Hanife Karaoglu: 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.
Hanife Karaoglu
Largest movements
- Receivables within one year +€20,975
up €20,975 (+138%), from €15,249 to €36,224
of which Other amounts receivable: +€11,491
- Deferred charges and accrued income -€1,603
down €1,603 (-85.0%), from €1,885 to €282
- Cash +€1,297
up €1,297 (+11.4%), from €11,357 to €12,654
mainly Net result for the year (+€15,979) and Tax, wage and social debts (+€7,036)
- Reserves +€15,979
up €15,979 (+76.9%), from €20,787 to €36,766
- Tax, wage and social debts +€7,036
up €7,036 (+532%), from €1,321 to €8,358
- Trade debts -€3,916
down €3,916 (-91.8%), from €4,265 to €349
- Accrued charges and deferred income +€1,569
up €1,569 (+1,328%), from €118 to €1,688
- Gross operating margin -€4,035
down €4,035 (-14.4%), from €27,965 to €23,930
- Taxes +€1,649
up €1,649 (+28.2%), from €5,854 to €7,504
- Financial income +€1,113
up €1,113 (+1,437%), from €77 to €1,191
- Other operating charges +€472
up €472 (+122%), from €387 to €860
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 | €28,491 | €49,160 | +€20,669 | +72.5% |
| Current assets | 29/58 | €28,491 | €49,160 | +€20,669 | +72.5% |
| Amounts receivable within one year | 40/41 | €15,249 | €36,224 | +€20,975 | +138% |
| Trade receivables | 40 | €1,718 | €11,202 | +€9,484 | +552% |
| Other amounts receivable | 41 | €13,531 | €25,022 | +€11,491 | +84.9% |
| Cash at bank and in hand | 54/58 | €11,357 | €12,654 | +€1,297 | +11.4% |
| Deferred charges and accrued income | 490/1 | €1,885 | €282 | -€1,603 | -85.0% |
| Total equity and liabilities | 10/49 | €28,491 | €49,160 | +€20,669 | +72.5% |
| Equity | 10/15 | €22,787 | €38,766 | +€15,979 | +70.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €20,787 | €36,766 | +€15,979 | +76.9% |
| Distributable reserves | 133 | €20,787 | €36,766 | +€15,979 | +76.9% |
| Amounts payable | 17/49 | €5,705 | €10,395 | +€4,690 | +82.2% |
| Amounts payable within one year | 42/48 | €5,587 | €8,707 | +€3,121 | +55.9% |
| Trade debts | 44 | €4,265 | €349 | -€3,916 | -91.8% |
| Suppliers | 440/4 | €4,265 | €349 | -€3,916 | -91.8% |
| Taxes, remuneration and social security | 45 | €1,321 | €8,358 | +€7,036 | +532% |
| Taxes | 450/3 | €1,321 | €8,358 | +€7,036 | +532% |
| Accrued charges and deferred income | 492/3 | €118 | €1,688 | +€1,569 | +1,328% |
| Other operating charges | 640/8 | €387 | €860 | +€472 | +122% |
| Gross operating margin | 9900 | €27,965 | €23,930 | -€4,035 | -14.4% |
| Operating profit (loss) | 9901 | €27,578 | €23,070 | -€4,508 | -16.3% |
| Financial income | 75/76B | €77 | €1,191 | +€1,113 | +1,437% |
| Recurring financial income | 75 | €77 | €1,191 | +€1,113 | +1,437% |
| Financial charges | 65/66B | €1,014 | €778 | -€236 | -23.3% |
| Recurring financial charges | 65 | €1,014 | €778 | -€236 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | €26,641 | €23,483 | -€3,158 | -11.9% |
| Income taxes | 67/77 | €5,854 | €7,504 | +€1,649 | +28.2% |
| Profit (loss) for the period | 9904 | €20,787 | €15,979 | -€4,807 | -23.1% |
| Profit (loss) for the period to be appropriated | 9905 | €20,787 | €15,979 | -€4,807 | -23.1% |
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 29 October 2026 via checked.be.