IZMIR: what changed
Two fiscal 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.
IZMIR
Largest movements
- Receivables within one year +€25,000
new in 2025: €25,000
- Tangible fixed assets -€9,350
down €9,350 (-50.9%), from €18,361 to €9,011
of which Furniture and vehicles: -€9,239
- Trade debts +€16,462
up €16,462 (+223.2%), from €7,375 to €23,837
- Other debts -€4,539
down €4,539 (-10.8%), from €42,067 to €37,528
- Tax, wage and social debts +€3,078
up €3,078 (+20.4%), from €15,082 to €18,160
- Profit (loss) carried forward +€685
up €685 (+0.9%), from -€79,665 to -€78,980
- Gross operating margin -€15,044
down €15,044 (-55.1%), from €27,300 to €12,256
- Taxes -€4,708
down €4,708 (-76.8%), from €6,132 to €1,425
- Other operating charges -€1,061
down €1,061 (-60.9%), from €1,742 to €681
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.
Cash bridge derived
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 | €18,497 | €34,182 | +€15,686 | +84.8% |
| Fixed assets | 21/28 | €18,361 | €9,011 | -€9,350 | -50.9% |
| Tangible fixed assets | 22/27 | €18,361 | €9,011 | -€9,350 | -50.9% |
| Land and buildings | 22 | €111 | - | -€111 | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €18,250 | €9,011 | -€9,239 | -50.6% |
| Current assets | 29/58 | €135 | €25,171 | +€25,035 | +18513.2% |
| Amounts receivable within one year | 40/41 | - | €25,000 | +€25,000 | |
| Trade receivables | 40 | - | €25,000 | +€25,000 | |
| Cash at bank and in hand | 54/58 | €135 | €171 | +€35 | +26.2% |
| Total equity and liabilities | 10/49 | €18,497 | €34,182 | +€15,686 | +84.8% |
| Equity | 10/15 | -€46,027 | -€45,342 | +€685 | +1.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €15,088 | €15,088 | = | 0.0% |
| Non-distributable reserves | 130/1 | €42 | €42 | = | 0.0% |
| Reserves not available under the articles | 1311 | €42 | €42 | = | 0.0% |
| Distributable reserves | 133 | €15,046 | €15,046 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,665 | -€78,980 | +€685 | +0.9% |
| Amounts payable | 17/49 | €64,523 | €79,524 | +€15,001 | +23.2% |
| Amounts payable within one year | 42/48 | €64,523 | €79,524 | +€15,001 | +23.2% |
| Trade debts | 44 | €7,375 | €23,837 | +€16,462 | +223.2% |
| Suppliers | 440/4 | €7,375 | €23,837 | +€16,462 | +223.2% |
| Taxes, remuneration and social security | 45 | €15,082 | €18,160 | +€3,078 | +20.4% |
| Taxes | 450/3 | €15,082 | €18,160 | +€3,078 | +20.4% |
| Other amounts payable | 47/48 | €42,067 | €37,528 | -€4,539 | -10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,267 | €9,239 | -€28 | -0.3% |
| Other operating charges | 640/8 | €1,742 | €681 | -€1,061 | -60.9% |
| Gross operating margin | 9900 | €27,300 | €12,256 | -€15,044 | -55.1% |
| Operating profit (loss) | 9901 | €16,292 | €2,336 | -€13,956 | -85.7% |
| Financial charges | 65/66B | €21 | €150 | +€129 | +626.6% |
| Recurring financial charges | 65 | €21 | €39 | +€19 | +90.0% |
| Non-recurring financial charges | 66B | - | €111 | +€111 | |
| Profit (loss) for the period before taxes | 9903 | €16,271 | €2,186 | -€14,085 | -86.6% |
| Income taxes | 67/77 | €6,132 | €1,425 | -€4,708 | -76.8% |
| Profit (loss) for the period | 9904 | €10,139 | €761 | -€9,377 | -92.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,139 | €761 | -€9,377 | -92.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.