Movement in own shares concerns the sale of shares held by the company itself to cover employee participation plans, plus or minus changes in shareholders\u2019 equity relating to the recognition of liabilities under IFRS 2 regarding these employee participation plans.
| \n Share-based remuneration reserve1 | \n \n 2025 | \n \n | \n\n 2024 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Bonus depositary receipts | \n \n 603 | \n \n | \n\n 627 | \n
| \n 10% purchase discount | \n \n 145 | \n \n | \n\n 139 | \n
| \n LTI Board of Directors | \n \n 146 | \n \n | \n\n - | \n
| \n NAPP reserve | \n \n 1,958 | \n \n | \n\n - | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Total | \n \n 2,852 | \n \n | \n\n 766 | \n
| \n Legal and statutory reserves | \n \n 2025 | \n \n | \n\n 2024 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Capitalized development costs | \n \n 5,174 | \n \n | \n\n 4,804 | \n
| \n Exchange differences | \n \n -901 | \n \n | \n\n 280 | \n
| \n Result from participations not freely distributable | \n \n 12 | \n \n | \n\n 12 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Total | \n \n 4,285 | \n \n | \n\n 5,096 | \n
| \n Share-based remuneration reserve1 | \n \n 2025 | \n \n | \n\n 2024 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Bonus depositary receipts | \n \n 603 | \n \n | \n\n 627 | \n
| \n 10% purchase discount | \n \n 145 | \n \n | \n\n 139 | \n
| \n LTI Board of Directors | \n \n 146 | \n \n | \n\n - | \n
| \n NAPP reserve | \n \n 1,958 | \n \n | \n\n - | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Total | \n \n 2,852 | \n \n | \n\n 766 | \n
The costs of share-based remuneration recognized in accordance with IFRS 2 consist of:
A 10% purchase discount that is charged to the result for the financial year in full.\u00a0Costs of bonus depositary receipts are charged to the profit or loss account over a period of five years. Combined, these costs amount to\u00a0\u20ac506 in the financial year (in 2024: \u20ac442).
Costs of remuneration that must be invested in depositary receipts in full (NAPP): \u20ac1,958 (in 2024: \u20ac0).
Costs for the Board of Directors\u2019 Long-Term Incentive plan: \u20ac146 (in 2024: N/A).
The fair value (in \u20ac x 1) of bonus and NAPP depositary receipts awarded in the financial year is \u20ac53.95 (in 2024: \u20ac56.52).
Costs for which a purchase discount and bonus depositary receipts are recognized are included under other personnel costs, while other costs are recognized as wages and salaries. Of these costs, \u20ac205 relates to the 2025 financial year (in 2024: \u20ac197); the remaining costs represent a roll-forward of amounts arising from prior years.
The part of the remuneration payable under the NAPP and employee participation plan that is settled through the legal entity\u2019s equity instruments has been\u00a0added to the share-based remuneration reserve. For two subsidiaries, it has been decided to not deliver this remuneration in the form of depositary receipts.\u00a0For these entities, share-based remuneration will be settled using cash and cash equivalents. This liability has been recognized at fair value under 'Trade and other payables'.
Up to and including the 2024 financial year, the members of the Board of Directors were required to invest at least 50% of their variable remuneration in the Stichting Medewerkerparticipatie Nedap in exchange for Nedap depositary receipts. The depositary receipts are locked up for a period of five years. The requirement to invest no longer applies from 2025 onward. Depositary receipts acquired prior to 2025 remain subject to their original lock-up periods.
The benefits offered by the Employee Participation Plan are the 10% purchase discount on the depositary receipts and entitlement to bonus depositary receipts (after four years).
The members of the Board of Directors have used their variable remuneration for the financial year as follows for the purchase of depositary receipts (the plan is no longer available to the Board of Directors from 2025 onward):
| \n | \n\n 2025 | \n \n | \n\n 2024 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Mr. R. M. Wegman | \n \n - | \n \n | \n\n 100% | \n
| \n Mr. R. Schuurman | \n \n - | \n \n | \n\n 100% | \n
| \n Ms. H. P. J. M. Jans | \n \n - | \n \n | \n\n - | \n
| \n Ms. D. van der Sluijs | \n \n - | \n \n | \n\n 75% | \n
The Long-Term Incentive (LTI) plan for the Board of Directors is designed to promote sustainable long-term value creation and to align the interests of directors with those of shareholders. The LTI takes the form of a Performance Share Unit (PSU) plan, under which conditional performance shares are granted annually. The on-target value of the LTI award amounts to 50% of fixed annual income, with a maximum opportunity of 75%, depending on performance. Vesting is subject to the achievement of predefined performance criteria measured over a three-year performance period (2025\u20132027). These criteria comprise sales growth within key markets (40%), earnings per share growth (35%) and ESG objectives (25%), reflecting Nedap\u2019s strategic, financial and sustainability priorities. For each criterion, vesting ranges from 0% below threshold to a maximum of 150% at outstanding performance. Shares that vest after the three-year performance period are subject to a subsequent two-year holding period, during which members of the Board of Directors are required to retain the shares, except for those sold to meet tax and social security obligations. This structure reinforces a long-term focus and supports sustained value creation for the company.
| \n 2025 | \n \n Basic salary as of 31/12 (\u20ac x 1,000) | \n \n | \n\n Award value | \n \n | \n\n Share price | \n \n | \n\n Granted PSUs | \n \n | \n\n Fair value | \n \n | \n\n Costs (\u20ac x 1,000) | \n
|---|---|---|---|---|---|---|---|---|---|---|---|
| \n Total | \n \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n 146 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Mr. R. M. Wegman | \n \n 496 | \n \n | \n\n 50% | \n \n | \n\n 62.40 | \n \n | \n\n 3,977 | \n \n | \n\n 53.77 | \n \n | \n\n 71 | \n
| \n Mr. R. Schuurman | \n \n 350 | \n \n | \n\n 50% | \n \n | \n\n 62.40 | \n \n | \n\n 2,805 | \n \n | \n\n 53.77 | \n \n | \n\n 50 | \n
| \n Ms. H. P. J. M. Jans | \n \n 345 | \n \n | \n\n 50% | \n \n | \n\n 62.40 | \n \n | \n\n 1,382 | \n \n | \n\n 53.77 | \n \n | \n\n 25 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
The number of conditionally granted performance shares under the LTI plan is determined by reference to the average Nedap share price over the five trading days immediately preceding the grant date. The fair value of the granted performance share units is determined at grant date in accordance with applicable accounting standards. In calculating the fair value, an adjustment is applied to reflect the absence of dividend entitlement during the vesting and holding periods. This adjustment is based on a discount equal to the average dividend yield of Nedap shares over the past five years.
In 2025, no PSUs vested or were forfeited.
\n| \n | \n\n Shares and depositary receipts held as of year-end | \n \n | \n\n Bonus depositary receipts not yet awarded as of year-end | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n 2025 | \n \n | \n\n | \n\n | \n
| \n Mr. R. M. Wegman | \n \n 55,069 | \n \n | \n\n 2,764 | \n
| \n Mr. R. Schuurman | \n \n 10,426 | \n \n | \n\n 1,463 | \n
| \n Ms. H. P. J. M. Jans | \n \n - | \n \n | \n\n - | \n
| \n Ms. D. van der Sluijs | \n \n 8,184 | \n \n | \n\n - | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Total | \n \n 73,679 | \n \n | \n\n 4,227 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n 2024 | \n \n | \n\n | \n\n | \n
| \n Mr. R. M. Wegman | \n \n 51,608 | \n \n | \n\n 2,817 | \n
| \n Ms. D. van der Sluijs | \n \n 6,469 | \n \n | \n\n 1,618 | \n
| \n Mr. R. Schuurman | \n \n 8,592 | \n \n | \n\n 1,182 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Total | \n \n 66,669 | \n \n | \n\n 5,617 | \n
Nedap has not granted the Supervisory Board any rights to acquire Nedap depositary receipts.
The company has not granted the Board of Directors or Supervisory Board members any loans or guarantees. Further details of the remuneration policy are provided in the Governance & Risk chapter of this report.
", "dimensions": { "concept": "ifrs-full:DisclosureOfSharebasedPaymentArrangementsExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5595m4059p": { "value": "Dividend per share (\u20ac x 1) for the 2025 financial year has been set at \u20ac3.70\u00a0(in 2024:\u00a0\u20ac3.20).
", "dimensions": { "concept": "ifrs-full:DisclosureOfDividendsExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5465m4152p": { "value": "3.7", "decimals": 2, "dimensions": { "concept": "ifrs-full:DividendsProposedOrDeclaredBeforeFinancialStatementsAuthorisedForIssueButNotRecognisedAsDistributionToOwnersPerShare", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00", "unit": "iso4217:EUR/xbrli:shares" } }, "f5464m4151p": { "value": "3.2", "decimals": 2, "dimensions": { "concept": "ifrs-full:DividendsRecognisedAsDistributionsToOwnersPerShare", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00", "unit": "iso4217:EUR/xbrli:shares" } }, "f5437m4133p": { "value": "\nThe financial statements are presented in euros, which is Nedap\u2019s functional and presentational currency. Profits or losses and financial positions of consolidated companies in a functional currency other than the euro are converted to euros as follows: assets and liabilities are converted at the exchange rate as of the balance sheet date, and income and costs are converted at the average exchange rate. Exchange differences on participations are added or charged to the statutory reserves via other comprehensive income.
Transactions in foreign currencies are converted into the functional currency at the exchange rate on the transaction date. Profits and losses arising as a result of the settlement of such transactions are recognized in the statement of profit or loss.
\nRegular purchases and sales of financial assets are entered on the transaction date. Financial assets are no longer recognized on the balance sheet when rights to receive cash flows from the financial assets have either expired or been transferred, and the group has transferred virtually all risks and benefits of ownership.
\nNon-derivative financial instruments are loans receivable, trade and other receivables, cash and cash equivalents, borrowings and trade and other payables, excluding projects in progress. On initial recognition, non-derivative financial instruments are recognized at fair value, with directly attributable transaction costs included on initial recognition. After initial recognition, non-derivative financial instruments (excluding cash and cash equivalents) are recognized at amortized cost less expected credit losses.
Profits or losses ensuing from changes in the measurement of these instruments are recognized in the statement of profit or loss under other operating costs.
\nIntangible fixed assets, including capitalized development costs and assets in progress and prepayments, are recognized at historical cost less accumulated amortization and impairment losses.
\nCosts relating to research activities are recognized in the statement of profit or loss at the time of occurring.
\nAny development costs for which future economic benefits can reliably be estimated, that can be reliably measured and that were not incurred for the maintenance of an existing product or adaptation to suit new market circumstances are capitalized.
All other development costs are recognized in the statement of profit or loss at the time of occurring. The recognized value of capitalized development costs consists of external and directly attributable internal costs and overheads. Capitalized projects are technically feasible and Nedap intends to implement them. Nedap has access to (or is able to obtain) sufficient technical, financial and other resources to finalize and market the products it has developed.
\nGovernment grants are credited to the statement of profit or loss when there is reasonable certainty that the government grant will be received and that the group will be able to meet all associated conditions. Pending government grants to which Nedap can lay claim are recognized on the balance sheet under trade and other receivables. If the government grant relates to the purchase, manufacturing or creation of an asset, the government grant is deducted from the asset in question.
\nCapitalized development costs are amortized on a straight-line basis. The amortization rate varies between 12.5% and 20.0%.
\nSoftware and licenses acquired are recognized at historical cost less accumulated amortization and impairments. Amortization is applied on a straight-line basis over the estimated economic life. The amortization rate varies between 12.5% and 20.0%.
\nTangible fixed assets purchased or manufactured are recognized at historical cost less accumulated depreciation and impairment.
Costs of tangible fixed assets are capitalized as 'in progress' under tangible fixed assets when they are not yet ready to be commissioned. As soon as the asset has been completed, it will be included in the asset category that corresponds to the asset. The recognized value of assets manufactured in-house consists of external costs and directly attributable internal costs and overheads. Tangible fixed assets are classified as 'assets held for sale' provided assets are indeed available for immediate sales and are highly likely to be sold. Available-for-sale tangible fixed assets are recognized at book value or lower fair value, less selling costs. Available-for-sale tangible fixed assets are not depreciated.
\nDepreciation of tangible fixed assets is applied on a straight-line basis over the estimated economic life. Land is not depreciated.
The annual depreciation rates are:
| \n Company buildings and premises | \n \n 3% to 10% | \n
| \n Machinery | \n \n 18% | \n
| \n Installations | \n \n 7% to 10% | \n
| \n Other equipment | \n \n 20% to 33% | \n
Depreciation rates are evaluated annually and adjusted if necessary.
\nLeases are recognized as a right-of-use asset and corresponding liability on the date on which the right-of-use asset is available to Nedap.
The lease terms differ per lease. They range from one to five years and reflect a term that is shorter than or equal to the useful life of the underlying asset.
Contracts can contain both lease and non-lease components. Nedap attributes the contract fee to the lease and non-lease components based on their relative autonomous prices.
Nedap has opted to treat lease and non-lease components as separate items. Non-lease components are mainly service-related services.
Assets and liabilities ensuing from a lease and recognized as lease components are initially measured at present value. After initial measurement at cost less any depreciation and any accumulated impairment losses, the right-of-use assets are, after initial recognition, corrected for any revaluation of the lease liability as a result of reassessments or lease modifications.
Lease liabilities include the net present value of the fixed lease payments and variable lease payments based on an index or price, initially measured using the index or price as it is on the lease commencement date.
Lease payments made under reasonably certain options for extension of the lease are also included in the measurement of the liability. In determining the lease term, the management factors in all information and circumstances that constitute economic incentives to exercise an extension option.
If any improvements made to the asset are expected to lead to significant residual value, it is generally reasonably certain that Nedap will choose to extend the lease. Otherwise, Nedap takes other factors into account, such as past lease terms and the costs and business disruptions that would be inevitable when replacing the leased asset.
Lease payments are factored in based on the imputed rate of interest in the lease. If that rate cannot be determined easily, which is generally the case for leases at Nedap, the lessee\u2019s incremental borrowing rate of interest is used, i.e. the rate at which the individual would have to pay interest to borrow the funds needed to acquire a similar-value right-of-use asset in a comparable economic environment with comparable conditions and guarantees.
Nedap is subject to possible future increases of variable lease payments based on an index or rate, which are not recognized in the lease liability until they become effective. When adjustments to lease payments based on an index or rate become effective, the lease liability is reassessed and adjusted to the right-of-use asset.
Lease payments are split up into right-of-use assets and financing costs. The financing costs are charged to the profit or loss for the lease period to generate a constant periodical interest rate for the remaining balance of the liability for each applicable period. Right-of-use assets are measured at cost, which is made up of:
The amount of the first measurement of lease liabilities;
All lease payments made on or before the commencement date, less lease benefits received;
Any initial direct costs; and
Acceptable restoration costs.
Right-of-use assets are generally depreciated on a straight-line basis over the lease term or the asset\u2019s service life, whichever is the shortest period. If Nedap is reasonably certain that it will exercise a purchase option, the right of use is depreciated over the useful life of the underlying asset.
Payments under short-term leases and all leases for low-value assets are recognized in the statement of profit or loss as a cost.\u00a0Short-term leases are leases with a lease term of 12 months or less. Low-value assets are assets with a new-for-old value of under \u20ac5,000.
\nDeferred tax assets relate to losses brought forward and temporary differences between the book value of assets and liabilities and the tax book values of these items. The liability method has been used for calculating deferred tax assets and liabilities. Deferred tax assets are calculated, for each fiscal entity, at the tax rates that are expected to apply when they are realized. Deferred tax assets are only recognized if it is likely that these can be realized. Deferred tax assets and liabilities are offset if there is a legally enforceable right to offset tax assets and liabilities and they relate to taxes levied by the tax authorities on the same taxable entity or on various tax entities, but are intended to settle offset current tax liabilities and assets or will realize their tax liabilities and assets simultaneously.
\nInventories are recognized at either cost or net realizable value, whichever is lower. Cost is determined based on the First-In-First-Out method (FIFO). Net realizable value is the estimated selling price less costs to be incurred. The cost of products in progress and Nedap-manufactured finished goods includes direct manufacturing costs, plus a mark-up for indirect manufacturing and purchasing costs. Inventories are revalued downward based on expected realizable value, provided this is lower than cost. These downward revaluations are applied based on age, sales projections, expected usage or a combination of the above.
\nCash and cash equivalents may include deposits held with banks that are available on demand, other short-term investments that are very liquid and have an original term of three months or shorter, and which can be converted immediately to specific cash amounts, while also involving negligible exposure to the risk of changes in value, as well as bank overdrafts or current-account receivables. Cash balances and current-account receivables are recognized under cash and cash equivalents in current assets, while bank overdrafts are recognized as bank overdrafts under current liabilities on the balance sheet.
\nThe book value of assets is reviewed mid-year and at year-end for any indication of impairment. If indications of impairment are found, impairment is recognized based on realizable value, which is either the direct realizable value or value in use, whichever is the highest. Impairment is recognized in the statement of profit or loss. If information or circumstances arise in a subsequent period that show that the value of the asset has increased, causing the impairment to fully or partially cease to apply, the impairment is revoked.
