SPARK
ActiveSPARK has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €80k and a net result of €42k. Equity is growing by ~18.6% per year across the filed fiscal years. Its solvency ranks better than 47% of 31584 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
83
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+13
Solvency78▼-20
Growth52=
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.0 against 3.6 in 2024; short-term debt: 47.4% and cash: 41.3% of total assets), and 47.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
52.6%
Return on assets
27.5%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 29-04-2026, 1 day ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
31 d late
2022
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€80k▼ 25.9%
2024 · €108k
2022: €54k
2023: €86k
2024: €108k
2022 → 2025
Total assets
€152k▲ 3.0%
2024 · €148k
2022: €84k
2023: €107k
2024: €148k
2022 → 2025
Net result
€42k▲ 89.1%
2024 · €22k
2022: €51k
2023: €32k
2024: €22k
2022 → 2025
Working capital
€72k▼ 29.9%
2024 · €103k
2022: €35k
2023: €73k
2024: €103k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€54k-€86k▲ 59.5%€108k▲ 25.8%€80k▼ 25.9%
Operating result€67k-€42k▼ 36.9%€28k▼ 33.2%€53k▲ 86.4%
Net result€51k-€32k▼ 37.0%€22k▼ 30.8%€42k▲ 89.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 86% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €152k
Fixed assets
€8k▲ 57.7%
Current assets
€145k▲ 1.1%
Equity and liabilities €152k
Equity
€80k▼ 25.9%
Debt
€72k▲ 81.8%
The debt ratio rises from 26.9% to 47.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€58k▲
2024 · €38k
Cash flow
€47k▲
2024 · €32k
Solvency
52.6%▼
2024 · 73.1%
Current ratio
2.00▼
2024 · 3.60
Quick ratio
2.00▼
2024 · 3.60
Debt / equity
0.90▲
2024 · 0.37
ROE
52.4%▲
2024 · 20.5%
ROA
27.5%▲
2024 · 15.0%
Interest coverage
102.25▼
2024 · 159.54
Debt
€72k▲
2024 · €40k
Debt ≤ 1 year
€72k▲
2024 · €40k
Income taxes
€13k▲
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€148k€152k▲
Fixed assets21/28€5k€8k▲
Tangible fixed assets22/27€5k€8k▲
Plant, machinery and equipment23€3k€3k▲
Furniture and vehicles24€2k€4k▲
Financial fixed assets28€200€200=
Current assets29/58€143k€145k▲
Amounts receivable within one year40/41€69k€49k▼
Trade receivables40€42k€18k▼
Other amounts receivable41€27k€31k▲
Current investments50/53-€23k
Cash at bank and in hand54/58€61k€63k▲
Deferred charges and accrued income490/1€12k€9k▼
Equity and liabilities
Total equity and liabilities10/49€148k€152k▲
Equity10/15€108k€80k▼
Contributions10/11€3k€3k=
Reserves13€105k€77k▼
Distributable reserves133€105k€77k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€40k€72k▲
Amounts payable within one year42/48€40k€72k▲
Trade debts44€25k€3k▼
Suppliers440/4€25k€3k▼
Taxes, remuneration and social security45€15k€22k▲
Taxes450/3€15k€22k▲
Other amounts payable47/48-€47k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€5k▼
Other operating charges640/8€404€1k▲
Gross operating margin9900€39k€59k▲
Operating profit (loss)9901€28k€53k▲
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€240€566▲
Recurring financial charges65€240€566▲
Profit (loss) for the period before taxes9903€30k€55k▲
Income taxes67/77€8k€13k▲
Profit (loss) for the period9904€22k€42k▲
Profit (loss) for the period to be appropriated9905€22k€42k▲
Appropriation of the result
Profit (loss) to be appropriated9906€73k€42k▼
Profit (loss) brought forward from the previous period14P€51k€0▼
Transfer from equity791/2-€28k
Transfer to equity691/2€73k€0▼
To other reserves6921€73k€0▼
Profit to be distributed694/7-€70k
Return on contributions (dividend)694-€70k
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €22k ▼30.8%
Net result drops to €22k, the lowest in the series; recovery starts the following year.
30-09
Financial
Equity above €100kEq €108k ▲25.8%
3 profitable years in a row build equity to €108k.
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
30-09
Financial
Liquidity doublescurrent ratio 4.48
Current ratio from 2.17 to 4.48; short-term debt falls from €30k to €21k.
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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 · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Antwerpsesteenweg 652070 Beveren-Kruibeke-ZwijndrechtGround area
243 m²
Building footprint
93 m²
Volume, LiDAR
495 m³
Parcel 11011A0495/02R003, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
SPARK
since 20212.312.631.834
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11011A0495/02R003 | Flanders | 243 m² | 1 · 93 m² | 10.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
JVandelaer M&AM
BE 1005.404.406
Lummen · Eq €80k
Mathieu Detemmerman
BE 1009.832.356
Kluisbergen · Eq €80k
Coates Company
BE 0768.963.045
Brasschaat · Eq €80k
ABSOLEM ENGINEERS
BE 0828.556.083
Mechelen · Eq €80k
TO THE WEB
BE 0543.406.074
Brussel · Eq €80k
Of 82,546 companies in sector 70200 we hold annual accounts for 52,574. 40,110 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-01-2021
Fiscal year end30-09
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.