BALANCE SHEET
(in €)	at 31/12/2025	at 31/12/2024
Fixed Assets
Shares in affiliated undertakings	71 250 223	349 932 672
Total Fixed assets	71 250 223	71 250 223
Other non-current assets related to equity investments	1 453 847
Current Assets
Amounts owed by affiliated undertakings
becoming due and payable after more than one year	2 300 000	2 300 000
Amounts owed by affiliated undertakings
becoming due and payable within one year	651 169	546 518
Shareholders – capital called and unpaid	1 660 820
Other receivables becoming due and payable within one year	1 042 432	12 771
Cash at bank	1 187 133	869 399
Term account	13 212 678	2 600 000
Total current assets	20 054 232	6 328 688
Total assets	92 758 301	356 261 360
Liabilities
Medium-term borrowings	0	5 846 117
Short-term borrowings	0	36 617 045
Other creditors becoming due and payable within one year	2 118 566	26 488 033
Total liabilities	2 118 566	68 951 195
Net assets	90 639 736	287 310 165
Equity
Paid-up share capial	1 748 232	84 287 000
Share premium account	0	5 955 343
Retained earnings	104 647 195	202 931 154
Profit/loss for the financial year	-15 755 691	-5 863 331
Total shareholders’ equity	90 639 736	287 310 165

INCOME STATEMENT
(in €)
	at 31/12/2025	at 31/12/2025
Income
Interest income	5 846 982	533 510
Exceptional income	-9 655 186	130 009
Dividend income	15 141 832	2 534 803
Other operating income	34 973	33 600
Net changes in fair value on financial assets and investments	-12 279 607	27 867 975
Total net income	-911 006	31 099 897
Expenses
Operational expenses	-3 803 590	-33 432 074
Interest and other financial charges	-9 978 429	-3 531 153
Taxes on profit or loss	-1 062 665
Total expenses	-14 844 685	-36 963 227
Net Profit/Loss	-15 755 691	-5 863 331