INTEGRAL SERVICES
ActiveFinancials · financial year 2025, micro format
2025 annual accounts filed 13 days after the deadline Filed on 13 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00396620.
Annual accounts 2025 filed on 13-08-2026 at the NBB all 41 filings
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€1,603▲ 23.1%
2024 · -€2,083
Working capital
€199,582▼ 4.8%
2022 · €209,629
In the rankings
#2 oldest company in Mettet, Real estate sector
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€2,231
▲ 20.0%
2025
20182025
Net result
-€1,603
▲ 23.1%
2025
middle half of the sector
20182025
Equity
-€43,837
▼ 3.8%
2025
lowest quarter of the sector
20182025
Total assets
€124,289
▼ 27.7%
2025
lowest quarter of the sector
20182025
Debt
€168,126
▼ 21.5%
2025
20182025
Working capital
no figure
2025
20182025
Solvency
-35.3%
▼ 10.7pp
2025
lowest quarter of the sector
20182025
Current ratio
no figure
2025
20182025
Return on assets (ROA)
-1.3%
▼ 0.1pp
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€30,612--€98,743▼ 223%€2,150-€14,241-€24,490▼ 72.0%-€17,023▲ 30.5%-€2,787▲ 83.6%-€2,231▲ 20.0%
Net result-€30,845--€99,097▼ 221%€1,740within the sector's middle half-€14,315below the sector's middle half-€24,704below the sector's middle half▼ 72.6%-€16,971below the sector's middle half▲ 31.3%-€2,083within the sector's middle half▲ 87.7%-€1,603within the sector's middle half▲ 23.1%
Equity€113,196-€14,099▼ 87.5%€15,840within the sector's middle half▲ 12.3%€1,524below the sector's middle half▼ 90.4%-€23,180below the sector's middle half-€40,151below the sector's middle half▼ 73.2%-€42,234below the sector's middle half▼ 5.2%-€43,837below the sector's middle half▼ 3.8%
Total assets€429,964-€324,311▼ 24.6%€297,356within the sector's middle half▼ 8.3%€267,677within the sector's middle half▼ 10.0%€237,218within the sector's middle half▼ 11.4%€202,621within the sector's middle half▼ 14.6%€171,962within the sector's middle half▼ 15.1%€124,289below the sector's middle half▼ 27.7%
Debt€316,767-€310,212▼ 2.1%€281,517▼ 9.3%€266,153▼ 5.5%€260,398▼ 2.2%€242,772▼ 6.8%€214,196▼ 11.8%€168,126▼ 21.5%
Working capital€71,210-€288,839▲ 306%€272,284above the sector's middle half▼ 5.7%€234,690above the sector's middle half▼ 13.8%€209,629above the sector's middle half▼ 10.7%€199,582above the sector's middle half▼ 4.8%
Solvency26.3%-4.3%▼ 22.0pp5.3%below the sector's middle half▲ 1.0pp0.6%below the sector's middle half▼ 4.8pp-9.8%below the sector's middle half▼ 10.3pp-19.8%below the sector's middle half▼ 10.0pp-24.6%below the sector's middle half▼ 4.7pp-35.3%below the sector's middle half▼ 10.7pp
Current ratio15.44-58.35▲ 42.9172.50above the sector's middle half▲ 14.1578.99above the sector's middle half
Return on assets (ROA)-7.2%--30.6%▼ 23.4pp0.6%within the sector's middle half▲ 31.1pp-5.3%below the sector's middle half▼ 5.9pp-10.4%below the sector's middle half▼ 5.1pp-8.4%below the sector's middle half▲ 2.0pp-1.2%within the sector's middle half▲ 7.2pp-1.3%within the sector's middle half▼ 0.1pp
above
within
below
The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €2,231, smaller than the loss of €2,787 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €124,289
Fixed assets
€940 ▼ 48.8%
Current assets
€123,348 ▼ 27.5%
Equity and liabilities
Equity-€43,837
Debt€168,126
Equity is negative. Debt (€168,126) exceeds the balance-sheet total (€124,289).
