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SPRINGUEL

Active Risk: not assessed
Public limited companyfounded 1988active for 37 yearsPlace de Belle-Maison 10, 4570 Marchin, BelgiumKBO/BCE: BE 0436.101.112

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 22-07-2026 at the NBB all 37 filings

Equity
€649,830▲ 6.2%
2024 · €611,931
Net result
€37,899▼ 84.7%
2024 · €248,499
Total assets
€791,056▼ 3.1%
2024 · €816,075
Solvency
82.1%▲ 7.2pp
2024 · 75.0%
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is 83% lower than in 2024 and the lowest since 2021.

Operating result€61,133 2025 Net result€37,899 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Activities auxiliary to financial services and insurance activities (NACE 66). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€111,548-€156,139▲ 40.0%€99,676▼ 36.2%€84,216▼ 15.5%€64,392▼ 23.5%€143,994▲ 124%€368,974▲ 156%€61,133▼ 83.4%
Net result€79,419-€103,529▲ 30.4%€53,460within the sector's middle half▼ 48.4%€23,196within the sector's middle half▼ 56.6%€10,042within the sector's middle half▼ 56.7%€79,781above the sector's middle half▲ 694%€248,499above the sector's middle half▲ 211%€37,899within the sector's middle half▼ 84.7%
Equity€363,424-€376,953▲ 3.7%€250,413within the sector's middle half▼ 33.6%€273,609within the sector's middle half▲ 9.3%€283,651within the sector's middle half▲ 3.7%€363,432above the sector's middle half▲ 28.1%€611,931above the sector's middle half▲ 68.4%€649,830within the sector's middle half▲ 6.2%
Total assets€486,657-€478,705▼ 1.6%€469,184within the sector's middle half▼ 2.0%€520,483within the sector's middle half▲ 10.9%€562,622within the sector's middle half▲ 8.1%€626,370within the sector's middle half▲ 11.3%€816,075above the sector's middle half▲ 30.3%€791,056within the sector's middle half▼ 3.1%
Debt€123,233-€101,752▼ 17.4%€218,771▲ 115%€246,875▲ 12.8%€278,971▲ 13.0%€262,938▼ 5.7%€204,145▼ 22.4%€141,226▼ 30.8%
Working capital€109,707-€137,408▲ 25.2%€21,735within the sector's middle half▼ 84.2%€67,764within the sector's middle half▲ 212%€84,848within the sector's middle half▲ 25.2%€176,845above the sector's middle half▲ 108%€456,602above the sector's middle half▲ 158%€519,005above the sector's middle half▲ 13.7%
Solvency74.7%-78.7%▲ 4.1pp53.4%within the sector's middle half▼ 25.4pp52.6%within the sector's middle half▼ 0.8pp50.4%within the sector's middle half▼ 2.2pp58.0%within the sector's middle half▲ 7.6pp75.0%within the sector's middle half▲ 17.0pp82.1%above the sector's middle half▲ 7.2pp
Current ratio1.89-2.35▲ 0.461.10within the sector's middle half▼ 1.251.27within the sector's middle half▲ 0.181.30within the sector's middle half▲ 0.031.67within the sector's middle half▲ 0.373.24within the sector's middle half▲ 1.564.74above the sector's middle half▲ 1.50
Return on assets (ROA)16.3%-21.6%▲ 5.3pp11.4%within the sector's middle half▼ 10.2pp4.5%within the sector's middle half▼ 6.9pp1.8%within the sector's middle half▼ 2.7pp12.7%within the sector's middle half▲ 11.0pp30.5%above the sector's middle half▲ 17.7pp4.8%within the sector's middle half▼ 25.7pp
Staff (FTE)2.5-2.5=2.7within the sector's middle half▲ 8.0%2.5▼ 7.4%2.4▼ 4.0%2.8▲ 16.7%
above within below The sector band is the middle half of the companies in Activities auxiliary to financial services and insurance activities (NACE 66). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Large changes and their cause
  • 2025 Net result -85% on 2024. The accounts now follow the abbreviated format, last year the micro format.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €791,056
Fixed assets €133,325 ▼ 14.2%
Current assets €657,731 ▼ 0.5%
Equity and liabilities €791,056
Equity €649,830 ▲ 6.2%
Debt €141,226 ▼ 30.8%
Debt's share of the balance-sheet total falls from 25.0% to 17.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
ROE
5.8%▼
2024 · 40.6%
Debt ≤ 1 year
€138,726▼
2024 · €204,145
Income taxes
€24,525▼
2024 · €118,867
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202131-12-202231-12-2023
Employees at the balance-sheet date334
full-time111
part-time223
in full-time equivalents2.52.43.4
Average over the year, in full-time equivalents2.52.42.8
On a permanent contract333
Joined1-1
Left1-0

Source: social balance sheet in the 2021 to 2023 annual accounts

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€16,806€33,581€45,462€10,189€4,470
Depreciation and write-downs of the year€39,639€40,623€41,975€26,771€26,474

