{"id":1099,"date":"2026-02-12T22:27:07","date_gmt":"2026-02-12T19:27:07","guid":{"rendered":"https:\/\/tabildot.com.tr\/marketrisk\/?p=1099"},"modified":"2026-02-12T22:29:31","modified_gmt":"2026-02-12T19:29:31","slug":"%f0%9f%94%b4%f0%9f%87%b9%f0%9f%87%b7-vrgyo-vera-konsept-2025-12-bilanco-analizi-vera-konseptin-riskli-buyume-stratejisi","status":"publish","type":"post","link":"https:\/\/tabildot.com.tr\/marketrisk\/1099","title":{"rendered":"\ud83d\udd34\ud83c\uddf9\ud83c\uddf7 #VRGYO | VERA Konsept 2025\/12 Bilan\u00e7o Analizi &#8211; Vera Konsept&#8217;in Riskli B\u00fcy\u00fcme Stratejisi"},"content":{"rendered":"<p><iframe loading=\"lazy\" src=\"https:\/\/creators.spotify.com\/pod\/profile\/market-risk-tr\/embed\/episodes\/VRGYO--VERA-Konsept-202512-Bilano-Analizi---Vera-Konseptin-Riskli-Byme-Stratejisi-e3f0suo\/a-acfikio\" width=\"400px\" height=\"102px\" frameborder=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>Vera Konsept Gayrimenkul Yat\u0131r\u0131m Ortakl\u0131\u011f\u0131 A.\u015e.&#8217;nin (VRGYO) 2025 y\u0131l\u0131 finansal raporlar\u0131ndan \u00f6ne \u00e7\u0131kan temel ba\u015fl\u0131klar ve proje geli\u015fmeleri a\u015fa\u011f\u0131da \u00f6zetlenmi\u015ftir:<br \/>\n2025 Y\u0131l\u0131 Finansal Raporlar\u0131ndan \u00d6ne \u00c7\u0131kanlar<br \/>\n\u2022 Finansal Durum ve Performans: \u015eirketin 31.12.2025 tarihi itibar\u0131yla toplam varl\u0131klar\u0131 7.721.454.950 TL&#8217;ye ula\u015fm\u0131\u015ft\u0131r (2024: 7,17 milyar TL). 2025 y\u0131l\u0131 sonu itibar\u0131yla \u00f6zkaynaklar 4.889.083.948 TL olarak ger\u00e7ekle\u015fmi\u015ftir.<br \/>\n\u2022 Has\u0131lat ve Kar\/Zarar: \u015eirket 2025 y\u0131l\u0131nda 175.636.855 TL has\u0131lat elde etmi\u015ftir. D\u00f6nem sonu net zarar\u0131, b\u00fcy\u00fck oranda yeni vergi d\u00fczenlemeleri (7524 say\u0131l\u0131 Kanun) kaynakl\u0131 ertelenmi\u015f vergi giderleri nedeniyle 431.303.358 TL olarak kaydedilmi\u015ftir.<br \/>\n\u2022 Sermaye Yap\u0131s\u0131 ve G\u00fc\u00e7lenme: \u015eirketin kay\u0131tl\u0131 sermaye tavan\u0131 500 milyon TL&#8217;den 4.000.000.000 TL&#8217;ye y\u00fckseltilmi\u015ftir. Ayr\u0131ca, Aral\u0131k 2025&#8217;te sermayenin %250 oran\u0131nda bedelli art\u0131r\u0131lmas\u0131 i\u00e7in SPK&#8217;ya ba\u015fvurulmu\u015f, bu ba\u015fvuru Ocak 2026&#8217;da %100 bedelli art\u0131r\u0131m olarak g\u00fcncellenmi\u015ftir.<br \/>\n\u2022 Tamamlanan ve Devam Eden Projeler:<br \/>\n\u25e6 Konsept Vera (Elaz\u0131\u011f): Proje tamamlanm\u0131\u015f olup, 09.10.2025 tarihinde yap\u0131 kullanma izin belgesi (iskan) al\u0131nm\u0131\u015ft\u0131r. Proje 132 konut ve 84 ticari \u00fcniteden olu\u015fmaktad\u0131r.