Key figures and ratios
EBITDA
-€1,335▲
2024 · -€1,624
Cash flow
-€707▲
2024 · -€921
Interest coverage
-21.70▲
2024 · -37.34
Debt > 1 year
€168,126▼
2024 · €214,196
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €17,875 | - | - | - | - |
| Depreciation and write-downs of the year | €6,412 | €7,684 | €1,267 | €1,163 | €896 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €24 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,792 | €8,836 | €3,093 | €6,412 | €7,684 | €1,267 | €1,163 | €896 | ▼ 22.9% |
| Other operating charges640/8 | - | - | - | €717 | €836 | €420 | €387 | €400 | ▲ 3.2% |
| Non-recurring operating charges66A | - | - | - | €3,955 | €109 | €4,102 | - | - | - |
| Gross operating margin9900 | -€481 | -€2,298 | €6,275 | -€3,157 | -€15,861 | -€11,235 | -€1,237 | -€935 | ▲ 24.4% |
| Operating profit (loss)9901 | -€30,612 | -€98,743 | €2,150 | -€14,241 | -€24,490 | -€17,023 | -€2,787 | -€2,231 | ▲ 20.0% |
| Financial income75/76B | - | - | - | €4 | - | €257 | €747 | €689 | ▼ 7.7% |
| Recurring financial income75 | €115 | €76 | €23 | €4 | - | €257 | €747 | €689 | ▼ 7.7% |
| Financial charges65/66B | - | - | - | €77 | €214 | €205 | €44 | €62 | ▲ 41.4% |
| Recurring financial charges65 | €263 | €430 | €433 | €77 | €214 | €205 | €44 | €62 | ▲ 41.4% |
| Profit (loss) for the period before taxes9903 | -€30,760 | -€99,097 | €1,740 | -€14,314 | -€24,704 | -€16,971 | -€2,083 | -€1,603 | ▲ 23.1% |
| Income taxes67/77 | €85 | - | - | €1 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€30,845 | -€99,097 | €1,740 | -€14,315 | -€24,704 | -€16,971 | -€2,083 | -€1,603 | ▲ 23.1% |
| Profit (loss) for the period to be appropriated9905 | -€30,845 | -€99,097 | €1,740 | -€14,315 | -€24,704 | -€16,971 | -€2,083 | -€1,603 | ▲ 23.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €429,964 | €324,311 | €297,356 | €267,677 | €237,218 | €202,621 | €171,962 | €124,289 | ▼ 27.7% |
| Fixed assets21/28 | €353,823 | €30,436 | €21,264 | €32,727 | €24,901 | €2,999 | €1,836 | €940 | ▼ 48.8% |
| Tangible fixed assets22/27 | €353,523 | €30,136 | €17,364 | €28,827 | €21,001 | €2,999 | €1,836 | €940 | ▼ 48.8% |
| Furniture and vehicles24 | - | - | - | €25,836 | €18,827 | €2,999 | €1,836 | €940 | ▼ 48.8% |
| Other tangible fixed assets26 | - | - | - | €2,991 | €2,175 | - | - | - | - |
| Financial fixed assets28 | €300 | €300 | €3,900 | €3,900 | €3,900 | - | - | - | - |
| Current assets29/58 | €76,141 | €293,875 | €276,092 | €234,950 | €212,317 | €199,622 | €170,125 | €123,348 | ▼ 27.5% |
| Amounts receivable after more than one year29 | - | - | - | €142,500 | €112,500 | €82,500 | €52,500 | €22,500 | ▼ 57.1% |
| Other amounts receivable291 | - | - | - | €142,500 | €112,500 | €82,500 | €52,500 | €22,500 | ▼ 57.1% |
| Stocks and contracts in progress3 | €1,069 | €1,303 | €1,025 | €343 | - | - | - | - | - |
| Stocks30/36 | - | - | - | €343 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €7,763 | €39,633 | €39,055 | €34,081 | €33,046 | €30,080 | €32,985 | €33,092 | ▲ 0.3% |
| Trade receivables40 | - | - | - | €560 | €3,046 | - | - | - | - |
| Other amounts receivable41 | - | - | - | €33,521 | €30,000 | €30,080 | €32,985 | €33,092 | ▲ 0.3% |
| Current investments50/53 | €63,024 | €49,041 | €62,004 | €55,490 | €65,488 | €85,930 | €83,965 | €66,892 | ▼ 20.3% |
| Cash at bank and in hand54/58 | €2,370 | €538 | €1,274 | €808 | €303 | €1,112 | €675 | €865 | ▲ 28.1% |
