Azelis Group NV Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	245.31	263.01	303.95	484.87	268.16	141.29
Cash & Short-Term Investments	245.31	263.01	303.95	484.87	268.16	141.29
Cash Growth	-6.73%	-13.47%	-37.31%	80.81%	89.79%	-13.45%
Accounts Receivable	699.63	522.16	589.03	521.9	538.38	428.95
Other Receivables	9.03	13.17	11.38	23.87	9.96	4.43
Total Trade Receivables	708.66	535.33	600.41	545.77	548.34	433.38
Inventory	683.14	588.19	677.95	562.79	627.74	467.47
Other Current Assets	-	0.01	0.6	0.06	0.28	1.52
Total Current Assets	1,637	1,387	1,583	1,593	1,445	1,044
Net Property, Plant & Equipment	236.9	231.78	227.61	196.63	154.87	118.59
Other Intangible Assets	1,269	1,286	1,392	1,349	1,170	1,004
Goodwill	2,537	2,472	2,537	2,409	2,174	1,803
Long-Term Investments	0.24	0.24	0.25	0.29	0.24	0.18
Other Long-Term Assets	36.55	29.9	23.49	23.44	32.36	11.84
Total Assets	5,717	5,407	5,763	5,572	4,977	3,982
Accounts Payable	758.24	555.45	700.57	799.47	771.69	541.07
Short-Term Debt	20.72	14.24	19.15	18.29	30.41	40.52
Current Portion of Long-Term Debt	-	-	-	-	125.32	62.6
Current Portion of Leases	28.68	28.36	29.28	26.27	20.39	15.2
Other Current Liabilities	19.47	17.12	22.71	15.17	27.53	19.03
Total Current Liabilities	874.96	709.79	818.87	939.75	975.35	678.43
Long-Term Debt	1,604	1,602	1,614	1,551	1,178	840.03
Long-Term Leases	190.23	228.72	181.65	180.91	81.17	54.08
Other Long-Term Liabilities	246.7	244.56	275.47	304.92	302.14	157.92
Total Long-Term Liabilities	1,993	1,981	2,024	1,956	1,562	1,052
Total Liabilities	2,868	2,691	2,843	2,896	2,537	1,730
Common Stock	5,880	5,880	5,880	5,880	5,680	5,680
Accumulated Other Comprehensive Income	-	-4,175	-3,880	-3,927	-3,701	-3,617
Retained Earnings	-3,046	989.81	876.33	637.08	405.76	164.57
Total Common Shareholders' Equity	2,834	2,695	2,876	2,590	2,385	2,228
Minority Interest	15.48	21.15	44.01	86.58	55.15	23.79
Shareholders' Equity	2,849	2,716	2,920	2,677	2,440	2,251
Total Liabilities & Equity	5,717	5,407	5,763	5,572	4,977	3,982
Total Debt	1,844	1,874	1,844	1,776	1,436	1,012
Net Cash (Debt)	-1,598	-1,611	-1,540	-1,291	-1,168	-871.14
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-6.56	-6.61	-6.32	-5.38	-4.99	-3.73
Book Value	2,834	2,695	2,876	2,590	2,385	2,228
Book Value Per Share	11.63	11.05	11.80	10.79	10.19	9.53
Tangible Book Value	-972.78	-1,064	-1,052	-1,168	-960.21	-579.97
Tangible Book Value Per Share	-3.99	-4.36	-4.32	-4.87	-4.10	-2.48