Annual and transition report of foreign private issuers [Sections 13 or 15(d)]

Related-party transactions (Tables)

v3.25.1
Related-party transactions (Tables)
12 Months Ended
Dec. 31, 2024
Disclosure of transactions between related parties [abstract]  
Summary Of Transactions Between Related Parties
36.1. Transactions with related parties
(in €‘000) Relationship 2024 2023 2022
Madeleine Charging B.V. Immediate
parent entity
Interest expenses on shareholder loans —  —  1,743 
Reimbursement of advisory fees —  —  953 
Share-based payment expenses —  —  74,001 
Meridiam Europe IV A S.A.S. Other related party
Convertible debt 150,000  —  — 
Interest expense on convertible debt 230  —  — 
Mega-E Group (Mega-E Charging B.V. and its subsidiaries) Other related party
Revenue from contracts with related party —  —  1,066 
EV Cars Other related party
Revenue from contracts with related party 9,734  15,585  51,424 
Meridiam Faolan EV Cars GmbH & Co. KG Other related party
Revenue from contracts with related party 43,199  —  — 
Voltalis Other related party
Revenue from contracts with related party 5,455  5,455  2,268 
Fair value losses on pref. shares derivatives and net loss on sale of pref. shares derivatives —  —  69 
Executive Board Member Key management
Other payments —  —  4,740 
36.2. Balances with related parties
At December 31, 2024 and 2023, the Group held the following balances with related parties:
(in €‘000) Relationship December 31,
2024
December 31,
2023
Meridiam Europe IV A S.A.S. Other related party
Convertible debt (150,000) — 
Interest payable on convertible debt (229) — 
EV Cars Other related party
Contract assets with related party —  — 
Contract liabilities with related party (7,883) (6,241)
Trade receivables from related party 5,896  7,178 
Trade payable to related party (727) (220)
Meridiam Faolan EV Cars GmbH & Co. KG Other related party
Contract assets with related party —  — 
Contract liabilities with related party (14,500) — 
Trade receivables from related party 1,084  — 
Trade payable to related party (677) — 
Voltalis Other related party
Current receivables from related party 1,637  — 
Summary Of Information About Key Management Personnel
The following remuneration of key management personnel was recognized as an expense in the consolidated statement of profit or loss for the years ended December 31, 2024, 2023 and 2022:
(in €‘000) 2024 2023 2022
Short-term employee benefits 1,702  3,210  5,262 
Share-based payments (8,645) 14,422  41,230 
Total (6,943) 17,632  46,492