INCOME TAX MATTERS (Tables)

12 Months Ended

Dec. 31, 2025

Notes and other explanatory information [abstract]

Disclosure of income tax benefit/(expense)


		2025				2024				2023
Accounting net income/(loss) before tax			3,312				5,372				(8,928	)
At Codere Online statutory income tax rate			(563	)			(913	)			1,518
Tax effect of unrecognized tax losses and permanent differences			(708	)			2,783				4,119
Recognition of previously unrecognised tax losses			1,411				(854	)			854
Effect of different tax rates in different jurisdictions			(2,157	)			(2,478	)			22
Income tax benefit/(expense)			(2,017	)			(1,462	)			6,513
Effective tax rate			(61	)%			(27	)%			(73	)%
Of which -							-
Current tax expense			(2,482	)			(2,491	)			(1,604	)
Deferred tax benefit/(expense)			465				1,029				8,117
Total income tax benefit/(expense)			(2,017	)			(1,462	)			6,513

Schedule of deferred taxes

Schedule of deferred taxes
		12/31/2023				Recognized in profit or loss				12/31/2024				Recognized in profit or loss				12/31/2025
Deferred tax asset			8,178				1,029				9,207				1,733				10,940
Limitation on deductibility of Spanish CIT			5,986				1,100				7,086				964				8,050
Limitation on deductibility of Spanish CIT – reversals			-				(642	)			(643	)			(699	)			(1,341	)
Tax losses carried forward			854				(854	)			-				1,411				1,411
Financial expenses deductibility			-				925				925				(925	)			-
Share-based payments			1,338				500				1,838				1,459				3,297
Share-based payments – vested shares											-				(477	)			(477	)
Deferred tax liabilities			-				-				-				(1,268	)			(1,268	)
Interest receivable			-				-				-				(1,268	)			(1,268	)

Disclosure of future profits

Disclosure of future profits
Entity		Total as of 12/31/2025				Total as of 12/31/2024
SEJO			20,523				22,865
LIFO AenP (Mexico)			22,774				34,072
Codere Online Colombia			5,692				6,368
Codere Online Luxembourg			249,308				242,564