v3.26.3
Notes to the unaudited interim condensed consolidated statement of financial position - Changes in liabilities arising from financing activities (Details) - EUR (€)
€ in Thousands
6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Changes in liabilities arising from financing activities    
Beginning balance € 230,890 € 181,250
Principal received 69,589 3
Decrease in loans (101,478) (1,791)
Interest paid (12,671)  
Payment of lease liabilities (1,167) (1,317)
Cash flow from (used in) financing activities (45,726) (3,104)
Lease new contract / reassessment 671 739
Initital recognition at fair value 3,784  
Change in fair value (70,705) (55,464)
Cumulative fixed interest expense accrual 14,374 9,427
Catch-up impact of the debt remeasurement 5,500  
Foreign exchange gain (loss) 2 (49)
Non-cash from (used in) financing activities (46,375) (45,347)
Ending balance 138,789 132,798
Bank overdraft    
Changes in liabilities arising from financing activities    
Beginning balance 13 9
Principal received (13) 3
Cash flow from (used in) financing activities (13) 3
Ending balance   12
PGE & PPR Loans    
Changes in liabilities arising from financing activities    
Beginning balance 5,928 9,195
Decrease in loans (1,478) (1,791)
Interest paid (75)  
Cash flow from (used in) financing activities (1,553) (1,791)
Cumulative fixed interest expense accrual 75  
Non-cash from (used in) financing activities 75  
Ending balance 4,450 7,404
EIB loan    
Changes in liabilities arising from financing activities    
Beginning balance 45,292 35,993
Decrease in loans (50,000)  
Interest paid (12,204)  
Cash flow from (used in) financing activities (62,204)  
Cumulative fixed interest expense accrual 11,394 4,286
Catch-up impact of the debt remeasurement 5,517  
Non-cash from (used in) financing activities 16,912 4,286
Ending balance   40,279
BlackRock - Claret Tranche A & B    
Changes in liabilities arising from financing activities    
Principal received 59,015  
Interest paid (392)  
Cash flow from (used in) financing activities 58,623  
Cumulative fixed interest expense accrual 637  
Non-cash from (used in) financing activities 637  
Ending balance 59,260  
Accrued interest payable on loans    
Changes in liabilities arising from financing activities    
Beginning balance 5,855 4,477
Cumulative fixed interest expense accrual (5,231) 933
Non-cash from (used in) financing activities (5,231) 933
Ending balance 624 5,410
Lease liabilities    
Changes in liabilities arising from financing activities    
Beginning balance 2,771 4,654
Payment of lease liabilities (1,167) (1,317)
Cash flow from (used in) financing activities (1,167) (1,317)
Lease new contract / reassessment 671 739
Cumulative fixed interest expense accrual 48  
Foreign exchange gain (loss) 2 (49)
Non-cash from (used in) financing activities 721 690
Ending balance 2,325 4,027
T2 New Shares and T2 BSAs call options    
Changes in liabilities arising from financing activities    
Beginning balance   73,400
Change in fair value   (73,400)
Non-cash from (used in) financing activities   (73,400)
EIB warrants    
Changes in liabilities arising from financing activities    
Beginning balance 119,385 24,315
Decrease in loans (50,000)  
Cash flow from (used in) financing activities (50,000)  
Change in fair value (69,385) 17,936
Non-cash from (used in) financing activities (69,385) 17,936
Ending balance   42,251
Convertible option (Convertible Bonds)    
Changes in liabilities arising from financing activities    
Principal received 10,588  
Cash flow from (used in) financing activities 10,588  
Change in fair value (1,012)  
Non-cash from (used in) financing activities (1,012)  
Ending balance 9,576  
Lenders' warrants    
Changes in liabilities arising from financing activities    
Initital recognition at fair value 3,784  
Change in fair value (309)  
Non-cash from (used in) financing activities 3,475  
Ending balance 3,475  
Royalty certificates liabilities    
Changes in liabilities arising from financing activities    
Beginning balance 51,645 29,207
Cumulative fixed interest expense accrual 7,433 4,208
Non-cash from (used in) financing activities 7,433 4,208
Ending balance € 59,079 € 33,415