TURAN HOLDING: what changed
Two financial 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.
TURAN HOLDING
Largest movements
- Cash +€20,273
new in 2025: €20,273
mainly Trade debts (+€36,212) and Receivables within one year (+€14,520)
- Receivables within one year -€14,520
down €14,520 (-25.4%), from €57,274 to €42,754
- Tangible fixed assets -€11,356
down €11,356 (-56.9%), from €19,950 to €8,594
- Stocks and contracts +€3,100
up €3,100 (+13.4%), from €23,220 to €26,320
- Trade debts +€36,212
up €36,212 (+1,188%), from €3,048 to €39,260
- Other debts -€24,939
down €24,939 (-72.3%), from €34,487 to €9,548
- Tax, wage and social debts -€13,785
down €13,785 (-57.4%), from €24,000 to €10,215
of which Remuneration and social security: -€8,210
- Short-term financial debts -€2,198
no longer reported in 2025 (was €2,198)
- Profit (loss) carried forward +€2,170
up €2,170 (+12.7%), from €17,042 to €19,211
- Purchases and services +€296,389
up €296,389 (+29.1%), from €1.0m to €1.3m
- Turnover +€241,443
up €241,443 (+21.4%), from €1.1m to €1.4m
- Gross operating margin -€54,087
down €54,087 (-50.0%), from €108,271 to €54,184
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.
Derived cash bridge
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 | €100,875 | €98,335 | -€2,540 | -2.5% |
| Fixed assets | 21/28 | €19,950 | €8,594 | -€11,356 | -56.9% |
| Tangible fixed assets | 22/27 | €19,950 | €8,594 | -€11,356 | -56.9% |
| Furniture and vehicles | 24 | €19,950 | €8,594 | -€11,356 | -56.9% |
| Current assets | 29/58 | €80,925 | €89,742 | +€8,817 | +10.9% |
| Stocks and contracts in progress | 3 | €23,220 | €26,320 | +€3,100 | +13.4% |
| Stocks | 30/36 | €23,220 | €26,320 | +€3,100 | +13.4% |
| Amounts receivable within one year | 40/41 | €57,274 | €42,754 | -€14,520 | -25.4% |
| Trade receivables | 40 | €57,274 | €42,754 | -€14,520 | -25.4% |
| Cash at bank and in hand | 54/58 | - | €20,273 | +€20,273 | |
| Deferred charges and accrued income | 490/1 | €431 | €394 | -€37 | -8.5% |
| Total equity and liabilities | 10/49 | €100,875 | €98,335 | -€2,540 | -2.5% |
| Equity | 10/15 | €37,143 | €39,313 | +€2,170 | +5.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,501 | €1,501 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,501 | €1,501 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,501 | €1,501 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,042 | €19,211 | +€2,170 | +12.7% |
| Amounts payable | 17/49 | €63,732 | €59,023 | -€4,709 | -7.4% |
| Amounts payable within one year | 42/48 | €63,732 | €59,023 | -€4,709 | -7.4% |
| Financial debts | 43 | €2,198 | - | -€2,198 | |
| Credit institutions | 430/8 | €2,198 | - | -€2,198 | |
| Trade debts | 44 | €3,048 | €39,260 | +€36,212 | +1,188% |
| Suppliers | 440/4 | €3,048 | €39,260 | +€36,212 | +1,188% |
| Taxes, remuneration and social security | 45 | €24,000 | €10,215 | -€13,785 | -57.4% |
| Taxes | 450/3 | €10,202 | €4,627 | -€5,575 | -54.6% |
| Remuneration and social security | 454/9 | €13,798 | €5,588 | -€8,210 | -59.5% |
| Other amounts payable | 47/48 | €34,487 | €9,548 | -€24,939 | -72.3% |
| Turnover | 70 | €1,129,233 | €1,370,676 | +€241,443 | +21.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,020,118 | €1,316,507 | +€296,389 | +29.1% |
| Remuneration, social security and pensions | 62 | €38,412 | €33,744 | -€4,667 | -12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,750 | €2,562 | -€187 | -6.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,693 | - | -€10,693 | |
| Other operating charges | 640/8 | €20,367 | €7,301 | -€13,065 | -64.2% |
| Gross operating margin | 9900 | €108,271 | €54,184 | -€54,087 | -50.0% |
| Operating profit (loss) | 9901 | €36,050 | €10,577 | -€25,473 | -70.7% |
| Financial income | 75/76B | €1 | €0 | -€1 | -90.5% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -90.5% |
| Financial charges | 65/66B | €4,596 | €3,926 | -€670 | -14.6% |
| Recurring financial charges | 65 | €4,596 | €3,926 | -€670 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €31,455 | €6,651 | -€24,804 | -78.9% |
| Income taxes | 67/77 | €7,574 | €4,481 | -€3,093 | -40.8% |
| Profit (loss) for the period | 9904 | €23,881 | €2,170 | -€21,711 | -90.9% |
| Profit (loss) for the period to be appropriated | 9905 | €23,881 | €2,170 | -€21,711 | -90.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.