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v3.24.1

INTANGIBLE ASSETS (Details) - EUR (€) € in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2023 | Dec. 31, 2022
INTANGIBLE ASSETS |  |
Beginning balance | € 41,705 |
Ending balance | 38,133 | € 41,705
Selling, general and administrative expenses |  |
INTANGIBLE ASSETS |  |
Amortization | 12,147 | 7,981
Cost |  |
INTANGIBLE ASSETS |  |
Beginning balance | 58,562 | 39,749
Additions | 9,391 | 7,377
Acquired through business combination (Note 6) |  | 10,298
Effect of movement in exchange rates | (1,057) | 1,138
Ending balance | 66,896 | 58,562
Accumulated Amortization |  |
INTANGIBLE ASSETS |  |
Beginning balance | (16,857) | (8,904)
Additions | (12,147) | (7,981)
Effect of movement in exchange rates | 241 | 28
Ending balance | (28,763) | (16,857)
Intellectual Property |  |
INTANGIBLE ASSETS |  |
Beginning balance | 11,611 |
Ending balance | 9,651 | 11,611
Intellectual Property | Cost |  |
INTANGIBLE ASSETS |  |
Beginning balance | 17,722 | 15,223
Additions | 649 | 659
Acquired through business combination (Note 6) |  | 1,471
Effect of movement in exchange rates | (275) | 369
Ending balance | 18,096 | 17,722
Intellectual Property | Accumulated Amortization |  |
INTANGIBLE ASSETS |  |
Beginning balance | (6,111) | (3,890)
Additions | (2,484) | (2,238)
Effect of movement in exchange rates | 150 | 17
Ending balance | (8,445) | (6,111)
Deferred Development Costs |  |
INTANGIBLE ASSETS |  |
Beginning balance | 7,313 |
Ending balance | 10,325 | 7,313
Deferred Development Costs | Cost |  |
INTANGIBLE ASSETS |  |
Beginning balance | 12,881 | 6,186
Additions | 8,742 | 6,709
Effect of movement in exchange rates | (28) | (14)
Ending balance | 21,595 | 12,881
Deferred Development Costs | Accumulated Amortization |  |
INTANGIBLE ASSETS |  |
Beginning balance | (5,568) | (2,411)
Additions | (5,667) | (3,161)
Effect of movement in exchange rates | (35) | 4
Ending balance | (11,270) | (5,568)
Customer Relationships |  |
INTANGIBLE ASSETS |  |
Beginning balance | 21,123 |
Ending balance | 17,306 | 21,123
Customer Relationships | Cost |  |
INTANGIBLE ASSETS |  |
Beginning balance | 25,473 | 16,584
Acquired through business combination (Note 6) |  | 8,131
Effect of movement in exchange rates | (715) | 758
Ending balance | 24,758 | 25,473
Customer Relationships | Accumulated Amortization |  |
INTANGIBLE ASSETS |  |
Beginning balance | (4,350) | (2,166)
Additions | (3,238) | (2,186)
Effect of movement in exchange rates | 136 | 2
Ending balance | (7,452) | (4,350)
Brands |  |
INTANGIBLE ASSETS |  |
Beginning balance | 1,398 |
Ending balance | 718 | 1,398
Brands | Cost |  |
INTANGIBLE ASSETS |  |
Beginning balance | 2,177 | 1,692
Acquired through business combination (Note 6) |  | 462
Effect of movement in exchange rates | (29) | 23
Ending balance | 2,148 | 2,177
Brands | Accumulated Amortization |  |
INTANGIBLE ASSETS |  |
Beginning balance | (779) | (431)
Additions | (663) | (350)
Effect of movement in exchange rates | 12 | 2
Ending balance | (1,430) | (779)
Other |  |
INTANGIBLE ASSETS |  |
Beginning balance | 260 |
Ending balance | 133 | 260
Other | Cost |  |
INTANGIBLE ASSETS |  |
Beginning balance | 309 | 64
Additions |  | 9
Acquired through business combination (Note 6) |  | 234
Effect of movement in exchange rates | (10) | 2
Ending balance | 299 | 309
Other | Accumulated Amortization |  |
INTANGIBLE ASSETS |  |
Beginning balance | (49) | (6)
Additions | (95) | (46)
Effect of movement in exchange rates | (22) | 3
Ending balance | € (166) | € (49)

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