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as SPRINGUEL: risk and damage evaluation (NACE 66210). They are comparable in size and age: total assets between €601,000 and €1.2m, founded between 1979 and 1999.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
SPRINGUEL Marchin1988€0.8m€0.6m€0.09m€0.04m-2025
Belclaims International Gent1992€0.8m€0.06m€0.09m-€0.05m12025
Kantoor De Waele - Callens Zulte1989€1.0m€0.6m€0.07m€0.02m-2025
BROGILO Merelbeke-Melle1981€0.7m€0.6m€0.06m€0.03m-2025
EXPERTISEBUREAU DE KEERSMAECKER Kalmthout1979€0.6m€0.2m€0.1m€0.004m0.92025
De Olm Lichtervelde1989€1.2m€1.2m€0.1m€0.02m-2025
TEB Heusden-Zolder1999€0.6m€0.6m€0.09m€0.06m-2025

They were chosen from the 515 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines

Source: Annual accounts 2025 at the NBB, filed on 22-07-2026.

Balance sheet Code20242025
Assets
Total assets20/58€816,075€791,056▼
Fixed assets21/28€155,329€133,325▼
Tangible fixed assets22/27€154,429€132,425▼
Land and buildings22€125,082€109,075▼
Plant, machinery and equipment23€1,874€1,408▼
Furniture and vehicles24€27,472€21,942▼
Financial fixed assets28€900€900=
Current assets29/58€660,747€657,731▼
Amounts receivable within one year40/41€276,764€130,099▼
Trade receivables40€17,825-
Other amounts receivable41€258,939€130,099▼
Cash at bank and in hand54/58€383,982€525,430▲
Deferred charges and accrued income490/1-€2,203
Equity and liabilities
Total equity and liabilities10/49€816,075€791,056▼
Equity10/15€611,931€649,830▲
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Reserves13€547,200€584,200▲
Non-distributable reserves130/1€24,200€24,200=
Legal reserve130€24,200€24,200=
Distributable reserves133€523,000€560,000▲
Profit (loss) carried forward14€2,731€3,630▲
Amounts payable17/49€204,145€141,226▼
Amounts payable within one year42/48€204,145€138,726▼
Trade debts44€11,413€8,429▼
Suppliers440/4€11,413€8,429▼
Advances received on contracts in progress46€15,000-
Taxes, remuneration and social security45€24,695€34,607▲
Taxes450/3€24,695€34,607▲
Other amounts payable47/48€153,036€95,691▼
Accrued charges and deferred income492/3-€2,500
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26,771€26,474▼
Other operating charges640/8€11,133€680▼
Non-recurring operating charges66A-€424
Gross operating margin9900€406,878€88,710▼
Operating profit (loss)9901€368,974€61,133▼
Financial income75/76B€1,769€3,462▲
Recurring financial income75€1,769€3,462▲
Financial charges65/66B€3,377€2,171▼
Recurring financial charges65€3,377€2,171▼
Profit (loss) for the period before taxes9903€367,366€62,424▼
Income taxes67/77€118,867€24,525▼
Profit (loss) for the period9904€248,499€37,899▼
Profit (loss) for the period to be appropriated9905€248,499€37,899▼
Appropriation of the result
Profit (loss) to be appropriated9906€250,731€40,630▼
Profit (loss) brought forward from the previous period14P€2,232€2,731▲
Transfer to equity691/2€248,000€37,000▼
To other reserves6921€248,000€37,000▼