The book value of the asset is raised to the revised realizable value, albeit never beyond the book value that would have been recognized if impairment had not taken place. The increase is incorporated directly into the statement of profit or loss. Assets both in use and not yet in use are involved in determining impairment.
\nStatutory reserves are non-distributable reserves formed for the amount of development costs capitalized on the balance sheet, for exchange differences for participations and for the share in participations which cannot be freely obtained. Statutory reserves have also been included in the consolidated statement of changes in shareholders\u2019 equity to ensure reconciliation with the shareholders\u2019 equity as recognized in the company financial statements.
\nNedap operates two plans that give employees the option to invest in Nedap depositary receipts through Stichting Medewerkerparticipatie Nedap (subsequently referred to as 'the Stichting'): the Employee Participation Plan ('the Plan\u2019) and the Nedap Additional Participation Plan ('the NAPP').
The value of these plans is recognized as cost in the statement of profit or loss, while the amount charged to the profit or loss is recognized in the shareholders\u2019 equity, to the extent that share-based remuneration is settled through equity instruments of the legal entity. The part settled in cash and cash equivalents is recognized under liabilities. The total amount to recognize as cost is the fair value of the depositary receipts awarded without factoring in performance-related conditions. Over the period that such performance is delivered, the total amount to recognize as cost is charged to the profit or loss on a straight-line basis.
Since 2010, the Plan has offered Nedap N.V. employees the option to use part or all of their annual share in the profits to purchase Nedap depositary receipts. Besides the option to invest the amount of their share in the profits in the Stichting in exchange for depositary receipts,\u00a0business unit leaders are required to invest at least 50% of their variable remuneration in Nedap depositary receipts. This requirement also applied to the Board of Directors up to and including 2024. As from 2025, following the introduction of the Long-Term Incentive (LTI) plan, variable remuneration for the Board of Directors is structured through the LTI, which provides a long-term incentive by design.
After purchase, depositary receipts will be the unconditional property of the holder and they cannot be sold for a period of four years. The holder of the depositary receipt is immediately entitled to the full dividend per share. Besides the purchase discount, a bonus depositary receipt is awarded for every four depositary receipts after four years, provided certain conditions are met. Bonus depositary receipts entitle the holder to dividend from the moment they are awarded.
The value of the bonus depositary receipts has been derived from the Nedap share price on the Euronext Amsterdam stock exchange. This value is corrected for the dividends expected during the period of four years during which the depositary receipts are locked up.
In addition to the above-mentioned employee participation plans, Nedap introduced a Long-Term Incentive plan for the Board of Directors with effect from 2025. The LTI qualifies as share-based remuneration and is accounted for in accordance with applicable accounting standards for equity-settled share-based payment arrangements. The fair value of the conditionally granted performance share units is determined at grant date and is recognized as an expense in the statement of profit or loss over the three-year vesting period, with a corresponding increase in equity. The expense recognized is adjusted for expected vesting based on the achievement of non-market performance conditions, while market-related conditions are reflected in the grant-date fair value and are not subsequently adjusted.
\nSince 1 January 2015, Nedap has had a defined-contribution pension plan for its employees. Liabilities are recognized as a cost in the statement of profit or loss in the period to which they relate. Administration of the scheme has been commissioned to a Premium Pension Institution (PPI). Nedap has no other liabilities relating to the extent of the target pension or indexations other than the contributions payable.
\nDeferred tax liabilities arise from temporary differences between the book value of assets and liabilities and the tax book values of these items. The liability method has been used for calculating deferred tax assets and liabilities. Deferred tax liabilities are calculated, for each fiscal entity, at the tax rates that are expected to apply when they are settled. Deferred tax assets and liabilities are offset if there is a legally enforceable right to offset tax assets and liabilities and they relate to taxes levied by the tax authorities on the same taxable entity or on various tax entities but are intended to settle offset current tax liabilities and assets or will realize their tax liabilities and assets simultaneously.
\nProvisions for legal claims, service guarantees and obligations to repair are recognized when Nedap has incurred a legal or constructive obligation as a result of events in the past, it is likely that a disbursement of resources will be required to settle the obligation, and the amount can be estimated reliably. Provisions will not be made for future operating losses. Provisions are measured at the present value of the management\u2019s best estimate of the expenditure needed to settle the current obligation at the end of the reporting period, using a discount rate that is in line with current market rates.
\nThe guarantee provision is for claims made by customers under agreed guarantees. The term during which a customer can exercise this right varies between products. The measurement is determined based on estimated costs that are expected to ensue from current warranty obligations as of the balance sheet date. Aside from that, the provision may contain specific guarantee commitments.
\nA restructuring provision is recognized as soon as Nedap has approved a detailed and formal restructuring plan, and a start has been made on the restructuring or when it has been announced publicly. A provision is not made for future operating losses.
\nNedap\u2019s liability under other long-term employee benefits, the 12.5-year, 25-year and 40-year employment anniversary, concerns the amount of entitlements accrued by employees in exchange for their services over the reporting period and preceding periods.
These entitlements are discounted to determine the present value. Revaluations are incorporated into the profit or loss for the period in which they occur.
\nRevenue is based on transaction prices allocated to individual performance obligations, being either a distinct good or service or a series of distinct goods or services that are largely the same and showing the same pattern of transfer to a customer. Revenue from sales of goods and software related to these goods is recognized in the profit or loss upon transfer of the right of disposal of the goods or software by Nedap.
Revenue from software subscriptions (licenses) and services is recognized for each service or on a straight-line basis over the term of the contract. Licenses involve the granting of a right of access to Nedap\u2019s software as it is during the entire term of the license. If service contracts are invoiced in advance, these amounts are recognized on the balance sheet as amounts received in advance under 'trade and other payables'.
Commitments to accept returns of, or issue refunds for, products and/or services are limited to those products and/or services for which Nedap has issued a warranty and subject to all warranty conditions being met.
Nedap does not have any material costs for the acquisition of contracts with customers and rarely groups products and/or services together in contracts. Delivery obligations under contracts that Nedap enters into with its customers consist mainly of agreements on the customer\u2019s right to acquire products and/or services at the agreed price. Nedap\u2019s associated liability to provide these products and/or services is calculated upon fulfillment of this obligation.
Wherever separate, identifiable obligations exist for which a customer cannot be charged separately, revenue has been recognized in proportion to the fulfillment of these obligations. Price agreements between Nedap and its customers are, however, largely based on separately identifiable products and/or services, which are calculated and recognized as revenue on the date of delivery.
\nFinancing income and costs are interest received from third parties and interest paid to third parties and similar costs. Financing income and costs are recognized in the statement of profit or loss using the effective interest method.
\nTaxation on profit for the financial year comprises taxes payable and receivable for the reporting period and the movement in deferred taxation. Taxation on profit is recognized in the statement of profit or loss, unless it relates to items recognized directly in shareholders\u2019 equity, in which case the related taxation is also recognized in shareholders\u2019 equity. Taxation payable or offsettable over the reporting period consists of income tax on the taxable profit or loss, as calculated based on tax rates set by law, and corrections to taxation paid for previous financial years.
\nThe statement of cash flows is prepared using the indirect method. Cash flows in foreign currencies are converted at the exchange rates on the date of the cash flow or at average rates. Interest paid and received is included in cash flow from operating activities, while dividend paid to and received from shareholders is incorporated into cash flow from financing activities.
\nNedap\u2019s long-term policy focuses on creating solutions with sustainable meaning for customers, employees and shareholders. The company wishes to achieve this through growth in revenue and profits, based on the culture of expertise, creativity and entrepreneurship that it has built up over the past decades.
Achieving this objective not only requires know-how of technology and market conditions, but also an increasing degree of knowledge of the customer\u2019s business processes and applications that our solution is ultimately used in. The focus of activities on a customer or group of customers (business unit) is a significant condition for creating a genuinely distinctive and sustainable solution for our customers and their users, and thus also having sustainable meaning for our employees and shareholders. The technologies used in such solutions are closely related, so the business units often draw on each other\u2019s technological know-how, products, systems, production resources and market and user experience. This applies for all of Nedap\u2019s activities and business units. This exchange of know-how and resources, without financial settlement, is an ongoing and informal process and, therefore, a vital part of the entrepreneurial culture.
IFRS 8 requires the financial statements to present segment information that is in accordance with the internal information used by the directors to assess performance and allocate resources. Nedap N.V.\u2019s Board of Directors assesses the company\u2019s overall and each business unit\u2019s profit or loss and the performance of the business units mainly on the basis of its own observations, day-to-day communications with the business units and development and market prospects. Based on this, decisions are made, staff are allocated, and resources are made available. Nedap does not have separate segments as referred to in IFRS 8. The geographical distribution of tangible fixed assets, intangible fixed assets and revenue, and the breakdown of revenue into categories are disclosed in the financial statements as required by IFRS 8.
", "dimensions": { "concept": "ifrs-full:DisclosureOfMaterialAccountingPolicyInformationExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5359m4084p": { "value": "\nThe financial statements are presented in euros, which is Nedap\u2019s functional and presentational currency. Profits or losses and financial positions of consolidated companies in a functional currency other than the euro are converted to euros as follows: assets and liabilities are converted at the exchange rate as of the balance sheet date, and income and costs are converted at the average exchange rate. Exchange differences on participations are added or charged to the statutory reserves via other comprehensive income.
Transactions in foreign currencies are converted into the functional currency at the exchange rate on the transaction date. Profits and losses arising as a result of the settlement of such transactions are recognized in the statement of profit or loss.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForForeignCurrencyTranslationExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5330m4062p": { "value": "\nRegular purchases and sales of financial assets are entered on the transaction date. Financial assets are no longer recognized on the balance sheet when rights to receive cash flows from the financial assets have either expired or been transferred, and the group has transferred virtually all risks and benefits of ownership.
\nNon-derivative financial instruments are loans receivable, trade and other receivables, cash and cash equivalents, borrowings and trade and other payables, excluding projects in progress. On initial recognition, non-derivative financial instruments are recognized at fair value, with directly attributable transaction costs included on initial recognition. After initial recognition, non-derivative financial instruments (excluding cash and cash equivalents) are recognized at amortized cost less expected credit losses.
Profits or losses ensuing from changes in the measurement of these instruments are recognized in the statement of profit or loss under other operating costs.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinancialInstrumentsExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5346m4072p": { "value": "\nNon-derivative financial instruments are loans receivable, trade and other receivables, cash and cash equivalents, borrowings and trade and other payables, excluding projects in progress. On initial recognition, non-derivative financial instruments are recognized at fair value, with directly attributable transaction costs included on initial recognition. After initial recognition, non-derivative financial instruments (excluding cash and cash equivalents) are recognized at amortized cost less expected credit losses.
Profits or losses ensuing from changes in the measurement of these instruments are recognized in the statement of profit or loss under other operating costs.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForBorrowingsExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5347m4073p": { "value": "\nNon-derivative financial instruments are loans receivable, trade and other receivables, cash and cash equivalents, borrowings and trade and other payables, excluding projects in progress. On initial recognition, non-derivative financial instruments are recognized at fair value, with directly attributable transaction costs included on initial recognition. After initial recognition, non-derivative financial instruments (excluding cash and cash equivalents) are recognized at amortized cost less expected credit losses.
Profits or losses ensuing from changes in the measurement of these instruments are recognized in the statement of profit or loss under other operating costs.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherPayablesExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5348m4074p": { "value": "\nNon-derivative financial instruments are loans receivable, trade and other receivables, cash and cash equivalents, borrowings and trade and other payables, excluding projects in progress. On initial recognition, non-derivative financial instruments are recognized at fair value, with directly attributable transaction costs included on initial recognition. After initial recognition, non-derivative financial instruments (excluding cash and cash equivalents) are recognized at amortized cost less expected credit losses.
Profits or losses ensuing from changes in the measurement of these instruments are recognized in the statement of profit or loss under other operating costs.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForTradeAndOtherReceivablesExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5354m4079p": { "value": "\nIntangible fixed assets, including capitalized development costs and assets in progress and prepayments, are recognized at historical cost less accumulated amortization and impairment losses.
\nCosts relating to research activities are recognized in the statement of profit or loss at the time of occurring.
\nAny development costs for which future economic benefits can reliably be estimated, that can be reliably measured and that were not incurred for the maintenance of an existing product or adaptation to suit new market circumstances are capitalized.
All other development costs are recognized in the statement of profit or loss at the time of occurring. The recognized value of capitalized development costs consists of external and directly attributable internal costs and overheads. Capitalized projects are technically feasible and Nedap intends to implement them. Nedap has access to (or is able to obtain) sufficient technical, financial and other resources to finalize and market the products it has developed.
\nGovernment grants are credited to the statement of profit or loss when there is reasonable certainty that the government grant will be received and that the group will be able to meet all associated conditions. Pending government grants to which Nedap can lay claim are recognized on the balance sheet under trade and other receivables. If the government grant relates to the purchase, manufacturing or creation of an asset, the government grant is deducted from the asset in question.
\nCapitalized development costs are amortized on a straight-line basis. The amortization rate varies between 12.5% and 20.0%.
\nSoftware and licenses acquired are recognized at historical cost less accumulated amortization and impairments. Amortization is applied on a straight-line basis over the estimated economic life. The amortization rate varies between 12.5% and 20.0%.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForIntangibleAssetsOtherThanGoodwillExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5341m4068p": { "value": "Intangible fixed assets, including capitalized development costs and assets in progress and prepayments, are recognized at historical cost less accumulated amortization and impairment losses.
\nCosts relating to research activities are recognized in the statement of profit or loss at the time of occurring.
\nAny development costs for which future economic benefits can reliably be estimated, that can be reliably measured and that were not incurred for the maintenance of an existing product or adaptation to suit new market circumstances are capitalized.
All other development costs are recognized in the statement of profit or loss at the time of occurring. The recognized value of capitalized development costs consists of external and directly attributable internal costs and overheads. Capitalized projects are technically feasible and Nedap intends to implement them. Nedap has access to (or is able to obtain) sufficient technical, financial and other resources to finalize and market the products it has developed.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForResearchAndDevelopmentExpenseExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5349m4075p": { "value": "\nGovernment grants are credited to the statement of profit or loss when there is reasonable certainty that the government grant will be received and that the group will be able to meet all associated conditions. Pending government grants to which Nedap can lay claim are recognized on the balance sheet under trade and other receivables. If the government grant relates to the purchase, manufacturing or creation of an asset, the government grant is deducted from the asset in question.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForGovernmentGrants", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5334m4065p": { "value": "\nCapitalized development costs are amortized on a straight-line basis. The amortization rate varies between 12.5% and 20.0%.
\nDepreciation of tangible fixed assets is applied on a straight-line basis over the estimated economic life. Land is not depreciated.
The annual depreciation rates are:
| \n Company buildings and premises | \n \n 3% to 10% | \n
| \n Machinery | \n \n 18% | \n
| \n Installations | \n \n 7% to 10% | \n
| \n Other equipment | \n \n 20% to 33% | \n
Depreciation rates are evaluated annually and adjusted if necessary.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForDepreciationExpenseExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5356m4081p": { "value": "\nTangible fixed assets purchased or manufactured are recognized at historical cost less accumulated depreciation and impairment.
Costs of tangible fixed assets are capitalized as 'in progress' under tangible fixed assets when they are not yet ready to be commissioned. As soon as the asset has been completed, it will be included in the asset category that corresponds to the asset. The recognized value of assets manufactured in-house consists of external costs and directly attributable internal costs and overheads. Tangible fixed assets are classified as 'assets held for sale' provided assets are indeed available for immediate sales and are highly likely to be sold. Available-for-sale tangible fixed assets are recognized at book value or lower fair value, less selling costs. Available-for-sale tangible fixed assets are not depreciated.
\nDepreciation of tangible fixed assets is applied on a straight-line basis over the estimated economic life. Land is not depreciated.
The annual depreciation rates are:
| \n Company buildings and premises | \n \n 3% to 10% | \n
| \n Machinery | \n \n 18% | \n
| \n Installations | \n \n 7% to 10% | \n
| \n Other equipment | \n \n 20% to 33% | \n
Depreciation rates are evaluated annually and adjusted if necessary.
\nLeases are recognized as a right-of-use asset and corresponding liability on the date on which the right-of-use asset is available to Nedap.
The lease terms differ per lease. They range from one to five years and reflect a term that is shorter than or equal to the useful life of the underlying asset.
Contracts can contain both lease and non-lease components. Nedap attributes the contract fee to the lease and non-lease components based on their relative autonomous prices.
Nedap has opted to treat lease and non-lease components as separate items. Non-lease components are mainly service-related services.
Assets and liabilities ensuing from a lease and recognized as lease components are initially measured at present value. After initial measurement at cost less any depreciation and any accumulated impairment losses, the right-of-use assets are, after initial recognition, corrected for any revaluation of the lease liability as a result of reassessments or lease modifications.
Lease liabilities include the net present value of the fixed lease payments and variable lease payments based on an index or price, initially measured using the index or price as it is on the lease commencement date.
Lease payments made under reasonably certain options for extension of the lease are also included in the measurement of the liability. In determining the lease term, the management factors in all information and circumstances that constitute economic incentives to exercise an extension option.
If any improvements made to the asset are expected to lead to significant residual value, it is generally reasonably certain that Nedap will choose to extend the lease. Otherwise, Nedap takes other factors into account, such as past lease terms and the costs and business disruptions that would be inevitable when replacing the leased asset.
