IZYTEC: 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.
IZYTEC
Largest movements
- Cash +€76,016
up €76,016 (+96.5%), from €78,804 to €154,819
mainly Trade debts (+€43,847) and Short-term financial debts (+€33,281)
- Receivables within one year +€19,251
up €19,251 (+4.4%), from €438,174 to €457,425
of which Trade receivables: +€78,482
- Deferred charges and accrued income +€11,325
up €11,325 (+8.6%), from €131,987 to €143,312
- Trade debts +€43,847
up €43,847 (+18.4%), from €238,542 to €282,390
- Short-term financial debts +€33,281
up €33,281 (+77.2%), from €43,109 to €76,389
of which Credit institutions: +€66,891
- Tax, wage and social debts +€32,156
up €32,156 (+23.7%), from €135,527 to €167,682
of which Remuneration and social security: +€38,281
- Gross operating margin -€46,268
down €46,268 (-1.9%), from €2.5m to €2.4m
- Staff costs -€26,875
down €26,875 (-1.1%), from €2.4m to €2.4m
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €701,457 | €812,186 | +€110,729 | +15.8% |
| Fixed assets | 21/28 | €52,492 | €56,630 | +€4,138 | +7.9% |
| Tangible fixed assets | 22/27 | €52,315 | €56,453 | +€4,138 | +7.9% |
| Plant, machinery and equipment | 23 | €3,802 | €8,583 | +€4,780 | +125.7% |
| Furniture and vehicles | 24 | €48,513 | €47,870 | -€643 | -1.3% |
| Financial fixed assets | 28 | €177 | €177 | = | 0.0% |
| Current assets | 29/58 | €648,965 | €755,556 | +€106,591 | +16.4% |
| Amounts receivable within one year | 40/41 | €438,174 | €457,425 | +€19,251 | +4.4% |
| Trade receivables | 40 | €236,349 | €314,831 | +€78,482 | +33.2% |
| Other amounts receivable | 41 | €201,825 | €142,593 | -€59,232 | -29.3% |
| Cash at bank and in hand | 54/58 | €78,804 | €154,819 | +€76,016 | +96.5% |
| Deferred charges and accrued income | 490/1 | €131,987 | €143,312 | +€11,325 | +8.6% |
| Total equity and liabilities | 10/49 | €701,457 | €812,186 | +€110,729 | +15.8% |
| Equity | 10/15 | €284,279 | €285,391 | +€1,112 | +0.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €259,279 | €260,391 | +€1,112 | +0.4% |
| Distributable reserves | 133 | €259,279 | €260,391 | +€1,112 | +0.4% |
| Amounts payable | 17/49 | €417,178 | €526,795 | +€109,617 | +26.3% |
| Amounts payable within one year | 42/48 | €417,178 | €526,503 | +€109,325 | +26.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €43,109 | €76,389 | +€33,281 | +77.2% |
| Credit institutions | 430/8 | €8,711 | €75,602 | +€66,891 | +767.9% |
| Other loans | 439 | €34,398 | €787 | -€33,611 | -97.7% |
| Trade debts | 44 | €238,542 | €282,390 | +€43,847 | +18.4% |
| Suppliers | 440/4 | €238,542 | €282,390 | +€43,847 | +18.4% |
| Taxes, remuneration and social security | 45 | €135,527 | €167,682 | +€32,156 | +23.7% |
| Taxes | 450/3 | €22,178 | €16,052 | -€6,125 | -27.6% |
| Remuneration and social security | 454/9 | €113,349 | €151,630 | +€38,281 | +33.8% |
| Other amounts payable | 47/48 | €0 | €42 | +€42 | |
| Accrued charges and deferred income | 492/3 | - | €292 | +€292 | |
| Non-recurring operating income | 76A | €49,178 | €0 | -€49,178 | -100.0% |
| Remuneration, social security and pensions | 62 | €2,418,727 | €2,391,852 | -€26,875 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,046 | €24,299 | +€7,254 | +42.6% |
| Other operating charges | 640/8 | €22,596 | €9,402 | -€13,194 | -58.4% |
| Non-recurring operating charges | 66A | €3,159 | €0 | -€3,159 | -100.0% |
| Gross operating margin | 9900 | €2,490,975 | €2,444,708 | -€46,268 | -1.9% |
| Operating profit (loss) | 9901 | €29,448 | €19,155 | -€10,293 | -35.0% |
| Financial income | 75/76B | €5,708 | €3,472 | -€2,236 | -39.2% |
| Recurring financial income | 75 | €5,708 | €3,472 | -€2,236 | -39.2% |
| Non-recurring financial income | 76B | - | €0 | = | |
| Financial charges | 65/66B | €4,339 | €3,912 | -€427 | -9.8% |
| Recurring financial charges | 65 | €4,339 | €3,912 | -€427 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €30,818 | €18,715 | -€12,103 | -39.3% |
| Income taxes | 67/77 | €18,667 | €17,603 | -€1,064 | -5.7% |
| Profit (loss) for the period | 9904 | €12,151 | €1,112 | -€11,038 | -90.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,151 | €1,112 | -€11,038 | -90.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.