v3.26.3
Bank Loans (Tables)
6 Months Ended
Jun. 30, 2026
Bank Loans [Abstract]  
Schedule of Bank Loans

Bank loans as of June 30, 2026 and December 31, 2025 are summarized as follows:

 

    June 30,     December 31,  
    2026     2025  
Bank loans   € 4,609,095     € 382  
Lines of credit     -       4,510,449  
      4,609,095       4,510,831  
less: current portion     1,175,408       (4,510,831 )
    € 3,433,687     € -  

 

Schedule of Terms and Conditions of Outstanding Bank Loans

The terms and conditions of the bank loans are as follows:

 

        Nominal           June 30, 2026     December 31, 2025  
        interest     Year of     Face     Carrying     Face     Carrying  
Bank Loans   Currency   rate     maturity     Value     Amount     Value     Amount  
CaixaBank   EUR     1.50 %   2025       -       -       400,000       382  
CaixaBank   EUR     4.23 %   2029       2,459,731       2,323,542       -       -  
BBVA   EUR     4.21 %   2029       1,449,906       1,370,820       -       -  
Bankinter   EUR     4.22 %   2029       960,854       914,733       -       -  
                      € 4,870,491     € 4,609,095     € -     € 382  
Schedule of Company Maintains the Following Lines of Credit of December 31, 2025 the Company maintained the following lines of credit:

 

                  December 31,  
          Nominal       2025  
    Credit     interest       Carrying  
Line of credit   Limit     rate   Maturity   Value  
Caixabank   € 2,500,000     0.60% + Euribor   3/25/2025   € 2,314,026  
Sabadell     2,400,000     1.20% + Euribor   2/28/2025     -  
BBVA     1,570,000     1.90% + Euribor   12/22/2025     1,292,690  
Santander     4,000,000     0.45% + Euribor   2/28/2025     -  
Bankinter     2,690,000     0.90% + Euribor   3/20/2025     903,733  
Bankinter     110,000     0.75% + Euribor   3/20/2025     -  
    € 13,270,000             € 4,510,449