USKUDAR: 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.
USKUDAR
Largest movements
- Receivables within one year +€4,366
up €4,366 (+1424.2%), from €307 to €4,672
of which Other amounts receivable: +€4,672
- Cash -€4,360
down €4,360 (-81.9%), from €5,322 to €961
mainly Receivables within one year (-€4,366) and Trade debts (-€472)
- Stocks and contracts -€609
no longer reported in 2025 (was €609)
- Trade debts -€472
down €472 (-86.0%), from €549 to €77
- Tax, wage and social debts -€107
no longer reported in 2025 (was €107)
- Gross operating margin -€13,877
down €13,877 (-90.2%), from €15,383 to €1,506
- Staff costs -€10,470
down €10,470 (-90.4%), from €11,577 to €1,107
- Other operating charges -€2,690
down €2,690 (-90.7%), from €2,967 to €277
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 | €6,237 | €5,634 | -€604 | -9.7% |
| Current assets | 29/58 | €6,237 | €5,634 | -€604 | -9.7% |
| Stocks and contracts in progress | 3 | €609 | - | -€609 | |
| Stocks | 30/36 | €609 | - | -€609 | |
| Amounts receivable within one year | 40/41 | €307 | €4,672 | +€4,366 | +1424.2% |
| Trade receivables | 40 | €307 | - | -€307 | |
| Other amounts receivable | 41 | - | €4,672 | +€4,672 | |
| Cash at bank and in hand | 54/58 | €5,322 | €961 | -€4,360 | -81.9% |
| Total equity and liabilities | 10/49 | €6,237 | €5,634 | -€604 | -9.7% |
| Equity | 10/15 | €5,581 | €5,557 | -€24 | -0.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €581 | €557 | -€24 | -4.1% |
| Amounts payable | 17/49 | €656 | €77 | -€580 | -88.3% |
| Amounts payable within one year | 42/48 | €656 | €77 | -€580 | -88.3% |
| Trade debts | 44 | €549 | €77 | -€472 | -86.0% |
| Suppliers | 440/4 | €549 | €77 | -€472 | -86.0% |
| Taxes, remuneration and social security | 45 | €107 | - | -€107 | |
| Taxes | 450/3 | €107 | - | -€107 | |
| Remuneration, social security and pensions | 62 | €11,577 | €1,107 | -€10,470 | -90.4% |
| Other operating charges | 640/8 | €2,967 | €277 | -€2,690 | -90.7% |
| Gross operating margin | 9900 | €15,383 | €1,506 | -€13,877 | -90.2% |
| Operating profit (loss) | 9901 | €839 | €122 | -€718 | -85.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -65.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -65.7% |
| Financial charges | 65/66B | €259 | €146 | -€113 | -43.5% |
| Recurring financial charges | 65 | €259 | €146 | -€113 | -43.5% |
| Profit (loss) for the period before taxes | 9903 | €581 | -€24 | -€605 | |
| Profit (loss) for the period | 9904 | €581 | -€24 | -€605 | |
| Profit (loss) for the period to be appropriated | 9905 | €581 | -€24 | -€605 |
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 3 October 2026 via checked.be.