v3.26.3
Other current liabilities
6 Months Ended
Jun. 30, 2026
Other current liabilities.  
Other current liabilities

14.Other current liabilities

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At June 30, 

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At December 31, 

(Euro thousands)

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2026

​

2025

Due to related companies

 

53,565

 

37,553

Loan note

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42,036

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40,779

Accrued expenses

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14,013

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16,528

Payroll and employee benefits payables

 

13,826

 

17,618

Tax payables

 

6,418

 

7,372

Customer advances

 

5,322

 

5,190

Warrant liabilities

 

252

 

273

Other

 

5,247

 

8,704

Total other current liabilities

 

140,679

 

134,017

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Loan note

The Loan Note is a secured loan note issued by the Company to Meritz Securities Co., Ltd., an investment firm incorporated in South Korea. For further details regarding the Loan Note, please refer to Note 28 — Other current liabilities in the Annual Consolidated Financial Statements.