Interim / Quarterly Report • Sep 30, 2025
Interim / Quarterly Report
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UNAUDITED MANAGEMENT ACCOUNTS Period from 1 January 2025 to 30 June 2025
| Board of Directors and other officers | 1 |
|---|---|
| Unaudited consolidated statement of profit or loss and other comprehensive income | 2 |
| Unaudited consolidated statement of financial position | 3 |
| Unaudited consolidated statement of changes in equity | 5 |
| Notes to the unaudited consolidated management accounts | 6 - 8 |
| Board of Directors: | Alexandros Sinos Serafeim Charalampidis Stephanos Kazantzis Evangelos Drympetas Gloria Chrysafi |
|---|---|
| Company Secretary: | Gloria Chrysafi |
| Independent Auditors: | C&N Auditors Ltd CERTIFIED PUBLIC ACCOUNTANTS - CY 10 Yianni Kranidioti 2nd Floor Office 201 1065 Nicosia, Cyprus |
| Registered office: | Laiou 6 Anna City Court Block B, Flat 301 3015 Limassol Cyprus |
| Registration number: | ΗΕ 304867 |
1
| Note | 01/01/2025- 30/06/2025 € |
01/01/2024-30 /06/2024 € |
|
|---|---|---|---|
| Revenue Cost of sales |
1 | 118.579 (14.468) |
167.985 (20.033) |
| Gross profit | 104.111 | 147.952 | |
| Other operating income Selling and distribution expenses Administration expenses Other expenses |
2 | 501 - (158.890) (6.003) |
1 (13.447) (163.978) - |
| Operating loss | (60.281) | (29.472) | |
| Finance costs | 5 | (2.292) | (886) |
| Net loss for the period | (62.573) | (30.358) | |
| Other comprehensive income | - | - | |
| Total comprehensive income for the period | (62.573) | (30.358) |
The notes on pages 6 to 8 form an integral part of these unaudited consolidated management accounts.
| 30/06/2025 | 30/06/2024 | ||
|---|---|---|---|
| ASSETS | Note | € | € |
| Non-current assets | |||
| Property, plant and equipment | 2.133 | 3.408 | |
| Right-of-use assets | 11.497 | 22.995 | |
| Intangible assets | 25.000 | 28.000 | |
| Investors' Compensation Fund | 7 | 52.267 | 52.267 |
| 90.897 | 106.670 | ||
| Current assets | |||
| Trade and other receivables | 6 | 144.460 | 212.270 |
| Cash at bank and in hand | 8 | 50.970 | 44.473 |
| 195.430 | 256.743 | ||
| Total assets | 286.327 | 363.413 | |
| EQUITY AND LIABILITIES | |||
| Equity | |||
| Share capital | 9 | 680.000 | 650.000 |
| Accumulated losses | (536.879) | (382.594) | |
| 143.121 | 267.406 | ||
| Non-controlling interests | 28.620 | 12.829 | |
| Total equity | 171.741 | 280.235 | |
| Non-current liabilities Borrowings |
10 | 70.525 | 20.000 |
| 70.525 | 20.000 | ||
| Current liabilities | |||
| Trade and other payables | 11 | 39.010 | 39.535 |
| Borrowings | 10 | - | 8 |
| Lease liabilities | 4.996 | 23.333 | |
| Current tax liabilities | 12 | 55 | 302 |
| 44.061 | 63.178 | ||
| Total liabilities | 114.586 | 83.178 | |
| Total equity and liabilities | 286.327 | 363.413 |
The notes on pages 6 to 8 form an integral part of these unaudited consolidated management accounts.
On 30 September 2025 the Board of Directors of AEONIC SECURITIES C.I.F. PLC authorised these unaudited consolidated management accounts for issue.
.................................... ....................................
Alexandros Sinos Serafeim Charalampidis Director Director
The notes on pages 6 to 8 form an integral part of these unaudited consolidated management accounts.
| Share | Accumula | Non-contro lling |
||||
|---|---|---|---|---|---|---|
| Note | capital | ted losses | Total | interests | Total | |
| € | € | € | € | € | ||
| Balance at 1 January 2024 | 650.000 | (354.936) | 295.064 | 15.529 | 310.593 | |
| Net loss for the period | - | (27.658) | (27.658) | (2.700) | (30.358) | |
| Balance at 30 June 2024 | 650.000 | (382.594) | 267.406 | 12.829 | 280.235 | |
| Balance 1 January 2025 | 650.000 | (470.754) | 179.246 | 25.068 | 204.314 | |
| Net loss for the period | - | (66.125) | (66.125) | 3.552 | (62.573) | |
| Transactions with owners | ||||||
| Issue of share capital | 9 | 30.000 | - | 30.000 | - | 30.000 |
| Balance at 30 June 2025 | 680.000 | (536.879) | 143.121 | 28.620 | 171.741 |
The notes on pages 6 to 8 form an integral part of these unaudited consolidated management accounts.
