v3.25.4
Consolidated Statements of Financial Position - EUR (€)
€ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Non-current assets    
Intangible assets € 3,710 € 4,028
Property, plant and equipment 146,479 98,714
Investments in associates 32,526 13,575
Other receivables 10,870 2,317
Total non-current assets 193,585 118,634
Current assets    
Inventories 301,533 295,609
Trade receivables 141,333 166,280
Income tax receivables 1,781 1,775
Other receivables 14,582 9,385
Prepayments 33,715 28,269
Cash and cash equivalents 616,041 559,543
Total current assets 1,108,985 1,060,861
Total assets 1,302,570 1,179,495
Equity    
Share capital 8,322 8,149
Distributable equity (171,143) (113,855)
Total equity (162,821) (105,706)
Non-current liabilities    
Borrowings 385,254 365,080
Contract liabilities 1,123 5,000
Deferred tax liabilities 9,623 7,258
Total non-current liabilities 396,000 377,338
Convertible notes, matures in April 2028    
Borrowings 429,391 458,207
Derivative liabilities 256,231 150,670
Convertible notes current 685,622 608,877
Other current liabilities    
Borrowings 57,141 33,329
Contract liabilities 4,944 936
Trade payables and accrued expenses 90,657 96,394
Other liabilities 58,204 67,956
Income tax payables 6,427 1,222
Provisions 166,396 99,149
Other current liabilities 383,769 298,986
Total current liabilities 1,069,391 907,863
Total liabilities 1,465,391 1,285,201
Total equity and liabilities € 1,302,570 € 1,179,495