Equity
€30,000 ▲ 17.3%
IZZO has made a profit without a break since 2023.
IZZO
Lifetime
6 annual accounts with figures on one time axispeak €38,051 (2024)
€10,239▼ 73.1%
lowest -€16,037 (2022)
€4,435▼ 80.3%
peak €30,000 (2025)
€30,000▲ 17.3%
€9,413▲ 123%
peak 1 FTE (2020)
-not published
Board1 name since 2019
1 director
Documentsfilings and deeds
26-08-202626 days late
2025micro format
Gross margin from €38,051 to €10,239Result from €22,546 to €4,435Equity from €25,565 to €30,000Debts from €4,223 to €9,413Investments €4,343Cash from €18,175 to €7,213
Key points
from the 2025 annual accountsTurnover
≈ €110,000 estimated
The micro format states no turnover.
Investments
€4,343 12.2 × depreciation
Green is investment, beige is depreciation.
Liquidity
3.70 was 6.91 in 2024
Short-term debts rose from €4,223 to €9,413.
Filings
6 annual accounts 5 late
The 2020 accounts came latest: 179 days after the end of the period.
Position in the sector
76.1%
Higher solvency than 88% of companies in food and beverage service. Sector median 29.7% · 18,509 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 26,973 companies had the same profile as IZZO has now. Each dot stands for 68 companies, two years later.
94.8%
were still trading
3.5%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,973 companies, not a prediction for IZZO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Incorporation
Founder: · 100 shares · Appointment: (director) · published on 12-11-2019 · Gazette deed
First establishment
Doorniksesteenweg 104, Avelgem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| IZZO Avelgem | €39,414 | €10,239 | 76.1% | - |
| DXS FOOD Anderlecht | €37,455 | €11,559 | 75.8% | - |
| LIMOR GROUP Saint-Josse-ten-Noode | €43,707 | €9,428 | 92.0% | - |
| ST BUSINESS Braine-l'Alleud | €34,663 | €9,725 | 37.8% | - |
| MOS + MOK Sint-Niklaas | €36,166 | €8,292 | -34.1% | - |
| TSOUMPELI Kortrijk | €39,722 | €15,529 | -109.8% | - |
| DELICE DU LIBAN Uccle | €36,218 | €8,759 | 58.9% | - |
These companies have the same main activity as IZZO: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €34,700 and €43,700, founded between 2018 and 2020.
Official details
Source: KBO- Status
- Active since 07-11-2019Normal situation
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Establishment unit
- 2.295.720.1808580 Avelgem, since 07-11-2019
- Financial year end
- 31 December
- Peppol
- Reachable
Insights on IZZO
IZZO files the micro format. That format states no turnover. The gross margin fell from €33,467 in 2020 to €10,239 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about IZZO
- What is the company number of IZZO?
- The company number of IZZO is 0737.525.147. The VAT number is the same number with BE in front: BE 0737.525.147.
- Where is IZZO based?
- The registered office is at Doorniksesteenweg 104, 8580 Avelgem.Company details
- What does IZZO do?
- According to the KBO register, the main activity is limited-service restaurants, excluding mobile food services (NACE 56112).
- What is the legal form of IZZO?
- IZZO is a private limited company (BV).
- When was IZZO founded?
- IZZO was founded on 07-11-2019.
- Is IZZO still active?
- Yes, IZZO is an active enterprise in the KBO register.
- How many employees does IZZO have?
- IZZO had an average of 0.5 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- What is the turnover of IZZO?
- The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €10,239 and 133 comparable companies (NACE 56112). It probably lies between €71,000 and €190,000. It is a rough estimate.
- Is IZZO profitable?
- In financial year 2025, IZZO made a profit of €4,435.
- Where can I find the annual accounts of IZZO?
- IZZO filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of IZZO due?
- IZZO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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