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Other non-current financial assets

12 Months Ended

Dec. 31, 2025

Categories of non-current financial assets [abstract]

Other non-current financial assets

18. Other non-current financial assets

The following table provides a breakdown for other non-current financial assets:

			At December 31,
(€ thousands)			2025						2024
Guarantee deposits			32,375						34,021
Lease receivables from sublease			1,235						1,585
Other			4,886						5,880
Total other non-current financial assets			38,496						41,486

There are no expected credit losses associated with the guarantee deposits.

Other primarily related to investments in other companies, which are measured at fair value at December 31, 2025 and 2024.

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Disclosure of other noncurrent financial assets explanatory.

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