XML 52 R36.htm IDEA: XBRL DOCUMENT v3.24.1
BUSINESS COMBINATION (Tables)
 12 Months Ended
Dec. 31, 2023
BUSNIESS COMBINATION [Abstract]  
Assets Acquired and Liabilities Assumed
On the acquisition date August 31, 2023, the allocation of the consideration of the assets acquired and liabilities assumed based on their fair value was as follows (USD:EUR) exchange rate of 1.0839 as of August 31, 2023 was applied:

 
  
Amount
  
 
      
Cash and Bank Balance
  
$
1,376
  
Accounts Receivable
    
54,606
  
Inventory
    
663,723
  
Fixed Assets
    
124,362
  
Intangible Assets
    
1,513,124
  
Other assets
    
72,825
  
Goodwill
    
218,991
  
Short Term Borrowing
    
(604,568
)
Trade and Service Liabilities
    
(319,472
)
Deferred Tax Liabilities
    
(239,452
)
Other Liabilities
    
(99,937
)
Net assets
  
$
1,385,578