KAVAK CEYLAN: 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.
KAVAK CEYLAN
Largest movements
- Tangible fixed assets -€4,232
down €4,232 (-41.2%), from €10,277 to €6,044
of which Other tangible fixed assets: -€3,415
- Cash +€1,219
up €1,219 (+32.5%), from €3,756 to €4,975
mainly Depreciation (+€4,232) and Receivables within one year (+€750)
- Receivables within one year -€750
down €750 (-100.0%), from €750 to €0
of which Trade receivables: -€750
- Other debts -€2,388
down €2,388 (-14.9%), from €15,974 to €13,586
- Trade debts -€1,126
down €1,126 (-59.3%), from €1,898 to €772
- Tax, wage and social debts +€598
up €598 (+24.0%), from €2,488 to €3,086
of which Taxes: +€1,598
- Profit (loss) carried forward -€464
down €464 (-2.7%), from -€17,167 to -€17,630
- Investment grants -€348
down €348 (-38.7%), from €900 to €551
- Gross operating margin -€2,770
down €2,770 (-43.7%), from €6,334 to €3,565
- Depreciation -€277
down €277 (-6.1%), from €4,509 to €4,232
- Financial income +€79
up €79 (+16.5%), from €483 to €563
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 | €22,993 | €19,149 | -€3,844 | -16.7% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €16,877 | €12,644 | -€4,232 | -25.1% |
| Tangible fixed assets | 22/27 | €10,277 | €6,044 | -€4,232 | -41.2% |
| Furniture and vehicles | 24 | €1,156 | €339 | -€817 | -70.7% |
| Other tangible fixed assets | 26 | €9,120 | €5,705 | -€3,415 | -37.4% |
| Financial fixed assets | 28 | €6,600 | €6,600 | = | 0.0% |
| Current assets | 29/58 | €6,116 | €6,505 | +€388 | +6.3% |
| Stocks and contracts in progress | 3 | €1,332 | €1,183 | -€149 | -11.2% |
| Stocks | 30/36 | €1,332 | €1,183 | -€149 | -11.2% |
| Amounts receivable within one year | 40/41 | €750 | €0 | -€750 | -100.0% |
| Trade receivables | 40 | €750 | €0 | -€750 | -100.0% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €3,756 | €4,975 | +€1,219 | +32.5% |
| Deferred charges and accrued income | 490/1 | €278 | €347 | +€69 | +24.7% |
| Total equity and liabilities | 10/49 | €22,993 | €19,149 | -€3,844 | -16.7% |
| Equity | 10/15 | €2,333 | €1,521 | -€812 | -34.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,167 | -€17,630 | -€464 | -2.7% |
| Investment grants | 15 | €900 | €551 | -€348 | -38.7% |
| Provisions and deferred taxes | 16 | €300 | €184 | -€116 | -38.7% |
| Deferred taxes | 168 | €300 | €184 | -€116 | -38.7% |
| Amounts payable | 17/49 | €20,361 | €17,445 | -€2,916 | -14.3% |
| Amounts payable within one year | 42/48 | €20,361 | €17,445 | -€2,916 | -14.3% |
| Trade debts | 44 | €1,898 | €772 | -€1,126 | -59.3% |
| Suppliers | 440/4 | €1,898 | €772 | -€1,126 | -59.3% |
| Taxes, remuneration and social security | 45 | €2,488 | €3,086 | +€598 | +24.0% |
| Taxes | 450/3 | €488 | €2,086 | +€1,598 | +327.1% |
| Remuneration and social security | 454/9 | €2,000 | €1,000 | -€1,000 | -50.0% |
| Other amounts payable | 47/48 | €15,974 | €13,586 | -€2,388 | -14.9% |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,509 | €4,232 | -€277 | -6.1% |
| Other operating charges | 640/8 | €395 | €400 | +€5 | +1.3% |
| Gross operating margin | 9900 | €6,334 | €3,565 | -€2,770 | -43.7% |
| Operating profit (loss) | 9901 | €1,431 | -€1,067 | -€2,498 | |
| Financial income | 75/76B | €483 | €563 | +€79 | +16.5% |
| Recurring financial income | 75 | €483 | €563 | +€79 | +16.5% |
| Financial charges | 65/66B | €71 | €75 | +€4 | +5.4% |
| Recurring financial charges | 65 | €71 | €75 | +€4 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | €1,843 | -€580 | -€2,422 | |
| Transfer from deferred taxes | 780 | €116 | €116 | = | 0.0% |
| Profit (loss) for the period | 9904 | €1,959 | -€464 | -€2,422 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,959 | -€464 | -€2,422 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.