Wallbox N.V. (WBX) Balance Sheet
WBX balance sheet, 2025
December 31, 2025 · euros€239.5M assets = €271.0M liabilities + −€31.5M equity
Liabilities exceed assets: shareholders’ equity is negative (−€31.5M).
Both columns are drawn to the same scale: what WBX owns equals what it owes plus shareholders’ equity. Hover a block for its value.
WBX financial health
Descriptive bands, not a rating. Fiscal 2025.
WBX balance sheet trends, 2019–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | €36.4M2019 | €239.5M2025 | +36.9%/yr | |
| Total liabilities | €25.9M2019 | €271.0M2025 | +47.9%/yr | |
| Shareholders’ equity | €10.5M2019 | −€31.7M2025 | — | |
| Cash & short-term investments | €7.5M2019 | €9.4M2025 | +3.9%/yr | |
| Total debt | €17.7M2019 | €197.8M2025 | +49.5%/yr | |
| Net cash (debt) | −€10.2M2019 | −€188.4M2025 | −€178.1M | |
| Working capital | €2.8M2019 | −€74.7M2025 | −€77.5M | |
| Current ratio | 1.172019 | 0.572025 | −0.61 | |
| Debt / equity | 1.682019 | 3.622024 | +1.94 | |
| Shares outstanding | 161.0M2019 | 14.4M2025 | −33.1%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
WBX assets
WBX liabilities and equity
WBX debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
WBX balance sheet in euros
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Cash & short-term investments | €9.4M | €45.9M | €106.9M | €88.7M | €171.1M | €22.6M | €7.5M |
| Cash & equivalents | €4.4M | €20.0M | €101.2M | €83.3M | €113.9M | €22.3M | €7.2M |
| Short-term investments | €5.0M | €25.9M | €5.7M | €5.4M | €57.2M | €239,379 | €267,572 |
| Receivables | €32.1M | €30.3M | €51.8M | €54.7M | €41.2M | €11.1M | €4.1M |
| Inventory | €47.5M | €70.1M | €92.5M | €106.6M | €27.5M | €7.2M | €4.3M |
| Other current assets | €8.4M | €12.1M | €5.7M | €5.6M | €11.7M | €584,305 | €2.8M |
| Total current assets | €97.4M | €158.4M | €256.9M | €255.6M | €251.5M | €41.5M | €18.7M |
| Property, plant & equipment (net) | €85.3M | €100.0M | €111.6M | €82.8M | €43.8M | €9.3M | €6.0M |
| Goodwill & intangible assets | €50.6M | €87.3M | €107.4M | €75.9M | €43.5M | €29.3M | €1.3M |
| Long-term investments | €0 | €0 | €0 | €0 | €0 | €0 | €0 |
| Other non-current assets | €6.2M | €7.4M | €7.6M | €7.8M | €3.9M | €1.8M | €10.4M |
| Total assets | €239.5M | €353.1M | €483.5M | €422.0M | €342.6M | €81.8M | €36.4M |
| Liabilities | |||||||
| Accounts payable | €42.2M | €23.5M | €36.5M | €65.8M | €40.6M | €8.1M | €7.0M |
| Short-term debt | €114.2M | €136.5M | €131.4M | €91.9M | €35.3M | €13.3M | €7.8M |
| Deferred revenue | €2.8M | €2.8M | €5.9M | €1.5M | €2.1M | €401,583 | — |
| Total current liabilities | €172.1M | €175.8M | €190.8M | €178.8M | €170.4M | €23.7M | €15.9M |
| Long-term debt | €83.6M | €98.4M | €114.9M | €69.0M | €35.7M | €39.3M | €8.8M |
| Lease obligations | €33.1M | €36.4M | €39.0M | €27.3M | €22.3M | €5.1M | — |
| Other long-term liabilities | €15.2M | €16.3M | €28.0M | €5.0M | €5.4M | €6.6M | €1.2M |
| Total liabilities | €271.0M | €290.5M | €333.7M | €252.8M | €211.5M | €69.6M | €25.9M |
| Shareholders' equity | |||||||
| Common stock & paid-in capital | €66.3M | €55.2M | €50.4M | €45.8M | €44.5M | €196,059 | €189,175 |
| Retained earnings (deficit) | −€674.9M | −€569.2M | −€420.2M | −€306.7M | −€243.9M | −€20.1M | −€9.8M |
