Debts
Debts rose by €280,612 in 2023.
Debts rose by €280,612 in 2023.
Green is investment, beige is depreciation. Land and buildings stand 110.1% higher than in 2022.
Absorbed by SPRINGVIS in October 2023. The last annual accounts are for financial year 2023.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €90,000. Estimated: probably between €48,000 and €170,000.
| Line | Trend | 2023 | 2022 |
|---|---|---|---|
| Balance sheet: assets | |||
Total assets20/58 |
633,072 | 340,667 | |
Fixed assets21/28 |
146,168 | 72,985 | |
Tangible fixed assets22/27 |
139,668 | 66,485 | |
Land and buildings22 |
139,668 | 66,485 | |
Financial fixed assets28 |
6,500 | 6,500 | |
Current assets29/58 |
486,904 | 267,683 | |
Amounts receivable after more than one year29 |
222,292 | 177,292 | |
Trade receivables290 |
69,792 | 69,792 | |
Other amounts receivable291 |
152,500 | 107,500 | |
Amounts receivable within one year40/41 |
242,000 | 7,174 | |
Trade receivables40 |
242,000 | - | |
Other amounts receivable41 |
0 | 7,174 | |
Cash at bank and in hand54/58 |
22,612 | 83,217 | |
| Balance sheet: equity and liabilities | |||
Total equity and liabilities10/49 |
633,072 | 340,667 | |
Equity10/15 |
135,313 | 123,519 | |
Contributions10/11 |
90,000 | 90,000 | |
Reserves13 |
45,313 | 33,519 | |
Distributable reserves133 |
45,313 | 33,519 | |
Amounts payable17/49 |
497,759 | 217,148 | |
Amounts payable after more than one year17 |
30,000 | 30,000 | |
Financial debts170/4 |
30,000 | 30,000 | |
Amounts payable within one year42/48 |
467,759 | 187,148 | |
Financial debts43 |
120,000 | - | |
Credit institutions430/8 |
120,000 | - | |
Trade debts44 |
330,079 | 175,940 | |
Suppliers440/4 |
330,079 | 175,940 | |
Taxes, remuneration and social security45 |
17,460 | 5,988 | |
Taxes450/3 |
17,460 | 5,988 | |
Other amounts payable47/48 |
220 | 5,220 | |
| Income statement | |||
Gross operating margin9900 |
25,126 | 40,968 | |
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 |
5,936 | - | |
Other operating charges640/8 |
637 | 1,025 | |
Operating profit (loss)9901 |
18,553 | 39,944 | |
Financial income75/76B |
2 | - | |
Recurring financial income75 |
2 | - | |
Financial charges65/66B |
870 | 436 | |
Recurring financial charges65 |
870 | 436 | |
Profit (loss) for the period before taxes9903 |
17,684 | 39,507 | |
Income taxes67/77 |
5,891 | 5,988 | |
Profit (loss) for the period9904 |
11,793 | 33,519 | |
Profit (loss) for the period to be appropriated9905 |
11,793 | 33,519 | |
| Appropriation of the result | |||
Profit (loss) to be appropriated9906 |
11,793 | 33,519 | |
Transfer to equity691/2 |
11,793 | 33,519 | |
To other reserves6921 |
11,793 | 33,519 | |
| Social balance sheet | |||
Average staff (FTE)9087 |
0 | - | |
| Document | |||
The notes to these accounts have 16 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2023 (PDF), filed on 29-09-2023.
| Line | Trend | 2023 | 2022 |
|---|---|---|---|
| EBITDA | 24,489 | - | |
| Cash flow | 17,729 | - | |
| Investment in fixed assets | 79,120 | 72,985 | |
| Change in cash | -60,605 | - | |
| Working capital | 19,144 | 80,535 | |
| Solvency | 21.4% | 36.3% | |
| Current ratio | 1.04 | 1.43 | |
| Debt to equity | 3.68 | 1.76 | |
| ROE | 8.7% | 27.1% | |
| ROA | 1.9% | 9.8% | |
| Interest coverage | 28.14 | - |
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.
| Item | 30-06-2023 | 30-06-2022 |
|---|---|---|
| Tangible fixed assets | €79,120 | €66,485 |
| Intangible fixed assets | - | €0 |
| Financial fixed assets | - | €6,500 |
| Depreciation and write-downs of the year | €5,936 | - |
Source: notes to the 2022 to 2023 annual accounts (statement of fixed assets)
The operating result for 2023 is 54% lower than in 2022.
