IZASU: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
IZASU
Largest movements
- Stocks and contracts -€10,825
no longer reported in 2021 (was €10,825)
- Cash -€420
down €420 (-96.8%), from €434 to €14
mainly Net result for the year (-€10,767) and Debts within one year (-€418)
- Profit (loss) carried forward -€10,767
down €10,767 (-29.2%), from -€36,872 to -€47,639
- Debts within one year -€418
down €418 (-1.4%), from €29,252 to €28,834
- Gross operating margin -€15,701
down €15,701, from €5,302 to -€10,398
- Other operating charges +€368
new in 2021: €368
From the 2020 result to the 2021 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,259 | €75 | -€11,184 | -99.3% |
| Current assets | 29/58 | €11,259 | €75 | -€11,184 | -99.3% |
| Stocks and contracts in progress | 3 | €10,825 | - | -€10,825 | |
| Amounts receivable within one year | 40/41 | - | €61 | +€61 | |
| Other amounts receivable | 41 | - | €61 | +€61 | |
| Cash at bank and in hand | 54/58 | €434 | €14 | -€420 | -96.8% |
| Total equity and liabilities | 10/49 | €11,259 | €75 | -€11,184 | -99.3% |
| Equity | 10/15 | -€17,993 | -€28,760 | -€10,767 | -59.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | - | €18,600 | +€18,600 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €279 | €279 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €279 | +€279 | |
| Legal reserve | 130 | - | €279 | +€279 | |
| Profit (loss) carried forward | 14 | -€36,872 | -€47,639 | -€10,767 | -29.2% |
| Amounts payable | 17/49 | €29,252 | €28,834 | -€418 | -1.4% |
| Amounts payable within one year | 42/48 | €29,252 | €28,834 | -€418 | -1.4% |
| Taxes, remuneration and social security | 45 | - | €6,438 | +€6,438 | |
| Taxes | 450/3 | - | €6,438 | +€6,438 | |
| Other amounts payable | 47/48 | - | €22,396 | +€22,396 | |
| Other operating charges | 640/8 | - | €368 | +€368 | |
| Gross operating margin | 9900 | €5,302 | -€10,398 | -€15,701 | |
| Operating profit (loss) | 9901 | €5,302 | -€10,767 | -€16,069 | |
| Profit (loss) for the period before taxes | 9903 | €5,302 | -€10,767 | -€16,069 | |
| Profit (loss) for the period | 9904 | €5,302 | -€10,767 | -€16,069 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,302 | -€10,767 | -€16,069 |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.