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Related Party Transactions (Tables)
12 Months Ended
Dec. 31, 2025
Related Party Transactions [Abstract]  
Schedule of Total Amount of Transactions

The following table provides the total amount of transactions that have been entered into with related parties for the relevant financial year.

 

   2025 
kEUR  Sales of goods and services   Purchase of goods and services   Other
income
   Other
expense
   Interest expense 
Transactions with shareholders   1,014    -           -    -56    -8,419 
Transactions with affiliated companies   21    -2,420    -    -4,413    -56 
Transactions with associated companies   532    -146    -    -179    - 
Total   1,566    -2,566    -    -4,648    -8,475 

The shares in Polar EV Charge & Storage AB were sold on 24 October 2025 without any material financial effects.

 

   2024 
kEUR  Sales of goods and services   Purchase of goods and services   Other
income
   Other
expense
   Interest expense 
Transactions with shareholders   11,066    -    -    -61    -10,919 
Transactions with affiliated companies   76    -11,016    107    -4,507    -354 
Transactions with associated companies   390    -111    -    -201    - 
Total   11,531    -11,127    107    -4,769    -11,273 
Transactions with associated companies include sales to AW Connectivity Platform GmbH, enesto GmbH and Polar EV Charge & Storage AB and subsidiaries.
   2023 
kEUR  Sales of goods and services   Purchase of goods and services   Other
income
   Other
expense
   Interest expense 
Transactions with shareholders   2,651    -    -    -122    -2,784 
Transactions with affiliated companies   2,644    -9,616    -    -4,688    -63 
Transactions with associated companies   7,707    -94    -    -122    - 
Total   13,003    -9,710            -    -4,932    -2,847 
Schedule of Liabilities to Affiliated Companies

Liabilities to affiliated companies mainly comprise a liability to ads-tec Industrial IT GmbH in the amount of kEUR 808 (December 31, 2024: kEUR 1,700) and a liability to ads-tec Administration GmbH in the amount of kEUR 875 (December 31, 2024: kEUR 771).

   Dec. 31, 2025   Dec. 31, 2024 
kEUR  Receivables   Liabilities   Receivables   Liabilities 
Transactions with shareholders   160    5,010    777    13,333 
Transactions with affiliated companies   3    1,864    712    1,863 
Transactions with associated companies   -    139    347    123 
Total   163    7,013    1,836    15,319 
Schedule of Key Management Personnel

As of December 31, 2025, key management is represented by the following people:

 

Key management personnel

  Role
Joseph Brancato   Director
Thomas Speidel   Chief Executive Officer and Director
Kurt Lauk, PhD   Director (Chairman)
Sonja Harms, PhD   Director
Andreas Fabritius, PhD   Director
Alwin Epple   Director
Torsten Klee (since October 2025)   Chief Financial Officer
Stefan Berndt-von Bülow (until September 2025)   Chief Financial Officer
Michael Rudloff   Chief Operating Officer
Sebastian Schypulla   Chief Purchase and Logistics Officer
Hakan Konyar (until December 2025)   Chief Production Officer
Schedule of Key Management Personnel Compensation Comprised

Key management personnel compensation comprised the following:

 

kEUR

  2025   2024   2023 
Short-term employee benefits   1,891    1,800    2,001 
Termination benefits   227    -    - 
Share-based payments   2,121    3,310    1,509 
Total   4,239    5,110    3,510