v3.26.1
Income tax benefits / (expenses) - Summary of effective tax rate (Details) - EUR (€)
€ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Income tax benefits / (expenses)      
Loss before tax € (267,138) € (185,920) [1] € (141,976) [1]
Total income tax benefits / (expenses) € 15,775 € (3,086) [1] € (3,323) [1]
Effective tax rate 5.91% (1.66%) (2.34%)
[1] In accordance with IFRS 5, the consolidated statements of profit or loss for 2024 and 2023 have been restated, with the Caruso Brand presented as a discontinued operation (see Note 12).