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

Other Receivables

v3.25.4
Other Receivables
 12 Months Ended
Dec. 31, 2025
Other Receivables [Abstract]  
Other receivables

23. Other receivables

Other receivables are as follows:

 

 

At December 31,

 

 

At December 31,

 

 

 

2025

 

 

2024

 

 

 

(EUR thousand)

 

Advances to suppliers

 

 

3,090

 

 

 

5,833

 

Accrued income and prepayments

 

 

11,432

 

 

 

12,059

 

VAT receivables

 

 

17,960

 

 

 

27,772

 

Other receivables

 

 

3,507

 

 

 

7,515

 

Total other receivables

 

 

35,989

 

 

 

53,179

 

 

The decrease in other receivables primarily reflects (i) the collection in September 2025 of certain VAT receivables for fiscal year 2024 claimed for refund by the Italian legal entities, and (ii) the collection of a receivable related to a grant recognized in connection with an investment tax credit, which the Group was entitled to transfer to a third party.