Sparc
ActiveSummary
Sparc has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €33k and a net result of €-9k. Equity is growing by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 39% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability9▼-66
Solvency77▲+2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 5.28 against 2.15 in 2023; short-term debt: 6.1% of total assets), and 48% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
52%
Return on assets
-13.8%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
3 d early
2023
14 d early
2022
2 d early
2021
1 d early
2020
17 d early
2019
4 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€33k▼ 36.0%
2023 · €51k
2018: €27klowest in 7 years
2019: €37k▲ +37.7% vs 2018
2020: €42k▲ +15.9% vs 2019
2021: €54k▲ +26.2% vs 2020highest in 7 years
2022: €46k▼ -13.4% vs 2021
2023: €51k▲ +10.0% vs 2022
2024: €33k▼ -36.0% vs 2023
2018 → 2024
Total assets
€63k▼ 38.4%
2023 · €102k
2018: €41klowest in 7 years
2019: €76k▲ +83.8% vs 2018
2020: €68k▼ -10.4% vs 2019
2021: €116k▲ +71.3% vs 2020highest in 7 years
2022: €113k▼ -2.6% vs 2021
2023: €102k▼ -9.7% vs 2022
2024: €63k▼ -38.4% vs 2023
2018 → 2024
Net result
€-9k
2023 · €5k
2018: €-3k
2019: €10k▲ +441% vs 2018
2020: €6k▼ -41.8% vs 2019
2021: €11k▲ +90.4% vs 2020highest in 7 years
2022: €-7k▼ -165% vs 2021
2023: €5k▲ +166% vs 2022
2024: €-9k▼ -282% vs 2023lowest in 7 years
2018 → 2024
Working capital
€17k▼ 40.3%
2023 · €28k
2018: €15klowest in 7 years
2019: €17k▲ +12.8% vs 2018
2020: €28k▲ +61.8% vs 2019
2021: €37k▲ +30.7% vs 2020
2022: €38k▲ +3.9% vs 2021highest in 7 years
2023: €28k▼ -27.6% vs 2022
2024: €17k▼ -40.3% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€42k-€54k▲ 26.2%€46k▼ 13.4%€51k▲ 10.0%€33k▼ 36.0%
2020: €42k
2021: €54k▲ +26.2% vs 2020highest in 5 years
2022: €46k▼ -13.4% vs 2021
2023: €51k▲ +10.0% vs 2022
2024: €33k▼ -36.0% vs 2023lowest in 5 years
Operating result€10k-€17k▲ 74.0%€-8k€7k€-8k
2020: €10k
2021: €17k▲ +74.0% vs 2020highest in 5 years
2022: €-8k▼ -151% vs 2021lowest in 5 years
2023: €7k▲ +185% vs 2022
2024: €-8k▼ -207% vs 2023
Net result€6k-€11k▲ 90.4%€-7k€5k€-9k
2020: €6k
2021: €11k▲ +90.4% vs 2020highest in 5 years
2022: €-7k▼ -165% vs 2021
2023: €5k▲ +166% vs 2022
2024: €-9k▼ -282% vs 2023lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €8k after €7k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €63k
Fixed assets
€42k ▼ 15.4%
Current assets
€20k ▼ 60.7%
Equity and liabilities €63k
Equity
€33k ▼ 36.0%
Debt
€30k ▼ 40.8%
Debt's share of the balance-sheet total falls from 50.0% to 48.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€1k▼
2023 · €23k
Cash flow
€291▼
2023 · €20k
Current ratio
5.28▲
2023 · 2.15
Debt to equity
0.92▼
2023 · 1.00
ROE
-26.5%▼
2023 · 9.3%
ROA
-13.8%▼
2023 · 4.7%
Interest coverage
0.95▼
2023 · 11.05
Debt ≤ 1 year
€4k▼
2023 · €24k
Debt > 1 year
€26k▼
2023 · €27k
Income taxes
€128▼
2023 · €517
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 52 lines
Balance sheet
Code20232024
Assets
Total assets20/58€102k€63k▼
Fixed assets21/28€50k€42k▼
Tangible fixed assets22/27€50k€42k▼
Plant, machinery and equipment23€43k€36k▼
Furniture and vehicles24€7k€7k▼
Current assets29/58€52k€20k▼
Amounts receivable after more than one year29€7k€7k=
