Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SPRING '88 from Lochristi, company number BE0554886223, closed financial year 2025 with a result of € -68,595 after tax. For that financial year SPRING '88 recorded a gross margin of € 4,778 and equity of € 649,219. Compared with financial year 2024, the result moved from € 25,823 to € -68,595. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 15, 2026.
€ 649,219
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -68,595
▼ still € 25,823 profit in 2024
Profit after tax over the fiscal year.
€ 38,860
▲ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -389,381.
People and assets in 2025
€ 4,713
▼ 42% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 380,000
▼ 46% vs 2024
Loans from banks and other lenders, long and short.
€ 2,420
▼ 34% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,900
▼ 12% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 164,499 | € 165,109 | € 105,779 | € 4,778 | ▼ 95% |
| Profit after taxes | € 90,113 | € 83,467 | € 25,823 | € -68,595 | ▼ € 94,419 |
| Equity | € 608,524 | € 691,991 | € 717,814 | € 649,219 | ▼ 10% |
| Total debts | € 1,138,982 | € 1,057,439 | € 873,822 | € 898,092 | ▲ 3% |
| Cash | € 78,339 | € 137,951 | € 27,431 | € 38,860 | ▲ 42% |
| Land & buildings | € 1,629,183 | € 1,579,621 | € 1,520,607 | € 1,461,887 | ▼ 4% |
| Retained profit | € -430,076 | € -346,609 | € -320,786 | € -389,381 | ▼ € 68,595 |
| Bank debt | € 746,816 | € 722,471 | € 697,559 | € 380,000 | ▼ 46% |
| Balance sheet total | € 1,747,507 | € 1,749,430 | € 1,591,637 | € 1,547,311 | ▼ 3% |
Key figures of SPRING '88, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to SPRING '88?
What happened at SPRING '88 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 68,595 (▼ € 94,419 vs 2024). Source: NBB ↗
- Marc Pennoit became a director. NBB
- New establishment in Lochristi. KBO
- Start of the company according to the CBE. KBO
In short
From € 90,113 profit in 2022 to € 68,595 loss in 2025.
Paid € 3,096 in corporate taxes since 2022.
Best year ever: 2022, with € 90,113 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind SPRING '88 is Marc Pennoit. Marc Pennoit is also behind VINCRI.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Dorp-Oost 3 box 101
9080 Lochristi
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0554.886.223
- VAT number
- BE 0554.886.223
- Registered office
- Dorp-Oost 3 bus 101, 9080 Lochristi
- Names & denominations
- SPRING '88
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 June 2014
- Peppol
- Active · Active since 11 Dec 2025
- Contact
- 0468/114.988
- Activities · NACE
Detailhandel in overig textiel