Integrated Project Support: 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.
Integrated Project Support
Largest movements
- Receivables within one year +€334,778
up €334,778 (+156%), from €215,064 to €549,842
- Cash +€104,778
up €104,778 (+218%), from €48,162 to €152,939
mainly Trade debts (+€278,965) and Current portion of long-term debt (+€100,000)
- Trade debts +€278,965
up €278,965 (+146%), from €191,581 to €470,546
- Current portion of long-term debt +€100,000
new in 2025: €100,000
- Profit (loss) carried forward +€56,183
up €56,183 (+262%), from €21,456 to €77,639
- Tax, wage and social debts +€42,045
up €42,045 (+548%), from €7,666 to €49,711
- Accrued charges and deferred income -€35,517
down €35,517 (-98.9%), from €35,917 to €400
- Gross operating margin +€69,387
up €69,387 (+445%), from €15,598 to €84,984
- Taxes +€18,216
up €18,216 (+633%), from €2,877 to €21,093
- Financial charges +€1,280
up €1,280 (+48.9%), from €2,616 to €3,896
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 | €266,819 | €708,977 | +€442,158 | +166% |
| Formation expenses | 20 | €306 | - | -€306 | |
| Fixed assets | 21/28 | €2,982 | €4,458 | +€1,476 | +49.5% |
| Tangible fixed assets | 22/27 | €2,982 | €4,458 | +€1,476 | +49.5% |
| Furniture and vehicles | 24 | €2,982 | €4,458 | +€1,476 | +49.5% |
| Current assets | 29/58 | €263,531 | €704,519 | +€440,987 | +167% |
| Amounts receivable within one year | 40/41 | €215,064 | €549,842 | +€334,778 | +156% |
| Trade receivables | 40 | €215,064 | €549,842 | +€334,778 | +156% |
| Cash at bank and in hand | 54/58 | €48,162 | €152,939 | +€104,778 | +218% |
| Deferred charges and accrued income | 490/1 | €306 | €1,738 | +€1,431 | +467% |
| Total equity and liabilities | 10/49 | €266,819 | €708,977 | +€442,158 | +166% |
| Equity | 10/15 | €31,656 | €87,839 | +€56,183 | +177% |
| Contributions | 10/11 | €10,200 | €10,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,456 | €77,639 | +€56,183 | +262% |
| Amounts payable | 17/49 | €235,163 | €621,138 | +€385,975 | +164% |
| Amounts payable within one year | 42/48 | €199,246 | €620,739 | +€421,492 | +212% |
| Current portion of amounts payable after more than one year | 42 | - | €100,000 | +€100,000 | |
| Trade debts | 44 | €191,581 | €470,546 | +€278,965 | +146% |
| Suppliers | 440/4 | €191,581 | €470,546 | +€278,965 | +146% |
| Taxes, remuneration and social security | 45 | €7,666 | €49,711 | +€42,045 | +548% |
| Taxes | 450/3 | €7,666 | €49,711 | +€42,045 | +548% |
| Other amounts payable | 47/48 | - | €482 | +€482 | |
| Accrued charges and deferred income | 492/3 | €35,917 | €400 | -€35,517 | -98.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,863 | €3,396 | +€533 | +18.6% |
| Other operating charges | 640/8 | €118 | €520 | +€402 | +340% |
| Gross operating margin | 9900 | €15,598 | €84,984 | +€69,387 | +445% |
| Operating profit (loss) | 9901 | €12,616 | €81,069 | +€68,452 | +543% |
| Financial income | 75/76B | - | €103 | +€103 | |
| Recurring financial income | 75 | - | €103 | +€103 | |
| Financial charges | 65/66B | €2,616 | €3,896 | +€1,280 | +48.9% |
| Recurring financial charges | 65 | €2,616 | €3,896 | +€1,280 | +48.9% |
| Profit (loss) for the period before taxes | 9903 | €10,001 | €77,276 | +€67,275 | +673% |
| Income taxes | 67/77 | €2,877 | €21,093 | +€18,216 | +633% |
| Profit (loss) for the period | 9904 | €7,124 | €56,183 | +€49,060 | +689% |
| Profit (loss) for the period to be appropriated | 9905 | €7,124 | €56,183 | +€49,060 | +689% |
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 15 October 2026 via checked.be.