SPRINGBOK MEDIA
Annual accounts 2025
abbreviated format, filed on 15-10-2026, 76 days lateThe turnover shown is an estimate from the gross margin.
Turnover ≈ €130,000. Estimated: probably between €100,000 and €200,000.
Money flows
no detail for 2025Balance sheet
balance sheet total €1.9m on 31-12-2025in euro
in euro
Position in the sector
8.9%
Higher than 20% of 2,093 companies in 2025.
0.89
Higher than 26% of 2,009 companies in 2025.
-6.3%
Higher than 15% of 2,052 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: top quarter · Working capital: bottom quarter
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
1.9m | 1.6m | 1.0m | 782,300 | 404,611 | 249,580 | 512,153 | 45,286 | 102,671 | 179,695 | 237,063 | 57,793 | 16,615 | 24,798 | 25,210 | 31,828 | 124,164 | 216,257 | 232,044 | 214,016 | |
21/28 |
355,332 | 373,296 | 334,909 | 168,941 | 90,349 | 29,294 | - | 32,731 | 65,462 | 99,270 | 133,076 | - | 8,333 | 16,667 | - | - | 6,168 | 10,448 | 21,870 | 32,849 | |
21 |
335,332 | 353,296 | 324,409 | 141,441 | 90,349 | 29,294 | - | 32,731 | 65,462 | 98,194 | 130,925 | - | 8,333 | 16,667 | - | - | - | - | - | - | |
22/27 |
- | - | - | - | - | - | - | - | - | 1,076 | 2,151 | - | - | - | - | - | 6,168 | 10,448 | 21,870 | 32,849 | |
22 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 216 | 1,871 | 3,526 | 5,182 | |
23 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,102 | 2,982 | 3,630 | 6,655 | |
24 |
- | - | - | - | - | - | - | - | - | 1,076 | 2,151 | - | - | - | - | - | 3,849 | 5,595 | 14,713 | 21,012 | |
28 |
20,000 | 20,000 | 10,500 | 27,500 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
1.5m | 1.2m | 710,703 | 613,359 | 314,262 | 220,286 | 512,153 | 12,555 | 37,209 | 80,425 | 103,988 | 57,793 | 8,282 | 8,132 | 25,210 | 31,828 | 117,996 | 205,809 | 210,174 | 181,167 | |
3 |
445,573 | 605,972 | 405,335 | 178,669 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
30/36 |
445,573 | 605,972 | 405,335 | 178,669 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
453,738 | 271,687 | 42,133 | 250,092 | 120,299 | 76,228 | 11,859 | 10,478 | 35,575 | 23,239 | 13,372 | 31,549 | 7,578 | 7,910 | 24,523 | 21,351 | 94,338 | 169,237 | 155,575 | 150,672 | |
40 |
453,738 | 262,217 | 42,133 | 228,757 | 40,974 | 15,021 | - | 9,533 | 32,584 | 22,608 | 6,449 | 6,449 | 7,488 | 7,910 | 24,515 | 16,922 | 79,085 | 169,237 | 155,575 | 150,672 | |
41 |
- | 9,470 | - | 21,335 | 79,325 | 61,207 | 11,859 | 945 | 2,991 | 631 | 6,922 | 25,100 | 90 | - | 8 | 4,429 | 15,253 | - | - | - | |
54/58 |
554,721 | 237,120 | 164,449 | 184,597 | 193,963 | 138,261 | 500,294 | 2,077 | 1,634 | 57,186 | 90,507 | 26,243 | 705 | 222 | 687 | 10,477 | 21,095 | 34,072 | 51,917 | 27,914 | |
490/1 |
60,650 | 62,535 | 98,786 | - | - | 5,797 | - | - | - | - | 109 | - | - | - | - | - | 2,563 | 2,500 | 2,683 | 2,581 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
1.9m | 1.6m | 1.0m | 782,300 | 404,611 | 249,580 | 512,153 | 45,286 | 102,671 | 179,695 | 237,063 | 57,793 | 16,615 | 24,798 | 25,210 | 31,828 | 124,164 | 216,257 | 232,044 | 214,016 | |
10/15 |
