IZZIMMO: 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.
IZZIMMO
Largest movements
- Tangible fixed assets -€107,684
down €107,684 (-3.7%), from €2.9m to €2.8m
- Other debts +€127,600
up €127,600 (+3.6%), from €3.5m to €3.6m
- Profit (loss) carried forward -€111,123
down €111,123 (-10.6%), from -€1.1m to -€1.2m
- Debts after one year -€75,472
down €75,472 (-17.7%), from €427,292 to €351,820
- Trade debts -€61,822
down €61,822 (-29.0%), from €213,208 to €151,386
- Gross operating margin +€18,401
up €18,401 (+287%), from €6,418 to €24,820
- Purchases and services -€8,401
down €8,401 (-93.0%), from €9,034 to €632
- Financial charges -€4,190
down €4,190 (-12.9%), from €32,449 to €28,258
- Other operating charges -€968
no longer reported in 2025 (was €968)
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 | €3,793,668 | €3,693,869 | -€99,800 | -2.6% |
| Fixed assets | 21/28 | €2,942,995 | €2,835,311 | -€107,684 | -3.7% |
| Tangible fixed assets | 22/27 | €2,942,995 | €2,835,311 | -€107,684 | -3.7% |
| Land and buildings | 22 | €2,942,995 | €2,835,311 | -€107,684 | -3.7% |
| Current assets | 29/58 | €850,673 | €858,558 | +€7,885 | +0.9% |
| Cash at bank and in hand | 54/58 | €3,182 | €11,066 | +€7,885 | +248% |
| Deferred charges and accrued income | 490/1 | €847,491 | €847,491 | = | 0.0% |
| Total equity and liabilities | 10/49 | €3,793,668 | €3,693,869 | -€99,800 | -2.6% |
| Equity | 10/15 | -€881,394 | -€992,517 | -€111,123 | -12.6% |
| Contributions | 10/11 | €170,000 | €170,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,051,394 | -€1,162,517 | -€111,123 | -10.6% |
| Amounts payable | 17/49 | €4,675,062 | €4,686,385 | +€11,323 | +0.2% |
| Amounts payable after more than one year | 17 | €427,292 | €351,820 | -€75,472 | -17.7% |
| Financial debts | 170/4 | €427,292 | €351,820 | -€75,472 | -17.7% |
| Amounts payable within one year | 42/48 | €4,247,770 | €4,334,565 | +€86,795 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | €99,554 | €112,242 | +€12,688 | +12.7% |
| Trade debts | 44 | €213,208 | €151,386 | -€61,822 | -29.0% |
| Suppliers | 440/4 | €213,208 | €151,386 | -€61,822 | -29.0% |
| Advances received on contracts in progress | 46 | €416,580 | €424,910 | +€8,330 | +2.0% |
| Other amounts payable | 47/48 | €3,518,428 | €3,646,028 | +€127,600 | +3.6% |
| Turnover | 70 | €1,452 | €1,452 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €9,034 | €632 | -€8,401 | -93.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,684 | €107,684 | = | 0.0% |
| Other operating charges | 640/8 | €968 | - | -€968 | |
| Gross operating margin | 9900 | €6,418 | €24,820 | +€18,401 | +287% |
| Operating profit (loss) | 9901 | -€102,234 | -€82,865 | +€19,369 | +18.9% |
| Financial charges | 65/66B | €32,449 | €28,258 | -€4,190 | -12.9% |
| Recurring financial charges | 65 | €32,449 | €28,258 | -€4,190 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | -€134,682 | -€111,123 | +€23,559 | +17.5% |
| Profit (loss) for the period | 9904 | -€134,682 | -€111,123 | +€23,559 | +17.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€134,682 | -€111,123 | +€23,559 | +17.5% |
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 27 October 2026 via checked.be.