Oz Yalcin: 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.
Oz Yalcin
Largest movements
- Receivables within one year +€8,557
up €8,557 (+80.0%), from €10,693 to €19,250
- Cash -€5,293
down €5,293 (-58.9%), from €8,986 to €3,693
mainly Receivables within one year (-€8,557) and Trade debts (-€2,196)
- Tangible fixed assets -€570
down €570 (-60.0%), from €949 to €380
- Profit (loss) carried forward +€5,141
up €5,141 (+33.4%), from €15,389 to €20,529
- Trade debts -€2,196
down €2,196 (-84.3%), from €2,606 to €410
- Staff costs +€10,934
up €10,934 (+428%), from €2,557 to €13,491
- Gross operating margin +€10,104
up €10,104 (+74.5%), from €13,562 to €23,666
- Taxes +€900
up €900 (+26.7%), from €3,374 to €4,274
- Other operating charges -€854
no longer reported in 2025 (was €854)
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 | €24,198 | €27,142 | +€2,945 | +12.2% |
| Fixed assets | 21/28 | €1,348 | €778 | -€570 | -42.3% |
| Tangible fixed assets | 22/27 | €949 | €380 | -€570 | -60.0% |
| Furniture and vehicles | 24 | €949 | €380 | -€570 | -60.0% |
| Financial fixed assets | 28 | €398 | €398 | = | 0.0% |
| Current assets | 29/58 | €22,850 | €26,364 | +€3,514 | +15.4% |
| Stocks and contracts in progress | 3 | €3,171 | €3,421 | +€250 | +7.9% |
| Stocks | 30/36 | €3,171 | €3,421 | +€250 | +7.9% |
| Amounts receivable within one year | 40/41 | €10,693 | €19,250 | +€8,557 | +80.0% |
| Other amounts receivable | 41 | €10,693 | €19,250 | +€8,557 | +80.0% |
| Cash at bank and in hand | 54/58 | €8,986 | €3,693 | -€5,293 | -58.9% |
| Total equity and liabilities | 10/49 | €24,198 | €27,142 | +€2,945 | +12.2% |
| Equity | 10/15 | €21,589 | €26,729 | +€5,141 | +23.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,389 | €20,529 | +€5,141 | +33.4% |
| Amounts payable | 17/49 | €2,609 | €413 | -€2,196 | -84.2% |
| Amounts payable within one year | 42/48 | €2,609 | €413 | -€2,196 | -84.2% |
| Financial debts | 43 | €3 | €3 | = | 0.0% |
| Credit institutions | 430/8 | €3 | €3 | = | 0.0% |
| Trade debts | 44 | €2,606 | €410 | -€2,196 | -84.3% |
| Suppliers | 440/4 | €2,606 | €410 | -€2,196 | -84.3% |
| Remuneration, social security and pensions | 62 | €2,557 | €13,491 | +€10,934 | +428% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €380 | €570 | +€190 | +50.0% |
| Other operating charges | 640/8 | €854 | - | -€854 | |
| Gross operating margin | 9900 | €13,562 | €23,666 | +€10,104 | +74.5% |
| Operating profit (loss) | 9901 | €9,772 | €9,605 | -€167 | -1.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €163 | €190 | +€27 | +16.7% |
| Recurring financial charges | 65 | €163 | €190 | +€27 | +16.7% |
| Profit (loss) for the period before taxes | 9903 | €9,609 | €9,415 | -€194 | -2.0% |
| Income taxes | 67/77 | €3,374 | €4,274 | +€900 | +26.7% |
| Profit (loss) for the period | 9904 | €6,235 | €5,141 | -€1,094 | -17.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,235 | €5,141 | -€1,094 | -17.5% |
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 26 October 2026 via checked.be.