Autonoom gemeentebedrijf Izegem: what changed
What changed
Autonoom gemeentebedrijf Izegem
filed annual accounts (NBB)
Net result for the year
-€337,860
2024 · €16,076-€353,936
Equity
-€166,327
2024 · €171,533-€337,860
Cash
€178,873
2024 · €197,751-€18,877
Balance sheet total
€4.9m
2024 · €5.2m-€252,969
Largest movements
Assets
- Tangible fixed assets -€182,465
down €182,465 (-3.8%), from €4.8m to €4.6m
of which Leasing and similar rights: -€185,363
Equity and liabilities
- Provisions +€435,000
new in 2025: €435,000
- Profit (loss) carried forward -€337,860
down €337,860, from €171,533 to -€166,327
- Debts after one year -€184,085
down €184,085 (-4.0%), from €4.6m to €4.4m
- Tax, wage and social debts -€94,964
down €94,964 (-61.8%), from €153,786 to €58,822
- Trade debts -€70,968
down €70,968 (-88.0%), from €80,671 to €9,703
Income statement
- Provisions +€435,000
new in 2025: €435,000
- Taxes -€72,578
down €72,578 (-70.7%), from €102,705 to €30,127
- Gross operating margin +€23,434
up €23,434 (+7.6%), from €308,384 to €331,818
- Other operating charges +€15,200
new in 2025: €15,200
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€16,076
Gross operating margin
+€23,434
Depreciation
+€26
Provisions
-€435,000
Other operating charges
-€15,200
Financial income
+€191
Financial charges
+€35
Taxes
+€72,578
Result 2025
-€337,860
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€172,224
Investment
-€7,017
Financing
-€184,085
Cash 2024
€197,751
From operations (derived)
+€172,224
Net result for the year
-€337,860
Depreciation
+€189,482
Receivables within one year
+€51,627
Provisions
+€435,000
Trade debts
-€70,968
Tax, wage and social debts
-€94,964
Other debts
-€93
Investment (derived)
-€7,017
Investment in fixed assets (net)
-€7,017
Financing
-€184,085
Debts after one year
-€184,085
Cash 2025
€178,873
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,192,415 | €4,939,446 | -€252,969 | -4.9% |
| Fixed assets | 21/28 | €4,830,915 | €4,648,450 | -€182,465 | -3.8% |
| Tangible fixed assets | 22/27 | €4,830,915 | €4,648,450 | -€182,465 | -3.8% |
| Furniture and vehicles | 24 | €19,923 | €22,821 | +€2,898 | +14.5% |
| Leasing and similar rights | 25 | €4,810,993 | €4,625,629 | -€185,363 | -3.9% |
| Current assets | 29/58 | €361,500 | €290,996 | -€70,504 | -19.5% |
| Amounts receivable within one year | 40/41 | €163,749 | €112,123 | -€51,627 | -31.5% |
| Trade receivables | 40 | €62,871 | €111,699 | +€48,828 | +77.7% |
| Other amounts receivable | 41 | €100,878 | €423 | -€100,455 | -99.6% |
| Cash at bank and in hand | 54/58 | €197,751 | €178,873 | -€18,877 | -9.5% |
| Total equity and liabilities | 10/49 | €5,192,415 | €4,939,446 | -€252,969 | -4.9% |
| Equity | 10/15 | €171,533 | -€166,327 | -€337,860 | |
| Profit (loss) carried forward | 14 | €171,533 | -€166,327 | -€337,860 | |
| Provisions and deferred taxes | 16 | - | €435,000 | +€435,000 | |
| Provisions for liabilities and charges | 160/5 | - | €435,000 | +€435,000 | |
| Other liabilities and charges | 164/5 | - | €435,000 | +€435,000 | |
| Amounts payable | 17/49 | €5,020,883 | €4,670,773 | -€350,109 | -7.0% |
| Amounts payable after more than one year | 17 | €4,602,136 | €4,418,051 | -€184,085 | -4.0% |
| Financial debts | 170/4 | €4,602,136 | €4,418,051 | -€184,085 | -4.0% |
| Amounts payable within one year | 42/48 | €418,746 | €252,722 | -€166,024 | -39.6% |
| Current portion of amounts payable after more than one year | 42 | €184,085 | €184,085 | = | 0.0% |
| Trade debts | 44 | €80,671 | €9,703 | -€70,968 | -88.0% |
| Suppliers | 440/4 | €80,671 | €9,703 | -€70,968 | -88.0% |
| Taxes, remuneration and social security | 45 | €153,786 | €58,822 | -€94,964 | -61.8% |
| Taxes | 450/3 | €153,786 | €58,822 | -€94,964 | -61.8% |
| Other amounts payable | 47/48 | €205 | €112 | -€93 | -45.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €189,507 | €189,482 | -€26 | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €435,000 | +€435,000 | |
| Other operating charges | 640/8 | - | €15,200 | +€15,200 | |
| Gross operating margin | 9900 | €308,384 | €331,818 | +€23,434 | +7.6% |
| Operating profit (loss) | 9901 | €118,877 | -€307,863 | -€426,740 | |
| Financial income | 75/76B | €14 | €205 | +€191 | +1,364% |
| Recurring financial income | 75 | €14 | €205 | +€191 | +1,364% |
| Financial charges | 65/66B | €110 | €75 | -€35 | -32.0% |
| Recurring financial charges | 65 | €110 | €75 | -€35 | -32.0% |
| Profit (loss) for the period before taxes | 9903 | €118,781 | -€307,733 | -€426,514 | |
| Income taxes | 67/77 | €102,705 | €30,127 | -€72,578 | -70.7% |
| Profit (loss) for the period | 9904 | €16,076 | -€337,860 | -€353,936 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,076 | -€337,860 | -€353,936 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.