v3.25.4
Leases (Tables)
12 Months Ended
Dec. 31, 2025
Presentation of leases for lessee [abstract]  
Summary of Right-of use assets

Right-of-use assets consist of the following:

 

 

As of

 

 

December 31,
2025

 

 

December 31,
2024

 

 

(Euros in thousands)

 

Buildings

 

 

12,588

 

 

 

13,154

 

Vehicles

 

 

149

 

 

 

107

 

IT and telecommunication

 

 

49

 

 

 

71

 

Total

 

 

12,786

 

 

 

13,332

 

Details of Lease liabilities

Lease liabilities consist of the following:

 

 

As of

 

 

December 31,
2025

 

 

December 31,
2024

 

 

(Euros in thousands)

 

Lease liabilities – current

 

 

2,757

 

 

 

2,851

 

Lease liabilities – non-current

 

 

12,878

 

 

 

13,352

 

Total

 

 

15,635

 

 

 

16,203

 

Summary of expenses related to right-of-use assets and lease liabilities

Expenses related to right-of-use assets and lease liabilities consist of the following:

 

 

Year ended December 31,

 

Depreciation expenses of right-of-use assets

 

2025

 

 

2024

 

 

2023

 

 

(Euros in thousands)

 

Buildings

 

 

(3,137

)

 

 

(3,213

)

 

 

(3,265

)

Laboratory equipment

 

 

 

 

 

(115

)

 

 

(360

)

Vehicles

 

 

(72

)

 

 

(64

)

 

 

(72

)

IT and telecommunication

 

 

(22

)

 

 

(25

)

 

 

(26

)

Total

 

 

(3,231

)

 

 

(3,417

)

 

 

(3,723

)

Interest expenses from leases

 

 

(946

)

 

 

(886

)

 

 

(801

)

Expenses relating to short-term leases

 

 

 

 

 

 

 

 

(1,548

)

Expenses relating to low-value assets

 

 

(109

)

 

 

(85

)

 

 

(86

)