Debt's share of the balance-sheet total rises from 63.7% to 78.6%. Equity and debt are higher.
Source: lists of holdings in the owners' accounts
SPRINGVIS DEVELOPMENT has no parent and no holdings in its annual accounts.
The network starts from the directors of SPRINGVIS DEVELOPMENT. Every other company they run is a node.
All 13 environmental permit applications
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Articles of association, deed of 18-07-2023 (in Dutch)
| 23-10-2025 | Granted | Bouwen of herbouwen; Hoogstammige bomen vellen die geen deel uitmaken van een bos; Nieuwbouw of aanleggen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen; Verwijderen van vrijstaande gebouwen submitted 18-12-2020 · project 2020171646 | Provincie Oost-Vlaanderen |
| 09-10-2025 | No decision taken | Bouwen of herbouwen; Nieuwbouw of aanleggen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Ontbossen; Verwijderen van vrijstaande bijgebouwen, niet-overdekte lage constructies of andere beperkte handelingen submitted 21-06-2023 · project 2023072143 | RVVB |
| 13-06-2024 | Refused | Bouwen of herbouwen submitted 21-06-2023 · project 2023034499 | Provincie Oost-Vlaanderen |
| 16-11-2023 | Refused | Verbouwen / Wijzigen Infrastructuur; Verwijderen van vrijstaande gebouwen submitted 01-12-2022 · project 2022160050 | Provincie Oost-Vlaanderen |
| 25-05-2023 | Granted | Bouwen of herbouwen submitted 25-08-2022 · project 2022109838 | Provincie Antwerpen |
| 24-03-2023 | Discontinued | Bouwen of herbouwen; Nieuwbouw of aanleggen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Ontbossen; Verwijderen van vrijstaande bijgebouwen, niet-overdekte lage constructies of andere beperkte handelingen submitted 23-12-2022 · project 2022171951 | Waasmunster |
| 23-02-2023 | Granted | Bouwen of herbouwen; Nieuwbouw of aanleggen; Nieuwbouw van bijgebouwen, niet-overdekte lage constructies en andere handelingen; Verwijderen van vrijstaande gebouwen submitted 14-12-2021 · project 2021189140 | Provincie Antwerpen |
| 16-11-2022 | Discontinued | Bouwen of herbouwen; Nieuwbouw of aanleggen; Nieuwbouw van bijgebouwen en niet overdekte lage constructie; Ontbossen; Verwijderen van vrijstaande bijgebouwen, niet-overdekte lage constructies of andere beperkte handelingen submitted 10-07-2022 · project 2022095910 | Waasmunster |
| 12-10-2022 | Discontinued | Bouwen of herbouwen; Slopen van niet vrijstaande gebouwen of constructies; Verwijderen van vrijstaande bijgebouwen, niet-overdekte lage constructies of andere beperkte handelingen submitted 15-07-2022 · project 2022100013 | Geraardsbergen |
| 02-08-2022 | Discontinued | Bouwen of herbouwen submitted 23-12-2021 · project 2021188387 | Antwerpen |
The 10 most recent of 13 applications.
Source: Omgevingsloket Vlaanderen.
SPRINGVIS DEVELOPMENT is no longer in the KBO register. SPRINGVIS took it over in a merger by absorption, published in the Belgian Official Gazette on 2 October 2023.
If something looks wrong or is missing, please tell us.