Finance income / (expense)

12 Months Ended

Dec. 31, 2025

Disclosure Of Financial Income Expense [Abstract]

Finance income / (expense)

6. Finance income / (expense)

	2025			2024			2023
	€			€			€
Foreign exchange differences		(10,250,749	)		7,869,114			(3,116,662	)
Interest and other income over bank balances		6,535,046			5,469,464			224,494
Other finance expenses		(172,861	)		(46,914	)		(20,475	)
		(3,888,564	)		13,291,664			(2,912,643	)

The Group reports financial results in Euros. Since bank balances are in Euros, U.S. Dollars and Swiss Francs, changes in the conversion rates of the Dollars and Swiss Francs versus the Euro result in either income or expense over time. Interest income relates to earnings on cash deposits.