Izzy Food: 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.
Izzy Food
Largest movements
- Receivables within one year -€38,093
down €38,093 (-46.8%), from €81,364 to €43,271
of which Trade receivables: -€54,971
- Tangible fixed assets +€8,702
new in 2025: €8,702
- Cash -€6,580
down €6,580 (-9.6%), from €68,310 to €61,730
mainly Trade debts (-€39,915) and Current portion of long-term debt (-€21,548)
- Trade debts -€39,915
down €39,915 (-35.0%), from €114,205 to €74,290
- Current portion of long-term debt -€21,548
no longer reported in 2025 (was €21,548)
- Tax, wage and social debts +€17,909
up €17,909 (+232%), from €7,708 to €25,616
of which Taxes: +€11,260
- Profit (loss) carried forward +€12,761
up €12,761 (+80.5%), from €15,856 to €28,617
- Other debts -€3,326
down €3,326 (-19.5%), from €17,058 to €13,733
- Staff costs +€44,670
up €44,670 (+125%), from €35,597 to €80,266
- Gross operating margin +€40,239
up €40,239 (+67.7%), from €59,464 to €99,703
- Financial charges -€3,397
down €3,397 (-75.3%), from €4,510 to €1,113
- Depreciation +€1,091
new in 2025: €1,091
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 | €206,375 | €172,256 | -€34,120 | -16.5% |
| Fixed assets | 21/28 | - | €9,102 | +€9,102 | |
| Tangible fixed assets | 22/27 | - | €8,702 | +€8,702 | |
| Furniture and vehicles | 24 | - | €8,702 | +€8,702 | |
| Financial fixed assets | 28 | - | €400 | +€400 | |
| Current assets | 29/58 | €206,375 | €163,154 | -€43,222 | -20.9% |
| Stocks and contracts in progress | 3 | €56,701 | €58,153 | +€1,452 | +2.6% |
| Stocks | 30/36 | €56,701 | €58,153 | +€1,452 | +2.6% |
| Amounts receivable within one year | 40/41 | €81,364 | €43,271 | -€38,093 | -46.8% |
| Trade receivables | 40 | €81,364 | €26,393 | -€54,971 | -67.6% |
| Other amounts receivable | 41 | - | €16,878 | +€16,878 | |
| Cash at bank and in hand | 54/58 | €68,310 | €61,730 | -€6,580 | -9.6% |
| Total equity and liabilities | 10/49 | €206,375 | €172,256 | -€34,120 | -16.5% |
| Equity | 10/15 | €45,856 | €58,617 | +€12,761 | +27.8% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,856 | €28,617 | +€12,761 | +80.5% |
| Amounts payable | 17/49 | €160,520 | €113,639 | -€46,881 | -29.2% |
| Amounts payable within one year | 42/48 | €160,520 | €113,639 | -€46,881 | -29.2% |
| Current portion of amounts payable after more than one year | 42 | €21,548 | - | -€21,548 | |
| Trade debts | 44 | €114,205 | €74,290 | -€39,915 | -35.0% |
| Suppliers | 440/4 | €114,205 | €74,290 | -€39,915 | -35.0% |
| Taxes, remuneration and social security | 45 | €7,708 | €25,616 | +€17,909 | +232% |
| Taxes | 450/3 | €4,266 | €15,526 | +€11,260 | +264% |
| Remuneration and social security | 454/9 | €3,441 | €10,090 | +€6,649 | +193% |
| Other amounts payable | 47/48 | €17,058 | €13,733 | -€3,326 | -19.5% |
| Remuneration, social security and pensions | 62 | €35,597 | €80,266 | +€44,670 | +125% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,091 | +€1,091 | |
| Other operating charges | 640/8 | €125 | €765 | +€640 | +512% |
| Gross operating margin | 9900 | €59,464 | €99,703 | +€40,239 | +67.7% |
| Operating profit (loss) | 9901 | €23,743 | €17,581 | -€6,162 | -26.0% |
| Financial income | 75/76B | €587 | €0 | -€587 | -100.0% |
| Recurring financial income | 75 | €587 | €0 | -€587 | -100.0% |
| Financial charges | 65/66B | €4,510 | €1,113 | -€3,397 | -75.3% |
| Recurring financial charges | 65 | €4,510 | €1,113 | -€3,397 | -75.3% |
| Profit (loss) for the period before taxes | 9903 | €19,819 | €16,468 | -€3,352 | -16.9% |
| Income taxes | 67/77 | €3,964 | €3,706 | -€258 | -6.5% |
| Profit (loss) for the period | 9904 | €15,856 | €12,761 | -€3,094 | -19.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,856 | €12,761 | -€3,094 | -19.5% |
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 20 October 2026 via checked.be.