ZUE S.A. (WSE:ZUE)

ZUE S.A. 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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	49.88	27.79	52.68	223.56	63.25	108.74
Cash & Short-Term Investments	49.88	27.79	52.68	223.56	63.25	108.74
Cash Growth	362.58%	-47.24%	-76.44%	253.44%	-41.83%	362.96%
Accounts Receivable	308.19	316.01	393.71	382.41	294.67	233.65
Other Receivables	14.65	7.91	7.55	5.44	4.29	5.42
Receivables	323.25	324.33	401.85	387.85	300.14	239.08
Inventory	95.06	41.24	27.8	70.36	81.67	37.82
Other Current Assets	36.68	26.34	35.15	30.66	30.2	16.36
Total Current Assets	504.87	419.71	517.48	712.43	475.26	402
Property, Plant & Equipment	127.73	123.9	134.03	110.39	105.3	106.16
Long-Term Investments	0.45	0.45	0.78	0.33	0.33	-
Goodwill	31.44	31.44	31.17	31.17	31.17	31.17
Other Intangible Assets	2.91	1.29	1.89	2.47	2.49	2.72
Long-Term Deferred Tax Assets	19.71	18.45	20.23	21.7	19.11	21.78
Other Long-Term Assets	22.6	25.77	23.41	23.21	38.1	13.68
Total Assets	712.19	623.48	731.7	905.81	674.69	577.51

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	135.38	110.85	98.62	193.13	135.9	117.21
Accrued Expenses	56.7	138.09	174.82	70.92	68.98	61.15
Current Portion of Long-Term Debt	5.83	6.88	25.52	10.55	19.64	7.96
Current Portion of Leases	9.99	9.06	8.92	6.74	5.07	6.29
Current Income Taxes Payable	2.58	0.47	-	4.29	0.13	1.1
Current Unearned Revenue	46.91	9.47	83.72	91.48	78.99	56.28
Other Current Liabilities	140.58	37.95	39.88	215.51	125.85	104.09
Total Current Liabilities	397.98	312.77	431.47	592.62	434.56	354.07
Long-Term Debt	-	-	-	47.02	8.7	-
Long-Term Leases	39.69	38.6	44.46	25	15.21	14.25
Pension & Post-Retirement Benefits	1.93	1.94	1.88	2.06	1.8	1.86
Long-Term Deferred Tax Liabilities	0.74	0.51	0.58	0.67	1.32	0.28
Other Long-Term Liabilities	52.07	52.09	46.96	38.38	32.34	40.64
Total Liabilities	492.41	405.91	525.34	705.74	493.93	411.1

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	5.76	5.76	5.76	5.76	5.76	5.76
Additional Paid-In Capital	93.84	93.84	93.84	93.84	93.84	93.84
Retained Earnings	121.33	119.03	107.97	101.76	82.48	69.29
Treasury Stock	-2.69	-2.69	-2.69	-2.69	-2.69	-2.69
Comprehensive Income & Other	0.06	0	-	-	-	-
Total Common Equity	218.29	215.94	204.88	198.66	179.38	166.19
Minority Interest	1.49	1.63	1.48	1.41	1.39	0.21
Shareholders' Equity	219.77	217.57	206.35	200.08	180.77	166.4
Total Liabilities & Equity	712.19	623.48	731.7	905.81	674.69	577.51

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	55.52	54.54	78.9	89.31	48.62	28.5
Net Cash (Debt)	-5.64	-26.75	-26.22	134.25	14.63	80.24
Net Cash Growth	-	-	-	817.38%	-81.76%	-
Net Cash Per Share	-0.25	-1.17	-1.15	5.90	0.64	3.52
Filing Date Shares Outstanding	22.77	22.77	22.77	22.77	22.77	22.77
Total Common Shares Outstanding	22.77	22.77	22.77	22.77	22.77	22.77
Working Capital	106.89	106.93	86.02	119.81	40.71	47.93
Book Value Per Share	9.59	9.49	9.00	8.73	7.88	7.30
Tangible Book Value	183.94	183.21	171.81	165.03	145.72	132.3
Tangible Book Value Per Share	8.08	8.05	7.55	7.25	6.40	5.81
Buildings	-	27.36	26.86	25.38	27.17	23.24
Machinery	-	127.25	128.72	132.31	136.69	115.47
Construction In Progress	-	0.89	0.56	0.59	0.3	0.57

Data Source: S&P Global Market Intelligence Last updated: Aug 19, 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 5, 2026

Data Sources Report a data error