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Consolidated Statements of Operations - EUR (€)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Total Revenue € 9,638,012 € 13,140,771 € 31,148,676
Cost and Expenses      
Cost of revenues 9,080,343 10,842,319 26,514,681
Cost of revenues - related parties 1,201,244 30,696
Selling and administrative 2,149,157 1,529,085 1,498,499
Selling and administrative - related parties 848,832 1,010,769 547,912
Salaries and benefits 1,275,208 1,105,128 866,634
Salaries and benefits - related parties 116,843 9,999
Bad debt expense 138,941 84,394 19,454
Total Cost and Expenses 13,609,324 15,782,938 29,477,876
Loss from operations (3,971,312) (2,642,167) 1,670,800
Other Income (Expense)      
Other income 890
Interest income 63,118 444
Interest expense (198,580) (287,281) (308,982)
Interest expense - related parties (183,777) (118,750)
Gain from insurance recoveries on inventory 1,937,819
Impairment on inventory due to natural disaster (2,133,385)  
Foreign exchange gain (loss) 4,516 (82,881) 32,384
Total Other Income (Expense) (510,289) (488,468) (275,708)
Net Loss Before Income Tax (4,481,601) (3,130,635) 1,395,092
Income tax Expense (Recovery)      
- Current (93,022) 364,086
- Deferred (1,144,601) (1,023,826) 2,428
Net Loss € (3,337,000) € (2,013,788) € 1,028,578
Basic Net Income per Ordinary Share (in Euro per share) € (0.06) € (0.04) € 0.02
Diluted Net Income per Ordinary Share (in Euro per share) € (0.06) € (0.04) € 0.02
Weighted Average Number of Ordinary Shares Outstanding - Basic (in Shares) 55,085,700 51,469,262 50,085,700
Weighted Average Number of Ordinary Shares Outstanding - Diluted (in Shares) 55,085,700 51,469,262 50,085,700
Revenue      
Total Revenue € 9,109,968 € 11,723,132 € 30,309,572
Revenue - related parties      
Total Revenue 306,651 1,380,547 836,804
Other operating income      
Total Revenue € 221,393 € 37,092 € 2,300