SPRING PROJECTS
ActiveSummary
SPRING PROJECTS has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €125k and a net result of €33k. Equity is growing by ~11.8% per year across the filed fiscal years. Its solvency ranks better than 82% of 17046 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
96
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability97▼-3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 4.83 against 20.13 in 2024; short-term debt: 14% and cash: 46.7% of total assets), and 14% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
86%
Return on assets
22.3%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
4 d early
2023
1 d early
2022
3 d early
2021
33 d early
2020
1 d early
2019
3 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€125k▼ 13.2%
2024 · €144k
2018: €95k
2019: €59k
2020: €74k
2021: €81k
2022: €92k
2023: €130k
2024: €144k
2018 → 2025
Total assets
€146k▼ 2.4%
2024 · €149k
2018: €148k
2019: €129k
2020: €132k
2021: €126k
2022: €153k
2023: €138k
2024: €149k
2018 → 2025
Net result
€33k▼ 27.2%
2024 · €45k
2018: €27k
2019: €20k
2020: €41k
2021: €34k
2022: €55k
2023: €40k
2024: €45k
2018 → 2025
Working capital
€78k▼ 18.4%
2024 · €95k
2018: €77k
2019: €41k
2020: €42k
2021: €51k
2022: €42k
2023: €80k
2024: €95k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€81k-€92k▲ 13.6%€130k▲ 40.5%€144k▲ 11.3%€125k▼ 13.2%
Operating result€44k-€69k▲ 56.4%€51k▼ 26.0%€53k▲ 3.8%€46k▼ 12.8%
Net result€34k-€55k▲ 62.6%€40k▼ 27.7%€45k▲ 12.3%€33k▼ 27.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 13% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €146k
Fixed assets
€47k ▼ 2.9%
Current assets
€98k ▼ 2.2%
Equity and liabilities €146k
Equity
€125k ▼ 13.2%
Debt
€20k ▲ 308%
The debt ratio rises from 3.3% to 14.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€48k▼
2024 · €55k
Cash flow
€35k▼
2024 · €47k
Current ratio
4.83▼
2024 · 20.13
Debt / equity
0.16▲
2024 · 0.03
ROE
26.0%▼
2024 · 31.0%
ROA
22.3%▼
2024 · 30.0%
Interest coverage
569.30▲
2024 · 318.03
Debt ≤ 1 year
€20k▲
2024 · €5k
Income taxes
€14k▲
2024 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€149k€146k▼
Fixed assets21/28€49k€47k▼
Tangible fixed assets22/27€4k€2k▼
Land and buildings22€359-
Plant, machinery and equipment23€2k€951▼
Furniture and vehicles24€1k€783▼
Other tangible fixed assets26-€720
Financial fixed assets28€45k€45k=
Current assets29/58€100k€98k▼
Amounts receivable within one year40/41€29k€28k▼
Trade receivables40€28k€28k=
Other amounts receivable41€1k-
Cash at bank and in hand54/58€69k€68k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€149k€146k▼
Equity10/15€144k€125k▼
Contributions10/11€19k€19k=
Reserves13€2k€33k▲
Distributable reserves133€2k€33k▲
Profit (loss) carried forward14€124k€74k▼
Amounts payable17/49€5k€20k▲
Amounts payable within one year42/48€5k€20k▲
Trade debts44€2k€820▼
Suppliers440/4€2k€820▼
Taxes, remuneration and social security45€3k€8k▲
Taxes450/3€3k€8k▲
Other amounts payable47/48-€11k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€57k€50k▼
Operating profit (loss)9901€53k€46k▼
Financial income75/76B€4k€62▼
Recurring financial income75€4k€62▼
Financial charges65/66B€174€85▼
Recurring financial charges65€174€85▼
Profit (loss) for the period before taxes9903€57k€46k▼
Income taxes67/77€13k€14k▲
Profit (loss) for the period9904€45k€33k▼
Profit (loss) for the period to be appropriated9905€45k€33k▼
Appropriation of the result
Profit (loss) to be appropriated9906€154k€156k▲
Profit (loss) brought forward from the previous period14P€109k€124k▲
Transfer to equity691/2-€31k
To the legal reserve6920-€31k
Profit to be distributed694/7€30k€52k▲
Return on contributions (dividend)694€30k€50k▲
Directors or managers695-€2k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Liquidity times 6current ratio 10.78
Current ratio from 1.69 to 10.78; short-term debt falls from €61k to €8k.
30-09
Financial
Equity above €100kEq €130k ▲40.5%
6 profitable years in a row build equity to €130k.
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Highest result since 2018net €55k ▲62.6%
Operating result €69k, net result €55k, both a record.
28-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €20k ▼24.6%
Net result drops to €20k, the lowest in the series; recovery starts the following year.
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Deinze · 1 establishment unit since 2015
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Achterstraat 2329800 DeinzeGround area
1,158 m²
Building footprint
124 m²
Volume, LiDAR
823 m³
Parcel 44004C0165/00K000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SPRING PROJECTS
since 20152.245.292.355
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44004C0165/00K000 | Flanders | 1,158 m² | 1 · 124 m² | 8.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
894500GVF5JXEUAVSH48
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Of 3,211 companies in sector 62900 we hold annual accounts for 1,741. 1,398 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-09-2015
Fiscal year end30-09
Activities, NACEBEL
62900Other information technology and computer services
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.