General and administrative expenses

6 Months Ended

Jun. 30, 2024

Disclosure Of Detailed Information General And Administrative Expenses [Abstract]

General and administrative expenses

4. General and administrative expenses

	For the three months ended June 30,						For the six months ended June 30,
	2024			2023			2024			2023
	€			€			€			€
Personnel expenses (Note 5)		(4,407,998	)		(3,434,343	)		(7,678,193	)		(6,735,927	)
Professional fees		(2,155,727	)		(1,294,705	)		(3,332,956	)		(2,177,175	)
Facilities, communication & office expenses		(1,466,955	)		(1,419,334	)		(3,147,222	)		(2,910,607	)
Accounting, tax and auditing fees		(850,599	)		(537,961	)		(2,104,685	)		(897,314	)
Consulting fees		(732,951	)		(126,447	)		(859,476	)		(304,316	)
Travel expenses		(399,111	)		(455,717	)		(1,023,140	)		(778,450	)
Other expenses		(1,300,726	)		(504,923	)		(2,967,238	)		(1,301,237	)
		(11,314,067	)		(7,773,430	)		(21,112,910	)		(15,105,026	)

Since 2022, the Group entered into a number of short-term rental arrangements, the expenses are included in "Other expenses".

Depreciation expense in the six months ended June 30, 2024 and 2023 was €0.1 million and €0.1 million, respectively, which related to property, plant and equipment and leases and is included in the 'Other expenses' line.