​

  ​ ​ ​

At June 30, 

  ​ ​ ​

At December 31, 

(Euro thousands)

​

2026

​

2025

Due to related companies

53,565

37,553

Loan note

​

42,036

​

40,779

Accrued expenses

​

14,013

​

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