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Cash and Cash Equivalents
 12 Months Ended
Dec. 31, 2023
Cash and cash equivalents [abstract]  
Cash and Cash Equivalents CASH AND CASH EQUIVALENTS
The main components of cash equivalents were:
•UCITS and interest-bearing current accounts, available immediately;
•Term accounts, available within the contractual maturities or by the way of early exit with no penalty; and
•Negotiable medium-term notes, available with a quarterly maturity or by the way of early exit with no penalty.
These investments, summarized in the tables below, are short-term, highly liquid and subject to insignificant risk of changes in value.
Cash and cash equivalentsAs of
(in € thousands)2022/12/312023/12/31
Short-term deposits119,090 67,530 
Cash on hand and bank accounts16,910 10,258 
TOTAL 136,001 77,789 
Short-term depositsAs of
(in € thousands)2022/12/312023/12/31
TERM ACCOUNTS119,090 67,530 
TOTAL 119,090 67,530 
Cash and cash equivalents CASH AND CASH EQUIVALENTS
Cash and cash equivalents comprise cash on hand, bank accounts and term deposits, together with short-term deposits and highly liquid investments. They are readily convertible to a known amount of cash and thus present a negligible risk of a change in value. They also include Undertakings for Collective Investments in Transferable Securities (UCITs) whose characteristics allow them to be classified as cash and cash equivalents.
Initially recognized at their purchase cost at the transaction date, investments are subsequently measured at fair value. Changes in fair value are recognized in net financial income (expenses).