| Schedule of reconciliation of changes in property and equipment |
| | | | | | | | | | | Construction | | Leasehold | | Other fixed assets and | | Total property and | (in € thousands) | | in progress | | improvements | | office equipment | | equipment | Cost | | | | | | | | | As of July 1, 2023 | | 26,873 | | 11,608 | | 17,742 | | 56,223 | Additions | | 5,445 | | 1,789 | | 5,224 | | 12,459 | Transfer | | (31,909) | | 5,139 | | 26,770 | | — | Disposals | | (409) | | (321) | | (64) | | (794) | As of June 30, 2024 | | 0 | | 18,215 | | 49,672 | | 67,888 | | | | | | | | | | Accumulated depreciation and impairment | | | | | | | | | As of July 1, 2023 | | — | | 6,995 | | 12,001 | | 18,996 | Depreciation charge of the year | | — | | 1,055 | | 4,183 | | 5,238 | As of June 30, 2024 | | — | | 8,050 | | 16,184 | | 24,234 | | | | | | | | | | Carrying amount | | | | | | | | | As of July 1, 2023 | | 26,873 | | 4,614 | | 5,740 | | 37,227 | As of June 30, 2024 | | 0 | | 10,166 | | 33,487 | | 43,653 | | | | | | | | | | Cost | | | | | | | | | As of July 1, 2024 | | 0 | | 18,215 | | 49,672 | | 67,888 | Additions through business combination | | 360 | | 2,547 | | 17,086 | | 19,993 | Additions | | 843 | | 590 | | 1,462 | | 2,895 | Transfer | | (1,012) | | (670) | | 1,682 | | — | Disposals | | — | | (50) | | (7,997) | | (8,047) | Currency Translation | | (12) | | (39) | | 45 | | (6) | As of June 30, 2025 | | 180 | | 20,593 | | 61,950 | | 82,723 | | | | | | | | | | Accumulated depreciation and impairment | | | | | | | | | As of July 1, 2024 | | — | | 8,050 | | 16,184 | | 24,234 | Depreciation charge of the year | | — | | 1,322 | | 6,183 | | 7,505 | Impairment losses | | | | 2,332 | | 739 | | 3,071 | Disposals | | — | | — | | (7,988) | | (7,988) | As of June 30, 2025 | | — | | 11,704 | | 15,117 | | 26,821 | | | | | | | | | | Carrying amount | | | | | | | | | As of July 1, 2024 | | 0 | | 10,166 | | 33,487 | | 43,653 | As of June 30, 2025 | | 180 | | 8,889 | | 46,832 | | 55,901 |
|