Overit Turkey
Fuzul Gayrimenkul Yatırım Ortaklığı A.Ş.

Fuzul Gayrimenkul Yatırım Ortaklığı A.Ş.

ActiveFZLGYA.Ş.

İstanbul · Registered 1992

₺1.28bn

Revenue · 2025

Overview

Registered seat

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

Website

fuzulgyo.com.tr

Registered

March 10, 1992

Financial statements

Scope:
ConsolidatedStandalone

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

Revenue₺1.28bn+7.9% Change
2022202320242025
Net profit / loss₺-274m−4.6% Change
2022202320242025
Total assets₺14.4bn+25.2% Change
2022202320242025
Equity₺3.82bn−6.7% Change
2022202320242025
Year2025December 31, 20252024*December 31, 20242023December 31, 20232022*December 31, 2022
Revenue₺1.28bn₺1.18bn₺2.75bn₺267m
Gross profit₺94.4m₺-4.41m₺749m₺114m
Operating profit₺-80.5m₺-131m₺810m₺105m
EBITDA₺-76.7m₺-124m₺815m₺112m
Profit before tax₺-202m₺-230m₺189m₺302m
Net profit / loss₺-274m₺-262m₺306m₺365m
Cash and cash equivalents₺63.6m₺447m₺67.5m₺10.0m
Current assets₺12.7bn₺9.30bn₺4.12bn₺3.40bn
Non-current assets₺1.69bn₺2.22bn₺1.46bn₺1.61bn
Total assets₺14.4bn₺11.5bn₺5.58bn₺5.00bn
Equity₺3.82bn₺4.09bn₺2.44bn₺1.52bn
Current liabilities₺2.20bn₺731m₺637m₺1.78bn
Non-current liabilities₺8.41bn₺6.71bn₺2.50bn₺1.71bn
Total liabilities₺10.6bn₺7.44bn₺3.14bn₺3.49bn
Cash flow from operating activities₺-980m₺-271m₺-571m₺104m

* 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