Executive Summary
Net Profit / Loss
€10,966.85
Total Expenses
€10,966.85
Cash Position
€532.14
Profit & Loss Statement
Period: January 1, 2025 to March 31, 2025
| Account | Amount (EUR) |
|---|---|
| Revenue | — |
| Sales Revenue | 0.00 |
| Total Revenue | 0.00 |
| Cost of Sales | |
| Cost of Goods Sold | 10,350.00 |
| Gross Profit | (10,350.00) |
| Operating Expenses | |
| Bank Fees | 10.00 |
| Consulting & Accounting | 405.90 |
| Office: Software Expenses | 2.68 |
| Research & Development | 198.27 |
| Total Operating Expenses | 616.85 |
| Net Profit / (Loss) | (10,966.85) |
Note: No revenue recorded in Q1 2025. Expenses primarily consist of cost of goods sold (€10,350.00) and operating expenses (€616.85).
Balance Sheet Summary
As at March 31, 2025
| Assets | EUR |
|---|---|
| Current Assets | |
| Revolut EUR Main | 532.14 |
| Total Assets | 532.14 |
| Liabilities & Equity | EUR |
|---|---|
| Current Liabilities | |
| Accounts Payable | 405.90 |
| Director's Current Account | 13,993.09 |
| Director's Loan Account | 550.00 |
| Total Liabilities | 14,948.99 |
| Net Assets | (14,416.85) |
Cash Position
| Bank Account | Balance (EUR) |
|---|---|
| Revolut EUR Main | 532.14 |
| Total Cash | 532.14 |
Cash position as of March 31, 2025.
Accounts Receivable Aging
As at March 31, 2025
| Aging Category | Amount (EUR) | % of Total |
|---|---|---|
| Current (0-30 days) | 0.00 | 0% |
| 31-60 days | 0.00 | 0% |
| 61-90 days | 0.00 | 0% |
| Over 90 days | 0.00 | 0% |
| Total Accounts Receivable | 0.00 | 100% |
No outstanding accounts receivable as of March 31, 2025. All invoices issued in Q1 2025 have been paid.