Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 23 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
21 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
INTEGRA CAPITAL PARTNERS from Gent, company number BE0711710477, closed financial year 2025 with a result of € 217,567 after tax. For that financial year INTEGRA CAPITAL PARTNERS recorded a gross margin of € 316,495 and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 227,930 to € 217,567. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 21, 2026.
€ 1.3 million
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 217,567
▼ 5% vs 2024
Profit after tax over the fiscal year.
€ 42,584
▲ 168% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.2 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 536
▼ 50% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 210,000
Loans from banks and other lenders, long and short.
€ 529,233
▲ 84% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,542
▼ 95% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 482,598 | € 607,446 | € 327,777 | € 316,495 | ▼ 3% |
| Profit after taxes | € 329,078 | € 430,375 | € 227,930 | € 217,567 | ▼ 5% |
| Equity | € 413,291 | € 843,666 | € 1,071,595 | € 1,289,162 | ▲ 20% |
| Total debts | € 341,853 | € 356,966 | € 377,328 | € 746,132 | ▲ 98% |
| Cash | € 18,544 | € 88,069 | € 15,912 | € 42,584 | ▲ 168% |
| Retained profit | € 350,291 | € 780,666 | € 1,008,595 | € 1,226,162 | ▲ 22% |
| Bank debt | € 0 | € 180,000 | € 0 | € 210,000 | |
| Balance sheet total | € 755,144 | € 1,200,631 | € 1,448,924 | € 2,035,294 | ▲ 40% |
| Employees (FTE) | 2.3 | - | 0 | 0 |
Key figures of INTEGRA CAPITAL PARTNERS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to INTEGRA CAPITAL PARTNERS?
What happened at INTEGRA CAPITAL PARTNERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- True North Asset Management BV stepped down as director. NBB
- Kazmuzi BV stepped down as director. NBB
- Integra Management BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 217,567 (▼ 5% vs 2024). filed late Source: NBB ↗
- New establishment in Gent. KBO
- True North Asset Management BV became a director. NBB
- Kazmuzi BV became a director. NBB
- Integra Management BV became a director. NBB
In short
From € 329,078 profit in 2022 to € 217,567 profit in 2025.
Paid € 495,658 in corporate taxes since 2022.
Best year ever: 2023, with € 430,375 profit.
On average € 209,800 of value added per employee in 2022.
Management
The stake of True North Asset Management, Kazmuzi comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
INTEGRA CAPITAL PARTNERSThe shares are held by True North Asset Management (33.3%) and Kazmuzi (33.3%).
Directors
According to the 2025 annual accounts
True North Asset Management BV
Director · represented by Bernard Hendrikx
Also active at: ZEPA, VINDEVOGEL FLANDERS, Columba, Integra Partners, Nestor Holding, SACK INVEST, Nestor Europe
since 2018 · until 2030
since 2018 · until 2030
Managing director · represented by Johan Heirbrandt - Van Rijsseghem
Also active at: Integra Partners, Nestor Holding
since 2018 · until 2030
Shareholders
33.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rijvisschestraat 118 box 3
9052 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 21 companies are registered at this address.
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€ 834,703 gross margin · 2025
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€ 676,401 gross margin · 2025
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€ 1.4 million gross margin · 2025
GROUP AIP
INTEGRA FUND PRIVAK
+16 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0711.710.477
- VAT number
- BE 0711.710.477
- Registered office
- Rijvisschestraat 118 bus 3, 9052 Gent
- Names & denominations
- INTEGRA CAPITAL PARTNERS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 October 2018
- Peppol
- Active · Active since 30 Oct 2023