Max Springkastelen: 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.
Max Springkastelen
Largest movements
- Tangible fixed assets -€2,602
down €2,602 (-23.2%), from €11,229 to €8,627
of which Plant, machinery and equipment: -€1,700
- Receivables within one year -€685
no longer reported in 2025 (was €685)
- Profit (loss) carried forward -€3,556
down €3,556 (-85.8%), from -€4,142 to -€7,698
- Other debts +€1,020
up €1,020 (+6.7%), from €15,172 to €16,192
- Advances received -€685
no longer reported in 2025 (was €685)
- Gross operating margin +€1,926
up €1,926 (+86.2%), from -€2,234 to -€308
- Depreciation +€820
up €820 (+46.0%), from €1,783 to €2,602
- Other operating charges +€397
new in 2025: €397
- Financial charges +€123
up €123 (+98.4%), from €125 to €248
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 | €12,715 | €9,494 | -€3,221 | -25.3% |
| Fixed assets | 21/28 | €11,229 | €8,627 | -€2,602 | -23.2% |
| Tangible fixed assets | 22/27 | €11,229 | €8,627 | -€2,602 | -23.2% |
| Plant, machinery and equipment | 23 | €7,139 | €5,439 | -€1,700 | -23.8% |
| Furniture and vehicles | 24 | €4,090 | €3,188 | -€902 | -22.1% |
| Current assets | 29/58 | €1,486 | €868 | -€618 | -41.6% |
| Amounts receivable within one year | 40/41 | €685 | - | -€685 | |
| Trade receivables | 40 | €685 | - | -€685 | |
| Cash at bank and in hand | 54/58 | €801 | €868 | +€67 | +8.3% |
| Total equity and liabilities | 10/49 | €12,715 | €9,494 | -€3,221 | -25.3% |
| Equity | 10/15 | -€3,142 | -€6,698 | -€3,556 | -113% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,142 | -€7,698 | -€3,556 | -85.8% |
| Amounts payable | 17/49 | €15,857 | €16,192 | +€335 | +2.1% |
| Amounts payable within one year | 42/48 | €15,857 | €16,192 | +€335 | +2.1% |
| Advances received on contracts in progress | 46 | €685 | - | -€685 | |
| Other amounts payable | 47/48 | €15,172 | €16,192 | +€1,020 | +6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,783 | €2,602 | +€820 | +46.0% |
| Other operating charges | 640/8 | - | €397 | +€397 | |
| Gross operating margin | 9900 | -€2,234 | -€308 | +€1,926 | +86.2% |
| Operating profit (loss) | 9901 | -€4,017 | -€3,308 | +€709 | +17.7% |
| Financial charges | 65/66B | €125 | €248 | +€123 | +98.4% |
| Recurring financial charges | 65 | €125 | €248 | +€123 | +98.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,142 | -€3,556 | +€586 | +14.2% |
| Profit (loss) for the period | 9904 | -€4,142 | -€3,556 | +€586 | +14.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,142 | -€3,556 | +€586 | +14.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.