Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 29 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IZY COFFEE from Nazareth-De Pinte, company number BE0696751493, closed financial year 2025 with a result of € -855,451 after tax. For that financial year IZY COFFEE recorded a gross margin of € 1.5 million and equity of € 12,796. Compared with financial year 2024, the result moved from € 142,348 to € -855,451. The company made a loss. The buffer shrank hard: equity is 99 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 9, 2026.
€ 12,796
▼ 99% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -855,451
▼ still € 142,348 profit in 2024
Profit after tax over the fiscal year.
€ 67,578
▼ 68% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -694,911.
People and assets in 2025
31.3
▲ 6.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▲ 34% vs 2024
€ 53,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,084
▼ 79% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 3.4 million
▲ 42% vs 2024
€ 606,666 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 701,948
▲ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 167,349
▲ 110% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 623,984 | € 971,170 | € 1,884,631 | € 1,540,833 | ▼ 18% |
| Profit after taxes | € 32,100 | € 68,679 | € 142,348 | € -855,451 | ▼ € 997,799 |
| Equity | € 349,463 | € 418,143 | € 868,247 | € 12,796 | ▼ 99% |
| Total debts | € 1,220,637 | € 2,179,047 | € 3,018,579 | € 4,276,947 | ▲ 42% |
| Cash | € 91,987 | € 165,417 | € 212,572 | € 67,578 | ▼ 68% |
| Retained profit | € -50,487 | € 18,193 | € 160,540 | € -694,911 | ▼ € 855,451 |
| Bank debt | € 890,057 | € 1,704,838 | € 2,378,902 | € 3,374,922 | ▲ 42% |
| Balance sheet total | € 1,570,100 | € 2,597,189 | € 3,886,826 | € 4,289,743 | ▲ 10% |
| Employees (FTE) | 9.9 | 13.3 | 24.6 | 31.3 | ▲ 6.7 |
Key figures of IZY COFFEE, 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 IZY COFFEE?
What happened at IZY COFFEE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 855,451 (▼ € 997,799 vs 2024). Source: NBB ↗
- New establishment in Sint-Niklaas. KBO
- Axelle Vyncke became a director. NBB
- New establishment in Maasmechelen. KBO
- New establishment in Leuven. KBO
- New establishment in Hasselt. KBO
- New establishment in Nazareth-De Pinte. KBO
- New establishment in Gent. KBO
In short
From € 32,100 profit in 2022 to € 855,451 loss in 2025.
Paid € 341 in corporate taxes since 2022.
Best year ever: 2024, with € 142,348 profit.
On average € 49,200 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind IZY COFFEE are Axelle Vyncke, Ennio Vandevoorde and Bart Buyse.
Directors
According to the 2025 annual accounts
Axelle Vyncke
Director
since 2024
Ennio Vandevoorde
Director
since 2019
Bart Buyse
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Steenweg Deinze 50
9810 Nazareth-De Pinte
Nieuwstraat 27
8870 Izegem
Active since 25 October 2018
Rameplein 7
8700 Tielt
Active since 6 June 2019
Hoedemakersstraat 5-7
8820 Torhout
Active since 7 December 2019
Noordstraat 7
8800 Roeselare
Active since 31 October 2020
Korte Steenstraat(Kor) 15
8500 Kortrijk
Active since 4 January 2021
Jozef Plateaustraat 2
9000 Gent
Active since 1 December 2020
Lippenslaan 381
8300 Knokke-Heist
Active since 16 April 2021
Adolf Buylstraat 22
8400 Oostende
Active since 17 May 2021
Meir 8
2000 Antwerpen
Active since 20 November 2021
Langemunt 2
9000 Gent
Active since 18 December 2021
Vismijnstraat 95
8380 Brugge
Active since 1 October 2022
Bruul 26-28
2800 Mechelen
Active since 1 December 2022
Brusselsestraat 5
3000 Leuven
Active since 1 December 2022
Neermarkt 5
8900 Ieper
Active since 17 October 2023
Auguste Ortsstraat 9
1000 Brussel
Active since 17 October 2023
Dok-Noord 7
9000 Gent
Active since 17 October 2023
Steenstraat 82B
8000 Brugge
Active since 6 October 2023
Koestraat 5
9000 Gent
Active since 22 January 2024
Diestsestraat 74
3000 Leuven
Active since 15 May 2024
Koning Albertstraat 35
3500 Hasselt
Active since 15 May 2024
Zetellaan(E) 100
3630 Maasmechelen
Active since 1 July 2024
Kapelstraat 100
9100 Sint-Niklaas
Active since 1 December 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0696.751.493
- VAT number
- BE 0696.751.493
- Registered office
- Steenweg Deinze 50, 9810 Nazareth-De Pinte
- Names & denominations
- IZY COFFEE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 May 2018
- Peppol
- Active · Active since 27 Jul 2026
- Activities · NACE
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