Lease payments are factored in based on the imputed rate of interest in the lease. If that rate cannot be determined easily, which is generally the case for leases at Nedap, the lessee\u2019s incremental borrowing rate of interest is used, i.e. the rate at which the individual would have to pay interest to borrow the funds needed to acquire a similar-value right-of-use asset in a comparable economic environment with comparable conditions and guarantees.
Nedap is subject to possible future increases of variable lease payments based on an index or rate, which are not recognized in the lease liability until they become effective. When adjustments to lease payments based on an index or rate become effective, the lease liability is reassessed and adjusted to the right-of-use asset.
Lease payments are split up into right-of-use assets and financing costs. The financing costs are charged to the profit or loss for the lease period to generate a constant periodical interest rate for the remaining balance of the liability for each applicable period. Right-of-use assets are measured at cost, which is made up of:
The amount of the first measurement of lease liabilities;
All lease payments made on or before the commencement date, less lease benefits received;
Any initial direct costs; and
Acceptable restoration costs.
Right-of-use assets are generally depreciated on a straight-line basis over the lease term or the asset\u2019s service life, whichever is the shortest period. If Nedap is reasonably certain that it will exercise a purchase option, the right of use is depreciated over the useful life of the underlying asset.
Payments under short-term leases and all leases for low-value assets are recognized in the statement of profit or loss as a cost.\u00a0Short-term leases are leases with a lease term of 12 months or less. Low-value assets are assets with a new-for-old value of under \u20ac5,000.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForPropertyPlantAndEquipmentExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5345m4071p": { "value": "Tangible fixed assets are classified as 'assets held for sale' provided assets are indeed available for immediate sales and are highly likely to be sold. Available-for-sale tangible fixed assets are recognized at book value or lower fair value, less selling costs. Available-for-sale tangible fixed assets are not depreciated.", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForNoncurrentAssetsOrDisposalGroupsClassifiedAsHeldForSaleExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5450m4144p": { "value": "\nLeases are recognized as a right-of-use asset and corresponding liability on the date on which the right-of-use asset is available to Nedap.
The lease terms differ per lease. They range from one to five years and reflect a term that is shorter than or equal to the useful life of the underlying asset.
Contracts can contain both lease and non-lease components. Nedap attributes the contract fee to the lease and non-lease components based on their relative autonomous prices.
Nedap has opted to treat lease and non-lease components as separate items. Non-lease components are mainly service-related services.
Assets and liabilities ensuing from a lease and recognized as lease components are initially measured at present value. After initial measurement at cost less any depreciation and any accumulated impairment losses, the right-of-use assets are, after initial recognition, corrected for any revaluation of the lease liability as a result of reassessments or lease modifications.
Lease liabilities include the net present value of the fixed lease payments and variable lease payments based on an index or price, initially measured using the index or price as it is on the lease commencement date.
Lease payments made under reasonably certain options for extension of the lease are also included in the measurement of the liability. In determining the lease term, the management factors in all information and circumstances that constitute economic incentives to exercise an extension option.
If any improvements made to the asset are expected to lead to significant residual value, it is generally reasonably certain that Nedap will choose to extend the lease. Otherwise, Nedap takes other factors into account, such as past lease terms and the costs and business disruptions that would be inevitable when replacing the leased asset.
Lease payments are factored in based on the imputed rate of interest in the lease. If that rate cannot be determined easily, which is generally the case for leases at Nedap, the lessee\u2019s incremental borrowing rate of interest is used, i.e. the rate at which the individual would have to pay interest to borrow the funds needed to acquire a similar-value right-of-use asset in a comparable economic environment with comparable conditions and guarantees.
Nedap is subject to possible future increases of variable lease payments based on an index or rate, which are not recognized in the lease liability until they become effective. When adjustments to lease payments based on an index or rate become effective, the lease liability is reassessed and adjusted to the right-of-use asset.
Lease payments are split up into right-of-use assets and financing costs. The financing costs are charged to the profit or loss for the lease period to generate a constant periodical interest rate for the remaining balance of the liability for each applicable period. Right-of-use assets are measured at cost, which is made up of:
The amount of the first measurement of lease liabilities;
All lease payments made on or before the commencement date, less lease benefits received;
Any initial direct costs; and
Acceptable restoration costs.
Right-of-use assets are generally depreciated on a straight-line basis over the lease term or the asset\u2019s service life, whichever is the shortest period. If Nedap is reasonably certain that it will exercise a purchase option, the right of use is depreciated over the useful life of the underlying asset.
Payments under short-term leases and all leases for low-value assets are recognized in the statement of profit or loss as a cost.\u00a0Short-term leases are leases with a lease term of 12 months or less. Low-value assets are assets with a new-for-old value of under \u20ac5,000.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForLeasesExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5350m4076p": { "value": "\nDeferred tax assets relate to losses brought forward and temporary differences between the book value of assets and liabilities and the tax book values of these items. The liability method has been used for calculating deferred tax assets and liabilities. Deferred tax assets are calculated, for each fiscal entity, at the tax rates that are expected to apply when they are realized. Deferred tax assets are only recognized if it is likely that these can be realized. Deferred tax assets and liabilities are offset if there is a legally enforceable right to offset tax assets and liabilities and they relate to taxes levied by the tax authorities on the same taxable entity or on various tax entities, but are intended to settle offset current tax liabilities and assets or will realize their tax liabilities and assets simultaneously.
\nDeferred tax liabilities arise from temporary differences between the book value of assets and liabilities and the tax book values of these items. The liability method has been used for calculating deferred tax assets and liabilities. Deferred tax liabilities are calculated, for each fiscal entity, at the tax rates that are expected to apply when they are settled. Deferred tax assets and liabilities are offset if there is a legally enforceable right to offset tax assets and liabilities and they relate to taxes levied by the tax authorities on the same taxable entity or on various tax entities but are intended to settle offset current tax liabilities and assets or will realize their tax liabilities and assets simultaneously.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForDeferredIncomeTaxExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5340m4067p": { "value": "\nInventories are recognized at either cost or net realizable value, whichever is lower. Cost is determined based on the First-In-First-Out method (FIFO). Net realizable value is the estimated selling price less costs to be incurred. The cost of products in progress and Nedap-manufactured finished goods includes direct manufacturing costs, plus a mark-up for indirect manufacturing and purchasing costs. Inventories are revalued downward based on expected realizable value, provided this is lower than cost. These downward revaluations are applied based on age, sales projections, expected usage or a combination of the above.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForMeasuringInventories", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5344m4070p": { "value": "\nCash and cash equivalents may include deposits held with banks that are available on demand, other short-term investments that are very liquid and have an original term of three months or shorter, and which can be converted immediately to specific cash amounts, while also involving negligible exposure to the risk of changes in value, as well as bank overdrafts or current-account receivables. Cash balances and current-account receivables are recognized under cash and cash equivalents in current assets, while bank overdrafts are recognized as bank overdrafts under current liabilities on the balance sheet.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyToDetermineComponentsOfCashAndCashEquivalents", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5459m4149p": { "value": "\nThe book value of assets is reviewed mid-year and at year-end for any indication of impairment. If indications of impairment are found, impairment is recognized based on realizable value, which is either the direct realizable value or value in use, whichever is the highest. Impairment is recognized in the statement of profit or loss. If information or circumstances arise in a subsequent period that show that the value of the asset has increased, causing the impairment to fully or partially cease to apply, the impairment is revoked.
The book value of the asset is raised to the revised realizable value, albeit never beyond the book value that would have been recognized if impairment had not taken place. The increase is incorporated directly into the statement of profit or loss. Assets both in use and not yet in use are involved in determining impairment.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForImpairmentOfAssetsExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5352m4077p": { "value": "\nNedap operates two plans that give employees the option to invest in Nedap depositary receipts through Stichting Medewerkerparticipatie Nedap (subsequently referred to as 'the Stichting'): the Employee Participation Plan ('the Plan\u2019) and the Nedap Additional Participation Plan ('the NAPP').
The value of these plans is recognized as cost in the statement of profit or loss, while the amount charged to the profit or loss is recognized in the shareholders\u2019 equity, to the extent that share-based remuneration is settled through equity instruments of the legal entity. The part settled in cash and cash equivalents is recognized under liabilities. The total amount to recognize as cost is the fair value of the depositary receipts awarded without factoring in performance-related conditions. Over the period that such performance is delivered, the total amount to recognize as cost is charged to the profit or loss on a straight-line basis.
Since 2010, the Plan has offered Nedap N.V. employees the option to use part or all of their annual share in the profits to purchase Nedap depositary receipts. Besides the option to invest the amount of their share in the profits in the Stichting in exchange for depositary receipts,\u00a0business unit leaders are required to invest at least 50% of their variable remuneration in Nedap depositary receipts. This requirement also applied to the Board of Directors up to and including 2024. As from 2025, following the introduction of the Long-Term Incentive (LTI) plan, variable remuneration for the Board of Directors is structured through the LTI, which provides a long-term incentive by design.
After purchase, depositary receipts will be the unconditional property of the holder and they cannot be sold for a period of four years. The holder of the depositary receipt is immediately entitled to the full dividend per share. Besides the purchase discount, a bonus depositary receipt is awarded for every four depositary receipts after four years, provided certain conditions are met. Bonus depositary receipts entitle the holder to dividend from the moment they are awarded.
The value of the bonus depositary receipts has been derived from the Nedap share price on the Euronext Amsterdam stock exchange. This value is corrected for the dividends expected during the period of four years during which the depositary receipts are locked up.
In addition to the above-mentioned employee participation plans, Nedap introduced a Long-Term Incentive plan for the Board of Directors with effect from 2025. The LTI qualifies as share-based remuneration and is accounted for in accordance with applicable accounting standards for equity-settled share-based payment arrangements. The fair value of the conditionally granted performance share units is determined at grant date and is recognized as an expense in the statement of profit or loss over the three-year vesting period, with a corresponding increase in equity. The expense recognized is adjusted for expected vesting based on the achievement of non-market performance conditions, while market-related conditions are reflected in the grant-date fair value and are not subsequently adjusted.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForSharebasedPaymentTransactionsExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5327m4060p": { "value": "\nSince 1 January 2015, Nedap has had a defined-contribution pension plan for its employees. Liabilities are recognized as a cost in the statement of profit or loss in the period to which they relate. Administration of the scheme has been commissioned to a Premium Pension Institution (PPI). Nedap has no other liabilities relating to the extent of the target pension or indexations other than the contributions payable.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForEmployeeBenefitsExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5333m4064p": { "value": "\nProvisions for legal claims, service guarantees and obligations to repair are recognized when Nedap has incurred a legal or constructive obligation as a result of events in the past, it is likely that a disbursement of resources will be required to settle the obligation, and the amount can be estimated reliably. Provisions will not be made for future operating losses. Provisions are measured at the present value of the management\u2019s best estimate of the expenditure needed to settle the current obligation at the end of the reporting period, using a discount rate that is in line with current market rates.
\nThe guarantee provision is for claims made by customers under agreed guarantees. The term during which a customer can exercise this right varies between products. The measurement is determined based on estimated costs that are expected to ensue from current warranty obligations as of the balance sheet date. Aside from that, the provision may contain specific guarantee commitments.
\nA restructuring provision is recognized as soon as Nedap has approved a detailed and formal restructuring plan, and a start has been made on the restructuring or when it has been announced publicly. A provision is not made for future operating losses.
\nNedap\u2019s liability under other long-term employee benefits, the 12.5-year, 25-year and 40-year employment anniversary, concerns the amount of entitlements accrued by employees in exchange for their services over the reporting period and preceding periods.
These entitlements are discounted to determine the present value. Revaluations are incorporated into the profit or loss for the period in which they occur.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForProvisionsExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5355m4080p": { "value": "\nRevenue is based on transaction prices allocated to individual performance obligations, being either a distinct good or service or a series of distinct goods or services that are largely the same and showing the same pattern of transfer to a customer. Revenue from sales of goods and software related to these goods is recognized in the profit or loss upon transfer of the right of disposal of the goods or software by Nedap.
Revenue from software subscriptions (licenses) and services is recognized for each service or on a straight-line basis over the term of the contract. Licenses involve the granting of a right of access to Nedap\u2019s software as it is during the entire term of the license. If service contracts are invoiced in advance, these amounts are recognized on the balance sheet as amounts received in advance under 'trade and other payables'.
Commitments to accept returns of, or issue refunds for, products and/or services are limited to those products and/or services for which Nedap has issued a warranty and subject to all warranty conditions being met.
Nedap does not have any material costs for the acquisition of contracts with customers and rarely groups products and/or services together in contracts. Delivery obligations under contracts that Nedap enters into with its customers consist mainly of agreements on the customer\u2019s right to acquire products and/or services at the agreed price. Nedap\u2019s associated liability to provide these products and/or services is calculated upon fulfillment of this obligation.
Wherever separate, identifiable obligations exist for which a customer cannot be charged separately, revenue has been recognized in proportion to the fulfillment of these obligations. Price agreements between Nedap and its customers are, however, largely based on separately identifiable products and/or services, which are calculated and recognized as revenue on the date of delivery.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForRecognitionOfRevenue", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5357m4082p": { "value": "\nFinancing income and costs are interest received from third parties and interest paid to third parties and similar costs. Financing income and costs are recognized in the statement of profit or loss using the effective interest method.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForFinanceIncomeAndCostsExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5353m4078p": { "value": "\nTaxation on profit for the financial year comprises taxes payable and receivable for the reporting period and the movement in deferred taxation. Taxation on profit is recognized in the statement of profit or loss, unless it relates to items recognized directly in shareholders\u2019 equity, in which case the related taxation is also recognized in shareholders\u2019 equity. Taxation payable or offsettable over the reporting period consists of income tax on the taxable profit or loss, as calculated based on tax rates set by law, and corrections to taxation paid for previous financial years.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForIncomeTaxExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5343m4069p": { "value": "\nThe statement of cash flows is prepared using the indirect method. Cash flows in foreign currencies are converted at the exchange rates on the date of the cash flow or at average rates. Interest paid and received is included in cash flow from operating activities, while dividend paid to and received from shareholders is incorporated into cash flow from financing activities.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForCashFlowsExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5358m4083p": { "value": "\nNedap\u2019s long-term policy focuses on creating solutions with sustainable meaning for customers, employees and shareholders. The company wishes to achieve this through growth in revenue and profits, based on the culture of expertise, creativity and entrepreneurship that it has built up over the past decades.
Achieving this objective not only requires know-how of technology and market conditions, but also an increasing degree of knowledge of the customer\u2019s business processes and applications that our solution is ultimately used in. The focus of activities on a customer or group of customers (business unit) is a significant condition for creating a genuinely distinctive and sustainable solution for our customers and their users, and thus also having sustainable meaning for our employees and shareholders. The technologies used in such solutions are closely related, so the business units often draw on each other\u2019s technological know-how, products, systems, production resources and market and user experience. This applies for all of Nedap\u2019s activities and business units. This exchange of know-how and resources, without financial settlement, is an ongoing and informal process and, therefore, a vital part of the entrepreneurial culture.
IFRS 8 requires the financial statements to present segment information that is in accordance with the internal information used by the directors to assess performance and allocate resources. Nedap N.V.\u2019s Board of Directors assesses the company\u2019s overall and each business unit\u2019s profit or loss and the performance of the business units mainly on the basis of its own observations, day-to-day communications with the business units and development and market prospects. Based on this, decisions are made, staff are allocated, and resources are made available. Nedap does not have separate segments as referred to in IFRS 8. The geographical distribution of tangible fixed assets, intangible fixed assets and revenue, and the breakdown of revenue into categories are disclosed in the financial statements as required by IFRS 8.
", "dimensions": { "concept": "ifrs-full:DescriptionOfAccountingPolicyForSegmentReportingExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5360m4085p": { "value": "\nNedap N.V. is a public limited company under Dutch law, domiciled in the Netherlands, that develops and manufactures electronic equipment and software, having its registered office under the articles of association at Parallelweg 2, 7141\u00a0DC Groenlo, the Netherlands, registered in the Chamber of Commerce\u2019s trade register under number 08013836. Groenlo, the Netherlands is its principal place of business as well. The company\u2019s 2025 consolidated financial statements cover the company and its subsidiaries, who together form the group, referred to below as Nedap. The financial year coincides with the calendar year. Nedap develops and supplies smart technological solutions for socially relevant themes, including sufficient food, clean drinking water, security and healthcare. On 23 February 2026, the financial statements were approved for publication by both the Supervisory Board and the Board of Directors. The financial statements will be submitted to the annual general meeting for adoption on 8 April 2026. The consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS Accounting Standards) as adopted by the European Union and with Title 9 of Book 2 of the Dutch Civil Code.
| \n Nedap Asia Ltd., Hong Kong, China | \n \n 100% | \n \n participation | \n
| \n Nedap China Ltd., Shanghai, China | \n \n 100% | \n \n participation of Nedap Asia Ltd. | \n
| \n Nedap NZ Ltd., Christchurch, New Zealand | \n \n 100% | \n \n participation | \n
| \n Nedap Deutschland GmbH, Krefeld, Germany | \n \n 100% | \n \n participation | \n
| \n Nedap Great Britain Ltd., Theale, Reading, United Kingdom | \n \n 100% | \n \n participation | \n
| \n Nedap Iberia S.A.U., Madrid, Spain | \n \n 100% | \n \n participation | \n
| \n Nedap Polska Sp. z o.o., Warsaw, Poland | \n \n 100% | \n \n participation | \n
| \n Nedap FZE, Dubai, United Arab Emirates | \n \n 100% | \n \n participation | \n
| \n Nedap Inc., Burlington, United States of America | \n \n 100% | \n \n participation | \n
Unless specified otherwise, all amounts recognized in the financial statements and explanatory notes are rounded to the nearest thousand currency units.
