v3.26.1
Income tax benefits / (expenses) - Summary of Group's theoretical tax and its income taxes (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]
Group's weighted theoretical tax (calculated in absolute values on the basis of subsidiaries'pre-taxable income / loss) 74,361 51,444 37,737
Tax effect on:      
Differences between foreign tax rates and the theoretical applicable tax rate and tax holidays (11,835) (6,261) (8,257)
Taxes relating to prior years 51 (772) (705)
Deferred tax assets not recognized (61,879) (51,525) (34,021)
Reversal of deferred tax assets arising from impairment of brand value within intangible assets 16,063    
Other tax items (986) 4,028 1,923
Total income tax benefits / (expenses) € 15,775 € (3,086) [1] € (3,323) [1]
[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).