SPARK
ActiveSummary
SPARK has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €104k and a net result of €3k. Equity is growing by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 21% of 12738 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability70=
Solvency46▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.27 against 1.26 in 2024; short-term debt: 78.7% and cash: 10.3% of total assets), and 78.7% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five 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 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 12738 sector peers (2025).
NBB · sector comparisonPosition among 12738 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 27-10-2025, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
7 d early
2023
on the day
2022
6 d early
2021
4 d early
2020
20 d late
2019
8 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 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close26-09-2026 today31-10-2026 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€104k▲ 3.1%
2024 · €101k
Total assets
€490k▲ 5.3%
2024 · €466k
Net result
€3k▲ 0.7%
2024 · €3k
Working capital
€104k▲ 8.4%
2024 · €96k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€12k▲ 5.1%€20k▲ 65.5%€5k▼ 74.7%€5k▲ 3.7%€5k▼ 15.4%
Net result€9k▲ 25.8%€15k▲ 58.9%€3k▼ 78.8%€3k▲ 0.7%€3k▲ 0.7%
Equity€80k▲ 12.8%€95k▲ 18.1%€98k▲ 3.2%€101k▲ 3.2%€104k▲ 3.1%
Total assets€281k▲ 5.5%€261k▼ 6.9%€426k▲ 63.1%€466k▲ 9.3%€490k▲ 5.3%
Debt€200k▲ 2.8%€166k▼ 16.9%€328k▲ 97.3%€365k▲ 11.1%€386k▲ 5.9%
Working capital€80k▲ 12.8%€95k▲ 18.1%€88k▼ 7.1%€96k▲ 9.1%€104k▲ 8.4%
Staff (FTE)1=1=1=1.2▲ 20.0%2▲ 66.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 15% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €490k
Equity
€104k ▲ 3.1%
Debt
€386k ▲ 5.9%
Debt's share of the balance-sheet total rises from 78.3% to 78.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€9k▼
2024 · €10k
Cash flow
€8k▲
2024 · €8k
Current ratio
1.27▲
2024 · 1.26
Debt to equity
3.70▲
2024 · 3.61
ROE
3.0%▼
2024 · 3.1%
ROA
0.6%▼
2024 · 0.7%
Interest coverage
116.32▲
2024 · 49.52
Debt ≤ 1 year
€386k▲
2024 · €365k
Income taxes
€3k▲
2024 · €2k
Staff costs
€136k▲
2024 · €89k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €62k | €65k | €89k | €136k | ▲ 52.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €5k | €5k | €5k | = |
| Other operating charges640/8 | - | €3k | €4k | €1k | €12k | ▲ 761% |
| Gross operating margin9900 | €71k | €85k | €79k | €101k | €157k | ▲ 56.2% |
| Operating profit (loss)9901 | €12k | €20k | €5k | €5k | €5k | ▼ 15.4% |
| Financial income75/76B | - | €107 | - | €320 | €1k | ▲ 340% |
| Recurring financial income75 | €169 | €107 | - | €320 | €1k | ▲ 340% |
| Financial charges65/66B | - | €408 | €180 | €208 | €81 | ▼ 60.8% |
| Recurring financial charges65 | €42 | €408 | €180 | €208 | €81 | ▼ 60.8% |
| Profit (loss) for the period before taxes9903 | €13k | €20k | €5k | €5k | €6k | ▲ 7.1% |
| Income taxes67/77 | €3k | €6k | €2k | €2k | €3k | ▲ 15.4% |
| Profit (loss) for the period9904 | €9k | €15k | €3k | €3k | €3k | ▲ 0.7% |
| Profit (loss) for the period to be appropriated9905 | €9k | €15k | €3k | €3k | €3k | ▲ 0.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €281k | €261k | €426k | €466k | €490k | ▲ 5.3% |
| Fixed assets21/28 | - | - | €10k | €5k | - | - |
| Tangible fixed assets22/27 | - | - | €10k | €5k | - | - |
| Furniture and vehicles24 | - | - | €10k | €5k | - | - |
| Current assets29/58 | €281k | €261k | €417k | €461k | €490k | ▲ 6.4% |
| Amounts receivable within one year40/41 | €264k | €241k | €333k | €385k | €440k | ▲ 14.1% |
| Trade receivables40 | - | €238k | €326k | €379k | €436k | ▲ 14.9% |
| Other amounts receivable41 | - | €2k | €7k | €6k | €4k | ▼ 35.6% |
| Cash at bank and in hand54/58 | €17k | €21k | €84k | €76k | €50k | ▼ 33.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €281k | €261k | €426k | €466k | €490k | ▲ 5.3% |
