Fuzul Gayrimenkul Yatırım Ortaklığı A.Ş.

Fuzul Gayrimenkul Yatırım Ortaklığı A.Ş.

ActiveFZLGYA.Ş.

İstanbul · Registered 1992

₺1.33bn

Revenue · 2025

Overview

Registered seat

İkitelli OSB Mah.Süleyman Demirel Bulvarı Demirciler San.Sitesi N4/1B Başakşehir / İstanbul

Registered

March 10, 1992

Financial statements

Consolidated and standalone statements are shown separately and are never compared with one another.

Revenue₺1.33bn+10.3% Change
2022202320242025
Net profit / loss₺-426m25% Change
2022202320242025
Total assets₺14.8bn+22.1% Change
2022202320242025
Equity₺4.09bn9.4% Change
2022202320242025
Year2025December 31, 20252024*December 31, 20242023December 31, 20232022*December 31, 2022
Revenue₺1.33bn₺1.20bn₺2.75bn₺268m
Gross profit₺128m₺824,309₺750m₺115m
Operating profit₺-52.9m₺-161m₺806m₺105m
EBITDA₺-49.0m₺-154m₺811m₺112m
Profit before tax₺-404m₺-326m₺117m₺640m
Net profit / loss₺-426m₺-341m₺246m₺607m
Cash and cash equivalents₺63.8m₺447m₺67.7m₺10.1m
Current assets₺12.7bn₺9.31bn₺4.22bn₺3.40bn
Non-current assets₺2.07bn₺2.82bn₺1.83bn₺2.04bn
Total assets₺14.8bn₺12.1bn₺6.05bn₺5.44bn
Equity₺4.09bn₺4.52bn₺2.73bn₺1.86bn
Current liabilities₺2.22bn₺723m₺696m₺1.78bn
Non-current liabilities₺8.49bn₺6.89bn₺2.62bn₺1.79bn
Total liabilities₺10.7bn₺7.61bn₺3.32bn₺3.57bn
Cash flow from operating activities₺-1.00bn₺-270m₺-635m₺-1.31bn

* Read from a later filing's comparative column. Reporting standard: TFRS. Presentation unit: TL.

Management

  • MAHMUT AKBALYönetim Kurulu Başkanı
  • HASAN KARAYönetim Kurulu ÜyesiIndependent
  • MEHMET ZAHİT AKBALYönetim Kurulu Üyesi
  • ZEKİ AKBALYönetim Kurulu Üyesi
  • İSMAİL TUĞRULYönetim Kurulu ÜyesiIndependent
  • BEYTULLAH YAZICISatış Pazarlama Direktörü
  • GÜVEN İLGÜNİş Geliştirme Direktörü
  • EYÜP AKBALYönetim Kurulu Başkan Yardımcısı
  • OKAY DİKMENGenel Müdür

Share classes

GroupRegistered / bearerShare (%)Nominal valuePrivilegeTraded
BBearer92.01%₺293mNoneListed
ARegistered7.99%₺25.4mYönetim Kurulu Üyelerinin seçiminde aday gösterme imtiyazıNot listed

A privileged group can carry rights — such as nominating board members — regardless of how small its share of capital is. A percentage of capital alone therefore does not show control.

Indirect shareholders

HolderShare (%)Nominal holding
Mahmut AKBAL28.44%₺90.4m
Eyüp AKBAL21.34%₺67.9m
Zeki AKBAL21.34%₺67.9m

Subsidiaries and participations

CompanyScopeShare (%)Nominal holding
FZL Gayrimenkul Yapı Ticaret A.Ş.Subsidiary100%₺20.1m
Fuzul&Fuzul İş OrtaklığıJoint venture99%₺495,000

Disclosures