Izo2: 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.
Izo2
Largest movements
- Receivables within one year +€15,149
new in 2025: €15,149
- Cash +€7,660
up €7,660 (+11.9%), from €64,308 to €71,968
mainly Net result for the year (+€24,286) and Depreciation (+€1,510)
- Tangible fixed assets -€1,510
down €1,510 (-48.8%), from €3,093 to €1,583
- Profit (loss) carried forward +€23,453
up €23,453 (+46.0%), from €50,968 to €74,421
- Trade debts -€1,270
down €1,270 (-26.3%), from €4,834 to €3,564
- Gross operating margin -€2,426
down €2,426 (-6.4%), from €37,886 to €35,460
- Taxes +€1,171
up €1,171 (+15.7%), from €7,471 to €8,642
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 | €67,401 | €88,700 | +€21,299 | +31.6% |
| Fixed assets | 21/28 | €3,093 | €1,583 | -€1,510 | -48.8% |
| Tangible fixed assets | 22/27 | €3,093 | €1,583 | -€1,510 | -48.8% |
| Furniture and vehicles | 24 | €3,093 | €1,583 | -€1,510 | -48.8% |
| Current assets | 29/58 | €64,308 | €87,117 | +€22,809 | +35.5% |
| Amounts receivable within one year | 40/41 | - | €15,149 | +€15,149 | |
| Other amounts receivable | 41 | - | €15,149 | +€15,149 | |
| Cash at bank and in hand | 54/58 | €64,308 | €71,968 | +€7,660 | +11.9% |
| Total equity and liabilities | 10/49 | €67,401 | €88,700 | +€21,299 | +31.6% |
| Equity | 10/15 | €51,968 | €75,421 | +€23,453 | +45.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,968 | €74,421 | +€23,453 | +46.0% |
| Amounts payable | 17/49 | €15,433 | €13,279 | -€2,154 | -14.0% |
| Amounts payable within one year | 42/48 | €15,433 | €13,279 | -€2,154 | -14.0% |
| Trade debts | 44 | €4,834 | €3,564 | -€1,270 | -26.3% |
| Suppliers | 440/4 | €4,834 | €3,564 | -€1,270 | -26.3% |
| Taxes, remuneration and social security | 45 | €8,903 | €8,882 | -€20 | -0.2% |
| Taxes | 450/3 | €8,903 | €8,882 | -€20 | -0.2% |
| Other amounts payable | 47/48 | €1,696 | €833 | -€863 | -50.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,436 | €1,510 | +€73 | +5.1% |
| Other operating charges | 640/8 | €561 | €845 | +€284 | +50.6% |
| Gross operating margin | 9900 | €37,886 | €35,460 | -€2,426 | -6.4% |
| Operating profit (loss) | 9901 | €35,889 | €33,106 | -€2,783 | -7.8% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €244 | €177 | -€67 | -27.4% |
| Recurring financial charges | 65 | €244 | €177 | -€67 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | €35,645 | €32,928 | -€2,717 | -7.6% |
| Income taxes | 67/77 | €7,471 | €8,642 | +€1,171 | +15.7% |
| Profit (loss) for the period | 9904 | €28,174 | €24,286 | -€3,888 | -13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €28,174 | €24,286 | -€3,888 | -13.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.