\nThe accounting principles have been consistently applied. Where necessary, comparative figures have been adjusted for comparison purposes. Such adjustments, if any, are clearly indicated at the relevant position in the financial statements.
", "dimensions": { "concept": "ifrs-full:DisclosureOfGeneralInformationAboutFinancialStatementsExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5443m4137p": { "value": "Nedap N.V.", "dimensions": { "concept": "ifrs-full:NameOfReportingEntityOrOtherMeansOfIdentification", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5444m4138p": { "value": "public limited company", "dimensions": { "concept": "ifrs-full:LegalFormOfEntity", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5445m4139p": { "value": "the Netherlands", "dimensions": { "concept": "ifrs-full:DomicileOfEntity", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5449m4143p": { "value": "the Netherlands", "dimensions": { "concept": "ifrs-full:CountryOfIncorporation", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5446m4140p": { "value": "develops and manufactures electronic equipment and software", "dimensions": { "concept": "ifrs-full:DescriptionOfNatureOfEntitysOperationsAndPrincipalActivities", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5447m4141p": { "value": "Parallelweg 2, 7141\u00a0DC Groenlo, the Netherlands", "dimensions": { "concept": "ifrs-full:AddressOfRegisteredOfficeOfEntity", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5448m4142p": { "value": "Groenlo, the Netherlands", "dimensions": { "concept": "ifrs-full:PrincipalPlaceOfBusiness", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5426m4124p": { "value": "On 23 February 2026, the financial statements were approved for publication by both the Supervisory Board and the Board of Directors. The financial statements will be submitted to the annual general meeting for adoption on 8 April 2026.", "dimensions": { "concept": "ifrs-full:DisclosureOfAuthorisationOfFinancialStatementsExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5427m4125p": { "value": "The consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS Accounting Standards) as adopted by the European Union and with Title 9 of Book 2 of the Dutch Civil Code.", "dimensions": { "concept": "ifrs-full:DisclosureOfBasisOfPreparationOfFinancialStatementsExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5428m4126p": { "value": "The consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS Accounting Standards) as adopted by the European Union and with Title 9 of Book 2 of the Dutch Civil Code.", "dimensions": { "concept": "ifrs-full:StatementOfIFRSCompliance", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5393m4101p": { "value": "| \n Nedap Asia Ltd., Hong Kong, China | \n \n 100% | \n \n participation | \n
| \n Nedap China Ltd., Shanghai, China | \n \n 100% | \n \n participation of Nedap Asia Ltd. | \n
| \n Nedap NZ Ltd., Christchurch, New Zealand | \n \n 100% | \n \n participation | \n
| \n Nedap Deutschland GmbH, Krefeld, Germany | \n \n 100% | \n \n participation | \n
| \n Nedap Great Britain Ltd., Theale, Reading, United Kingdom | \n \n 100% | \n \n participation | \n
| \n Nedap Iberia S.A.U., Madrid, Spain | \n \n 100% | \n \n participation | \n
| \n Nedap Polska Sp. z o.o., Warsaw, Poland | \n \n 100% | \n \n participation | \n
| \n Nedap FZE, Dubai, United Arab Emirates | \n \n 100% | \n \n participation | \n
| \n Nedap Inc., Burlington, United States of America | \n \n 100% | \n \n participation | \n
| \n Nedap Asia Ltd., Hong Kong, China | \n \n 100% | \n \n participation | \n
| \n Nedap China Ltd., Shanghai, China | \n \n 100% | \n \n participation of Nedap Asia Ltd. | \n
| \n Nedap NZ Ltd., Christchurch, New Zealand | \n \n 100% | \n \n participation | \n
| \n Nedap Deutschland GmbH, Krefeld, Germany | \n \n 100% | \n \n participation | \n
| \n Nedap Great Britain Ltd., Theale, Reading, United Kingdom | \n \n 100% | \n \n participation | \n
| \n Nedap Iberia S.A.U., Madrid, Spain | \n \n 100% | \n \n participation | \n
| \n Nedap Polska Sp. z o.o., Warsaw, Poland | \n \n 100% | \n \n participation | \n
| \n Nedap FZE, Dubai, United Arab Emirates | \n \n 100% | \n \n participation | \n
| \n Nedap Inc., Burlington, United States of America | \n \n 100% | \n \n participation | \n
The accounting policies used in preparing these financial statements are based on a going concern assumption for the company. The company was able to post a profit for 2025. Given that the financial position is stable in terms of results and equity, and the outlook is positive, the going concern assumption was applied in preparing the financial statements.
", "dimensions": { "concept": "ifrs-full:DisclosureOfGoingConcernExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5419m4119p": { "value": "\nIFRS Accounting Standards compliant reporting requires management to make judgements, estimates and assumptions that affect the application of accounting policies and the reported value of assets, liabilities, income and costs. The estimates and underlying assumptions are based on past experience and various other factors which are considered fair under the circumstances. The results constitute the basis for judgements on the book value of assets and liabilities that cannot be simply derived from other sources. The actual results may differ from these estimates. The estimates and underlying assumptions are under constant review. Revisions to estimates are recognized in the period in which the estimate is revised if the revision only has consequences for that period, or in the revision period and future periods if the revision has consequences for both the reporting period and future periods. The most critical estimate relates to the capitalization of development costs, which is detailed below. Further estimates relate primarily to measurement of tangible and intangible fixed assets, employee benefits, deferred tax assets, provisions and inventories. For details of these other estimates, please refer to the relevant accounting policies as specified in these financial statements.
Development costs are, as per the criteria of IAS 38, capitalized if all of the following conditions are met:
The development costs were incurred for solutions that are new for Nedap and creating a user-ready product is technically feasible;
Nedap has the intention to prepare this product for use;
The costs involved can be calculated reliably; and
The solution is likely to have market potential and yield future economic benefits.
The main estimation element in this respect is the realizable economic benefits. It is inherent to innovative products that it can take many years for a solution to become successful and for it to be possible to establish with the required level of certainty that the targeted economic benefits are indeed realizable. Given the combination of the above conditions, Nedap capitalizes development costs only to a limited degree. On top of that, the development costs recognized relate mainly to maintenance, upgrades, and further development of existing solutions in Nedap\u2019s case, and to a lesser degree to the actual development of new solutions.
For further details, please refer to the principles on the recognition of intangible fixed assets and note 1 to these financial statements.
", "dimensions": { "concept": "ifrs-full:DisclosureOfAccountingJudgementsAndEstimatesExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5406m4108p": { "value": "\nThe financial data of Nedap N.V. and of the subsidiaries listed above (jointly referred to as Nedap) have been consolidated in full if the requirements of IFRS 10 are met. Balance sheet positions and transactions between consolidated companies and unrealized result on such transactions are eliminated when preparing the consolidated financial statements. The unrealized profit or loss of consolidated companies on transactions with non-consolidated companies is eliminated in proportion to Nedap\u2019s interest in that participation.
", "dimensions": { "concept": "ifrs-full:DisclosureOfBasisOfConsolidationExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5395m4103p": { "value": "\nCredit risk is the risk of financial losses for Nedap due to non-compliance with payment obligations on the part of a customer or counterparty. Credit risks arise in particular on receivables from customers. Nedap reduces this risk by insuring trade receivables against non-payment where possible. The risk of non-payment then lies largely with the credit insurance company. If possible, security is requested from trade debtors who cannot be insured. If necessary, a provision for doubtful debts is formed. The Group assesses its receivables without credit risk insurance on an individual basis, while the expected credit loss model has been applied for those receivables without credit risk insurance that have not been remeasured downward.
When it comes to banks and financial institutions, cash and cash equivalents are held only with counterparties that have a long-term credit rating of at least \u2018A\u2019 from a recognized independent credit rating agency. Credit ratings are monitored periodically, and where multiple ratings exist, management assesses these ratings in aggregate as part of its counterparty risk management.
\nLiquidity risk is the risk that Nedap cannot meet its financial obligations when they become due. Nedap reduces this risk by maintaining sufficient access to capital. In this respect, an ample multi-purpose credit facility, whereby the total facilities of \u20ac45 million (including temporary facilities of \u20ac10 million in the period from April to September inclusive) are not subject to covenants.
\nNedap reduces the currency risk by restricting the size of transactions in foreign currencies and, if necessary, hedging these risks. For the most important foreign currency \u2013 the US dollar \u2013 an internal hedging system is used, which means that payments in US dollars are made using US dollars available elsewhere in the company. In 2025, the US dollar was, after the euro, the currency used for most transactions. The US dollar was also the foreign currency with the highest net transaction value in 2025 (2% of revenue), whereby most US dollar transactions were purchases. A hypothetical change of 10% in the US dollar exchange rate would have pushed the profit for the financial year up or down by \u20ac0.5 million.
\nThe Group is exposed to interest rate risk primarily as a result of its use of variable interest-bearing current account facilities. Changes in market interest rates may affect the Group\u2019s finance costs and, consequently, its profit for the financial year. The objective of the Group\u2019s interest rate risk management is to limit the potential adverse impact of interest rate fluctuations on its financial performance. Interest rate risk is managed centrally and is monitored on a periodic basis by management. The Group does not currently use derivative financial instruments to hedge its exposure to interest rate risk. Interest rate risk is measured by analyzing the sensitivity of profit to reasonably possible changes in market interest rates, based on the outstanding variable interest-bearing financial liabilities at the reporting date. The sensitivity analysis included in this note reflects the impact of a parallel shift in interest rates of 100 basis points, assuming all other variables remain constant. There were no significant changes in the Group\u2019s exposure to interest rate risk, its risk management objectives, policies or processes, or the methods used to measure the risk compared to the previous financial year.
A change of 100 basis points in interest rate on the loans specified in Note 8 and the average drawn credit on current accounts (\u20ac12.9 million combined) would affect the profit for the financial year by \u20ac0.1 million (in 2024: \u20ac0.2 million).
\nNedap reduces its market risk by operating in different geographical markets and areas of application with different products.
\n| \n Contractual term of | \n \n | \n\n >= 1 year | \n \n >= 2 years | \n \n | \n\n | \n
| \n financial liabilities | \n \n < 1 year | \n \n < 2 years | \n \n < 5 years | \n \n >= 5 years | \n \n Total | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Year-end 2024: | \n \n | \n\n | \n\n | \n\n | \n\n | \n
| \n Non-derivatives | \n \n | \n\n | \n\n | \n\n | \n\n | \n
| \n Trade and other payables1 | \n \n 29,278 | \n \n 318 | \n \n - | \n \n - | \n \n 29,596 | \n
| \n Lease liabilities | \n \n 988 | \n \n 485 | \n \n 271 | \n \n - | \n \n 1,744 | \n
| \n Borrowings | \n \n 637 | \n \n 14,159 | \n \n - | \n \n - | \n \n 14,796 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Total non-derivatives | \n \n 30,903 | \n \n 14,962 | \n \n 271 | \n \n - | \n \n 46,136 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Year-end 2025: | \n \n | \n\n | \n\n | \n\n | \n\n | \n
| \n Non-derivatives | \n \n | \n\n | \n\n | \n\n | \n\n | \n
| \n Trade and other payables1 | \n \n 30,962 | \n \n 383 | \n \n - | \n \n - | \n \n 31,345 | \n
| \n Lease liabilities | \n \n 2,139 | \n \n 1,763 | \n \n 2,466 | \n \n - | \n \n 6,368 | \n
| \n Borrowings | \n \n - | \n \n - | \n \n - | \n \n - | \n \n - | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Total non-derivatives | \n \n 33,101 | \n \n 2,146 | \n \n 2,466 | \n \n - | \n \n 37,713 | \n
Credit risk is the risk of financial losses for Nedap due to non-compliance with payment obligations on the part of a customer or counterparty. Credit risks arise in particular on receivables from customers. Nedap reduces this risk by insuring trade receivables against non-payment where possible. The risk of non-payment then lies largely with the credit insurance company. If possible, security is requested from trade debtors who cannot be insured. If necessary, a provision for doubtful debts is formed. The Group assesses its receivables without credit risk insurance on an individual basis, while the expected credit loss model has been applied for those receivables without credit risk insurance that have not been remeasured downward.
When it comes to banks and financial institutions, cash and cash equivalents are held only with counterparties that have a long-term credit rating of at least \u2018A\u2019 from a recognized independent credit rating agency. Credit ratings are monitored periodically, and where multiple ratings exist, management assesses these ratings in aggregate as part of its counterparty risk management.
", "dimensions": { "concept": "ifrs-full:DisclosureOfCreditRiskExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5401m4104p": { "value": "\nLiquidity risk is the risk that Nedap cannot meet its financial obligations when they become due. Nedap reduces this risk by maintaining sufficient access to capital. In this respect, an ample multi-purpose credit facility, whereby the total facilities of \u20ac45 million (including temporary facilities of \u20ac10 million in the period from April to September inclusive) are not subject to covenants.
\n| \n Contractual term of | \n \n | \n\n >= 1 year | \n \n >= 2 years | \n \n | \n\n | \n
| \n financial liabilities | \n \n < 1 year | \n \n < 2 years | \n \n < 5 years | \n \n >= 5 years | \n \n Total | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Year-end 2024: | \n \n | \n\n | \n\n | \n\n | \n\n | \n
| \n Non-derivatives | \n \n | \n\n | \n\n | \n\n | \n\n | \n
| \n Trade and other payables1 | \n \n 29,278 | \n \n 318 | \n \n - | \n \n - | \n \n 29,596 | \n
| \n Lease liabilities | \n \n 988 | \n \n 485 | \n \n 271 | \n \n - | \n \n 1,744 | \n
| \n Borrowings | \n \n 637 | \n \n 14,159 | \n \n - | \n \n - | \n \n 14,796 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Total non-derivatives | \n \n 30,903 | \n \n 14,962 | \n \n 271 | \n \n - | \n \n 46,136 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Year-end 2025: | \n \n | \n\n | \n\n | \n\n | \n\n | \n
| \n Non-derivatives | \n \n | \n\n | \n\n | \n\n | \n\n | \n
| \n Trade and other payables1 | \n \n 30,962 | \n \n 383 | \n \n - | \n \n - | \n \n 31,345 | \n
| \n Lease liabilities | \n \n 2,139 | \n \n 1,763 | \n \n 2,466 | \n \n - | \n \n 6,368 | \n
| \n Borrowings | \n \n - | \n \n - | \n \n - | \n \n - | \n \n - | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Total non-derivatives | \n \n 33,101 | \n \n 2,146 | \n \n 2,466 | \n \n - | \n \n 37,713 | \n
Nedap reduces the currency risk by restricting the size of transactions in foreign currencies and, if necessary, hedging these risks. For the most important foreign currency \u2013 the US dollar \u2013 an internal hedging system is used, which means that payments in US dollars are made using US dollars available elsewhere in the company. In 2025, the US dollar was, after the euro, the currency used for most transactions. The US dollar was also the foreign currency with the highest net transaction value in 2025 (2% of revenue), whereby most US dollar transactions were purchases. A hypothetical change of 10% in the US dollar exchange rate would have pushed the profit for the financial year up or down by \u20ac0.5 million.
", "dimensions": { "concept": "ifrs-full:DisclosureOfEffectOfChangesInForeignExchangeRatesExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5420m4120p": { "value": "\nNedap reduces the currency risk by restricting the size of transactions in foreign currencies and, if necessary, hedging these risks. For the most important foreign currency \u2013 the US dollar \u2013 an internal hedging system is used, which means that payments in US dollars are made using US dollars available elsewhere in the company. In 2025, the US dollar was, after the euro, the currency used for most transactions. The US dollar was also the foreign currency with the highest net transaction value in 2025 (2% of revenue), whereby most US dollar transactions were purchases. A hypothetical change of 10% in the US dollar exchange rate would have pushed the profit for the financial year up or down by \u20ac0.5 million.
\nThe Group is exposed to interest rate risk primarily as a result of its use of variable interest-bearing current account facilities. Changes in market interest rates may affect the Group\u2019s finance costs and, consequently, its profit for the financial year. The objective of the Group\u2019s interest rate risk management is to limit the potential adverse impact of interest rate fluctuations on its financial performance. Interest rate risk is managed centrally and is monitored on a periodic basis by management. The Group does not currently use derivative financial instruments to hedge its exposure to interest rate risk. Interest rate risk is measured by analyzing the sensitivity of profit to reasonably possible changes in market interest rates, based on the outstanding variable interest-bearing financial liabilities at the reporting date. The sensitivity analysis included in this note reflects the impact of a parallel shift in interest rates of 100 basis points, assuming all other variables remain constant. There were no significant changes in the Group\u2019s exposure to interest rate risk, its risk management objectives, policies or processes, or the methods used to measure the risk compared to the previous financial year.
A change of 100 basis points in interest rate on the loans specified in Note 8 and the average drawn credit on current accounts (\u20ac12.9 million combined) would affect the profit for the financial year by \u20ac0.1 million (in 2024: \u20ac0.2 million).