<br \/>\n\u25e6 \u0130stanbul Kartal Projesi: Kartal&#8217;daki 26.958 m2&#8217;lik ta\u015f\u0131nmaz, \u00d6zelle\u015ftirme \u0130daresi&#8217;nden 1.625.000.000 TL bedelle sat\u0131n al\u0131nm\u0131\u015ft\u0131r. Bu alanda konut, ticaret ve turizm konseptli bir proje geli\u015ftirilmesi i\u00e7in mimari s\u00f6zle\u015fme imzalanm\u0131\u015ft\u0131r.<br \/>\n\u25e6 Ankara G\u00f6lba\u015f\u0131 Projesi: Daha \u00f6nce otel olarak planlanan proje, k\u00e2rl\u0131l\u0131k analizi sonucu 3 blok ve 42 ba\u011f\u0131ms\u0131z b\u00f6l\u00fcmden olu\u015fan bir ticari alan (AVM\/D\u00fckkan) projesine d\u00f6n\u00fc\u015ft\u00fcr\u00fclm\u00fc\u015ft\u00fcr.<br \/>\n\u2022 Kredi Notu: Saha Kurumsal Y\u00f6netim ve Derecelendirme Hizmetleri A.\u015e. taraf\u0131ndan \u015firketin uzun vadeli ulusal kredi notu BBB+ (tr), g\u00f6r\u00fcn\u00fcm\u00fc ise &#8220;Stabil&#8221; olarak teyit edilmi\u015ftir.<\/p>\n<figure style=\"width: 2752px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium\" src=\"https:\/\/pbs.twimg.com\/media\/HA-xpUFbsAMF0Hp?format=jpg&amp;name=4096x4096\" alt=\"\ud83d\udd34\ud83c\uddf9\ud83c\uddf7 #VRGYO | VERA Konsept 2025\/12 Bilan\u00e7o Analizi\" width=\"2752\" height=\"1536\" \/><figcaption class=\"wp-caption-text\">\ud83d\udd34\ud83c\uddf9\ud83c\uddf7 #VRGYO | VERA Konsept 2025\/12 Bilan\u00e7o Analizi<\/figcaption><\/figure>\n<hr \/>\n<p>&nbsp;<\/p>\n<h1>Bilgilendirme Raporu: Vera Konsept Gayrimenkul Yat\u0131r\u0131m Ortakl\u0131\u011f\u0131 A.\u015e. 2025 Y\u0131l\u0131 Finansal Analiz ve Denetim Sonu\u00e7lar\u0131<\/h1>\n<h2>Y\u00f6netici \u00d6zeti<\/h2>\n<p>Bu belge, Vera Konsept Gayrimenkul Yat\u0131r\u0131m Ortakl\u0131\u011f\u0131 Anonim \u015eirketi\u2019nin (&#8220;\u015eirket&#8221;) 1 Ocak &#8211; 31 Aral\u0131k 2025 hesap d\u00f6nemine ait ba\u011f\u0131ms\u0131z denetim raporu ve finansal tablolar\u0131n\u0131n kapsaml\u0131 bir sentezidir. 31 Aral\u0131k 2025 tarihi itibar\u0131yla \u015eirket&#8217;in toplam varl\u0131klar\u0131 <b>7,721,454,950 TL<\/b> seviyesindedir. \u015eirket varl\u0131klar\u0131n\u0131n %61 gibi \u00f6nemli bir k\u0131sm\u0131n\u0131 stoklar (in\u015faat projeleri) olu\u015fturmaktad\u0131r.<\/p>\n<p>Deneyim Ba\u011f\u0131ms\u0131z Denetim ve Dan\u0131\u015fmanl\u0131k A.