Springbok Group: 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.
What changed
Springbok Group
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€20,159
2024 · €57,238-€37,080
Equity
€20.8m
2024 · €20.8m+€20,159
Cash
€11,906
2024 · €23,632-€11,726
Balance sheet total
€26.5m
2024 · €26.8m-€287,654
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Current portion of long-term debt -€2.1m
down €2.1m (-80.8%), from €2.6m to €500,000
- Other debts +€2.0m
up €2.0m (+177%), from €1.2m to €3.2m
- Debts after one year +€775,000
up €775,000 (+388%), from €200,000 to €975,000
- Accrued charges and deferred income -€605,801
no longer reported in 2025 (was €605,801)
- Trade debts -€418,459
down €418,459 (-32.9%), from €1.3m to €854,080
Income statement
- Turnover -€467,178
down €467,178 (-11.0%), from €4.2m to €3.8m
- Services and other goods -€458,920
down €458,920 (-12.9%), from €3.6m to €3.1m
- Financial income -€209,718
down €209,718 (-47.4%), from €442,846 to €233,128
of which Financial income: -€178,965
- Financial charges -€145,774
down €145,774 (-50.3%), from €290,009 to €144,235
- Staff costs -€126,307
down €126,307 (-15.6%), from €809,802 to €683,495
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.
Result 2024
€57,238
Turnover
-€467,178
Other operating income
+€12,920
Services and other goods
+€458,920
Staff costs
+€126,307
Depreciation
-€27,755
Other operating charges
-€6,080
Other operating items
-€74,895
Financial income
-€209,718
Financial charges
+€145,774
Taxes
+€4,624
Result 2025
€20,159
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.4m
Investment
-€49,436
Financing
-€1.3m
Cash 2024
€23,632
From operations (derived)
+€1.4m
Net result for the year
+€20,159
Depreciation
+€108,099
Receivables within one year
+€241,484
Deferred charges and accrued income
-€24,219
Trade debts
-€418,459
Tax, wage and social debts
+€6,700
Other debts
+€2.0m
Accrued charges and deferred income
-€605,801
Investment (derived)
-€49,436
Investment in fixed assets (net)
-€49,436
Financing
-€1.3m
Debts after one year
+€775,000
Current portion of long-term debt
-€2.1m
Cash 2025
€11,906
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,762,105 | €26,474,452 | -€287,654 | -1.1% |
| Fixed assets | 21/28 | €25,895,138 | €25,836,475 | -€58,663 | -0.2% |
| Intangible fixed assets | 21 | €108,487 | €85,779 | -€22,707 | -20.9% |
| Tangible fixed assets | 22/27 | €156,592 | €120,636 | -€35,956 | -23.0% |
| Plant, machinery and equipment | 23 | €12,743 | €6,013 | -€6,730 | -52.8% |
| Furniture and vehicles | 24 | €143,849 | €114,623 | -€29,226 | -20.3% |
| Financial fixed assets | 28 | €25,630,060 | €25,630,060 | = | 0.0% |
| Affiliated companies | 280/1 | €25,630,060 | €25,630,060 | = | 0.0% |
| Participating interests | 280 | €18,554,060 | €18,554,060 | = | 0.0% |
| Amounts receivable | 281 | €7,076,000 | €7,076,000 | = | 0.0% |
| Current assets | 29/58 | €866,967 | €637,976 | -€228,990 | -26.4% |
| Amounts receivable within one year | 40/41 | €610,602 | €369,117 | -€241,484 | -39.5% |
| Trade receivables | 40 | €598,385 | €354,873 | -€243,512 | -40.7% |
| Other amounts receivable | 41 | €12,217 | €14,244 | +€2,027 | +16.6% |
| Cash at bank and in hand | 54/58 | €23,632 | €11,906 | -€11,726 | -49.6% |
