MySpring Co: 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.
MySpring Co
Largest movements
- Cash -€89,257
down €89,257 (-65.7%), from €135,773 to €46,516
mainly Contributions, distributions and other (-€86,000) and Deferred charges and accrued income (-€8,245)
- Deferred charges and accrued income +€8,245
up €8,245 (+140%), from €5,887 to €14,132
- Receivables within one year +€1,645
up €1,645 (+12.5%), from €13,165 to €14,809
of which Trade receivables: +€1,513
- Profit (loss) carried forward -€73,424
down €73,424 (-85.3%), from €86,077 to €12,654
- Tax, wage and social debts -€2,993
down €2,993 (-30.5%), from €9,814 to €6,822
of which Remuneration and social security: -€3,291
- Gross operating margin -€81,379
down €81,379 (-80.4%), from €101,174 to €19,795
- Other operating charges -€14,935
down €14,935 (-87.9%), from €16,981 to €2,047
- Taxes -€13,098
down €13,098 (-75.7%), from €17,295 to €4,196
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 | €155,240 | €76,849 | -€78,391 | -50.5% |
| Formation expenses | 20 | €415 | €248 | -€167 | -40.2% |
| Fixed assets | 21/28 | €0 | €1,143 | +€1,143 | |
| Tangible fixed assets | 22/27 | €0 | €1,143 | +€1,143 | |
| Plant, machinery and equipment | 23 | - | €1,143 | +€1,143 | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €154,825 | €75,457 | -€79,367 | -51.3% |
| Amounts receivable within one year | 40/41 | €13,165 | €14,809 | +€1,645 | +12.5% |
| Trade receivables | 40 | €10,588 | €12,100 | +€1,513 | +14.3% |
| Other amounts receivable | 41 | €2,577 | €2,709 | +€132 | +5.1% |
| Cash at bank and in hand | 54/58 | €135,773 | €46,516 | -€89,257 | -65.7% |
| Deferred charges and accrued income | 490/1 | €5,887 | €14,132 | +€8,245 | +140% |
| Total equity and liabilities | 10/49 | €155,240 | €76,849 | -€78,391 | -50.5% |
| Equity | 10/15 | €141,077 | €67,654 | -€73,424 | -52.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €50,000 | = | 0.0% |
| Distributable reserves | 133 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €86,077 | €12,654 | -€73,424 | -85.3% |
| Amounts payable | 17/49 | €14,163 | €9,195 | -€4,967 | -35.1% |
| Amounts payable within one year | 42/48 | €14,163 | €9,195 | -€4,967 | -35.1% |
| Current portion of amounts payable after more than one year | 42 | €2,792 | €1,667 | -€1,125 | -40.3% |
| Trade debts | 44 | €1,556 | €707 | -€849 | -54.6% |
| Suppliers | 440/4 | €1,556 | €707 | -€849 | -54.6% |
| Taxes, remuneration and social security | 45 | €9,814 | €6,822 | -€2,993 | -30.5% |
| Taxes | 450/3 | €6,524 | €6,822 | +€298 | +4.6% |
| Remuneration and social security | 454/9 | €3,291 | €0 | -€3,291 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €540 | €204 | -€335 | -62.1% |
| Other operating charges | 640/8 | €16,981 | €2,047 | -€14,935 | -87.9% |
| Gross operating margin | 9900 | €101,174 | €19,795 | -€81,379 | -80.4% |
| Operating profit (loss) | 9901 | €83,653 | €17,544 | -€66,109 | -79.0% |
| Financial income | 75/76B | €11 | €1 | -€10 | -90.9% |
| Recurring financial income | 75 | €11 | €1 | -€10 | -90.9% |
| Financial charges | 65/66B | €830 | €772 | -€58 | -7.0% |
| Recurring financial charges | 65 | €830 | €772 | -€58 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €82,834 | €16,773 | -€66,062 | -79.8% |
| Income taxes | 67/77 | €17,295 | €4,196 | -€13,098 | -75.7% |
| Profit (loss) for the period | 9904 | €65,540 | €12,576 | -€52,963 | -80.8% |
| Profit (loss) for the period to be appropriated | 9905 | €65,540 | €12,576 | -€52,963 | -80.8% |
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 26 October 2026 via checked.be.