SPRINGAEL: 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.
SPRINGAEL
Largest movements
- Receivables within one year +€16,871
up €16,871 (+124.5%), from €13,556 to €30,427
of which Other amounts receivable: +€20,724
- Cash +€4,421
up €4,421 (+34.8%), from €12,698 to €17,120
mainly Net result for the year (+€17,670) and Tax, wage and social debts (+€2,348)
- Tangible fixed assets +€2,008
up €2,008 (+23.4%), from €8,594 to €10,603
of which Plant, machinery and equipment: +€1,763
- Stocks and contracts -€1,611
down €1,611 (-38.1%), from €4,232 to €2,621
- Reserves +€17,670
up €17,670 (+950.4%), from €1,859 to €19,529
of which Distributable reserves: +€19,529
- Tax, wage and social debts +€2,348
up €2,348 (+123.4%), from €1,903 to €4,251
- Trade debts +€1,670
up €1,670 (+275.2%), from €607 to €2,277
- Taxes +€4,800
new in 2024: €4,800
- Gross operating margin -€1,817
down €1,817 (-6.8%), from €26,729 to €24,912
- Financial income +€813
up €813 (+422.2%), from €193 to €1,006
- Depreciation +€728
up €728 (+77.5%), from €940 to €1,669
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,388 | €61,078 | +€21,689 | +55.1% |
| Fixed assets | 21/28 | €8,902 | €10,910 | +€2,008 | +22.6% |
| Tangible fixed assets | 22/27 | €8,594 | €10,603 | +€2,008 | +23.4% |
| Land and buildings | 22 | €816 | - | -€816 | |
| Plant, machinery and equipment | 23 | - | €1,763 | +€1,763 | |
| Furniture and vehicles | 24 | - | €810 | +€810 | |
| Other tangible fixed assets | 26 | €7,778 | €8,029 | +€252 | +3.2% |
| Financial fixed assets | 28 | €307 | €307 | = | 0.0% |
| Current assets | 29/58 | €30,487 | €50,168 | +€19,681 | +64.6% |
| Stocks and contracts in progress | 3 | €4,232 | €2,621 | -€1,611 | -38.1% |
| Stocks | 30/36 | €4,232 | €2,621 | -€1,611 | -38.1% |
| Amounts receivable within one year | 40/41 | €13,556 | €30,427 | +€16,871 | +124.5% |
| Trade receivables | 40 | €5,560 | €1,707 | -€3,853 | -69.3% |
| Other amounts receivable | 41 | €7,997 | €28,720 | +€20,724 | +259.2% |
| Cash at bank and in hand | 54/58 | €12,698 | €17,120 | +€4,421 | +34.8% |
| Total equity and liabilities | 10/49 | €39,388 | €61,078 | +€21,689 | +55.1% |
| Equity | 10/15 | €35,998 | €53,668 | +€17,670 | +49.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €19,529 | +€17,670 | +950.4% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Distributable reserves | 133 | - | €19,529 | +€19,529 | |
| Profit (loss) carried forward | 14 | €15,547 | €15,547 | = | 0.0% |
| Amounts payable | 17/49 | €3,391 | €7,409 | +€4,019 | +118.5% |
| Amounts payable within one year | 42/48 | €3,391 | €7,409 | +€4,019 | +118.5% |
| Financial debts | 43 | €881 | €882 | +€1 | +0.1% |
| Credit institutions | 430/8 | €881 | €882 | +€1 | +0.1% |
| Trade debts | 44 | €607 | €2,277 | +€1,670 | +275.2% |
| Suppliers | 440/4 | €607 | €2,277 | +€1,670 | +275.2% |
| Taxes, remuneration and social security | 45 | €1,903 | €4,251 | +€2,348 | +123.4% |
| Taxes | 450/3 | €1,903 | €4,251 | +€2,348 | +123.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €940 | €1,669 | +€728 | +77.5% |
| Other operating charges | 640/8 | €708 | €602 | -€106 | -15.0% |
| Gross operating margin | 9900 | €26,729 | €24,912 | -€1,817 | -6.8% |
| Operating profit (loss) | 9901 | €25,081 | €22,642 | -€2,439 | -9.7% |
| Financial income | 75/76B | €193 | €1,006 | +€813 | +422.2% |
| Recurring financial income | 75 | €193 | €1,006 | +€813 | +422.2% |
| Financial charges | 65/66B | €1,358 | €1,178 | -€181 | -13.3% |
| Recurring financial charges | 65 | €1,358 | €1,178 | -€181 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €23,915 | €22,470 | -€1,445 | -6.0% |
| Income taxes | 67/77 | - | €4,800 | +€4,800 | |
| Profit (loss) for the period | 9904 | €23,915 | €17,670 | -€6,245 | -26.1% |
| Profit (loss) for the period to be appropriated | 9905 | €23,915 | €17,670 | -€6,245 | -26.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.