SPRINGRID: 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.
SPRINGRID
Largest movements
- Receivables within one year +€310,617
up €310,617 (+2055.4%), from €15,112 to €325,730
of which Other amounts receivable: +€313,662
- Stocks and contracts -€300,867
down €300,867 (-100.0%), from €300,867 to €0
- Cash -€21,957
down €21,957 (-89.9%), from €24,419 to €2,462
mainly Receivables within one year (-€310,617) and Advances received (-€25,000)
- Deferred charges and accrued income -€3,639
down €3,639 (-100.0%), from €3,639 to €0
- Profit (loss) carried forward +€38,326
up €38,326 (+19.3%), from -€198,576 to -€160,250
- Advances received -€25,000
down €25,000 (-100.0%), from €25,000 to €0
- Tax, wage and social debts -€11,431
down €11,431 (-100.0%), from €11,431 to €0
of which Taxes: -€11,431
- Current portion of long-term debt -€10,898
down €10,898 (-61.8%), from €17,644 to €6,746
- Debts after one year -€7,653
down €7,653 (-3.7%), from €204,769 to €197,115
- Depreciation -€6,595
down €6,595 (-95.2%), from €6,926 to €331
- Gross operating margin +€2,936
up €2,936 (+5.9%), from €49,406 to €52,342
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 | €347,889 | €329,530 | -€18,360 | -5.3% |
| Fixed assets | 21/28 | €3,852 | €1,338 | -€2,514 | -65.3% |
| Intangible fixed assets | 21 | €1,074 | €0 | -€1,074 | -100.0% |
| Tangible fixed assets | 22/27 | €2,778 | €1,338 | -€1,441 | -51.9% |
| Land and buildings | 22 | €1,203 | €0 | -€1,203 | -100.0% |
| Plant, machinery and equipment | 23 | €1,255 | €0 | -€1,255 | -100.0% |
| Furniture and vehicles | 24 | €321 | €1,338 | +€1,017 | +317.3% |
| Current assets | 29/58 | €344,037 | €328,192 | -€15,845 | -4.6% |
| Stocks and contracts in progress | 3 | €300,867 | €0 | -€300,867 | -100.0% |
| Stocks | 30/36 | €300,867 | €0 | -€300,867 | -100.0% |
| Amounts receivable within one year | 40/41 | €15,112 | €325,730 | +€310,617 | +2055.4% |
| Trade receivables | 40 | €12,889 | €9,845 | -€3,044 | -23.6% |
| Other amounts receivable | 41 | €2,223 | €315,885 | +€313,662 | +14110.0% |
| Cash at bank and in hand | 54/58 | €24,419 | €2,462 | -€21,957 | -89.9% |
| Deferred charges and accrued income | 490/1 | €3,639 | €0 | -€3,639 | -100.0% |
| Total equity and liabilities | 10/49 | €347,889 | €329,530 | -€18,360 | -5.3% |
| Equity | 10/15 | €80,226 | €118,552 | +€38,326 | +47.8% |
| Contributions | 10/11 | €180,000 | €180,000 | = | 0.0% |
| Reserves | 13 | €98,802 | €98,802 | = | 0.0% |
| Distributable reserves | 133 | €98,802 | €98,802 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€198,576 | -€160,250 | +€38,326 | +19.3% |
| Amounts payable | 17/49 | €267,663 | €210,978 | -€56,685 | -21.2% |
| Amounts payable after more than one year | 17 | €204,769 | €197,115 | -€7,653 | -3.7% |
| Financial debts | 170/4 | €204,769 | €197,115 | -€7,653 | -3.7% |
| Amounts payable within one year | 42/48 | €62,895 | €13,863 | -€49,032 | -78.0% |
| Current portion of amounts payable after more than one year | 42 | €17,644 | €6,746 | -€10,898 | -61.8% |
| Trade debts | 44 | €8,820 | €2,908 | -€5,912 | -67.0% |
| Suppliers | 440/4 | €8,820 | €2,908 | -€5,912 | -67.0% |
| Advances received on contracts in progress | 46 | €25,000 | €0 | -€25,000 | -100.0% |
| Taxes, remuneration and social security | 45 | €11,431 | €0 | -€11,431 | -100.0% |
| Taxes | 450/3 | €11,431 | €0 | -€11,431 | -100.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | €4,209 | +€4,209 | |
| Non-recurring operating income | 76A | - | €376,026 | +€376,026 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,926 | €331 | -€6,595 | -95.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €2,460 | €1,949 | -€511 | -20.8% |
| Gross operating margin | 9900 | €49,406 | €52,342 | +€2,936 | +5.9% |
| Operating profit (loss) | 9901 | €40,020 | €50,062 | +€10,042 | +25.1% |
| Financial income | 75/76B | €9 | €502 | +€493 | +5471.3% |
| Recurring financial income | 75 | €9 | €502 | +€493 | +5471.3% |
| Financial charges | 65/66B | €11,905 | €12,238 | +€334 | +2.8% |
| Recurring financial charges | 65 | €11,905 | €12,238 | +€334 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €28,125 | €38,326 | +€10,201 | +36.3% |
| Profit (loss) for the period | 9904 | €28,125 | €38,326 | +€10,201 | +36.3% |
| Profit (loss) for the period to be appropriated | 9905 | €28,125 | €38,326 | +€10,201 | +36.3% |
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 6 October 2026 via checked.be.