Valtecne 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	3.51	8.38	2.89	0.54	1.27
Trading Asset Securities	7.59	4.1	4.5	0.03	-
Cash & Short-Term Investments	11.1	12.48	7.39	0.57	1.27
Cash Growth	-11.00%	68.76%	1192.05%	-54.84%	171.31%
Accounts Receivable	6.27	6.23	8.73	7.21	6.44
Other Receivables	1.47	1.55	2.02	3.22	1.99
Receivables	7.74	7.79	10.75	10.43	8.43
Inventory	8.89	9.24	11.52	9.25	5.75
Other Current Assets	0	-	-	-	-
Total Current Assets	27.73	29.51	29.66	20.26	15.46
Property, Plant & Equipment	8.16	8.08	7.13	6.65	5.82
Long-Term Investments	6.78	0.01	0.01	0.01	0.01
Other Intangible Assets	0.17	0.17	0.24	0.34	0.07
Long-Term Deferred Charges	0.4	0.6	0.8	-	-
Other Long-Term Assets	0.73	1.06	0.82	0.79	0.74
Total Assets	43.98	39.42	38.64	28.04	22.09
Accounts Payable	3.84	4.99	6.86	6.53	4.54
Accrued Expenses	1.05	0.44	0.58	0.54	0.77
Short-Term Debt	0.02	-	-	-	-
Current Portion of Long-Term Debt	3.82	1.24	1.05	0.98	1.36
Current Income Taxes Payable	0.32	0.35	0.66	0.45	0.1
Other Current Liabilities	0.5	2.17	3.38	0.97	0.91
Total Current Liabilities	9.56	9.2	12.52	9.47	7.68
Long-Term Debt	6.06	4.47	3.99	5.03	4.69
Long-Term Unearned Revenue	1.96	2.28	2.08	2.21	0.7
Other Long-Term Liabilities	0.33	0.34	0.34	0.35	0.36
Total Liabilities	17.91	16.29	18.93	17.06	13.43
Common Stock	0.31	0.31	0.31	0.12	0.1
Additional Paid-In Capital	5.5	5.5	5.5	0	-
Retained Earnings	19.31	16.37	12.95	9.9	7.55
Comprehensive Income & Other	0.96	0.96	0.96	0.96	1.01
Shareholders' Equity	26.07	23.13	19.71	10.98	8.66
Total Liabilities & Equity	43.98	39.42	38.64	28.04	22.09
Total Debt	9.91	5.72	5.04	6.01	6.05
Net Cash (Debt)	1.2	6.76	2.36	-5.44	-4.78
Net Cash Growth	-82.27%	186.87%	-	-	-
Net Cash Per Share	0.20	1.11	0.39	-0.89	-
Filing Date Shares Outstanding	6.11	6.11	6.11	6.11	-
Total Common Shares Outstanding	6.11	6.11	6.11	6.11	-
Working Capital	18.18	20.31	17.14	10.8	7.78
Book Value Per Share	4.27	3.79	3.23	1.80	-
Tangible Book Value	25.9	22.96	19.48	10.64	8.58
Tangible Book Value Per Share	4.24	3.76	3.19	1.74	-
Land	2.83	2.74	2.74	2.74	2.68
Machinery	16.71	15.53	13.43	11.96	10.01
Construction In Progress	-	0.08	0.05	0	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.