Related Party Transactions (Tables)
|
6 Months Ended |
Jun. 30, 2026 |
|---|
| Related Party Transactions [Abstract] |
|
| Schedule of Due from Related Parties |
Amount due from (to) as of June 30, 2026 are summarized as follows: Due from related parties: | | | Ultimate | | | Senior | | | Other group | | | | | | | | partner | | | partner | | | companies | | | Total | | | Credits pending collection | | € | - | | | € | - | | | € | 92,059 | | | € | 92,059 | | | Long-term investment | | | - | | | | - | | | | 122,725 | | | | 122,725 | | | Trade receivables | | | - | | | | - | | | | 5,727,247 | | | | 5,727,247 | | | Total | | € | - | | | € | - | | | € | 5,942,031 | | | € | 5,942,031 | | Amount due from (to) as of December 31, 2025 are summarized as follows: Due from related parties: | | | Ultimate | | | Senior | | | Other group | | | | | | | | partner | | | partner | | | companies | | | Total | | | Credits pending collection | | € | - | | | € | - | | | € | 35,118 | | | € | 35,118 | | | Long-term investment | | | - | | | | - | | | | 291,810 | | | | 291,810 | | | Trade receivables | | | - | | | | - | | | | 10,116,959 | | | | 10,116,959 | | | Total | | € | - | | | € | - | | | € | 10,443,887 | | | € | 10,443,887 | |
|
| Schedule of Due to Related Parties |
Due to related parties: | | | Ultimate | | | Senior | | | Other group | | | | | | | | partner | | | partner | | | companies | | | Total | | | Credits pending to pay | | € | - | | | € | (851,661 | ) | | € | (823 | ) | | € | (852,484 | ) | | Advance Payment | | | - | | | | - | | | | (2,548,151 | ) | | | (2,548,151 | ) | | Total | | € | - | | | € | (851,661 | ) | | € | (2,548,974 | ) | | € | (3,400,635 | ) | Due to related parties: | | | Ultimate | | | Senior | | | Other group | | | | | | | | partner | | | partner | | | companies | | | Total | | | Credits pending to pay | | € | - | | | € | (1,020,746 | ) | | € | (822 | ) | | € | (1,021,568 | ) | | Advance Payment | | | - | | | | - | | | | (1,840,395 | ) | | | (1,840,395 | ) | | Trade payable | | | - | | | | (67,154 | ) | | | - | | | | (67,154 | ) | | Total | | € | - | | | € | (1,087,900 | ) | | € | (1,841,217 | ) | | € | (2,929,117 | ) |
|
| Schedule of Transactions with Related Parties |
Transactions with related parties during the six months ended June 30, 2026 and 2025 were summarized as follows: Six Months Ended June 30, 2026 | | | Ultimate | | | Senior | | | Other group | | | | | | | | partner | | | partner | | | companies | | | Total | | | Sales | | € | - | | | € | - | | | € | 7,186,691 | | | € | 7,186,691 | | | *Services received | | | - | | | | 197,255 | | | | - | | | | 197,255 | | | Total | | € | - | | | € | (197,255 | ) | | € | 7,186,691 | | | € | 6,989,436 | | | * | Comprised of selling and administrative – related parties of €101,744, salaries and benefits – related parties of €69,063 (including stock-based compensation of €67,220 from RSU) and interest expense – related parties of €26,448. | Six Months Ended June 30, 2025 | | | Ultimate | | | Senior | | | Other group | | | | | | | | partner | | | partner | | | companies | | | Total | | | Sales | | € | - | | | € | - | | | € | 410,342 | | | € | 410,342 | | | *Services received | | | - | | | | 521,698 | | | | - | | | | 521,698 | | | Total | | € | - | | | € | (521,698 | ) | | € | 410,342 | | | € | (111,356 | ) | | * | Comprised of selling and administrative – related parties of €356,912, salaries and benefits – related parties of €124,159 (including stock-based compensation of €63,682 from RSU) and interest expense – related parties of €40,627. |
|