INTEGRAL SYSTEMS: 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.
INTEGRAL SYSTEMS
Largest movements
- Tangible fixed assets +€48,859
up €48,859 (+554%), from €8,815 to €57,675
of which Furniture and vehicles: +€47,116
- Cash +€26,438
up €26,438 (+38.4%), from €68,877 to €95,315
mainly Net result for the year (+€45,463) and Debts after one year (+€28,619)
- Receivables within one year +€2,117
up €2,117 (+23.0%), from €9,208 to €11,325
- Debts after one year +€28,619
new in 2025: €28,619
- Other debts +€25,859
up €25,859 (+519%), from €4,982 to €30,841
- Reserves +€19,393
up €19,393 (+38.7%), from €50,067 to €69,460
of which Distributable reserves: +€19,393
- Tax, wage and social debts +€3,794
up €3,794 (+88.8%), from €4,274 to €8,068
- Accrued charges and deferred income -€3,198
down €3,198 (-100%), from €3,198 to €0
- Gross operating margin +€25,321
up €25,321 (+54.7%), from €46,313 to €71,635
- Taxes +€6,408
up €6,408 (+60.6%), from €10,571 to €16,980
- Depreciation -€3,305
down €3,305 (-31.7%), from €10,428 to €7,123
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.
Derived cash bridge
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 | €87,780 | €165,646 | +€77,866 | +88.7% |
| Fixed assets | 21/28 | €9,015 | €57,875 | +€48,859 | +542% |
| Tangible fixed assets | 22/27 | €8,815 | €57,675 | +€48,859 | +554% |
| Plant, machinery and equipment | 23 | - | €1,743 | +€1,743 | |
| Furniture and vehicles | 24 | €8,815 | €55,931 | +€47,116 | +534% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €78,764 | €107,771 | +€29,007 | +36.8% |
| Amounts receivable within one year | 40/41 | €9,208 | €11,325 | +€2,117 | +23.0% |
| Trade receivables | 40 | €9,208 | €11,325 | +€2,117 | +23.0% |
| Cash at bank and in hand | 54/58 | €68,877 | €95,315 | +€26,438 | +38.4% |
| Deferred charges and accrued income | 490/1 | €679 | €1,131 | +€451 | +66.4% |
| Total equity and liabilities | 10/49 | €87,780 | €165,646 | +€77,866 | +88.7% |
| Equity | 10/15 | €69,467 | €88,923 | +€19,456 | +28.0% |
| Contributions | 10/11 | €110,000 | €110,000 | = | 0.0% |
| Reserves | 13 | €50,067 | €69,460 | +€19,393 | +38.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €48,207 | €67,600 | +€19,393 | +40.2% |
| Profit (loss) carried forward | 14 | -€90,600 | -€90,537 | +€63 | +0.1% |
| Amounts payable | 17/49 | €18,312 | €76,722 | +€58,410 | +319% |
| Amounts payable after more than one year | 17 | - | €28,619 | +€28,619 | |
| Financial debts | 170/4 | - | €28,619 | +€28,619 | |
| Amounts payable within one year | 42/48 | €15,114 | €48,103 | +€32,990 | +218% |
| Current portion of amounts payable after more than one year | 42 | €4,456 | €7,644 | +€3,188 | +71.5% |
| Trade debts | 44 | €1,401 | €1,551 | +€150 | +10.7% |
| Suppliers | 440/4 | €1,401 | €1,551 | +€150 | +10.7% |
| Taxes, remuneration and social security | 45 | €4,274 | €8,068 | +€3,794 | +88.8% |
| Taxes | 450/3 | €4,274 | €8,068 | +€3,794 | +88.8% |
| Other amounts payable | 47/48 | €4,982 | €30,841 | +€25,859 | +519% |
| Accrued charges and deferred income | 492/3 | €3,198 | €0 | -€3,198 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,428 | €7,123 | -€3,305 | -31.7% |
| Other operating charges | 640/8 | €1,004 | €1,101 | +€97 | +9.7% |
| Gross operating margin | 9900 | €46,313 | €71,635 | +€25,321 | +54.7% |
| Operating profit (loss) | 9901 | €34,882 | €63,411 | +€28,529 | +81.8% |
| Financial income | 75/76B | €0 | €3 | +€3 | +5,080% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +5,080% |
| Financial charges | 65/66B | €343 | €971 | +€628 | +183% |
| Recurring financial charges | 65 | €343 | €971 | +€628 | +183% |
| Profit (loss) for the period before taxes | 9903 | €34,539 | €62,443 | +€27,903 | +80.8% |
| Income taxes | 67/77 | €10,571 | €16,980 | +€6,408 | +60.6% |
| Profit (loss) for the period | 9904 | €23,968 | €45,463 | +€21,495 | +89.7% |
| Profit (loss) for the period to be appropriated | 9905 | €23,968 | €45,463 | +€21,495 | +89.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.