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Taxes on Income (Tables)

12 Months Ended

Dec. 31, 2023

Taxes on Income [Abstract]

Schedule of Composition of Income Tax Benefit (Taxes on Income)

B.Composition of income tax benefit (taxes on income):

		For the year ended December 31
		2023				*2022				*2021
		€ in thousands
Current tax expense
Current year			(932	)			(1,826	)			(977	)
			(932	)			(1,826	)			(977	)
Deferred tax income
Creation and reversal of temporary differences			1,655				174				3,513
Adjustments for prior years, net			713				-				-
			2,368				174				3,513

Tax benefit (taxes on income)			1,436				(1,652	)			2,536

*	Reclassified due to discontinued operation - see Note 23.

Schedule of Theoretical Tax on the Pre-Tax Profit and the Tax Expense

C.Reconciliation between the theoretical tax on the pre-tax profit and the tax expense:

		2023				*2022				*2021
		€ in thousands
Profit (loss) before taxes on income			976				1,081				(22,935	)
Primary tax rate of the Company			23	%			23	%			23	%
Tax benefit (tax expenses) calculated according to the Company’s primary tax rate			(224	)			(249	)			5,275

Additional tax saving in respect of:
Different tax rate of foreign subsidiaries			(72	)			(488	)			(40	)
Neutralization of tax calculated in respect of the Company’s share in profits of equity accounted investees			994				277				27
Difference between measurement basis of income (expenses) for tax purposes and measurement basis of income (expenses) for financial reporting purposes			(47	)			(706	)			-
Changes in deferred taxes for tax losses and benefits from previous years for which deferred taxes were not created in the past			713				282				-
Utilization of tax losses and benefits from prior years for which deferred taxes were not created			1,363				566				-
Change in temporary differences for which deferred tax were not recognized			106				-				51
Current year tax losses and benefits for which deferred taxes were not created			(1,275	)			(1,199	)			(2,770	)
Permanent differences			(122	)			(135	)			(7	)
Actual tax benefit (taxes on income)			1,436				(1,652	)			2,536

*

Reclassified due to discontinued operation - see Note 23.

Schedule of Deferred Taxes

Deferred taxes:

		Financial				Fixed assets and				Swap				Carry- forward taxdeductions
		assets				leases				contract				and losses				Total
		€ in thousands
Balance of deferred tax asset (liability) as at January 1, 2023			(3,642	)			(2,124	)			14,944				7,562				16,740
Changes recognized in profit or loss			690				774				-				1,594				3,058
Changes recognized in other comprehensive income			235				-				(16,589	)			-				(16,354	)
Transfer to disposal groups held for sale (see Note 23)			2,717				-				-				-				2,717
Balance of deferred tax asset (liability) as at December 31, 2023			-				(1,350	)			(1,645	)			9,156				6,161

		Financial				Fixed assets and				Swap				Carry- forward taxdeductions
		assets				leases				contract				and losses				Total
		€ in thousands
Balance of deferred tax asset (liability) as at January 1, 2022			(6,964	)			(1,555	)			5,400				7,027				3,908
Changes recognized in profit or loss			3,065				(569	)			-				538				3,034
Changes recognized in other comprehensive income			257				-				9,544				(3	)			9,798
Balance of deferred tax asset (liability) as at December 31, 2022			(3,642	)			(2,124	)			14,944				7,562				16,740