\u015e. taraf\u0131ndan haz\u0131rlanan raporda \u015eirket&#8217;in finansal tablolar\u0131 hakk\u0131nda <b>olumlu g\u00f6r\u00fc\u015f<\/b> bildirilmi\u015ftir. Bununla birlikte, 2025 y\u0131l\u0131 itibar\u0131yla y\u00fcr\u00fcrl\u00fc\u011fe giren yeni vergi d\u00fczenlemeleri (7524 say\u0131l\u0131 Kanun), gayrimenkul yat\u0131r\u0131m ortakl\u0131klar\u0131n\u0131n vergi istisnas\u0131ndan yararlanabilmesini, ta\u015f\u0131nmaz kazan\u00e7lar\u0131n\u0131n en az %50&#8217;sinin k\u00e2r pay\u0131 olarak da\u011f\u0131t\u0131lmas\u0131 \u015fart\u0131na ba\u011flam\u0131\u015ft\u0131r. \u015eirket, 2025 hesap d\u00f6nemini <b>431,303,358 TL net d\u00f6nem zarar\u0131<\/b> ile kapatm\u0131\u015ft\u0131r. Bu zararda, de\u011fi\u015fen vergi mevzuat\u0131 kaynakl\u0131 366.8 milyon TL&#8217;lik ertelenmi\u015f vergi gideri \u00f6nemli bir rol oynam\u0131\u015ft\u0131r.<\/p>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>1. Ba\u011f\u0131ms\u0131z Denet\u00e7i G\u00f6r\u00fc\u015f\u00fc ve Genel De\u011ferlendirme<\/h2>\n<p>Deneyim Ba\u011f\u0131ms\u0131z Denetim ve Dan\u0131\u015fmanl\u0131k A.\u015e. taraf\u0131ndan y\u00fcr\u00fct\u00fclen denetim sonucunda a\u015fa\u011f\u0131daki sonu\u00e7lara ula\u015f\u0131lm\u0131\u015ft\u0131r:<\/p>\n<ul>\n<li><b>G\u00f6r\u00fc\u015f:<\/b> Finansal tablolar, \u015eirket\u2019in finansal durumunu, performans\u0131n\u0131 ve nakit ak\u0131\u015flar\u0131n\u0131 T\u00fcrkiye Finansal Raporlama Standartlar\u0131\u2019na (TFRS) uygun olarak, t\u00fcm \u00f6nemli y\u00f6nleriyle ger\u00e7e\u011fe uygun bir bi\u00e7imde sunmaktad\u0131r.<\/li>\n<li><b>Dikkat \u00c7ekilen Husus:<\/b> 1 Ocak 2025 tarihinden itibaren, GYO\u2019lar\u0131n ta\u015f\u0131nmaz kazan\u00e7lar\u0131n\u0131n en az %50\u2019sinin k\u00e2r pay\u0131 olarak da\u011f\u0131t\u0131lmas\u0131 \u015fart\u0131 getirilmi\u015ftir. Bu \u015fart\u0131n yerine getirilmemesi vergi istisnas\u0131n\u0131n kaybedilmesine yol a\u00e7abilecektir.<\/li>\n<li><b>Sorumlu Denet\u00e7i:<\/b> Denetim s\u00fcreci Sorumlu Denet\u00e7i Harun Akta\u015f taraf\u0131ndan y\u00f6netilmi\u015ftir.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>2. Temel Finansal G\u00f6stergeler (31 Aral\u0131k 2025)<\/h2>\n<p>\u015eirket&#8217;in finansal durumu, y\u00fcksek enflasyonlu ekonomilerde finansal raporlama standartlar\u0131 (TMS 29) uyar\u0131nca d\u00fczeltilerek sunulmu\u015ftur.