Groupe Koç: what changed
Groupe Koç
Largest movements
- Receivables within one year +€7,599
up €7,599 (+164%), from €4,642 to €12,241
of which Other amounts receivable: +€9,561
- Deferred charges and accrued income -€5,999
no longer reported in 2025 (was €5,999)
- Tangible fixed assets +€2,475
new in 2025: €2,475
- Cash +€1,427
up €1,427 (+1,670%), from €85 to €1,512
mainly Net result for the year (+€15,394) and Deferred charges and accrued income (+€5,999)
- Profit (loss) carried forward +€15,394
up €15,394, from -€3,349 to €12,045
- Other debts -€9,574
down €9,574 (-96.5%), from €9,917 to €343
- Trade debts -€720
down €720 (-18.2%), from €3,947 to €3,227
- Advances received +€613
new in 2025: €613
- Tax, wage and social debts -€211
no longer reported in 2025 (was €211)
- Turnover +€55,355
up €55,355 (+150%), from €36,944 to €92,299
- Purchases and services +€41,084
up €41,084 (+128%), from €32,149 to €73,233
- Gross operating margin +€14,272
up €14,272 (+298%), from €4,794 to €19,066
- Depreciation +€2,475
new in 2025: €2,475
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €10,726 | €16,229 | +€5,503 | +51.3% |
| Fixed assets | 21/28 | - | €2,475 | +€2,475 | |
| Tangible fixed assets | 22/27 | - | €2,475 | +€2,475 | |
| Furniture and vehicles | 24 | - | €2,475 | +€2,475 | |
| Current assets | 29/58 | €10,726 | €13,754 | +€3,028 | +28.2% |
| Amounts receivable within one year | 40/41 | €4,642 | €12,241 | +€7,599 | +164% |
| Trade receivables | 40 | €1,962 | - | -€1,962 | |
| Other amounts receivable | 41 | €2,680 | €12,241 | +€9,561 | +357% |
| Cash at bank and in hand | 54/58 | €85 | €1,512 | +€1,427 | +1,670% |
| Deferred charges and accrued income | 490/1 | €5,999 | - | -€5,999 | |
| Total equity and liabilities | 10/49 | €10,726 | €16,229 | +€5,503 | +51.3% |
| Equity | 10/15 | -€3,348 | €12,046 | +€15,394 | |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,349 | €12,045 | +€15,394 | |
| Amounts payable | 17/49 | €14,074 | €4,182 | -€9,891 | -70.3% |
| Amounts payable within one year | 42/48 | €14,074 | €4,182 | -€9,891 | -70.3% |
| Trade debts | 44 | €3,947 | €3,227 | -€720 | -18.2% |
| Suppliers | 440/4 | €3,947 | €3,227 | -€720 | -18.2% |
| Advances received on contracts in progress | 46 | - | €613 | +€613 | |
| Taxes, remuneration and social security | 45 | €211 | - | -€211 | |
| Taxes | 450/3 | €211 | - | -€211 | |
| Other amounts payable | 47/48 | €9,917 | €343 | -€9,574 | -96.5% |
| Turnover | 70 | €36,944 | €92,299 | +€55,355 | +150% |
| Goods, raw materials, services and sundry goods | 60/61 | €32,149 | €73,233 | +€41,084 | +128% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,475 | +€2,475 | |
| Other operating charges | 640/8 | €493 | €1,144 | +€651 | +132% |
| Gross operating margin | 9900 | €4,794 | €19,066 | +€14,272 | +298% |
| Operating profit (loss) | 9901 | €4,301 | €15,447 | +€11,146 | +259% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €39 | €53 | +€15 | +38.4% |
| Recurring financial charges | 65 | €39 | €53 | +€15 | +38.4% |
| Profit (loss) for the period before taxes | 9903 | €4,262 | €15,394 | +€11,132 | +261% |
| Profit (loss) for the period | 9904 | €4,262 | €15,394 | +€11,132 | +261% |
| Profit (loss) for the period to be appropriated | 9905 | €4,262 | €15,394 | +€11,132 | +261% |
Next steps
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 3 November 2026 via checked.be.