v3.26.3
Condensed Interim Consolidated Statements of Cash Flows (Unaudited) - EUR (€)
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Cash flows from (used in) operating activities [abstract]    
Net income (loss) before income tax € 65,647 € (1,397,715)
Items not affecting cash:    
Stock-based compensation 67,220 63,682
Bad debt expense 23,694
Depreciation of property and equipment 10,514 5,937
Amortization of intangible assets 244,527 48,763
Amortization of right-of-use assets 5,974 38,250
Accretion of lease liabilities 430 2,442
Gain on lease cancellation (137)
Changes in non-cash working capital items:    
Inventories (1,385,915) (636,450)
Accounts receivable and other receivables (1,557,939) 1,934,794
Deferred tax assets 3,390
Due from related parties 5,097,469 (151,543)
Due to related parties (67,154) (1,329)
Prepaid expense (69,194) (580,865)
Accounts payable and accrued liabilities (5,798,731) (733,186)
Accrued interest payable (321,401) 23,436
Accrued interest payable - related party 26,448 40,627
Net cash used in operating activities (3,658,411) (1,339,904)
Investing Activities    
Purchase of equipment (9,008)
Purchase of intangible assets (25,340) (450,962)
Net cash used in investing activities (25,340) (459,970)
Financing Activities    
Net proceed from Issuance of common stock through public offering 3,786,022
Proceeds from debt bond 1,667,638
Repayment of debt bond (126,676) (126,676)
Repayment of bank loans (90,374)
Net proceeds (repayment) from lines of credit 98,264 276,052
Repayment of lease liabilities (6,461) (40,488)
Payments to related parties (59,083) (907,213)
Proceeds from related parties 2,142 370
Net cash provided by financing activities 3,694,208 779,309
Net change in cash 10,457 (1,020,565)
Cash - beginning of period 493,129 2,384,625
Cash - end of period € 503,586 € 1,364,060