Izydoor: 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.
Izydoor
Largest movements
- Tangible fixed assets +€90,887
up €90,887 (+14.3%), from €637,249 to €728,137
of which Furniture and vehicles: +€102,341
- Cash -€26,572
down €26,572 (-95.0%), from €27,979 to €1,408
mainly Investment in fixed assets (net) (-€110,831) and Advances received (-€22,183)
- Receivables within one year -€15,101
down €15,101 (-40.3%), from €37,438 to €22,337
of which Other amounts receivable: -€28,498
- Debts after one year +€53,871
up €53,871 (+125%), from €42,927 to €96,798
- Reserves +€30,785
up €30,785 (+8.0%), from €383,803 to €414,589
- Advances received -€22,183
down €22,183 (-100%), from €22,183 to €0
- Other debts -€17,549
down €17,549 (-47.3%), from €37,117 to €19,568
- Current portion of long-term debt +€16,892
up €16,892 (+58.3%), from €28,977 to €45,869
- Gross operating margin -€5,976
down €5,976 (-7.7%), from €77,455 to €71,480
- Taxes -€5,872
down €5,872 (-26.5%), from €22,131 to €16,259
- Other operating charges -€1,945
down €1,945 (-43.5%), from €4,475 to €2,530
- Depreciation +€983
up €983 (+5.2%), from €18,961 to €19,944
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 | €769,496 | €823,672 | +€54,175 | +7.0% |
| Fixed assets | 21/28 | €637,249 | €728,137 | +€90,887 | +14.3% |
| Tangible fixed assets | 22/27 | €637,249 | €728,137 | +€90,887 | +14.3% |
| Land and buildings | 22 | €617,792 | €607,400 | -€10,392 | -1.7% |
| Plant, machinery and equipment | 23 | €1,781 | €719 | -€1,062 | -59.6% |
| Furniture and vehicles | 24 | €17,677 | €120,018 | +€102,341 | +579% |
| Current assets | 29/58 | €132,247 | €95,535 | -€36,712 | -27.8% |
| Stocks and contracts in progress | 3 | €61,534 | €66,946 | +€5,413 | +8.8% |
| Stocks | 30/36 | €61,534 | €66,946 | +€5,413 | +8.8% |
| Amounts receivable within one year | 40/41 | €37,438 | €22,337 | -€15,101 | -40.3% |
| Trade receivables | 40 | €5,408 | €18,805 | +€13,397 | +248% |
| Other amounts receivable | 41 | €32,030 | €3,533 | -€28,498 | -89.0% |
| Cash at bank and in hand | 54/58 | €27,979 | €1,408 | -€26,572 | -95.0% |
| Deferred charges and accrued income | 490/1 | €5,296 | €4,844 | -€452 | -8.5% |
| Total equity and liabilities | 10/49 | €769,496 | €823,672 | +€54,175 | +7.0% |
| Equity | 10/15 | €604,761 | €635,547 | +€30,785 | +5.1% |
| Contributions | 10/11 | €77,029 | €77,029 | = | 0.0% |
| Revaluation surpluses | 12 | €143,929 | €143,929 | = | 0.0% |
| Reserves | 13 | €383,803 | €414,589 | +€30,785 | +8.0% |
| Distributable reserves | 133 | €383,803 | €414,589 | +€30,785 | +8.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €164,735 | €188,125 | +€23,390 | +14.2% |
| Amounts payable after more than one year | 17 | €42,927 | €96,798 | +€53,871 | +125% |
| Financial debts | 170/4 | €42,927 | €96,798 | +€53,871 | +125% |
| Amounts payable within one year | 42/48 | €121,808 | €91,327 | -€30,482 | -25.0% |
| Current portion of amounts payable after more than one year | 42 | €28,977 | €45,869 | +€16,892 | +58.3% |
| Financial debts | 43 | €14,235 | €5,061 | -€9,174 | -64.4% |
| Credit institutions | 430/8 | €14,235 | €5,061 | -€9,174 | -64.4% |
| Trade debts | 44 | €6,538 | €9,277 | +€2,739 | +41.9% |
| Suppliers | 440/4 | €6,538 | €9,277 | +€2,739 | +41.9% |
| Advances received on contracts in progress | 46 | €22,183 | €0 | -€22,183 | -100% |
| Taxes, remuneration and social security | 45 | €12,758 | €11,552 | -€1,206 | -9.5% |
| Taxes | 450/3 | €12,758 | €5,676 | -€7,082 | -55.5% |
| Remuneration and social security | 454/9 | - | €5,876 | +€5,876 | |
| Other amounts payable | 47/48 | €37,117 | €19,568 | -€17,549 | -47.3% |
| Non-recurring operating income | 76A | - | €32,579 | +€32,579 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,961 | €19,944 | +€983 | +5.2% |
| Other operating charges | 640/8 | €4,475 | €2,530 | -€1,945 | -43.5% |
| Gross operating margin | 9900 | €77,455 | €71,480 | -€5,976 | -7.7% |
| Operating profit (loss) | 9901 | €54,019 | €49,005 | -€5,013 | -9.3% |
| Financial income | 75/76B | €1,333 | €1,130 | -€203 | -15.2% |
| Recurring financial income | 75 | €1,333 | €1,130 | -€203 | -15.2% |
| Financial charges | 65/66B | €3,611 | €3,091 | -€520 | -14.4% |
| Recurring financial charges | 65 | €3,611 | €3,091 | -€520 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €51,741 | €47,044 | -€4,697 | -9.1% |
| Income taxes | 67/77 | €22,131 | €16,259 | -€5,872 | -26.5% |
| Profit (loss) for the period | 9904 | €29,611 | €30,785 | +€1,175 | +4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €29,611 | €30,785 | +€1,175 | +4.0% |
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 29 October 2026 via checked.be.