|
EUR 000 |
2024/2025 |
2023/2024 |
|
Other employee expenses |
42,087 |
38,065 |
|
Traveling and representation expenses |
28,000 |
23,874 |
|
Housing expenses |
10,919 |
8,838 |
|
Office and IT expenses |
18,795 |
17,381 |
|
Other expenses |
42,199 |
51,164 |
|
142,000 |
139,322 |
Other employee expenses include third party services and increased driven by more support personnel required for software development activities and internal projects, as well as more costs for external education.
Travel and representation expenses increased to a large extent as a result of higher car lease expenses, related to the increase in electric cars in our fleet.
Increase in housing expenses are fully driven by higher energy cost in our facilities and increase in Office and IT expenses is related to more software cost.
In 2024/2025 Other expenses included in other expenses mainly relate to contributions to KPMG International, insurance expenses, AFM fees, expenses for legal proceedings. The decreased cost level was largely driven by higher reimbursements from insurances.
An amount of EUR 1.5 million is recognized in other expenses related to research and development (2023/2024: EUR 1.8 million).