166,883 | 283,787 | 226,216 | 107,644 | 52,873 | 222,620 | 395,192 | -11,812 | 15,540 | 44,958 | 89,635 | 46,384 | 12,876 | 17,474 | 19,717 | 23,829 | 83,295 | 75,734 | 78,318 | 68,559 | |
10/11 |
520,451 | 520,451 | 520,451 | 520,451 | 520,451 | 520,451 | 520,451 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 16,113 | 16,113 | 8,676 | 8,676 | 8,676 | |
100 |
- | - | - | - | - | 520,451 | 520,451 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
101 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,479 | 2,479 | 9,916 | 9,916 | 9,916 | |
13 |
- | - | - | - | - | - | - | 5,539 | 5,539 | 5,539 | 5,539 | 5,539 | 5,539 | 5,539 | 5,539 | 5,539 | 5,539 | 5,539 | 5,539 | 5,539 | |
130 |
- | - | - | - | - | - | - | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | |
133 |
- | - | - | - | - | - | - | 3,680 | 3,680 | 3,680 | 3,680 | 3,680 | 3,680 | 3,680 | 3,680 | 3,680 | 3,680 | 3,680 | 3,680 | 3,680 | |
14 |
-353,568 | -236,664 | -294,236 | -412,808 | -467,578 | -297,831 | -125,259 | -35,943 | -8,591 | 20,827 | 65,503 | 22,253 | -11,255 | -6,658 | -4,414 | 2,177 | 61,643 | 61,519 | 64,102 | 54,344 | |
16 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12,545 | |
160/5 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12,545 | |
17/49 |
1.7m | 1.3m | 819,397 | 674,656 | 351,738 | 26,960 | 116,961 | 57,098 | 87,131 | 134,737 | 147,429 | 11,408 | 3,739 | 7,325 | 5,493 | 7,999 | 40,869 | 140,523 | 153,726 | 132,912 | |
17 |
- | - | - | - | 250,000 | - | - | 44,176 | 24,374 | 59,233 | 101,450 | - | - | - | - | - | - | - | 6,342 | 17,292 | |
170/4 |
- | - | - | - | 250,000 | - | - | 44,176 | 24,374 | 59,233 | 101,450 | - | - | - | - | - | - | - | 6,342 | 17,292 | |
42/48 |
1.7m | 1.3m | 819,397 | 674,656 | 101,738 | 26,960 | 116,961 | 12,922 | 62,757 | 75,504 | 45,978 | 11,408 | 3,739 | 7,325 | 5,493 | 7,999 | 40,869 | 140,523 | 147,384 | 115,620 | |
42 |
- | - | - | 252,705 | - | - | 17,050 | - | 41,482 | 39,786 | 34,750 | - | - | - | - | - | - | 6,342 | 14,600 | 20,910 | |
44 |
403,001 | 273,210 | 793,331 | 421,912 | 101,738 | 26,912 | 67,078 | 9,738 | 21,113 | 33,441 | 9,642 | 972 | 1,489 | 6,913 | 5,374 | 1,188 | 17,030 | 59,225 | 89,870 | 52,080 | |
440/4 |
403,001 | 273,210 | 793,331 | 421,912 | 101,738 | 26,912 | 67,078 | 9,738 | 21,113 | 33,441 | 9,642 | 972 | 1,489 | 6,913 | 5,374 | 1,188 | 17,030 | 59,225 | 89,870 | 52,080 | |
46 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 10,000 | - | - | |
45 |
13,571 | 0 | 23,590 | - | - | 48 | - | 1,127 | 162 | 2,027 | 1,586 | 10,436 | - | 412 | 119 | 444 | 7,035 | 23,864 | 27,631 | 25,429 | |
450/3 |
13,571 | 0 | 23,590 | - | - | 1 | - | 1,127 | 162 | 147 | 284 | 10,436 | - | 412 | 119 | 444 | 4,473 | 19,800 | 23,680 | 21,641 | |
454/9 |
- | - | - | - | - | 47 | - | - | - | 1,880 | 1,302 | - | - | - | - | - | 2,562 | 4,063 | 3,951 | 3,788 | |
47/48 |
1.3m | 993,612 | 2,475 | 39 | - | - | 32,833 | 2,057 | - | 250 | - | - | 2,250 | - | - | 6,367 | 16,804 | 41,092 | 15,283 | 17,201 | |
| Income statement | |||||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 176,034 | 343,775 | 389,010 | - | |
76A |
60,152 | 0 | 8,005 | - | - | - | - | - | - | - | - | - | - | - | - | 9,047 | - | - | - | - | |
