POYRAZ: what changed
Two fiscal 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.
POYRAZ
Largest movements
- Receivables within one year +€79,586
up €79,586 (+67.0%), from €118,770 to €198,356
of which Other amounts receivable: +€81,752
- Cash -€45,078
down €45,078 (-79.1%), from €56,960 to €11,882
mainly Receivables within one year (-€79,586) and Accrued charges and deferred income (-€32,381)
- Tangible fixed assets +€17,669
up €17,669 (+32.2%), from €54,851 to €72,520
of which Other tangible fixed assets: +€11,475
- Trade debts +€40,994
up €40,994 (+156.1%), from €26,258 to €67,252
- Accrued charges and deferred income -€32,381
no longer reported in 2024 (was €32,381)
- Debts after one year +€24,000
new in 2024: €24,000
- Current portion of long-term debt +€13,258
new in 2024: €13,258
- Profit (loss) carried forward +€13,173
up €13,173 (+12.2%), from €108,043 to €121,216
- Gross operating margin -€55,770
down €55,770 (-37.8%), from €147,462 to €91,693
- Taxes -€19,459
down €19,459 (-80.1%), from €24,290 to €4,831
- Staff costs +€10,885
up €10,885 (+21.8%), from €49,850 to €60,735
- Financial charges -€2,999
down €2,999 (-77.7%), from €3,859 to €860
- Depreciation +€2,494
up €2,494 (+32.7%), from €7,632 to €10,126
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.
Cash bridge derived
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 | €231,293 | €283,391 | +€52,098 | +22.5% |
| Formation expenses | 20 | €337 | €148 | -€190 | -56.2% |
| Fixed assets | 21/28 | €55,226 | €72,895 | +€17,669 | +32.0% |
| Tangible fixed assets | 22/27 | €54,851 | €72,520 | +€17,669 | +32.2% |
| Plant, machinery and equipment | 23 | €28,295 | €34,737 | +€6,442 | +22.8% |
| Furniture and vehicles | 24 | €729 | €481 | -€248 | -34.0% |
| Other tangible fixed assets | 26 | €25,827 | €37,302 | +€11,475 | +44.4% |
| Financial fixed assets | 28 | €375 | €375 | = | 0.0% |
| Current assets | 29/58 | €175,730 | €210,348 | +€34,619 | +19.7% |
| Amounts receivable within one year | 40/41 | €118,770 | €198,356 | +€79,586 | +67.0% |
| Trade receivables | 40 | €41,766 | €39,600 | -€2,166 | -5.2% |
| Other amounts receivable | 41 | €77,005 | €158,756 | +€81,752 | +106.2% |
| Cash at bank and in hand | 54/58 | €56,960 | €11,882 | -€45,078 | -79.1% |
| Deferred charges and accrued income | 490/1 | - | €110 | +€110 | |
| Total equity and liabilities | 10/49 | €231,293 | €283,391 | +€52,098 | +22.5% |
| Equity | 10/15 | €118,043 | €131,216 | +€13,173 | +11.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €108,043 | €121,216 | +€13,173 | +12.2% |
| Amounts payable | 17/49 | €113,250 | €152,175 | +€38,925 | +34.4% |
| Amounts payable after more than one year | 17 | - | €24,000 | +€24,000 | |
| Financial debts | 170/4 | - | €24,000 | +€24,000 | |
| Amounts payable within one year | 42/48 | €80,869 | €128,175 | +€47,306 | +58.5% |
| Current portion of amounts payable after more than one year | 42 | - | €13,258 | +€13,258 | |
| Trade debts | 44 | €26,258 | €67,252 | +€40,994 | +156.1% |
| Suppliers | 440/4 | €26,258 | €67,252 | +€40,994 | +156.1% |
| Taxes, remuneration and social security | 45 | €43,402 | €40,144 | -€3,258 | -7.5% |
| Taxes | 450/3 | €38,325 | €32,248 | -€6,077 | -15.9% |
| Remuneration and social security | 454/9 | €5,077 | €7,896 | +€2,819 | +55.5% |
| Other amounts payable | 47/48 | €11,209 | €7,521 | -€3,688 | -32.9% |
| Accrued charges and deferred income | 492/3 | €32,381 | - | -€32,381 | |
| Remuneration, social security and pensions | 62 | €49,850 | €60,735 | +€10,885 | +21.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,632 | €10,126 | +€2,494 | +32.7% |
| Other operating charges | 640/8 | €3,897 | €1,969 | -€1,929 | -49.5% |
| Gross operating margin | 9900 | €147,462 | €91,693 | -€55,770 | -37.8% |
| Operating profit (loss) | 9901 | €86,083 | €18,863 | -€67,220 | -78.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -83.3% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -83.3% |
| Financial charges | 65/66B | €3,859 | €860 | -€2,999 | -77.7% |
| Recurring financial charges | 65 | €3,859 | €860 | -€2,999 | -77.7% |
| Profit (loss) for the period before taxes | 9903 | €82,225 | €18,004 | -€64,221 | -78.1% |
| Income taxes | 67/77 | €24,290 | €4,831 | -€19,459 | -80.1% |
| Profit (loss) for the period | 9904 | €57,935 | €13,173 | -€44,762 | -77.3% |
| Profit (loss) for the period to be appropriated | 9905 | €57,935 | €13,173 | -€44,762 | -77.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.