| Deferred charges and accrued income | 490/1 | €232,733 | €256,953 | +€24,219 | +10.4% |
| Total equity and liabilities | 10/49 | €26,762,105 | €26,474,452 | -€287,654 | -1.1% |
| Equity | 10/15 | €20,786,477 | €20,806,636 | +€20,159 | +0.1% |
| Contributions | 10/11 | €20,000,000 | €20,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €786,477 | €806,636 | +€20,159 | +2.6% |
| Amounts payable | 17/49 | €5,975,628 | €5,667,816 | -€307,812 | -5.2% |
| Amounts payable after more than one year | 17 | €200,000 | €975,000 | +€775,000 | +388% |
| Financial debts | 170/4 | €200,000 | €975,000 | +€775,000 | +388% |
| Credit institutions | 173 | €200,000 | €975,000 | +€775,000 | +388% |
| Amounts payable within one year | 42/48 | €5,169,827 | €4,692,816 | -€477,011 | -9.2% |
| Current portion of amounts payable after more than one year | 42 | €2,600,000 | €500,000 | -€2.1m | -80.8% |
| Trade debts | 44 | €1,272,539 | €854,080 | -€418,459 | -32.9% |
| Suppliers | 440/4 | €1,272,539 | €854,080 | -€418,459 | -32.9% |
| Taxes, remuneration and social security | 45 | €147,079 | €153,778 | +€6,700 | +4.6% |
| Taxes | 450/3 | €21,736 | €38,869 | +€17,133 | +78.8% |
| Remuneration and social security | 454/9 | €125,343 | €114,910 | -€10,433 | -8.3% |
| Other amounts payable | 47/48 | €1,150,210 | €3,184,958 | +€2.0m | +177% |
| Accrued charges and deferred income | 492/3 | €605,801 | - | -€605,801 | |
| Operating income | 70/76A | €4,398,329 | €3,944,071 | -€454,258 | -10.3% |
| Turnover | 70 | €4,233,711 | €3,766,533 | -€467,178 | -11.0% |
| Other operating income | 74 | €164,617 | €177,537 | +€12,920 | +7.8% |
| Operating charges | 60/66A | €4,472,101 | €3,995,603 | -€476,498 | -10.7% |
| Services and other goods | 61 | €3,553,183 | €3,094,263 | -€458,920 | -12.9% |
| Remuneration, social security and pensions | 62 | €809,802 | €683,495 | -€126,307 | -15.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,345 | €108,099 | +€27,755 | +34.5% |
| Other operating charges | 640/8 | €28,771 | €34,851 | +€6,080 | +21.1% |
| Non-recurring operating charges | 66A | - | €74,895 | +€74,895 | |
| Operating profit (loss) | 9901 | -€73,772 | -€51,532 | +€22,240 | +30.1% |
| Financial income | 75/76B | €442,846 | €233,128 | -€209,718 | -47.4% |
| Recurring financial income | 75 | €412,093 | €233,128 | -€178,965 | -43.4% |
| Income from current assets | 751 | €400,239 | €232,345 | -€167,895 | -41.9% |
| Other financial income | 752/9 | €11,854 | €783 | -€11,071 | -93.4% |
| Non-recurring financial income | 76B | €30,752 | - | -€30,752 | |
| Financial charges | 65/66B | €290,009 | €144,235 | -€145,774 | -50.3% |
| Recurring financial charges | 65 | €290,009 | €144,235 | -€145,774 | -50.3% |
| Debt charges | 650 | €287,592 | €134,356 | -€153,236 | -53.3% |
| Other financial charges | 652/9 | €2,417 | €9,879 | +€7,462 | +309% |
| Profit (loss) for the period before taxes | 9903 | €79,065 | €37,361 | -€41,704 | -52.7% |
| Income taxes | 67/77 | €21,826 | €17,202 | -€4,624 | -21.2% |
| Taxes | 670/3 | €21,826 | €17,202 | -€4,624 | -21.2% |
| Profit (loss) for the period | 9904 | €57,238 | €20,159 | -€37,080 | -64.8% |
| Profit (loss) for the period to be appropriated | 9905 | €57,238 | €20,159 | -€37,080 | -64.8% |
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 20 October 2026 via checked.be.