Service Integrators: 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.
Service Integrators
Largest movements
- Receivables within one year -€161,076
down €161,076 (-36.8%), from €437,941 to €276,865
of which Trade receivables: -€166,087
- Cash -€90,606
down €90,606 (-40.2%), from €225,581 to €134,976
mainly Trade debts (-€222,633) and Tax, wage and social debts (-€47,523)
- Trade debts -€222,633
down €222,633 (-73.3%), from €303,853 to €81,220
- Tax, wage and social debts -€47,523
down €47,523 (-54.7%), from €86,858 to €39,335
of which Taxes: -€51,053
- Profit (loss) carried forward +€13,480
up €13,480 (+6.4%), from €211,379 to €224,859
- Staff costs +€29,206
up €29,206 (+9.5%), from €308,624 to €337,830
- Taxes -€8,964
down €8,964 (-54.6%), from €16,415 to €7,451
- Gross operating margin -€4,997
down €4,997 (-1.4%), from €366,091 to €361,093
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 | €707,495 | €451,219 | -€256,276 | -36.2% |
| Fixed assets | 21/28 | €43,973 | €39,378 | -€4,595 | -10.4% |
| Tangible fixed assets | 22/27 | €1,923 | €1,443 | -€480 | -25.0% |
| Furniture and vehicles | 24 | €1,923 | €1,443 | -€480 | -25.0% |
| Financial fixed assets | 28 | €42,050 | €37,935 | -€4,115 | -9.8% |
| Current assets | 29/58 | €663,522 | €411,841 | -€251,681 | -37.9% |
| Amounts receivable within one year | 40/41 | €437,941 | €276,865 | -€161,076 | -36.8% |
| Trade receivables | 40 | €437,941 | €271,854 | -€166,087 | -37.9% |
| Other amounts receivable | 41 | - | €5,011 | +€5,011 | |
| Cash at bank and in hand | 54/58 | €225,581 | €134,976 | -€90,606 | -40.2% |
| Total equity and liabilities | 10/49 | €707,495 | €451,219 | -€256,276 | -36.2% |
| Equity | 10/15 | €316,784 | €330,264 | +€13,480 | +4.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €86,855 | €86,855 | = | 0.0% |
| Distributable reserves | 133 | €86,855 | €86,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €211,379 | €224,859 | +€13,480 | +6.4% |
| Amounts payable | 17/49 | €390,711 | €120,954 | -€269,756 | -69.0% |
| Amounts payable within one year | 42/48 | €390,711 | €120,555 | -€270,156 | -69.1% |
| Trade debts | 44 | €303,853 | €81,220 | -€222,633 | -73.3% |
| Suppliers | 440/4 | €303,853 | €81,220 | -€222,633 | -73.3% |
| Taxes, remuneration and social security | 45 | €86,858 | €39,335 | -€47,523 | -54.7% |
| Taxes | 450/3 | €55,877 | €4,824 | -€51,053 | -91.4% |
| Remuneration and social security | 454/9 | €30,981 | €34,511 | +€3,530 | +11.4% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Remuneration, social security and pensions | 62 | €308,624 | €337,830 | +€29,206 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €477 | €480 | +€3 | +0.5% |
| Other operating charges | 640/8 | €387 | €1,828 | +€1,441 | +372% |
| Gross operating margin | 9900 | €366,091 | €361,093 | -€4,997 | -1.4% |
| Operating profit (loss) | 9901 | €56,602 | €20,955 | -€35,647 | -63.0% |
| Financial income | 75/76B | €3,419 | €600 | -€2,819 | -82.5% |
| Recurring financial income | 75 | €3,419 | €600 | -€2,819 | -82.5% |
| Financial charges | 65/66B | €3,522 | €624 | -€2,898 | -82.3% |
| Recurring financial charges | 65 | €3,522 | €624 | -€2,898 | -82.3% |
| Profit (loss) for the period before taxes | 9903 | €56,499 | €20,931 | -€35,568 | -63.0% |
| Income taxes | 67/77 | €16,415 | €7,451 | -€8,964 | -54.6% |
| Profit (loss) for the period | 9904 | €40,083 | €13,480 | -€26,604 | -66.4% |
| Profit (loss) for the period to be appropriated | 9905 | €40,083 | €13,480 | -€26,604 | -66.4% |
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 24 October 2026 via checked.be.