SPRANGERS: 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.
SPRANGERS
Largest movements
- Current investments -€900,000
down €900,000 (-100%), from €900,000 to €0
- Tangible fixed assets +€847,166
up €847,166 (+39.2%), from €2.2m to €3.0m
of which Land and buildings: +€575,537
- Cash +€370,790
up €370,790 (+72.9%), from €508,616 to €879,406
mainly Current investments (+€900,000) and Depreciation (+€653,342)
- Reserves +€270,461
up €270,461 (+10.7%), from €2.5m to €2.8m
of which Distributable reserves: +€157,151
- Debts after one year +€160,028
up €160,028 (+20.2%), from €793,953 to €953,981
- Tax, wage and social debts -€95,594
down €95,594 (-66.8%), from €143,161 to €47,566
of which Remuneration and social security: -€62,501
- Other debts -€94,045
down €94,045 (-19.1%), from €491,370 to €397,325
- Current portion of long-term debt +€89,025
up €89,025 (+16.9%), from €525,284 to €614,309
- Financial income -€277,623
down €277,623 (-97.2%), from €285,754 to €8,131
of which Financial income: -€277,623
- Taxes -€134,161
down €134,161 (-55.1%), from €243,463 to €109,302
- Gross operating margin +€68,464
up €68,464 (+3.3%), from €2.1m to €2.1m
- Depreciation +€42,955
up €42,955 (+7.0%), from €610,387 to €653,342
- Financial charges +€21,328
up €21,328 (+70.1%), from €30,446 to €51,773
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 | €4,995,022 | €5,330,607 | +€335,584 | +6.7% |
| Fixed assets | 21/28 | €3,015,952 | €3,863,253 | +€847,301 | +28.1% |
| Tangible fixed assets | 22/27 | €2,162,442 | €3,009,608 | +€847,166 | +39.2% |
| Land and buildings | 22 | €575,927 | €1,151,464 | +€575,537 | +99.9% |
| Plant, machinery and equipment | 23 | €1,557,330 | €1,765,011 | +€207,681 | +13.3% |
| Furniture and vehicles | 24 | €29,185 | €93,134 | +€63,949 | +219% |
| Financial fixed assets | 28 | €853,510 | €853,645 | +€135 | 0.0% |
| Current assets | 29/58 | €1,979,071 | €1,467,354 | -€511,717 | -25.9% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €545,663 | €574,969 | +€29,306 | +5.4% |
| Trade receivables | 40 | €515,785 | €472,376 | -€43,409 | -8.4% |
| Other amounts receivable | 41 | €29,879 | €102,594 | +€72,715 | +243% |
| Current investments | 50/53 | €900,000 | €0 | -€900,000 | -100% |
| Cash at bank and in hand | 54/58 | €508,616 | €879,406 | +€370,790 | +72.9% |
| Deferred charges and accrued income | 490/1 | €24,792 | €12,978 | -€11,814 | -47.7% |
| Total equity and liabilities | 10/49 | €4,995,022 | €5,330,607 | +€335,584 | +6.7% |
| Equity | 10/15 | €2,584,009 | €2,854,470 | +€270,461 | +10.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €2,522,009 | €2,792,470 | +€270,461 | +10.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €238,505 | €351,815 | +€113,310 | +47.5% |
| Distributable reserves | 133 | €2,277,304 | €2,434,455 | +€157,151 | +6.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €93,372 | €129,906 | +€36,534 | +39.1% |
| Deferred taxes | 168 | €93,372 | €129,906 | +€36,534 | +39.1% |
| Amounts payable | 17/49 | €2,317,642 | €2,346,231 | +€28,589 | +1.2% |
| Amounts payable after more than one year | 17 | €793,953 | €953,981 | +€160,028 | +20.2% |
| Financial debts | 170/4 | €793,953 | €953,981 | +€160,028 | +20.2% |
| Amounts payable within one year | 42/48 | €1,512,579 | €1,382,400 | -€130,179 | -8.6% |
| Current portion of amounts payable after more than one year | 42 | €525,284 | €614,309 | +€89,025 | +16.9% |
| Financial debts | 43 | €31,780 | €33,784 | +€2,004 | +6.3% |
| Other loans | 439 | €31,780 | €33,784 | +€2,004 | +6.3% |
| Trade debts | 44 | €320,984 | €289,415 | -€31,569 | -9.8% |
| Suppliers | 440/4 | €320,984 | €289,415 | -€31,569 | -9.8% |
| Taxes, remuneration and social security | 45 | €143,161 | €47,566 | -€95,594 | -66.8% |
| Taxes | 450/3 | €40,003 | €6,910 | -€33,093 | -82.7% |
| Remuneration and social security | 454/9 | €103,158 | €40,656 | -€62,501 | -60.6% |
| Other amounts payable | 47/48 | €491,370 | €397,325 | -€94,045 | -19.1% |
| Accrued charges and deferred income | 492/3 | €11,109 | €9,850 | -€1,259 | -11.3% |
| Non-recurring operating income | 76A | €92,345 | €184,500 | +€92,155 | +99.8% |
| Remuneration, social security and pensions | 62 | €716,934 | €700,635 | -€16,299 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €610,387 | €653,342 | +€42,955 | +7.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €50,806 | €48,146 | -€2,660 | -5.2% |
| Gross operating margin | 9900 | €2,051,598 | €2,120,062 | +€68,464 | +3.3% |
| Operating profit (loss) | 9901 | €673,471 | €717,939 | +€44,469 | +6.6% |
| Financial income | 75/76B | €285,754 | €8,131 | -€277,623 | -97.2% |
| Recurring financial income | 75 | €285,754 | €8,131 | -€277,623 | -97.2% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €30,446 | €51,773 | +€21,328 | +70.1% |
| Recurring financial charges | 65 | €30,446 | €51,773 | +€21,328 | +70.1% |
| Profit (loss) for the period before taxes | 9903 | €928,779 | €674,297 | -€254,482 | -27.4% |
| Transfer from deferred taxes | 780 | €21,481 | €9,591 | -€11,890 | -55.4% |
| Transfer to deferred taxes | 680 | €20,063 | €46,125 | +€26,063 | +130% |
| Income taxes | 67/77 | €243,463 | €109,302 | -€134,161 | -55.1% |
| Profit (loss) for the period | 9904 | €686,735 | €528,461 | -€158,274 | -23.0% |
| Transfer from tax-exempt reserves | 789 | €60,736 | €25,065 | -€35,671 | -58.7% |
| Transfer to tax-exempt reserves | 689 | €60,188 | €138,375 | +€78,188 | +130% |
| Profit (loss) for the period to be appropriated | 9905 | €687,283 | €415,151 | -€272,132 | -39.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.