VANSPRINGEL EVO: 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.
VANSPRINGEL EVO
Largest movements
- Financial fixed assets +€7.4m
up €7.4m (+161%), from €4.6m to €12.1m
- Receivables within one year +€429,905
new in 2025: €429,905
of which Other amounts receivable: +€425,180
- Cash +€153,186
up €153,186 (+602%), from €25,461 to €178,647
mainly Net result for the year (+€10.1m) and Depreciation (+€70,875)
- Profit (loss) carried forward +€10.0m
up €10.0m (+577%), from €1.7m to €11.8m
- Debts after one year -€1.7m
down €1.7m (-60.9%), from €2.9m to €1.1m
of which Financial debts: -€1.7m
- Other debts -€415,218
down €415,218 (-93.3%), from €445,218 to €30,000
- Financial income +€9.9m
new in 2025: €9.9m
of which Non-recurring financial income: +€9.4m
- Gross operating margin +€244,997
up €244,997 (+96.6%), from €253,615 to €498,612
- Financial charges -€83,105
down €83,105 (-43.8%), from €189,908 to €106,803
- Taxes +€58,829
new in 2025: €58,829
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,067,967 | €15,050,026 | +€8.0m | +113% |
| Fixed assets | 21/28 | €7,042,506 | €14,413,974 | +€7.4m | +105% |
| Tangible fixed assets | 22/27 | €2,419,621 | €2,348,746 | -€70,875 | -2.9% |
| Land and buildings | 22 | €2,419,621 | €2,348,746 | -€70,875 | -2.9% |
| Financial fixed assets | 28 | €4,622,885 | €12,065,228 | +€7.4m | +161% |
| Current assets | 29/58 | €25,461 | €636,052 | +€610,591 | +2,398% |
| Amounts receivable within one year | 40/41 | - | €429,905 | +€429,905 | |
| Trade receivables | 40 | - | €4,725 | +€4,725 | |
| Other amounts receivable | 41 | - | €425,180 | +€425,180 | |
| Cash at bank and in hand | 54/58 | €25,461 | €178,647 | +€153,186 | +602% |
| Deferred charges and accrued income | 490/1 | - | €27,500 | +€27,500 | |
| Total equity and liabilities | 10/49 | €7,067,967 | €15,050,026 | +€8.0m | +113% |
| Equity | 10/15 | €2,021,567 | €12,163,101 | +€10.1m | +502% |
| Contributions | 10/11 | €62,937 | €62,937 | = | 0.0% |
| Reserves | 13 | €223,309 | €349,609 | +€126,300 | +56.6% |
| Tax-exempt reserves | 132 | - | €126,300 | +€126,300 | |
| Distributable reserves | 133 | €223,309 | €223,309 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,735,321 | €11,750,555 | +€10.0m | +577% |
| Amounts payable | 17/49 | €5,046,400 | €2,886,925 | -€2.2m | -42.8% |
| Amounts payable after more than one year | 17 | €2,864,216 | €1,120,753 | -€1.7m | -60.9% |
| Financial debts | 170/4 | €2,862,616 | €1,119,153 | -€1.7m | -60.9% |
| Other amounts payable | 178/9 | €1,600 | €1,600 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,181,384 | €1,765,372 | -€416,012 | -19.1% |
| Current portion of amounts payable after more than one year | 42 | €126,294 | €122,421 | -€3,872 | -3.1% |
| Financial debts | 43 | €1,600,000 | €1,600,000 | = | 0.0% |
| Credit institutions | 430/8 | €1,600,000 | €1,600,000 | = | 0.0% |
| Trade debts | 44 | €1,020 | €8,912 | +€7,892 | +773% |
| Suppliers | 440/4 | €1,020 | €8,912 | +€7,892 | +773% |
| Taxes, remuneration and social security | 45 | €8,852 | €4,039 | -€4,813 | -54.4% |
| Taxes | 450/3 | €8,852 | €4,039 | -€4,813 | -54.4% |
| Other amounts payable | 47/48 | €445,218 | €30,000 | -€415,218 | -93.3% |
| Accrued charges and deferred income | 492/3 | €800 | €800 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,875 | €70,875 | = | 0.0% |
| Other operating charges | 640/8 | €31,970 | €31,170 | -€801 | -2.5% |
| Gross operating margin | 9900 | €253,615 | €498,612 | +€244,997 | +96.6% |
| Operating profit (loss) | 9901 | €150,769 | €396,567 | +€245,798 | +163% |
| Financial income | 75/76B | - | €9,910,599 | +€9.9m | |
| Recurring financial income | 75 | - | €551,479 | +€551,479 | |
| Non-recurring financial income | 76B | - | €9,359,119 | +€9.4m | |
| Financial charges | 65/66B | €189,908 | €106,803 | -€83,105 | -43.8% |
| Recurring financial charges | 65 | €189,908 | €106,803 | -€83,105 | -43.8% |
| Profit (loss) for the period before taxes | 9903 | -€39,139 | €10,200,363 | +€10.2m | |
| Income taxes | 67/77 | - | €58,829 | +€58,829 | |
| Profit (loss) for the period | 9904 | -€39,139 | €10,141,534 | +€10.2m | |
| Transfer to tax-exempt reserves | 689 | - | €126,300 | +€126,300 | |
| Profit (loss) for the period to be appropriated | 9905 | -€39,139 | €10,015,234 | +€10.1m |
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 27 October 2026 via checked.be.