9900 |
53,949 | 217,785 | 209,902 | 100,737 | -124,678 | -149,874 | -58,144 | 9,129 | 384 | 27,501 | 91,638 | 34,083 | 4,908 | 7,315 | -17,936 | -34,290 | 49,384 | 46,807 | 64,780 | 88,597 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 129,013 | 297,282 | 324,614 | - | |
62 |
- | - | - | -24 | 21,972 | 10,242 | 60 | -64 | - | 28,323 | 8,659 | - | - | - | - | 18,474 | 25,667 | 32,168 | 31,258 | 29,966 | |
630 |
136,765 | 132,283 | 88,540 | 43,138 | 17,877 | 7,882 | 32,731 | 32,731 | 33,807 | 33,806 | 33,806 | - | 8,333 | 8,333 | - | 2,497 | 4,281 | 13,650 | 13,799 | 13,605 | |
631/4 |
- | - | - | - | - | - | - | - | - | 3,500 | - | - | - | - | -8,601 | 8,601 | - | - | - | - | |
635/8 |
- | - | - | - | - | - | - | - | 348 | - | - | - | - | - | - | - | - | - | - | - | |
640/8 |
25,607 | 27,582 | 143 | - | 4,905 | - | 458 | 347 | - | 348 | 437 | 348 | 926 | 688 | 1,325 | 4,765 | 18,819 | 2,627 | 2,640 | 2,527 | |
66A |
120 | 182 | 281 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9901 |
-108,543 | 57,739 | 120,938 | 57,623 | -169,432 | -167,998 | -91,393 | -23,885 | -33,771 | -38,476 | 48,736 | 33,736 | -4,351 | -1,706 | -10,660 | -68,627 | 618 | -1,638 | 17,082 | 42,499 | |
75/76B |
- | 0 | - | 1 | 7 | - | - | - | 7,500 | 5 | 59 | - | 0 | 1 | 4,134 | 196 | 184 | 1,960 | 369 | 52 | |
75 |
- | - | - | 1 | 7 | - | - | - | 7,500 | 5 | 59 | - | 0 | 1 | 4,134 | 196 | 184 | 1,960 | 369 | 52 | |
76B |
- | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
8,361 | 167 | 2,366 | 2,854 | 322 | 4,574 | 1,603 | 3,467 | 3,147 | 6,206 | 5,542 | 228 | 246 | 550 | 62 | 102 | 651 | 2,800 | 3,854 | 2,265 | |
65 |
8,361 | 167 | 2,366 | 2,854 | 322 | 4,574 | 1,603 | 3,467 | 2,877 | 6,206 | 5,542 | 228 | 246 | 550 | 62 | 102 | 651 | 2,800 | 3,854 | 2,265 | |
66B |
- | - | - | - | - | - | - | - | 270 | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
-116,904 | 57,572 | 118,572 | 54,770 | -169,747 | -172,572 | -92,996 | -27,352 | -29,418 | -44,677 | 43,252 | 33,508 | -4,597 | -2,254 | -6,588 | -59,486 | 151 | -2,478 | 13,596 | 40,286 | |
67/77 |
- | - | - | - | - | - | - | - | - | - | 2 | - | - | -11 | 3 | -20 | 28 | 106 | 3,838 | 6,136 | |
9904 |
-116,904 | 57,572 | 118,572 | 54,770 | -169,747 | -172,572 | -92,996 | -27,352 | -29,418 | -44,677 | 43,250 | 33,508 | -4,597 | -2,244 | -6,591 | -59,466 | 124 | -2,584 | 9,758 | 34,150 | |
9905 |
-116,904 | 57,572 | 118,572 | 54,770 | -169,747 | -172,572 | -92,996 | -27,352 | -29,418 | -44,677 | 43,250 | 33,508 | -4,597 | -2,244 | -6,591 | -59,466 | 124 | -2,584 | 9,758 | 34,150 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-353,568 | -236,664 | -294,236 | -412,808 | -467,578 | -297,831 | -128,939 | -35,943 | -8,591 | 20,827 | 65,503 | 22,253 | -11,255 | -6,658 | -4,414 | 2,177 | 61,643 | 61,519 | 64,102 | 69,344 | |
14P |
-236,664 | -294,236 | -412,808 | -467,578 | -297,831 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | 5,539 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | 5,539 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691 |
- | - | - | - | - | - | 5,539 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694/7 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 15,000 | |
