v3.26.1
Fair Value of financial assets and liabilities (Tables)
12 Months Ended
Dec. 31, 2025
Fair Value of financial assets and liabilities  
Summary of fair values of financial assets and liabilities

December 31, 2025

Carrying

in k€

  ​ ​ ​

amount

  ​ ​ ​

Fair value

  ​ ​ ​

Level 1

  ​ ​ ​

Level 2

  ​ ​ ​

Level 3

Financial assets

 

 

 

 

Equity instruments*

 

45,205

45,205

 

 

21,240

 

23,965

Other financial assets

 

 

 

 

Derivative financial instruments

996

996

996

Financial assets carried at FVTPL

46,201

46,201

22,236

23,965

Equity instruments

1,265

1,265

1,265

Current investments

57,873

57,873

57,873

Cash equivalents

159,056

159,056

159,056

Financial assets carried at FVOCI

218,194

218,194

218,194

Financial assets carried at fair value

264,395

264,395

218,194

22,236

23,965

Cash and cash equivalents**

259,461

259,461

Receivables and contract assets

164,258

164,258

Other financial assets

24,585

24,585

Carried at (amortized) costs

448,304

448,304

Total financial assets

712,699

712,699

218,194

22,236

23,965

Financial liabilities

Contingent consideration

Derivative financial instruments

(222)

(222)

(222)

Financial Liabilities carried at FVTPL

(222)

(222)

(222)

Financial liabilities carried at fair value

(222)

(222)

(222)

Trade account payables

(64,764)

(64,764)

Loans and borrowings

(276,403)

(249,568)

Other financial liabilities

(173,818)

(173,818)

Carried at (amortized) costs

(514,985)

(488,149)

Total financial liabilities

 

(515,207)

(488,371)

 

 

(222)

 

*Includes assets held for sale totaling €3,830k.

**excludes Money Market Funds classified under Cash and Cash Equivalents amounting to € 159,056k.

December 31, 2024

Carrying

in k€

  ​ ​ ​

amount

  ​ ​ ​

Fair value

  ​ ​ ​

Level 1

  ​ ​ ​

Level 2

  ​ ​ ​

Level 3

Financial assets

 

 

 

 

Equity instruments

 

31,962

31,962

 

 

12,180

 

19,781

Other financial assets

2,127

2,127

 

 

 

2,127

Derivative financial instruments

Financial assets carried at FVTPL

34,089

34,089

12,180

21,909

Equity instruments

2,409

2,409

2,409

Current investments

90,413

90,413

90,413

Cash equivalents

3,562

3,562

3,562

Financial assets carried at FVOCI

96,384

96,384

96,384

Financial assets carried at fair value

130,472

130,472

96,384

12,180

21,909

Cash and cash equivalents*

302,825

302,825

Receivables and contract assets

162,353

162,353

Other financial assets

11,259

11,259

Carried at (amortized) costs

476,437

476,437

Total financial assets

606,909

606,909

96,384

12,180

21,909

Financial liabilities

Derivative financial instruments

(4,139)

(4,139)

(4,139)

Financial liabilities carried at FVTPL

(4,139)

(4,139)

(4,139)

Financial liabilities carried at fair value

(4,139)

(4,139)

(4,139)

Trade account payables

(85,792)

(85,792)

Loans and borrowings

(287,556)

(253,245)

Other liabilities

(153,175)

(153,175)

Carried at (amortized) costs

(526,523)

(492,213)

Total financial liabilities

 

(530,662)

(496,351)

 

 

(4,139)

 

*excludes Money Market Funds classified under Cash and Cash Equivalents amounting to € 3,562k.

Other Financials Assets carried at Fair Value through Profit & Loss consists of convertible loans granted to long-term investments in accordance with IFRS 9. These loans had been fully written off at reporting date (December 31, 2024: € 2,127k).

Summary of movement of financial assets and liabilities accounted for at fair values at level 3

  ​ ​ ​

Equity instruments

and other

in k€

financial assets

Balance as of January 1, 2025

 

21,909

Additions

 

7,259

Disposal

(848)

Transfer from Level 2 to Level 3

Transfer from Level 3 to Level 2

(329)

Fair value change through P&L

(2,974)

Dividends received

(1,053)

Balance as of December 31, 2025

23,965

  ​ ​ ​

Equity instruments

  ​ ​ ​

and other

Contingent 

in k€

financial assets

consideration

Balance as of January 1, 2024

40,328

 

(311)

Additions*

11,749

 

Disposal

311

Transfer from Level 2 to Level 3

9,543

Transfer from Level 3 to Level 2

(6,750)

Fair value change through P&L

(32,161)

Conversion of loans to investments in associates and joint ventures

(800)

Balance as of December 31, 2024*

21,909

*Change from prior year disclosed amount