Canan Seyfeli: 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.
Canan Seyfeli
Largest movements
- Receivables within one year +€24,012
up €24,012 (+221%), from €10,889 to €34,900
of which Other amounts receivable: +€33,593
- Cash -€16,755
down €16,755 (-47.1%), from €35,599 to €18,844
mainly Receivables within one year (-€24,012) and Other debts (-€3,850)
- Reserves +€8,231
up €8,231 (+29.5%), from €27,940 to €36,171
- Tax, wage and social debts +€4,705
up €4,705 (+42.5%), from €11,079 to €15,784
- Other debts -€3,850
no longer reported in 2025 (was €3,850)
- Trade debts -€2,226
down €2,226 (-80.4%), from €2,768 to €541
- Gross operating margin -€24,722
down €24,722 (-59.6%), from €41,454 to €16,731
- Taxes -€6,373
down €6,373 (-57.5%), from €11,079 to €4,705
- Other operating charges +€2,557
up €2,557 (+381%), from €671 to €3,228
- Financial income +€910
new in 2025: €910
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 | €46,636 | €53,896 | +€7,259 | +15.6% |
| Fixed assets | 21/28 | €85 | €85 | = | 0.0% |
| Financial fixed assets | 28 | €85 | €85 | = | 0.0% |
| Current assets | 29/58 | €46,551 | €53,811 | +€7,259 | +15.6% |
| Amounts receivable within one year | 40/41 | €10,889 | €34,900 | +€24,012 | +221% |
| Trade receivables | 40 | €10,889 | €1,307 | -€9,582 | -88.0% |
| Other amounts receivable | 41 | - | €33,593 | +€33,593 | |
| Cash at bank and in hand | 54/58 | €35,599 | €18,844 | -€16,755 | -47.1% |
| Deferred charges and accrued income | 490/1 | €63 | €66 | +€3 | +4.7% |
| Total equity and liabilities | 10/49 | €46,636 | €53,896 | +€7,259 | +15.6% |
| Equity | 10/15 | €28,940 | €37,171 | +€8,231 | +28.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €27,940 | €36,171 | +€8,231 | +29.5% |
| Distributable reserves | 133 | €27,940 | €36,171 | +€8,231 | +29.5% |
| Amounts payable | 17/49 | €17,696 | €16,725 | -€971 | -5.5% |
| Amounts payable within one year | 42/48 | €17,696 | €16,325 | -€1,371 | -7.7% |
| Trade debts | 44 | €2,768 | €541 | -€2,226 | -80.4% |
| Suppliers | 440/4 | €2,768 | €541 | -€2,226 | -80.4% |
| Taxes, remuneration and social security | 45 | €11,079 | €15,784 | +€4,705 | +42.5% |
| Taxes | 450/3 | €11,079 | €15,784 | +€4,705 | +42.5% |
| Other amounts payable | 47/48 | €3,850 | - | -€3,850 | |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Other operating charges | 640/8 | €671 | €3,228 | +€2,557 | +381% |
| Gross operating margin | 9900 | €41,454 | €16,731 | -€24,722 | -59.6% |
| Operating profit (loss) | 9901 | €40,782 | €13,503 | -€27,279 | -66.9% |
| Financial income | 75/76B | - | €910 | +€910 | |
| Recurring financial income | 75 | - | €910 | +€910 | |
| Financial charges | 65/66B | €1,764 | €1,477 | -€287 | -16.3% |
| Recurring financial charges | 65 | €1,764 | €1,477 | -€287 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €39,019 | €12,936 | -€26,083 | -66.8% |
| Income taxes | 67/77 | €11,079 | €4,705 | -€6,373 | -57.5% |
| Profit (loss) for the period | 9904 | €27,940 | €8,231 | -€19,709 | -70.5% |
| Profit (loss) for the period to be appropriated | 9905 | €27,940 | €8,231 | -€19,709 | -70.5% |
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 27 October 2026 via checked.be.