IZATI: 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.
IZATI
Largest movements
- Receivables within one year -€11,886
down €11,886 (-50.5%), from €23,513 to €11,628
of which Trade receivables: -€10,000
- Tangible fixed assets +€1,869
new in 2025: €1,869
- Profit (loss) carried forward -€15,590
down €15,590 (-25.2%), from -€61,930 to -€77,521
- Tax, wage and social debts +€10,724
up €10,724 (+26.4%), from €40,631 to €51,355
of which Remuneration and social security: +€12,300
- Other debts -€10,518
down €10,518 (-7.4%), from €141,716 to €131,198
- Trade debts +€6,628
up €6,628 (+506.0%), from €1,310 to €7,939
- Gross operating margin -€33,443
down €33,443, from €8,302 to -€25,141
- Taxes -€11,072
down €11,072 (-98.4%), from €11,253 to €181
- Other operating charges -€799
down €799 (-49.3%), from €1,619 to €820
- Financial income +€396
up €396 (+2.5%), from €15,612 to €16,008
- Depreciation +€317
new in 2025: €317
From the 2024 result to the 2025 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.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €127,927 | €119,171 | -€8,755 | -6.8% |
| Fixed assets | 21/28 | - | €1,869 | +€1,869 | |
| Tangible fixed assets | 22/27 | - | €1,869 | +€1,869 | |
| Furniture and vehicles | 24 | - | €1,869 | +€1,869 | |
| Current assets | 29/58 | €127,927 | €117,303 | -€10,624 | -8.3% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €23,513 | €11,628 | -€11,886 | -50.5% |
| Trade receivables | 40 | €19,075 | €9,075 | -€10,000 | -52.4% |
| Other amounts receivable | 41 | €4,438 | €2,553 | -€1,886 | -42.5% |
| Cash at bank and in hand | 54/58 | €4,414 | €5,528 | +€1,114 | +25.2% |
| Deferred charges and accrued income | 490/1 | - | €148 | +€148 | |
| Total equity and liabilities | 10/49 | €127,927 | €119,171 | -€8,755 | -6.8% |
| Equity | 10/15 | -€55,730 | -€71,321 | -€15,590 | -28.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,930 | -€77,521 | -€15,590 | -25.2% |
| Amounts payable | 17/49 | €183,657 | €190,492 | +€6,835 | +3.7% |
| Amounts payable within one year | 42/48 | €183,657 | €190,492 | +€6,835 | +3.7% |
| Trade debts | 44 | €1,310 | €7,939 | +€6,628 | +506.0% |
| Suppliers | 440/4 | €1,310 | €7,939 | +€6,628 | +506.0% |
| Taxes, remuneration and social security | 45 | €40,631 | €51,355 | +€10,724 | +26.4% |
| Taxes | 450/3 | €26,831 | €25,255 | -€1,576 | -5.9% |
| Remuneration and social security | 454/9 | €13,800 | €26,100 | +€12,300 | +89.1% |
| Other amounts payable | 47/48 | €141,716 | €131,198 | -€10,518 | -7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €317 | +€317 | |
| Other operating charges | 640/8 | €1,619 | €820 | -€799 | -49.3% |
| Non-recurring operating charges | 66A | €12,157 | €4,042 | -€8,116 | -66.8% |
| Gross operating margin | 9900 | €8,302 | -€25,141 | -€33,443 | |
| Operating profit (loss) | 9901 | -€5,475 | -€30,320 | -€24,846 | -453.8% |
| Financial income | 75/76B | €15,612 | €16,008 | +€396 | +2.5% |
| Recurring financial income | 75 | €15,612 | €16,008 | +€396 | +2.5% |
| Financial charges | 65/66B | €981 | €1,097 | +€116 | +11.8% |
| Recurring financial charges | 65 | €981 | €1,097 | +€116 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | €9,156 | -€15,409 | -€24,565 | |
| Income taxes | 67/77 | €11,253 | €181 | -€11,072 | -98.4% |
| Profit (loss) for the period | 9904 | -€2,097 | -€15,590 | -€13,494 | -643.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,097 | -€15,590 | -€13,494 | -643.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.