Azelis Group NV (FRA:2R7)

Accolade Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	452.29	303.95	484.87	268.16	141.29	163.26
Cash & Short-Term Investments	452.29	303.95	484.87	268.16	141.29	163.26
Cash Growth	17.63%	-37.31%	80.81%	89.79%	-13.45%	56.95%
Accounts Receivable	617.16	496.38	444.86	443.29	375.59	218.72
Other Receivables	10.24	104.03	100.91	105.06	57.79	41.92
Receivables	627.4	600.41	545.77	548.34	433.38	260.64
Inventory	643.72	677.95	562.79	627.74	467.47	267.78
Other Current Assets	0.01	0.6	0.06	0.28	1.52	0.24
Total Current Assets	1,723	1,583	1,593	1,445	1,044	691.92
Property, Plant & Equipment	210.82	227.61	196.63	154.87	118.59	87.96
Long-Term Investments	0.25	0.25	0.29	0.24	0.18	0.22
Goodwill	2,389	2,537	2,409	2,174	1,803	1,346
Other Intangible Assets	1,315	1,384	1,345	1,167	1,001	815.38
Long-Term Deferred Tax Assets	25.74	22.1	15.69	20.61	10.48	6.42
Long-Term Deferred Charges	-	7.59	3.72	3.83	3.54	5.98
Other Long-Term Assets	2.93	1.39	7.75	11.76	1.36	0.78
Total Assets	5,668	5,763	5,572	4,977	3,982	2,955
Accounts Payable	663.05	486.8	434.09	462.73	368.66	236.97
Accrued Expenses	-	81.39	84.44	99.31	77.85	57.2
Short-Term Debt	315.29	19.15	18.29	30.41	40.52	23.56
Current Portion of Long-Term Debt	-	47.18	80.56	125.32	62.6	65.73
Current Portion of Leases	28.75	29.28	26.27	20.39	15.2	12.35
Current Income Taxes Payable	19.98	20.22	11.5	23.99	17.05	5.33
Other Current Liabilities	1.45	134.86	284.61	213.19	96.55	15.95
Total Current Liabilities	1,029	818.87	939.75	975.35	678.43	417.08
Long-Term Debt	1,601	1,614	1,551	1,178	840.03	1,145
Long-Term Leases	121.17	134.48	100.35	81.17	54.08	45.71
Long-Term Deferred Tax Liabilities	217.89	225.9	218.31	190.76	135.32	109.99
Other Long-Term Liabilities	9.96	35.68	72.97	102.86	13.78	11.14
Total Liabilities	2,992	2,843	2,896	2,537	1,730	1,737
Common Stock	5,880	5,880	5,880	5,680	5,680	11.75
Additional Paid-In Capital	-	-	-	-	-	1,189
Retained Earnings	962.16	1,148	962.29	798.75	564.57	95.63
Comprehensive Income & Other	-4,187	-4,152	-4,252	-4,094	-4,017	-80.96
Total Common Equity	2,655	2,876	2,590	2,385	2,228	1,216
Minority Interest	20.42	44.01	86.58	55.15	23.79	2.07
Shareholders' Equity	2,676	2,920	2,677	2,440	2,251	1,218
Total Liabilities & Equity	5,668	5,763	5,572	4,977	3,982	2,955
Total Debt	2,066	1,844	1,776	1,436	1,012	1,292
Net Cash (Debt)	-1,614	-1,540	-1,291	-1,168	-871.14	-1,129
Net Cash Per Share	-6.59	-6.32	-5.38	-4.99	-3.73	-0.96
Filing Date Shares Outstanding	245.73	243.5	243.92	233.85	233.85	1,175
Total Common Shares Outstanding	245.73	243.5	243.92	233.85	233.85	1,175
Working Capital	694.9	764.03	653.74	469.17	365.24	274.84
Book Value Per Share	10.81	11.81	10.62	10.20	9.53	1.03
Tangible Book Value	-1,049	-1,045	-1,165	-956.38	-576.43	-945.49
Tangible Book Value Per Share	-4.27	-4.29	-4.77	-4.09	-2.46	-0.80
Land	-	27.28	30.92	32.49	31.57	19.61
Machinery	-	20.75	19.9	15.19	12.3	7.79

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