Trade receivables290€7k€7k=
Amounts receivable within one year40/41€9k€12k▲
Trade receivables40-€295
Other amounts receivable41€9k€11k▲
Cash at bank and in hand54/58€34k-
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€102k€63k▼
Equity10/15€51k€33k▼
Contributions10/11€12k€12k=
Reserves13€39k€29k▼
Distributable reserves133€39k€29k▼
Profit (loss) carried forward14-€-9k
Amounts payable17/49€51k€30k▼
Amounts payable after more than one year17€27k€26k▼
Financial debts170/4€27k€26k▼
Amounts payable within one year42/48€24k€4k▼
Current portion of amounts payable after more than one year42€12k€994▼
Financial debts43-€169
Credit institutions430/8-€169
Trade debts44€6k€2k▼
Suppliers440/4€6k€2k▼
Taxes, remuneration and social security45€6k-
Taxes450/3€6k-
Other amounts payable47/48€60€921▲
Income statement
Code20232024
Non-recurring operating income76A-€8k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€9k▼
Other operating charges640/8€612€388▼
Non-recurring operating charges66A€1k-
Gross operating margin9900€25k€2k▼
Operating profit (loss)9901€7k€-8k▼
Financial income75/76B€154€487▲
Recurring financial income75€154€487▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€5k€-9k▼
Income taxes67/77€517€128▼
Profit (loss) for the period9904€5k€-9k▼
Profit (loss) for the period to be appropriated9905€5k€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€-9k▼
Profit (loss) brought forward from the previous period14P€-3k-
Transfer from equity791/2-€10k
Transfer to equity691/2€2k-
To other reserves6921€2k-
Profit to be distributed694/7-€10k
Return on contributions (dividend)694-€10k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €8k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13k | €10k | €9k | €16k | €9k | ▼ 42.6% |
| Other operating charges640/8 | - | €484 | €187 | €612 | €388 | ▼ 36.6% |
| Non-recurring operating charges66A | - | - | - | €1k | - | - |
| Gross operating margin9900 | €22k | €27k | €784 | €25k | €2k | ▼ 93.3% |
| Operating profit (loss)9901 | €10k | €17k | €-8k | €7k | €-8k | ▼ 207% |
| Financial income75/76B | - | €266 | €151 | €154 | €487 | ▲ 215% |
| Recurring financial income75 | €294 | €266 | €151 | €154 | €487 | ▲ 215% |
| Financial charges65/66B | - | €975 | €1k | €2k | €1k | ▼ 35.3% |
| Recurring financial charges65 | €1k | €975 | €1k | €2k | €1k | ▼ 35.3% |
| Profit (loss) for the period before taxes9903 | €9k | €16k | €-10k | €5k | €-9k | ▼ 262% |
| Income taxes67/77 | €3k | €5k | €-3k | €517 | €128 | ▼ 75.3% |
| Profit (loss) for the period9904 | €6k | €11k | €-7k | €5k | €-9k | ▼ 282% |
| Profit (loss) for the period to be appropriated9905 | €6k | €11k | €-7k | €5k | €-9k | ▼ 282% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €68k | €116k | €113k | €102k | €63k | ▼ 38.4% |
| Fixed assets21/28 | €25k | €20k | €54k | €50k | €42k | ▼ 15.4% |
| Tangible fixed assets22/27 | €25k | €20k | €54k | €50k | €42k | ▼ 15.4% |
| Plant, machinery and equipment23 | - | €2k | €39k | €43k | €36k | ▼ 16.7% |
| Furniture and vehicles24 | - | €18k | €14k | €7k | €7k | ▼ 7.9% |
| Current assets29/58 | €43k | €96k | €59k | €52k | €20k | ▼ 60.7% |
| Amounts receivable after more than one year29 | - | €7k | €7k | €7k | €7k | = |
| Trade receivables290 | - | €7k | €7k | €7k | €7k | = |
