IZCI & C°: 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.
IZCI & C°
Largest movements
- Tangible fixed assets -€8,825
down €8,825 (-37.4%), from €23,571 to €14,746
of which Leasing and similar rights: -€7,272
- Cash +€4,939
new in 2025: €4,939
mainly Net result for the year (+€10,438) and Depreciation (+€8,825)
- Receivables within one year -€1,075
no longer reported in 2025 (was €1,075)
- Other debts -€13,179
down €13,179 (-24.4%), from €54,036 to €40,857
- Profit (loss) carried forward +€10,438
up €10,438 (+19.8%), from -€52,641 to -€42,204
- Trade debts -€2,910
down €2,910 (-70.5%), from €4,124 to €1,215
- Tax, wage and social debts +€642
up €642 (+65.5%), from €980 to €1,622
- Gross operating margin -€3,085
down €3,085 (-13.3%), from €23,228 to €20,143
- Other operating charges +€387
up €387 (+100%), from €387 to €775
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.
Derived cash bridge
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 | €25,273 | €20,090 | -€5,183 | -20.5% |
| Fixed assets | 21/28 | €23,571 | €14,746 | -€8,825 | -37.4% |
| Tangible fixed assets | 22/27 | €23,571 | €14,746 | -€8,825 | -37.4% |
| Furniture and vehicles | 24 | €6,292 | €4,739 | -€1,553 | -24.7% |
| Leasing and similar rights | 25 | €17,279 | €10,006 | -€7,272 | -42.1% |
| Current assets | 29/58 | €1,702 | €5,344 | +€3,642 | +214% |
| Amounts receivable within one year | 40/41 | €1,075 | - | -€1,075 | |
| Trade receivables | 40 | €1,075 | - | -€1,075 | |
| Cash at bank and in hand | 54/58 | - | €4,939 | +€4,939 | |
| Deferred charges and accrued income | 490/1 | €627 | €406 | -€222 | -35.4% |
| Total equity and liabilities | 10/49 | €25,273 | €20,090 | -€5,183 | -20.5% |
| Equity | 10/15 | -€34,041 | -€23,604 | +€10,438 | +30.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,641 | -€42,204 | +€10,438 | +19.8% |
| Amounts payable | 17/49 | €59,315 | €43,694 | -€15,621 | -26.3% |
| Amounts payable within one year | 42/48 | €59,315 | €43,694 | -€15,621 | -26.3% |
| Financial debts | 43 | €174 | - | -€174 | |
| Credit institutions | 430/8 | €174 | - | -€174 | |
| Trade debts | 44 | €4,124 | €1,215 | -€2,910 | -70.5% |
| Suppliers | 440/4 | €4,124 | €1,215 | -€2,910 | -70.5% |
| Taxes, remuneration and social security | 45 | €980 | €1,622 | +€642 | +65.5% |
| Taxes | 450/3 | €980 | €1,622 | +€642 | +65.5% |
| Other amounts payable | 47/48 | €54,036 | €40,857 | -€13,179 | -24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,849 | €8,825 | -€24 | -0.3% |
| Other operating charges | 640/8 | €387 | €775 | +€387 | +100% |
| Gross operating margin | 9900 | €23,228 | €20,143 | -€3,085 | -13.3% |
| Operating profit (loss) | 9901 | €13,991 | €10,543 | -€3,448 | -24.6% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €121 | €105 | -€15 | -12.8% |
| Recurring financial charges | 65 | €121 | €105 | -€15 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €13,871 | €10,438 | -€3,433 | -24.7% |
| Profit (loss) for the period | 9904 | €13,871 | €10,438 | -€3,433 | -24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,871 | €10,438 | -€3,433 | -24.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.