Integrabel: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Integrabel
Largest movements
- Receivables within one year +€93,461
up €93,461 (+13223.3%), from €707 to €94,168
of which Trade receivables: +€94,160
- Cash +€50,900
up €50,900 (+16714.2%), from €305 to €51,204
mainly Other debts (+€63,907) and Net result for the year (+€41,631)
- Tangible fixed assets +€25,561
new in 2025: €25,561
- Other debts +€63,907
new in 2025: €63,907
- Trade debts +€41,246
up €41,246 (+18113.6%), from €228 to €41,474
- Reserves +€37,414
new in 2025: €37,414
- Tax, wage and social debts +€24,470
new in 2025: €24,470
- Profit (loss) carried forward +€4,216
up €4,216, from -€4,216 to €0
- Gross operating margin +€133,154
up €133,154, from -€4,169 to €128,985
- Financial charges +€57,096
up €57,096 (+119323.4%), from €48 to €57,144
of which Non-recurring financial charges: +€57,000
- Taxes +€14,628
new in 2025: €14,628
- Depreciation +€2,439
new in 2025: €2,439
- Other operating charges +€1,643
new in 2025: €1,643
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,011 | €172,266 | +€171,254 | +16933.8% |
| Fixed assets | 21/28 | - | €25,561 | +€25,561 | |
| Tangible fixed assets | 22/27 | - | €25,561 | +€25,561 | |
| Furniture and vehicles | 24 | - | €25,561 | +€25,561 | |
| Current assets | 29/58 | €1,011 | €146,705 | +€145,694 | +14406.3% |
| Amounts receivable within one year | 40/41 | €707 | €94,168 | +€93,461 | +13223.3% |
| Trade receivables | 40 | - | €94,160 | +€94,160 | |
| Other amounts receivable | 41 | €707 | €8 | -€699 | -98.9% |
| Cash at bank and in hand | 54/58 | €305 | €51,204 | +€50,900 | +16714.2% |
| Deferred charges and accrued income | 490/1 | - | €1,333 | +€1,333 | |
| Total equity and liabilities | 10/49 | €1,011 | €172,266 | +€171,254 | +16933.8% |
| Equity | 10/15 | €784 | €42,414 | +€41,631 | +5312.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €37,414 | +€37,414 | |
| Distributable reserves | 133 | - | €37,414 | +€37,414 | |
| Profit (loss) carried forward | 14 | -€4,216 | €0 | +€4,216 | |
| Amounts payable | 17/49 | €228 | €129,851 | +€129,624 | +56924.9% |
| Amounts payable within one year | 42/48 | €228 | €129,851 | +€129,624 | +56924.9% |
| Trade debts | 44 | €228 | €41,474 | +€41,246 | +18113.6% |
| Suppliers | 440/4 | €228 | €41,474 | +€41,246 | +18113.6% |
| Taxes, remuneration and social security | 45 | - | €24,470 | +€24,470 | |
| Taxes | 450/3 | - | €24,470 | +€24,470 | |
| Other amounts payable | 47/48 | - | €63,907 | +€63,907 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,439 | +€2,439 | |
| Other operating charges | 640/8 | - | €1,643 | +€1,643 | |
| Non-recurring operating charges | 66A | - | €11,500 | +€11,500 | |
| Gross operating margin | 9900 | -€4,169 | €128,985 | +€133,154 | |
| Operating profit (loss) | 9901 | -€4,169 | €113,403 | +€117,571 | |
| Financial charges | 65/66B | €48 | €57,144 | +€57,096 | +119323.4% |
| Recurring financial charges | 65 | €48 | €144 | +€96 | +201.1% |
| Non-recurring financial charges | 66B | - | €57,000 | +€57,000 | |
| Profit (loss) for the period before taxes | 9903 | -€4,216 | €56,258 | +€60,475 | |
| Income taxes | 67/77 | - | €14,628 | +€14,628 | |
| Profit (loss) for the period | 9904 | -€4,216 | €41,631 | +€45,847 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,216 | €41,631 | +€45,847 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.