BUREAU SPRINGUEL: what changed
Two fiscal 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.
BUREAU SPRINGUEL
Largest movements
- Cash +€23,798
up €23,798 (+164.5%), from €14,466 to €38,264
mainly Net result for the year (+€104,177) and Depreciation (+€37,875)
- Receivables within one year +€11,529
up €11,529 (+12.9%), from €89,423 to €100,952
- Intangible fixed assets -€10,072
down €10,072 (-3.9%), from €256,500 to €246,428
- Other debts -€132,613
down €132,613 (-51.2%), from €258,921 to €126,308
- Reserves +€104,000
up €104,000 (+189.1%), from €55,000 to €159,000
- Tax, wage and social debts +€24,583
up €24,583 (+111.7%), from €22,015 to €46,598
of which Taxes: +€23,858
- Current portion of long-term debt +€9,883
new in 2025: €9,883
- Debts after one year +€9,306
new in 2025: €9,306
- Staff costs -€52,237
down €52,237 (-28.1%), from €186,148 to €133,911
- Taxes +€20,137
up €20,137 (+63.9%), from €31,500 to €51,637
- Gross operating margin +€19,753
up €19,753 (+6.4%), from €308,870 to €328,623
- Depreciation +€3,925
up €3,925 (+11.6%), from €33,950 to €37,875
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.
Cash bridge derived
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 | €375,218 | €399,839 | +€24,621 | +6.6% |
| Fixed assets | 21/28 | €271,330 | €260,623 | -€10,706 | -3.9% |
| Intangible fixed assets | 21 | €256,500 | €246,428 | -€10,072 | -3.9% |
| Tangible fixed assets | 22/27 | €14,830 | €14,195 | -€634 | -4.3% |
| Plant, machinery and equipment | 23 | €3,410 | €2,638 | -€772 | -22.6% |
| Furniture and vehicles | 24 | €11,420 | €11,558 | +€138 | +1.2% |
| Current assets | 29/58 | €103,889 | €139,216 | +€35,327 | +34.0% |
| Amounts receivable within one year | 40/41 | €89,423 | €100,952 | +€11,529 | +12.9% |
| Trade receivables | 40 | €89,423 | €100,952 | +€11,529 | +12.9% |
| Cash at bank and in hand | 54/58 | €14,466 | €38,264 | +€23,798 | +164.5% |
| Total equity and liabilities | 10/49 | €375,218 | €399,839 | +€24,621 | +6.6% |
| Equity | 10/15 | €60,444 | €164,621 | +€104,177 | +172.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €55,000 | €159,000 | +€104,000 | +189.1% |
| Distributable reserves | 133 | €55,000 | €159,000 | +€104,000 | +189.1% |
| Profit (loss) carried forward | 14 | €444 | €621 | +€177 | +39.9% |
| Amounts payable | 17/49 | €314,774 | €235,218 | -€79,557 | -25.3% |
| Amounts payable after more than one year | 17 | - | €9,306 | +€9,306 | |
| Financial debts | 170/4 | - | €9,306 | +€9,306 | |
| Amounts payable within one year | 42/48 | €314,774 | €225,912 | -€88,863 | -28.2% |
| Current portion of amounts payable after more than one year | 42 | - | €9,883 | +€9,883 | |
| Financial debts | 43 | - | €7,509 | +€7,509 | |
| Credit institutions | 430/8 | - | €7,509 | +€7,509 | |
| Trade debts | 44 | €33,839 | €35,614 | +€1,776 | +5.2% |
| Suppliers | 440/4 | €33,839 | €35,614 | +€1,776 | +5.2% |
| Taxes, remuneration and social security | 45 | €22,015 | €46,598 | +€24,583 | +111.7% |
| Taxes | 450/3 | €8,023 | €31,881 | +€23,858 | +297.4% |
| Remuneration and social security | 454/9 | €13,992 | €14,717 | +€725 | +5.2% |
| Other amounts payable | 47/48 | €258,921 | €126,308 | -€132,613 | -51.2% |
| Remuneration, social security and pensions | 62 | €186,148 | €133,911 | -€52,237 | -28.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,950 | €37,875 | +€3,925 | +11.6% |
| Other operating charges | 640/8 | €1,502 | €629 | -€873 | -58.1% |
| Gross operating margin | 9900 | €308,870 | €328,623 | +€19,753 | +6.4% |
| Operating profit (loss) | 9901 | €87,270 | €156,208 | +€68,938 | +79.0% |
| Financial income | 75/76B | - | €179 | +€179 | |
| Recurring financial income | 75 | - | €179 | +€179 | |
| Financial charges | 65/66B | €326 | €573 | +€247 | +75.9% |
| Recurring financial charges | 65 | €326 | €573 | +€247 | +75.9% |
| Profit (loss) for the period before taxes | 9903 | €86,944 | €155,814 | +€68,870 | +79.2% |
| Income taxes | 67/77 | €31,500 | €51,637 | +€20,137 | +63.9% |
| Profit (loss) for the period | 9904 | €55,444 | €104,177 | +€48,733 | +87.9% |
| Profit (loss) for the period to be appropriated | 9905 | €55,444 | €104,177 | +€48,733 | +87.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.