IZZO is a hospitality business in Avelgem. Private Limited, started on 7 November 2019, 1 establishment.

What is the address of IZZO?

The registered office of IZZO is located at Doorniksesteenweg 104 box A, 8580 Avelgem.

Is IZZO still active?

Yes. According to the CBE (29 October 2026) IZZO is active, legal situation “Normale toestand”, started on 7 November 2019.

Is IZZO registered on Peppol?

Yes, IZZO is registered on the Peppol network with ID 0208:0737525147.

What is the enterprise number of IZZO?

The enterprise number of IZZO is BE0737525147.

When was IZZO founded?

IZZO was founded on 7 November 2019.

Who are the directors of IZZO?

According to the 2025 annual accounts, the directors of IZZO are: Izethan Turkmen.

Is IZZO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 7 November 2019; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did IZZO make in 2025?

IZZO posted a profit after taxes of € 4,435 in financial year 2025.

What is the revenue of IZZO?

As a small company, IZZO is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 10,239.

IZZO (Private Limited) - Avelgem - BE0737525147

Dossier IZZO, printed on 29 October 2026 from databakkes.be/en/0737525147/izzo. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

IZZO from Avelgem, company number BE0737525147, closed financial year 2025 with a result of € 4,435 after tax. For that financial year IZZO recorded a gross margin of € 10,239 and equity of € 30,000. Compared with financial year 2024, the result moved from € 22,546 to € 4,435. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2026.

What it is worth Growing

€ 30,000

▲ 17% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 4,435

▼ 80% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 7,213

▼ 60% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 23,000.

People and assets in 2025

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 4,580

▲ € 3,988 vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 4,284

▲ € 3,779 vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 5,129

▲ 38% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 11,394 Gross margin 2022: € 11,394 First fiscal year in the series	€ 26,323 Gross margin 2023: € 26,323 ▲ 131% vs 2022 (€ 11,394) Favourable step	€ 38,051 Gross margin 2024: € 38,051 ▲ 45% vs 2023 (€ 26,323) Favourable step	€ 10,239 Gross margin 2025: € 10,239 ▼ 73% vs 2024 (€ 38,051) Unfavourable step	▼ 73%
Profit after taxes	€ -16,037 Profit after taxes 2022: € -16,037 First fiscal year in the series	€ 4,591 Profit after taxes 2023: € 4,591 ▲ € 20,627 vs 2022 (€ -16,037) Favourable step	€ 22,546 Profit after taxes 2024: € 22,546 ▲ € 17,955 vs 2023 (€ 4,591) Favourable step	€ 4,435 Profit after taxes 2025: € 4,435 ▼ 80% vs 2024 (€ 22,546) Unfavourable step	▼ 80%
Equity	€ -1,571 Equity 2022: € -1,571 First fiscal year in the series	€ 3,019 Equity 2023: € 3,019 ▲ € 4,591 vs 2022 (€ -1,571) Favourable step	€ 25,565 Equity 2024: € 25,565 ▲ € 22,546 vs 2023 (€ 3,019) Favourable step	€ 30,000 Equity 2025: € 30,000 ▲ 17% vs 2024 (€ 25,565) Favourable step	▲ 17%
Total debts	€ 10,925 Total debts 2022: € 10,925 First fiscal year in the series	€ 4,555 Total debts 2023: € 4,555 ▼ 58% vs 2022 (€ 10,925) Favourable step	€ 4,223 Total debts 2024: € 4,223 ▼ 7% vs 2023 (€ 4,555) Favourable step	€ 9,413 Total debts 2025: € 9,413 ▲ 123% vs 2024 (€ 4,223) Unfavourable step	▲ 123%
Cash	€ 3,256 Cash 2022: € 3,256 First fiscal year in the series	€ 1,696 Cash 2023: € 1,696 ▼ 48% vs 2022 (€ 3,256) Unfavourable step	€ 18,175 Cash 2024: € 18,175 ▲ € 16,480 vs 2023 (€ 1,696) Favourable step	€ 7,213 Cash 2025: € 7,213 ▼ 60% vs 2024 (€ 18,175) Unfavourable step	▼ 60%
Retained profit	€ -8,571 Retained profit 2022: € -8,571 First fiscal year in the series	€ -3,981 Retained profit 2023: € -3,981 ▲ € 4,591 vs 2022 (€ -8,571) Favourable step	€ 18,565 Retained profit 2024: € 18,565 ▲ € 22,546 vs 2023 (€ -3,981) Favourable step	€ 23,000 Retained profit 2025: € 23,000 ▲ 24% vs 2024 (€ 18,565) Favourable step	▲ 24%
Balance sheet total	€ 9,354 Balance sheet total 2022: € 9,354 First fiscal year in the series	€ 7,574 Balance sheet total 2023: € 7,574 ▼ 19% vs 2022 (€ 9,354) Unchanged	€ 29,788 Balance sheet total 2024: € 29,788 ▲ 293% vs 2023 (€ 7,574) Unchanged	€ 39,414 Balance sheet total 2025: € 39,414 ▲ 32% vs 2024 (€ 29,788) Unchanged	▲ 32%

Key figures of IZZO, 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 IZZO?

What happened at IZZO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Aug 26, 2026 New annual accounts for financial year 2025: profit of € 4,435 (▼ 80% vs 2024). filed late Source: NBB ↗
Nov 7, 2019 New establishment in Avelgem. KBO
2019 Izethan Turkmen became a director. NBB
Nov 7, 2019 Start of the company according to the CBE. KBO

In short

From € 16,037 loss in 2022 to € 4,435 profit in 2025.

Paid € 3,487 in corporate taxes since 2022.

Best year ever: 2024, with € 22,546 profit.

Original PDFs at the National Bank ↗

Management

Izethan Turkmen

IZZO

Behind IZZO is Izethan Turkmen.

Directors

According to the 2025 annual accounts

Izethan Turkmen

Director

since 2019

Establishments

Establishment units

Physical locations of this company

Registered office

Doorniksesteenweg 104 box A

8580 Avelgem

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0737.525.147

VAT number

BE 0737.525.147

Registered office

Doorniksesteenweg 104 bus A, 8580 Avelgem

Names & denominations

IZZO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

7 November 2019

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden

Eetgelegenheden met beperkte bediening

View on CBE Public ↗ Annual accounts (NBB) ↗

IZZO

Financials

What happened to IZZO?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions