Korkmaz: 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.
Korkmaz
Largest movements
- Receivables within one year +€86,923
up €86,923 (+141%), from €61,779 to €148,702
- Financial fixed assets -€3,750
down €3,750 (-9.6%), from €39,015 to €35,265
- Profit (loss) carried forward +€46,612
up €46,612, from -€43,251 to €3,361
- Other debts +€29,034
up €29,034 (+162%), from €17,964 to €46,997
- Tax, wage and social debts +€10,052
up €10,052 (+18.9%), from €53,128 to €63,180
of which Taxes: +€9,197
- Trade debts -€4,976
down €4,976 (-6.4%), from €78,346 to €73,370
- Gross operating margin +€55,400
up €55,400 (+26.9%), from €205,685 to €261,086
- Financial income -€8,500
down €8,500 (-100.0%), from €8,500 to €0
of which Non-recurring financial income: -€8,500
- Depreciation +€5,255
up €5,255 (+55.8%), from €9,417 to €14,672
- Taxes +€4,406
new in 2025: €4,406
- Staff costs -€3,589
down €3,589 (-1.8%), from €197,279 to €193,690
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 | €108,187 | €189,420 | +€81,233 | +75.1% |
| Fixed assets | 21/28 | €44,830 | €40,542 | -€4,287 | -9.6% |
| Tangible fixed assets | 22/27 | €5,815 | €5,278 | -€537 | -9.2% |
| Furniture and vehicles | 24 | €5,815 | €5,278 | -€537 | -9.2% |
| Financial fixed assets | 28 | €39,015 | €35,265 | -€3,750 | -9.6% |
| Current assets | 29/58 | €63,357 | €148,878 | +€85,520 | +135% |
| Amounts receivable within one year | 40/41 | €61,779 | €148,702 | +€86,923 | +141% |
| Trade receivables | 40 | €61,779 | €148,702 | +€86,923 | +141% |
| Cash at bank and in hand | 54/58 | €1,579 | €176 | -€1,403 | -88.9% |
| Total equity and liabilities | 10/49 | €108,187 | €189,420 | +€81,233 | +75.1% |
| Equity | 10/15 | -€41,251 | €5,361 | +€46,612 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,251 | €3,361 | +€46,612 | |
| Amounts payable | 17/49 | €149,438 | €184,059 | +€34,621 | +23.2% |
| Amounts payable within one year | 42/48 | €149,438 | €183,547 | +€34,109 | +22.8% |
| Trade debts | 44 | €78,346 | €73,370 | -€4,976 | -6.4% |
| Suppliers | 440/4 | €78,346 | €73,370 | -€4,976 | -6.4% |
| Taxes, remuneration and social security | 45 | €53,128 | €63,180 | +€10,052 | +18.9% |
| Taxes | 450/3 | €21,339 | €30,537 | +€9,197 | +43.1% |
| Remuneration and social security | 454/9 | €31,789 | €32,643 | +€854 | +2.7% |
| Other amounts payable | 47/48 | €17,964 | €46,997 | +€29,034 | +162% |
| Accrued charges and deferred income | 492/3 | - | €512 | +€512 | |
| Non-recurring operating income | 76A | €8,500 | - | -€8,500 | |
| Remuneration, social security and pensions | 62 | €197,279 | €193,690 | -€3,589 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,417 | €14,672 | +€5,255 | +55.8% |
| Other operating charges | 640/8 | €1,751 | €1,405 | -€346 | -19.8% |
| Gross operating margin | 9900 | €205,685 | €261,086 | +€55,400 | +26.9% |
| Operating profit (loss) | 9901 | -€2,762 | €51,319 | +€54,081 | |
| Financial income | 75/76B | €8,500 | €0 | -€8,500 | -100.0% |
| Recurring financial income | 75 | €8,500 | €0 | -€8,500 | -100.0% |
| Non-recurring financial income | 76B | €8,500 | - | -€8,500 | |
| Financial charges | 65/66B | €224 | €301 | +€77 | +34.6% |
| Recurring financial charges | 65 | €224 | €301 | +€77 | +34.6% |
| Profit (loss) for the period before taxes | 9903 | €5,515 | €51,018 | +€45,503 | +825% |
| Income taxes | 67/77 | - | €4,406 | +€4,406 | |
| Profit (loss) for the period | 9904 | €5,515 | €46,612 | +€41,097 | +745% |
| Profit (loss) for the period to be appropriated | 9905 | €5,515 | €46,612 | +€41,097 | +745% |
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 21 October 2026 via checked.be.