Courtois 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	4.25	6.43	7.19	8.35	6.97
Cash & Short-Term Investments	4.25	6.43	7.19	8.35	6.97
Cash Growth	-33.90%	-10.66%	-13.84%	19.69%	12.36%
Accounts Receivable	2.14	0.2	0.18	0.5	0.45
Other Receivables	0.38	0.11	0.13	0.43	0.6
Receivables	2.52	0.31	0.3	0.93	1.05
Inventory	5.92	7.5	7.12	4.61	10.69
Prepaid Expenses	0.04	0	0	0	0
Other Current Assets	0	-	-	-	-
Total Current Assets	12.73	14.24	14.61	13.89	18.72
Property, Plant & Equipment	0.17	0.21	0.25	0.29	0.4
Long-Term Deferred Tax Assets	0.02	0.04	-	-	-
Other Long-Term Assets	15.02	10.96	10.59	10.75	10.03
Total Assets	27.94	25.46	25.46	24.93	29.14
Accounts Payable	0.31	0.31	0.11	0.68	0.65
Accrued Expenses	0.31	0.06	0.09	0.22	0.42
Current Portion of Long-Term Debt	1.57	1.9	1.85	0.05	4.59
Current Portion of Leases	0.03	0.03	0.03	0.03	0.04
Current Unearned Revenue	1.62	0.09	0.09	0.08	0.74
Other Current Liabilities	0.31	0.27	0.26	0.27	0.24
Total Current Liabilities	4.14	2.65	2.43	1.32	6.68
Long-Term Debt	3.73	2.13	1.83	1.81	1.23
Long-Term Leases	0.13	0.16	0.19	0.22	0.3
Long-Term Deferred Tax Liabilities	1.64	1.77	1.86	1.92	1.88
Total Liabilities	9.64	6.72	6.31	5.28	10.09
Common Stock	1.67	1.67	1.67	1.67	1.67
Retained Earnings	-0.38	-0.35	-0.17	0.67	-0.05
Treasury Stock	-0.04	-0.04	-0.04	-0.04	-0.04
Comprehensive Income & Other	17.04	17.3	17.47	16.98	17.02
Total Common Equity	18.29	18.58	18.93	19.28	18.6
Minority Interest	0.02	0.16	0.21	0.38	0.46
Shareholders' Equity	18.3	18.74	19.15	19.66	19.05
Total Liabilities & Equity	27.94	25.46	25.46	24.93	29.14
Total Debt	5.47	4.22	3.9	2.11	6.16
Net Cash (Debt)	-1.22	2.2	3.29	6.24	0.81
Net Cash Growth	-	-32.99%	-47.26%	667.04%	-22.42%
Net Cash Per Share	-16.83	30.46	45.46	86.18	11.24
Filing Date Shares Outstanding	0.07	0.07	0.07	0.07	0.07
Total Common Shares Outstanding	0.07	0.07	0.07	0.07	0.07
Working Capital	8.58	11.59	12.19	12.57	12.04
Book Value Per Share	252.71	256.77	261.63	266.43	256.99
Tangible Book Value	18.29	18.58	18.93	19.28	18.6
Tangible Book Value Per Share	252.71	256.77	261.63	266.43	256.99