Assets

The company's long-term assets, including goodwill and tangible assets, demonstrate a significant increase, indicating a substantial investment in its business operations and strategic growth initiatives. Conversely, the short-term assets, such as cash and equivalents, have shown a notable increase, suggesting a strong liquidity position and ability to meet near-term obligations. Overall, the company's total assets and investments have expanded, reflecting its commitment to growth and expansion, while also maintaining a healthy balance between long-term and short-term financial positions.

Shareholders Equity

The increase in Shareholders' Equity is primarily driven by the significant improvement in retained earnings, which suggests that the company has generated substantial profits during the period. This, in turn, is likely due to the company's successful execution of its business strategy, which has enabled it to capitalize on growth opportunities and optimize its operations. Furthermore, the increase in Shareholders' Equity also indicates that the company's management has made prudent decisions regarding capital allocation, which has contributed to the company's overall financial health.

The equity value for Q2 2026 is 30.2 million Euros, and the predicted equity value for Q2 2027 (e) is 33.7 million Euros. The expected change in equity value from Q2 2026 to Q2 2027 (e) is 3.5 million Euros, which represents a 11.6% increase. The equity is expected to increase by 4 million Euros from 2025 to 2026, which is a 14.3% change. From 2026 to 2027, the equity is predicted to increase by 4.2 million Euros, representing a 13.1% change. The year-end values for Equity are 28 million Euros in 2025, 32 million Euros in 2026, and 36.2 million Euros in 2027.

*Future dividents are not included in prediction

Debt

The company's long-term debt has increased significantly, which may indicate a strategic decision to take on more debt to finance growth initiatives, but it also raises concerns about the potential for increased interest expenses and reduced financial flexibility. The short-term debt, on the other hand, has decreased, suggesting that the company has made efforts to manage its working capital and reduce its reliance on short-term financing. However, the gearing ratio remains elevated, indicating that the company's debt levels are still a significant proportion of its equity, which may limit its ability to absorb future shocks and reduce its financial flexibility.

The Net Debt in Q2 2026 is 21.9 million Euros, and the predicted Net Debt in Q2 2027 (e) is 22.4 million Euros. The expected change in Net Debt from Q2 2026 to Q2 2027 (e) is 0.5 million Euros, which represents a 2.3% increase. The Net Debt is expected to decrease by 6.2 million Euros from 2025 to 2026, which is a 27.7% decrease. From 2026 to 2027, the Net Debt is expected to increase by 0.4 million Euros, which is a 2.5% increase. The year-end Net Debt values for 2025, 2026, and 2027 are 22.4, 16.2, and 17.6 million Euros, respectively.