<\/p>\n<h3>2.1. Finansal Durum \u00d6zeti (Bilan\u00e7o)<\/h3>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Varl\u0131klar<\/td>\n<td>31.12.2025 (TL)<\/td>\n<td>31.12.2024 (TL)<\/td>\n<\/tr>\n<tr>\n<td><b>D\u00f6nen Varl\u0131klar<\/b><\/td>\n<td><b>7,150,251,975<\/b><\/td>\n<td><b>6,747,323,408<\/b><\/td>\n<\/tr>\n<tr>\n<td>&#8211; Stoklar<\/td>\n<td>4,729,605,688<\/td>\n<td>4,822.049.120<\/td>\n<\/tr>\n<tr>\n<td>&#8211; Pe\u015fin \u00d6denmi\u015f Giderler<\/td>\n<td>2,201,242.067<\/td>\n<td>1,810,331,627<\/td>\n<\/tr>\n<tr>\n<td><b>Duran Varl\u0131klar<\/b><\/td>\n<td><b>571,202,975<\/b><\/td>\n<td><b>427,332,915<\/b><\/td>\n<\/tr>\n<tr>\n<td>&#8211; Yat\u0131r\u0131m Ama\u00e7l\u0131 Gayrimenkuller<\/td>\n<td>568,685,395<\/td>\n<td>425,240,378<\/td>\n<\/tr>\n<tr>\n<td><b>Toplam Varl\u0131klar<\/b><\/td>\n<td><b>7,721,454,950<\/b><\/td>\n<td><b>7,174,656,323<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table border=\"1\">\n<tbody>\n<tr>\n<td>Kaynaklar<\/td>\n<td>31.12.2025 (TL)<\/td>\n<td>31.12.2024 (TL)<\/td>\n<\/tr>\n<tr>\n<td><b>K\u0131sa Vadeli Y\u00fck\u00fcml\u00fcl\u00fckler<\/b><\/td>\n<td><b>1,336,470,948<\/b><\/td>\n<td><b>376,305,555<\/b><\/td>\n<\/tr>\n<tr>\n<td>&#8211; K\u0131sa Vadeli Bor\u00e7lanmalar<\/td>\n<td>320,104,495<\/td>\n<td>189,429.495<\/td>\n<\/tr>\n<tr>\n<td>&#8211; \u0130li\u015fkili Tarafa Di\u011fer Bor\u00e7lar<\/td>\n<td>932,372.775<\/td>\n<td>0<\/td>\n<\/tr>\n<tr>\n<td><b>Uzun Vadeli Y\u00fck\u00fcml\u00fcl\u00fckler<\/b><\/td>\n<td><b>1,495,900,054<\/b><\/td>\n<td><b>1,477,852,488<\/b><\/td>\n<\/tr>\n<tr>\n<td>&#8211; Ertelenmi\u015f Vergi Y\u00fck\u00fcml\u00fcl\u00fc\u011f\u00fc<\/td>\n<td>1,495,680.603<\/td>\n<td>1,477,654,758<\/td>\n<\/tr>\n<tr>\n<td><b>\u00d6zkaynaklar<\/b><\/td>\n<td><b>4,889,083,948<\/b><\/td>\n<td><b>5,320,498,280<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>Toplam Kaynaklar<\/b><\/td>\n<td><b>7,721,454,950<\/b><\/td>\n<td><b>7,174,656,323<\/b><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3>2.2. K\u00e2r veya Zarar Tablosu Analizi<\/h3>\n<p>2025 y\u0131l\u0131 faaliyet sonu\u00e7lar\u0131, \u00f6nceki y\u0131la g\u00f6re has\u0131latta d\u00fc\u015f\u00fc\u015f ve net zararda devaml\u0131l\u0131k g\u00f6stermektedir:<\/p>\n<ul>\n<li><b>Has\u0131lat:<\/b> 175,636,855 TL (2024: 332,573,287 TL)<\/li>\n<li><b>Br\u00fct K\u00e2r:<\/b> 95,911,699 TL<\/li>\n<li><b>Esas Faaliyet K\u00e2r\u0131:<\/b> 55,073,915 TL<\/li>\n<li><b>Finansman Giderleri (-):<\/b> 217,051,979 TL<\/li>\n<li><b>Vergi \u00d6ncesi Zarar:<\/b> (64,491,544) TL<\/li>\n<li><b>D\u00f6nem Net Zarar\u0131:<\/b> (431,303,358) TL<\/li>\n<li><b>Pay Ba\u015f\u0131na Kay\u0131p:<\/b> (0,53) TL<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>3. Kilit Denetim Konular\u0131<\/h2>\n<p>Denet\u00e7iler, \u015eirket&#8217;in finansal tablolar\u0131nda en \u00e7ok \u00f6nem arz eden iki alan\u0131 &#8220;Kilit Denetim Konusu&#8221; olarak belirlemi\u015ftir:<\/p>\n<h3>3.1. Stoklar (%61 Pay)<\/h3>\n<p>Stoklar, 4,729,605,688 TL ile toplam varl\u0131klar\u0131n %61&#8217;ini olu\u015fturmaktad\u0131r. Denetim odak noktalar\u0131:<\/p>\n<ul>\n<li>\u0130n\u015faat stoklar\u0131n\u0131n de\u011ferlenmesi ve maliyetlerin (dolayl\u0131 maliyetler, gider tahakkuklar\u0131) uygunlu\u011fu.<\/li>\n<li>Yat\u0131r\u0131m ama\u00e7l\u0131 gayrimenkullere yap\u0131lan s\u0131n\u0131fland\u0131rmalar.<\/li>\n<li>Cari d\u00f6nemde ger\u00e7ekle\u015ftirilen sat\u0131\u015flardan elde edilen has\u0131lat\u0131n kontrol\u00fc.<\/li>\n<\/ul>\n<h3>3.2. Yat\u0131r\u0131m Ama\u00e7l\u0131 Gayrimenkullerin De\u011ferlemesi<\/h3>\n<p>\u015eirketin elinde bulunan ve ger\u00e7e\u011fe uygun de\u011feri \u00fczerinden muhasebele\u015ftirilen gayrimenkuller 568,685,395 TL de\u011ferindedir (%7 pay).<\/p>\n<ul>\n<li>De\u011ferleme \u00e7al\u0131\u015fmalar\u0131 uzman raporlar\u0131na dayanmakta olup \u00f6znel varsay\u0131mlar i\u00e7ermektedir.<\/li>\n<li>Denet\u00e7iler, kullan\u0131lan y\u00f6ntemlerin uygunlu\u011funu ve takdir edilen de\u011ferlerin kabul edilebilir aral\u0131kta olup olmad\u0131\u011f\u0131n\u0131 incelemi\u015ftir.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>4. Kritik Mevzuat De\u011fi\u015fiklikleri ve Vergilendirme<\/h2>\n<p>2025 y\u0131l\u0131, \u015eirket gibi Gayrimenkul Yat\u0131r\u0131m Ortakl\u0131klar\u0131 (GYO) i\u00e7in vergi rejimi a\u00e7\u0131s\u0131ndan k\u00f6kl\u00fc de\u011fi\u015fikliklerin y\u0131l\u0131 olmu\u015ftur:<\/p>\n<ul>\n<li><b>K\u00e2r Pay\u0131 Da\u011f\u0131t\u0131m \u015eart\u0131:<\/b> 7524 say\u0131l\u0131 Kanun ile GYO\u2019lar\u0131n ta\u015f\u0131nmaz kazan\u00e7lar\u0131na y\u00f6nelik kurumlar vergisi istisnas\u0131, bu kazan\u00e7lar\u0131n en az %50&#8217;sinin k\u00e2r pay\u0131 olarak da\u011f\u0131t\u0131lmas\u0131 \u015fart\u0131na ba\u011flanm\u0131\u015ft\u0131r.<\/li>\n<li><b>Asgari Kurumlar Vergisi:<\/b> %10 oran\u0131nda yurt i\u00e7i asgari kurumlar vergisi uygulamas\u0131 getirilmi\u015ftir. GYO&#8217;lar\u0131n ta\u015f\u0131nmaz kazan\u00e7lar\u0131 bu asgari vergi hesaplamas\u0131nda indirim konusu yap\u0131lamamaktad\u0131r.<\/li>\n<li><b>Ertelenmi\u015f Vergi Etkisi:<\/b> Mevzuat de\u011fi\u015fikli\u011fi nedeniyle \u015eirket ilk kez ertelenmi\u015f vergi hesaplamas\u0131 yapm\u0131\u015ft\u0131r. 2024 y\u0131l\u0131 ve \u00f6ncesine ili\u015fkin etkiler (yakla\u015f\u0131k 1.5 milyar TL) \u00f6zkaynaklar alt\u0131nda, 2025 y\u0131l\u0131na ait etkiler ise k\u00e2r veya zarar tablosuna yans\u0131t\u0131lm\u0131\u015ft\u0131r.