​

  ​ ​ ​

For the years ended December 31, 

(Euro thousands)

2025

2024

At January 1,

6,451

6,183

Provisions

3,961

1,656

Recoveries

(470)

—

Write off

(402)

(1,501)

Net foreign exchange differences

​

(218)

​

113

Transfer to held for sale

​

(306)

​

—

At December 31, 

9,016

6,451