Passat Société Anonyme (EPA:ALPAS)

Passat Société Anonyme Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	7.17	9.8	6.02	8.66	9.12	8.13
Short-Term Investments	14.79	17.83	15.15	16.2	6.26	7.07
Cash & Short-Term Investments	21.96	27.63	21.17	24.87	15.37	15.2
Cash Growth	-1.11%	30.53%	-14.89%	61.79%	1.14%	-25.55%
Accounts Receivable	14.43	8.25	13.41	10.64	12.73	7.71
Other Receivables	0.28	4.41	4.85	4.71	4.56	3.18
Receivables	14.71	12.67	18.27	15.35	17.29	10.89
Inventory	15.96	14.84	18.29	14.87	18.32	12.67
Prepaid Expenses	-	0.23	0.3	0.17	0.24	0.14
Total Current Assets	53.09	55.36	58.02	55.26	51.22	38.9
Property, Plant & Equipment	5.29	5.71	6.02	3.89	3.08	2.91
Long-Term Investments	-	-	-	-	-	2.65
Goodwill	0.9	1.05	1.16	1.11	1.01	0.98
Other Intangible Assets	0.17	-0.05	-0.02	0.01	0.23	0.04
Long-Term Deferred Tax Assets	0.24	0.23	0.47	0.81	0.75	0.07
Other Long-Term Assets	0.53	0.62	2.46	1.57	1.61	-
Total Assets	60.21	62.93	68.11	62.64	57.9	46.11

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	8.39	5.36	10.11	7.36	7.45	6.54
Accrued Expenses	0.4	2.48	2.72	2.98	2.5	1.66
Short-Term Debt	-	4.29	-	-	-	-
Current Portion of Leases	0.41	0.41	0.41	0.42	0.29	0.29
Current Income Taxes Payable	-	-	-	-	0.05	0.26
Other Current Liabilities	3.6	4.02	4.19	3.96	3.9	1.95
Total Current Liabilities	12.8	16.56	17.43	14.72	14.19	10.7
Long-Term Debt	-	-	5.64	6.26	4.58	-
Long-Term Leases	2.12	2.44	2.79	0.67	0.16	0.47
Pension & Post-Retirement Benefits	0.45	0.43	0.47	0.4	0.3	0.33
Long-Term Deferred Tax Liabilities	0	0	0	0	0	0
Other Long-Term Liabilities	0.14	0.14	0.14	0.18	0.13	0.1
Total Liabilities	15.51	19.57	26.47	22.23	19.35	11.6

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	1.96	1.96	2.1	2.1	2.1	2.1
Additional Paid-In Capital	1.13	1.13	1.13	1.13	1.13	1.13
Retained Earnings	41.26	39.96	38.24	37.09	34.94	31.12
Treasury Stock	-	-	-0.84	-0.74	-0.74	-0.74
Comprehensive Income & Other	0.14	-0.01	0.66	0.35	0.63	0.21
Total Common Equity	44.49	43.04	41.28	39.93	38.06	33.82
Minority Interest	0.22	0.31	0.36	0.48	0.5	0.69
Shareholders' Equity	44.7	43.36	41.64	40.41	38.56	34.51
Total Liabilities & Equity	60.21	62.93	68.11	62.64	57.9	46.11

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	2.53	7.14	8.84	7.36	5.03	0.76
Net Cash (Debt)	19.43	20.49	12.32	17.51	10.34	14.44
Net Cash Growth	36.86%	66.25%	-29.64%	69.34%	-28.38%	-25.44%
Net Cash Per Share	4.96	5.23	3.15	4.45	2.62	3.65
Filing Date Shares Outstanding	3.9	3.92	3.93	3.95	3.95	3.95
Total Common Shares Outstanding	3.9	3.92	3.93	3.95	3.95	3.95
Working Capital	40.29	38.8	40.59	40.54	37.04	28.19
Book Value Per Share	11.40	10.99	10.50	10.10	9.63	8.55
Tangible Book Value	43.42	42.04	40.14	38.82	36.82	32.8
Tangible Book Value Per Share	11.13	10.73	10.21	9.82	9.31	8.30
Land	-	0.08	0.08	0.46	0.46	0.46
Buildings	-	1.94	1.91	1.85	1.48	1.47
Machinery	-	8.73	10.16	9.95	9.61	4

Data Source: S&P Global Market Intelligence Last updated: Apr 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Oct 2, 2026

Data Sources Report a data error