INTEGRATED ACCOUNTANCY: what changed
What changed
INTEGRATED ACCOUNTANCY
NACE 69.201, Certified accountants and tax accountants
filed annual accounts (NBB)
Net result for the year
€20,000
2024 · €6,000+€14,000
Equity
€363,000
2024 · €343,000+€20,000
Cash
€10,398
2024 · €25,489-€15,091
Balance sheet total
€1.6m
2024 · €1.6m+€49,747
Largest movements
Assets
- Tangible fixed assets +€160,879
up €160,879 (+127%), from €126,291 to €287,170
- Receivables within one year -€73,658
down €73,658 (-22.4%), from €329,027 to €255,369
of which Trade receivables: -€73,072
- Intangible fixed assets -€19,000
down €19,000 (-18.5%), from €102,433 to €83,433
Equity and liabilities
- Other debts -€53,671
down €53,671 (-27.4%), from €195,781 to €142,110
- Debts after one year +€50,402
up €50,402 (+8.8%), from €573,325 to €623,727
- Trade debts -€37,521
down €37,521 (-39.1%), from €95,996 to €58,475
- Short-term financial debts +€34,171
up €34,171 (+16.5%), from €207,516 to €241,687
- Current portion of long-term debt +€23,732
up €23,732 (+43.6%), from €54,487 to €78,220
Income statement
- Gross operating margin +€91,737
up €91,737 (+15.2%), from €601,891 to €693,628
- Staff costs +€53,292
up €53,292 (+10.1%), from €526,661 to €579,953
- Financial income -€13,924
down €13,924 (-45.8%), from €30,395 to €16,470
- Depreciation +€9,811
up €9,811 (+16.6%), from €59,181 to €68,992
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€6,000
Gross operating margin
+€91,737
Staff costs
-€53,292
Depreciation
-€9,811
Write-downs
+€1,215
Other operating charges
-€21
Financial income
-€13,924
Financial charges
-€2,149
Taxes
+€247
Result 2025
€20,000
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€87,057
Investment
-€210,453
Financing
+€108,306
Cash 2024
€25,489
From operations (derived)
+€87,057
Net result for the year
+€20,000
Depreciation
+€68,992
Receivables after one year
+€1,733
Receivables within one year
+€73,658
Deferred charges and accrued income
+€1,232
Trade debts
-€37,521
Tax, wage and social debts
+€12,634
Other debts
-€53,671
Investment (derived)
-€210,453
Investment in fixed assets (net)
-€210,453
Financing
+€108,306
Debts after one year
+€50,402
Current portion of long-term debt
+€23,732
Short-term financial debts
+€34,171
Cash 2025
€10,398
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,562,731 | €1,612,478 | +€49,747 | +3.2% |
| Formation expenses | 20 | €624 | €207 | -€418 | -66.9% |
| Fixed assets | 21/28 | €1,152,674 | €1,294,553 | +€141,879 | +12.3% |
| Intangible fixed assets | 21 | €102,433 | €83,433 | -€19,000 | -18.5% |
| Tangible fixed assets | 22/27 | €126,291 | €287,170 | +€160,879 | +127% |
| Furniture and vehicles | 24 | €126,291 | €287,170 | +€160,879 | +127% |
| Financial fixed assets | 28 | €923,949 | €923,949 | = | 0.0% |
| Current assets | 29/58 | €409,432 | €317,719 | -€91,714 | -22.4% |
| Amounts receivable after more than one year | 29 | €31,085 | €29,352 | -€1,733 | -5.6% |
| Other amounts receivable | 291 | €31,085 | €29,352 | -€1,733 | -5.6% |
| Amounts receivable within one year | 40/41 | €329,027 | €255,369 | -€73,658 | -22.4% |
| Trade receivables | 40 | €326,708 | €253,637 | -€73,072 | -22.4% |
| Other amounts receivable | 41 | €2,319 | €1,733 | -€586 | -25.3% |
| Cash at bank and in hand | 54/58 | €25,489 | €10,398 | -€15,091 | -59.2% |
| Deferred charges and accrued income | 490/1 | €23,832 | €22,600 | -€1,232 | -5.2% |
| Total equity and liabilities | 10/49 | €1,562,731 | €1,612,478 | +€49,747 | +3.2% |
| Equity | 10/15 | €343,000 | €363,000 | +€20,000 | +5.8% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €313,000 | €333,000 | +€20,000 | +6.4% |
| Distributable reserves | 133 | €313,000 | €333,000 | +€20,000 | +6.4% |
| Amounts payable | 17/49 | €1,219,731 | €1,249,478 | +€29,747 | +2.4% |
| Amounts payable after more than one year | 17 | €573,325 | €623,727 | +€50,402 | +8.8% |
| Financial debts | 170/4 | €573,325 | €623,727 | +€50,402 | +8.8% |
| Amounts payable within one year | 42/48 | €646,406 | €625,751 | -€20,655 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €54,487 | €78,220 | +€23,732 | +43.6% |
| Financial debts | 43 | €207,516 | €241,687 | +€34,171 | +16.5% |
| Other loans | 439 | €207,516 | €241,687 | +€34,171 | +16.5% |
| Trade debts | 44 | €95,996 | €58,475 | -€37,521 | -39.1% |
| Suppliers | 440/4 | €95,996 | €58,475 | -€37,521 | -39.1% |
| Taxes, remuneration and social security | 45 | €92,626 | €105,260 | +€12,634 | +13.6% |
| Taxes | 450/3 | €35,956 | €39,203 | +€3,246 | +9.0% |
| Remuneration and social security | 454/9 | €56,669 | €66,057 | +€9,388 | +16.6% |
| Other amounts payable | 47/48 | €195,781 | €142,110 | -€53,671 | -27.4% |
| Remuneration, social security and pensions | 62 | €526,661 | €579,953 | +€53,292 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,181 | €68,992 | +€9,811 | +16.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,622 | €2,407 | -€1,215 | -33.5% |
| Other operating charges | 640/8 | €1,069 | €1,090 | +€21 | +2.0% |
| Gross operating margin | 9900 | €601,891 | €693,628 | +€91,737 | +15.2% |
| Operating profit (loss) | 9901 | €11,358 | €41,185 | +€29,827 | +263% |
| Financial income | 75/76B | €30,395 | €16,470 | -€13,924 | -45.8% |
| Recurring financial income | 75 | €30,395 | €16,470 | -€13,924 | -45.8% |
| Financial charges | 65/66B | €32,572 | €34,721 | +€2,149 | +6.6% |
| Recurring financial charges | 65 | €32,572 | €34,721 | +€2,149 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | €9,182 | €22,935 | +€13,753 | +150% |
| Income taxes | 67/77 | €3,182 | €2,935 | -€247 | -7.8% |
| Profit (loss) for the period | 9904 | €6,000 | €20,000 | +€14,000 | +233% |
| Profit (loss) for the period to be appropriated | 9905 | €6,000 | €20,000 | +€14,000 | +233% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.