\nNedap reduces its market risk by operating in different geographical markets and areas of application with different products.
", "dimensions": { "concept": "ifrs-full:DisclosureOfMarketRiskExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5432m4130p": { "value": "\nNedap strives for a conservative financing structure reflected by a solvency ratio of at least 50% and a maximum net debt-to-EBITDA ratio of up to 1.5. Temporary deviation from this target figure is possible for strategic reasons. In 2025, these ratios were 66% and -0.1 respectively (in 2024: 61% and 0.3).
", "dimensions": { "concept": "ifrs-full:DisclosureOfObjectivesPoliciesAndProcessesForManagingCapitalExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5628m4221p": { "value": "\nCertain new standards and interpretations have been issued but are not yet mandatory for the reporting period ending 31 December 2025. This includes IFRS 18 Presentation and Disclosure in Financial Statements, which will become effective for financial years beginning on or after 1 January 2027. Nedap is currently assessing the implications of IFRS 18. Based on the current assessment, any management performance measures that may fall within the scope of IFRS 18 are expected to be limited in nature and scope. The Group is evaluating the presentation of the statement of profit or loss to align with the new classification requirements for income and expenses into Operating, Investing, Financing, Income Taxes, and, where applicable, Discontinued Operations. At this stage, Nedap does not anticipate that the adoption of IFRS 18 or other future standards and interpretations will have a material impact on its financial reporting. The Group does not expect to apply new standards and interpretations early, and based on current insights, these are not expected to have a material effect on the entity in the current or future reporting periods, nor on foreseeable future transactions.
", "dimensions": { "concept": "ifrs-full:DisclosureOfChangesInAccountingPoliciesExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5411m4112p": { "value": "\n| \n | \n\n Capitalized development costs | \n \n | \n\n Software and licenses | \n \n | \n\n In progress and prepayments | \n \n | \n\n Total intangible fixed assets | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Year-end 2023 | \n \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Purchase price | \n \n 5,185 | \n \n | \n\n 1,926 | \n \n | \n\n 7,912 | \n \n | \n\n 15,023 | \n
| \n Amortization including impairments | \n \n -3,671 | \n \n | \n\n -1,196 | \n \n | \n\n - | \n \n | \n\n -4,867 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Book value | \n \n 1,514 | \n \n | \n\n 730 | \n \n | \n\n 7,912 | \n \n | \n\n 10,156 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Movements in 2024 | \n \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Investment | \n \n 1,190 | \n \n | \n\n 5,398 | \n \n | \n\n -2,413 | \n \n | \n\n 4,175 | \n
| \n Disposal (on balance) | \n \n - | \n \n | \n\n -55 | \n \n | \n\n - | \n \n | \n\n -55 | \n
| \n Amortization | \n \n -345 | \n \n | \n\n -225 | \n \n | \n\n - | \n \n | \n\n -570 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Net movements | \n \n 845 | \n \n | \n\n 5,118 | \n \n | \n\n -2,413 | \n \n | \n\n 3,550 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Year-end 2024 | \n \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Purchase price | \n \n 6,375 | \n \n | \n\n 7,080 | \n \n | \n\n 5,499 | \n \n | \n\n 18,954 | \n
| \n Amortization including impairments | \n \n -4,016 | \n \n | \n\n -1,232 | \n \n | \n\n - | \n \n | \n\n -5,248 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Book value | \n \n 2,359 | \n \n | \n\n 5,848 | \n \n | \n\n 5,499 | \n \n | \n\n 13,706 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Movements in 2025 | \n \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Investment | \n \n 4,319 | \n \n | \n\n 1,016 | \n \n | \n\n -3,213 | \n \n | \n\n 2,122 | \n
| \n Disposal (on balance) | \n \n - | \n \n | \n\n - | \n \n | \n\n - | \n \n | \n\n - | \n
| \n Amortization | \n \n -709 | \n \n | \n\n -867 | \n \n | \n\n - | \n \n | \n\n -1,576 | \n
| \n Impairments | \n \n - | \n \n | \n\n - | \n \n | \n\n -566 | \n \n | \n\n -566 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Net movements | \n \n 3,610 | \n \n | \n\n 149 | \n \n | \n\n -3,779 | \n \n | \n\n -20 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Disposals (Purchase price) | \n \n - | \n \n | \n\n -12 | \n \n | \n\n - | \n \n | \n\n -12 | \n
| \n Disposals (Amortization) | \n \n - | \n \n | \n\n 12 | \n \n | \n\n - | \n \n | \n\n 12 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Year-end 2025 | \n \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Purchase price | \n \n 10,694 | \n \n | \n\n 8,085 | \n \n | \n\n 1,720 | \n \n | \n\n 20,499 | \n
| \n Amortization including impairments | \n \n -4,725 | \n \n | \n\n -2,087 | \n \n | \n\n - | \n \n | \n\n -6,812 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Book value | \n \n 5,969 | \n \n | \n\n 5,998 | \n \n | \n\n 1,720 | \n \n | \n\n 13,687 | \n
Intangible fixed assets in progress and prepayments include a \u20ac1,475 (in 2024:\u00a0\u20ac3,406) investment relating to capitalized development costs in the financial year.
To a great extent, the capitalized development costs are for Healthcare and Retail information management systems.
", "dimensions": { "concept": "ifrs-full:DisclosureOfIntangibleAssetsExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5384m4095p": { "value": "\n| \n | \n\n Company buildings and premises | \n \n | \n\n Machinery and installations | \n \n | \n\n Other fixed equipment* | \n \n | \n\n In progress and prepayments | \n \n | \n\n Right-of-use assets | \n \n | \n\n Total tangible fixed assets | \n
|---|---|---|---|---|---|---|---|---|---|---|---|
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Year-end 2023 | \n \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Purchase price | \n \n 43,074 | \n \n | \n\n 19,628 | \n \n | \n\n 48,408 | \n \n | \n\n 2,199 | \n \n | \n\n 4,782 | \n \n | \n\n 118,091 | \n
| \n Depreciation including impairments | \n \n -25,937 | \n \n | \n\n -14,640 | \n \n | \n\n -31,795 | \n \n | \n\n - | \n \n | \n\n -3,083 | \n \n | \n\n -75,455 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Book value | \n \n 17,137 | \n \n | \n\n 4,988 | \n \n | \n\n 16,613 | \n \n | \n\n 2,199 | \n \n | \n\n 1,699 | \n \n | \n\n 42,636 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Movements in 2024 | \n \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Investment | \n \n 1,187 | \n \n | \n\n 652 | \n \n | \n\n 2,871 | \n \n | \n\n 5,720 | \n \n | \n\n 1,131 | \n \n | \n\n 11,561 | \n
| \n Completed assets in progress | \n \n - | \n \n | \n\n - | \n \n | \n\n 2,199 | \n \n | \n\n -2,199 | \n \n | \n\n - | \n \n | \n\n - | \n
| \n Disposal (on balance) | \n \n - | \n \n | \n\n - | \n \n | \n\n -158 | \n \n | \n\n - | \n \n | \n\n -66 | \n \n | \n\n -224 | \n
| \n Exchange differences | \n \n - | \n \n | \n\n - | \n \n | \n\n 19 | \n \n | \n\n - | \n \n | \n\n 27 | \n \n | \n\n 46 | \n
| \n Depreciation | \n \n -2,094 | \n \n | \n\n -955 | \n \n | \n\n -5,749 | \n \n | \n\n - | \n \n | \n\n -1,098 | \n \n | \n\n -9,896 | \n
| \n Impairments | \n \n - | \n \n | \n\n - | \n \n | \n\n -278 | \n \n | \n\n - | \n \n | \n\n - | \n \n | \n\n -278 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Net movements | \n \n -907 | \n \n | \n\n -303 | \n \n | \n\n -1,096 | \n \n | \n\n 3,521 | \n \n | \n\n -6 | \n \n | \n\n 1,209 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Disposals (Purchase price) | \n \n -23 | \n \n | \n\n -7,165 | \n \n | \n\n -4,339 | \n \n | \n\n - | \n \n | \n\n -334 | \n \n | \n\n -11,861 | \n
| \n Disposals (Depreciation) | \n \n 23 | \n \n | \n\n 7,165 | \n \n | \n\n 4,182 | \n \n | \n\n - | \n \n | \n\n 268 | \n \n | \n\n 11,638 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Year-end 2024 | \n \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Purchase price | \n \n 44,237 | \n \n | \n\n 13,116 | \n \n | \n\n 49,207 | \n \n | \n\n 5,720 | \n \n | \n\n 5,705 | \n \n | \n\n 117,985 | \n
| \n Depreciation including impairments | \n \n -28,007 | \n \n | \n\n -8,431 | \n \n | \n\n -33,690 | \n \n | \n\n - | \n \n | \n\n -4,012 | \n \n | \n\n -74,140 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Book value | \n \n 16,230 | \n \n | \n\n 4,685 | \n \n | \n\n 15,517 | \n \n | \n\n 5,720 | \n \n | \n\n 1,693 | \n \n | \n\n 43,845 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Movements in 2025 | \n \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Reclass in progress** | \n \n -844 | \n \n | \n\n -303 | \n \n | \n\n - | \n \n | \n\n 1,147 | \n \n | \n\n - | \n \n | \n\n - | \n
| \n Investment | \n \n 180 | \n \n | \n\n 111 | \n \n | \n\n 4,444 | \n \n | \n\n 3,806 | \n \n | \n\n 4,151 | \n \n | \n\n 12,692 | \n
| \n Completed assets in progress | \n \n 1,179 | \n \n | \n\n 609 | \n \n | \n\n 2,355 | \n \n | \n\n -4,143 | \n \n | \n\n - | \n \n | \n\n - | \n
| \n Disposal (on balance) | \n \n - | \n \n | \n\n - | \n \n | \n\n -360 | \n \n | \n\n - | \n \n | \n\n -64 | \n \n | \n\n -424 | \n
| \n Exchange differences | \n \n - | \n \n | \n\n - | \n \n | \n\n -42 | \n \n | \n\n - | \n \n | \n\n -89 | \n \n | \n\n -131 | \n
| \n Depreciation | \n \n -2,116 | \n \n | \n\n -966 | \n \n | \n\n -5,655 | \n \n | \n\n - | \n \n | \n\n -1,444 | \n \n | \n\n -10,181 | \n
| \n Impairments | \n \n - | \n \n | \n\n - | \n \n | \n\n - | \n \n | \n\n - | \n \n | \n\n - | \n \n | \n\n - | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Net movements | \n \n -1,601 | \n \n | \n\n -549 | \n \n | \n\n 742 | \n \n | \n\n 810 | \n \n | \n\n 2,554 | \n \n | \n\n 1,956 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Disposals (Purchase price) | \n \n - | \n \n | \n\n - | \n \n | \n\n -5,176 | \n \n | \n\n - | \n \n | \n\n -1,137 | \n \n | \n\n -6,313 | \n
| \n Disposals (Depreciation) | \n \n - | \n \n | \n\n - | \n \n | \n\n 4,816 | \n \n | \n\n - | \n \n | \n\n 1,073 | \n \n | \n\n 5,889 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Year-end 2025 | \n \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Purchase price | \n \n 44,752 | \n \n | \n\n 13,533 | \n \n | \n\n 50,679 | \n \n | \n\n 6,530 | \n \n | \n\n 8,453 | \n \n | \n\n 123,947 | \n
| \n Depreciation including impairments | \n \n -30,123 | \n \n | \n\n -9,397 | \n \n | \n\n -34,420 | \n \n | \n\n - | \n \n | \n\n -4,206 | \n \n | \n\n -78,146 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Book value | \n \n 14,629 | \n \n | \n\n 4,136 | \n \n | \n\n 16,259 | \n \n | \n\n 6,530 | \n \n | \n\n 4,247 | \n \n | \n\n 45,801 | \n
As of 31 December 2025, \u20ac2,152 of the book value of 'Right-of-use assets' related to premises and \u20ac2,095 to other fixed equipment. Depreciation totaled \u20ac925 and \u20ac519 respectively in 2025. Tangible fixed assets are insured at new-for-old value. A right of mortgage on immovable property amounting to \u20ac18.9 million (in 2024: \u20ac18.9 million) has been granted as security for bank debts. The useful life of assets measured as 'Right-of-use assets' is in all cases at least equal to the period of the remaining lease payments.
Lease liabilities entered into stood at \u20ac4,422 as of 31 December 2025 (as of 31 December 2024: \u20ac1,744). The increase in liabilities primarily reflects the expiration of a lease in the US, the subsequent leasing of alternative premises for a five-year term, and the leasing of vehicles rather than purchasing them in the Netherlands as part of the electrification of Nedap\u2019s fleet. Further details on leases are provided in note 9.
\n| \n | \n\n Company buildings and premises | \n \n | \n\n Other fixed equipment | \n \n | \n\n Total | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Lease liabilities as of 31 December 2024 | \n \n | \n\n | \n\n | \n\n | \n\n | \n
| \n Current (<= 1 year) | \n \n 698 | \n \n | \n\n 290 | \n \n | \n\n 988 | \n
| \n Long-term (> 1 year) | \n \n 307 | \n \n | \n\n 449 | \n \n | \n\n 756 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n 1,005 | \n \n | \n\n 739 | \n \n | \n\n 1,744 | \n
| \n Movements in 2025 | \n \n | \n\n | \n\n | \n\n | \n\n | \n
| \n Current (<= 1 year) | \n \n 115 | \n \n | \n\n 386 | \n \n | \n\n 501 | \n
| \n Long-term (> 1 year) | \n \n 1,177 | \n \n | \n\n 1,000 | \n \n | \n\n 2,177 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n 1,292 | \n \n | \n\n 1,386 | \n \n | \n\n 2,678 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Lease liabilities as of 31 December 2025 | \n \n | \n\n | \n\n | \n\n | \n\n | \n
| \n Current (<= 1 year) | \n \n 813 | \n \n | \n\n 676 | \n \n | \n\n 1,489 | \n
| \n Long-term (> 1 year) | \n \n 1,484 | \n \n | \n\n 1,449 | \n \n | \n\n 2,933 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n 2,297 | \n \n | \n\n 2,125 | \n \n | \n\n 4,422 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n The interest amounts on lease liabilities recognized as a cost in 2025 amounted to \u20ac170 (\u20ac67 in 2024). | \n \n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Recognized in the financial year | \n \n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Short-term lease costs | \n \n 5 | \n \n | \n\n 88 | \n \n | \n\n 93 | \n
| \n Low-value lease costs | \n \n 4 | \n \n | \n\n 12 | \n \n | \n\n 16 | \n
| \n Total lease payments | \n \n 1,082 | \n \n | \n\n 682 | \n \n | \n\n 1,764 | \n
In some cases, Nedap has the option to extend contracts it has entered into, especially those relating to the leasing of company buildings.\u00a0Extension is then subject to pre-agreed conditions. There are very few lease liabilities for which, as a result of application of IFRS 16, extension options are measured because it is reasonably certain that Nedap will exercise the option.
