21. Trade and other liabilities

(in millions of euros)

31 December 2025

31 December 2024

Trade payables

168

127

Current portion of deferred income

20

18

Other taxes and social security contributions

122

108

Other liabilities

696

771

Accrued liabilities

-

2

Total

1,006

1,026

Other liabilities consist mainly of purchase invoices still to be received. In addition, other liabilities include provisions for personnel costs, such as vacation pay, and interest still to be paid.

Trade and other liabilities include an amount of €29 million (2024: €29 million) relating to ProRail and the Dutch government.

The Group's liquidity risk arising from trade creditors and other payables is disclosed in note 26 and the continuity section.

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