v3.26.1
Consolidated statements of changes in equity - EUR (€)
€ in Thousands
Treasury shares
Other Reserves
Accumulated losses
Total
Non-controlling interests
Total
Opening balance at Dec. 31, 2022 € (25,023) € 762,961 € (442,618) € 295,320 € 5,486 € 300,806
Comprehensive loss            
Loss for the year     (129,313) (129,313) (16,940) (146,253) [1]
Currency translation difference   3,333   3,333 776 4,109
Net actuarial gains (losses) from defined benefit plans   (761)   (761) (490) (1,251)
Total comprehensive loss for the year   2,572 (129,313) (126,741) (16,654) (143,395)
Transactions with owners            
Repurchase of ordinary shares 25,023 (25,023)        
Issuance of Ordinary Shares (65,405) 65,405        
Employee share-based compensation   2,749   2,749   2,749
Capital contribution from non-controlling interests         5,645 5,645
Changes in ownership interest in subsidiaries without change of control   (1,987)   (1,987) 1,810 (177)
Total transactions with owners (40,382) 41,144   762 7,455 8,217
Closing balance at Dec. 31, 2023 (65,405) 806,677 (571,931) 169,341 (3,713) 165,628
Comprehensive loss            
Loss for the year     (165,255) (165,255) (24,040) (189,295) [1]
Currency translation difference   (8,007)   (8,007) (1,444) (9,451)
Net actuarial gains (losses) from defined benefit plans   45   45 7 52
Total comprehensive loss for the year   (7,962) (165,255) (173,217) (25,477) (198,694)
Transactions with owners            
Repurchase of ordinary shares 18,829 (18,829)        
Employee share-based compensation   551   551   551
Capital contribution from non-controlling interests         5 5
Others   (1,081)   (1,081) 680 (401)
Total transactions with owners 18,829 (19,359)   (530) 685 155
Closing balance at Dec. 31, 2024 (46,576) 779,356 (737,186) (4,406) (28,505) (32,911)
Comprehensive loss            
Loss for the year     (238,494) (238,494) (24,851) (263,345)
Currency translation difference   13,497   13,497 2,320 15,817
Net actuarial gains (losses) from defined benefit plans   335   335 109 444
Total comprehensive loss for the year   13,832 (238,494) (224,662) (22,422) (247,084)
Transactions with owners            
Repurchase of ordinary shares 46,576 (47,245)   (669)   (669)
Employee share-based compensation   184   184   184
Changes in ownership interest in subsidiaries without change of control   (18,580)   (18,580) 17,389 (1,191)
Total transactions with owners € 46,576 (65,641)   (19,065) 17,389 (1,676)
Closing balance at Dec. 31, 2025   € 727,547 € (975,680) € (248,133) € (33,538) € (281,671)
[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).