ÖZCAN GROUP: 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.
ÖZCAN GROUP
Largest movements
- Deferred charges and accrued income -€19,109
down €19,109 (-99.6%), from €19,186 to €76
- Tangible fixed assets -€12,388
down €12,388 (-49.6%), from €24,988 to €12,600
of which Furniture and vehicles: -€12,727
- Receivables within one year +€10,842
up €10,842 (+4,613%), from €235 to €11,077
of which Other amounts receivable: +€10,597
- Cash -€5,838
down €5,838 (-51.5%), from €11,332 to €5,494
mainly Trade debts (-€14,791) and Receivables within one year (-€10,842)
- Trade debts -€14,791
down €14,791 (-71.3%), from €20,754 to €5,964
- Profit (loss) carried forward -€9,119
down €9,119 (-32.4%), from €28,133 to €19,014
- Tax, wage and social debts -€2,000
down €2,000 (-27.1%), from €7,369 to €5,369
- Debts after one year -€918
no longer reported in 2024 (was €918)
- Gross operating margin -€55,662
down €55,662 (-88.5%), from €62,889 to €7,226
- Staff costs -€17,017
down €17,017 (-92.0%), from €18,495 to €1,478
- Taxes -€6,141
no longer reported in 2024 (was €6,141)
- Depreciation -€4,905
down €4,905 (-49.9%), from €9,829 to €4,924
- Financial charges -€767
down €767 (-26.3%), from €2,920 to €2,153
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,174 | €33,347 | -€26,828 | -44.6% |
| Fixed assets | 21/28 | €25,290 | €12,901 | -€12,388 | -49.0% |
| Tangible fixed assets | 22/27 | €24,988 | €12,600 | -€12,388 | -49.6% |
| Land and buildings | 22 | €1,992 | €6,573 | +€4,580 | +230% |
| Plant, machinery and equipment | 23 | €9,608 | €5,366 | -€4,242 | -44.1% |
| Furniture and vehicles | 24 | €13,388 | €661 | -€12,727 | -95.1% |
| Financial fixed assets | 28 | €302 | €302 | = | 0.0% |
| Current assets | 29/58 | €34,884 | €20,445 | -€14,439 | -41.4% |
| Stocks and contracts in progress | 3 | €4,132 | €3,798 | -€333 | -8.1% |
| Stocks | 30/36 | €4,132 | €3,798 | -€333 | -8.1% |
| Amounts receivable within one year | 40/41 | €235 | €11,077 | +€10,842 | +4,613% |
| Trade receivables | 40 | - | €245 | +€245 | |
| Other amounts receivable | 41 | €235 | €10,832 | +€10,597 | +4,509% |
| Cash at bank and in hand | 54/58 | €11,332 | €5,494 | -€5,838 | -51.5% |
| Deferred charges and accrued income | 490/1 | €19,186 | €76 | -€19,109 | -99.6% |
| Total equity and liabilities | 10/49 | €60,174 | €33,347 | -€26,828 | -44.6% |
| Equity | 10/15 | €31,133 | €22,014 | -€9,119 | -29.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,133 | €19,014 | -€9,119 | -32.4% |
| Amounts payable | 17/49 | €29,041 | €11,332 | -€17,709 | -61.0% |
| Amounts payable after more than one year | 17 | €918 | - | -€918 | |
| Other amounts payable | 178/9 | €918 | - | -€918 | |
| Amounts payable within one year | 42/48 | €28,123 | €11,332 | -€16,791 | -59.7% |
| Trade debts | 44 | €20,754 | €5,964 | -€14,791 | -71.3% |
| Suppliers | 440/4 | €20,754 | €5,964 | -€14,791 | -71.3% |
| Taxes, remuneration and social security | 45 | €7,369 | €5,369 | -€2,000 | -27.1% |
| Taxes | 450/3 | €7,369 | €5,369 | -€2,000 | -27.1% |
| Remuneration, social security and pensions | 62 | €18,495 | €1,478 | -€17,017 | -92.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,829 | €4,924 | -€4,905 | -49.9% |
| Other operating charges | 640/8 | €1,325 | €600 | -€725 | -54.7% |
| Non-recurring operating charges | 66A | - | €7,190 | +€7,190 | |
| Gross operating margin | 9900 | €62,889 | €7,226 | -€55,662 | -88.5% |
| Operating profit (loss) | 9901 | €33,240 | -€6,965 | -€40,205 | |
| Financial income | 75/76B | €36 | - | -€36 | |
| Recurring financial income | 75 | €36 | - | -€36 | |
| Financial charges | 65/66B | €2,920 | €2,153 | -€767 | -26.3% |
| Recurring financial charges | 65 | €2,920 | €2,153 | -€767 | -26.3% |
| Profit (loss) for the period before taxes | 9903 | €30,357 | -€9,119 | -€39,475 | |
| Income taxes | 67/77 | €6,141 | - | -€6,141 | |
| Profit (loss) for the period | 9904 | €24,216 | -€9,119 | -€33,334 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,216 | -€9,119 | -€33,334 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.