| Accumulated other comprehensive income | €539.6M | €12.8M | €5.9M | €10.6M | €2.6M | €76,169 | €623,048 |
| Minority interest | €232,000 | −€2.2M | €22,000 | €0 | — | — | — |
| Total shareholders' equity | −€31.7M | €64.8M | €149.8M | €169.2M | €131.1M | €12.2M | €10.5M |
| Key figures | |||||||
| Total debt | €197.8M | €234.9M | €246.3M | €160.9M | €71.1M | €52.6M | €17.7M |
| Net cash (debt) | −€188.4M | −€188.9M | −€139.4M | −€72.2M | €100.0M | −€30.1M | −€10.2M |
| Working capital | −€74.7M | −€17.4M | €66.2M | €76.8M | €81.1M | €17.8M | €2.8M |
| Tangible book value | −€82.3M | −€22.5M | €42.4M | €93.2M | €87.6M | −€17.0M | €9.2M |
| Shares outstanding | 14.4M | 189.3M | 187.7M | 163.4M | 138.2M | 161.0M | 161.0M |
| Current ratio | 0.57 | 0.90 | 1.35 | 1.43 | 1.48 | 1.75 | 1.17 |
| Quick ratio | 0.24 | 0.43 | 0.83 | 0.80 | 1.25 | 1.42 | 0.73 |
| Debt / equity | — | 3.62 | 1.64 | 0.95 | 0.54 | 4.30 | 1.68 |
| Equity / assets | −13.2% | 18.4% | 31.0% | 40.1% | 38.3% | 14.9% | 28.9% |
| Jun '26 | Mar '26 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | €24.9M | €9.4M | €32.2M | €45.9M | €46.1M | €46.6M | €65.6M | €65.8M | €97.1M | €107.2M |
| Cash & equivalents | €19.9M | €9.4M | €27.3M | €45.9M | €20.0M | €20.3M | €59.7M | €60.0M | €91.9M | €101.4M |
| Short-term investments | €5.0M | €5.0M | €4.9M | €25.9M | €25.9M | €26.3M | €5.8M | €5.9M | €5.2M | €5.7M |
| Receivables | €28.7M | €28.4M | €40.8M | €30.3M | €29.2M | €29.7M | €48.1M | €42.1M | €43.4M | €43.4M |
| Inventory | €46.7M | €53.7M | €56.6M | €70.1M | €70.1M | €83.1M | €84.9M | €89.3M | €84.0M | €97.1M |
| Other current assets | €9.5M | €5.9M | €6.3M | €12.1M | €12.9M | €1.3M | €6.1M | €8.3M | €8.9M | €10.0M |
| Total current assets | €109.8M | €97.4M | €136.0M | €158.4M | €158.4M | €160.8M | €204.7M | €205.5M | €233.5M | €257.6M |
| Property, plant & equipment (net) | €76.0M | €85.3M | €92.9M | €100.0M | €100.0M | €111.4M | €106.7M | €107.2M | €101.4M | €111.9M |
| Goodwill & intangible assets | €51.5M | €19.2M | €82.6M | €87.3M | €87.3M | €21.3M | €110.4M | €38.8M | €97.6M | €41.1M |
| Long-term investments | €0 | €0 | €0 | €0 | €0 | €0 | €0 | €0 | €0 | €0 |
| Other non-current assets | €5.0M | €37.6M | €5.0M | €7.4M | €7.4M | €65.0M | €7.4M | €79.5M | €6.9M | €74.2M |
| Total assets | €242.3M | €239.5M | €316.5M | €353.1M | €353.1M | €358.5M | €429.3M | €431.1M | €439.4M | €484.8M |
| Liabilities | ||||||||||
| Accounts payable | €36.2M | €42.2M | €33.2M | €23.5M | €23.5M | €23.9M | €30.4M | €30.5M | €33.2M | €36.6M |
| Short-term debt | €54.5M | €114.2M | €106.1M | €136.5M | €0 | €138.6M | €130.6M | €126.3M | €119.4M | €131.7M |
| Deferred revenue | — | — | €2.5M | €2.8M | — | — | €2.6M | €12.8M | €5.4M | — |
| Total current liabilities | €113.9M | €172.1M | €152.6M | €175.8M | €175.8M | €178.5M | €176.7M | €177.4M | €173.4M | €191.3M |
| Long-term debt | €0 | €0 | €110.3M | €0 | €98.4M | €0 | €124.2M | €0 | €114.9M | €0 |
| Lease obligations | — | — | €34.8M | — | €36.4M | — | €38.1M | — | €39.0M | — |
| Other long-term liabilities | €188.1M | €31.5M | €17.5M | €0 | €16.3M | €116.5M | €30.9M | €155.7M | €15.0M | €143.3M |
| Total liabilities | €302.0M | €31.5M | €280.4M | −€62.6M | €290.5M | €295.0M | €331.7M | €333.1M | €303.3M | €334.6M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | €82.5M | €66.3M | €66.0M | €55.2M | €55.2M | €56.1M | €50.6M | €50.9M | €45.8M | €50.5M |
