v3.25.1

Financial risk management (Tables)

12 Months Ended

Dec. 31, 2024

Financial risk management

Disclosure of categories of material financial assets and liabilities

​

​	​	​	​	​	​	​	​	​	​	​	​
​	​	December 31,								​	​
​		2024			2023			2022			Notes
​	​	(Euro, in thousands)								​	​
Financial assets held at fair value through other comprehensive income	​	​	​	​	​	​	​	​	​	​	​
Equity instruments	​	€	52,941	​	€	—	​	€	—	​	16
​	​	​	​	​	​	​	​	​	​	​	​
Financial assets held at fair value through profit or loss	​	​	​	​	​	​	​	​	​	​	​
Equity instruments	​	​	—	​	​	13,575	​	​	—	​	16
Contingent consideration receivable	​	​	47,207	​	​	—	​	​	—	​	5
Financial investments	​	​	1,484,599	​	​	1,316,805	​	​	1,292,514	​	21
Financial assets at amortized cost	​	​	​	​	​	​	​	​	​	​	​
Financial investments	​	​	1,768,917	​	​	2,200,893	​	​	2,293,431	​	21
Escrow account	​	​	41,163	​	​	—	​	​	—	​	5
Cash and cash equivalents	​	​	64,239	​	​	166,803	​	​	508,117	​	22
Restricted cash (current and non-current)	​	​	1,985	​	​	5,533	​	​	4,569	​	17
Other non-current assets	​	​	1,266	​	​	318	​	​	1,209	​	17
Trade receivables	​	​	32,471	​	​	17,494	​	​	28,194	​	20
Total financial assets	​	€	3,494,788	​	€	3,721,421	​	€	4,128,033	​	​
​	​	​	​	​	​	​	​	​	​	​	​
Financial liabilities held at fair value through profit or loss	​	​	​	​	​	​	​	​	​	​	​
Current financial instruments	​	€	5	​	€	—	​	€	19	​	26
Current contingent consideration related to milestones CellPoint	​	​	—	​	​	—	​	​	8,485	​	26
Non-current contingent consideration related to milestones CellPoint	​	​	20,576	​	​	20,972	​	​	13,582	​	26
Financial liabilities at amortized cost	​	​	​	​	​	​	​	​	​	​	​
Trade liabilities	​	​	64,230	​	​	87,966	​	​	68,928	​	26
Lease liabilities	​	​	11,722	​	​	9,596	​	​	21,901	​	25
Current deferred consideration payable CellPoint	​	​	—	​	​	—	​	​	6,222	​	26
Total financial liabilities	​	€	96,533	​	€	118,534	​	€	119,137	​	​

Disclosure of aging balance of receivables

​

​	​	​	​	​	​	​	​	​	​
​	​	December 31,
​		2024			2023			2022
​	​	(Euro, in thousands)
60 - 90 days	​	€	552	​	€	3	​	€	424
90 - 120 days	​	​	24	​	​	3	​	​	208
more than 120 days	​	€	19	​	€	117	​	€	473

Foreign exchange risk

Financial risk management

Disclosure of sensitivity of exchange rate risk

​

​	​	​	​	​	​	​	​	​	​
​	​	December 31,
​		2024			2023			2022
Net book value	​	(Euro, in thousands)
Increase in Euros - U.S. Dollars	​	€	(70,387)	​	€	(78,013)	​	€	(85,140)
Increase in Euros - GB Pounds	​	​	31	​	​	666	​	​	960
Increase in Euros - CH Francs	​	​	280	​	​	385	​	​	557

X

- Definition

The disclosure of the credit risk exposure. Credit risk exposure is the credit risk inherent in an entity’s financial assets and commitments to extend credit.

+ References

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- Definition

The disclosure of the fair value of financial instruments. [Refer: Classes of financial instruments [domain]; At fair value [member]]

+ References

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The disclosure of the sensitivity analysis for types of market risk to which the entity is exposed, showing how profit or loss and equity would have been affected by changes in the relevant risk variable that were reasonably possible at that date. [Refer: Market risk [member]]

+ References

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