Notes And Other Explanatory Information [Abstract]

Corbion N.V. - Filing #5829970

Concept 2024-01-01 to
2024-12-31
Notes and other explanatory information [abstract]
Disclosure of accounting judgements and estimates [text block]
Critical accounting estimates and judgments
Disclosure of auditors' remuneration [text block]
Total fees charged by the auditor can be specified as follows.
Disclosure of authorisation of financial statements [text block]
These consolidated financial statements cover the year 2024, which ended at the balance sheet date of 31 December 2024. The consolidated financial statements drawn up by the Board of Management have been approved by the Supervisory Board on 26 February 2025. They will be presented to the annual General Meeting of Shareholders for adoption on 14 May 2025. The Supervisory Board will give a preliminary recommendation regarding the consolidated financial statements to the annual General Meeting of Shareholders.
Disclosure of basis of consolidation [text block]
Consolidation 
Disclosure of borrowings [text block]
23. Borrowings
Disclosure of cash and cash equivalents [text block]
18. Cash and cash equivalents
Disclosure of changes in accounting policies [text block]
New and amended standards adopted by the group
Disclosure of commitments [text block]
29. Off-balance sheet commitments
Disclosure of deferred taxes [text block]
22. Deferred tax
Disclosure of depreciation and amortisation expense [text block]
Disclosure of derivative financial instruments [text block]
Disclosure of discontinued operations [text block]
Divestment of the Emulsifier business   
Disclosure of earnings per share [text block]
10. Earnings per ordinary share
Disclosure of employee benefits [text block]
Disclosure of entity's operating segments [text block]
4. Segment information
Disclosure of events after reporting period [text block]
30. Events after balance sheet date
Disclosure of fair value measurement [text block]
31 December 2024
Disclosure of fair value of financial instruments [text block]
31 December 2024
Disclosure of finance income (cost) [text block]
7. Financial income and charges
Disclosure of financial instruments [text block]
26. Financial risk management and financial instruments
Disclosure of financial risk management [text block]
Risk management framework
Disclosure of impairment of assets [text block]
In 2024, an impairment of € 0.9 million was recorded related to obsolescence of certain assets in the Gorinchem plant in the Netherlands.
Disclosure of income tax [text block]
8. Taxes
Disclosure of intangible assets and goodwill [text block]
13. Intangible fixed assets
Disclosure of interests in other entities [text block]
14. Investments in joint ventures and associates
Disclosure of inventories [text block]
16. Inventories
Disclosure of leases [text block]
12. Leases
Disclosure of other current liabilities [text block]
25. Other current liabilities
Disclosure of other non-current assets [text block]
15. Other non-current financial assets
Disclosure of other non-current liabilities [text block]
24. Other non-current liabilities
Disclosure of other operating income (expense) [text block]
6. Income and expenses
Disclosure of other provisions, contingent liabilities and contingent assets [text block]
20. Provisions
Disclosure of property, plant and equipment [text block]
11. Property, plant, and equipment
Disclosure of related party [text block]
27. Related-party transactions
Disclosure of revenue [text block]
5. Net sales disaggregation
Disclosure of share capital, reserves and other equity interest [text block]
19. Equity
Disclosure of share-based payment arrangements [text block]
28. Share-based compensation
Disclosure of subordinated liabilities [text block]
Corbion also has a subordinated private placement of € 100 million with American institutional investors.
Disclosure of subsidiaries [text block]
Name
Disclosure of trade and other receivables [text block]
17. Receivables
Disclosure of treasury shares [text block]
As at 31 December 2024, Corbion had a treasury stock of 117,217 ordinary shares at its disposal with a nominal value of € 0.25 each (representing 0.20% of the total share capital issued). Treasury stock shares have no dividend rights.

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