$WBXWF

Wallbox N.V.

CIK:0001866501|SEC Filings

Consolidated Statements of Profit or Loss And Other Comprehensive Income - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Profit or loss [abstract]
Revenue	€ 145,120	€ 163,943	€ 143,769
Changes in inventories and raw materials and consumables used	(89,582)	(107,920)	(95,503)
Employee benefits	(51,561)	(71,488)	(81,236)
Other operating expenses	(42,701)	(54,089)	(59,788)
Amortization and depreciation	(34,189)	(37,873)	(28,443)
Impairment of assets	(26,755)	(26,415)
Net other income	374	25	14,260
Operating Profit / (Loss)	(99,294)	(133,817)	(106,941)
Financial income	533	1,945	1,472
Financial expenses	(17,920)	(23,680)	(15,247)
Change in fair value of derivative warrant liabilities	1,910	1,081	6,476
Foreign exchange gains/(losses)	11,663	(4,044)	1,466
Financial Results	(3,814)	(24,698)	(5,833)
Loss before Tax	(103,108)	(158,515)	(112,774)
Income tax credit	(87)	6,723	703
Loss for the Year	(103,195)	(151,792)	(112,071)
Equity holders of the Company	(101,763)	(148,980)	(112,068)
Non-controlling interest	€ (1,432)	€ (2,812)	€ (3)
Earnings per share
Basic losses per share (euros per share)	€ (0.67)	€ (13.13)	€ (11.94)
Diluted losses per share (euros per share)	€ (0.67)	€ (13.13)	€ (11.94)
Loss for the Year	€ (103,195)	€ (151,792)	€ (112,071)
Other comprehensive (loss)/income that may be reclassified to profit or loss in subsequent periods
Currency translation differences in foreign operations, net of tax	(16,119)	6,916	(4,729)
Changes in the fair value of debt instruments at fair value through other comprehensive income, net of tax	(5)	36
Net other comprehensive (loss)/income that may be reclassified to profit or loss in subsequent periods	(16,124)	6,952	(4,729)
Total other comprehensive income	(16,124)	6,952	(4,729)
Total comprehensive loss for the year	€ (119,319)	€ (144,840)	€ (116,800)

Consolidated Statements of Cash Flows - EUR (€) € in Thousands	12 Months Ended
	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Cash flows from Operating Activities
Loss for the Year	€ (103,195)	€ (151,792)	€ (112,071)
Adjustments for:
Amortization and depreciation	34,189	37,873	28,443
Impairment of assets	26,755	26,415
Expected credit loss for trade and other receivables	931	2,088	1,893
Impairments of inventories	(171)	6,318	999
Change in provisions	(870)	156	2,426
Government grants	(1,965)	(1,198)	(1,706)
Financial income	(533)	(1,945)	(1,472)
Financial expenses	17,920	23,680	15,247
Change in fair value of derivative warrant liabilities	(1,910)	(1,081)	(6,476)
Exchange differences	(11,663)	4,044	(1,466)
Income tax credit	87	(6,723)	(703)
Share based payments expense	2,096	3,826	16,672
Results from disposals of property, plant and equipment	61	1,384
Negative Goodwill			(11,166)
Proceeds from government grants	1,454	6,374	6,329
Changes in
- inventories	22,994	11,677	23,553
- trade and other financial receivables	2,808	10,580	2,703
- other assets	(3,167)	(19,125)	1,227
- trade and other financial payables	22,307	(6,127)	(30,417)
- contract liabilities	1,871	2,044	1,885
Net cash from / (used) in operating activities	9,999	(51,532)	(64,100)
Cash flows from Investing Activities
Acquisition of intangible assets	(9,405)	(27,247)	(32,178)
Acquisition of property, plant and equipment	(632)	(8,244)	(12,236)
Proceeds from sale of property, plant and equipment	182
Proceeds from sale of financial assets at fair value through profit or loss	21,509		248
Acquisition of subsidiaries, net of cash acquired	(31)	(3,970)	(9,979)
Net cash from / (used) in investing activities	11,623	(39,461)	(54,145)
Cash flows from Financing Activities
Proceeds from loans	630,015	759,526	419,471
Repayments of loans	(665,658)	(770,956)	(337,977)
Payment of principal portion of lease liabilities	(4,811)	(5,846)	(2,809)
Payment of interest on lease liabilities	(1,739)	(1,911)	(1,341)
Interest and bank fees paid	(13,217)	(19,639)	(18,908)
Net cash from financing activities	(32,192)	2,955	140,631
Net increase/(decrease) in cash and cash equivalents	(10,570)	(88,038)	22,386
Cash and cash equivalents at beginning of year	20,036	101,158	83,308
Exchange gains/(losses)	(5,020)	6,916	(4,536)
Cash and cash equivalents at 31 December	4,446	20,036	101,158
ATM [Member]
Cash flows from Financing Activities
Proceeds from issuing equity instruments	403	43	6,106
Private Placement [Member]
Cash flows from Financing Activities
Proceeds from issuing equity instruments	22,654	41,405	74,242
Warrants Conversion And Other [Member]
Cash flows from Financing Activities
Proceeds from issuing equity instruments	€ 161	€ 333	€ 1,847

Consolidated Statements of Financial Position - EUR (€) € in Thousands	Dec. 31, 2025	Dec. 31, 2024
Non-Current Assets
Property, plant and equipment	€ 56,775	€ 67,848
Right-of-use assets	28,539	32,175
Intangible assets	39,778	76,101
Goodwill	10,796	11,178
Non-current financial assets	1,567	1,350
Tax credit receivables	4,639	6,047
Total Non-Current Assets	142,094	194,699
Current Assets
Inventories	47,523	70,082
Trade and other financial receivables	28,435	29,671
Other receivables	3,621	5,866
Other current financial assets	5,133	26,110
Other current assets / deferred charges	2,071	2,007
Advance payments	6,194	4,595
Cash and cash equivalents	4,446	20,036
Total Current Assets	97,423	158,367
Total Assets	239,517	353,066
Equity
Share capital	66,260	55,243
Share premium	7,443	531,113
Capital reduction reserves	542,972
Accumulated deficit	(674,858)	(569,175)
Other equity components	29,825	34,835
Foreign currency translation reserve	(3,335)	12,784
Total Equity attributable to owners of the Company	(31,693)	64,800
Non-controlling interest	232	(2,222)
Total equity	(31,461)	62,578
Non-Current Liabilities
Loans and borrowings	54,764	66,659
Lease liabilities	28,817	31,742
Provisions	2,608	3,064
Government grants	5,646	7,216
Deferred tax liabilities	2,675	3,412
Long term deferred income	4,319	2,644
Total Non-Current Liabilities	98,829	114,737
Current Liabilities
Loans and borrowings	109,902	131,810
Derivative warrants liabilities	70	2,168
Lease liabilities	4,287	4,664
Trade and other financial payables	46,299	29,052
Other payables	6,930	3,071
Provisions	1,964	2,349
Government grants	453	585
Contract liabilities	2,244	2,052
Total Current Liabilities	172,149	175,751
Total Liabilities	270,978	290,488
Total Equity and Liabilities	€ 239,517	€ 353,066