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

Fair Value Measurement (Tables)

v3.25.4
Fair Value Measurement (Tables)
12 Months Ended
Dec. 31, 2025
Fair Value Measurement [Abstract]  
Summary of fair value hierarchy for financial assets and liabilities that are measured at fair value on recurring basis

The following table shows the fair value hierarchy for financial assets and liabilities that are measured at fair value on a recurring basis at December 31, 2025:

 

 

 

 

 

Fair value measurement using

 

 

 

Notes

 

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

 

 

 

(EUR thousand)

 

Financial assets - investments FVTPL - traded

 

 

 

 

92

 

 

 

92

 

 

 

 

 

 

 

Financial assets - investments FVTPL - not traded

 

 

 

 

79

 

 

 

 

 

 

 

 

 

79

 

Non-current financial assets - derivatives

 

19

 

 

340

 

 

 

 

 

 

340

 

 

 

 

Current financial assets - derivatives

 

19

 

 

1,941

 

 

 

 

 

 

1,941

 

 

 

 

Non-current secured notes at FVTPL

 

19

 

 

4,208

 

 

 

 

 

 

 

 

 

4,208

 

Total assets

 

 

 

 

6,660

 

 

 

92

 

 

 

2,281

 

 

 

4,287

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current financial liabilities - derivatives

 

19, 26

 

 

592

 

 

 

 

 

 

592

 

 

 

 

Non-current financial liabilities - derivatives

 

19, 26

 

 

208

 

 

 

 

 

 

208

 

 

 

 

Total Liabilities

 

 

 

 

800

 

 

 

 

 

 

800

 

 

 

 

At December 31, 2024:

 

 

 

 

 

Fair value measurement using

 

 

Notes

 

Total

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

 

 

 

(EUR thousand)

 

Financial assets - investments FVTPL - traded

 

 

 

 

106

 

 

 

106

 

 

 

 

 

 

 

Financial assets - investments FVTPL - not traded

 

 

 

 

95

 

 

 

 

 

 

 

 

 

95

 

Current financial assets - derivatives

 

19

 

 

711

 

 

 

 

 

 

711

 

 

 

 

Non-current secured notes at FVTPL

 

19

 

 

3,938

 

 

 

 

 

 

 

 

 

3,938

 

Total assets

 

 

 

 

4,850

 

 

 

106

 

 

 

711

 

 

 

4,033

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current financial liabilities - derivatives

 

19, 26

 

 

3,420

 

 

 

 

 

 

3,420

 

 

 

 

Non-current financial liabilities - derivatives

 

19, 26

 

 

642

 

 

 

 

 

 

642

 

 

 

 

Total Liabilities

 

 

 

 

4,062

 

 

 

 

 

 

4,062

 

 

 

 

Summary of changes in level 3 instruments

The following table presents the changes in level 3 instruments for the year ended December 31, 2025:

 

 

 

Financial assets - investments FVTPL - not traded

 

 

Non-current secured notes at FVTPL

 

 

Total

 

 

 

(EUR thousand)

 

At December 31, 2024

 

 

95

 

 

 

3,938

 

 

 

4,033

 

Additions

 

 

13

 

 

 

 

 

 

13

 

Disposals

 

 

(28

)

 

 

 

 

 

(28

)

Fair value adjustments

 

 

 

 

 

270

 

 

 

270

 

At December 31, 2025

 

 

79

 

 

 

4,208

 

 

 

4,287