ZEAL Network SE 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	Mar '26 Mar 31, 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	115.02	118.61	114.92	57.7	61.21	90.1
Short-Term Investments	-	-	-	0.35	0.33	-
Cash & Short-Term Investments	115.02	118.61	114.92	58.05	61.54	90.1
Cash Growth	2.23%	3.21%	97.95%	-5.66%	-31.70%	8.66%
Accounts Receivable	3.41	31.33	28.59	29.25	17.39	25.56
Other Receivables	0.17	0.17	4.5	0.13	0.48	0.24
Receivables	3.58	31.49	38.2	29.49	17.87	25.8
Inventory	6.71	6.75	3.17	-	-	-
Prepaid Expenses	4.15	3.81	1.74	1.74	1.45	-
Other Current Assets	30.88	7.29	6.81	3.36	58.68	60.44
Total Current Assets	160.34	167.96	164.83	92.64	139.54	176.33
Property, Plant & Equipment	2.95	3.07	3.12	3.57	3.82	4.46
Long-Term Investments	18.55	18.8	17.71	17.91	21.1	14.94
Goodwill	158.59	158.59	158.59	158.59	158.59	158.59
Other Intangible Assets	103.83	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	0.37	-	-	0	0	-
Total Assets	444.62	454.26	457.53	394.65	459.74	503.4
Accounts Payable	9.32	17.58	12.15	3.61	3.79	3.7
Accrued Expenses	-	14.39	15.91	8.43	6.82	6.37
Current Portion of Long-Term Debt	10.53	10.53	10.53	7.18	4.68	1.09
Current Portion of Leases	0.78	0.79	0.99	2.37	1.49	2.01
Current Income Taxes Payable	15.18	12.89	7.52	1.35	5.81	3.94
Current Unearned Revenue	-	-	-	-	0.18	0.16
Other Current Liabilities	61.05	54.31	44.19	35.05	21.8	31.39
Total Current Liabilities	96.85	110.48	91.29	58	44.56	48.66
Long-Term Debt	73.42	76.02	86.23	15.76	22.94	7.61
Long-Term Leases	0.55	0.75	1.36	2.39	3.63	4.92
Long-Term Unearned Revenue	5.29	5.39	5.41	5.31	4.27	4.82
Long-Term Deferred Tax Liabilities	25.72	26.17	27.48	44.22	46.31	48.44
Other Long-Term Liabilities	3.53	4.95	7.25	4.22	3.98	4
Total Liabilities	205.36	223.75	219.03	129.9	125.7	118.46
Common Stock	21.68	21.68	22.4	22.4	22.4	22.4
Additional Paid-In Capital	-	-	-	-	-	279.97
Retained Earnings	56.35	48.13	57.06	79.43	38.11	66.79
Treasury Stock	-25.31	-25.59	-45.85	-21.07	-21.25	-1.41
Comprehensive Income & Other	186.54	186.29	204.9	178.45	288.7	10.47
Total Common Equity	239.26	230.51	238.51	259.21	327.95	378.22
Minority Interest	-	-	-	5.55	6.09	6.72
Shareholders' Equity	239.26	230.51	238.51	264.76	334.04	384.94
Total Liabilities & Equity	444.62	454.26	457.53	394.65	459.74	503.4
Total Debt	85.28	88.08	99.11	27.7	32.74	15.63
Net Cash (Debt)	29.74	30.53	15.8	30.35	28.8	74.47
Net Cash Growth	106.33%	93.21%	-47.94%	5.39%	-61.32%	-0.41%
Net Cash Per Share	1.40	1.45	0.73	1.40	1.29	3.33
Filing Date Shares Outstanding	21.29	21.1	21.09	21.66	21.65	22.36
Total Common Shares Outstanding	21.29	21.1	21.09	21.66	21.65	22.36
Working Capital	63.49	57.48	73.55	34.64	94.98	127.67
Book Value Per Share	11.24	10.92	11.31	11.97	15.15	16.91
Tangible Book Value	-23.16	-33.92	-33.36	-20.09	41.02	84.09
Tangible Book Value Per Share	-1.09	-1.61	-1.58	-0.93	1.89	3.76
Machinery	-	9.53	8.58	8.02	7.65	6.84

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