Codere Online Luxembourg (CDRO) Balance Sheet: Assets & Liabilities

Codere Online Luxembourg (CDRO) Balance Sheet

As of Dec 31, 2025 (end of fiscal 2025), Codere Online Luxembourg reported total assets of EUR 80.86M and total liabilities of EUR 52.16M. Shareholders' equity was EUR 28.55M, up 18.6% from EUR 24.07M a year earlier. Total debt stood at EUR 3.42M against EUR 59.64M in cash and short-term investments, a net cash position of EUR 56.22M. That puts debt-to-equity at 0.12, compared with 0.21 a year earlier.

Codere Online Luxembourg Balance Sheet Analysis

Values in millions EUR

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Codere Online Luxembourg, S.A. (CDRO) - Annual data in millions EUR
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2021	FY 2020	FY 2019
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Mar 2022	Dec 2021	Dec 2020	Dec 2019
Current Assets
Cash and Cash Equivalents	49.98	40.31	41.28	53.81	94.91	94.91	10.90	8.02
Short-Term Investments	9.66	13.49	10.40	6.78	3.90	3.90	4.76	4.37
Cash & Short-Term Investments	59.64	53.80	41.28	60.58	98.81	98.81	10.90	12.39
Accounts Receivable	0.86	1.05	13.60	7.07	5.12	3.28	1.39	29.50
Inventory	0.00	0.00	0.00	0.00	0.00	-	0.00	-4.37
Other Current Assets	1.51	2.20	0.41	0.68	0.74	0.74	0.25	4.61
Total Current Assets	67.48	62.92	65.28	68.33	104.67	104.67	17.30	42.12
Non-Current Assets
Property, Plant & Equipment (Net)	2.44	2.41	0.33	0.20	0.13	0.13	0.12	0.09
Long-Term Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Intangible Assets	0.00	0.00	0.01	0.01	0.47	0.47	1.13	2.01
Other Non-Current Assets	10.94	0.00	8.18	0.00	-0.60	0.00	0.00	0.00
Total Non-Current Assets	13.38	11.62	8.52	0.98	0.61	0.61	1.24	2.10
Total Assets	80.86	74.54	73.80	69.31	105.28	105.28	18.55	44.23
Current Liabilities
Accounts Payable	22.41	24.55	47.00	23.79	19.69	19.69	17.12	18.52
Short-Term Debt	1.81	3.37	5.11	4.24	2.98	2.98	17.78	30.24
Current Portion of Long-Term Debt	1.81	3.37	5.11	4.24	-	2.98	17.78	-
Accrued Liabilities	2.94	2.52	0.75	1.87	-	1.47	0.33	-
Deferred Revenue	0.00	0.00	0.00	0.00	2.43	-	1.85	0.46
Other Current Liabilities	14.11	8.71	6.86	8.96	5.54	4.97	0.29	4.91
Total Current Liabilities	49.28	44.96	52.11	42.75	31.61	31.61	37.03	54.12
Non-Current Liabilities
Long-Term Debt	1.62	1.64	0.41	0.71	0.00	5.51	21.44	21.44
Deferred Tax Liabilities	1.27	0.00	0.00	0.00	0.00	-	0.00	0.00
Other Non-Current Liabilities	1.27	3.72	0.41	1.30	5.51	5.51	0.00	0.00
Total Non-Current Liabilities	2.88	5.36	0.41	2.01	5.51	5.51	21.44	21.44
Total Liabilities	52.16	50.32	52.51	44.76	37.12	37.12	58.47	75.56
Stockholders' Equity
Common Stock	45.64	45.49	45.30	45.12	45.12	45.12	0.06	0.06
Retained Earnings	-145.64	-146.93	-150.84	-148.42	-102.04	-102.04	-41.03	-17.70
Accumulated Other Comprehensive Income	21.62	18.59	19.76	20.78	18.00	18.00	0.95	-13.79
Additional Paid-in Capital	106.92	106.92	106.92	106.92	106.92	106.92	-7.06	0.00
Minority Interest	0.15	0.15	0.15	0.15	0.15	0.15	0.09	0.10
Shares Outstanding	45.25	45.49	45.30	45.12	-	45.12	-	-
Total Stockholders' Equity	28.55	24.07	21.29	24.40	68.01	68.01	-39.93	-31.43
Total Liabilities & Equity	80.86	74.54	73.80	69.31	105.28	105.28	18.55	44.23

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Codere Online Luxembourg Balance Sheet

How much debt does Codere Online Luxembourg have?

Codere Online Luxembourg had total debt of EUR 3.42M as of Dec 31, 2025, against EUR 59.64M in cash and short-term investments. Its debt-to-equity ratio was 0.12. Total debt was EUR 5.00M a year earlier.

What are Codere Online Luxembourg's total assets?

Codere Online Luxembourg reported total assets of EUR 80.86M as of Dec 31, 2025, up 8.5% from EUR 74.54M a year earlier. Total liabilities were EUR 52.16M.

What is Codere Online Luxembourg's shareholders' equity?

Codere Online Luxembourg's shareholders' equity was EUR 28.55M as of Dec 31, 2025, or about EUR 0.63 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition