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Supplemental Cash Flow Information
12 Months Ended
Dec. 31, 2025
Supplemental Cash Flow Information [Abstract]  
SUPPLEMENTAL CASH FLOW INFORMATION

NOTE 22 – SUPPLEMENTAL CASH FLOW INFORMATION

 

Set out below are non-cash investing and financing activities during the years ended December 31, 2025, 2024 and 2023:

 

Non-cash investing and financing activities:

 

   Year Ended December 31, 
   2025   2024   2023 
Reallocation of opening deficit to reserve 
-
  
-
   (1,028,578)
Recognition of right-of-use assets from lease extension 
-
   41,944  
-
 
Recognition of right-of-use assets from lease addition 
-
  
-
   19,353 
Recognition of right-of-use assets from lease modification  42,644  
-
  
-
 
Derecognition of right-of-use assets  11,349  
-
  
-
 
Conversion form related party loan to capital contribution 
-
   600,000  
-
 

 

During the years ended December 31, 2025, 2024 and 2023, the Company paid interest of €174,596, €168,030 and €404,093, respectively, and income taxes of €0, €0 and €0, respectively.