Take a look at our previous reports:

Consolidated Statements of Income and
Comprehensive Income/Loss (-)

Consolidated income statement

 

Year ended December 31

 

(thousands of €, except per share data)

2025

2024

Notes

Supply revenues

29,924

34,863

7

Collaboration revenues

1,082,324

240,786

7

Total net revenues

1,112,248

275,649

 

 

 

 

 

Cost of sales

(29,736)

(34,863)

 

Research and development expenses

(459,421)

(335,459)

8

Sales and marketing expenses

(6,100)

(17,193)

8

General and administrative expenses

(147,333)

(117,245)

8

Impairment of the cell therapy activities

(228,112)

8

Other operating income

53,493

40,773

8

 

 

 

 

Operating profit/loss (-)

295,039

(188,338)

 

 

 

 

 

Fair value adjustments and net currency exchange differences

(39,356)

95,795

10

Other financial income

48,051

91,128

10

Other financial expenses

(2,863)

(1,670)

10

 

 

 

 

Profit/loss (-) before tax

300,871

(3,085)

 

 

 

 

 

Income taxes

18,621

1,803

11

 

 

 

 

Net profit/loss (-) from continuing operations

319,492

(1,282)

 

 

 

 

Net profit from discontinued operations, net of tax

1,392

75,364

5

 

 

 

 

Net profit

320,884

74,082

 

 

 

 

 

Net profit attributable to:

 

Owners of the parent

320,884

74,082

 

Basic and diluted earnings per share

4.87

1.12

12

Basic and diluted earnings/loss (-) per share from continuing operations

4.85

(0.02)

 

The accompanying notes form an integral part of these financial statements.

Consolidated statement of comprehensive income / loss (-)

 

Year ended December 31

 

(thousands of €)

2025

2024

Notes

Net profit

320,884

74,082

 

Items that will not be reclassified subsequently to profit or loss:

 

 

 

Re-measurement of defined benefit obligation

653

246

24

Fair value adjustment financial assets held at fair value through other comprehensive income

(6,132)

2,486

24

Items that may be reclassified subsequently to profit or loss:

 

 

 

Translation differences, arisen from translating foreign activities

(475)

578

 

Realization of translation differences upon sale of foreign operations

4,095

 

 

 

 

 

Other comprehensive income/loss (-), net of income tax

(5,954)

7,405

 

 

 

 

 

Total comprehensive income attributable to:

 

 

 

Owners of the parent

314,930

81,487

 

 

 

 

 

Total comprehensive income attributable to owners of the parent arises from:

 

 

 

Continuing operations

313,538

1,764

 

Discontinued operations

1,392

79,723

 

Total comprehensive income, net of income tax

314,930

81,487

 

The accompanying notes form an integral part of these financial statements.