EMRE ERDOGAN HOLDING: what changed
What changed
EMRE ERDOGAN HOLDING
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€419
2024 · €111,201-€110,782
Equity
€114,119
2024 · €113,701+€419
Cash
€7,355
2024 · €397+€6,958
Balance sheet total
€3.6m
2024 · €3.5m+€47,099
Largest movements
Assets
- Receivables within one year +€40,141
up €40,141 (+92.2%), from €43,550 to €83,691
of which Other amounts receivable: +€53,181
Equity and liabilities
- Debts after one year -€131,368
down €131,368 (-10.3%), from €1.3m to €1.1m
- Trade debts +€89,582
new in 2025: €89,582
- Tax, wage and social debts +€60,510
up €60,510 (+199%), from €30,400 to €90,910
Income statement
- Gross operating margin -€123,499
down €123,499 (-62.4%), from €198,000 to €74,501
- Financial charges +€62,674
up €62,674 (+748,797%), from €8 to €62,683
- Provisions -€56,391
no longer reported in 2025 (was €56,391)
- Taxes -€19,400
down €19,400 (-63.8%), from €30,400 to €11,000
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€111,201
Gross operating margin
-€123,499
Provisions
+€56,391
Other operating charges
-€400
Financial charges
-€62,674
Taxes
+€19,400
Result 2025
€419
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€132,369
Investment
€0
Financing
-€125,411
Cash 2024
€397
From operations (derived)
+€132,369
Net result for the year
+€419
Receivables within one year
-€40,141
Trade debts
+€89,582
Tax, wage and social debts
+€60,510
Other debts
+€22,000
Financing
-€125,411
Debts after one year
-€131,368
Current portion of long-term debt
+€5,958
Cash 2025
€7,355
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,543,950 | €3,591,049 | +€47,099 | +1.3% |
| Fixed assets | 21/28 | €3,500,003 | €3,500,003 | = | 0.0% |
| Financial fixed assets | 28 | €3,500,003 | €3,500,003 | = | 0.0% |
| Current assets | 29/58 | €43,947 | €91,046 | +€47,099 | +107% |
| Amounts receivable within one year | 40/41 | €43,550 | €83,691 | +€40,141 | +92.2% |
| Trade receivables | 40 | €38,550 | €25,510 | -€13,040 | -33.8% |
| Other amounts receivable | 41 | €5,000 | €58,181 | +€53,181 | +1,064% |
| Cash at bank and in hand | 54/58 | €397 | €7,355 | +€6,958 | +1,752% |
| Total equity and liabilities | 10/49 | €3,543,950 | €3,591,049 | +€47,099 | +1.3% |
| Equity | 10/15 | €113,701 | €114,119 | +€419 | +0.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €111,201 | €111,619 | +€419 | +0.4% |
| Amounts payable | 17/49 | €3,430,250 | €3,476,930 | +€46,680 | +1.4% |
| Amounts payable after more than one year | 17 | €1,274,435 | €1,143,067 | -€131,368 | -10.3% |
| Financial debts | 170/4 | €1,274,435 | €1,143,067 | -€131,368 | -10.3% |
| Amounts payable within one year | 42/48 | €2,155,814 | €2,333,863 | +€178,049 | +8.3% |
| Current portion of amounts payable after more than one year | 42 | €125,411 | €131,368 | +€5,958 | +4.8% |
| Trade debts | 44 | - | €89,582 | +€89,582 | |
| Suppliers | 440/4 | - | €89,582 | +€89,582 | |
| Taxes, remuneration and social security | 45 | €30,400 | €90,910 | +€60,510 | +199% |
| Taxes | 450/3 | €30,400 | €90,910 | +€60,510 | +199% |
| Other amounts payable | 47/48 | €2,000,003 | €2,022,003 | +€22,000 | +1.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €56,391 | - | -€56,391 | |
| Other operating charges | 640/8 | - | €400 | +€400 | |
| Gross operating margin | 9900 | €198,000 | €74,501 | -€123,499 | -62.4% |
| Operating profit (loss) | 9901 | €141,609 | €74,102 | -€67,508 | -47.7% |
| Financial charges | 65/66B | €8 | €62,683 | +€62,674 | +748,797% |
| Recurring financial charges | 65 | €8 | €62,683 | +€62,674 | +748,797% |
| Profit (loss) for the period before taxes | 9903 | €141,601 | €11,419 | -€130,182 | -91.9% |
| Income taxes | 67/77 | €30,400 | €11,000 | -€19,400 | -63.8% |
| Profit (loss) for the period | 9904 | €111,201 | €419 | -€110,782 | -99.6% |
| Profit (loss) for the period to be appropriated | 9905 | €111,201 | €419 | -€110,782 | -99.6% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.