Makarony Polskie S.A. (WSE:MAK)

Makarony Polskie Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	39.56	33.52	53.1	29	7.83	26.16
Short-Term Investments	11.65	11.4	0	0	0	0
Cash & Short-Term Investments	51.21	44.92	53.1	29	7.83	26.16
Cash Growth	3.00%	-15.41%	83.08%	270.50%	-70.07%	6279.51%
Accounts Receivable	49.68	41.84	38.84	44.28	42.41	23.89
Other Receivables	-	2.71	0	0	0	0.55
Total Trade Receivables	49.68	44.55	38.84	44.28	42.41	24.44
Inventory	33.57	31.38	28.22	28.72	44.48	21.38
Other Current Assets	0.58	0.46	5.27	0.44	0.43	0.3
Total Current Assets	135.04	121.32	125.43	102.44	95.15	72.28
Net Property, Plant & Equipment	119.87	122.22	125.58	133.16	135.17	119.56
Other Intangible Assets	1.78	1.87	2.13	1.98	5.5	6.59
Goodwill	0.19	0.19	0.19	0.19	2.86	5.95
Other Long-Term Assets	4.85	4.86	0.51	0.32	0.64	0.67
Total Assets	261.72	250.46	253.84	238.09	239.33	205.04

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	37.28	29.13	33.35	33.48	52.89	33.41
Accrued Expenses	6.01	9.01	12.04	13.49	6.33	3.15
Short-Term Debt	1.73	1.74	3.02	3.02	13.22	15.24
Current Portion of Long-Term Debt	-	0	0	0	0.81	0.74
Current Portion of Leases	2.04	2.29	2.28	1.51	1.36	1.39
Other Current Liabilities	2.32	0.67	1.08	1.89	0.07	0.07
Total Current Liabilities	49.38	42.84	51.77	53.38	74.67	54
Long-Term Debt	3.41	3.84	5.68	8.69	13.13	20.99
Long-Term Leases	3.85	4.32	5.48	5.92	3.53	3.57
Other Long-Term Liabilities	13.62	14.2	17.27	20.83	25.08	24.84
Total Long-Term Liabilities	20.88	22.36	28.43	35.44	41.75	49.4
Total Liabilities	70.25	65.19	80.2	88.81	116.42	103.39

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	33.12	33.12	33.12	33.12	33.12	27.75
Treasury Stock	-2.72	-2.72	-1.02	0	-	-
Additional Paid-in Capital	136.61	136.61	113.27	72.34	65.52	67.98
Accumulated Other Comprehensive Income	-	-	0	0	0.11	0
Retained Earnings	24.45	18.25	28.27	43.81	24.16	5.93
Shareholders' Equity	191.47	185.27	173.64	149.28	122.91	101.65
Total Liabilities & Equity	261.72	250.46	253.84	238.09	239.33	205.04

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	11.02	12.19	16.45	19.13	32.05	41.93
Net Cash (Debt)	40.19	32.73	36.65	9.87	-24.22	-15.77
Net Cash Growth	20.67%	-10.70%	271.33%	-	-	-
Net Cash Per Share	3.70	3.00	3.32	0.89	-2.19	-1.69
Book Value	191.47	185.27	173.64	149.28	122.91	101.65
Book Value Per Share	17.64	16.97	15.74	13.52	11.13	10.87
Tangible Book Value	189.5	183.21	171.33	147.11	114.55	89.12
Tangible Book Value Per Share	17.46	16.78	15.53	13.32	10.38	9.53

Data Source: Fiscal.ai Last updated: May 22, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 3, 2026

Data Sources Report a data error