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SPARCK BELGIUM

Active
Private limited company (pre-2019)founded 2013active for 13 yearsAvenue de la Croix du Sud 28, 1410 Waterloo, BelgiumKBO/BCE: BE 0502.762.282

From the official registers: KBO 11 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of SPARCK BELGIUM is 3.4% (moderate). The 2024 annual accounts show negative equity (-€137,454) and a net result of €5,666. Equity has been shrinking by about 3.4% per year since 2018. Its solvency ranks better than 6% of 9,829 sector peers (NACE 46, financial year 2025). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 18-01-2013 Normal situation
Activity
Wholesale of beverages, general range NACE 46349
Establishment units
2.238.106.536 1410 Waterloo, since 24-01-2013
2.243.118.763 1370 Jodoigne, since 01-03-2015
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
  • Kiwanian SarkisDirector

Financial position

49 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.4%
Annual accounts 2024
Gross margin
€25,804
▲ 9.3%
Turnover
≈ €200,000
estimated
Profit
€5,666
▲ 38.2%
Equity
-€137,454
▲ 4.0%
Total assets
€254,111
▲ 12.9%
2025 accounts not filed, 93 days past the deadline
Filed on 28-09-2025PDF
Score breakdownraises riskFigures for financial year 2024 (filed on 01-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 59 days late; 3 of the last 3 accounts latelowers riskSize: total assets €254,111Founded in 2013Show the evidence

Checked score

Score 2024
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 32% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2023
Weak
Solvency 0=
equity -54.1% of total assets
Liquidity 12-7
short-term debt 75.4% · cash 2.7%
Profitability 72+1
return on assets 2.2%
Bankruptcy probability within 12 months
3.4% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,900 companies, NACE 46, micro)
Last 24 months 11-2024: 3.2% 12-2024: 3.2%● unchanged vs 11-2024 01-2025: 3.2%● unchanged vs 12-2024 02-2025: 3.2%● unchanged vs 01-2025 03-2025: 3.1%▼ -0.1 percentage points vs 02-2025 04-2025: 3.1%● unchanged vs 03-2025 05-2025: 3.0%▼ -0.1 percentage points vs 04-2025 06-2025: 2.9%▼ -0.1 percentage points vs 05-2025 07-2025: 2.8%▼ -0.1 percentage points vs 06-2025 08-2025: 3.5%▲ +0.7 percentage points vs 07-2025 09-2025: 3.9%▲ +0.4 percentage points vs 08-2025 10-2025: 5.4%▲ +1.5 percentage points vs 09-2025highest value 11-2025: 1.7%▼ -3.7 percentage points vs 10-2025 12-2025: 1.7%● unchanged vs 11-2025 01-2026: 1.7%● unchanged vs 12-2025 02-2026: 1.7%● unchanged vs 01-2026 03-2026: 1.7%● unchanged vs 02-2026 04-2026: 1.7%● unchanged vs 03-2026 05-2026: 1.7%● unchanged vs 04-2026 06-2026: 1.6%▼ -0.1 percentage points vs 05-2026 07-2026: 1.6%● unchanged vs 06-2026lowest value 08-2026: 2.1%▲ +0.5 percentage points vs 07-2026 09-2026: 2.4%▲ +0.3 percentage points vs 08-2026 10-2026: 3.4%▲ +1.0 percentage point vs 09-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.88 (0.78 in 2023), below 1. Short-term debt is 75.4% and cash 2.7% of total assets. Equity is negative.
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 46, micro). It does better than 6% of them on solvency, 13% on liquidity, 56% on profitability and 53% on growth.

The bankruptcy probability was computed on 31-10-2026 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).

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

Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 01-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 59 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €254,111
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2013
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 59 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-09-2025, 59 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
59 days late
2023
55 days late
2022
72 days late
2021
92 days late
2020
91 days late
2018
29 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 66 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2024 -€137,454 View
  • Caution: Less equity than 95% of companies in wholesale tradesector median €364,964 · 9,825 companies -€133,902 View

Comparable companies

These companies have the same main activity as SPARCK BELGIUM: wholesale of beverages, general range (NACE 46349). They are comparable in size and age: total assets between €170,000 and €249,000, founded between 2008 and 2014.

CompanyTotal assetsGross margin
SPARCK BELGIUM Waterloo€247,794€19,602
TOPOVINO Mol€248,654€22,991
GAMACO DRINK SYSTEMS Orp-Jauche€237,170€35,146
A.G. WINES Rixensart€229,962€28,489
AMORE DIVINO Watermaal-Bosvoorde€186,941€15,524
CALIVIN Juprelle€170,176€36,304
SALMON ET FRERES Tinlot€227,317€44,758
Full comparison

Documents

Annual accounts at the NBB

All 11 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about SPARCK BELGIUM

What is the company number of SPARCK BELGIUM?
The company number of SPARCK BELGIUM is 0502.762.282. The VAT number is the same number with BE in front: BE 0502.762.282.
Where is SPARCK BELGIUM based?
The registered office is at Avenue de la Croix du Sud 28, 1410 Waterloo.Company details
What does SPARCK BELGIUM do?
According to the KBO register, the main activity is wholesale of beverages, general range (NACE 46349).
What is the legal form of SPARCK BELGIUM?
The legal form of SPARCK BELGIUM is Private limited company (pre-2019) (BVBA).
When was SPARCK BELGIUM founded?
SPARCK BELGIUM was founded on 18-01-2013.
Is SPARCK BELGIUM still active?
Yes, SPARCK BELGIUM is an active enterprise in the KBO register.
What is the turnover of SPARCK BELGIUM?
The turnover in financial year 2024 is ≈ €200,000. This figure is estimated from the gross margin of €25,804 and 35 comparable companies (NACE 463). It probably lies between €100,000 and €430,000.Financials
Is SPARCK BELGIUM profitable?
In financial year 2024, SPARCK BELGIUM made a profit of €5,666.
Where can I find the annual accounts of SPARCK BELGIUM?
SPARCK BELGIUM filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

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