IZECHEM: what changed
Two fiscal 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.
IZECHEM
Largest movements
- Cash +€137,634
up €137,634 (+111525.5%), from €123 to €137,757
mainly Receivables within one year (+€76,718) and Net result for the year (+€71,188)
- Receivables within one year -€76,718
down €76,718 (-71.9%), from €106,709 to €29,991
of which Trade receivables: -€76,718
- Stocks and contracts +€43,856
new in 2025: €43,856
- Reserves +€71,188
up €71,188 (+161.2%), from €44,165 to €115,352
- Tax, wage and social debts +€19,268
up €19,268 (+75.4%), from €25,549 to €44,818
- Trade debts +€15,848
up €15,848 (+61.3%), from €25,849 to €41,698
- Gross operating margin +€34,511
up €34,511 (+47.9%), from €72,113 to €106,625
- Taxes +€11,406
up €11,406 (+51.7%), from €22,075 to €33,481
- Other operating charges -€3,711
down €3,711 (-96.7%), from €3,839 to €128
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 | €107,389 | €211,915 | +€104,526 | +97.3% |
| Formation expenses | 20 | €557 | €0 | -€557 | -100.0% |
| Current assets | 29/58 | €106,832 | €211,915 | +€105,083 | +98.4% |
| Stocks and contracts in progress | 3 | - | €43,856 | +€43,856 | |
| Stocks | 30/36 | - | €43,856 | +€43,856 | |
| Amounts receivable within one year | 40/41 | €106,709 | €29,991 | -€76,718 | -71.9% |
| Trade receivables | 40 | €106,709 | €29,991 | -€76,718 | -71.9% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €123 | €137,757 | +€137,634 | +111525.5% |
| Deferred charges and accrued income | 490/1 | €0 | €312 | +€312 | |
| Total equity and liabilities | 10/49 | €107,389 | €211,915 | +€104,526 | +97.3% |
| Equity | 10/15 | €50,365 | €121,552 | +€71,188 | +141.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €44,165 | €115,352 | +€71,188 | +161.2% |
| Distributable reserves | 133 | €44,165 | €115,352 | +€71,188 | +161.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €57,024 | €90,363 | +€33,339 | +58.5% |
| Amounts payable within one year | 42/48 | €56,499 | €90,235 | +€33,736 | +59.7% |
| Trade debts | 44 | €25,849 | €41,698 | +€15,848 | +61.3% |
| Suppliers | 440/4 | €25,849 | €41,698 | +€15,848 | +61.3% |
| Taxes, remuneration and social security | 45 | €25,549 | €44,818 | +€19,268 | +75.4% |
| Taxes | 450/3 | €25,549 | €44,818 | +€19,268 | +75.4% |
| Other amounts payable | 47/48 | €5,100 | €3,720 | -€1,380 | -27.1% |
| Accrued charges and deferred income | 492/3 | €525 | €128 | -€397 | -75.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €975 | €557 | -€418 | -42.9% |
| Other operating charges | 640/8 | €3,839 | €128 | -€3,711 | -96.7% |
| Non-recurring operating charges | 66A | - | €1,210 | +€1,210 | |
| Gross operating margin | 9900 | €72,113 | €106,625 | +€34,511 | +47.9% |
| Operating profit (loss) | 9901 | €67,299 | €104,730 | +€37,430 | +55.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -5.3% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -5.3% |
| Financial charges | 65/66B | €107 | €61 | -€46 | -42.9% |
| Recurring financial charges | 65 | €107 | €61 | -€46 | -42.9% |
| Profit (loss) for the period before taxes | 9903 | €67,193 | €104,669 | +€37,476 | +55.8% |
| Income taxes | 67/77 | €22,075 | €33,481 | +€11,406 | +51.7% |
| Profit (loss) for the period | 9904 | €45,118 | €71,188 | +€26,070 | +57.8% |
| Profit (loss) for the period to be appropriated | 9905 | €45,118 | €71,188 | +€26,070 | +57.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.