Period from 1 January 2025 to 30 June 2025
| 2025 | 2024 | |
|---|---|---|
| € | € | |
| Rendering of services | 86.619 | 64.804 |
| Commissions receivable | 31.960 | 103.181 |
| 118.579 | 167.985 | |
| 2. Other operating income | ||
| 2025 | 2024 | |
| € | € | |
| Interest income | - | 1 |
| Exchange profit | 501 | - |
| 501 | 1 | |
| 3. Expenses by nature | ||
| 2025 | 2024 | |
| € | € | |
| Staff costs (Note 4) | 102.877 | 71.324 |
| Auditors' remuneration | 2.250 | - |
| Expense relating to leases | 600 | 6.000 |
| Impairment losses on intangible assets | 6.003 | - |
| Other expenses | 67.631 | 120.134 |
| Total expenses | 179.361 | 197.458 |
| 4. Staff costs | ||
| 2025 | 2024 | |
| € | € | |
| Salaries | 69.379 | 59.032 |
| Social security costs | 5.219 | 12.291 |
| 74.598 | 71.323 | |
| 5. Finance costs | ||
| 2025 | 2024 | |
| € | € | |
| Sundry finance expenses | 2.292 | 886 |
| Finance costs | 2.292 | 886 |
Period from 1 January 2025 to 30 June 2025
| 2025 | 2024 | |
|---|---|---|
| € | € | |
| Trade receivables | 111.470 | 174.877 |
| Less: credit loss on trade receivables | (4.278) | 2.222 |
| Trade receivables - net | 107.192 | 177.099 |
| Receivables from own subsidiaries | 3.388 | 3.388 |
| Shareholders' current accounts - debit balances | 1.390 | 1.390 |
| Other receivables | 21.256 | 16.255 |
| VAT | 11.234 | 14.138 |
| 144.460 | 212.270 |
| 2025 | 2024 | |
|---|---|---|
| € | € | |
| Balance at 1 January Additions |
52.267 - |
50.346 1.921 |
| Balance at 30 June | 52.267 | 52.267 |
Cash balances are analysed as follows:
| 2025 | 2024 | |
|---|---|---|
| € | € | |
| Cash at bank and in hand | 50.970 | 44.473 |
| 50.970 | 44.473 |
| 2025 Number of shares |
2025 € |
2024 Number of shares |
2024 € |
|
|---|---|---|---|---|
| Authorised | ||||
| Ordinary shares of €1 each | 1.000.000 | 1.000.000 | 1.000.000 | 1.000.000 |
| Issued and fully paid | ||||
| Balance at 1 January | 650.000 | 650.000 | 650.000 | 650.000 |
| Issue of shares | 30.000 | 30.000 | - | - |
| Balance at 30 June | 680.000 | 680.000 | 650.000 | 650.000 |
Period from 1 January 2025 to 30 June 2025
| 2025 | 2024 | |
|---|---|---|
| Current borrowings | € | € |
| Bank overdrafts (Note 8) | - | 8 |
| Non-current borrowings | ||
| Debentures | 70.525 | - |
| Convertible bond | - | 20.000 |
| Total | 70.525 | 20.008 |
| 11. Trade and other payables | ||
| 2025 | 2024 | |
| € | € | |
| Trade payables | 7.512 | 19.216 |
| Social insurance and other taxes | 6.436 | 4.933 |
| Accruals | 8.023 | 6.258 |
| Other creditors | 15.604 | 7.693 |
| Defence and GHS contribution on rent payable | 1.435 | 1.435 |
| 39.010 | 39.535 | |
| 12. Current tax liabilities | ||
| 2025 | 2024 | |
| € | € | |
| Special contribution for defence | 55 | 302 |
| 55 | 302 |
| CONTENTS | PAGE |
|---|---|
| Detailed income statement | 1 |
| Cost of sales | 2 |
| Operating expenses | 3 |
| Finance costs | 4 |
Period from 1 January 2025 to 30 June 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Page | € | € | |
| Revenue | |||
| Rendering of services | 86.619 | 64.804 | |
| Commissions receivable | 31.960 | 103.181 | |
| Cost of sales | 2 | (14.468) | (20.033) |
| Gross profit | 104.111 | 147.952 | |
| Other operating income | |||
| Bank interest | - | 1 | |
| Unrealised foreign exchange profit | 501 | - | |
| 104.612 | 147.953 | ||
| Operating expenses | |||
| Administration expenses | 3 | (158.890) | (163.978) |
| Selling and distribution expenses | 3 | - | (13.447) |
| (54.278) | (29.472) | ||
| Other operating expenses | |||
| Impairment charge - goodwill | (6.003) | - | |
| Operating loss | (60.281) | (29.472) | |
| Finance costs | 4 | (2.292) | (886) |
| Net loss for the period before tax | (62.573) | (30.358) |
Period from 1 January 2025 to 30 June 2025
| 2025 € |
2024 € |
|
|---|---|---|
| Cost of sales | ||
| Direct costs Services received |
14.468 | 20.033 |
| 14.468 | 20.033 |
Period from 1 January 2025 to 30 June 2025
| 2025 | 2024 | |
|---|---|---|
| € | € | |
| Administration expenses | ||
| Directors' remuneration | - | 2.500 |
| Staff salaries | 69.379 | 56.532 |
| Social insurance | 5.219 | 12.291 |
| Rent | 600 | 6.000 |
| Common expenses | 540 | - |
| Licenses and taxes | 2.174 | - |
| Electricity | 880 | 533 |
| Insurance | - | 2.297 |
| Sundry expenses | 24.016 | 14.401 |
| Telephone and postage | 2.436 | 2.457 |
| Stationery and printing | - | 340 |
| Subscriptions and contributions | 9.509 | 10.245 |
| Computer supplies and maintenance | 1.370 | 1.186 |
| Certification and legalisation expenses | - | 320 |
| Auditors' remuneration | 2.250 | - |
| Accounting fees | 600 | 600 |
| Other professional fees | 32.608 | 25.622 |
| Fines | - | 30 |
| Travelling | 2.009 | 13.933 |
| Entertaining | 4.891 | 13.033 |
| Motor vehicle running costs | 409 | 1.658 |
| 158.890 | 163.978 | |
| 2025 | 2024 |
| Selling and distribution expenses | ||
|---|---|---|
| Advertising | - | 13.447 |
| - | 13.447 |
€ €
Period from 1 January 2025 to 30 June 2025
| 2025 € |
2024 € |
|
|---|---|---|
| Finance costs | ||
| Sundry finance expenses Bank charges |
2.292 | 886 |
| 2.292 | 886 |
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