v3.26.3
Prepayments and other receivables
6 Months Ended
Jun. 30, 2026
Notes and other explanatory information [abstract]  
Prepayments and other receivables

 

12. Prepayments and other receivables

 

   30 June 2026   31 December 2025 
   €’000   €’000 
Trade receivables   5,099    4,774 
Contract fulfilment asset   979    - 
Prepayments   26    27 
VAT recoverable   135    17 
Loan receivable   170    - 
Other receivables   247    229 
Total prepayments and other receivables   6,656    5,047 

 

Trade receivables comprise €4,673k at Al Shola Gas and €426k at BrightHy. Amounts are recorded at the invoice amount less an allowance for expected credit losses, estimated with reference to historical collection experience, the ageing of balances and forward-looking information. The contract fulfilment asset represents costs incurred by BrightHy to fulfil its engineering contracts, which will be recognised in cost of sales as the related performance obligations are satisfied. The loan receivable was advanced by the Company during the period.