v3.26.1
General and administrative expenses
 6 Months Ended
Jun. 30, 2026
Disclosure Of Detailed Information General And Administrative Expenses [Abstract]  
General and administrative expenses

4. General and administrative expenses

 

 

 

For the three months ended June 30,

 

For the six months ended June 30,

 

 

 

2026

 

2025

 

2026

 

2025

 

 

 

€

 

€

 

€

 

€

 

Personnel (Note 5)

 

 

(7,503,343

)

 

(5,775,619

)

 

(13,750,840

)

 

(10,804,858

)

Professional fees

 

 

(3,281,897

)

 

(1,686,774

)

 

(6,855,363

)

 

(4,290,920

)

Insurance, facilities and office

 

 

(1,705,557

)

 

(1,389,322

)

 

(3,025,469

)

 

(2,740,083

)

Accounting, tax and auditing fees

 

 

(541,938

)

 

(743,906

)

 

(1,121,973

)

 

(1,361,229

)

Travel

 

 

(469,521

)

 

(274,070

)

 

(726,558

)

 

(599,201

)

Consulting

 

 

—

 

 

(28,497

)

 

—

 

 

(76,065

)

Other

 

 

(2,285,863

)

 

(867,001

)

 

(4,418,755

)

 

(2,164,751

)

 

 

 

(15,788,119

)

 

(10,765,189

)

 

(29,898,958

)

 

(22,037,107

)

 

Since 2022, the Group entered into a number of short-term rental arrangements, the expenses are included in "Other expenses".

Depreciation expense for the six months ended June 30, 2026 and 2025 was €0.3 million and €0.2 million, respectively, which related to property, plant and equipment and leases, and is included in the 'Other expenses' line.