IntegrIT: 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.
IntegrIT
Largest movements
- Intangible fixed assets +€404,943
up €404,943 (+16.1%), from €2.5m to €2.9m
- Receivables within one year +€146,342
up €146,342 (+34.2%), from €427,810 to €574,152
of which Trade receivables: +€154,025
- Cash -€52,956
down €52,956 (-27.6%), from €191,883 to €138,927
mainly Investment in fixed assets (net) (-€1.3m) and Receivables within one year (-€146,342)
- Profit (loss) carried forward +€330,081
up €330,081 (+21.9%), from €1.5m to €1.8m
- Accrued charges and deferred income +€203,108
up €203,108 (+23.4%), from €869,356 to €1.1m
- Current portion of long-term debt -€55,777
down €55,777 (-27.0%), from €206,306 to €150,530
- Gross operating margin +€392,645
up €392,645 (+41.7%), from €942,598 to €1.3m
- Depreciation +€210,598
up €210,598 (+28.9%), from €729,298 to €939,896
- Financial charges +€31,161
up €31,161 (+164.7%), from €18,921 to €50,083
- Taxes +€13,918
up €13,918 (+67.8%), from €20,522 to €34,439
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 | €3,147,821 | €3,645,071 | +€497,250 | +15.8% |
| Fixed assets | 21/28 | €2,526,315 | €2,923,033 | +€396,718 | +15.7% |
| Intangible fixed assets | 21 | €2,516,251 | €2,921,194 | +€404,943 | +16.1% |
| Tangible fixed assets | 22/27 | €10,065 | €1,840 | -€8,225 | -81.7% |
| Furniture and vehicles | 24 | €10,065 | €1,840 | -€8,225 | -81.7% |
| Current assets | 29/58 | €621,506 | €722,037 | +€100,531 | +16.2% |
| Amounts receivable within one year | 40/41 | €427,810 | €574,152 | +€146,342 | +34.2% |
| Trade receivables | 40 | €389,455 | €543,479 | +€154,025 | +39.5% |
| Other amounts receivable | 41 | €38,355 | €30,673 | -€7,683 | -20.0% |
| Cash at bank and in hand | 54/58 | €191,883 | €138,927 | -€52,956 | -27.6% |
| Deferred charges and accrued income | 490/1 | €1,813 | €8,959 | +€7,146 | +394.2% |
| Total equity and liabilities | 10/49 | €3,147,821 | €3,645,071 | +€497,250 | +15.8% |
| Equity | 10/15 | €1,983,228 | €2,313,309 | +€330,081 | +16.6% |
| Contributions | 10/11 | €417,500 | €417,500 | = | 0.0% |
| Capital | 10 | €417,500 | €417,500 | = | 0.0% |
| Issued capital | 100 | €417,500 | €417,500 | = | 0.0% |
| Reserves | 13 | €60,039 | €60,039 | = | 0.0% |
| Non-distributable reserves | 130/1 | €41,750 | €41,750 | = | 0.0% |
| Legal reserve | 130 | €41,750 | €41,750 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,289 | €18,289 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,505,688 | €1,835,769 | +€330,081 | +21.9% |
| Amounts payable | 17/49 | €1,164,593 | €1,331,762 | +€167,169 | +14.4% |
| Amounts payable after more than one year | 17 | €530 | €0 | -€530 | -100.0% |
| Financial debts | 170/4 | €530 | €0 | -€530 | -100.0% |
| Amounts payable within one year | 42/48 | €294,707 | €259,298 | -€35,409 | -12.0% |
| Current portion of amounts payable after more than one year | 42 | €206,306 | €150,530 | -€55,777 | -27.0% |
| Trade debts | 44 | €76,410 | €86,893 | +€10,483 | +13.7% |
| Suppliers | 440/4 | €76,410 | €86,893 | +€10,483 | +13.7% |
| Taxes, remuneration and social security | 45 | €10,712 | €0 | -€10,712 | -100.0% |
| Taxes | 450/3 | €10,712 | €0 | -€10,712 | -100.0% |
| Other amounts payable | 47/48 | €1,279 | €21,876 | +€20,597 | +1610.5% |
| Accrued charges and deferred income | 492/3 | €869,356 | €1,072,464 | +€203,108 | +23.4% |
| Non-recurring operating income | 76A | €12 | €0 | -€12 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €729,298 | €939,896 | +€210,598 | +28.9% |
| Other operating charges | 640/8 | €2,298 | €1,297 | -€1,001 | -43.6% |
| Non-recurring operating charges | 66A | €467 | €0 | -€467 | -100.0% |
| Gross operating margin | 9900 | €942,598 | €1,335,243 | +€392,645 | +41.7% |
| Operating profit (loss) | 9901 | €210,535 | €394,050 | +€183,515 | +87.2% |
| Financial income | 75/76B | €25,860 | €20,553 | -€5,307 | -20.5% |
| Recurring financial income | 75 | €25,860 | €20,553 | -€5,307 | -20.5% |
| Financial charges | 65/66B | €18,921 | €50,083 | +€31,161 | +164.7% |
| Recurring financial charges | 65 | €18,921 | €50,083 | +€31,161 | +164.7% |
| Profit (loss) for the period before taxes | 9903 | €217,473 | €364,520 | +€147,047 | +67.6% |
| Income taxes | 67/77 | €20,522 | €34,439 | +€13,918 | +67.8% |
| Profit (loss) for the period | 9904 | €196,952 | €330,081 | +€133,129 | +67.6% |
| Profit (loss) for the period to be appropriated | 9905 | €196,952 | €330,081 | +€133,129 | +67.6% |
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 10 October 2026 via checked.be.