Simsek Suat: 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.
Simsek Suat
Largest movements
- Cash -€29,471
down €29,471 (-50.6%), from €58,232 to €28,761
mainly Net result for the year (-€27,898) and Current portion of long-term debt (-€6,869)
- Tangible fixed assets -€12,237
down €12,237 (-29.3%), from €41,810 to €29,573
- Receivables within one year +€2,105
up €2,105 (+173.9%), from €1,210 to €3,315
- Profit (loss) carried forward -€27,898
down €27,898 (-99.3%), from €28,082 to €184
- Current portion of long-term debt -€6,869
no longer reported in 2025 (was €6,869)
- Tax, wage and social debts -€4,875
down €4,875 (-92.7%), from €5,260 to €385
of which Taxes: -€4,875
- Gross operating margin -€12,649
down €12,649 (-1048.3%), from -€1,207 to -€13,856
- Financial income +€908
new in 2025: €908
- Financial charges +€353
up €353 (+26.4%), from €1,337 to €1,690
- Taxes +€235
new in 2025: €235
- Staff costs -€192
down €192 (-32.3%), from €595 to €403
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €101,253 | €61,649 | -€39,604 | -39.1% |
| Fixed assets | 21/28 | €41,810 | €29,573 | -€12,237 | -29.3% |
| Tangible fixed assets | 22/27 | €41,810 | €29,573 | -€12,237 | -29.3% |
| Furniture and vehicles | 24 | €41,810 | €29,573 | -€12,237 | -29.3% |
| Current assets | 29/58 | €59,442 | €32,076 | -€27,366 | -46.0% |
| Amounts receivable within one year | 40/41 | €1,210 | €3,315 | +€2,105 | +173.9% |
| Other amounts receivable | 41 | €1,210 | €3,315 | +€2,105 | +173.9% |
| Cash at bank and in hand | 54/58 | €58,232 | €28,761 | -€29,471 | -50.6% |
| Total equity and liabilities | 10/49 | €101,253 | €61,649 | -€39,604 | -39.1% |
| Equity | 10/15 | €87,299 | €59,401 | -€27,898 | -32.0% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Reserves | 13 | €59,017 | €59,017 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €57,157 | €57,157 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,082 | €184 | -€27,898 | -99.3% |
| Amounts payable | 17/49 | €13,953 | €2,248 | -€11,705 | -83.9% |
| Amounts payable within one year | 42/48 | €13,953 | €2,248 | -€11,705 | -83.9% |
| Current portion of amounts payable after more than one year | 42 | €6,869 | - | -€6,869 | |
| Trade debts | 44 | €1,824 | €1,863 | +€39 | +2.1% |
| Suppliers | 440/4 | €1,824 | €1,863 | +€39 | +2.1% |
| Taxes, remuneration and social security | 45 | €5,260 | €385 | -€4,875 | -92.7% |
| Taxes | 450/3 | €5,260 | €385 | -€4,875 | -92.7% |
| Remuneration and social security | 454/9 | €0 | €0 | = | 0.0% |
| Non-recurring operating income | 76A | €4,759 | - | -€4,759 | |
| Remuneration, social security and pensions | 62 | €595 | €403 | -€192 | -32.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,237 | €12,237 | = | 0.0% |
| Other operating charges | 640/8 | €567 | €386 | -€181 | -31.9% |
| Gross operating margin | 9900 | -€1,207 | -€13,856 | -€12,649 | -1048.3% |
| Operating profit (loss) | 9901 | -€14,606 | -€26,882 | -€12,276 | -84.0% |
| Financial income | 75/76B | - | €908 | +€908 | |
| Recurring financial income | 75 | - | €908 | +€908 | |
| Financial charges | 65/66B | €1,337 | €1,690 | +€353 | +26.4% |
| Recurring financial charges | 65 | €1,337 | €1,690 | +€353 | +26.4% |
| Profit (loss) for the period before taxes | 9903 | -€15,943 | -€27,664 | -€11,721 | -73.5% |
| Income taxes | 67/77 | - | €235 | +€235 | |
| Profit (loss) for the period | 9904 | -€15,943 | -€27,898 | -€11,956 | -75.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,943 | -€27,898 | -€11,956 | -75.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.