Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
IZOO from Meerhout, company number BE0666513526, closed financial year 2025 with a result of € -14,050 after tax. For that financial year IZOO recorded a gross margin of € 14,670 and equity of € 85,023. Compared with financial year 2024, the result moved from € -4,818 to € -14,050. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 27, 2026.
€ 85,023
▼ 33% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -14,050
▼ 192 % more loss than in 2024
Profit after tax over the fiscal year.
€ 31,545
▼ 38% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 66,423.
People and assets in 2025
€ 20,206
▼ 15% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 434
▼ 69% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,960
▼ 66% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,140
▼ 25% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 48,233 | € 63,344 | € 30,208 | € 14,670 | ▼ 51% |
| Profit after taxes | € 6,339 | € 23,133 | € -4,818 | € -14,050 | ▼ € 9,232 |
| Equity | € 108,914 | € 132,047 | € 127,229 | € 85,023 | ▼ 33% |
| Total debts | € 25,602 | € 27,310 | € 20,793 | € 39,917 | ▲ 92% |
| Cash | € 98,949 | € 66,569 | € 51,167 | € 31,545 | ▼ 38% |
| Retained profit | € 90,314 | € 113,447 | € 108,629 | € 66,423 | ▼ 39% |
| Dividend | € 0 | € 0 | € 0 | € 28,156 | |
| Balance sheet total | € 134,516 | € 159,357 | € 148,022 | € 124,940 | ▼ 16% |
Key figures of IZOO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to IZOO?
What happened at IZOO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 14,050. Source: NBB ↗
- Izzet Babaoglu became a director. NBB
- Gul Cetin became a director. NBB
- New establishment in Meerhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,339 profit in 2022 to € 14,050 loss in 2025.
Paid € 14,970 in corporate taxes since 2022.
Best year ever: 2023, with € 23,133 profit.
Paid out € 28,156 in dividends to the owners in total.
Management
Behind IZOO are Izzet Babaoglu and Gul Cetin. Izzet Babaoglu is also behind Kayseri 38.
Directors
According to the 2025 annual accounts
since 2024
Gul Cetin
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Markt 20
2450 Meerhout
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Self-hosted
Hosting
AS-HOSTINGER, CY
Website info
Features
Security
Network
Details
- Company number
- 0666.513.526
- VAT number
- BE 0666.513.526
- Registered office
- Markt 20, 2450 Meerhout
- Names & denominations
- IZOO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 November 2016
- Peppol
- Active · Active since 30 Dec 2025
- Contact
- izo-kebap.be
- Activities · NACE
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