IZIKO: what changed
What changed
IZIKO
NACE 62.100, Computer programming
filed annual accounts (NBB)
Net result for the year
€1.5m
31-12-2024 · €4.1m-€2.6m
Equity
€1.1m
31-12-2024 · €1.1m+€28,950
Cash
€1.3m
31-12-2024 · €822,558+€486,647
Balance sheet total
€9.1m
31-12-2024 · €9.3m-€156,997
Largest movements
Assets
- Receivables within one year -€574,038
down €574,038 (-37.6%), from €1.5m to €951,060
of which Trade receivables: -€565,134
- Cash +€486,647
up €486,647 (+59.2%), from €822,558 to €1.3m
mainly Net result for the year (+€1.5m) and Receivables within one year (+€574,038)
- Intangible fixed assets -€168,630
down €168,630 (-26.9%), from €627,096 to €458,465
Equity and liabilities
- Other debts -€158,932
down €158,932 (-2.3%), from €6.8m to €6.7m
- Trade debts -€136,431
down €136,431 (-24.4%), from €559,120 to €422,689
- Tax, wage and social debts +€113,657
up €113,657 (+13.8%), from €825,200 to €938,857
of which Taxes: +€222,002
Income statement
- Financial income -€1.3m
down €1.3m (-40.7%), from €3.2m to €1.9m
- Staff costs +€698,733
up €698,733 (+28.7%), from €2.4m to €3.1m
- Taxes +€265,586
up €265,586 (+76.8%), from €345,719 to €611,304
- Turnover +€177,603
up €177,603 (+2.0%), from €8.7m to €8.9m
- Services and other goods +€167,435
up €167,435 (+3.1%), from €5.3m to €5.5m
Change in the result, 31-12-2024 to 31-12-2025
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 31-12-2024
€4.1m
Turnover
+€177,603
Other operating income
+€92,150
Goods and materials
-€9,271
Services and other goods
-€167,435
Staff costs
-€698,733
Depreciation
-€88,903
Other operating charges
+€7,328
Other operating items
-€294,850
Financial income
-€1.3m
Financial charges
-€7,917
Taxes
-€265,586
Result 31-12-2025
€1.5m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€2.1m
Investment
-€131,920
Financing
-€1.5m
Cash 31-12-2024
€822,558
From operations (derived)
+€2.1m
Net result for the year
+€1.5m
Depreciation
+€233,423
Receivables within one year
+€574,038
Deferred charges and accrued income
-€31,897
Trade debts
-€136,431
Tax, wage and social debts
+€113,657
Other debts
-€158,932
Accrued charges and deferred income
-€4,241
Investment (derived)
-€131,920
Investment in fixed assets (net)
-€131,920
Financing
-€1.5m
Contributions, distributions and other
-€1.5m
Cash 31-12-2025
€1.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,306,558 | €9,149,561 | -€156,997 | -1.7% |
| Fixed assets | 21/28 | €6,946,655 | €6,845,153 | -€101,502 | -1.5% |
| Intangible fixed assets | 21 | €627,096 | €458,465 | -€168,630 | -26.9% |
| Tangible fixed assets | 22/27 | €209,149 | €276,277 | +€67,128 | +32.1% |
| Plant, machinery and equipment | 23 | €1,433 | €63,809 | +€62,376 | +4,353% |
| Furniture and vehicles | 24 | €79,067 | €44,977 | -€34,090 | -43.1% |
| Other tangible fixed assets | 26 | €128,649 | €167,492 | +€38,843 | +30.2% |
| Financial fixed assets | 28 | €6,110,410 | €6,110,410 | = | 0.0% |
| Affiliated companies | 280/1 | €6,095,590 | €6,095,590 | = | 0.0% |
| Participating interests | 280 | €6,095,590 | €6,095,590 | = | 0.0% |
| Other financial fixed assets | 284/8 | €14,820 | €14,820 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €14,820 | €14,820 | = | 0.0% |
| Current assets | 29/58 | €2,359,903 | €2,304,408 | -€55,495 | -2.4% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €1,525,098 | €951,060 | -€574,038 | -37.6% |
| Trade receivables | 40 | €1,318,089 | €752,955 | -€565,134 | -42.9% |
