E-Spring Company: what changed
Two financial 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.
E-Spring Company
Largest movements
- Cash -€50,011
down €50,011 (-36.0%), from €138,828 to €88,817
mainly Other debts (-€86,413) and Receivables within one year (-€29,608)
- Current investments -€50,000
no longer reported in 2025 (was €50,000)
- Receivables within one year +€29,608
up €29,608 (+636%), from €4,656 to €34,264
of which Trade receivables: +€21,434
- Intangible fixed assets -€2,000
down €2,000 (-50.0%), from €4,000 to €2,000
- Other debts -€86,413
down €86,413 (-99.3%), from €86,992 to €578
- Reserves +€24,000
up €24,000 (+534,530%), from €4 to €24,005
of which Distributable reserves: +€24,005
- Tax, wage and social debts -€15,273
down €15,273 (-66.1%), from €23,112 to €7,838
of which Taxes: -€15,970
- Trade debts +€3,856
up €3,856 (+6.0%), from €63,975 to €67,830
- Staff costs +€15,384
up €15,384 (+28.0%), from €55,007 to €70,390
- Gross operating margin -€7,522
down €7,522 (-6.5%), from €115,868 to €108,346
- Taxes -€2,996
down €2,996 (-19.7%), from €15,198 to €12,202
- Financial income +€1,624
up €1,624 (+5,414,333%), from €0 to €1,624
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.
Derived cash bridge
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 | €199,082 | €125,252 | -€73,830 | -37.1% |
| Fixed assets | 21/28 | €4,577 | €2,171 | -€2,406 | -52.6% |
| Intangible fixed assets | 21 | €4,000 | €2,000 | -€2,000 | -50.0% |
| Tangible fixed assets | 22/27 | €527 | €121 | -€406 | -77.0% |
| Furniture and vehicles | 24 | €527 | €121 | -€406 | -77.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €194,505 | €123,081 | -€71,425 | -36.7% |
| Amounts receivable within one year | 40/41 | €4,656 | €34,264 | +€29,608 | +636% |
| Trade receivables | 40 | €4,656 | €26,089 | +€21,434 | +460% |
| Other amounts receivable | 41 | - | €8,174 | +€8,174 | |
| Current investments | 50/53 | €50,000 | - | -€50,000 | |
| Cash at bank and in hand | 54/58 | €138,828 | €88,817 | -€50,011 | -36.0% |
| Deferred charges and accrued income | 490/1 | €1,022 | - | -€1,022 | |
| Total equity and liabilities | 10/49 | €199,082 | €125,252 | -€73,830 | -37.1% |
| Equity | 10/15 | €25,004 | €49,005 | +€24,000 | +96.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €4 | €24,005 | +€24,000 | +534,530% |
| Non-distributable reserves | 130/1 | €4 | - | -€4 | |
| Reserves not available under the articles | 1311 | €4 | - | -€4 | |
| Distributable reserves | 133 | - | €24,005 | +€24,005 | |
| Amounts payable | 17/49 | €174,078 | €76,247 | -€97,831 | -56.2% |
| Amounts payable within one year | 42/48 | €174,078 | €76,247 | -€97,831 | -56.2% |
| Trade debts | 44 | €63,975 | €67,830 | +€3,856 | +6.0% |
| Suppliers | 440/4 | €63,975 | €67,830 | +€3,856 | +6.0% |
| Taxes, remuneration and social security | 45 | €23,112 | €7,838 | -€15,273 | -66.1% |
| Taxes | 450/3 | €19,173 | €3,202 | -€15,970 | -83.3% |
| Remuneration and social security | 454/9 | €3,939 | €4,636 | +€697 | +17.7% |
| Other amounts payable | 47/48 | €86,992 | €578 | -€86,413 | -99.3% |
| Remuneration, social security and pensions | 62 | €55,007 | €70,390 | +€15,384 | +28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,406 | €2,406 | +€0 | 0.0% |
| Other operating charges | 640/8 | - | €772 | +€772 | |
| Gross operating margin | 9900 | €115,868 | €108,346 | -€7,522 | -6.5% |
| Operating profit (loss) | 9901 | €58,456 | €34,779 | -€23,677 | -40.5% |
| Financial income | 75/76B | €0 | €1,624 | +€1,624 | +5,414,333% |
| Recurring financial income | 75 | €0 | €1,624 | +€1,624 | +5,414,333% |
| Financial charges | 65/66B | €168 | €201 | +€33 | +19.6% |
| Recurring financial charges | 65 | €168 | €201 | +€33 | +19.6% |
| Profit (loss) for the period before taxes | 9903 | €58,288 | €36,203 | -€22,086 | -37.9% |
| Income taxes | 67/77 | €15,198 | €12,202 | -€2,996 | -19.7% |
| Profit (loss) for the period | 9904 | €43,090 | €24,000 | -€19,090 | -44.3% |
| Profit (loss) for the period to be appropriated | 9905 | €43,090 | €24,000 | -€19,090 | -44.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.