VBL Plc 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
Property, Plant & Equipment	87.99	84.09	77.93	74.52	60.87
Cash & Equivalents	1.08	1.09	0.93	1.35	1.95
Accounts Receivable	0.44	0.2	0.18	0.24	0.07
Other Receivables	0.32	0.23	0.03	0.05	1.37
Investment In Debt and Equity Securities	6.05	9.11	0	0	0
Other Intangible Assets	0.01	0.05	0.1	0.11	0.15
Loans Receivable Current	0.13	0.13	0.12	-	-
Other Current Assets	0.13	0.12	0.05	0.9	0.14
Deferred Long-Term Tax Assets	0.31	0.37	0.14	0.23	0.21
Other Long-Term Assets	-	-	-	0.11	0.11
Total Assets	96.46	95.38	79.48	77.52	64.87
Current Portion of Long-Term Debt	0.87	0.59	0.43	0.34	2.33
Current Portion of Leases	0.29	0.23	0.02	0.01	0.01
Long-Term Debt	18.59	18.55	7.84	7.88	1.3
Long-Term Leases	1.13	1.36	0.27	0.29	0.3
Accounts Payable	0.31	0.16	0.26	0.51	0.22
Accrued Expenses	0.64	1.31	0.73	0.55	0.31
Current Income Taxes Payable	0.12	0.03	-	-	-
Current Unearned Revenue	0.02	0.01	0.01	-	-
Other Current Liabilities	0.08	0.25	0.02	0.08	0.03
Long-Term Deferred Tax Liabilities	5.13	5.05	4.37	4.17	3.89
Other Long-Term Liabilities	0.14	0.12	0.11	0.09	0.05
Total Liabilities	27.32	27.66	14.05	13.91	8.44
Common Stock	49.84	49.84	49.84	49.61	48.89
Additional Paid-In Capital	1.09	1.09	1.09	1.02	0.73
Retained Earnings	17.9	16.5	14.18	12.63	6.43
Comprehensive Income & Other	0.32	0.3	0.33	0.35	0.38
Shareholders' Equity	69.14	67.72	65.43	63.61	56.43
Total Liabilities & Equity	96.46	95.38	79.48	77.52	64.87
Total Debt	20.88	20.73	8.56	8.52	3.94
Net Cash (Debt)	-19.81	-19.65	-7.63	-7.17	-1.99
Net Cash Per Share	-0.08	-0.08	-0.03	-0.03	-0.01
Filing Date Shares Outstanding	249.18	249.18	249.18	248.04	244.47
Total Common Shares Outstanding	249.18	249.18	249.18	248.04	244.47
Book Value Per Share	0.28	0.27	0.26	0.26	0.23
Tangible Book Value	69.13	67.66	65.34	63.49	56.28
Tangible Book Value Per Share	0.28	0.27	0.26	0.26	0.23
Buildings	0.1	0.1	0.1	0.1	0.1