v3.25.1
Intangible Assets
12 Months Ended
Dec. 31, 2024
Intangible Assets [Abstract]  
Intangible Assets

Note 8 – Intangible Assets

 

  

December 31,

2024

   December 31, 2023 
   EUR   EUR 
         
Customer relationships   571,100    415,000 
Broadcasting rights/sports titles/stadium lease   75,000    75,000 
Brand   1,013,000    2,225,000 
Player contracts   340,000    415,000 
Other   554,767    554,000 
Goodwill   896,245    592,491 
Subtotal   4,287,258    4,276,491 
Less accumulated amortization   (643,820)   (223,113)
Net   2,806,292    4,053,378 

 

The cost of and amortization methods and periods used by the Company for goodwill, customer relationships, broadcasting rights and other intangible assets are disclosed in Note 2 under Intangible Assets. The Company performed its annual impairment assessment and determined that no impairment losses were required to be recognized for the fiscal years 2024 and 2023.

 

The asset’s useful lives are reviewed, and adjusted if appropriate, at the end of each reporting period.