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>5. \u015eirket Yap\u0131s\u0131 ve Operasyonel Bilgiler<\/h2>\n<ul>\n<li><b>Kurulu\u015f ve Faaliyet:<\/b> 13 A\u011fustos 2018&#8217;de kurulan \u015eirket, gayrimenkul projeleri ve sermaye piyasas\u0131 ara\u00e7lar\u0131ndan olu\u015fan portf\u00f6y\u00fc i\u015fleten bir gayrimenkul yat\u0131r\u0131m ortakl\u0131\u011f\u0131d\u0131r.<\/li>\n<li><b>Personel Say\u0131s\u0131:<\/b> 2024 y\u0131l\u0131nda 7 olan personel say\u0131s\u0131, 31 Aral\u0131k 2025 itibar\u0131yla 4\u2019e d\u00fc\u015fm\u00fc\u015ft\u00fcr.<\/li>\n<li><b>Ortakl\u0131k Yap\u0131s\u0131:<\/b>\n<ul>\n<li>F\u0131rat Holding A.\u015e.: %27,29 (223,793,175 TL nominal pay)<\/li>\n<li>Di\u011fer (Halka a\u00e7\u0131k ve di\u011fer): %72,71 (596,206,825 TL nominal pay)<\/li>\n<\/ul>\n<\/li>\n<li><b>Sermaye:<\/b> \u00d6denmi\u015f sermaye 820,000,000 TL\u2019dir.<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>6. Uygulanan Muhasebe Esaslar\u0131 (TMS 29)<\/h2>\n<p>\u015eirket, finansal tablolar\u0131n\u0131 T\u00fcrkiye \u0130statistik Kurumu (T\u00dc\u0130K) taraf\u0131ndan yay\u0131mlanan T\u00fcketici Fiyat Endeksi&#8217;ni (T\u00dcFE) kullanarak enflasyon d\u00fczeltmesine tabi tutmu\u015ftur.<\/p>\n<ul>\n<li><b>31.12.2025 Endeksi:<\/b> 3.513,87<\/li>\n<li><b>D\u00fczeltme Katsay\u0131s\u0131 (2025):<\/b> 1,0000<\/li>\n<li><b>D\u00fczeltme Katsay\u0131s\u0131 (2024&#8217;ten 2025&#8217;e):<\/b> 1,3089<\/li>\n<li><b>Net Parasal Pozisyon Kazanc\u0131:<\/b> Enflasyon d\u00fczeltmesi sonucu 2025 y\u0131l\u0131nda 26,354,573 TL net parasal pozisyon kazanc\u0131 olu\u015fmu\u015ftur (2024: 216,501,581 TL kay\u0131p).<\/li>\n<\/ul>\n<p>&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;<\/p>\n<h2>7. \u00d6nemli Nakit Ak\u0131\u015f Bilgileri<\/h2>\n<p>\u015eirketin nakit mevcudu 2025 y\u0131l\u0131nda s\u0131n\u0131rl\u0131 bir art\u0131\u015f g\u00f6stermi\u015ftir:<\/p>\n<ul>\n<li><b>\u0130\u015fletme Faaliyetlerinden Nakit Ak\u0131\u015flar\u0131:<\/b> (7,119,418) TL (Net \u00e7\u0131k\u0131\u015f)<\/li>\n<li><b>Yat\u0131r\u0131m Faaliyetlerinden Nakit Ak\u0131\u015flar\u0131:<\/b> (96,988,181) TL (Net \u00e7\u0131k\u0131\u015f)<\/li>\n<li><b>Finansman Faaliyetlerinden Nakit Ak\u0131\u015flar\u0131:<\/b> 107,949,559 TL (Net giri\u015f)<\/li>\n<li><b>D\u00f6nem Sonu Nakit ve Nakit Benzerleri:<\/b> 7,807,349 TL (D\u00f6nem ba\u015f\u0131: 5,190,391 TL)<\/li>\n<\/ul>\n<p>Finansman faaliyetlerindeki net nakit giri\u015fi, 606.7 milyon TL&#8217;lik bor\u00e7lanma giri\u015fi ve 431.3 milyon TL&#8217;lik bor\u00e7 \u00f6demesi ile 67.4 milyon TL&#8217;lik \u00f6denen faizlerden kaynaklanmaktad\u0131r.