Quart Development S.A. (WSE:QRT)

Quart Development 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	12.15	14.98	15.52	1.32	0.71	2.36
Short-Term Investments	6.22	7.14	2.44	1.31	0.81	0.31
Cash & Short-Term Investments	18.37	22.13	17.95	2.63	1.53	2.66
Cash Growth	-12.83%	23.24%	583.10%	72.32%	-42.73%	-72.08%
Accounts Receivable	0.01	0.07	0.01	0.05	0.17	3.23
Other Receivables	0.18	0.09	0.1	0.41	0.55	1.95
Receivables	0.19	0.16	0.12	0.46	0.72	5.18
Inventory	22.09	23	26.01	34.36	34.15	25.32
Prepaid Expenses	-	0.01	0.02	0.01	0.02	0.01
Restricted Cash	-	-	0.57	0.24	-	-
Other Current Assets	-	0.06	0.06	0.06	0.12	0.1
Total Current Assets	40.66	45.36	44.73	37.75	36.54	33.28
Property, Plant & Equipment	0.62	0.69	1.25	3.75	3.94	7.08
Long-Term Investments	0	0	0	0	0	-
Long-Term Deferred Tax Assets	0.03	0.03	0.01	0.01	0	0.02
Other Long-Term Assets	12	6	4	-	-	-
Total Assets	53.31	52.08	49.99	41.51	40.49	40.39

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	0.17	0.05	0.11	0.25	0.35	1.7
Accrued Expenses	0.02	0.08	0.08	0.1	0.1	0.09
Current Income Taxes Payable	0.41	0.22	0.41	0.3	0.1	0.59
Current Unearned Revenue	0.28	-	0.6	1.31	-	0.19
Other Current Liabilities	0.44	0.44	0.49	0.56	0.63	0.49
Total Current Liabilities	1.33	0.79	1.69	2.52	1.18	3.06
Pension & Post-Retirement Benefits	0.02	0.02	0.02	0.02	0.02	0.02
Other Long-Term Liabilities	1.16	1.18	0.55	0.36	0.47	0.56
Total Liabilities	2.51	1.98	2.26	2.9	1.67	3.64

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	12.83	12.83	12.83	12.83	12.83	12.83
Additional Paid-In Capital	-	36.02	25.31	24.77	25.62	24.74
Retained Earnings	-0.53	0.78	9.11	0.55	-0.1	-1.23
Comprehensive Income & Other	38.07	0.04	0.04	0.04	0.04	-
Total Common Equity	50.36	49.66	47.3	38.18	38.38	36.34
Minority Interest	0.44	0.44	0.43	0.43	0.43	0.41
Shareholders' Equity	50.8	50.1	47.73	38.61	38.81	36.75
Total Liabilities & Equity	53.31	52.08	49.99	41.51	40.49	40.39

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
Net Cash (Debt)	18.37	22.13	17.95	2.63	1.53	2.66
Net Cash Growth	-12.83%	23.24%	583.10%	72.32%	-42.73%	-72.08%
Net Cash Per Share	1.43	1.72	1.40	-	0.12	0.21
Filing Date Shares Outstanding	12.83	12.83	12.83	-	12.83	12.83
Total Common Shares Outstanding	12.83	12.83	12.83	-	12.83	12.83
Working Capital	39.32	44.57	43.04	35.23	35.36	30.21
Book Value Per Share	3.93	3.87	3.69	-	2.99	2.83
Tangible Book Value	50.36	49.66	47.3	38.18	38.38	36.34
Tangible Book Value Per Share	3.93	3.87	3.69	-	2.99	2.83
Land	-	0.02	0.02	2.16	2.16	2.16
Buildings	-	0.54	1.14	1.58	1.58	5.4
Machinery	-	0.62	1.36	1.5	1.5	1.3
Construction In Progress	-	-	-	0.1	0.1	0.37

Data Source: S&P Global Market Intelligence Last updated: May 15, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 17, 2026

Data Sources Report a data error