Sencan Akyüz: 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.
Sencan Akyüz
Largest movements
- Tangible fixed assets +€711,851
up €711,851 (+23333.0%), from €3,051 to €714,902
of which Land and buildings: +€710,760
- Receivables within one year -€38,334
down €38,334 (-32.0%), from €119,803 to €81,469
of which Trade receivables: -€56,513
- Deferred charges and accrued income -€12,712
down €12,712 (-92.3%), from €13,770 to €1,058
- Cash +€9,755
up €9,755 (+12.2%), from €80,197 to €89,952
mainly Debts after one year (+€519,142) and Trade debts (+€63,122)
- Debts after one year +€519,142
up €519,142 (+10247.9%), from €5,066 to €524,208
- Trade debts +€63,122
new in 2024: €63,122
- Current portion of long-term debt +€36,155
new in 2024: €36,155
- Tax, wage and social debts +€28,802
up €28,802 (+61.4%), from €46,910 to €75,712
of which Remuneration and social security: +€19,092
- Advances received +€13,114
new in 2024: €13,114
- Turnover +€179,023
up €179,023 (+55.1%), from €324,903 to €503,926
- Purchases and services +€129,446
up €129,446 (+150.1%), from €86,269 to €215,715
- Staff costs +€98,374
up €98,374 (+66.9%), from €147,016 to €245,390
- Gross operating margin +€49,576
up €49,576 (+20.8%), from €238,635 to €288,211
- Taxes -€21,474
down €21,474 (-58.9%), from €36,474 to €15,000
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 | €216,821 | €887,381 | +€670,560 | +309.3% |
| Fixed assets | 21/28 | €3,051 | €714,902 | +€711,851 | +23333.0% |
| Tangible fixed assets | 22/27 | €3,051 | €714,902 | +€711,851 | +23333.0% |
| Land and buildings | 22 | €1,404 | €712,164 | +€710,760 | +50636.2% |
| Plant, machinery and equipment | 23 | - | €1,091 | +€1,091 | |
| Furniture and vehicles | 24 | €1,647 | €1,647 | -€0 | 0.0% |
| Current assets | 29/58 | €213,770 | €172,479 | -€41,291 | -19.3% |
| Amounts receivable within one year | 40/41 | €119,803 | €81,469 | -€38,334 | -32.0% |
| Trade receivables | 40 | €61,000 | €4,487 | -€56,513 | -92.6% |
| Other amounts receivable | 41 | €58,803 | €76,982 | +€18,179 | +30.9% |
| Cash at bank and in hand | 54/58 | €80,197 | €89,952 | +€9,755 | +12.2% |
| Deferred charges and accrued income | 490/1 | €13,770 | €1,058 | -€12,712 | -92.3% |
| Total equity and liabilities | 10/49 | €216,821 | €887,381 | +€670,560 | +309.3% |
| Equity | 10/15 | €164,845 | €175,070 | +€10,225 | +6.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Capital | 10 | €50,000 | - | -€50,000 | |
| Issued capital | 100 | €50,000 | - | -€50,000 | |
| Profit (loss) carried forward | 14 | €114,845 | €125,070 | +€10,225 | +8.9% |
| Amounts payable | 17/49 | €51,976 | €712,311 | +€660,335 | +1270.5% |
| Amounts payable after more than one year | 17 | €5,066 | €524,208 | +€519,142 | +10247.9% |
| Financial debts | 170/4 | €5,066 | €524,208 | +€519,142 | +10247.9% |
| Amounts payable within one year | 42/48 | €46,910 | €188,103 | +€141,193 | +301.0% |
| Current portion of amounts payable after more than one year | 42 | - | €36,155 | +€36,155 | |
| Trade debts | 44 | - | €63,122 | +€63,122 | |
| Suppliers | 440/4 | - | €63,122 | +€63,122 | |
| Advances received on contracts in progress | 46 | - | €13,114 | +€13,114 | |
| Taxes, remuneration and social security | 45 | €46,910 | €75,712 | +€28,802 | +61.4% |
| Taxes | 450/3 | €46,910 | €56,620 | +€9,710 | +20.7% |
| Remuneration and social security | 454/9 | - | €19,092 | +€19,092 | |
| Turnover | 70 | €324,903 | €503,926 | +€179,023 | +55.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €86,269 | €215,715 | +€129,446 | +150.1% |
| Remuneration, social security and pensions | 62 | €147,016 | €245,390 | +€98,374 | +66.9% |
| Other operating charges | 640/8 | €9,896 | €6,016 | -€3,880 | -39.2% |
| Gross operating margin | 9900 | €238,635 | €288,211 | +€49,576 | +20.8% |
| Operating profit (loss) | 9901 | €81,723 | €36,805 | -€44,918 | -55.0% |
| Financial income | 75/76B | €4,180 | €2,178 | -€2,002 | -47.9% |
| Recurring financial income | 75 | €4,180 | €2,178 | -€2,002 | -47.9% |
| Financial charges | 65/66B | €626 | €13,757 | +€13,131 | +2096.4% |
| Recurring financial charges | 65 | €626 | €13,757 | +€13,131 | +2096.4% |
| Profit (loss) for the period before taxes | 9903 | €85,277 | €25,226 | -€60,051 | -70.4% |
| Income taxes | 67/77 | €36,474 | €15,000 | -€21,474 | -58.9% |
| Profit (loss) for the period | 9904 | €48,803 | €10,226 | -€38,577 | -79.0% |
| Profit (loss) for the period to be appropriated | 9905 | €48,803 | €10,226 | -€38,577 | -79.0% |
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 7 October 2026 via checked.be.