v3.25.4

Financial Assets and Liabilities - Summary of Development in Borrowings Arising from Financing Activities (Details) - EUR (€) € in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2025 | Dec. 31, 2024
Disclosure of reconciliation of liabilities arising from financing activities [line items] |  |
Beginning of year | € 856,616 | € 644,265
Repayments | (44,613) | (26,496)
Net proceeds | 0 | 134,158
Additions | 78,517 | 861
Remeasurements | 10 | (11,248)
Accretion of interest | 80,433 | 65,419
Foreign exchange translation | (99,177) | 49,657
End of year | 871,786 | 856,616
Borrowings (excluding lease liabilities) [member] |  |
Disclosure of reconciliation of liabilities arising from financing activities [line items] |  |
Beginning of year | 763,586 | 545,472
Repayments | (29,065) | (11,819)
Net proceeds | 0 | 134,158
Remeasurements | 10 | (11,248)
Accretion of interest | 76,247 | 62,116
Foreign exchange translation | (90,516) | 44,907
End of year | 720,262 | 763,586
Lease liabilities [member] |  |
Disclosure of reconciliation of liabilities arising from financing activities [line items] |  |
Beginning of year | 93,030 | 98,793
Repayments | (15,548) | (14,677)
Net proceeds |  | 0
Additions | 78,517 | 861
Accretion of interest | 4,186 | 3,303
Foreign exchange translation | (8,661) | 4,750
End of year | € 151,524 | € 93,030

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