Het Springpaard: 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.
Het Springpaard
Largest movements
- Receivables within one year +€2,415
up €2,415 (+155.0%), from €1,558 to €3,973
- Profit (loss) carried forward +€2,743
up €2,743 (+1.8%), from -€153,569 to -€150,826
- Gross operating margin +€7,490
up €7,490, from -€1,414 to €6,077
- Depreciation -€3,469
down €3,469 (-81.8%), from €4,241 to €772
- Other operating charges +€74
up €74 (+3.0%), from €2,468 to €2,542
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 | €206,312 | €208,114 | +€1,802 | +0.9% |
| Fixed assets | 21/28 | €192,192 | €191,420 | -€772 | -0.4% |
| Tangible fixed assets | 22/27 | €192,130 | €191,358 | -€772 | -0.4% |
| Land and buildings | 22 | €181,461 | €181,184 | -€277 | -0.2% |
| Plant, machinery and equipment | 23 | €10,669 | €10,174 | -€495 | -4.6% |
| Financial fixed assets | 28 | €62 | €62 | = | 0.0% |
| Current assets | 29/58 | €14,120 | €16,694 | +€2,574 | +18.2% |
| Amounts receivable within one year | 40/41 | €1,558 | €3,973 | +€2,415 | +155.0% |
| Trade receivables | 40 | €1,558 | €3,973 | +€2,415 | +155.0% |
| Cash at bank and in hand | 54/58 | €12,255 | €11,481 | -€774 | -6.3% |
| Deferred charges and accrued income | 490/1 | €307 | €1,240 | +€933 | +303.8% |
| Total equity and liabilities | 10/49 | €206,312 | €208,114 | +€1,802 | +0.9% |
| Equity | 10/15 | -€91,639 | -€88,896 | +€2,743 | +3.0% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €12,351 | €12,351 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,926 | €1,926 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,926 | €1,926 | = | 0.0% |
| Distributable reserves | 133 | €10,426 | €10,426 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€153,569 | -€150,826 | +€2,743 | +1.8% |
| Amounts payable | 17/49 | €297,951 | €297,010 | -€941 | -0.3% |
| Amounts payable within one year | 42/48 | €296,039 | €297,000 | +€961 | +0.3% |
| Trade debts | 44 | €1,980 | €2,747 | +€767 | +38.7% |
| Suppliers | 440/4 | €1,980 | €2,747 | +€767 | +38.7% |
| Taxes, remuneration and social security | 45 | €712 | €845 | +€133 | +18.7% |
| Taxes | 450/3 | €712 | €845 | +€133 | +18.7% |
| Other amounts payable | 47/48 | €293,347 | €293,408 | +€61 | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,912 | €9 | -€1,903 | -99.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,241 | €772 | -€3,469 | -81.8% |
| Other operating charges | 640/8 | €2,468 | €2,542 | +€74 | +3.0% |
| Gross operating margin | 9900 | -€1,414 | €6,077 | +€7,490 | |
| Operating profit (loss) | 9901 | -€8,123 | €2,762 | +€10,886 | |
| Financial income | 75/76B | €0 | €55 | +€55 | |
| Recurring financial income | 75 | €0 | €55 | +€55 | |
| Financial charges | 65/66B | €73 | €75 | +€2 | +2.3% |
| Recurring financial charges | 65 | €73 | €75 | +€2 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | -€8,196 | €2,743 | +€10,939 | |
| Profit (loss) for the period | 9904 | -€8,196 | €2,743 | +€10,939 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,196 | €2,743 | +€10,939 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.