SPRINGVIS: what changed
What changed
SPRINGVIS
NACE 68.121, Development of residential building projects
filed annual accounts (NBB)
Net result for the year
€14,791
2024 · €149,516-€134,724
Equity
€401,723
2024 · €386,931+€14,791
Cash
€16,044
2024 · €22,262-€6,219
Balance sheet total
€1.7m
2024 · €1.6m+€66,942
Largest movements
Assets
- Receivables after one year +€26,982
up €26,982 (+3.5%), from €760,792 to €787,774
- Stocks and contracts +€20,000
up €20,000 (+4.4%), from €450,000 to €470,000
- Tangible fixed assets +€19,425
up €19,425 (+15.1%), from €128,290 to €147,715
of which Furniture and vehicles: +€25,361
Equity and liabilities
- Debts after one year +€142,485
up €142,485 (+15.7%), from €906,000 to €1.0m
- Short-term financial debts -€120,000
down €120,000 (-100%), from €120,000 to €0
- Advances received +€45,000
new in 2025: €45,000
- Trade debts -€39,635
down €39,635 (-19.9%), from €199,524 to €159,889
- Other debts +€17,685
up €17,685 (+242%), from €7,316 to €25,000
Income statement
- Gross operating margin -€138,709
down €138,709 (-65.1%), from €213,105 to €74,397
- Other operating charges -€2,715
down €2,715 (-69.7%), from €3,894 to €1,179
- Depreciation -€2,169
down €2,169 (-18.4%), from €11,755 to €9,587
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.
Result 2024
€149,516
Gross operating margin
-€138,709
Depreciation
+€2,169
Other operating charges
+€2,715
Financial income
+€746
Financial charges
-€1,530
Taxes
-€115
Result 2025
€14,791
raises the resultlowers the result
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.
From operations
-€7,684
Investment
-€29,011
Financing
+€30,476
Cash 2024
€22,262
From operations (derived)
-€7,684
Net result for the year
+€14,791
Depreciation
+€9,587
Receivables after one year
-€26,982
Stocks and contracts
-€20,000
Receivables within one year
-€6,754
Trade debts
-€39,635
Tax, wage and social debts
-€1,376
Advances received
+€45,000
Other debts
+€17,685
Investment (derived)
-€29,011
Investment in fixed assets (net)
-€29,011
Financing
+€30,476
Debts after one year
+€142,485
Current portion of long-term debt
+€7,992
Short-term financial debts
-€120,000
Cash 2025
€16,044
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,631,795 | €1,698,737 | +€66,942 | +4.1% |
| Fixed assets | 21/28 | €365,790 | €385,215 | +€19,425 | +5.3% |
| Tangible fixed assets | 22/27 | €128,290 | €147,715 | +€19,425 | +15.1% |
| Land and buildings | 22 | €128,290 | €122,354 | -€5,936 | -4.6% |
| Furniture and vehicles | 24 | €0 | €25,361 | +€25,361 | |
| Financial fixed assets | 28 | €237,500 | €237,500 | = | 0.0% |
| Current assets | 29/58 | €1,266,005 | €1,313,522 | +€47,517 | +3.8% |
| Amounts receivable after more than one year | 29 | €760,792 | €787,774 | +€26,982 | +3.5% |
| Other amounts receivable | 291 | €760,792 | €787,774 | +€26,982 | +3.5% |
| Stocks and contracts in progress | 3 | €450,000 | €470,000 | +€20,000 | +4.4% |
| Stocks | 30/36 | €450,000 | €470,000 | +€20,000 | +4.4% |
| Amounts receivable within one year | 40/41 | €32,951 | €39,705 | +€6,754 | +20.5% |
| Trade receivables | 40 | €16,569 | €0 | -€16,569 | -100% |
| Other amounts receivable | 41 | €16,382 | €39,705 | +€23,322 | +142% |
| Cash at bank and in hand | 54/58 | €22,262 | €16,044 | -€6,219 | -27.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,631,795 | €1,698,737 | +€66,942 | +4.1% |
| Equity | 10/15 | €386,931 | €401,723 | +€14,791 | +3.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €361,931 | €376,723 | +€14,791 | +4.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €361,931 | €376,723 | +€14,791 | +4.1% |
| Amounts payable | 17/49 | €1,244,864 | €1,297,014 | +€52,150 | +4.2% |
| Amounts payable after more than one year | 17 | €906,000 | €1,048,485 | +€142,485 | +15.7% |
| Financial debts | 170/4 | €906,000 | €1,048,485 | +€142,485 | +15.7% |
| Amounts payable within one year | 42/48 | €338,864 | €248,529 | -€90,335 | -26.7% |
| Current portion of amounts payable after more than one year | 42 | - | €7,992 | +€7,992 | |
| Financial debts | 43 | €120,000 | €0 | -€120,000 | -100% |
| Credit institutions | 430/8 | €120,000 | €0 | -€120,000 | -100% |
| Trade debts | 44 | €199,524 | €159,889 | -€39,635 | -19.9% |
| Suppliers | 440/4 | €199,524 | €159,889 | -€39,635 | -19.9% |
| Advances received on contracts in progress | 46 | - | €45,000 | +€45,000 | |
| Taxes, remuneration and social security | 45 | €12,025 | €10,649 | -€1,376 | -11.4% |
| Taxes | 450/3 | €12,025 | €10,649 | -€1,376 | -11.4% |
| Other amounts payable | 47/48 | €7,316 | €25,000 | +€17,685 | +242% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,755 | €9,587 | -€2,169 | -18.4% |
| Other operating charges | 640/8 | €3,894 | €1,179 | -€2,715 | -69.7% |
| Gross operating margin | 9900 | €213,105 | €74,397 | -€138,709 | -65.1% |
| Operating profit (loss) | 9901 | €197,456 | €63,631 | -€133,825 | -67.8% |
| Financial income | 75/76B | €0 | €746 | +€746 | +7,462,500% |
| Recurring financial income | 75 | €0 | €746 | +€746 | +7,462,500% |
| Financial charges | 65/66B | €39,825 | €41,355 | +€1,530 | +3.8% |
| Recurring financial charges | 65 | €39,825 | €41,355 | +€1,530 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | €157,631 | €23,022 | -€134,609 | -85.4% |
| Income taxes | 67/77 | €8,116 | €8,231 | +€115 | +1.4% |
| Profit (loss) for the period | 9904 | €149,516 | €14,791 | -€134,724 | -90.1% |
| Profit (loss) for the period to be appropriated | 9905 | €149,516 | €14,791 | -€134,724 | -90.1% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.