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

Income Tax - Schedule of Reconciliation of Effective Tax Rate (Details)

v3.25.4
Income Tax - Schedule of Reconciliation of Effective Tax Rate (Details) - EUR (€)
€ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Reconciliation of accounting profit multiplied by applicable tax rates [abstract]      
Accounting profit before tax € 189,106 € 160,288 € 189,553
Statutory income tax rate of 27.9% 52,761 44,720 52,885
Prior years taxes 796 (841) (1,932)
DTA not recognized on tax losses carry-forward for the current fiscal year 3,989 1,770 1,854
DTA recognized on tax losses carry-forward from previous years   (1,272) (2,810)
Tax effect on distributed dividends 336 507 827
Tax grants/not taxable items (1,767) (2,774) (5,097)
Different foreign tax rate effect (335) 412 (2,244)
DTA/DTL effect previous years     380
Other consolidation effects (577)    
Change of notional rate (5,928)    
Income tax expense reported in the statement of profit or loss € 49,275 € 42,522 € 43,863