695 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 15,000 | |
| Social balance sheet | |||||||||||||||||||||
9087 |
- | - | - | - | - | - | - | - | - | - | 1 | - | - | - | - | 0.8 | 0.8 | 1 | 1 | 1 | |
Hours worked1013 |
- | - | - | - | - | - | - | - | - | - | 450 | - | - | - | - | 1,026 | 1,425 | 1,725 | 1,733 | 1,725 | |
| Document | |||||||||||||||||||||
The accounts for 23 older financial years (1983-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 12 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 15-10-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 76 days after the deadline. Filed on 15 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00560230.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 15-10-2026 | 2026-00560230 | |
| 31-12-2024 | full format | 13-08-2025 | 2025-00373098 | |
| 31-12-2023 | full format | 28-09-2024 | 2024-00477086 | |
| 31-12-2022 | full format | 20-07-2023 | 2023-00262979 | |
| 31-12-2021 | micro format | 08-07-2022 | 2022-20166953 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-63600590 | |
| 31-12-2019 | micro format | 28-10-2020 | 2020-65300125 | |
| 31-12-2018 | micro format | 03-07-2019 | 2019-28300297 | |
| 31-12-2017 | micro format | 26-09-2018 | 2018-65800349 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-57000290 | |
| 31-12-2015 | full format | 25-08-2016 | 2016-49800383 | |
| 31-12-2014 | abbreviated format | 29-08-2015 | 2015-52400099 | |
| 31-12-2013 | abbreviated format | 26-08-2014 | 2014-48800348 | |
| 31-12-2012 | abbreviated format | 07-07-2013 | 2013-27600529 | |
| 31-12-2011 | abbreviated format | 28-09-2012 | 2012-59400458 | |
| 31-12-2010 | abbreviated format | 31-08-2011 | 2011-53400125 | |
| 31-12-2009 | abbreviated format | 14-06-2010 | 2010-17400142 | |
| 31-12-2008 | abbreviated format | 13-08-2009 | 2009-57300267 | |
| 31-12-2007 | abbreviated format | 19-06-2008 | 2008-26700242 | |
| 31-12-2006 | abbreviated format | 19-07-2007 | 2007-43900291 | |
| 31-12-2005 | abbreviated format | 28-06-2006 | 2006-34203835 | |
| 31-12-2004 | abbreviated format | 22-07-2005 | 2005-53704289 | |
| 31-12-2003 | abbreviated format | 28-06-2004 | 2004-33203750 | |
| 31-12-2002 | abbreviated format | 23-06-2003 | 2003-28004686 | |
| 31-12-2001 | abbreviated format | 26-06-2002 | 2002-27701448 | |
| 31-12-2000 | abbreviated format | 09-07-2001 | 2001-35500563 | |
| 31-12-1999 | abbreviated format | 18-07-2000 | 2000-43100254 | |
| 31-12-1998 | abbreviated format | 28-06-1999 | 1999-24404328 | |
| 31-12-1997 | abbreviated format | 25-06-1998 | 1998-22402353 | |
| 31-12-1996 | abbreviated format | 20-06-1997 | 1997-18100649 | |
| 31-12-1995 | abbreviated format | 14-06-1996 | 1996-16503957 | |
| 31-12-1994 | abbreviated format | 23-06-1995 | 1995-28201279 | |
| 31-12-1993 | abbreviated format | 23-06-1994 | 1994-19002558 | |
| 31-12-1992 | abbreviated format | 18-06-1993 | 1993-14802082 | |
| 31-12-1991 | abbreviated format | 24-06-1992 | 1992-14604568 | |
| 31-12-1990 | abbreviated format | 08-07-1991 | 1991-16502645 | |
