OZNUR. Y: what changed
OZNUR. Y
Largest movements
- Tangible fixed assets +€124,753
up €124,753 (+291%), from €42,926 to €167,679
of which Leasing and similar rights: +€105,250
- Receivables within one year +€8,696
up €8,696 (+34.6%), from €25,130 to €33,826
of which Trade receivables: +€13,223
- Cash -€5,833
down €5,833 (-61.6%), from €9,474 to €3,641
mainly Investment in fixed assets (net) (-€142,532) and Receivables within one year (-€8,696)
- Debts after one year +€77,982
up €77,982 (+1,293%), from €6,030 to €84,012
- Current portion of long-term debt +€15,533
up €15,533 (+140%), from €11,131 to €26,664
- Other debts +€15,083
new in 2025: €15,083
- Trade debts +€11,813
up €11,813 (+72.0%), from €16,413 to €28,226
- Tax, wage and social debts +€6,679
up €6,679 (+24.0%), from €27,780 to €34,459
of which Taxes: +€5,368
- Purchases and services -€416,360
no longer reported in 2025 (was €416,360)
- Gross operating margin +€67,954
up €67,954 (+69.4%), from €97,882 to €165,837
- Staff costs +€36,270
up €36,270 (+48.2%), from €75,316 to €111,587
- Depreciation +€17,780
new in 2025: €17,780
- Financial charges +€9,853
up €9,853 (+123%), from €8,018 to €17,872
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €110,314 | €237,930 | +€127,616 | +116% |
| Fixed assets | 21/28 | €49,376 | €174,129 | +€124,753 | +253% |
| Tangible fixed assets | 22/27 | €42,926 | €167,679 | +€124,753 | +291% |
| Plant, machinery and equipment | 23 | €10,666 | €8,581 | -€2,085 | -19.5% |
| Furniture and vehicles | 24 | €2,402 | €23,990 | +€21,588 | +899% |
| Leasing and similar rights | 25 | €29,858 | €135,108 | +€105,250 | +353% |
| Financial fixed assets | 28 | €6,450 | €6,450 | = | 0.0% |
| Current assets | 29/58 | €60,938 | €63,801 | +€2,863 | +4.7% |
| Stocks and contracts in progress | 3 | €26,334 | €26,334 | = | 0.0% |
| Stocks | 30/36 | €26,334 | €26,334 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €25,130 | €33,826 | +€8,696 | +34.6% |
| Trade receivables | 40 | €20,209 | €33,432 | +€13,223 | +65.4% |
| Other amounts receivable | 41 | €4,921 | €394 | -€4,527 | -92.0% |
| Cash at bank and in hand | 54/58 | €9,474 | €3,641 | -€5,833 | -61.6% |
| Total equity and liabilities | 10/49 | €110,314 | €237,930 | +€127,616 | +116% |
| Equity | 10/15 | €48,961 | €49,486 | +€526 | +1.1% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €28,903 | €28,903 | = | 0.0% |
| Distributable reserves | 133 | €28,903 | €28,903 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,998 | €12,523 | +€526 | +4.4% |
| Amounts payable | 17/49 | €61,354 | €188,443 | +€127,090 | +207% |
| Amounts payable after more than one year | 17 | €6,030 | €84,012 | +€77,982 | +1,293% |
| Financial debts | 170/4 | €6,030 | €84,012 | +€77,982 | +1,293% |
| Amounts payable within one year | 42/48 | €55,323 | €104,431 | +€49,108 | +88.8% |
| Current portion of amounts payable after more than one year | 42 | €11,131 | €26,664 | +€15,533 | +140% |
| Trade debts | 44 | €16,413 | €28,226 | +€11,813 | +72.0% |
| Suppliers | 440/4 | €16,413 | €28,226 | +€11,813 | +72.0% |
| Taxes, remuneration and social security | 45 | €27,780 | €34,459 | +€6,679 | +24.0% |
| Taxes | 450/3 | €13,748 | €19,116 | +€5,368 | +39.0% |
| Remuneration and social security | 454/9 | €14,032 | €15,343 | +€1,311 | +9.3% |
| Other amounts payable | 47/48 | - | €15,083 | +€15,083 | |
| Goods, raw materials, services and sundry goods | 60/61 | €416,360 | - | -€416,360 | |
| Remuneration, social security and pensions | 62 | €75,316 | €111,587 | +€36,270 | +48.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €17,780 | +€17,780 | |
| Other operating charges | 640/8 | €3,275 | €11,045 | +€7,770 | +237% |
| Gross operating margin | 9900 | €97,882 | €165,837 | +€67,954 | +69.4% |
| Operating profit (loss) | 9901 | €19,291 | €25,425 | +€6,134 | +31.8% |
| Financial income | 75/76B | €205 | €751 | +€546 | +266% |
| Recurring financial income | 75 | €205 | €0 | -€205 | -99.9% |
| Non-recurring financial income | 76B | - | €751 | +€751 | |
| Financial charges | 65/66B | €8,018 | €17,872 | +€9,853 | +123% |
| Recurring financial charges | 65 | €8,018 | €17,872 | +€9,853 | +123% |
| Profit (loss) for the period before taxes | 9903 | €11,479 | €8,305 | -€3,174 | -27.7% |
| Income taxes | 67/77 | €6,961 | €7,779 | +€818 | +11.8% |
| Profit (loss) for the period | 9904 | €4,518 | €526 | -€3,992 | -88.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,518 | €526 | -€3,992 | -88.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.