IMMO VANSPRINGEL: 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.
IMMO VANSPRINGEL
Largest movements
- Tangible fixed assets -€79,931
down €79,931 (-6.4%), from €1.2m to €1.2m
- Receivables within one year -€61,261
down €61,261 (-12.7%), from €482,318 to €421,057
of which Trade receivables: -€57,749
- Cash +€44,254
up €44,254 (+103%), from €42,815 to €87,069
mainly Depreciation (+€79,931) and Receivables within one year (+€61,261)
- Profit (loss) carried forward -€59,231
down €59,231 (-17.0%), from €347,948 to €288,717
- Current portion of long-term debt -€21,095
down €21,095 (-69.6%), from €30,300 to €9,205
- Depreciation +€55,769
up €55,769 (+231%), from €24,162 to €79,931
- Financial charges +€20,794
up €20,794 (+188%), from €11,074 to €31,867
- Financial income +€6,150
up €6,150 (+615%), from €1,000 to €7,150
- Taxes -€3,607
no longer reported in 2025 (was €3,607)
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 | €1,774,892 | €1,677,955 | -€96,938 | -5.5% |
| Fixed assets | 21/28 | €1,249,080 | €1,169,149 | -€79,931 | -6.4% |
| Tangible fixed assets | 22/27 | €1,248,956 | €1,169,025 | -€79,931 | -6.4% |
| Land and buildings | 22 | €1,248,956 | €1,169,025 | -€79,931 | -6.4% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €525,812 | €508,805 | -€17,007 | -3.2% |
| Amounts receivable within one year | 40/41 | €482,318 | €421,057 | -€61,261 | -12.7% |
| Trade receivables | 40 | €132,049 | €74,299 | -€57,749 | -43.7% |
| Other amounts receivable | 41 | €350,269 | €346,758 | -€3,511 | -1.0% |
| Cash at bank and in hand | 54/58 | €42,815 | €87,069 | +€44,254 | +103% |
| Deferred charges and accrued income | 490/1 | €680 | €680 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,774,892 | €1,677,955 | -€96,938 | -5.5% |
| Equity | 10/15 | €916,493 | €857,262 | -€59,231 | -6.5% |
| Contributions | 10/11 | €524,747 | €524,747 | = | 0.0% |
| Reserves | 13 | €43,798 | €43,798 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,475 | €7,475 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,475 | €7,475 | = | 0.0% |
| Distributable reserves | 133 | €36,323 | €36,323 | = | 0.0% |
| Profit (loss) carried forward | 14 | €347,948 | €288,717 | -€59,231 | -17.0% |
| Amounts payable | 17/49 | €858,399 | €820,693 | -€37,706 | -4.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €858,399 | €820,693 | -€37,706 | -4.4% |
| Current portion of amounts payable after more than one year | 42 | €30,300 | €9,205 | -€21,095 | -69.6% |
| Trade debts | 44 | €1,800 | - | -€1,800 | |
| Suppliers | 440/4 | €1,800 | - | -€1,800 | |
| Taxes, remuneration and social security | 45 | €1,299 | - | -€1,299 | |
| Taxes | 450/3 | €1,299 | - | -€1,299 | |
| Other amounts payable | 47/48 | €825,000 | €811,488 | -€13,512 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,162 | €79,931 | +€55,769 | +231% |
| Other operating charges | 640/8 | €10,873 | €11,232 | +€359 | +3.3% |
| Gross operating margin | 9900 | €56,530 | €56,649 | +€119 | +0.2% |
| Operating profit (loss) | 9901 | €21,495 | -€34,514 | -€56,009 | |
| Financial income | 75/76B | €1,000 | €7,150 | +€6,150 | +615% |
| Recurring financial income | 75 | €1,000 | €7,150 | +€6,150 | +615% |
| Financial charges | 65/66B | €11,074 | €31,867 | +€20,794 | +188% |
| Recurring financial charges | 65 | €11,074 | €31,867 | +€20,794 | +188% |
| Profit (loss) for the period before taxes | 9903 | €11,421 | -€59,231 | -€70,652 | |
| Income taxes | 67/77 | €3,607 | - | -€3,607 | |
| Profit (loss) for the period | 9904 | €7,815 | -€59,231 | -€67,046 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,815 | -€59,231 | -€67,046 |
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 28 October 2026 via checked.be.