SERGIU TURCANU: what changed
SERGIU TURCANU
Largest movements
- Cash +€9,152
up €9,152 (+124%), from €7,409 to €16,562
mainly Net result for the year (+€15,644) and Depreciation (+€3,400)
- Tangible fixed assets -€3,400
down €3,400 (-56.1%), from €6,064 to €2,664
- Receivables within one year +€1,191
up €1,191 (+5.7%), from €20,841 to €22,032
of which Trade receivables: +€1,191
- Profit (loss) carried forward +€15,644
up €15,644 (+146%), from €10,724 to €26,368
- Other debts -€12,309
down €12,309 (-99.6%), from €12,363 to €54
- Tax, wage and social debts +€3,245
up €3,245 (+38.6%), from €8,411 to €11,656
of which Taxes: +€4,132
- Trade debts +€622
up €622 (+54.7%), from €1,138 to €1,761
- Gross operating margin +€20,190
up €20,190 (+50.6%), from €39,925 to €60,115
- Taxes +€4,055
up €4,055 (+447%), from €908 to €4,963
- Staff costs -€726
down €726 (-2.0%), from €36,157 to €35,431
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 | €35,136 | €42,338 | +€7,202 | +20.5% |
| Fixed assets | 21/28 | €6,064 | €2,664 | -€3,400 | -56.1% |
| Tangible fixed assets | 22/27 | €6,064 | €2,664 | -€3,400 | -56.1% |
| Furniture and vehicles | 24 | €6,064 | €2,664 | -€3,400 | -56.1% |
| Current assets | 29/58 | €29,072 | €39,674 | +€10,602 | +36.5% |
| Amounts receivable within one year | 40/41 | €20,841 | €22,032 | +€1,191 | +5.7% |
| Trade receivables | 40 | €20,841 | €22,032 | +€1,191 | +5.7% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €7,409 | €16,562 | +€9,152 | +124% |
| Deferred charges and accrued income | 490/1 | €822 | €1,081 | +€259 | +31.5% |
| Total equity and liabilities | 10/49 | €35,136 | €42,338 | +€7,202 | +20.5% |
| Equity | 10/15 | €13,224 | €28,868 | +€15,644 | +118% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,724 | €26,368 | +€15,644 | +146% |
| Amounts payable | 17/49 | €21,913 | €13,470 | -€8,442 | -38.5% |
| Amounts payable within one year | 42/48 | €21,913 | €13,470 | -€8,442 | -38.5% |
| Trade debts | 44 | €1,138 | €1,761 | +€622 | +54.7% |
| Suppliers | 440/4 | €1,138 | €1,761 | +€622 | +54.7% |
| Taxes, remuneration and social security | 45 | €8,411 | €11,656 | +€3,245 | +38.6% |
| Taxes | 450/3 | €7,524 | €11,656 | +€4,132 | +54.9% |
| Remuneration and social security | 454/9 | €887 | €0 | -€887 | -100% |
| Other amounts payable | 47/48 | €12,363 | €54 | -€12,309 | -99.6% |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €36,157 | €35,431 | -€726 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,400 | €3,400 | = | 0.0% |
| Other operating charges | 640/8 | €626 | €574 | -€52 | -8.3% |
| Gross operating margin | 9900 | €39,925 | €60,115 | +€20,190 | +50.6% |
| Operating profit (loss) | 9901 | -€259 | €20,709 | +€20,968 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €267 | €102 | -€165 | -61.7% |
| Recurring financial charges | 65 | €267 | €102 | -€165 | -61.7% |
| Profit (loss) for the period before taxes | 9903 | -€526 | €20,607 | +€21,133 | |
| Income taxes | 67/77 | €908 | €4,963 | +€4,055 | +447% |
| Profit (loss) for the period | 9904 | -€1,433 | €15,644 | +€17,077 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,433 | €15,644 | +€17,077 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.