| 31-12-1989 | abbreviated format | 02-01-1991 | 1991-00100961 | |
| 31-12-1988 | abbreviated format | 18-10-1989 | 1989-24400734 | |
| 31-12-1987 | abbreviated format | 02-11-1988 | 1988-22803932 | |
| 31-12-1986 | abbreviated format | 05-11-1987 | 1987-24200263 | |
| 31-12-1985 | abbreviated format | 02-12-1986 | 1986-45100763 | |
| 31-12-1984 | abbreviated format | 05-07-1985 | 1985-21902167 | |
| 31-12-1983 | unclassified schema | 06-07-1984 | 1984-09401065 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 28,222 | 190,022 | 209,478 | 100,762 | -151,554 | -160,116 | -58,662 | 8,846 | 36 | -4,670 | 82,542 | - | 3,982 | 6,628 | - | -66,129 | 4,899 | 12,012 | 30,881 | 56,104 | ||
| 19,861 | 189,855 | 207,112 | 97,909 | -151,870 | -164,690 | -60,265 | 5,379 | 4,389 | -10,871 | 77,056 | - | 3,736 | 6,090 | - | -56,969 | 4,405 | 11,067 | 23,557 | 47,755 | ||
| 58,768 | 170,670 | 271,509 | 121,730 | 78,933 | 37,176 | 0 | 0 | -1 | 0 | 166,882 | - | 0 | 25,000 | - | -3,671 | 0 | 2,229 | 2,819 | 13,361 | ||
| 317,601 | 72,671 | -20,148 | -9,365 | 55,702 | -362,033 | 498,217 | 443 | -55,552 | -33,321 | 64,263 | 25,539 | 483 | -466 | -9,790 | -10,618 | -12,977 | -17,845 | 24,003 | - | ||
| -188,448 | -89,509 | -108,694 | -61,298 | 212,524 | 193,326 | 395,192 | -367 | -25,548 | 4,921 | 58,009 | 46,384 | 4,543 | 807 | 19,717 | 23,829 | 77,127 | 65,286 | 62,790 | 65,547 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.4% | -0.5% | 4.4% | - | ||
| 8.9% | 18.3% | 21.6% | 13.8% | 13.1% | 89.2% | 77.2% | -26.1% | 15.1% | 25.0% | 37.8% | 80.3% | 77.5% | 70.5% | 78.2% | 74.9% | 67.1% | 35.0% | 33.8% | 32.0% | ||
| 0.89 | 0.93 | 0.87 | 0.91 | 3.09 | 8.17 | 4.38 | 0.97 | 0.59 | 1.07 | 2.26 | 5.07 | 2.22 | 1.11 | 4.59 | 3.98 | 2.89 | 1.46 | 1.43 | 1.57 | ||
| 0.63 | 0.45 | 0.37 | 0.64 | 3.09 | 8.17 | 4.38 | 0.97 | 0.59 | 1.07 | 2.26 | 5.07 | 2.22 | 1.11 | 4.59 | 3.98 | 2.89 | 1.46 | 1.43 | 1.57 | ||
| 10.21 | 4.46 | 3.62 | 6.27 | 6.65 | 0.12 | 0.30 | - | 5.61 | 3.00 | 1.64 | 0.25 | 0.29 | 0.42 | 0.28 | 0.34 | 0.49 | 1.86 | 1.96 | 1.94 | ||
| -70.1% | 20.3% | 52.4% | 50.9% | -321.0% | -77.5% | -23.5% | - | -189.3% | -99.4% | 48.3% | 72.2% | -35.7% | -12.8% | -33.4% | -249.6% | 0.1% | -3.4% | 12.5% | 49.8% | ||
| -6.3% | 3.7% | 11.3% | 7.0% | -42.0% | -69.1% | -18.2% | -60.4% | -28.7% | -24.9% | 18.2% | 58.0% | -27.7% | -9.0% | -26.1% | -186.8% | 0.1% | -1.2% | 4.2% | 16.0% | ||
| 3.38 | over 100 | 88.55 | 35.31 | -470.10 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 164 days | 180 days | 146 days | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 48 days | 73 days | 101 days | - |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Intangible fixed assets | €58,768 | €161,170 | €271,509 | €94,230 | €78,933 |
| Financial fixed assets | - | €9,500 | - | €27,500 | - |
| €136,765 | €132,283 | €88,540 | €43,138 | €17,877 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on SPRINGBOK MEDIA
The operating result for 2025 is a loss of €108,543, after a profit of €57,739 in 2024. It is the lowest result since 2021.
Debt's share of the balance-sheet total rises from 81.7% to 91.1%. Equity is lower and debt is higher.