v3.26.1
Income Tax (Tables)
6 Months Ended
Jun. 30, 2026
Major components of tax expense (income) [abstract]  
Summary of Current and Deferred Taxes

The following table illustrates the current and deferred taxes for the periods indicated:

 

 

Three months ended June 30,

 

 

Six months ended June 30,

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

 

(Euros in thousands)

 

 

(Euros in thousands)

 

Current income tax

 

 

 

 

 

 

 

 

 

 

 

 

Deferred income tax

 

 

274

 

 

 

1,001

 

 

 

222

 

 

 

1,996

 

Taxes on income

 

 

274

 

 

 

1,001

 

 

 

222

 

 

 

1,996

 

 

During the three and six months ended June 30, 2026 and 2025, the Group generated a net loss. Correspondingly the Group did not recognize a current income tax expense and no equivalent current tax liability for the three and six months ended June 30, 2026 and 2025.

During the three months ended June 30, 2026 and 2025, the deferred tax liability decreased by €0.3 million and €1.0 million and during the six months ended June 30, 2026 and 2025 by €0.2 million and €2.0 million, respectively, due to a decrease in temporary differences and correspondingly the Group recognized a deferred income tax benefit.