| Amounts receivable within one year40/41 | €14k | €52k | €6k | €9k | €12k | ▲ 22.9% |
| Trade receivables40 | - | €52k | €819 | - | €295 | - |
| Other amounts receivable41 | - | €278 | €6k | €9k | €11k | ▲ 19.7% |
| Cash at bank and in hand54/58 | €21k | €37k | €44k | €34k | - | - |
| Deferred charges and accrued income490/1 | - | €443 | €1k | €1k | €2k | ▲ 20.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €68k | €116k | €113k | €102k | €63k | ▼ 38.4% |
| Equity10/15 | €42k | €54k | €46k | €51k | €33k | ▼ 36.0% |
| Contributions10/11 | - | €12k | €12k | €12k | €12k | = |
| Reserves13 | €30k | €41k | €37k | €39k | €29k | ▼ 25.1% |
| Non-distributable reserves130/1 | - | €2k | - | - | - | - |
| Reserves not available under the articles1311 | - | €2k | - | - | - | - |
| Distributable reserves133 | - | €39k | €37k | €39k | €29k | ▼ 25.1% |
| Profit (loss) carried forward14 | - | - | €-3k | - | €-9k | - |
| Amounts payable17/49 | €25k | €62k | €67k | €51k | €30k | ▼ 40.8% |
| Amounts payable after more than one year17 | €11k | €3k | €45k | €27k | €26k | ▼ 2.1% |
| Financial debts170/4 | - | €3k | €45k | €27k | €26k | ▼ 2.1% |
| Amounts payable within one year42/48 | €15k | €60k | €21k | €24k | €4k | ▼ 84.0% |
| Current portion of amounts payable after more than one year42 | - | €7k | €9k | €12k | €994 | ▼ 91.7% |
| Financial debts43 | - | - | - | - | €169 | - |
| Credit institutions430/8 | - | - | - | - | €169 | - |
| Trade debts44 | - | €42k | €1k | €6k | €2k | ▼ 72.0% |
| Suppliers440/4 | - | €42k | €1k | €6k | €2k | ▼ 72.0% |
| Taxes, remuneration and social security45 | - | €8k | €10k | €6k | - | - |
| Taxes450/3 | - | €8k | €10k | €6k | - | - |
| Other amounts payable47/48 | - | €2k | €936 | €60 | €921 | ▲ 1,438% |
| Accrued charges and deferred income492/3 | - | - | €284 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €11k | €-7k | €5k | €-9k | ▼ 282% |
| + Depreciation and write-downs630 | €13k | €10k | €9k | €16k | €9k | ▼ 42.6% |
| Operating cash flow (approximation) | €18k | €21k | €2k | €20k | €291 | ▼ 98.6% |
| Investment in fixed assets (approximation) | - | €-5k | €-43k | €-12k | €-1k | ▲ 89.9% |
| Change in cash | - | €16k | €8k | €-10k | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 5.28
Current ratio from 2.15 to 5.28; short-term debt falls from €24k to €4k.
17-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Highest result since 2018net €11k ▲90.4%
Operating result €17k, net result €11k, both a record.
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 4 days late
2019
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
10-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2010
Ground area
601 m²
Building footprint
138 m²
Parcel 46027C0842/00H000, Flanders. Linked by address, not a title deed.
1 establishment unit
Sparc
since 20102.189.715.513
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46027C0842/00H000 | Flanders | 601 m² | 1 · 138 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 14,464 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-07-2010
Fiscal year end31-12
Trade name NL
Sparc-design
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
62100Computer programming
Scores and ratios are computed by Checked and are not a credit decision.