-Term Assets	0.62	0.28	0.83	1.33	0.23
Total Assets	832.55	847.14	785.47	831.11	712.57
Accounts Payable	126.59	108.29	95.66	106.59	114.36
Accrued Expenses	-	27.83	27.41	25.72	22.27
Short-Term Debt	-	10	0.39	0.53	19.5
Current Portion of Long-Term Debt	-	119.25	118.62	102.74	132.45
Current Portion of Leases	-	4.66	5.15	5.11	4.46
Current Income Taxes Payable	-	1.64	3.92	5.55	0.93
Other Current Liabilities	51.49	15.17	15.25	9.65	7.67
Total Current Liabilities	178.07	286.84	266.4	255.89	301.63
Long-Term Debt	343.99	263.26	250.22	320.2	202.84
Long-Term Leases	-	16.5	6.92	9.93	10.79
Pension & Post-Retirement Benefits	5.24	5.39	5.36	5.3	5.77
Long-Term Deferred Tax Liabilities	12.66	13.7	14.11	14.96	13.91
Other Long-Term Liabilities	8.9	6.01	13.23	13.38	5.54
Total Liabilities	548.87	591.7	556.24	619.65	540.48
Common Stock	276.59	62.7	62.7	62.7	62.7
Additional Paid-In Capital	-	24.76	24.76	24.76	24.76
Retained Earnings	-	39.36	34.3	51.46	27.29
Treasury Stock	-	-0.29	-0.29	-0.29	-0.29
Comprehensive Income & Other	-	122.9	102.2	68.11	53.03
Total Common Equity	276.59	249.43	223.68	206.75	167.5
Minority Interest	7.1	6	5.55	4.71	4.59
Shareholders' Equity	283.69	255.44	229.23	211.46	172.09
Total Liabilities & Equity	832.55	847.14	785.47	831.11	712.57
Total Debt	343.99	413.66	381.29	438.51	370.03
Net Cash (Debt)	-343.99	-97.53	-118.85	-134.38	-121.76
Net Cash Per Share	-15.49	-4.39	-5.35	-6.05	-5.48
Filing Date Shares Outstanding	22.21	22.21	22.21	22.21	22.21
Total Common Shares Outstanding	22.21	22.21	22.21	22.21	22.21
Working Capital	337.24	246.94	208.79	279.02	146.08
Book Value Per Share	12.46	11.23	10.07	9.31	7.54
Tangible Book Value	194.59	163.41	132.63	110.39	79.41
Tangible Book Value Per Share	8.76	7.36	5.97	4.97	3.58
Machinery	-	197.84	185.39	176.78	161.79
Construction In Progress	-	10.3	14.15	12.76	6.42
Order Backlog	233.7	174.2	-	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.