v3.26.3
Prepayments and other receivables
 12 Months Ended
Dec. 31, 2025
Notes and other explanatory information [abstract]  
Prepayments and other receivables
17.Prepayments and other receivables

 

   2025   2024 
   €’000   €’000 
Prepayments   27    45 
Trade receivables*   4,774    2,953 
VAT recoverable   17    13 
Other receivables   229    48 
Prepayments and other receivables   5,047    3,059 

 

*Trade receivables balance includes customer receivable amounts for QIND/Al Shola. Amounts are recorded at the invoice amount less an allowance for credit losses. The allowance is an estimate based on historical collection experience, current and future economic and market conditions, and a review of the current status of each customer’s trade accounts receivable. Management evaluates the aging of the accounts receivable balances and the financial condition of its customers and all other forward-looking information that is reasonably available to estimate the amount of accounts receivable that may not be collected in the future and before recording the appropriate provision.