| Deferred charges and accrued income490/1 | - | - | - | €1,728 | €980 | - | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €429,964 | €324,311 | €297,356 | €267,677 | €237,218 | €202,621 | €171,962 | €124,289 | ▼ 27.7% |
| Equity10/15 | €113,196 | €14,099 | €15,840 | €1,524 | -€23,180 | -€40,151 | -€42,234 | -€43,837 | ▼ 3.8% |
| Contributions10/11 | €18,600 | €18,600 | - | €20,460 | €20,460 | €20,460 | €20,460 | €20,460 | = |
| Reserves13 | €93,860 | €1,860 | - | - | - | - | - | - | - |
| Profit (loss) carried forward14 | €736 | -€6,361 | -€4,620 | -€18,936 | -€43,640 | -€60,611 | -€62,694 | -€64,297 | ▼ 2.6% |
| Amounts payable17/49 | €316,767 | €310,212 | €281,517 | €266,153 | €260,398 | €242,772 | €214,196 | €168,126 | ▼ 21.5% |
| Amounts payable after more than one year17 | €311,837 | €305,176 | €277,709 | €265,892 | €257,710 | €242,200 | €214,196 | €168,126 | ▼ 21.5% |
| Other amounts payable178/9 | - | - | - | €265,892 | €257,710 | €242,200 | €214,196 | €168,126 | ▼ 21.5% |
| Amounts payable within one year42/48 | €4,931 | €5,036 | €3,808 | €261 | €2,688 | €39 | - | - | - |
| Trade debts44 | - | €27 | €163 | €261 | €330 | €39 | - | - | - |
| Suppliers440/4 | - | - | - | €261 | €330 | €39 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | - | €2,358 | - | - | - | - |
| Taxes450/3 | - | - | - | - | €669 | - | - | - | - |
| Remuneration and social security454/9 | - | - | - | - | €1,689 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | - | - | €532 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€30,845 | -€99,097 | €1,740 | -€14,315 | -€24,704 | -€16,971 | -€2,083 | -€1,603 | ▲ 23.1% |
| + Depreciation and write-downs630 | €20,792 | €8,836 | €3,093 | €6,412 | €7,684 | €1,267 | €1,163 | €896 | ▼ 22.9% |
| Operating cash flow (approximation) | -€10,053 | -€90,261 | €4,833 | -€7,903 | -€17,020 | -€15,704 | -€921 | -€707 | ▲ 23.2% |
| Investment in fixed assets (approximation) | - | €314,551 | €6,078 | -€17,875 | €141 | €20,636 | €0 | €0 | - |
| Change in cash | - | -€1,832 | €736 | -€466 | -€506 | €810 | -€437 | €190 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,796 companies had the same profile as INTEGRAL SERVICES has now. Two years later, 90.4% were still going and 2.1% had gone bankrupt.
- Micro
- 20 years or older
- negative equity
- a small loss
90.4%
was still going
6.0%
stopped otherwise
2.1%
went bankrupt
Another 1.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of INTEGRAL SERVICES itself is lower: 0.3% within 12 months. It rests on far more data about INTEGRAL SERVICES than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,796 companies, not a prediction for INTEGRAL SERVICES. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 41 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 13-08-2026 | 2026-00396620 | |
| 31-12-2024 | micro format | 06-08-2025 | 2025-00362531 | |
| 31-12-2023 | micro format | 17-07-2024 | 2024-00260468 | |
| 31-12-2022 | micro format | 17-07-2023 | 2023-00246501 | |
| 31-12-2021 | micro format | 20-07-2022 | 2022-20210506 | |
| 31-12-2020 | micro format | 28-06-2021 | 2021-25600290 | |
| 31-12-2019 | micro format | 06-07-2020 | 2020-26900052 | |
| 31-12-2018 | full format | 31-07-2019 | 2019-41500129 | |
| 31-12-2017 | full format | 06-07-2018 | 2018-30200569 | |
| 31-12-2016 | full format | 07-07-2017 | 2017-28500539 |