Skip to content

SPARKI RENEWABLES

Active
Private limited companyfounded 2017active for 9 yearsKortrijksesteenweg 387, 8530 Harelbeke, BelgiumKBO/BCE: BE 0680.547.149
Summary

SPARKI RENEWABLES has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.4m and a net result of €144,222, of which €5.7m non-recurring income. Equity has been growing by about 42% per year since 2018. Its solvency ranks better than 10% of 2,445 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Official details

Source: KBO
Status
Active since 30-08-2017 Normal situation
Registered office
13 active companies are registered at this address 1 started in the 12 months before. Source: KBO register, as of 3 November 2026.
Activity
General electrical installation work NACE 43211and 4 others
Joint committees
149.01 Paritair Subcomité voor de elektriciens: installatie en distributie
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment units
2.275.607.330 8530 Harelbeke, since 30-08-2017
2.342.803.485 8530 Harelbeke, since 01-01-2023and 1 other
Financial year end
31 December
Peppol
Reachable since 21-10-2026

Board and ownership

Board
  • LUDEMDirector · since 01-01-2023 · permanent representative Luc Demeyere
  • MARIMADirector · since 01-01-2023 · permanent representative Stijn Rigolle
Auditor
Peter Innegraeve
Shareholders
  • SPARKI2025 annual accounts of SPARKI

Financial position

64 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.2%
Annual accounts 2025
Turnover
€45.4m
▲ 33.5%
Profit
€144,222
Equity
€2.4m
▲ 6.3%
Total assets
€39.2m
▲ 4.6%
Employees on 31-12-2025
61
▼ 6.2%
Score breakdownraises riskLiquidity: current ratio 1.09, cash €1.1mEquity €2.4m (6.3% of total assets)Sector: Specialised construction activities (NACE 43)3 establishment unitsShow the evidence

Checked score

Score 2025
64 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 24% of medium-sized companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Weak
Solvency 31=
equity 6.3% of total assets
Liquidity 3-4
short-term debt 90.0% · cash 2.7%
Profitability 29+23
return on assets 0.4%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (241 companies, NACE 43, medium-sized)
Last 24 months 12-2024: 1.5% 01-2025: 1.5%● unchanged vs 12-2024 02-2025: 1.5%● unchanged vs 01-2025 03-2025: 1.5%● unchanged vs 02-2025 04-2025: 1.5%● unchanged vs 03-2025 05-2025: 1.5%● unchanged vs 04-2025 06-2025: 1.6%▲ +0.1 percentage points vs 05-2025highest value 07-2025: 1.4%▼ -0.2 percentage points vs 06-2025 08-2025: 1.4%● unchanged vs 07-2025 09-2025: 1.4%● unchanged vs 08-2025 10-2025: 1.3%▼ -0.1 percentage points vs 09-2025 11-2025: 1.3%● unchanged vs 10-2025 12-2025: 1.3%● unchanged vs 11-2025 01-2026: 1.2%▼ -0.1 percentage points vs 12-2025 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026 04-2026: 1.2%● unchanged vs 03-2026 05-2026: 1.2%● unchanged vs 04-2026 06-2026: 1.3%▲ +0.1 percentage points vs 05-2026 07-2026: 1.3%● unchanged vs 06-2026 08-2026: 1.2%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 1.2%● unchanged vs 08-2026lowest value 10-2026: 1.2%● unchanged vs 09-2026lowest value 11-2026: 1.2%● unchanged vs 10-2026lowest value
Credit of up to €150,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.09 (1.09 in 2024), below the usual 1.5. Short-term debt is 90% and cash 2.7% of total assets. 93.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, medium-sized). It does better than 8% of them on solvency, 2% on liquidity, 16% on profitability and 72% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
raises riskneutral
raises risk · Liquidity: current ratio 1.09, cash €1.1m
NBB · annual accounts
raises risk · Equity €2.4m (6.3% of total assets)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · 3 establishment units
KBO · seat and establishments
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 2445 sector peers (2025).
NBB · sector comparison
Position among 2445 sector peers
Solvency
better than 10%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
28 days early
2024
38 days early
2023
62 days early
2022
5 days early
2021
3 days early
2020
31 days late
2019
21 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 18 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Back in profit in 2025after a loss of €2.9m in 2024 €144,222 View
  • Caution: Lower solvency than 90% of companies in specialised constructionsector median 42.5% · 2,445 companies 6.3% View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View
  • Flemish supportawarded from 2022 to 2025 €95,551 View

Recent changes

  1. · Gazette deed Company renamed from EARTH to SPARKI RENEWABLESAppointment: Peter Innegraeve (statutory auditor)
  2. · Gazette deed Amendment of the articles · Legal-form change
  3. · Gazette deed 2 directors appointed, 1 director resigningResignation: ENBRO (director) · Permanent representatives: RIGOLLE, Stijn Rigolle and Luc Demeyere · Appointments: RIGOLLE (director) and LUDEM (director)
All 18 events

Comparable companies

These companies have the same main activity as SPARKI RENEWABLES: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €18m and €28m, founded between 2007 and 2014.

CompanyTotal assetsTurnover
SPARKI RENEWABLES Harelbeke€39.2m€45.4m
EXTRA-POWER Beernem€20.4m€32.1m
Insaver Houthalen-Helchteren€22.7m€42.6m
LINEA TROVATA SUNTEC Lokeren€27.3m€38.0m
SOLORA Merelbeke-Melle€19.8m€15.1m
EASYKIT GROUP Rotselaar€18.1m€23.7m
Argona - Eco Technics Brecht€27.7m€26.3m
Full comparison

Key facts about SPARKI RENEWABLES

What is the company number of SPARKI RENEWABLES?
The company number of SPARKI RENEWABLES is 0680.547.149. The VAT number is the same number with BE in front: BE 0680.547.149.
Where is SPARKI RENEWABLES based?
The registered office is at Kortrijksesteenweg 387, 8530 Harelbeke.Company details
What does SPARKI RENEWABLES do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of SPARKI RENEWABLES?
The legal form of SPARKI RENEWABLES is Private limited company (BV).
When was SPARKI RENEWABLES founded?
SPARKI RENEWABLES was founded on 30-08-2017.
Is SPARKI RENEWABLES still active?
Yes, SPARKI RENEWABLES is an active enterprise in the KBO register.
How many employees does SPARKI RENEWABLES have?
SPARKI RENEWABLES had an average of 57.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does SPARKI RENEWABLES fall under?
In its 2025 annual accounts, SPARKI RENEWABLES states joint committees 149.01 (Paritair Subcomité voor de elektriciens: installatie en distributie) and 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of SPARKI RENEWABLES?
The turnover of SPARKI RENEWABLES was €45.4m in financial year 2025, according to the filed annual accounts.
Is SPARKI RENEWABLES profitable?
In financial year 2025, SPARKI RENEWABLES made a profit of €144,222.
Where can I find the annual accounts of SPARKI RENEWABLES?
SPARKI RENEWABLES filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SPARKI RENEWABLES due?
SPARKI RENEWABLES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.