Financials
Financial year 2025
IZS from Ternat, company number BE0883454719, closed financial year 2025 with a result of € 38,984 after tax. For that financial year IZS recorded a gross margin of € 55,087 and equity of € 73,193. Compared with financial year 2024, the result moved from € 15,199 to € 38,984. Profitable, and profit is growing. 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 June 8, 2026.
€ 73,193
▲ 114% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 38,984
▲ 156% vs 2024
Profit after tax over the fiscal year.
€ 70,961
▲ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 54,593.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 722
▼ 60% 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.
€ 3,424
▲ € 3,352 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,052
▲ 24% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,594 | € -1,949 | € 25,354 | € 55,087 | ▲ 117% |
| Profit after taxes | € -10,554 | € -8,280 | € 15,199 | € 38,984 | ▲ 156% |
| Equity | € 27,289 | € 19,009 | € 34,209 | € 73,193 | ▲ 114% |
| Total debts | € 8,729 | € 6,527 | € 10,067 | € 15,601 | ▲ 55% |
| Cash | € 16,235 | € 13,233 | € 39,394 | € 70,961 | ▲ 80% |
| Retained profit | € 8,689 | € 409 | € 15,609 | € 54,593 | ▲ 250% |
| Balance sheet total | € 36,018 | € 25,537 | € 44,275 | € 88,793 | ▲ 101% |
Key figures of IZS, 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 IZS?
What happened at IZS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 38,984 (▲ 156% vs 2024). Source: NBB ↗
- New establishment in Ternat. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,554 loss in 2022 to € 38,984 profit in 2025.
Paid € 18,773 in corporate taxes since 2022.
Best year ever: 2025, with € 38,984 profit.
Management
Behind IZS is Salvatore ZAGARELLA. Salvatore ZAGARELLA is also behind NOIDUE ZAVENTEM.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Doornveldweg 1/a
1740 Ternat
Doornveldweg 1A
1740 Ternat
Active since 15 October 2006
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0883.454.719
- VAT number
- BE 0883.454.719
- Registered office
- Doornveldweg 1/a, 1740 Ternat
- Names & denominations
- IZS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 September 2006
- Peppol
- Active · Active since 26 Nov 2025
- Activities · NACE
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