v3.26.3
Condensed Interim Consolidated Statements of Financial Position (Unaudited) - EUR (€)
Jun. 30, 2026
Dec. 31, 2025
Current    
Cash and cash equivalent € 503,586 € 493,129
Accounts receivable and other receivables 3,274,020 1,739,775
Inventories 4,830,099 3,444,184
Amount due from related parties 5,942,031 10,443,887
Prepaid expense 3,712,271 3,643,077
Investments 34,557 34,557
Total Current Assets 18,296,564 19,798,609
Non- Current Assets    
Property and equipment, net 204,452 214,966
Intangible assets, net 1,882,964 2,102,151
Right-of-use assets 15,470 21,444
Deferred tax assets 2,272,573 2,272,573
Total Assets 22,672,023 24,409,743
Current Liabilities    
Accounts payable and accrued liabilities 6,848,799 12,647,530
Accrued interest payable 34,310 355,711
Accrued interest payable - related party 26,448
Amount due to related parties 3,400,635 2,929,117
Lease liabilities - current portion 10,163 12,203
Bank loans - current portion 1,175,408 4,510,831
Debt bond - current portion 253,352 253,352
Total Current Liabilities 11,749,115 20,708,744
Non-Current Liabilities    
Lease liabilities 6,068 10,059
Bank loans 3,433,687
Deferred tax liabilities 30,595 30,595
Debt bond - noncurrent portion 1,934,029 2,060,705
Total Liabilities 17,153,494 22,810,103
Shareholders’ Equity    
Share Capital 3,143,855 2,754,285
Additional paid in capital 7,404,278 3,940,606
Reserve 1,411,846 1,411,846
Accumulated Deficit (6,441,450) (6,507,097)
Total Shareholders’ Equity 5,518,529 1,599,640
Total Liabilities and Shareholders’ Equity € 22,672,023 € 24,409,743