ZEAL Network SE 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	118.61	114.92	57.7	61.21	90.1
Short-Term Investments	-	-	0.35	0.33	-
Cash & Short-Term Investments	118.61	114.92	58.05	61.54	90.1
Cash Growth	3.21%	97.95%	-5.66%	-31.70%	8.66%
Accounts Receivable	3.72	28.59	29.25	17.39	25.56
Other Receivables	0.17	4.5	0.13	0.48	0.24
Receivables	3.89	38.2	29.49	17.87	25.8
Inventory	6.75	3.17	-	-	-
Prepaid Expenses	3.81	1.74	1.74	1.45	-
Other Current Assets	34.9	6.81	3.36	58.68	60.44
Total Current Assets	167.96	164.83	92.64	139.54	176.33
Property, Plant & Equipment	3.07	3.12	3.57	3.82	4.46
Long-Term Investments	18.8	17.71	17.91	21.1	14.94
Goodwill	158.59	158.59	158.59	158.59	158.59
Other Intangible Assets	105.85	113.29	120.71	128.35	135.55
Long-Term Accounts Receivable	-	-	0.25	1.4	1.63
Long-Term Deferred Tax Assets	-	-	0.99	6.95	11.91
Other Long-Term Assets	-	-	0	0	-
Total Assets	454.26	457.53	394.65	459.74	503.4
Accounts Payable	17.58	12.15	3.61	3.79	3.7
Accrued Expenses	-	15.91	8.43	6.82	6.37
Current Portion of Long-Term Debt	10.53	10.53	7.18	4.68	1.09
Current Portion of Leases	0.79	0.99	2.37	1.49	2.01
Current Income Taxes Payable	12.89	7.52	1.35	5.81	3.94
Current Unearned Revenue	-	-	-	0.18	0.16
Other Current Liabilities	68.7	44.19	35.05	21.8	31.39
Total Current Liabilities	110.48	91.29	58	44.56	48.66
Long-Term Debt	76.02	86.23	15.76	22.94	7.61
Long-Term Leases	0.75	1.36	2.39	3.63	4.92
Long-Term Unearned Revenue	5.39	5.41	5.31	4.27	4.82
Long-Term Deferred Tax Liabilities	26.17	27.48	44.22	46.31	48.44
Other Long-Term Liabilities	4.95	7.25	4.22	3.98	4
Total Liabilities	223.75	219.03	129.9	125.7	118.46
Common Stock	21.68	22.4	22.4	22.4	22.4
Additional Paid-In Capital	-	-	-	-	279.97
Retained Earnings	48.05	80.02	79.43	38.11	66.79
Treasury Stock	-25.59	-45.85	-21.07	-21.25	-1.41
Comprehensive Income & Other	186.37	181.94	178.45	288.7	10.47
Total Common Equity	230.51	238.51	259.21	327.95	378.22
Minority Interest	-	-	5.55	6.09	6.72
Shareholders' Equity	230.51	238.51	264.76	334.04	384.94
Total Liabilities & Equity	454.26	457.53	394.65	459.74	503.4
Total Debt	88.08	99.11	27.7	32.74	15.63
Net Cash (Debt)	30.53	15.8	30.35	28.8	74.47
Net Cash Growth	93.21%	-47.94%	5.39%	-61.32%	-0.41%
Net Cash Per Share	1.45	0.73	1.40	1.29	3.33
Filing Date Shares Outstanding	21.17	21.09	21.66	21.65	22.36
Total Common Shares Outstanding	21.17	21.09	21.66	21.65	22.36
Working Capital	57.48	73.55	34.64	94.98	127.67
Book Value Per Share	10.89	11.31	11.97	15.15	16.91
Tangible Book Value	-33.92	-33.36	-20.09	41.02	84.09
Tangible Book Value Per Share	-1.60	-1.58	-0.93	1.89	3.76
Machinery	-	8.58	8.02	7.65	6.84

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