v3.26.3
Consolidated Statement of Changes in Equity - EUR (€)
€ in Thousands
Ordinary shares [member]
Preference shares [member]
Share premium [member]
Non-controlling interests [member]
Reserve of share-based payments [member]
Reserve of equity component of convertible instruments [member]
Foreign currency translation reservet [member]
Retained earnings [member]
Total
Balance at 1 January 2025 at Dec. 31, 2023 € 2 € 220,157 € 5,365 € (222,793) € 2,731
Balance (in Shares) at Dec. 31, 2023 14,919,017              
Gain / (loss) during the year 54 (15,334) (15,279)
Other comprehensive income (0) (0)
Total comprehensive income for the year 54 (15,334) (15,279)
Issue of Share Capital:                  
Equity incentive plan € 0 615 615
Balance (in Shares) 107,500                
ATM - share sales € 1 5,941 5,942
Balance (in Shares) 2,345,452                
Macquarie conversions note € 0 916 916
Balance (in Shares) 1,732,430                
Share issuance at QIND merger € 0 € 0 14,626 14,626
Balance (in Shares) 3,818,969 4,171,327              
Commitment shares                
Service warrants                
Share Based Payments:                  
Share Based Payments (615) (615)
Equity Settled share based compensation 2,189 2,189
Minority Interest:                  
Minority interest - Initial recognition 3,945 142 4,088
Other reserves:                  
Convertible note reserve 24 24
Balance at 31 December 2025 (restated) at Dec. 31, 2024 € 3 € 0 242,255 3,999 6,939 24 (237,985) 15,237
Balance (in Shares) at Dec. 31, 2024 22,923,368 4,171,327              
Balance (in Shares) at Dec. 31, 2024 654,953                
Gain / (loss) during the year (874) (4,106) (4,980)
Other comprehensive income (642) (1,647) (2,289)
Total comprehensive income for the year (1,516) (1,647) (4,106) (7,269)
Issue of Share Capital:                  
ATM - share sales € 1   2,313 2,314
Balance (in Shares) 347,283                
Macquarie conversions note € 0 574 574
Balance (in Shares) 98,046                
Share issuance at QIND merger                
Commitment shares € 0 306 306
Reverse split rounding 0
Keystone note conversion 2 1,936 1,938
July PIPE issuance & exercise 1   267 268
Exchange warrants   (961) 961
December PIPE reprice & exercise 1   (4,839) 5,458 620
Service warrants 0   137 35 172
QIND preference stock conversion to common stock   2,229 (1,813) 416
Share Based Payments:                  
Share Based Payments 16 (16)
Equity Settled share based compensation 1,534 1,534
Minority Interest:                  
Minority interest - remeasurement 399 399
Other reserves:                  
Convertible note reserve           (49) (136) (185)
Legacy equity reserve           413     413
Balance (in Shares) 13,890                
Balance (in Shares) 63,333                
Balance (in Shares) 492,715                
Balance (in Shares) 335,898                
Balance (in Shares) 274,887                
Balance (in Shares) 7,286                
Balance at 31 December 2025 (restated) at Dec. 31, 2025 € 9 € 242,004 € 5,111 € 8,492 € 4,995 € (1,647) € (242,227) € 16,737
Balance (in Shares) at Dec. 31, 2025   4,171,327              
Balance (in Shares) at Dec. 31, 2025 2,288,291