Izoya: 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.
Izoya
Largest movements
- Tangible fixed assets -€9,919
down €9,919 (-28.9%), from €34,318 to €24,399
of which Furniture and vehicles: -€9,550
- Cash -€3,593
down €3,593 (-28.2%), from €12,722 to €9,130
mainly Net result for the year (-€12,384) and Debts after one year (-€6,203)
- Receivables within one year +€3,027
up €3,027 (+74.2%), from €4,080 to €7,107
of which Trade receivables: +€3,400
- Deferred charges and accrued income -€1,848
no longer reported in 2025 (was €1,848)
- Profit (loss) carried forward -€12,384
new in 2025: -€12,384
- Debts after one year -€6,203
down €6,203 (-48.9%), from €12,682 to €6,479
- Trade debts +€5,297
up €5,297 (+325.6%), from €1,627 to €6,924
- Other debts +€1,694
new in 2025: €1,694
- Tax, wage and social debts -€821
down €821 (-11.0%), from €7,488 to €6,667
- Gross operating margin -€22,913
down €22,913, from €22,028 to -€885
- Taxes -€5,203
down €5,203 (-87.7%), from €5,935 to €732
- Depreciation +€2,418
up €2,418 (+32.2%), from €7,501 to €9,919
- Financial charges -€270
down €270 (-23.1%), from €1,167 to €898
- Other operating charges -€230
down €230 (-58.7%), from €392 to €162
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 | €58,026 | €45,872 | -€12,153 | -20.9% |
| Fixed assets | 21/28 | €34,318 | €24,399 | -€9,919 | -28.9% |
| Tangible fixed assets | 22/27 | €34,318 | €24,399 | -€9,919 | -28.9% |
| Plant, machinery and equipment | 23 | €944 | €575 | -€369 | -39.1% |
| Furniture and vehicles | 24 | €33,374 | €23,824 | -€9,550 | -28.6% |
| Current assets | 29/58 | €23,708 | €21,474 | -€2,234 | -9.4% |
| Stocks and contracts in progress | 3 | €5,057 | €5,237 | +€180 | +3.6% |
| Stocks | 30/36 | €5,057 | €5,237 | +€180 | +3.6% |
| Amounts receivable within one year | 40/41 | €4,080 | €7,107 | +€3,027 | +74.2% |
| Trade receivables | 40 | €146 | €3,546 | +€3,400 | +2328.1% |
| Other amounts receivable | 41 | €3,934 | €3,561 | -€373 | -9.5% |
| Cash at bank and in hand | 54/58 | €12,722 | €9,130 | -€3,593 | -28.2% |
| Deferred charges and accrued income | 490/1 | €1,848 | - | -€1,848 | |
| Total equity and liabilities | 10/49 | €58,026 | €45,872 | -€12,153 | -20.9% |
| Equity | 10/15 | €30,289 | €17,905 | -€12,384 | -40.9% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €29,789 | €29,789 | = | 0.0% |
| Distributable reserves | 133 | €29,789 | €29,789 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€12,384 | -€12,384 | |
| Amounts payable | 17/49 | €27,737 | €27,967 | +€231 | +0.8% |
| Amounts payable after more than one year | 17 | €12,682 | €6,479 | -€6,203 | -48.9% |
| Financial debts | 170/4 | €12,682 | €6,479 | -€6,203 | -48.9% |
| Amounts payable within one year | 42/48 | €15,054 | €21,488 | +€6,434 | +42.7% |
| Current portion of amounts payable after more than one year | 42 | €5,939 | €6,203 | +€264 | +4.4% |
| Trade debts | 44 | €1,627 | €6,924 | +€5,297 | +325.6% |
| Suppliers | 440/4 | €1,627 | €6,924 | +€5,297 | +325.6% |
| Taxes, remuneration and social security | 45 | €7,488 | €6,667 | -€821 | -11.0% |
| Taxes | 450/3 | €7,488 | €6,667 | -€821 | -11.0% |
| Other amounts payable | 47/48 | - | €1,694 | +€1,694 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,501 | €9,919 | +€2,418 | +32.2% |
| Other operating charges | 640/8 | €392 | €162 | -€230 | -58.7% |
| Gross operating margin | 9900 | €22,028 | -€885 | -€22,913 | |
| Operating profit (loss) | 9901 | €14,135 | -€10,967 | -€25,101 | |
| Financial income | 75/76B | €40 | €212 | +€172 | +427.8% |
| Recurring financial income | 75 | €40 | €212 | +€172 | +427.8% |
| Financial charges | 65/66B | €1,167 | €898 | -€270 | -23.1% |
| Recurring financial charges | 65 | €1,167 | €898 | -€270 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | €13,008 | -€11,652 | -€24,660 | |
| Income taxes | 67/77 | €5,935 | €732 | -€5,203 | -87.7% |
| Profit (loss) for the period | 9904 | €7,073 | -€12,384 | -€19,457 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,073 | -€12,384 | -€19,457 |
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.