Financials
Financial year 2025
IZAR from Ottignies-Louvain-la-Neuve, company number BE1010531746, closed financial year 2025 with a result of € 522,761 after tax. For that financial year IZAR recorded a gross margin of € 719,339 and equity of € 741,438. Compared with financial year 2024, the result moved from € 219,410 to € 522,761. 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 August 24, 2026.
€ 741,438
▲ 238% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 522,761
▲ 138% vs 2024
Profit after tax over the fiscal year.
€ 811,190
▲ 145% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 833 paid out
0 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 39,797
▼ 14% 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.
€ 86,915
▲ 132% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 88,781
▼ 12% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 300,340 | € 719,339 | ▲ 140% |
| Profit after taxes | € 219,410 | € 522,761 | ▲ 138% |
| Equity | € 219,510 | € 741,438 | ▲ 238% |
| Total debts | € 216,148 | € 176,279 | ▼ 18% |
| Cash | € 330,955 | € 811,190 | ▲ 145% |
| Retained profit | € 219,410 | € 741,338 | ▲ 238% |
| Dividend | € 0 | € 833 | |
| Balance sheet total | € 435,658 | € 917,717 | ▲ 111% |
Key figures of IZAR, fiscal years 2024 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 IZAR?
What happened at IZAR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 522,761 (▲ 138% vs 2024). filed late Source: NBB ↗
- New establishment in Ottignies-Louvain-la-Neuve. KBO
- Paul Tummers became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 219,410 profit in 2024 to € 522,761 profit in 2025.
Paid € 259,700 in corporate taxes since 2024.
Best year ever: 2025, with € 522,761 profit.
Paid out € 833 in dividends to the owners in total.
Management
Behind IZAR is Paul Tummers . Paul Tummers is also behind FLUVES, Marlinks, VR@SEA, Eoly Energy and Hyoffwind Infrastructure.
Directors
According to the 2025 annual accounts
Paul Tummers
Director
Also active at: FLUVES, Marlinks, VR@SEA, Eoly Energy, Hyoffwind Infrastructure, Virya Corporate Services I, Virya H2, EUROWATT GREEN ENERGY GROUP +5 more
since 2024
Establishments
Establishment units
Physical locations of this company
Rue du Morimont 47
1341 Ottignies-Louvain-la-Neuve
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1010.531.746
- VAT number
- BE 1010.531.746
- Registered office
- Rue du Morimont 47, 1341 Ottignies-Louvain-la-Neuve
- Names & denominations
- IZAR
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 June 2024
- Peppol
- Active · Active since 24 Jun 2025
- Activities · NACE
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