Yildirim Group: 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.
Yildirim Group
Largest movements
- Tangible fixed assets +€948,449
up €948,449 (+842%), from €112,584 to €1.1m
of which Land and buildings: +€975,621
- Receivables within one year -€79,780
down €79,780 (-65.2%), from €122,280 to €42,500
of which Trade receivables: -€111,746
- Cash -€58,192
down €58,192 (-94.1%), from €61,862 to €3,670
mainly Investment in fixed assets (net) (-€1.0m) and Tax, wage and social debts (-€12,315)
- Debts after one year +€671,461
up €671,461 (+975%), from €68,875 to €740,336
- Current portion of long-term debt +€78,223
up €78,223 (+372%), from €21,014 to €99,237
- Trade debts +€31,047
up €31,047 (+174%), from €17,812 to €48,859
- Reserves +€26,108
up €26,108 (+25.9%), from €100,900 to €127,008
- Other debts +€13,631
up €13,631 (+39.8%), from €34,250 to €47,881
- Other operating charges +€27,650
new in 2025: €27,650
- Financial charges +€24,008
up €24,008 (+187%), from €12,869 to €36,877
of which Financial charges: +€23,426
- Gross operating margin +€22,886
up €22,886 (+16.3%), from €140,250 to €163,136
- Depreciation +€17,981
up €17,981 (+52.5%), from €34,270 to €52,251
- Taxes -€6,813
down €6,813 (-25.2%), from €27,063 to €20,250
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 | €309,730 | €1,117,885 | +€808,155 | +261% |
| Fixed assets | 21/28 | €114,284 | €1,062,733 | +€948,449 | +830% |
| Tangible fixed assets | 22/27 | €112,584 | €1,061,033 | +€948,449 | +842% |
| Land and buildings | 22 | €7,209 | €982,830 | +€975,621 | +13,533% |
| Furniture and vehicles | 24 | €105,375 | €78,203 | -€27,172 | -25.8% |
| Financial fixed assets | 28 | €1,700 | €1,700 | = | 0.0% |
| Current assets | 29/58 | €195,446 | €55,152 | -€140,294 | -71.8% |
| Amounts receivable within one year | 40/41 | €122,280 | €42,500 | -€79,780 | -65.2% |
| Trade receivables | 40 | €111,746 | - | -€111,746 | |
| Other amounts receivable | 41 | €10,534 | €42,500 | +€31,966 | +303% |
| Cash at bank and in hand | 54/58 | €61,862 | €3,670 | -€58,192 | -94.1% |
| Deferred charges and accrued income | 490/1 | €11,304 | €8,982 | -€2,322 | -20.5% |
| Total equity and liabilities | 10/49 | €309,730 | €1,117,885 | +€808,155 | +261% |
| Equity | 10/15 | €105,900 | €132,008 | +€26,108 | +24.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €100,900 | €127,008 | +€26,108 | +25.9% |
| Distributable reserves | 133 | €100,900 | €127,008 | +€26,108 | +25.9% |
| Amounts payable | 17/49 | €203,830 | €985,877 | +€782,047 | +384% |
| Amounts payable after more than one year | 17 | €68,875 | €740,336 | +€671,461 | +975% |
| Financial debts | 170/4 | €68,875 | €740,336 | +€671,461 | +975% |
| Amounts payable within one year | 42/48 | €134,955 | €245,541 | +€110,586 | +81.9% |
| Current portion of amounts payable after more than one year | 42 | €21,014 | €99,237 | +€78,223 | +372% |
| Trade debts | 44 | €17,812 | €48,859 | +€31,047 | +174% |
| Suppliers | 440/4 | €17,812 | €48,859 | +€31,047 | +174% |
| Taxes, remuneration and social security | 45 | €61,879 | €49,564 | -€12,315 | -19.9% |
| Taxes | 450/3 | €61,879 | €34,615 | -€27,264 | -44.1% |
| Remuneration and social security | 454/9 | - | €14,949 | +€14,949 | |
| Other amounts payable | 47/48 | €34,250 | €47,881 | +€13,631 | +39.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,270 | €52,251 | +€17,981 | +52.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,262 | - | -€2,262 | |
| Other operating charges | 640/8 | - | €27,650 | +€27,650 | |
| Gross operating margin | 9900 | €140,250 | €163,136 | +€22,886 | +16.3% |
| Operating profit (loss) | 9901 | €103,718 | €83,235 | -€20,483 | -19.7% |
| Financial charges | 65/66B | €12,869 | €36,877 | +€24,008 | +187% |
| Recurring financial charges | 65 | €12,869 | €36,295 | +€23,426 | +182% |
| Non-recurring financial charges | 66B | - | €582 | +€582 | |
| Profit (loss) for the period before taxes | 9903 | €90,849 | €46,358 | -€44,491 | -49.0% |
| Income taxes | 67/77 | €27,063 | €20,250 | -€6,813 | -25.2% |
| Profit (loss) for the period | 9904 | €63,786 | €26,108 | -€37,678 | -59.1% |
| Profit (loss) for the period to be appropriated | 9905 | €63,786 | €26,108 | -€37,678 | -59.1% |
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 25 October 2026 via checked.be.