Turkish Delight: 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.
Turkish Delight
Largest movements
- Cash -€5,082
down €5,082 (-93.3%), from €5,450 to €368
mainly Trade debts (-€14,954) and Receivables within one year (-€3,799)
- Receivables within one year +€3,799
up €3,799 (+9.5%), from €40,079 to €43,878
of which Other amounts receivable: +€7,993
- Stocks and contracts -€2,521
down €2,521 (-53.7%), from €4,699 to €2,178
- Tangible fixed assets +€1,791
new in 2025: €1,791
- Deferred charges and accrued income -€1,443
down €1,443 (-100%), from €1,443 to €0
- Trade debts -€14,954
down €14,954 (-78.3%), from €19,087 to €4,133
- Profit (loss) carried forward +€11,729
up €11,729 (+56.0%), from €20,945 to €32,673
- Tax, wage and social debts -€1,231
down €1,231 (-25.5%), from €4,831 to €3,600
- Gross operating margin -€2,548
down €2,548 (-12.1%), from €21,141 to €18,593
- Taxes -€1,524
down €1,524 (-31.5%), from €4,831 to €3,307
- Write-downs +€980
new in 2025: €980
- Other operating charges -€502
down €502 (-26.3%), from €1,910 to €1,407
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 | €54,671 | €50,214 | -€4,457 | -8.2% |
| Fixed assets | 21/28 | €3,000 | €3,791 | +€791 | +26.4% |
| Intangible fixed assets | 21 | €3,000 | €2,000 | -€1,000 | -33.3% |
| Tangible fixed assets | 22/27 | - | €1,791 | +€1,791 | |
| Other tangible fixed assets | 26 | - | €1,791 | +€1,791 | |
| Current assets | 29/58 | €51,671 | €46,423 | -€5,247 | -10.2% |
| Stocks and contracts in progress | 3 | €4,699 | €2,178 | -€2,521 | -53.7% |
| Stocks | 30/36 | €4,699 | €2,178 | -€2,521 | -53.7% |
| Amounts receivable within one year | 40/41 | €40,079 | €43,878 | +€3,799 | +9.5% |
| Trade receivables | 40 | €13,369 | €9,175 | -€4,194 | -31.4% |
| Other amounts receivable | 41 | €26,710 | €34,703 | +€7,993 | +29.9% |
| Cash at bank and in hand | 54/58 | €5,450 | €368 | -€5,082 | -93.3% |
| Deferred charges and accrued income | 490/1 | €1,443 | €0 | -€1,443 | -100% |
| Total equity and liabilities | 10/49 | €54,671 | €50,214 | -€4,457 | -8.2% |
| Equity | 10/15 | €30,492 | €42,221 | +€11,729 | +38.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €3,348 | €3,348 | = | 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 | €1,488 | €1,488 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,945 | €32,673 | +€11,729 | +56.0% |
| Amounts payable | 17/49 | €24,178 | €7,993 | -€16,185 | -66.9% |
| Amounts payable within one year | 42/48 | €24,178 | €7,993 | -€16,185 | -66.9% |
| Trade debts | 44 | €19,087 | €4,133 | -€14,954 | -78.3% |
| Suppliers | 440/4 | €19,087 | €4,133 | -€14,954 | -78.3% |
| Taxes, remuneration and social security | 45 | €4,831 | €3,600 | -€1,231 | -25.5% |
| Taxes | 450/3 | €4,831 | €3,600 | -€1,231 | -25.5% |
| Other amounts payable | 47/48 | €260 | €260 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €160 | +€160 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,000 | €1,009 | +€9 | +0.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €980 | +€980 | |
| Other operating charges | 640/8 | €1,910 | €1,407 | -€502 | -26.3% |
| Gross operating margin | 9900 | €21,141 | €18,593 | -€2,548 | -12.1% |
| Operating profit (loss) | 9901 | €18,231 | €15,036 | -€3,196 | -17.5% |
| Financial income | 75/76B | €26 | €0 | -€26 | -99.2% |
| Recurring financial income | 75 | €26 | €0 | -€26 | -99.2% |
| Financial charges | 65/66B | €40 | €0 | -€40 | -99.7% |
| Recurring financial charges | 65 | €40 | €0 | -€40 | -99.7% |
| Profit (loss) for the period before taxes | 9903 | €18,217 | €15,036 | -€3,182 | -17.5% |
| Income taxes | 67/77 | €4,831 | €3,307 | -€1,524 | -31.5% |
| Profit (loss) for the period | 9904 | €13,386 | €11,729 | -€1,658 | -12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €13,386 | €11,729 | -€1,658 | -12.4% |
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 30 October 2026 via checked.be.