NON-CURRENT AND CURRENT FINANCIAL LIABILITIES (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2026

Dec. 31, 2025



		Jun 30, 2026		Jun 30, 2026		Dec 31, 2025		Dec 31, 2025
in € thousand		Non-current		Current		Non-current		Current
Loans from banks		2,483		404		1,191		1,232
Other third party loans		200		2,938		2,200		3,114
Loans from shareholders		—		3,988		21,000		4,611
Loans from other related parties		6,000		7,416		11,000		8,634
Black forest term loan facility (Host loan and derivative)		—		6,758		574		5,290
XJ Harbour set-off agreement (Host loan and Share Price Protection)		6,813		—		9,459		64,267
Linden Convertible Notes (Host loan, warrants and derivative)		5,803		6,679		—		—
Pegasus Warrants		33,175		—		26,094		—
Total financial liabilities		54,474		28,184		71,518		87,148

The following table shows an overview of the financial liabilities of SCHMID as of December 31, 2025:



in € thousand		Non-current		Current
Loans from banks		1,191		1,232
Black forest term loan facility		574		—
Other third party loans		2,200		3,114
Loans from shareholders		21,000		4,611
Loans from other related parties		11,000		8,634
Total debt		35,965		17,591
Black forest term loan facility (derivative)		—		5,290
XJ Harbour Set-off agreement		9,459		64,267
Warrants		26,094		—
Total financial liabilities		71,518		87,148

The following table shows an overview of the financial liabilities of SCHMID as of December 31, 2024:



in € thousand		Non-current		Current
Loans from banks		—		2,219
XJ Harbour share purchase liability		—		23,539
Other third party loans		2,000		3,008
Loans from shareholders		21,000		8,694
Loans from other related parties		14,000		2,973
Total debt		37,000		40,433
Warrants		5,053		—
Total financial liabilities		42,053		40,433