IZMAILOVA: 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.
IZMAILOVA
Largest movements
- Stocks and contracts +€10,454
up €10,454 (+13.4%), from €78,240 to €88,694
- Receivables within one year +€8,814
up €8,814 (+91.2%), from €9,664 to €18,478
of which Trade receivables: +€9,819
- Cash -€1,159
down €1,159 (-37.5%), from €3,090 to €1,931
mainly Stocks and contracts (-€10,454) and Receivables within one year (-€8,814)
- Profit (loss) carried forward +€57,820
up €57,820 (+30.0%), from -€192,846 to -€135,026
- Reserves -€55,713
down €55,713 (-100.0%), from €55,713 to €0
- Other debts +€15,068
up €15,068 (+10.5%), from €143,277 to €158,345
- Gross operating margin +€8,828
up €8,828, from -€6,508 to €2,320
- Other operating charges -€384
down €384 (-72.7%), from €528 to €144
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 | €91,294 | €109,403 | +€18,108 | +19.8% |
| Fixed assets | 21/28 | €300 | €300 | = | 0.0% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €90,994 | €109,103 | +€18,108 | +19.9% |
| Stocks and contracts in progress | 3 | €78,240 | €88,694 | +€10,454 | +13.4% |
| Stocks | 30/36 | €78,240 | €88,694 | +€10,454 | +13.4% |
| Amounts receivable within one year | 40/41 | €9,664 | €18,478 | +€8,814 | +91.2% |
| Trade receivables | 40 | - | €9,819 | +€9,819 | |
| Other amounts receivable | 41 | €9,664 | €8,660 | -€1,004 | -10.4% |
| Cash at bank and in hand | 54/58 | €3,090 | €1,931 | -€1,159 | -37.5% |
| Total equity and liabilities | 10/49 | €91,294 | €109,403 | +€18,108 | +19.8% |
| Equity | 10/15 | -€52,133 | -€50,026 | +€2,107 | +4.0% |
| Contributions | 10/11 | €85,000 | €85,000 | = | 0.0% |
| Reserves | 13 | €55,713 | €0 | -€55,713 | -100.0% |
| Distributable reserves | 133 | €55,713 | €0 | -€55,713 | -100.0% |
| Profit (loss) carried forward | 14 | -€192,846 | -€135,026 | +€57,820 | +30.0% |
| Amounts payable | 17/49 | €143,427 | €159,429 | +€16,002 | +11.2% |
| Amounts payable within one year | 42/48 | €143,427 | €159,429 | +€16,002 | +11.2% |
| Trade debts | 44 | €150 | €1,084 | +€934 | +622.4% |
| Suppliers | 440/4 | €150 | €1,084 | +€934 | +622.4% |
| Other amounts payable | 47/48 | €143,277 | €158,345 | +€15,068 | +10.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Other operating charges | 640/8 | €528 | €144 | -€384 | -72.7% |
| Gross operating margin | 9900 | -€6,508 | €2,320 | +€8,828 | |
| Operating profit (loss) | 9901 | -€7,036 | €2,176 | +€9,212 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €41 | €69 | +€28 | +68.9% |
| Recurring financial charges | 65 | €41 | €69 | +€28 | +68.9% |
| Profit (loss) for the period before taxes | 9903 | -€7,077 | €2,107 | +€9,183 | |
| Profit (loss) for the period | 9904 | -€7,077 | €2,107 | +€9,183 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,077 | €2,107 | +€9,183 |
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 11 October 2026 via checked.be.