<\/p>\n<button class=\"simplefavorite-button\" data-postid=\"1099\" data-siteid=\"1\" data-groupid=\"1\" data-favoritecount=\"0\" style=\"\">Favorile <i class=<\/button>","protected":false},"excerpt":{"rendered":"<p>Vera Konsept GYO 2025 Finansal Sonu\u00e7lar\u0131n\u0131 ve Gelecek Vizyonunu A\u00e7\u0131klad\u0131!<br \/>\nVera Konsept GYO, 2025 y\u0131l\u0131 sonu itibar\u0131yla 7,7 milyar TL\u2019lik aktif b\u00fcy\u00fckl\u00fc\u011fe ula\u015farak gayrimenkul sekt\u00f6r\u00fcndeki g\u00fc\u00e7l\u00fc duru\u015funu s\u00fcrd\u00fcr\u00fcyor. Elaz\u0131\u011f\u2019daki prestijli &#8220;Konsept Vera&#8221; projesinde iskan s\u00fcrecini tamamlayan \u015firket, rotas\u0131n\u0131 \u0130stanbul Kartal\u2019daki dev yat\u0131r\u0131ma ve Ankara G\u00f6lba\u015f\u0131\u2019ndaki yeni ticari projesine k\u0131rd\u0131. Kay\u0131tl\u0131 sermaye tavan\u0131n\u0131 4 milyar TL\u2019ye \u00e7\u0131karan ve bedelli sermaye art\u0131r\u0131m\u0131 hamlesiyle finansal yap\u0131s\u0131n\u0131 daha da g\u00fc\u00e7lendirmeyi hedefleyen VRGYO, 2026 y\u0131l\u0131na stratejik projeler ve s\u00fcrd\u00fcr\u00fclebilir b\u00fcy\u00fcme odakl\u0131 giriyor. \u015eirketin projeleri, finansal tablolar\u0131 ve yeni yat\u0131r\u0131m rotas\u0131 hakk\u0131nda t\u00fcm detaylar blog yaz\u0131m\u0131zda!<\/p>\n","protected":false},"author":1,"featured_media":974,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[244],"class_list":["post-1099","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bilancoanalizi","tag-vrgyo"],"_links":{"self":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/1099","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/comments?post=1099"}],"version-history":[{"count":4,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/1099\/revisions"}],"predecessor-version":[{"id":1103,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/posts\/1099\/revisions\/1103"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media\/974"}],"wp:attachment":[{"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/media?parent=1099"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/categories?post=1099"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabildot.com.tr\/marketrisk\/wp-json\/wp\/v2\/tags?post=1099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}