v3.26.1
Financial result (Details) - EUR (€)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Financial result      
Net Unrealized currency exchange gain/loss (-) € (45,484,000) € 22,727,000 € (20,544,000)
Net realized currency exchange gain/loss (-) 474,000 (678,000) (1,118,000)
Fair value re-measurement of warrants   4,000 18,000
Fair value loss on financial assets held at fair value through profit or loss 1,175,000   (390,000)
Positive effect from settlement of hedging instrument 22,745,000    
Fair value gain on current financial investments (18,266,000) 73,742,000 38,286,000
Fair value adjustments and net currency exchange differences (39,356,000) 95,795,000 16,252,000
Other financial income:      
Interest income 46,339,000 89,378,000 79,290,000
Discounting effect of non-current R&D incentives receivables 1,648,000 1,132,000 617,000
Discounting effect of other non-current liabilities.   395,000 318,000
Other finance income 64,000 223,000 24,000
Total other financial income 48,051,000 91,128,000 80,249,000
Other financial expenses:      
Interest expenses (1,034,000) (911,000) (1,770,000)
Discounting effect of non-current deferred income   227,000 645,000
Discounting effect of other non-current liabilities (1,183,000) 395,000 318,000
Other finance charges (646,000) (759,000) (843,000)
Total other financial expense (2,863,000) (1,670,000) (2,613,000)
Total net other financial income 5,832,000 185,253,000 93,888,000
Cash and cash equivalents and current financial investments [member]      
Other financial expenses:      
Fair value gains and interest Income excluding currency exchange results. 103,000,000 140,400,000 125,200,000
Cash and cash equivalents and current financial investments [member] | At amortized cost [member]      
Financial result      
Net Unrealized currency exchange gain/loss (-) € (44,800,000) € 22,200,000 € (20,400,000)