v3.26.3
INCOME TAXES (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2026
Dec. 31, 2025
CADV Ventures S.A [Member]    
SCHEDULE OF INCOME TAX EXPENSE  

   2025   2024 
   For the years ended
December 31,
 
   2025   2024 
   US$   US$ 
Current tax expense        
Deferred tax expense        
Income tax expenses        
SCHEDULE OF EFFECTIVE INCOME TAX RATE RECONCILIATION  

A reconciliation of the income tax expense determined at the Poland statutory income tax rate to the Company’s actual income tax expense is as follows:

 

   2025   2024 
   For the years ended
December 31,
 
   2025   2024 
   US$   US$ 
Income/(loss) before income tax expense   110,132    (502,769)
Statutory income tax rate   19%   19%
Income tax at Poland statutory income tax rate   20,925    (95,526)
Tax effect of non-taxable items   1,160    14 
Tax effect of waived interest payable to related parties   13,764     
Tax effect of non-deductible offering expenses   19,000     
Change in valuation allowance of deferred tax assets   (54,849)   95,512 
Income tax expense        
Effective income tax rate   0%   0%
SCHEDULE OF DEFERRED TAX ASSETS  

The Company’s deferred tax assets at December 31, 2025 and 2024 were as follows:

 

   2025   2024 
   As of December 31, 
   2025   2024 
   US$   US$ 
Deferred tax assets          
Net operating loss carried forward   47,441    87,249 
Other temporary differences   3,940    5,438 
Total deferred tax assets   51,381    92,687 
Less, valuation allowance   (51,381)   (92,687)
Deferred tax assets, net        
SCHEDULE OF DEFERRED TAX VALUATION ALLOWANCE  

The movement of the Company’s deferred tax valuation allowance for the years ended December 31, 2025 and 2024 were as follows:

 

   2025   2024 
   As of December 31, 
   2025   2024 
   US$   US$ 
Balance at beginning of the year   92,687     
Addition of valuation allowance       95,512 
Reversal of valuation allowance   (54,849)    
Foreign exchange translation adjustment   13,543    (2,825)
Balance at end of the year   51,381    92,687 
Kukugan Invest [Member]    
SCHEDULE OF INCOME TAX EXPENSE

 

   Successor 2026   Predecessor 2026   Predecessor 2025 
   Successor   Predecessor 
  

For the period from

January 6 through

June 30,

  

For the period

from January 1

through 5

 

 

For the six

months ended

June 30

 
   2026   2026   2025 
   US$   US$   US$ 
Current tax expense            
Deferred tax expense            
Income tax expenses            
 
SCHEDULE OF EFFECTIVE INCOME TAX RATE RECONCILIATION

All the Group’s operation is conducted through its subsidiary, CADV, therefore the profit/loss before tax is entirely generated from the Republic of Poland. A reconciliation of the income tax expense determined at the Poland statutory income tax rate to the Company’s actual income tax expense is as follows:

 

   Successor 2026          Predecessor 2026        Predecessor 2025     
   Successor    Predecessor
  

For the period from

January 6 through

June 30,

   

For the period from

January 1 through 5,

 

For the six

months ended

June 30,

   2026    2026  2025
   US$    US$  US$
(Loss) income before income tax expense   (105,668)   100%     (333)   100%   190,748    100%
Statutory income tax rate   19%          19%        19%     
Income tax at Poland statutory income tax rate   (20,077)   19%     (63)   19%   36,242    19%
Tax effect of non-deductible items   386    0.4%             60    0.03%
Tax effect of non-deductible IPO expenses   28,135    26.6%                  
Change in valuation allowance of deferred tax assets   (8,445)   (8.0)%     63    19%   (36,302)   (19)%
Income tax expense                          
Effective income tax rate   0%          0%        0%     
 
SCHEDULE OF DEFERRED TAX ASSETS

The Group’s deferred tax assets at June 30, 2026 and December 31, 2025 were as follows:

 

   Successor  Predecessor
   As of June 30,  As of December 31,
   2026  2025
   US$  US$
Deferred tax assets          
Net operating loss carried forward   33,716    47,441 
Other temporary differences   6,809    3,940 
Total deferred tax assets   40,525    51,381 
Less, valuation allowance   (40,525)   (51,381)
Deferred tax assets, net        
 
SCHEDULE OF DEFERRED TAX VALUATION ALLOWANCE

The movement of the Group’s deferred tax valuation allowance for the Successor period from January 6 through June 30, 2026 and for the Predecessor periods from January 1 through 5, 2026 and for the six months ended June 30, 2025 were as follows:

 

   Successor 2026    Predecessor 2026  Predecessor 2025
   Successor    Predecessor
  

For the period from

January 6 through

June 30,

   

For the period from

January 1 through

January 5,

 

For the six

months ended

June 30,

   2026    2026  2025
   US$    US$  US$
Balance at beginning of the period   51,420      51,381    92,687 
Addition of valuation allowance         63     
Reversal of valuation allowance   (8,445)         (36,302)
Foreign exchange translation adjustment   (2,450)     (24)   4,587 
Balance at end of the period   40,525      51,420    60,972