49. Trade and other payables
Trade and other payables can be broken down as follows:
| In millions of euros | 31 Dec. 2025 | 31 Dec. 2024 |
|---|---|---|
| Trade payables | 59.8 | 79.0 |
| Other taxes and social security contributions | 14.3 | 12.7 |
| Other liabilities and accruals | 122.4 | 120.5 |
| Total trade and other payables | 196.5 | 212.2 |
Tax liabilities relate to the wage tax payable and social security contributions.
Other liabilities and accruals at year-end 2025 consisted mainly of interest payable, receivable invoices and prepayments on grants.
Due to the current nature of the trade and other payables, the carrying amount approximates the fair value of these liabilities.