Annual and transition report of foreign private issuers [Sections 13 or 15(d)]

Other Receivables

v3.25.0.1
Other Receivables
 12 Months Ended
Dec. 31, 2024
Other Receivables [Abstract]  
Other receivables

23. Other receivables

Other receivables are as follows:

 

 

At December 31,

 

 

At December 31,

 

 

 

2024

 

 

2023

 

 

 

(EUR thousand)

 

Advances to suppliers

 

 

5,833

 

 

 

10,107

 

Accrued income and prepayments

 

 

12,059

 

 

 

10,881

 

VAT receivables

 

 

27,772

 

 

 

19,803

 

Other receivables

 

 

7,515

 

 

 

3,109

 

Total other receivables

 

 

53,179

 

 

 

43,900

 

 

The increase in the other receivables substantially relates to a grant resulting from an investment tax credit which the Group intends and has the ability to sell to a third party. Such receivable, amounting to EUR 6,165 thousand at December 31, 2024, is expected to be collected in 2025.