Nill Spring: what changed
Two fiscal 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.
Nill Spring
Largest movements
- Current investments +€250,000
up €250,000 (+100.0%), from €250,000 to €500,000
- Cash +€120,628
up €120,628 (+31.6%), from €381,874 to €502,502
mainly Net result for the year (+€397,943) and Depreciation (+€100,663)
- Tangible fixed assets -€91,864
down €91,864 (-19.1%), from €480,065 to €388,201
of which Land and buildings: -€49,632
- Receivables within one year -€18,552
down €18,552 (-11.4%), from €162,526 to €143,974
of which Trade receivables: -€19,633
- Reserves +€330,010
up €330,010 (+32.3%), from €1.0m to €1.4m
of which Distributable reserves: +€182,660
- Trade debts -€55,394
down €55,394 (-64.9%), from €85,299 to €29,906
- Debts after one year -€33,333
down €33,333 (-21.8%), from €152,778 to €119,445
- Other debts +€31,000
up €31,000 (+503.7%), from €6,154 to €37,154
- Gross operating margin +€195,276
up €195,276 (+27.7%), from €705,789 to €901,065
- Taxes +€56,497
up €56,497 (+55.2%), from €102,267 to €158,764
- Staff costs -€13,367
down €13,367 (-5.6%), from €238,081 to €224,713
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 | €1,431,448 | €1,702,924 | +€271,475 | +19.0% |
| Fixed assets | 21/28 | €480,065 | €388,201 | -€91,864 | -19.1% |
| Tangible fixed assets | 22/27 | €480,065 | €388,201 | -€91,864 | -19.1% |
| Land and buildings | 22 | €410,524 | €360,892 | -€49,632 | -12.1% |
| Plant, machinery and equipment | 23 | €55,585 | €24,768 | -€30,816 | -55.4% |
| Furniture and vehicles | 24 | €13,957 | €2,540 | -€11,416 | -81.8% |
| Current assets | 29/58 | €951,383 | €1,314,723 | +€363,340 | +38.2% |
| Stocks and contracts in progress | 3 | €143,837 | €150,560 | +€6,723 | +4.7% |
| Stocks | 30/36 | €143,837 | €150,560 | +€6,723 | +4.7% |
| Amounts receivable within one year | 40/41 | €162,526 | €143,974 | -€18,552 | -11.4% |
| Trade receivables | 40 | €162,520 | €142,887 | -€19,633 | -12.1% |
| Other amounts receivable | 41 | €6 | €1,087 | +€1,081 | +19242.0% |
| Current investments | 50/53 | €250,000 | €500,000 | +€250,000 | +100.0% |
| Cash at bank and in hand | 54/58 | €381,874 | €502,502 | +€120,628 | +31.6% |
| Deferred charges and accrued income | 490/1 | €13,147 | €17,687 | +€4,540 | +34.5% |
| Total equity and liabilities | 10/49 | €1,431,448 | €1,702,924 | +€271,475 | +19.0% |
| Equity | 10/15 | €1,073,971 | €1,398,194 | +€324,223 | +30.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,022,193 | €1,352,204 | +€330,010 | +32.3% |
| Tax-exempt reserves | 132 | - | €147,350 | +€147,350 | |
| Distributable reserves | 133 | €1,022,193 | €1,204,854 | +€182,660 | +17.9% |
| Profit (loss) carried forward | 14 | €2,287 | €2,287 | = | 0.0% |
| Investment grants | 15 | €29,491 | €23,704 | -€5,787 | -19.6% |
| Amounts payable | 17/49 | €357,477 | €304,729 | -€52,748 | -14.8% |
| Amounts payable after more than one year | 17 | €152,778 | €119,445 | -€33,333 | -21.8% |
| Financial debts | 170/4 | €152,778 | €119,445 | -€33,333 | -21.8% |
| Amounts payable within one year | 42/48 | €189,861 | €175,113 | -€14,747 | -7.8% |
| Current portion of amounts payable after more than one year | 42 | €33,333 | €33,333 | = | 0.0% |
| Trade debts | 44 | €85,299 | €29,906 | -€55,394 | -64.9% |
| Suppliers | 440/4 | €85,299 | €29,906 | -€55,394 | -64.9% |
| Taxes, remuneration and social security | 45 | €65,074 | €74,720 | +€9,646 | +14.8% |
| Taxes | 450/3 | €39,591 | €49,164 | +€9,574 | +24.2% |
| Remuneration and social security | 454/9 | €25,483 | €25,555 | +€72 | +0.3% |
| Other amounts payable | 47/48 | €6,154 | €37,154 | +€31,000 | +503.7% |
| Accrued charges and deferred income | 492/3 | €14,839 | €10,172 | -€4,667 | -31.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €238,081 | €224,713 | -€13,367 | -5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €98,950 | €100,663 | +€1,714 | +1.7% |
| Other operating charges | 640/8 | €17,596 | €15,329 | -€2,267 | -12.9% |
| Gross operating margin | 9900 | €705,789 | €901,065 | +€195,276 | +27.7% |
| Operating profit (loss) | 9901 | €351,162 | €560,359 | +€209,196 | +59.6% |
| Financial income | 75/76B | €7,349 | €11,973 | +€4,624 | +62.9% |
| Recurring financial income | 75 | €7,349 | €11,973 | +€4,624 | +62.9% |
| Financial charges | 65/66B | €13,300 | €15,624 | +€2,325 | +17.5% |
| Recurring financial charges | 65 | €13,300 | €15,624 | +€2,325 | +17.5% |
| Profit (loss) for the period before taxes | 9903 | €345,211 | €556,707 | +€211,496 | +61.3% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €102,267 | €158,764 | +€56,497 | +55.2% |
| Profit (loss) for the period | 9904 | €242,944 | €397,943 | +€154,999 | +63.8% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Transfer to tax-exempt reserves | 689 | - | €147,350 | +€147,350 | |
| Profit (loss) for the period to be appropriated | 9905 | €242,944 | €250,593 | +€7,649 | +3.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.