", "dimensions": { "concept": "ifrs-full:DisclosureOfLeasesExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5392m4100p": { "value": "\n| \n | \n\n Company buildings and premises | \n \n | \n\n Machinery and installations | \n \n | \n\n Other fixed equipment* | \n \n | \n\n In progress and prepayments | \n \n | \n\n Right-of-use assets | \n \n | \n\n Total tangible fixed assets | \n
|---|---|---|---|---|---|---|---|---|---|---|---|
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Year-end 2023 | \n \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Purchase price | \n \n 43,074 | \n \n | \n\n 19,628 | \n \n | \n\n 48,408 | \n \n | \n\n 2,199 | \n \n | \n\n 4,782 | \n \n | \n\n 118,091 | \n
| \n Depreciation including impairments | \n \n -25,937 | \n \n | \n\n -14,640 | \n \n | \n\n -31,795 | \n \n | \n\n - | \n \n | \n\n -3,083 | \n \n | \n\n -75,455 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Book value | \n \n 17,137 | \n \n | \n\n 4,988 | \n \n | \n\n 16,613 | \n \n | \n\n 2,199 | \n \n | \n\n 1,699 | \n \n | \n\n 42,636 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Movements in 2024 | \n \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Investment | \n \n 1,187 | \n \n | \n\n 652 | \n \n | \n\n 2,871 | \n \n | \n\n 5,720 | \n \n | \n\n 1,131 | \n \n | \n\n 11,561 | \n
| \n Completed assets in progress | \n \n - | \n \n | \n\n - | \n \n | \n\n 2,199 | \n \n | \n\n -2,199 | \n \n | \n\n - | \n \n | \n\n - | \n
| \n Disposal (on balance) | \n \n - | \n \n | \n\n - | \n \n | \n\n -158 | \n \n | \n\n - | \n \n | \n\n -66 | \n \n | \n\n -224 | \n
| \n Exchange differences | \n \n - | \n \n | \n\n - | \n \n | \n\n 19 | \n \n | \n\n - | \n \n | \n\n 27 | \n \n | \n\n 46 | \n
| \n Depreciation | \n \n -2,094 | \n \n | \n\n -955 | \n \n | \n\n -5,749 | \n \n | \n\n - | \n \n | \n\n -1,098 | \n \n | \n\n -9,896 | \n
| \n Impairments | \n \n - | \n \n | \n\n - | \n \n | \n\n -278 | \n \n | \n\n - | \n \n | \n\n - | \n \n | \n\n -278 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Net movements | \n \n -907 | \n \n | \n\n -303 | \n \n | \n\n -1,096 | \n \n | \n\n 3,521 | \n \n | \n\n -6 | \n \n | \n\n 1,209 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Disposals (Purchase price) | \n \n -23 | \n \n | \n\n -7,165 | \n \n | \n\n -4,339 | \n \n | \n\n - | \n \n | \n\n -334 | \n \n | \n\n -11,861 | \n
| \n Disposals (Depreciation) | \n \n 23 | \n \n | \n\n 7,165 | \n \n | \n\n 4,182 | \n \n | \n\n - | \n \n | \n\n 268 | \n \n | \n\n 11,638 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Year-end 2024 | \n \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Purchase price | \n \n 44,237 | \n \n | \n\n 13,116 | \n \n | \n\n 49,207 | \n \n | \n\n 5,720 | \n \n | \n\n 5,705 | \n \n | \n\n 117,985 | \n
| \n Depreciation including impairments | \n \n -28,007 | \n \n | \n\n -8,431 | \n \n | \n\n -33,690 | \n \n | \n\n - | \n \n | \n\n -4,012 | \n \n | \n\n -74,140 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Book value | \n \n 16,230 | \n \n | \n\n 4,685 | \n \n | \n\n 15,517 | \n \n | \n\n 5,720 | \n \n | \n\n 1,693 | \n \n | \n\n 43,845 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Movements in 2025 | \n \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Reclass in progress** | \n \n -844 | \n \n | \n\n -303 | \n \n | \n\n - | \n \n | \n\n 1,147 | \n \n | \n\n - | \n \n | \n\n - | \n
| \n Investment | \n \n 180 | \n \n | \n\n 111 | \n \n | \n\n 4,444 | \n \n | \n\n 3,806 | \n \n | \n\n 4,151 | \n \n | \n\n 12,692 | \n
| \n Completed assets in progress | \n \n 1,179 | \n \n | \n\n 609 | \n \n | \n\n 2,355 | \n \n | \n\n -4,143 | \n \n | \n\n - | \n \n | \n\n - | \n
| \n Disposal (on balance) | \n \n - | \n \n | \n\n - | \n \n | \n\n -360 | \n \n | \n\n - | \n \n | \n\n -64 | \n \n | \n\n -424 | \n
| \n Exchange differences | \n \n - | \n \n | \n\n - | \n \n | \n\n -42 | \n \n | \n\n - | \n \n | \n\n -89 | \n \n | \n\n -131 | \n
| \n Depreciation | \n \n -2,116 | \n \n | \n\n -966 | \n \n | \n\n -5,655 | \n \n | \n\n - | \n \n | \n\n -1,444 | \n \n | \n\n -10,181 | \n
| \n Impairments | \n \n - | \n \n | \n\n - | \n \n | \n\n - | \n \n | \n\n - | \n \n | \n\n - | \n \n | \n\n - | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Net movements | \n \n -1,601 | \n \n | \n\n -549 | \n \n | \n\n 742 | \n \n | \n\n 810 | \n \n | \n\n 2,554 | \n \n | \n\n 1,956 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Disposals (Purchase price) | \n \n - | \n \n | \n\n - | \n \n | \n\n -5,176 | \n \n | \n\n - | \n \n | \n\n -1,137 | \n \n | \n\n -6,313 | \n
| \n Disposals (Depreciation) | \n \n - | \n \n | \n\n - | \n \n | \n\n 4,816 | \n \n | \n\n - | \n \n | \n\n 1,073 | \n \n | \n\n 5,889 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Year-end 2025 | \n \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Purchase price | \n \n 44,752 | \n \n | \n\n 13,533 | \n \n | \n\n 50,679 | \n \n | \n\n 6,530 | \n \n | \n\n 8,453 | \n \n | \n\n 123,947 | \n
| \n Depreciation including impairments | \n \n -30,123 | \n \n | \n\n -9,397 | \n \n | \n\n -34,420 | \n \n | \n\n - | \n \n | \n\n -4,206 | \n \n | \n\n -78,146 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Book value | \n \n 14,629 | \n \n | \n\n 4,136 | \n \n | \n\n 16,259 | \n \n | \n\n 6,530 | \n \n | \n\n 4,247 | \n \n | \n\n 45,801 | \n
As of 31 December 2025, \u20ac2,152 of the book value of 'Right-of-use assets' related to premises and \u20ac2,095 to other fixed equipment. Depreciation totaled \u20ac925 and \u20ac519 respectively in 2025. Tangible fixed assets are insured at new-for-old value. A right of mortgage on immovable property amounting to \u20ac18.9 million (in 2024: \u20ac18.9 million) has been granted as security for bank debts. The useful life of assets measured as 'Right-of-use assets' is in all cases at least equal to the period of the remaining lease payments.
Lease liabilities entered into stood at \u20ac4,422 as of 31 December 2025 (as of 31 December 2024: \u20ac1,744). The increase in liabilities primarily reflects the expiration of a lease in the US, the subsequent leasing of alternative premises for a five-year term, and the leasing of vehicles rather than purchasing them in the Netherlands as part of the electrification of Nedap\u2019s fleet. Further details on leases are provided in note 9.
'Impairments' is explained under 'Impairment of assets'.
Geographical information on the book value of tangible fixed assets and intangible fixed assets:
| \n | \n\n 2025 | \n \n | \n\n 2024 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n The Netherlands | \n \n 56,613 | \n \n | \n\n 55,943 | \n
| \n Germany | \n \n 146 | \n \n | \n\n 174 | \n
| \n Other Europe | \n \n 790 | \n \n | \n\n 865 | \n
| \n Asia Pacific | \n \n 570 | \n \n | \n\n 224 | \n
| \n North America | \n \n 1,351 | \n \n | \n\n 254 | \n
| \n Other countries | \n \n 18 | \n \n | \n\n 91 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Total | \n \n 59,488 | \n \n | \n\n 57,551 | \n
| \n Balance as of 31 December 2025 | \n \n Deferred tax assets | \n \n | \n\n Deferred tax liabilities | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Tangible fixed assets | \n \n 20 | \n \n | \n\n - | \n
| \n Intangible fixed assets | \n \n - | \n \n | \n\n 944 | \n
| \n Anniversary benefits provision | \n \n - | \n \n | \n\n 8 | \n
| \n Inventories | \n \n 311 | \n \n | \n\n - | \n
| \n Other | \n \n 426 | \n \n | \n\n 419 | \n
| \n Offsettable loss | \n \n 139 | \n \n | \n\n - | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Total before offsetting | \n \n 896 | \n \n | \n\n 1,371 | \n
| \n Offsetting | \n \n -757 | \n \n | \n\n -757 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Total after offsetting | \n \n 139 | \n \n | \n\n 614 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Balance as of 31 December 2024 (before offsetting) | \n \n 1,403 | \n \n | \n\n 1,021 | \n
| \n Offsetting | \n \n -564 | \n \n | \n\n -564 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Balance as of 31 December 2024 (after offsetting) | \n \n 839 | \n \n | \n\n 457 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Withdrawals | \n \n -800 | \n \n | \n\n - | \n
| \n Additions | \n \n 293 | \n \n | \n\n 350 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Balance as of 31 December 2025 (before offsetting) | \n \n 896 | \n \n | \n\n 1,371 | \n
| \n Offsetting | \n \n -757 | \n \n | \n\n -757 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Balance as of 31 December 2025 (after offsetting) | \n \n 139 | \n \n | \n\n 614 | \n
These receivables relate to the losses brought forward and deferred taxation. The offsettable profit or loss relates to deferred tax assets at three subsidiaries.
For the most part, these losses can be carried forward indefinitely.
As of 31 December 2025, there were no temporary differences, uncompensated tax losses, or unused tax credits for which no deferred tax assets had been recognized.
", "dimensions": { "concept": "ifrs-full:DisclosureOfDeferredTaxesExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5391m4099p": { "value": "\n| \n | \n\n 2025 | \n \n | \n\n 2024 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Raw materials | \n \n 3,079 | \n \n | \n\n 6,778 | \n
| \n Products in progress | \n \n 660 | \n \n | \n\n 475 | \n
| \n (Semi-)finished goods (procured and manufactured) | \n \n 26,227 | \n \n | \n\n 24,785 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Total | \n \n 29,966 | \n \n | \n\n 32,038 | \n
A total amount of \u20ac2,863 (in 2024: \u20ac3,333) of inventories has been written down to a lower realizable value.
Inventories recognized as an expense during the year ended 31 December 2025 amounted to \u20ac71,480 (in 2024: \u20ac60,119). These were included in cost of materials and outsourced work.\u00a0Costs of write-down of inventory, which are recognized in cost of materials and outsourced work, amounted to \u20ac582 in 2025 (in 2024: \u20ac1,338).
", "dimensions": { "concept": "ifrs-full:DisclosureOfInventoriesExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5405m4107p": { "value": "\n| \n | \n\n 2025 | \n \n | \n\n 2024 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Trade receivables | \n \n 35,639 | \n \n | \n\n 32,710 | \n
| \n Other receivables and prepayments and accrued income | \n \n 7,724 | \n \n | \n\n 7,913 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Total | \n \n 43,363 | \n \n | \n\n 40,623 | \n
Of the trade and other receivables, \u20ac641 (in 2024: \u20ac687) has a term of over one year.
Of the trade receivables, 93% (in 2024: 95%) are either not yet due or in the first month after the agreed payment date.
Of the remaining 7% (in 2024: 5%), 6% (in 2024: 3%) are a maximum of 90 days overdue and 1% (in 2024: 2%) are over 90 days overdue.
In the case of the latter 1% of trade receivables, the receivables covered by credit insurance have been handed over to Nedap\u2019s credit insurer for collection.
| \n Movements in provision for trade receivables | \n \n 2025 | \n \n | \n\n 2024 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Balance as of 1 January | \n \n 287 | \n \n | \n\n 158 | \n
| \n Withdrawals | \n \n -226 | \n \n | \n\n -45 | \n
| \n Additions | \n \n 56 | \n \n | \n\n 174 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Balance as of 31 December | \n \n 117 | \n \n | \n\n 287 | \n
In 2025, the average credit term for trade accounts receivable was 6.2 weeks (in 2024: 6.2 weeks). Nedap has insured the credit risk in its trade receivables wherever possible. The companies that cover the insurance risk are rated by global rating agencies with an A-rating, or better. A total of 92% of the trade receivable balance is covered (in 2024: 91%), with a pay-out of 90% (in 2024: 90%). The total amount of uncovered credit risk is \u20ac2,884 (in 2024: \u20ac2,841).
The expected credit loss model has been applied for those receivables without credit risk insurance that have not been remeasured downward. The expected credit loss percentage is based on historical credit losses over the past 12 months.
", "dimensions": { "concept": "ifrs-full:DisclosureOfTradeAndOtherReceivablesExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5386m4097p": { "value": "| \n Movements in provision for trade receivables | \n \n 2025 | \n \n | \n\n 2024 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Balance as of 1 January | \n \n 287 | \n \n | \n\n 158 | \n
| \n Withdrawals | \n \n -226 | \n \n | \n\n -45 | \n
| \n Additions | \n \n 56 | \n \n | \n\n 174 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Balance as of 31 December | \n \n 117 | \n \n | \n\n 287 | \n
In 2025, the average credit term for trade accounts receivable was 6.2 weeks (in 2024: 6.2 weeks). Nedap has insured the credit risk in its trade receivables wherever possible. The companies that cover the insurance risk are rated by global rating agencies with an A-rating, or better. A total of 92% of the trade receivable balance is covered (in 2024: 91%), with a pay-out of 90% (in 2024: 90%). The total amount of uncovered credit risk is \u20ac2,884 (in 2024: \u20ac2,841).
The expected credit loss model has been applied for those receivables without credit risk insurance that have not been remeasured downward. The expected credit loss percentage is based on historical credit losses over the past 12 months.
", "dimensions": { "concept": "ifrs-full:DisclosureOfAllowanceForCreditLossesExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5364m4086p": { "value": "\n| \n | \n\n 2025 | \n \n | \n\n 2024 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Cash | \n \n - | \n \n | \n\n - | \n
| \n Banks | \n \n 3,376 | \n \n | \n\n 4,357 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Total | \n \n 3,376 | \n \n | \n\n 4,357 | \n
Cash and cash equivalents are readily available.
Nedap N.V. has entered into a saldo and netting arrangement with its relationship bank under which multiple bank accounts within the same legal entity are subject to automatic and legally enforceable set-off. Under this arrangement, only a single net balance per currency represents a legally enforceable claim or obligation between Nedap and the bank.
In accordance with IAS 32.42, Nedap presents the resulting net balance as one amount in the statement of financial position, as:
a legally enforceable right of set-off exists; and
settlement occurs on a net basis in accordance with the contractual terms.
As of 31 December 2025, the gross amount of bank balances subject to the netting arrangement amounts to \u20ac6,063. Within this amount, bank overdrafts of \u20ac2,687 are included. These overdrafts are not presented separately, as they form part of the legally enforceable net position under the saldo arrangement.
There are no additional amounts subject to set-off that are not already reflected in the net balance presented in the statement of financial position.
", "dimensions": { "concept": "ifrs-full:DisclosureOfCashAndCashEquivalentsExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5597m4111p": { "value": "\nThe company\u2019s authorized share capital consists of 15,611,000 ordinary shares and 15,611,000 preference shares, all with a nominal value of \u20ac0.10 each. 6,692,920 ordinary shares have been issued and paid up.
The average number of outstanding shares in 2025 was 6,605,616 (in 2024: 6,581,074).
As of 31 December 2025, 6,610,646 shares were outstanding (as of 31 December 2024: 6,588,525).
As of 31 December 2025, the company held 82,274 of its own shares\u00a0(as of 31 December 2024: 104,395) that are expected to be transferred to employees under the employee participation plans.
", "dimensions": { "concept": "ifrs-full:DisclosureOfShareCapitalReservesAndOtherEquityInterestExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5370m4091p": { "value": "The company\u2019s authorized share capital consists of 15,611,000 ordinary shares and 15,611,000 preference shares, all with a nominal value of \u20ac0.10 each. 6,692,920 ordinary shares have been issued and paid up.
The average number of outstanding shares in 2025 was 6,605,616 (in 2024: 6,581,074).
As of 31 December 2025, 6,610,646 shares were outstanding (as of 31 December 2024: 6,588,525).
", "dimensions": { "concept": "ifrs-full:DisclosureOfIssuedCapitalExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5417m4117p": { "value": "As of 31 December 2025, the company held 82,274 of its own shares\u00a0(as of 31 December 2024: 104,395) that are expected to be transferred to employees under the employee participation plans.
", "dimensions": { "concept": "ifrs-full:DisclosureOfTreasurySharesExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5382m4094p": { "value": "\n| \n Type of borrowing | \n \n Nominal interest rate | \n \n Maturity date | \n \n | \n\n | \n\n | \n\n 2025 | \n \n | \n\n 2024 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Standby Roll-Over | \n \n 3 months Euribor + 1.2% | \n \n 2026 | \n \n | \n\n | \n\n | \n\n - | \n \n | \n\n 14,000 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Balance as of 31 December | \n \n | \n\n | \n\n | \n\n | \n\n | \n\n - | \n \n | \n\n 14,000 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Repayment liabilities < 1 year | \n \n | \n\n | \n\n | \n\n | \n\n | \n\n - | \n \n | \n\n - | \n
| \n Repayment liabilities > 1 year and < 5 years | \n \n | \n\n | \n\n | \n\n | \n\n | \n\n - | \n \n | \n\n 14,000 | \n
| \n Repayment liabilities > 5 years | \n \n | \n\n | \n\n | \n\n | \n\n | \n\n - | \n \n | \n\n - | \n
The fair value of the borrowings is not materially different from their amortized cost.
The financing agreement with the bank for the Standby Roll-Over loan, set to expire on 1 April 2026, has been repaid in the financial year and a multi-purpose credit facility has been established.\u00a0The credit facility bears a variable interest rate comprising the average one-month Euribor, a variable Euribor market surcharge and a margin of 0.9%. Security has been provided in the form of a right of mortgage (\u20ac18.9 million, not including 40% for interest and costs) and a pledge of all fixtures and fittings (\u20ac26 million) and trade receivables (\u20ac30 million). All amounts are as of 31 December 2025, detailed in the Company financial statements. The pledge includes security for bank overdrafts (see note 12).
The General Terms and Conditions and the General Provisions for Credit Provision (for business clients) of ABN AMRO Bank N.V. apply to the agreement.
The agreement does not contain any covenants.
\nThe maximum overdraft under the facility is \u20ac35 million (in 2024: \u20ac25 million).
Every year, over the period from April to September inclusive, an additional facility of \u20ac10 million will be available (in 2024: \u20ac5 million).
For details on the multi-purpose credit facility see note 8.
