SPARK CONSULT
InactiveInactive since 13-05-2026; last annual accounts for fiscal year 2026.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 09-03-2026 was due by 09-10-2026 and was filed on 11-03-2026, 212 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2026
212 d early
2025
71 d early
2024
51 d early
2023
13 d early
2022
on the day
2021
138 d early
2020
86 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2026, micro schema
Equity
€530k▼ 0.4%
2025 · €532k
2018: €157klowest in 9 years
2019: €300k▲ +91.4% vs 2018
2020: €438k▲ +46.3% vs 2019
2021: €254k▼ -41.9% vs 2020
2022: €267k▲ +4.9% vs 2021
2023: €345k▲ +29.1% vs 2022
2024: €480k▲ +39.3% vs 2023
2025: €532k▲ +10.8% vs 2024highest in 9 years
2026: €530k▼ -0.4% vs 2025
2018 → 2026
Total assets
€530k▼ 1.4%
2025 · €538k
2018: €219klowest in 9 years
2019: €358k▲ +63.6% vs 2018
2020: €448k▲ +25.0% vs 2019
2021: €558k▲ +24.6% vs 2020highest in 9 years
2022: €339k▼ -39.2% vs 2021
2023: €368k▲ +8.4% vs 2022
2024: €506k▲ +37.7% vs 2023
2025: €538k▲ +6.1% vs 2024
2026: €530k▼ -1.4% vs 2025
2018 → 2026
Net result
€-2k
2025 · €52k
2018: €150khighest in 9 years
2019: €143k▼ -4.9% vs 2018
2020: €139k▼ -3.0% vs 2019
2021: €107k▼ -22.7% vs 2020
2022: €68k▼ -36.4% vs 2021
2023: €78k▲ +13.7% vs 2022
2024: €135k▲ +74.5% vs 2023
2025: €52k▼ -61.6% vs 2024
2026: €-2k▼ -104% vs 2025lowest in 9 years
2018 → 2026
Working capital
€518k▲ 13.7%
2024 · €455k
2018: €144klowest in 8 years
2019: €285k▲ +97.6% vs 2018
2020: €386k▲ +35.4% vs 2019
2021: €207k▼ -46.3% vs 2020
2022: €229k▲ +10.2% vs 2021
2023: €313k▲ +36.9% vs 2022
2024: €455k▲ +45.6% vs 2023
2025: €518k▲ +13.7% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€267k-€345k▲ 29.1%€480k▲ 39.3%€532k▲ 10.8%€530k▼ 0.4%
2022: €267klowest in 5 years
2023: €345k▲ +29.1% vs 2022
2024: €480k▲ +39.3% vs 2023
2025: €532k▲ +10.8% vs 2024highest in 5 years
2026: €530k▼ -0.4% vs 2025
Operating result€86k-€118k▲ 37.4%€196k▲ 65.3%€59k▼ 69.6%€-4k
2022: €86k
2023: €118k▲ +37.4% vs 2022
2024: €196k▲ +65.3% vs 2023highest in 5 years
2025: €59k▼ -69.6% vs 2024
2026: €-4k▼ -107% vs 2025lowest in 5 years
Net result€68k-€78k▲ 13.7%€135k▲ 74.5%€52k▼ 61.6%€-2k
2022: €68k
2023: €78k▲ +13.7% vs 2022
2024: €135k▲ +74.5% vs 2023highest in 5 years
2025: €52k▼ -61.6% vs 2024
2026: €-2k▼ -104% vs 2025lowest 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 2026: a loss of €4k after €59k in 2025, the lowest result in the available series.
Key figures and ratios
Solvency
100.0%▲
2025 · 99.0%
ROE
-0.4%▼
2025 · 9.8%
ROA
-0.4%▼
2025 · 9.7%
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 · 2026 against 2025 · 43 lines
Balance sheet
Code20252026
Assets
Total assets20/58€538k€530k▼
Fixed assets21/28€14k-
Tangible fixed assets22/27€14k-
Furniture and vehicles24€13k-
Other tangible fixed assets26€1k-
Current assets29/58€523k€530k▲
Amounts receivable within one year40/41€154k€172k▲
Trade receivables40€32-
Other amounts receivable41€154k€172k▲
Current investments50/53€101k€101k=
Cash at bank and in hand54/58€267k€257k▼
Deferred charges and accrued income490/1€507-
Equity and liabilities
Total equity and liabilities10/49€538k€530k▼
Equity10/15€532k€530k▼
Contributions10/11€19k€19k=
Reserves13€513k€513k=
Distributable reserves133€513k€513k=
Profit (loss) carried forward14€566€-1k▼
Amounts payable17/49€6k-
Amounts payable within one year42/48€6k-
Financial debts43€3-
Other loans439€3-
Trade debts44€4k-
Suppliers440/4€4k-
Taxes, remuneration and social security45€1k-
Taxes450/3€1k-
Income statement
Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k-
Other operating charges640/8€400-
Gross operating margin9900€66k€-4k▼
Operating profit (loss)9901€59k€-4k▼
Financial income75/76B€19k€2k▼
Recurring financial income75€9k€2k▼
Non-recurring financial income76B€10k€668▼
Financial charges65/66B€191-
Recurring financial charges65€191-
Profit (loss) for the period before taxes9903€78k€-2k▼
Income taxes67/77€26k-
Profit (loss) for the period9904€52k€-2k▼
Profit (loss) for the period to be appropriated9905€52k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€53k€-1k▼
Profit (loss) brought forward from the previous period14P€566€566=
Transfer to equity691/2€52k-
To other reserves6921€52k-
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14k | €15k | €15k | €6k | - | - |
| Other operating charges640/8 | €410 | €384 | €387 | €400 | - | - |
