Income Taxes (Tables)

12 Months Ended

Dec. 31, 2018

Income Taxes

Schedule of calculation tax charge

	2018		2017		2016
	(€ in thousands)
Income tax based on domestic rate	9,106		10,918		9,776
Tax effect of:
Non-deductible expenses	(818)		(634)		(622)
Deductible expenses	1,448		—		—
Tax incentives	—		—		(46)
Current year losses for which no deferred tax asset was recognized	(9,710)		(10,257)		(9,045)
Change in unrecognized deductible temporary differences	(25)		(25)		(63)
Income tax charge	1		2		—
Effective tax rate	—	%	—	%	—	%