", "dimensions": { "concept": "ifrs-full:DisclosureOfBorrowingsExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5403m4105p": { "value": "Security has been provided in the form of a right of mortgage (\u20ac18.9 million, not including 40% for interest and costs) and a pledge of all fixtures and fittings (\u20ac26 million) and trade receivables (\u20ac30 million). All amounts are as of 31 December 2025, detailed in the Company financial statements. The pledge includes security for bank overdrafts (see note 12).", "dimensions": { "concept": "ifrs-full:DisclosureOfCollateralExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5414m4115p": { "value": "\n| \n Anniversary benefits provision | \n \n 2025 | \n \n | \n\n 2024 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Balance as of 1 January | \n \n 1,120 | \n \n | \n\n 1,086 | \n
| \n Withdrawals | \n \n -113 | \n \n | \n\n -112 | \n
| \n Additions | \n \n 118 | \n \n | \n\n 146 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Balance as of 31 December | \n \n 1,125 | \n \n | \n\n 1,120 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Measurement of the anniversary benefits provision | \n \n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Future salary increase | \n \n 3.50% | \n \n | \n\n 3.50% | \n
| \n Present value factor | \n \n 3.85% | \n \n | \n\n 3.35% | \n
Estimated likelihood to stay is related to employee age and the number of years of employment at Nedap.
Of the long-term part of the provision (\u20ac1,043), \u20ac304 relates to the period from 2027 to 2030 (>1 year <= 5 years).
\n| \n | \n\n 2025 | \n \n | \n\n 2024 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Wages and salaries | \n \n 92,953 | \n \n | \n\n 80,756 | \n
| \n Social security costs | \n \n 11,903 | \n \n | \n\n 11,528 | \n
| \n Pension costs | \n \n 5,908 | \n \n | \n\n 5,039 | \n
| \n Insourced staff | \n \n 11,147 | \n \n | \n\n 11,448 | \n
| \n Other personnel costs | \n \n 5,962 | \n \n | \n\n 6,031 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Total | \n \n 127,873 | \n \n | \n\n 114,802 | \n
Social security costs include a government grant of \u20ac-780 (in 2024: \u20ac-858).
The costs of share-based remuneration recognized in accordance with IFRS 2 consist of:
A 10% purchase discount that is charged to the result for the financial year in full.\u00a0Costs of bonus depositary receipts are charged to the profit or loss account over a period of five years. Combined, these costs amount to\u00a0\u20ac506 in the financial year (in 2024: \u20ac442).
Costs of remuneration that must be invested in depositary receipts in full (NAPP): \u20ac1,958 (in 2024: \u20ac0).
Costs for the Board of Directors\u2019 Long-Term Incentive plan: \u20ac146 (in 2024: N/A).
The fair value (in \u20ac x 1) of bonus and NAPP depositary receipts awarded in the financial year is \u20ac53.95 (in 2024: \u20ac56.52).
Costs for which a purchase discount and bonus depositary receipts are recognized are included under other personnel costs, while other costs are recognized as wages and salaries. Of these costs, \u20ac205 relates to the 2025 financial year (in 2024: \u20ac197); the remaining costs represent a roll-forward of amounts arising from prior years.
The part of the remuneration payable under the NAPP and employee participation plan that is settled through the legal entity\u2019s equity instruments has been\u00a0added to the share-based remuneration reserve. For two subsidiaries, it has been decided to not deliver this remuneration in the form of depositary receipts.\u00a0For these entities, share-based remuneration will be settled using cash and cash equivalents. This liability has been recognized at fair value under 'Trade and other payables'.
| \n Average number of employees | \n \n 2025 | \n \n | \n\n 2024 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n The Netherlands | \n \n 943 | \n \n | \n\n 917 | \n
| \n Other Europe | \n \n 49 | \n \n | \n\n 51 | \n
| \n Asia Pacific | \n \n 31 | \n \n | \n\n 33 | \n
| \n North America | \n \n 40 | \n \n | \n\n 39 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Total | \n \n 1,063 | \n \n | \n\n 1,040 | \n
| \n | \n\n Basic income | \n \n | \n\n Variable remuneration | \n \n | \n\n Employee participation plan benefits | \n \n | \n\n Long-Term Incentive (LTI) | \n \n | \n\n Pension costs | \n \n | \n\n Total | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n 20251 | \n \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Mr. R. M. Wegman | \n \n 505 | \n \n | \n\n 248 | \n \n | \n\n 31 | \n \n | \n\n 71 | \n \n | \n\n 109 | \n \n | \n\n 964 | \n
| \n Mr. R. Schuurman | \n \n 363 | \n \n | \n\n 175 | \n \n | \n\n 17 | \n \n | \n\n 50 | \n \n | \n\n 69 | \n \n | \n\n 674 | \n
| \n Ms. H. P. J. M. Jans | \n \n 179 | \n \n | \n\n 86 | \n \n | \n\n - | \n \n | \n\n 25 | \n \n | \n\n 30 | \n \n | \n\n 320 | \n
| \n Ms. D. van der Sluijs | \n \n 559 | \n \n | \n\n - | \n \n | \n\n 49 | \n \n | \n\n - | \n \n | \n\n 34 | \n \n | \n\n 642 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Total | \n \n 1,606 | \n \n | \n\n 509 | \n \n | \n\n 97 | \n \n | \n\n 146 | \n \n | \n\n 242 | \n \n | \n\n 2,600 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n 2024 | \n \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Mr. R. M. Wegman | \n \n 486 | \n \n | \n\n 267 | \n \n | \n\n 49 | \n \n | \n\n - | \n \n | \n\n 108 | \n \n | \n\n 910 | \n
| \n Ms. D. van der Sluijs | \n \n 347 | \n \n | \n\n 189 | \n \n | \n\n 31 | \n \n | \n\n - | \n \n | \n\n 58 | \n \n | \n\n 625 | \n
| \n Mr. R. Schuurman | \n \n 306 | \n \n | \n\n 166 | \n \n | \n\n 25 | \n \n | \n\n - | \n \n | \n\n 61 | \n \n | \n\n 558 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Total | \n \n 1,139 | \n \n | \n\n 622 | \n \n | \n\n 105 | \n \n | \n\n - | \n \n | \n\n 227 | \n \n | \n\n 2,093 | \n
Basic income and variable remuneration are considered short-term benefits, benefits of the employee participation plan qualify as share-based payments and pension costs are post-employment benefits.
Up to and including the 2024 financial year, the members of the Board of Directors were required to invest at least 50% of their variable remuneration in the Stichting Medewerkerparticipatie Nedap in exchange for Nedap depositary receipts. The depositary receipts are locked up for a period of five years. The requirement to invest no longer applies from 2025 onward. Depositary receipts acquired prior to 2025 remain subject to their original lock-up periods.
The benefits offered by the Employee Participation Plan are the 10% purchase discount on the depositary receipts and entitlement to bonus depositary receipts (after four years).
The members of the Board of Directors have used their variable remuneration for the financial year as follows for the purchase of depositary receipts (the plan is no longer available to the Board of Directors from 2025 onward):
| \n | \n\n 2025 | \n \n | \n\n 2024 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Mr. R. M. Wegman | \n \n - | \n \n | \n\n 100% | \n
| \n Mr. R. Schuurman | \n \n - | \n \n | \n\n 100% | \n
| \n Ms. H. P. J. M. Jans | \n \n - | \n \n | \n\n - | \n
| \n Ms. D. van der Sluijs | \n \n - | \n \n | \n\n 75% | \n
The Long-Term Incentive (LTI) plan for the Board of Directors is designed to promote sustainable long-term value creation and to align the interests of directors with those of shareholders. The LTI takes the form of a Performance Share Unit (PSU) plan, under which conditional performance shares are granted annually. The on-target value of the LTI award amounts to 50% of fixed annual income, with a maximum opportunity of 75%, depending on performance. Vesting is subject to the achievement of predefined performance criteria measured over a three-year performance period (2025\u20132027). These criteria comprise sales growth within key markets (40%), earnings per share growth (35%) and ESG objectives (25%), reflecting Nedap\u2019s strategic, financial and sustainability priorities. For each criterion, vesting ranges from 0% below threshold to a maximum of 150% at outstanding performance. Shares that vest after the three-year performance period are subject to a subsequent two-year holding period, during which members of the Board of Directors are required to retain the shares, except for those sold to meet tax and social security obligations. This structure reinforces a long-term focus and supports sustained value creation for the company.
| \n 2025 | \n \n Basic salary as of 31/12 (\u20ac x 1,000) | \n \n | \n\n Award value | \n \n | \n\n Share price | \n \n | \n\n Granted PSUs | \n \n | \n\n Fair value | \n \n | \n\n Costs (\u20ac x 1,000) | \n
|---|---|---|---|---|---|---|---|---|---|---|---|
| \n Total | \n \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n 146 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Mr. R. M. Wegman | \n \n 496 | \n \n | \n\n 50% | \n \n | \n\n 62.40 | \n \n | \n\n 3,977 | \n \n | \n\n 53.77 | \n \n | \n\n 71 | \n
| \n Mr. R. Schuurman | \n \n 350 | \n \n | \n\n 50% | \n \n | \n\n 62.40 | \n \n | \n\n 2,805 | \n \n | \n\n 53.77 | \n \n | \n\n 50 | \n
| \n Ms. H. P. J. M. Jans | \n \n 345 | \n \n | \n\n 50% | \n \n | \n\n 62.40 | \n \n | \n\n 1,382 | \n \n | \n\n 53.77 | \n \n | \n\n 25 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
The number of conditionally granted performance shares under the LTI plan is determined by reference to the average Nedap share price over the five trading days immediately preceding the grant date. The fair value of the granted performance share units is determined at grant date in accordance with applicable accounting standards. In calculating the fair value, an adjustment is applied to reflect the absence of dividend entitlement during the vesting and holding periods. This adjustment is based on a discount equal to the average dividend yield of Nedap shares over the past five years.
In 2025, no PSUs vested or were forfeited.
\n| \n | \n\n Shares and depositary receipts held as of year-end | \n \n | \n\n Bonus depositary receipts not yet awarded as of year-end | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n 2025 | \n \n | \n\n | \n\n | \n
| \n Mr. R. M. Wegman | \n \n 55,069 | \n \n | \n\n 2,764 | \n
| \n Mr. R. Schuurman | \n \n 10,426 | \n \n | \n\n 1,463 | \n
| \n Ms. H. P. J. M. Jans | \n \n - | \n \n | \n\n - | \n
| \n Ms. D. van der Sluijs | \n \n 8,184 | \n \n | \n\n - | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Total | \n \n 73,679 | \n \n | \n\n 4,227 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n 2024 | \n \n | \n\n | \n\n | \n
| \n Mr. R. M. Wegman | \n \n 51,608 | \n \n | \n\n 2,817 | \n
| \n Ms. D. van der Sluijs | \n \n 6,469 | \n \n | \n\n 1,618 | \n
| \n Mr. R. Schuurman | \n \n 8,592 | \n \n | \n\n 1,182 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Total | \n \n 66,669 | \n \n | \n\n 5,617 | \n
Nedap has not granted the Supervisory Board any rights to acquire Nedap depositary receipts.
The company has not granted the Board of Directors or Supervisory Board members any loans or guarantees. Further details of the remuneration policy are provided in the Governance & Risk chapter of this report.
\n| \n | \n\n 2025 | \n \n | \n\n 2024 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Mr. P. A. M. van Bommel | \n \n 66 | \n \n | \n\n 50 | \n
| \n Ms. K. T. V. Bergstein (from 17 April 2025) | \n \n 33 | \n \n | \n\n - | \n
| \n Mr. J. M. L. van Engelen (until 17 April 2025) | \n \n 13 | \n \n | \n\n 40 | \n
| \n Ms. M. Pijnenborg | \n \n 49 | \n \n | \n\n 40 | \n
| \n Mr. S. C. Santema | \n \n 46 | \n \n | \n\n 40 | \n
| \n Ms. M. A. Scheltema | \n \n 49 | \n \n | \n\n 40 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Total | \n \n 256 | \n \n | \n\n 210 | \n
The total remuneration for the Board of Directors and the Supervisory Board members (key management personnel) for the year amounts to \u20ac2,856 (in 2024: \u20ac2,303).
", "dimensions": { "concept": "ifrs-full:DisclosureOfEmployeeBenefitsExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5408m4110p": { "value": "\n| \n Guarantee provision | \n \n 2025 | \n \n | \n\n 2024 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Balance as of 1 January | \n \n 1,342 | \n \n | \n\n 1,692 | \n
| \n Withdrawals | \n \n -778 | \n \n | \n\n -1,023 | \n
| \n Additions | \n \n 631 | \n \n | \n\n 673 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Balance as of 31 December | \n \n 1,195 | \n \n | \n\n 1,342 | \n
The part of the provisions with a term of under one year, \u20ac638 (in 2024: \u20ac878), is recognized under short-term liabilities. Of the long-term part of the provision, \u20ac0 (in 2024: \u20ac0) relates to the period after 2030 (more than five years).
To the extent that guarantee costs cannot be determined for individual products, the guarantee provision is made up of historic guarantee costs per product category and linked to outstanding periods during which customers can still submit guarantee claims.
The guarantee period differs per product category.
Due to the short-term nature of the provisions, no discounting was applied.
", "dimensions": { "concept": "ifrs-full:DisclosureOfProvisionsExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5425m4123p": { "value": "\n| \n | \n\n 2025 | \n \n | \n\n 2024 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Trade payables | \n \n 12,563 | \n \n | \n\n 14,027 | \n
| \n Liabilities on account of investments | \n \n 777 | \n \n | \n\n 196 | \n
| \n Prepayments received | \n \n 980 | \n \n | \n\n 901 | \n
| \n Other liabilities and accruals and deferred income | \n \n 18,005 | \n \n | \n\n 15,373 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Total | \n \n 32,325 | \n \n | \n\n 30,497 | \n
An amount of \u20ac383 (in 2024: \u20ac318) of other liabilities and accruals and deferred income relates to payables with a term of over one year. Prepayments received as of 31 December 2024 were recognized as revenue in 2025.
The majority of other liabilities, accruals and deferred income relate to accrued expenses for salary payments and other costs associated with the financial year.
", "dimensions": { "concept": "ifrs-full:DisclosureOfTradeAndOtherPayablesExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5430m4128p": { "value": "\n| \n | \n\n 2025 | \n \n | \n\n 2024 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Products, systems and installations | \n \n 168,332 | \n \n | \n\n 151,413 | \n
| \n Software subscriptions (licenses) and services | \n \n 111,481 | \n \n | \n\n 100,193 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Total | \n \n 279,813 | \n \n | \n\n 251,606 | \n
Software subscriptions (licenses) and services consist mainly of subscriptions and maintenance contracts for Healthcare, Retail and Security.
| \n Geographical sales areas | \n \n 2025 | \n \n | \n\n 2024 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n The Netherlands | \n \n 119,866 | \n \n | \n\n 101,347 | \n
| \n Germany | \n \n 30,657 | \n \n | \n\n 28,560 | \n
| \n Other Europe | \n \n 70,870 | \n \n | \n\n 64,285 | \n
| \n North America | \n \n 40,541 | \n \n | \n\n 38,032 | \n
| \n Other countries | \n \n 17,879 | \n \n | \n\n 19,382 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Total | \n \n 279,813 | \n \n | \n\n 251,606 | \n
No customer represents sales in excess of 10% of total revenue.
", "dimensions": { "concept": "ifrs-full:DisclosureOfRevenueFromContractsWithCustomersExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5634m4088p": { "value": "Social security costs include a government grant of \u20ac-780 (in 2024: \u20ac-858).
", "dimensions": { "concept": "ifrs-full:DisclosureOfGovernmentGrantsExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5407m4109p": { "value": "| \n Average number of employees | \n \n 2025 | \n \n | \n\n 2024 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n The Netherlands | \n \n 943 | \n \n | \n\n 917 | \n
| \n Other Europe | \n \n 49 | \n \n | \n\n 51 | \n
| \n Asia Pacific | \n \n 31 | \n \n | \n\n 33 | \n
| \n North America | \n \n 40 | \n \n | \n\n 39 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Total | \n \n 1,063 | \n \n | \n\n 1,040 | \n
| \n | \n\n Basic income | \n \n | \n\n Variable remuneration | \n \n | \n\n Employee participation plan benefits | \n \n | \n\n Long-Term Incentive (LTI) | \n \n | \n\n Pension costs | \n \n | \n\n Total | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n 20251 | \n \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Mr. R. M. Wegman | \n \n 505 | \n \n | \n\n 248 | \n \n | \n\n 31 | \n \n | \n\n 71 | \n \n | \n\n 109 | \n \n | \n\n 964 | \n
| \n Mr. R. Schuurman | \n \n 363 | \n \n | \n\n 175 | \n \n | \n\n 17 | \n \n | \n\n 50 | \n \n | \n\n 69 | \n \n | \n\n 674 | \n
| \n Ms. H. P. J. M. Jans | \n \n 179 | \n \n | \n\n 86 | \n \n | \n\n - | \n \n | \n\n 25 | \n \n | \n\n 30 | \n \n | \n\n 320 | \n
| \n Ms. D. van der Sluijs | \n \n 559 | \n \n | \n\n - | \n \n | \n\n 49 | \n \n | \n\n - | \n \n | \n\n 34 | \n \n | \n\n 642 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Total | \n \n 1,606 | \n \n | \n\n 509 | \n \n | \n\n 97 | \n \n | \n\n 146 | \n \n | \n\n 242 | \n \n | \n\n 2,600 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n 2024 | \n \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Mr. R. M. Wegman | \n \n 486 | \n \n | \n\n 267 | \n \n | \n\n 49 | \n \n | \n\n - | \n \n | \n\n 108 | \n \n | \n\n 910 | \n
| \n Ms. D. van der Sluijs | \n \n 347 | \n \n | \n\n 189 | \n \n | \n\n 31 | \n \n | \n\n - | \n \n | \n\n 58 | \n \n | \n\n 625 | \n
| \n Mr. R. Schuurman | \n \n 306 | \n \n | \n\n 166 | \n \n | \n\n 25 | \n \n | \n\n - | \n \n | \n\n 61 | \n \n | \n\n 558 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Total | \n \n 1,139 | \n \n | \n\n 622 | \n \n | \n\n 105 | \n \n | \n\n - | \n \n | \n\n 227 | \n \n | \n\n 2,093 | \n
Basic income and variable remuneration are considered short-term benefits, benefits of the employee participation plan qualify as share-based payments and pension costs are post-employment benefits.
