IZZET BEZETTINGSWERKEN: what changed
IZZET BEZETTINGSWERKEN
Largest movements
- Receivables within one year -€14,321
down €14,321 (-26.9%), from €53,237 to €38,916
- Tangible fixed assets -€3,418
down €3,418 (-45.8%), from €7,461 to €4,043
- Cash -€1,196
down €1,196 (-35.5%), from €3,365 to €2,169
mainly Trade debts (-€10,617) and Tax, wage and social debts (-€5,736)
- Trade debts -€10,617
down €10,617 (-75.1%), from €14,133 to €3,516
- Tax, wage and social debts -€5,736
down €5,736 (-59.6%), from €9,627 to €3,890
of which Taxes: -€5,726
- Current portion of long-term debt -€3,463
no longer reported in 2026 (was €3,463)
- Profit (loss) carried forward +€882
up €882 (+2.9%), from €30,832 to €31,715
- Gross operating margin -€2,827
down €2,827 (-37.8%), from €7,482 to €4,656
- Financial income +€1,316
new in 2026: €1,316
- Taxes +€1,309
no longer reported in 2026 (was -€1,309)
- Financial charges -€714
down €714 (-52.4%), from €1,362 to €648
- Other operating charges +€443
up €443 (+76.4%), from €580 to €1,024
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,063 | €45,128 | -€18,935 | -29.6% |
| Fixed assets | 21/28 | €7,461 | €4,043 | -€3,418 | -45.8% |
| Tangible fixed assets | 22/27 | €7,461 | €4,043 | -€3,418 | -45.8% |
| Furniture and vehicles | 24 | €7,461 | €4,043 | -€3,418 | -45.8% |
| Current assets | 29/58 | €56,602 | €41,085 | -€15,517 | -27.4% |
| Amounts receivable within one year | 40/41 | €53,237 | €38,916 | -€14,321 | -26.9% |
| Other amounts receivable | 41 | €53,237 | €38,916 | -€14,321 | -26.9% |
| Cash at bank and in hand | 54/58 | €3,365 | €2,169 | -€1,196 | -35.5% |
| Total equity and liabilities | 10/49 | €64,063 | €45,128 | -€18,935 | -29.6% |
| Equity | 10/15 | €36,114 | €36,997 | +€882 | +2.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €3,282 | €3,282 | = | 0.0% |
| Distributable reserves | 133 | €3,282 | €3,282 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,832 | €31,715 | +€882 | +2.9% |
| Amounts payable | 17/49 | €27,948 | €8,131 | -€19,817 | -70.9% |
| Amounts payable after more than one year | 17 | €725 | €725 | = | 0.0% |
| Financial debts | 170/4 | €725 | €725 | = | 0.0% |
| Amounts payable within one year | 42/48 | €27,223 | €7,406 | -€19,817 | -72.8% |
| Current portion of amounts payable after more than one year | 42 | €3,463 | - | -€3,463 | |
| Trade debts | 44 | €14,133 | €3,516 | -€10,617 | -75.1% |
| Suppliers | 440/4 | €14,133 | €3,516 | -€10,617 | -75.1% |
| Taxes, remuneration and social security | 45 | €9,627 | €3,890 | -€5,736 | -59.6% |
| Taxes | 450/3 | €9,616 | €3,890 | -€5,726 | -59.5% |
| Remuneration and social security | 454/9 | €11 | - | -€11 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,567 | €3,418 | -€149 | -4.2% |
| Other operating charges | 640/8 | €580 | €1,024 | +€443 | +76.4% |
| Gross operating margin | 9900 | €7,482 | €4,656 | -€2,827 | -37.8% |
| Operating profit (loss) | 9901 | €3,336 | €214 | -€3,121 | -93.6% |
| Financial income | 75/76B | - | €1,316 | +€1,316 | |
| Recurring financial income | 75 | - | €1,316 | +€1,316 | |
| Financial charges | 65/66B | €1,362 | €648 | -€714 | -52.4% |
| Recurring financial charges | 65 | €1,362 | €648 | -€714 | -52.4% |
| Profit (loss) for the period before taxes | 9903 | €1,973 | €882 | -€1,091 | -55.3% |
| Income taxes | 67/77 | -€1,309 | - | +€1,309 | |
| Profit (loss) for the period | 9904 | €3,282 | €882 | -€2,400 | -73.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,282 | €882 | -€2,400 | -73.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.