SPRINGSTAL dEN DOELDER: what changed
SPRINGSTAL dEN DOELDER
Largest movements
- Receivables within one year +€49,751
up €49,751 (+174%), from €28,546 to €78,298
of which Trade receivables: +€40,484
- Cash -€18,196
down €18,196 (-35.0%), from €52,031 to €33,834
mainly Receivables within one year (-€49,751) and Net result for the year (-€2,873)
- Tangible fixed assets -€12,161
down €12,161 (-78.8%), from €15,429 to €3,267
- Deferred charges and accrued income -€4,012
down €4,012 (-29.2%), from €13,756 to €9,744
- Tax, wage and social debts +€9,493
up €9,493 (+768%), from €1,236 to €10,729
- Trade debts +€8,282
up €8,282 (+29.1%), from €28,458 to €36,740
- Profit (loss) carried forward -€2,873
down €2,873 (-3.9%), from €73,218 to €70,346
- Gross operating margin -€27,688
down €27,688 (-64.8%), from €42,719 to €15,031
- Taxes -€6,776
down €6,776 (-62.1%), from €10,908 to €4,132
- Other operating charges -€3,995
down €3,995 (-76.1%), from €5,253 to €1,258
- Financial charges +€3,115
up €3,115 (+229%), from €1,359 to €4,473
- Depreciation -€2,849
down €2,849 (-24.4%), from €11,697 to €8,848
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €168,262 | €183,643 | +€15,381 | +9.1% |
| Fixed assets | 21/28 | €15,429 | €3,267 | -€12,161 | -78.8% |
| Tangible fixed assets | 22/27 | €15,429 | €3,267 | -€12,161 | -78.8% |
| Land and buildings | 22 | €5,613 | €0 | -€5,613 | -100% |
| Plant, machinery and equipment | 23 | €2,086 | €826 | -€1,259 | -60.4% |
| Furniture and vehicles | 24 | €7,730 | €2,441 | -€5,289 | -68.4% |
| Current assets | 29/58 | €152,833 | €180,376 | +€27,543 | +18.0% |
| Stocks and contracts in progress | 3 | €58,500 | €58,500 | = | 0.0% |
| Stocks | 30/36 | €58,500 | €58,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €28,546 | €78,298 | +€49,751 | +174% |
| Trade receivables | 40 | €9,567 | €50,051 | +€40,484 | +423% |
| Other amounts receivable | 41 | €18,979 | €28,246 | +€9,267 | +48.8% |
| Cash at bank and in hand | 54/58 | €52,031 | €33,834 | -€18,196 | -35.0% |
| Deferred charges and accrued income | 490/1 | €13,756 | €9,744 | -€4,012 | -29.2% |
| Total equity and liabilities | 10/49 | €168,262 | €183,643 | +€15,381 | +9.1% |
| Equity | 10/15 | €134,128 | €131,256 | -€2,873 | -2.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €42,310 | €42,310 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €40,450 | €40,450 | = | 0.0% |
| Profit (loss) carried forward | 14 | €73,218 | €70,346 | -€2,873 | -3.9% |
| Amounts payable | 17/49 | €34,133 | €52,387 | +€18,254 | +53.5% |
| Amounts payable within one year | 42/48 | €34,133 | €52,387 | +€18,254 | +53.5% |
| Financial debts | 43 | €4,439 | €4,918 | +€479 | +10.8% |
| Credit institutions | 430/8 | €4,439 | €4,918 | +€479 | +10.8% |
| Trade debts | 44 | €28,458 | €36,740 | +€8,282 | +29.1% |
| Suppliers | 440/4 | €28,458 | €36,740 | +€8,282 | +29.1% |
| Taxes, remuneration and social security | 45 | €1,236 | €10,729 | +€9,493 | +768% |
| Taxes | 450/3 | €1,236 | €10,729 | +€9,493 | +768% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €2,578 | +€2,578 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,697 | €8,848 | -€2,849 | -24.4% |
| Other operating charges | 640/8 | €5,253 | €1,258 | -€3,995 | -76.1% |
| Gross operating margin | 9900 | €42,719 | €15,031 | -€27,688 | -64.8% |
| Operating profit (loss) | 9901 | €25,769 | €4,925 | -€20,844 | -80.9% |
| Financial income | 75/76B | €448 | €808 | +€359 | +80.1% |
| Recurring financial income | 75 | €448 | €808 | +€359 | +80.1% |
| Financial charges | 65/66B | €1,359 | €4,473 | +€3,115 | +229% |
| Recurring financial charges | 65 | €1,359 | €4,473 | +€3,115 | +229% |
| Profit (loss) for the period before taxes | 9903 | €24,859 | €1,259 | -€23,599 | -94.9% |
| Income taxes | 67/77 | €10,908 | €4,132 | -€6,776 | -62.1% |
| Profit (loss) for the period | 9904 | €13,950 | -€2,873 | -€16,823 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,950 | -€2,873 | -€16,823 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.