v3.25.4
Consolidated Statement of Profit or Loss and Comprehensive Income - EUR (€)
€ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Unaudited Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income      
Revenue € 15,906 € 18,905 € 6,514
Other income 441 640 3,011
Research and development costs (44,733) (36,356) (25,148)
General and administrative costs (15,060) (13,661) (16,236)
Total operating costs (59,793) (50,017) (41,384)
Operating result (43,446) (30,472) (31,859)
Financial income 2,333 3,251 2,593
Financial expense (1,287) (1,084) (1,458)
Gain on disposal of subsidiary     92
Results related to derecognition of financial liabilities     1,866
Results related to financial liabilities measured at FVTPL 235 345 953
Result before corporate income taxes (42,165) (27,960) (27,813)
Corporate income taxes (19) 197 78
Result for the year (42,184) (27,763) (27,735)
Items that will never be reclassified to profit or loss      
Fair value loss on investment in financial asset designated as at FVTOCI     (621)
Items that are or may be reclassified to profit or loss      
Foreign operations - foreign currency translation differences (1,085) 533 (395)
Total comprehensive loss (43,269) (27,230) (28,751)
Result attributable to      
Owners of the Company (42,184) (27,763) (28,119)
Non-controlling interests     384
Result for the year (42,184) (27,763) (27,735)
Total comprehensive loss attributable to      
Owners of the Company (43,269) (27,230) (29,135)
Non-controlling interests     384
Total comprehensive loss € (43,269) € (27,230) € (28,751)
Share information      
Weighted average number of shares outstanding (basic) 105,334,357 86,086,486 81,011,438
Weighted average number of shares outstanding, diluted 105,334,357 86,086,486 81,011,438
Earnings per share attributable to owners of the Company (Euro per share)      
Basic loss per share € (0.4) € (0.32) € (0.35)
Diluted loss per share € (0.4) € (0.32) € (0.35)