Up to and including the 2024 financial year, the members of the Board of Directors were required to invest at least 50% of their variable remuneration in the Stichting Medewerkerparticipatie Nedap in exchange for Nedap depositary receipts. The depositary receipts are locked up for a period of five years. The requirement to invest no longer applies from 2025 onward. Depositary receipts acquired prior to 2025 remain subject to their original lock-up periods.
The benefits offered by the Employee Participation Plan are the 10% purchase discount on the depositary receipts and entitlement to bonus depositary receipts (after four years).
The members of the Board of Directors have used their variable remuneration for the financial year as follows for the purchase of depositary receipts (the plan is no longer available to the Board of Directors from 2025 onward):
| \n | \n\n 2025 | \n \n | \n\n 2024 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Mr. R. M. Wegman | \n \n - | \n \n | \n\n 100% | \n
| \n Mr. R. Schuurman | \n \n - | \n \n | \n\n 100% | \n
| \n Ms. H. P. J. M. Jans | \n \n - | \n \n | \n\n - | \n
| \n Ms. D. van der Sluijs | \n \n - | \n \n | \n\n 75% | \n
The Long-Term Incentive (LTI) plan for the Board of Directors is designed to promote sustainable long-term value creation and to align the interests of directors with those of shareholders. The LTI takes the form of a Performance Share Unit (PSU) plan, under which conditional performance shares are granted annually. The on-target value of the LTI award amounts to 50% of fixed annual income, with a maximum opportunity of 75%, depending on performance. Vesting is subject to the achievement of predefined performance criteria measured over a three-year performance period (2025\u20132027). These criteria comprise sales growth within key markets (40%), earnings per share growth (35%) and ESG objectives (25%), reflecting Nedap\u2019s strategic, financial and sustainability priorities. For each criterion, vesting ranges from 0% below threshold to a maximum of 150% at outstanding performance. Shares that vest after the three-year performance period are subject to a subsequent two-year holding period, during which members of the Board of Directors are required to retain the shares, except for those sold to meet tax and social security obligations. This structure reinforces a long-term focus and supports sustained value creation for the company.
| \n 2025 | \n \n Basic salary as of 31/12 (\u20ac x 1,000) | \n \n | \n\n Award value | \n \n | \n\n Share price | \n \n | \n\n Granted PSUs | \n \n | \n\n Fair value | \n \n | \n\n Costs (\u20ac x 1,000) | \n
|---|---|---|---|---|---|---|---|---|---|---|---|
| \n Total | \n \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n 146 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Mr. R. M. Wegman | \n \n 496 | \n \n | \n\n 50% | \n \n | \n\n 62.40 | \n \n | \n\n 3,977 | \n \n | \n\n 53.77 | \n \n | \n\n 71 | \n
| \n Mr. R. Schuurman | \n \n 350 | \n \n | \n\n 50% | \n \n | \n\n 62.40 | \n \n | \n\n 2,805 | \n \n | \n\n 53.77 | \n \n | \n\n 50 | \n
| \n Ms. H. P. J. M. Jans | \n \n 345 | \n \n | \n\n 50% | \n \n | \n\n 62.40 | \n \n | \n\n 1,382 | \n \n | \n\n 53.77 | \n \n | \n\n 25 | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
The number of conditionally granted performance shares under the LTI plan is determined by reference to the average Nedap share price over the five trading days immediately preceding the grant date. The fair value of the granted performance share units is determined at grant date in accordance with applicable accounting standards. In calculating the fair value, an adjustment is applied to reflect the absence of dividend entitlement during the vesting and holding periods. This adjustment is based on a discount equal to the average dividend yield of Nedap shares over the past five years.
In 2025, no PSUs vested or were forfeited.
\n| \n | \n\n Shares and depositary receipts held as of year-end | \n \n | \n\n Bonus depositary receipts not yet awarded as of year-end | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n 2025 | \n \n | \n\n | \n\n | \n
| \n Mr. R. M. Wegman | \n \n 55,069 | \n \n | \n\n 2,764 | \n
| \n Mr. R. Schuurman | \n \n 10,426 | \n \n | \n\n 1,463 | \n
| \n Ms. H. P. J. M. Jans | \n \n - | \n \n | \n\n - | \n
| \n Ms. D. van der Sluijs | \n \n 8,184 | \n \n | \n\n - | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Total | \n \n 73,679 | \n \n | \n\n 4,227 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n 2024 | \n \n | \n\n | \n\n | \n
| \n Mr. R. M. Wegman | \n \n 51,608 | \n \n | \n\n 2,817 | \n
| \n Ms. D. van der Sluijs | \n \n 6,469 | \n \n | \n\n 1,618 | \n
| \n Mr. R. Schuurman | \n \n 8,592 | \n \n | \n\n 1,182 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Total | \n \n 66,669 | \n \n | \n\n 5,617 | \n
Nedap has not granted the Supervisory Board any rights to acquire Nedap depositary receipts.
The company has not granted the Board of Directors or Supervisory Board members any loans or guarantees. Further details of the remuneration policy are provided in the Governance & Risk chapter of this report.
\n| \n | \n\n 2025 | \n \n | \n\n 2024 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Mr. P. A. M. van Bommel | \n \n 66 | \n \n | \n\n 50 | \n
| \n Ms. K. T. V. Bergstein (from 17 April 2025) | \n \n 33 | \n \n | \n\n - | \n
| \n Mr. J. M. L. van Engelen (until 17 April 2025) | \n \n 13 | \n \n | \n\n 40 | \n
| \n Ms. M. Pijnenborg | \n \n 49 | \n \n | \n\n 40 | \n
| \n Mr. S. C. Santema | \n \n 46 | \n \n | \n\n 40 | \n
| \n Ms. M. A. Scheltema | \n \n 49 | \n \n | \n\n 40 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Total | \n \n 256 | \n \n | \n\n 210 | \n
The total remuneration for the Board of Directors and the Supervisory Board members (key management personnel) for the year amounts to \u20ac2,856 (in 2024: \u20ac2,303).
", "dimensions": { "concept": "ifrs-full:DisclosureOfInformationAboutKeyManagementPersonnelExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5365m4087p": { "value": "\n| \n | \n\n 2025 | \n \n | \n\n 2024 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Development costs | \n \n 709 | \n \n | \n\n 345 | \n
| \n Software and licenses | \n \n 867 | \n \n | \n\n 225 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Total | \n \n 1,576 | \n \n | \n\n 570 | \n
| \n | \n\n 2025 | \n \n | \n\n 2024 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Company buildings | \n \n 2,116 | \n \n | \n\n 2,094 | \n
| \n Machinery and installations | \n \n 966 | \n \n | \n\n 955 | \n
| \n Other fixed equipment | \n \n 5,655 | \n \n | \n\n 5,749 | \n
| \n Right-of-use assets | \n \n 1,444 | \n \n | \n\n 1,098 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Total | \n \n 10,181 | \n \n | \n\n 9,896 | \n
| \n | \n\n 2025 | \n \n | \n\n 2024 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Impairment of assets | \n \n 566 | \n \n | \n\n 278 | \n
Impairment of assets relates to legacy administrative software.\u00a0This impairment reflects the decision to replace on-premise software with a future-proof, cloud-based solution (in 2024: scaling down of Staffing Solutions).
", "dimensions": { "concept": "ifrs-full:DisclosureOfImpairmentOfAssetsExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5429m4127p": { "value": "\nThe costs of foreign exchange differences recognized in profit or loss amount to\u00a0\u20ac408 (in 2024: \u20ac-90).
Other operating costs include general, housing, indirect manufacturing and selling costs.
", "dimensions": { "concept": "ifrs-full:DisclosureOfOtherOperatingExpenseExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5373m4092p": { "value": "\n| \n | \n\n 2025 | \n \n | \n\n 2024 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Profit before taxation | \n \n 31,134 | \n \n | \n\n 22,945 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Income tax | \n \n 5,698 | \n \n | \n\n 3,420 | \n
| \n Deferred income tax | \n \n 850 | \n \n | \n\n 998 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Total income tax | \n \n 6,548 | \n \n | \n\n 4,418 | \n
| \n Reconciliation of effective tax rate: | \n \n 2025 | \n \n | \n\n 2024 | \n ||||
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Income tax based on Dutch tax rate | \n \n 8,033 | \n \n | \n\n 25.8% | \n \n | \n\n 5,920 | \n \n | \n\n 25.8% | \n
| \n Change in domestic tax rate | \n \n -14 | \n \n | \n\n 0.0% | \n \n | \n\n -14 | \n \n | \n\n -0.1% | \n
| \n Effect of tax rate for non-resident group entities | \n \n 22 | \n \n | \n\n 0.1% | \n \n | \n\n -40 | \n \n | \n\n -0.2% | \n
| \n Non-deductible expenditures | \n \n 493 | \n \n | \n\n 1.6% | \n \n | \n\n 248 | \n \n | \n\n 1.1% | \n
| \n Tax incentive schemes | \n \n -2,275 | \n \n | \n\n -7.3% | \n \n | \n\n -1,356 | \n \n | \n\n -5.9% | \n
| \n Rate change for deferred taxation | \n \n -65 | \n \n | \n\n -0.2% | \n \n | \n\n -335 | \n \n | \n\n -1.4% | \n
| \n Prior-year adjustment | \n \n 354 | \n \n | \n\n 1.0% | \n \n | \n\n -5 | \n \n | \n\n 0.0% | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n\n | \n
| \n Total | \n \n 6,548 | \n \n | \n\n 21.0% | \n \n | \n\n 4,418 | \n \n | \n\n 19.3% | \n
The change in the domestic tax rate is caused by a tax rate of 19.0% on the first \u20ac200 of taxable profit (in 2024: 19.0% on the first \u20ac200 of taxable profit).
The net tax rate for group entities outside the Netherlands is higher than the nominal rate in the Netherlands, which leads to a 0.1% increase in the effective tax rate.
Non-deductible expenditures are largely costs relating to share-based remuneration.\u00a0Due to the non-deductibility for tax purposes of the net component of mandatory rewards related to depositary receipts under the N(A)PP reward scheme, non-deductible expenses increased compared to the prior year, in which no NAPP payout occurred.
Besides a small amount for the Energy/Environmental Investment Tax Credit ('Energie/Milieu Investerings Aftrek') of \u20ac-19 (in 2024: \u20ac-12), tax incentive schemes consist of benefits ensuing from application of the Innovation Box tax regime of \u20ac-2,256 (in 2024: \u20ac-1,344).
In 2024, the deduction related to tax incentive schemes was below the long-term average. Higher costs associated with internally developed capitalized fixed assets reduced taxable profit and, consequently, the base for incentive scheme benefits. A similar effect arose last year from commercial intercompany profits resulting from the reduction of inventory levels at subsidiaries, where taxation had already occurred upon the recognition of statutory revenue. In 2025, the level of tax incentive scheme benefits has now returned to the multi-year average.
Deferred tax assets and liabilities are measured at the weighted average tax rate, factoring in any arrangements under the Innovation Box tax regime.
Net income tax for 2024 has been paid or received. The difference between income tax paid of \u20ac-2,838 in the statement of cash flows and the payable amount of \u20ac6,548 is made up of advances paid in 2024 and previous years, as well as advances paid in 2025 on the profit expected for the financial year.
In 2020, the Dutch tax authorities communicated their opinion that the current transfer pricing method should also have been applied at Nedap Asia Ltd. in 2014 and 2015. According to the Dutch tax authorities, profits generated in Hong Kong should have largely been taxed in the Netherlands, prompting them to issue revised tax assessments for 2014 and 2015.
Nedap has contested these tax assessments by filing an objection. Over recent years, Nedap engaged in multiple discussions with the tax authorities to address this issue, providing further supporting documentation throughout the process. Despite these efforts and the additional information provided, the tax authorities maintained their position that the revised tax assessments were correctly issued. Consequently, in 2022, Nedap initiated a formal request to commence a Mutual Agreement Procedure (MAP) between the Netherlands and Hong Kong tax authorities to determine the jurisdiction of tax obligations.
In 2025, Nedap received a favorable decision in the MAP. The competent tax authorities in the Netherlands and Hong Kong agreed that Nedap\u2019s transfer pricing framework was appropriately applied, with the conclusion that the effective date should have been half a year earlier \u2013 1 July 2015 rather than 1 January 2016. This outcome does not fully align with Nedap\u2019s own assessment, but it did not provide sufficient grounds to pursue the available arbitration options.
The tax impact resulting from this adjustment, including the reversal of higher tax and collection interest recognized in prior years as these were ultimately determined at a lower level, has been recognized as a prior-year adjustment. As a consequence of a higher effective corporate income tax rate in the Netherlands, the overall effective tax rate increased slightly.
In addition, Nedap used the interaction with the Dutch tax authorities to include the settlement of tax assessments for 2023 and 2024 that had not yet been finalized. As part of this process, several other intercompany debt settlement positions between Nedap and its subsidiaries were agreed by mutual consent. As a result, all tax assessments up to and including 2024 have now become final and have been fully reflected in the tax expense.
", "dimensions": { "concept": "ifrs-full:DisclosureOfIncomeTaxExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5630m4222p": { "value": "\n| \n | \n\n 2025 | \n \n | \n\n 2024 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Cash and cash equivalents | \n \n 3,376 | \n \n | \n\n 4,357 | \n
| \n Short-term borrowings including bank overdrafts | \n \n - | \n \n | \n\n - | \n
| \n Long-term borrowings | \n \n - | \n \n | \n\n -14,000 | \n
| \n Lease liabilities | \n \n -4,422 | \n \n | \n\n -1,744 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Net financing position | \n \n -1,046 | \n \n | \n\n -11,387 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Cash and cash equivalents | \n \n 3,376 | \n \n | \n\n 4,357 | \n
| \n Fixed-interest borrowings | \n \n - | \n \n | \n\n - | \n
| \n Variable-interest borrowings | \n \n - | \n \n | \n\n -14,000 | \n
| \n Lease liabilities | \n \n -4,422 | \n \n | \n\n -1,744 | \n
| \n | \n\n | \n\n | \n\n | \n
| \n | \n\n | \n\n | \n\n | \n
| \n Net financing position | \n \n -1,046 | \n \n | \n\n -11,387 | \n
The long-term loan had a variable rate of interest.
", "dimensions": { "concept": "ifrs-full:DisclosureOfOtherLiabilitiesExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5600m4089p": { "value": "\nGuarantees issued by group companies in relation to building rental were \u20ac0 (in 2024: \u20ac360) and other \u20ac138 (in 2024: \u20ac138).
Nedap has received claims from several parties regarding Nedap\u2019s alleged failure to meet contractual obligations. Where necessary, provisions have been made, factoring in compensation that can be claimed under insurance policies. Nedap expects these claims to have limited financial consequences for Nedap.
", "dimensions": { "concept": "ifrs-full:DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5424m4122p": { "value": "Guarantees issued by group companies in relation to building rental were \u20ac0 (in 2024: \u20ac360) and other \u20ac138 (in 2024: \u20ac138).
", "dimensions": { "concept": "ifrs-full:DisclosureOfCommitmentsExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5369m4090p": { "value": "Nedap has received claims from several parties regarding Nedap\u2019s alleged failure to meet contractual obligations. Where necessary, provisions have been made, factoring in compensation that can be claimed under insurance policies. Nedap expects these claims to have limited financial consequences for Nedap.
", "dimensions": { "concept": "ifrs-full:DisclosureOfContingentLiabilitiesExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5385m4096p": { "value": "\nParties related to Nedap are the Stichting Preferente Aandelen Nedap and the members of the Supervisory Board and the Board of Directors. In the financial year, payments amounting to\u00a0\u20ac188 (in 2024: \u20ac0) were transferred to Stichting Preferente Aandelen Nedap. There were no other transactions with related parties during the financial year except as presented in the financial statements. Transactions are performed on a commercial basis.
", "dimensions": { "concept": "ifrs-full:DisclosureOfRelatedPartyExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } }, "f5632m4223p": { "value": "\nManagement has evaluated events and transactions occurring after the reporting date of 31 December 2025 through the date on which these financial statements were authorized for issue, in accordance with IAS 10, Events after the Reporting Period. No events have occurred that would require adjustment to or disclosure in these financial statements.
", "dimensions": { "concept": "ifrs-full:DisclosureOfEventsAfterReportingPeriodExplanatory", "language": "en", "entity": "scheme:724500X4WAS3V33MVX37", "period": "2025-01-01T00:00:00/2026-01-01T00:00:00" } } } }