SPRING Services: 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.
SPRING Services
Largest movements
- Current investments -€600,000
no longer reported in 2025 (was €600,000)
- Cash +€549,254
up €549,254 (+796%), from €68,988 to €618,242
mainly Current investments (+€600,000) and Deferred charges and accrued income (+€24,226)
- Deferred charges and accrued income -€24,226
down €24,226 (-96.1%), from €25,216 to €990
- Stocks and contracts -€7,500
down €7,500 (-91.5%), from €8,200 to €700
- Reserves -€74,837
down €74,837 (-11.3%), from €659,619 to €584,782
- Financial income -€15,556
down €15,556 (-68.4%), from €22,758 to €7,202
- Gross operating margin +€4,983
up €4,983 (+6.5%), from -€76,355 to -€71,372
- Write-downs +€1,691
new in 2025: €1,691
- Financial charges +€958
up €958 (+348%), from €276 to €1,234
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 | €732,346 | €649,816 | -€82,530 | -11.3% |
| Fixed assets | 21/28 | €9,207 | €2,914 | -€6,292 | -68.3% |
| Tangible fixed assets | 22/27 | €9,207 | €2,914 | -€6,292 | -68.3% |
| Plant, machinery and equipment | 23 | €1,228 | €580 | -€649 | -52.8% |
| Furniture and vehicles | 24 | €7,979 | €2,335 | -€5,644 | -70.7% |
| Current assets | 29/58 | €723,139 | €646,902 | -€76,238 | -10.5% |
| Stocks and contracts in progress | 3 | €8,200 | €700 | -€7,500 | -91.5% |
| Stocks | 30/36 | €8,200 | €700 | -€7,500 | -91.5% |
| Amounts receivable within one year | 40/41 | €20,735 | €26,970 | +€6,235 | +30.1% |
| Trade receivables | 40 | €5,537 | €4,451 | -€1,085 | -19.6% |
| Other amounts receivable | 41 | €15,199 | €22,519 | +€7,320 | +48.2% |
| Current investments | 50/53 | €600,000 | - | -€600,000 | |
| Cash at bank and in hand | 54/58 | €68,988 | €618,242 | +€549,254 | +796% |
| Deferred charges and accrued income | 490/1 | €25,216 | €990 | -€24,226 | -96.1% |
| Total equity and liabilities | 10/49 | €732,346 | €649,816 | -€82,530 | -11.3% |
| Equity | 10/15 | €719,619 | €644,782 | -€74,837 | -10.4% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €659,619 | €584,782 | -€74,837 | -11.3% |
| Distributable reserves | 133 | €659,619 | €584,782 | -€74,837 | -11.3% |
| Amounts payable | 17/49 | €12,727 | €5,034 | -€7,693 | -60.4% |
| Amounts payable within one year | 42/48 | €5,893 | €4,606 | -€1,287 | -21.8% |
| Financial debts | 43 | €1,964 | €19 | -€1,945 | -99.1% |
| Credit institutions | 430/8 | €1,964 | €19 | -€1,945 | -99.1% |
| Trade debts | 44 | €3,920 | €4,368 | +€447 | +11.4% |
| Suppliers | 440/4 | €3,920 | €4,368 | +€447 | +11.4% |
| Taxes, remuneration and social security | 45 | - | €220 | +€220 | |
| Taxes | 450/3 | - | €220 | +€220 | |
| Other amounts payable | 47/48 | €9 | - | -€9 | |
| Accrued charges and deferred income | 492/3 | €6,834 | €428 | -€6,406 | -93.7% |
| Remuneration, social security and pensions | 62 | €3 | - | -€3 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,995 | €6,292 | -€703 | -10.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,691 | +€1,691 | |
| Other operating charges | 640/8 | €1,698 | €1,160 | -€538 | -31.7% |
| Non-recurring operating charges | 66A | €572 | - | -€572 | |
| Gross operating margin | 9900 | -€76,355 | -€71,372 | +€4,983 | +6.5% |
| Operating profit (loss) | 9901 | -€85,623 | -€80,516 | +€5,107 | +6.0% |
| Financial income | 75/76B | €22,758 | €7,202 | -€15,556 | -68.4% |
| Recurring financial income | 75 | €22,758 | €7,202 | -€15,556 | -68.4% |
| Financial charges | 65/66B | €276 | €1,234 | +€958 | +348% |
| Recurring financial charges | 65 | €276 | €1,234 | +€958 | +348% |
| Profit (loss) for the period before taxes | 9903 | -€63,141 | -€74,548 | -€11,407 | -18.1% |
| Income taxes | 67/77 | €274 | €289 | +€15 | +5.6% |
| Profit (loss) for the period | 9904 | -€63,415 | -€74,837 | -€11,422 | -18.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€63,415 | -€74,837 | -€11,422 | -18.0% |
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.