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FINANCIAL RESULT (Tables)
12 Months Ended
Dec. 31, 2025
FINANCIAL RESULT  
Schedule of financial result

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​

​

​

​

​

​

​

in € thousand

  ​ ​ ​

2025

  ​ ​ ​

2024

  ​ ​ ​

2023

Finance income

 

66

 

1,888

 

19,685

thereof fair value changes of warrants

 

—

 

1,028

 

—

thereof interest income and similar proceeds

 

66

 

860

 

3,883

thereof gain from loan extinguishment

 

—

 

—

 

15,802

Finance expenses

 

(72,244)

 

(5,712)

 

(10,091)

thereof fair value changes of warrants and derivatives

​

(25,920)

​

—

​

—

thereof modification loss XJ Harbour Set-off agreement

​

(34,337)

​

—

​

—

thereof change in estimate XJ host liability

​

(8,451)

​

​

​

​

thereof interest portion of lease payments

 

(585)

 

(641)

 

(103)

thereof interest expense

 

(2,951)

 

(5,071)

 

(9,988)

Financial result

 

(72,178)

 

(3,824)

 

9,594