The notes to these accounts have 7 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.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€136,881€161,525€177,574---
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45,780€40,643€37,043€39,639€40,623€41,975€26,771€26,474▼ 1.1%
Other operating charges640/8---€977€1,167€1,297€11,133€680▼ 93.9%
Non-recurring operating charges66A---€3,452€1,430--€424-
Gross operating margin9900€286,106€334,045€264,472€265,164€269,138€364,840€406,878€88,710▼ 78.2%
Operating profit (loss)9901€111,548€156,139€99,676€84,216€64,392€143,994€368,974€61,133▼ 83.4%
Financial income75/76B-----€673€1,769€3,462▲ 95.7%
Recurring financial income75€135€126---€673€1,769€3,462▲ 95.7%
Financial charges65/66B---€44,607€42,308€33,668€3,377€2,171▼ 35.7%
Recurring financial charges65€4,167€4,285€22,517€44,607€42,308€33,668€3,377€2,171▼ 35.7%
Profit (loss) for the period before taxes9903€107,517€151,981€77,159€39,609€22,084€110,999€367,366€62,424▼ 83.0%
Income taxes67/77€28,097€48,452€23,699€16,413€12,042€31,218€118,867€24,525▼ 79.4%
Profit (loss) for the period9904€79,419€103,529€53,460€23,196€10,042€79,781€248,499€37,899▼ 84.7%
Profit (loss) for the period to be appropriated9905€79,419€103,529€53,460€23,196€10,042€79,781€248,499€37,899▼ 84.7%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€486,657€478,705€469,184€520,483€562,622€626,370€816,075€791,056▼ 3.1%
Fixed assets21/28€253,717€239,545€228,677€205,845€198,803€186,586€155,329€133,325▼ 14.2%
Tangible fixed assets22/27€252,817€238,645€227,777€204,945€197,903€185,686€154,429€132,425▼ 14.2%
Land and buildings22---€194,320€166,923€145,553€125,082€109,075▼ 12.8%
Plant, machinery and equipment23---€699€484€269€1,874€1,408▼ 24.9%
Furniture and vehicles24---€9,926€30,497€39,865€27,472€21,942▼ 20.1%
Financial fixed assets28€900€900€900€900€900€900€900€900=
Current assets29/58€232,940€239,160€240,507€314,639€363,819€439,784€660,747€657,731▼ 0.5%
Amounts receivable within one year40/41€77,796€65,389€49,879€80,982€78,926€97,786€276,764€130,099▼ 53.0%
Trade receivables40---€67,695€62,250€97,768€17,825--
Other amounts receivable41---€13,287€16,676€18€258,939€130,099▼ 49.8%
Cash at bank and in hand54/58€155,143€173,771€190,627€233,657€284,893€341,997€383,982€525,430▲ 36.8%
Deferred charges and accrued income490/1-------€2,203-
Equity and liabilities
Total equity and liabilities10/49€486,657€478,705€469,184€520,483€562,622€626,370€816,075€791,056▼ 3.1%
Equity10/15€363,424€376,953€250,413€273,609€283,651€363,432€611,931€649,830▲ 6.2%
Contributions10/11€242,000€242,000€62,000€62,000€62,000€62,000€62,000€62,000=
Capital10---€62,000€62,000€62,000€62,000€62,000=
Issued capital100---€62,000€62,000€62,000€62,000€62,000=
Reserves13€121,200€134,200€187,200€211,200€220,200€299,200€547,200€584,200▲ 6.8%
Non-distributable reserves130/1---€24,200€24,200€24,200€24,200€24,200=
Legal reserve130---€24,200€24,200€24,200€24,200€24,200=
Distributable reserves133---€187,000€196,000€275,000€523,000€560,000▲ 7.1%
Profit (loss) carried forward14€224€753€1,213€409€1,451€2,232€2,731€3,630▲ 32.9%
Amounts payable17/49€123,233€101,752€218,771€246,875€278,971€262,938€204,145€141,226▼ 30.8%
Amounts payable within one year42/48€123,233€101,752€218,771€246,875€278,971€262,938€204,145€138,726▼ 32.0%
Financial debts43---€6,689€8,358----
Credit institutions430/8---€6,689€8,358----
Trade debts44€28,519€30,247€28,132€33,444€38,322€25,797€11,413€8,429▼ 26.1%
Suppliers440/4---€33,444€38,322€25,797€11,413€8,429▼ 26.1%
Advances received on contracts in progress46------€15,000--
Taxes, remuneration and social security45---€20,960€33,850€39,608€24,695€34,607▲ 40.1%
Taxes450/3---€9,402€6,215€21,786€24,695€34,607▲ 40.1%
Remuneration and social security454/9---€11,558€27,636€17,822---
Other amounts payable47/48---€185,783€198,440€197,533€153,036€95,691▼ 37.5%
Accrued charges and deferred income492/3-------€2,500-
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€79,419€103,529€53,460€23,196€10,042€79,781€248,499€37,899▼ 84.7%
+ Depreciation and write-downs630€45,780€40,643€37,043€39,639€40,623€41,975€26,771€26,474▼ 1.1%
Operating cash flow (approximation)€125,200€144,171€90,503€62,835€50,665€121,755€275,270€64,373▼ 76.6%
Investment in fixed assets (approximation)--€26,471-€26,175-€16,806-€33,581-€29,758€4,487-€4,470-
Change in cash-€18,628€16,856€43,030€51,236€57,104€41,985€141,448▲ 237%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 37 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 22-07-2026 2026-00352302 NBB
31-12-2024 micro format 03-07-2025 2025-00232180 PDF
31-12-2023 micro format 25-07-2024 2024-00288816 PDF
31-12-2022 micro format 02-08-2023 2023-00311087 PDF
31-12-2021 micro format 12-08-2022 2022-20303868 PDF
31-12-2020 micro format 25-06-2021 2021-27000564 PDF
31-12-2019 micro format 26-08-2020 2020-45300528 PDF
31-12-2018 micro format 24-07-2019 2019-38200119 PDF
31-12-2017 micro format 16-08-2018 2018-46200508 PDF
31-12-2016 micro format 14-08-2017 2017-43800437 PDF

Show all 37 filings

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