Springstreet: 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.
Springstreet
Largest movements
- Current investments +€15,000
up €15,000 (+31.6%), from €47,500 to €62,500
- Cash +€9,884
up €9,884 (+89.8%), from €11,009 to €20,893
mainly Tax, wage and social debts (+€12,529) and Net result for the year (+€8,621)
- Tangible fixed assets -€8,752
down €8,752 (-43.1%), from €20,286 to €11,534
of which Furniture and vehicles: -€5,923
- Receivables within one year -€7,823
down €7,823 (-5.1%), from €154,171 to €146,347
of which Trade receivables: -€17,901
- Debts after one year -€16,008
down €16,008 (-39.0%), from €41,025 to €25,017
- Tax, wage and social debts +€12,529
up €12,529 (+206.0%), from €6,083 to €18,612
of which Taxes: +€13,077
- Profit (loss) carried forward +€8,621
up €8,621 (+6.6%), from €130,863 to €139,484
- Short-term financial debts +€3,365
new in 2025: €3,365
- Gross operating margin -€32,688
down €32,688 (-50.4%), from €64,876 to €32,188
- Taxes -€5,540
down €5,540 (-51.8%), from €10,700 to €5,160
- Financial income +€2,238
up €2,238 (+30621.1%), from €7 to €2,246
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 | €233,397 | €243,060 | +€9,662 | +4.1% |
| Fixed assets | 21/28 | €20,619 | €11,867 | -€8,752 | -42.4% |
| Tangible fixed assets | 22/27 | €20,286 | €11,534 | -€8,752 | -43.1% |
| Land and buildings | 22 | €1,071 | €1,008 | -€63 | -5.9% |
| Plant, machinery and equipment | 23 | €8,182 | €5,416 | -€2,766 | -33.8% |
| Furniture and vehicles | 24 | €11,033 | €5,110 | -€5,923 | -53.7% |
| Financial fixed assets | 28 | €333 | €333 | = | 0.0% |
| Current assets | 29/58 | €212,778 | €231,193 | +€18,414 | +8.7% |
| Amounts receivable within one year | 40/41 | €154,171 | €146,347 | -€7,823 | -5.1% |
| Trade receivables | 40 | €62,285 | €44,384 | -€17,901 | -28.7% |
| Other amounts receivable | 41 | €91,885 | €101,963 | +€10,078 | +11.0% |
| Current investments | 50/53 | €47,500 | €62,500 | +€15,000 | +31.6% |
| Cash at bank and in hand | 54/58 | €11,009 | €20,893 | +€9,884 | +89.8% |
| Deferred charges and accrued income | 490/1 | €99 | €1,452 | +€1,354 | +1369.8% |
| Total equity and liabilities | 10/49 | €233,397 | €243,060 | +€9,662 | +4.1% |
| Equity | 10/15 | €169,890 | €178,511 | +€8,621 | +5.1% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €30,967 | €30,967 | = | 0.0% |
| Distributable reserves | 133 | €30,967 | €30,967 | = | 0.0% |
| Profit (loss) carried forward | 14 | €130,863 | €139,484 | +€8,621 | +6.6% |
| Amounts payable | 17/49 | €63,507 | €64,548 | +€1,041 | +1.6% |
| Amounts payable after more than one year | 17 | €41,025 | €25,017 | -€16,008 | -39.0% |
| Financial debts | 170/4 | €41,025 | €25,017 | -€16,008 | -39.0% |
| Amounts payable within one year | 42/48 | €22,482 | €38,817 | +€16,335 | +72.7% |
| Current portion of amounts payable after more than one year | 42 | €15,289 | €16,008 | +€719 | +4.7% |
| Financial debts | 43 | - | €3,365 | +€3,365 | |
| Credit institutions | 430/8 | - | €3,365 | +€3,365 | |
| Trade debts | 44 | €641 | €362 | -€279 | -43.5% |
| Suppliers | 440/4 | €641 | €362 | -€279 | -43.5% |
| Taxes, remuneration and social security | 45 | €6,083 | €18,612 | +€12,529 | +206.0% |
| Taxes | 450/3 | €3,151 | €16,228 | +€13,077 | +415.0% |
| Remuneration and social security | 454/9 | €2,932 | €2,384 | -€547 | -18.7% |
| Other amounts payable | 47/48 | €469 | €469 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €715 | +€715 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,603 | €6,165 | -€438 | -6.6% |
| Other operating charges | 640/8 | €10,416 | €10,571 | +€155 | +1.5% |
| Gross operating margin | 9900 | €64,876 | €32,188 | -€32,688 | -50.4% |
| Operating profit (loss) | 9901 | €47,858 | €15,453 | -€32,405 | -67.7% |
| Financial income | 75/76B | €7 | €2,246 | +€2,238 | +30621.1% |
| Recurring financial income | 75 | €7 | €2,246 | +€2,238 | +30621.1% |
| Financial charges | 65/66B | €3,403 | €3,917 | +€514 | +15.1% |
| Recurring financial charges | 65 | €3,403 | €3,917 | +€514 | +15.1% |
| Profit (loss) for the period before taxes | 9903 | €44,462 | €13,781 | -€30,681 | -69.0% |
| Income taxes | 67/77 | €10,700 | €5,160 | -€5,540 | -51.8% |
| Profit (loss) for the period | 9904 | €33,762 | €8,621 | -€25,141 | -74.5% |
| Profit (loss) for the period to be appropriated | 9905 | €33,762 | €8,621 | -€25,141 | -74.5% |
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 10 October 2026 via checked.be.