| Retained earnings (deficit) | −€722.5M | −€674.9M | −€63.8M | −€569.2M | −€569.2M | −€577.9M | −€478.4M | −€480.4M | −€381.8M | −€421.3M |
| Accumulated other comprehensive income | €571.8M | −€31.7M | −€3.0M | €64.8M | — | €48.4M | €9.7M | €35.9M | €5.3M | €38.1M |
| Minority interest | — | — | €867,000 | — | −€2.2M | — | — | — | — | — |
| Total shareholders' equity | −€59.6M | −€31.5M | €35.3M | €62.6M | €64.8M | €65.8M | €97.6M | €98.0M | €136.1M | €150.2M |
| Key figures | ||||||||||
| Total debt | €218.5M | €197.8M | €216.4M | €234.9M | €98.4M | €238.5M | €254.8M | €217.6M | €223.8M | €247.0M |
| Net cash (debt) | −€193.6M | −€188.4M | −€184.2M | −€188.9M | −€52.3M | −€191.8M | −€189.2M | −€151.7M | −€126.7M | −€139.8M |
| Working capital | −€4.1M | −€74.7M | −€16.6M | −€17.4M | −€17.4M | −€17.7M | €28.0M | €28.2M | €60.1M | €66.3M |
| Tangible book value | −€111.0M | −€50.6M | −€47.3M | −€24.7M | −€22.5M | €44.5M | −€12.9M | €59.2M | €38.5M | €109.0M |
| Shares outstanding | 17.9M | 17.9M | 14.2M | 13.9M | 189.3M | 189.3M | 200.0M | 210.7M | 193.8M | 199.8M |
| Current ratio | 0.96 | 0.57 | 0.89 | 0.90 | 0.90 | 0.90 | 1.16 | 1.16 | 1.35 | 1.35 |
| Quick ratio | 0.47 | 0.22 | 0.48 | 0.43 | 0.43 | 0.43 | 0.64 | 0.61 | 0.81 | 0.79 |
| Debt / equity | — | — | 6.14 | 3.75 | 1.52 | 3.62 | 2.61 | 2.22 | 1.64 | 1.64 |
| Equity / assets | −24.6% | −13.1% | 11.1% | 17.7% | 18.4% | 18.4% | 22.7% | 22.7% | 31.0% | 31.0% |
Quarterly columns are labeled by the month the quarter ended. Figures in euros as reported (latest annual report filed April 9, 2026); data from EODHD.
WBX financial position
At the end of fiscal 2025 (December 31, 2025), Wallbox had total assets of €239.5 million (down 32.2% from a year earlier), total liabilities of €271.0 million and shareholders' equity of -€31.7 million. It held €9.4 million in cash and short-term investments against €197.8 million of debt, net debt of €188.4 million. Its current ratio was 0.57. In the latest quarter (ended June 30, 2026) total assets were €242.3 million and equity -€59.6 million.
Related: WBX income statement, WBX cash flow statement, WBX key metrics. See the WBX stock overview for the latest quote and news.
WBX balance sheet FAQ
What are Wallbox's total assets?
Wallbox reported total assets of €239.5 million at the end of fiscal 2025 (December 31, 2025), compared with €353.1 million a year earlier.
How much debt does Wallbox have?
Wallbox had €197.8 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was —.
How much cash does Wallbox have?
Wallbox held €9.4 million in cash and short-term investments at the end of fiscal 2025; with €197.8 million of debt that is net debt of €188.4 million.
What is Wallbox's book value?
Wallbox's shareholders' equity (book value) was -€31.7 million at the end of fiscal 2025.
What is Wallbox's current ratio?
Wallbox had current assets of €97.4 million and current liabilities of €172.1 million, a current ratio of 0.57 (current liabilities exceed current assets).
How much goodwill does Wallbox have?
Wallbox carried €50.6 million of goodwill and intangible assets, 21.1% of total assets, at the end of fiscal 2025.