Financial statements Vaco Development

Balance sheet of Vaco Development

Company age:

Age:

8 y. 11 m. 11 d.

Share capital:

5 000 PLN

Year	2022	2023
Total assets	24 626,12	17 378,82
A. Fixed assets	553,48	553,48
B. Current assets	24 072,64	16 825,34
C. Share capital contributions (basic funds)	0,00	0,00
D. Own shares (stocks)	0,00	0,00
Total liabilities	24 626,12	17 378,82
A. Equity	12 360,29	4 903,26
B. Liabilities and provisions for liabilities	12 265,83	12 475,56
I. Long-term liabilities	0,00	0,00
II. Short-term liabilities	12 265,83	12 475,56

Financial data is automatically retrieved from the EKRS webpage of the Ministry of Justice.

Fixed Assets - Assets held for a longer period, typically longer than a year, such as real estate or machinery.
Current Assets - Assets intended to be used or sold within a year, such as inventory, receivables, and cash.
Equity - The net value of a company's assets, representing the difference between its assets and liabilities.
Long-Term Liabilities - Financial obligations to be repaid over a period longer than a year, such as loans or bonds.
Short-Term Liabilities - Financial obligations to be repaid within a year, such as payables to suppliers or short-term loans.
Reserve Capital - A portion of equity set aside for specific purposes, such as covering losses or business development.