AYCAN & AYDIN: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
AYCAN & AYDIN
Largest movements
- Tangible fixed assets -€175,981
no longer reported in 2025 (was €175,981)
of which Leasing and similar rights: -€151,181
- Stocks and contracts -€31,945
down €31,945 (-100%), from €31,945 to €0
- Cash -€16,549
down €16,549 (-64.6%), from €25,617 to €9,068
mainly Net result for the year (-€124,538) and Debts after one year (-€86,841)
- Receivables within one year -€9,746
down €9,746 (-61.6%), from €15,814 to €6,068
- Deferred charges and accrued income -€4,043
no longer reported in 2025 (was €4,043)
- Profit (loss) carried forward -€124,538
down €124,538, from €56,599 to -€67,939
- Debts after one year -€86,841
no longer reported in 2025 (was €86,841)
- Current portion of long-term debt -€29,790
no longer reported in 2025 (was €29,790)
- Trade debts +€7,048
up €7,048 (+12.7%), from €55,391 to €62,439
- Tax, wage and social debts -€3,926
down €3,926 (-98.7%), from €3,978 to €51
- Other operating charges +€108,606
up €108,606 (+827%), from €13,126 to €121,732
- Gross operating margin -€66,416
down €66,416 (-64.2%), from €103,524 to €37,107
- Staff costs -€32,348
down €32,348 (-59.6%), from €54,279 to €21,932
- Depreciation -€31,382
no longer reported in 2025 (was €31,382)
- Taxes +€8,164
new in 2025: €8,164
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €253,401 | €15,136 | -€238,264 | -94.0% |
| Fixed assets | 21/28 | €175,981 | - | -€175,981 | |
| Tangible fixed assets | 22/27 | €175,981 | - | -€175,981 | |
| Plant, machinery and equipment | 23 | €3,998 | - | -€3,998 | |
| Furniture and vehicles | 24 | €7,405 | - | -€7,405 | |
| Leasing and similar rights | 25 | €151,181 | - | -€151,181 | |
| Other tangible fixed assets | 26 | €13,397 | - | -€13,397 | |
| Current assets | 29/58 | €77,420 | €15,136 | -€62,283 | -80.4% |
| Stocks and contracts in progress | 3 | €31,945 | €0 | -€31,945 | -100% |
| Stocks | 30/36 | €31,945 | €0 | -€31,945 | -100% |
| Amounts receivable within one year | 40/41 | €15,814 | €6,068 | -€9,746 | -61.6% |
| Other amounts receivable | 41 | €15,814 | €6,068 | -€9,746 | -61.6% |
| Cash at bank and in hand | 54/58 | €25,617 | €9,068 | -€16,549 | -64.6% |
| Deferred charges and accrued income | 490/1 | €4,043 | - | -€4,043 | |
| Total equity and liabilities | 10/49 | €253,401 | €15,136 | -€238,264 | -94.0% |
| Equity | 10/15 | €77,059 | -€47,479 | -€124,538 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,599 | -€67,939 | -€124,538 | |
| Amounts payable | 17/49 | €176,342 | €62,615 | -€113,727 | -64.5% |
| Amounts payable after more than one year | 17 | €86,841 | - | -€86,841 | |
| Financial debts | 170/4 | €86,841 | - | -€86,841 | |
| Amounts payable within one year | 42/48 | €89,501 | €62,615 | -€26,886 | -30.0% |
| Current portion of amounts payable after more than one year | 42 | €29,790 | - | -€29,790 | |
| Trade debts | 44 | €55,391 | €62,439 | +€7,048 | +12.7% |
| Suppliers | 440/4 | €55,391 | €62,439 | +€7,048 | +12.7% |
| Taxes, remuneration and social security | 45 | €3,978 | €51 | -€3,926 | -98.7% |
| Remuneration and social security | 454/9 | €3,978 | €51 | -€3,926 | -98.7% |
| Other amounts payable | 47/48 | €343 | €125 | -€218 | -63.5% |
| Remuneration, social security and pensions | 62 | €54,279 | €21,932 | -€32,348 | -59.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,382 | - | -€31,382 | |
| Other operating charges | 640/8 | €13,126 | €121,732 | +€108,606 | +827% |
| Gross operating margin | 9900 | €103,524 | €37,107 | -€66,416 | -64.2% |
| Operating profit (loss) | 9901 | €4,737 | -€106,556 | -€111,293 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €4,365 | €9,818 | +€5,453 | +125% |
| Recurring financial charges | 65 | €4,365 | €7,286 | +€2,921 | +66.9% |
| Non-recurring financial charges | 66B | - | €2,532 | +€2,532 | |
| Profit (loss) for the period before taxes | 9903 | €372 | -€116,374 | -€116,745 | |
| Income taxes | 67/77 | - | €8,164 | +€8,164 | |
| Profit (loss) for the period | 9904 | €372 | -€124,538 | -€124,909 | |
| Profit (loss) for the period to be appropriated | 9905 | €372 | -€124,538 | -€124,909 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.