5.25 Trade payables and accruals Trade payables and accruals include the following: | | | | | | | | | | | Year ended December 31 | | in € thousand | 2025 | 2024 | | Trade payables | 9,074 | | 12,639 | | | Accrued expenses | 15,466 | | 22,883 | | | | TOTAL | 24,540 | | 35,522 | | | Less non-current portion | — | | — | | | | CURRENT PORTION | 24,540 | | 35,522 | | |
The carrying amounts of trade and other payables are considered to be the same as their fair values, due to their short-term nature. All trade payables and accruals are current.
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