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Trade payables and accruals
12 Months Ended
Dec. 31, 2022
Trade and other payables [abstract]  
Trade payables and accruals Trade payables and accruals
Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. Trade payables are recognized initially at fair value. Short-term trade payables are subsequently measured at the repayment amount.
Trade payables and accruals include the following:
In € thousandAs at December 31,

20222021
Trade payables14,505 16,035 
Accrued expenses26,986 52,084 
BALANCE AS AT DECEMBER 3141,491 68,119 
Less non-current portion— — 
CURRENT PORTION41,491 68,119 
The carrying amounts of trade and other payables are considered to be the same as their fair values, due to their short-term nature.