IZTEX: 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.
IZTEX
Largest movements
- Cash +€41,395
up €41,395 (+116,968%), from €35 to €41,430
mainly Net result for the year (+€25,839) and Tax, wage and social debts (+€13,002)
- Receivables within one year -€4,012
down €4,012 (-18.0%), from €22,239 to €18,227
- Stocks and contracts +€2,905
up €2,905 (+53.3%), from €5,444 to €8,349
- Profit (loss) carried forward +€25,839
up €25,839 (+443%), from €5,837 to €31,676
- Tax, wage and social debts +€13,002
new in 2025: €13,002
of which Taxes: +€10,464
- Trade debts +€836
up €836 (+11.1%), from €7,560 to €8,396
- Gross operating margin +€30,083
up €30,083, from -€277 to €29,806
- Staff costs +€2,647
new in 2025: €2,647
- Taxes -€1,173
no longer reported in 2025 (was €1,173)
- Depreciation +€611
new in 2025: €611
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.
Derived cash bridge
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 | €28,571 | €68,248 | +€39,677 | +139% |
| Fixed assets | 21/28 | €852 | €241 | -€611 | -71.7% |
| Tangible fixed assets | 22/27 | €852 | €241 | -€611 | -71.7% |
| Furniture and vehicles | 24 | €852 | €241 | -€611 | -71.7% |
| Current assets | 29/58 | €27,719 | €68,007 | +€40,288 | +145% |
| Stocks and contracts in progress | 3 | €5,444 | €8,349 | +€2,905 | +53.3% |
| Stocks | 30/36 | €5,444 | €8,349 | +€2,905 | +53.3% |
| Amounts receivable within one year | 40/41 | €22,239 | €18,227 | -€4,012 | -18.0% |
| Other amounts receivable | 41 | €22,239 | €18,227 | -€4,012 | -18.0% |
| Cash at bank and in hand | 54/58 | €35 | €41,430 | +€41,395 | +116,968% |
| Total equity and liabilities | 10/49 | €28,571 | €68,248 | +€39,677 | +139% |
| Equity | 10/15 | €20,837 | €46,676 | +€25,839 | +124% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,837 | €31,676 | +€25,839 | +443% |
| Amounts payable | 17/49 | €7,734 | €21,572 | +€13,838 | +179% |
| Amounts payable within one year | 42/48 | €7,734 | €21,572 | +€13,838 | +179% |
| Trade debts | 44 | €7,560 | €8,396 | +€836 | +11.1% |
| Suppliers | 440/4 | €7,560 | €8,396 | +€836 | +11.1% |
| Taxes, remuneration and social security | 45 | - | €13,002 | +€13,002 | |
| Taxes | 450/3 | - | €10,464 | +€10,464 | |
| Remuneration and social security | 454/9 | - | €2,539 | +€2,539 | |
| Other amounts payable | 47/48 | €174 | €174 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €277 | - | -€277 | |
| Remuneration, social security and pensions | 62 | - | €2,647 | +€2,647 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €611 | +€611 | |
| Other operating charges | 640/8 | €413 | €427 | +€14 | +3.3% |
| Gross operating margin | 9900 | -€277 | €29,806 | +€30,083 | |
| Operating profit (loss) | 9901 | -€690 | €26,121 | +€26,811 | |
| Financial charges | 65/66B | €436 | €282 | -€154 | -35.3% |
| Recurring financial charges | 65 | €436 | €282 | -€154 | -35.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,127 | €25,839 | +€26,965 | |
| Income taxes | 67/77 | €1,173 | - | -€1,173 | |
| Profit (loss) for the period | 9904 | -€2,299 | €25,839 | +€28,138 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,299 | €25,839 | +€28,138 |
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 17 October 2026 via checked.be.