BIRLIK-23: 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.
BIRLIK-23
Largest movements
- Tangible fixed assets +€45,761
up €45,761 (+86.2%), from €53,073 to €98,834
of which Furniture and vehicles: +€52,220
- Receivables within one year +€39,993
new in 2025: €39,993
- Stocks and contracts -€19,976
down €19,976 (-28.8%), from €69,460 to €49,484
- Other debts +€22,975
up €22,975 (+48.9%), from €47,024 to €69,999
- Trade debts +€20,900
up €20,900 (+74.0%), from €28,243 to €49,143
- Debts after one year +€15,523
new in 2025: €15,523
- Profit (loss) carried forward +€2,720
up €2,720 (+8.5%), from €32,099 to €34,819
- Staff costs +€76,440
up €76,440 (+87.5%), from €87,316 to €163,756
- Gross operating margin +€39,377
up €39,377 (+29.1%), from €135,312 to €174,689
- Financial income +€31,479
new in 2025: €31,479
of which Financial income: +€31,479
- Depreciation +€13,610
up €13,610 (+115%), from €11,868 to €25,478
- Taxes -€4,426
no longer reported in 2025 (was €4,426)
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 | €155,030 | €219,896 | +€64,866 | +41.8% |
| Fixed assets | 21/28 | €56,973 | €102,734 | +€45,761 | +80.3% |
| Tangible fixed assets | 22/27 | €53,073 | €98,834 | +€45,761 | +86.2% |
| Plant, machinery and equipment | 23 | €53,073 | €46,614 | -€6,459 | -12.2% |
| Furniture and vehicles | 24 | - | €52,220 | +€52,220 | |
| Financial fixed assets | 28 | €3,900 | €3,900 | = | 0.0% |
| Current assets | 29/58 | €98,056 | €117,162 | +€19,105 | +19.5% |
| Stocks and contracts in progress | 3 | €69,460 | €49,484 | -€19,976 | -28.8% |
| Stocks | 30/36 | €69,460 | €49,484 | -€19,976 | -28.8% |
| Amounts receivable within one year | 40/41 | - | €39,993 | +€39,993 | |
| Trade receivables | 40 | - | €39,993 | +€39,993 | |
| Cash at bank and in hand | 54/58 | €28,596 | €27,685 | -€911 | -3.2% |
| Total equity and liabilities | 10/49 | €155,030 | €219,896 | +€64,866 | +41.8% |
| Equity | 10/15 | €68,789 | €71,509 | +€2,720 | +4.0% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Capital | 10 | €35,000 | €35,000 | = | 0.0% |
| Issued capital | 100 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €1,689 | €1,689 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,689 | €1,689 | = | 0.0% |
| Legal reserve | 130 | €1,689 | €1,689 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,099 | €34,819 | +€2,720 | +8.5% |
| Amounts payable | 17/49 | €86,241 | €148,387 | +€62,147 | +72.1% |
| Amounts payable after more than one year | 17 | - | €15,523 | +€15,523 | |
| Financial debts | 170/4 | - | €15,523 | +€15,523 | |
| Amounts payable within one year | 42/48 | €86,241 | €132,864 | +€46,624 | +54.1% |
| Financial debts | 43 | €2,607 | €3,652 | +€1,045 | +40.1% |
| Credit institutions | 430/8 | €2,607 | €3,652 | +€1,045 | +40.1% |
| Trade debts | 44 | €28,243 | €49,143 | +€20,900 | +74.0% |
| Suppliers | 440/4 | €28,243 | €49,143 | +€20,900 | +74.0% |
| Taxes, remuneration and social security | 45 | €8,366 | €10,070 | +€1,704 | +20.4% |
| Taxes | 450/3 | €8,366 | €10,070 | +€1,704 | +20.4% |
| Other amounts payable | 47/48 | €47,024 | €69,999 | +€22,975 | +48.9% |
| Remuneration, social security and pensions | 62 | €87,316 | €163,756 | +€76,440 | +87.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,868 | €25,478 | +€13,610 | +115% |
| Other operating charges | 640/8 | €1,634 | €2,706 | +€1,073 | +65.7% |
| Gross operating margin | 9900 | €135,312 | €174,689 | +€39,377 | +29.1% |
| Operating profit (loss) | 9901 | €34,494 | -€17,251 | -€51,745 | |
| Financial income | 75/76B | - | €31,479 | +€31,479 | |
| Recurring financial income | 75 | - | €31,479 | +€31,479 | |
| Non-recurring financial income | 76B | - | €31,479 | +€31,479 | |
| Financial charges | 65/66B | €14,225 | €11,508 | -€2,717 | -19.1% |
| Recurring financial charges | 65 | €5,607 | €11,508 | +€5,902 | +105% |
| Non-recurring financial charges | 66B | €8,619 | - | -€8,619 | |
| Profit (loss) for the period before taxes | 9903 | €20,269 | €2,720 | -€17,549 | -86.6% |
| Income taxes | 67/77 | €4,426 | - | -€4,426 | |
| Profit (loss) for the period | 9904 | €15,843 | €2,720 | -€13,123 | -82.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,843 | €2,720 | -€13,123 | -82.8% |
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 15 October 2026 via checked.be.