| Equity10/15 | €80k | €95k | €98k | €101k | €104k | ▲ 3.1% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €61k | €76k | €79k | €83k | €86k | ▲ 3.8% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €74k | €77k | €83k | €86k | ▲ 3.8% |
| Profit (loss) carried forward14 | €994 | €525 | €611 | - | - | - |
| Amounts payable17/49 | €200k | €166k | €328k | €365k | €386k | ▲ 5.9% |
| Amounts payable within one year42/48 | €200k | €166k | €328k | €365k | €386k | ▲ 5.9% |
| Trade debts44 | €179k | €153k | €312k | €334k | €352k | ▲ 5.6% |
| Suppliers440/4 | - | €153k | €312k | €334k | €352k | ▲ 5.6% |
| Taxes, remuneration and social security45 | - | €14k | €16k | €31k | €34k | ▲ 9.1% |
| Taxes450/3 | - | €2k | €4k | €12k | €10k | ▼ 22.1% |
| Remuneration and social security454/9 | - | €12k | €13k | €19k | €24k | ▲ 30.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9k | €15k | €3k | €3k | €3k | ▲ 0.7% |
| + Depreciation and write-downs630 | - | - | €5k | €5k | €5k | = |
| Operating cash flow (approximation) | €9k | €15k | €8k | €8k | €8k | ▲ 0.3% |
| Investment in fixed assets (approximation) | - | - | - | €0 | - | - |
| Change in cash | - | €4k | €63k | €-8k | €-25k | ▼ 197% |
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
Next filing, fiscal year 2026, expected by
2026
05-08
State Gazette act
General meeting · Net-asset statement
Approval · Dissolution · Lien VAN GOETHEM
20-03
State Gazette act
General meeting · Capital increase
Bank account · Power of attorney
2025
27-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
24-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Equity above €100kEq €101k ▲3.2%
6 profitable years in a row build equity to €101k.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Weakest financial yearnet €3k ▼78.8%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
2022
25-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Highest result since 2019net €15k ▲58.9%
Operating result €20k, net result €15k, both a record.
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
20-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 20 days late
2019
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2018
24-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
20-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
26-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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 · 2 establishment units since 2014
Ground area
1,016 m²
Building footprint
304 m²
Volume, LiDAR
1,723 m³
3 parcels, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Spark full Service Account & Tax Collective
since 20142.232.773.021
Spark full Service Account & Tax Collective
since 20142.232.773.120
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44016B0997/00E000 | Flanders | 587 m² | 1 · 95 m² | 8.2 m · 2 fl. |
| 46003B0198/00S000 | Flanders | 373 m² | 1 · 141 m² | 10.0 m · 2 fl. |
| 46502D0252/00D010 | Flanders | 56 m² | 1 · 68 m² | 6.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 654 EUR awarded · 648 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 222 EUR | 0 EUR |
| 2024 | 1 | 222 EUR | 222 EUR |
| 2023 | 1 | 0 EUR | 216 EUR |
| 2022 | 1 | 210 EUR | 210 EUR |
Similar companies · same sector, comparable size
CANDEVA-JESANA
BE 0458.390.920
Tielt · Eq €104,297
MayKa Consulting
BE 0687.647.153
Asse · Eq €104,276
DG Comptabilité
BE 0731.847.479
Ans · Eq €104,372
J.S. Consult
BE 1001.262.308
Haaltert · Eq €104,241
LW COMPTA
BE 1006.438.445
Jette · Eq €104,238
Of 12,173 companies in sector 69201 we hold annual accounts for 7,638. 6,480 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
Founded20-06-2014
Fiscal year end31-03
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
Scores and ratios are computed by Checked and are not a credit decision.