v3.26.1
Unaudited Condensed Consolidated Interim Statements of Changes in Equity
€ in Thousands, $ in Thousands
Share capital
EUR (€)
Share capital
USD ($)
Share premium
EUR (€)
Share premium
USD ($)
Retained earnings (accumulated deficit)
EUR (€)
Retained earnings (accumulated deficit)
USD ($)
Treasury shares
EUR (€)
Treasury shares
USD ($)
Translation reserve from foreign operations
EUR (€)
Translation reserve from foreign operations
USD ($)
Hedging Reserve
EUR (€)
Hedging Reserve
USD ($)
Transaction reserve with non-controlling Interests
EUR (€)
Transaction reserve with non-controlling Interests
USD ($)
Total
EUR (€)
Total
USD ($)
Non- controlling Interests
EUR (€)
Non- controlling Interests
USD ($)
EUR (€)
USD ($)
Balance at Dec. 31, 2024 € 25,613   € 86,271   € (11,561)   € (1,736)   € 8,446   € 5,892   € 5,697   € 118,622   € 10,663   € 129,285  
Profit (loss) for the period     310           310   (1,886)   (1,576)  
Other comprehensive income (loss) for the period         (8,900)   45     (8,855)   159   (8,696)  
Total comprehensive income (loss) for the period     310     (8,900)   45     (8,545)   (1,727)   (10,272)  
Issuance of capital note to non-controlling interests                 1,148   1,148  
Share-based payments   4             4     4  
Balance at Jun. 30, 2025 25,613   86,275   (11,251)   (1,736)   (454)   5,937   14,757   119,141   27,080   146,221  
Balance at Dec. 31, 2024 25,613   86,271   (11,561)   (1,736)   8,446   5,892   5,697   118,622   10,663   129,285  
Profit (loss) for the period     (2,133)           (2,133)   (4,248)   (6,381)  
Other comprehensive income (loss) for the period         2,489   (153)     2,336   (7)   2,329  
Total comprehensive income (loss) for the period     (2,133)     2,489   (153)     203   (4,255)   (4,052)  
Sale of shares in subsidiaries from non-controlling interests             9,060   9,060   16,997   26,057  
Issuance of capital note to non-controlling interests                 1,147   1,147  
Options exercise 7   17             24     24  
Issuance of ordinary shares 2,382   10,281             12,663     12,663  
Share-based payments   16             16     16  
Balance at Dec. 31, 2025 28,002 $ 31,918 [1] 96,585 $ 110,092 [1] (13,694) $ (15,610) [1] (1,736) $ (1,979) [1] 10,935 $ 12,464 [1] 5,739 $ 6,542 [1] 14,757 $ 16,821 [1] 140,588 $ 160,248 [1] 24,552 $ 27,986 [1] 165,140 $ 188,234 [1]
Profit (loss) for the period [1] [1] 61,892 70,549 [1] [1] [1] [1] [1] 61,892 70,549 [1] (3,605) (4,110) [1] 58,287 66,439 [2]
Other comprehensive income (loss) for the period [1] [1] [1] [1] 6,995 7,974 [1] 708 807 [1] [1] 7,703 8,781 [1] 1,002 1,143 [1] 8,705 9,924 [1]
Total comprehensive income (loss) for the period [1] [1] 61,892 70,549 [1] [1] 6,995 7,974 [1] 708 807 [1] [1] 69,595 79,330 [1] (2,603) (2,967) [1] 66,992 76,363 [1]
Sale of shares in subsidiaries from non-controlling interests [1] [1] [1] [1] [1] [1] 9,060 [1]   9,060 [1]   16,996 [1] 26,056 [1]  
Proceeds from transactions with non-controlling interests 6 7 6 7 6 7
Options exercise 6 7 [1] 18 21 [1] [1] [1] [1] [1] [1] 24 28 [1] [1] 24 28 [1]
Share-based payments [1] 154 176 [1] [1] [1] [1] [1] [1] 154 176 [1] [1] 154 176 [1]
Balance at Jun. 30, 2026 € 28,008 $ 31,925 [1] € 96,757 $ 110,289 [1] € 48,198 $ 54,939 [1] € (1,736) $ (1,979) [1] € 17,930 $ 20,438 [1] € 6,447 $ 7,349 [1] € 14,763 $ 16,828 [1] € 210,367 $ 239,789 [1] € 21,949 $ 25,019 [1] € 232,316 $ 264,808 [1]
[1] Convenience translation into US$ (exchange rate as at June 30, 2026: EUR 1 = US$ 1.14)
[2] Convenience translation into US$ (exchange rate as at June 30, 2026: EUR 1 = US$ 1.14)