| Other amounts receivable | 41 | €207,009 | €198,104 | -€8,904 | -4.3% |
| Cash at bank and in hand | 54/58 | €822,558 | €1,309,205 | +€486,647 | +59.2% |
| Deferred charges and accrued income | 490/1 | €12,247 | €44,144 | +€31,897 | +260% |
| Total equity and liabilities | 10/49 | €9,306,558 | €9,149,561 | -€156,997 | -1.7% |
| Equity | 10/15 | €1,097,629 | €1,126,578 | +€28,950 | +2.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,006,200 | €1,006,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €1,000,000 | €1,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,429 | €58,378 | +€28,950 | +98.4% |
| Amounts payable | 17/49 | €8,208,930 | €8,022,983 | -€185,947 | -2.3% |
| Amounts payable within one year | 42/48 | €8,204,688 | €8,022,983 | -€181,705 | -2.2% |
| Trade debts | 44 | €559,120 | €422,689 | -€136,431 | -24.4% |
| Suppliers | 440/4 | €559,120 | €422,689 | -€136,431 | -24.4% |
| Taxes, remuneration and social security | 45 | €825,200 | €938,857 | +€113,657 | +13.8% |
| Taxes | 450/3 | €504,581 | €726,582 | +€222,002 | +44.0% |
| Remuneration and social security | 454/9 | €320,619 | €212,275 | -€108,344 | -33.8% |
| Other amounts payable | 47/48 | €6,820,369 | €6,661,437 | -€158,932 | -2.3% |
| Accrued charges and deferred income | 492/3 | €4,241 | - | -€4,241 | |
| Operating income | 70/76A | €9,167,369 | €9,167,731 | +€362 | 0.0% |
| Turnover | 70 | €8,742,095 | €8,919,697 | +€177,603 | +2.0% |
| Own construction capitalised | 72 | €249,391 | - | -€249,391 | |
| Other operating income | 74 | €155,883 | €248,033 | +€92,150 | +59.1% |
| Non-recurring operating income | 76A | €20,000 | - | -€20,000 | |
| Operating charges | 60/66A | €7,904,851 | €8,887,324 | +€982,473 | +12.4% |
| Goods for resale, raw materials and consumables | 60 | - | €9,271 | +€9,271 | |
| Purchases | 600/8 | - | €9,271 | +€9,271 | |
| Services and other goods | 61 | €5,316,133 | €5,483,568 | +€167,435 | +3.1% |
| Remuneration, social security and pensions | 62 | €2,432,723 | €3,131,457 | +€698,733 | +28.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €144,519 | €233,423 | +€88,903 | +61.5% |
| Other operating charges | 640/8 | €10,880 | €3,552 | -€7,328 | -67.4% |
| Non-recurring operating charges | 66A | €595 | €26,055 | +€25,459 | +4,276% |
| Operating profit (loss) | 9901 | €1,262,518 | €280,407 | -€982,111 | -77.8% |
| Financial income | 75/76B | €3,186,238 | €1,890,564 | -€1.3m | -40.7% |
| Recurring financial income | 75 | €3,186,238 | €1,890,564 | -€1.3m | -40.7% |
| Income from financial fixed assets | 750 | €3,185,000 | €1,890,446 | -€1.3m | -40.6% |
| Other financial income | 752/9 | €1,238 | €118 | -€1,121 | -90.5% |
| Financial charges | 65/66B | €22,798 | €30,716 | +€7,917 | +34.7% |
| Recurring financial charges | 65 | €22,798 | €30,716 | +€7,917 | +34.7% |
| Debt charges | 650 | €22,281 | €23,727 | +€1,446 | +6.5% |
| Other financial charges | 652/9 | €517 | €6,989 | +€6,472 | +1,252% |
| Profit (loss) for the period before taxes | 9903 | €4,425,957 | €2,140,254 | -€2.3m | -51.6% |
| Income taxes | 67/77 | €345,719 | €611,304 | +€265,586 | +76.8% |
| Taxes | 670/3 | €345,719 | €611,304 | +€265,586 | +76.8% |
| Profit (loss) for the period | 9904 | €4,080,239 | €1,528,950 | -€2.6m | -62.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,080,239 | €1,528,950 | -€2.6m | -62.5% |
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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 6 November 2026 via checked.be.