| Gross operating margin9900 | €101k | €134k | €211k | €66k | €-4k | ▼ 106% |
| Operating profit (loss)9901 | €86k | €118k | €196k | €59k | €-4k | ▼ 107% |
| Financial income75/76B | €2k | €3k | €7k | €19k | €2k | ▼ 88.1% |
| Recurring financial income75 | €2k | €3k | €7k | €9k | €2k | ▼ 82.8% |
| Non-recurring financial income76B | - | - | - | €10k | €668 | ▼ 93.2% |
| Financial charges65/66B | €132 | €191 | €137 | €191 | - | - |
| Recurring financial charges65 | €132 | €191 | €137 | €191 | - | - |
| Profit (loss) for the period before taxes9903 | €88k | €121k | €202k | €78k | €-2k | ▼ 102% |
| Income taxes67/77 | €19k | €43k | €67k | €26k | - | - |
| Profit (loss) for the period9904 | €68k | €78k | €135k | €52k | €-2k | ▼ 104% |
| Profit (loss) for the period to be appropriated9905 | €68k | €78k | €135k | €52k | €-2k | ▼ 104% |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €339k | €368k | €506k | €538k | €530k | ▼ 1.4% |
| Fixed assets21/28 | €38k | €32k | €25k | €14k | - | - |
| Tangible fixed assets22/27 | €38k | €32k | €25k | €14k | - | - |
| Furniture and vehicles24 | €37k | €29k | €23k | €13k | - | - |
| Other tangible fixed assets26 | €1k | €2k | €1k | €1k | - | - |
| Current assets29/58 | €301k | €336k | €482k | €523k | €530k | ▲ 1.3% |
| Amounts receivable within one year40/41 | €45k | €87k | €180k | €154k | €172k | ▲ 11.2% |
| Trade receivables40 | €21k | €22k | €57k | €32 | - | - |
| Other amounts receivable41 | €24k | €65k | €123k | €154k | €172k | ▲ 11.3% |
| Current investments50/53 | €101k | €101k | €101k | €101k | €101k | = |
| Cash at bank and in hand54/58 | €154k | €148k | €199k | €267k | €257k | ▼ 3.7% |
| Deferred charges and accrued income490/1 | €189 | €39 | €1k | €507 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €339k | €368k | €506k | €538k | €530k | ▼ 1.4% |
| Equity10/15 | €267k | €345k | €480k | €532k | €530k | ▼ 0.4% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €248k | €325k | €461k | €513k | €513k | = |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €246k | €324k | €461k | €513k | €513k | = |
| Profit (loss) carried forward14 | €566 | €566 | €566 | €566 | €-1k | ▼ 340% |
| Amounts payable17/49 | €73k | €23k | €27k | €6k | - | - |
| Amounts payable within one year42/48 | €73k | €23k | €27k | €6k | - | - |
| Financial debts43 | - | €1 | €75 | €3 | - | - |
| Other loans439 | - | €1 | €75 | €3 | - | - |
| Trade debts44 | €617 | €192 | €456 | €4k | - | - |
| Suppliers440/4 | €617 | €192 | €456 | €4k | - | - |
| Taxes, remuneration and social security45 | €4k | €23k | €26k | €1k | - | - |
| Taxes450/3 | €4k | €23k | €26k | €1k | - | - |
| Other amounts payable47/48 | €68k | - | - | - | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €68k | €78k | €135k | €52k | €-2k | ▼ 104% |
| + Depreciation and write-downs630 | €14k | €15k | €15k | €6k | - | - |
| Operating cash flow (approximation) | €82k | €93k | €151k | €59k | €-2k | ▼ 103% |
| Investment in fixed assets (approximation) | - | €-9k | €-8k | €4k | - | - |
| Change in cash | - | €-6k | €51k | €68k | €-10k | ▼ 115% |
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
2026
21-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
11-03
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
09-03
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series.
2025
31-12
Financial
Liquidity times 5current ratio 94.70
Current ratio from 18.18 to 94.70; short-term debt falls from €27k to €6k.
31-12
Financial
Equity above €500kEq €532k ▲10.8%
8 profitable years in a row build equity to €532k.
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 14.38
Current ratio from 4.15 to 14.38; short-term debt falls from €73k to €23k.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 4.15
Current ratio from 1.68 to 4.15; short-term debt falls from €303k to €73k.
15-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
06-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2020
31-12
Financial
Liquidity times 7current ratio 41.06
Current ratio from 5.85 to 41.06; short-term debt falls from €59k to €10k.
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €200kEq €300k ▲91.4%
2 profitable years in a row build equity to €300k.
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
14-03
State Gazette act
Board meeting · Director resignation
Director appointment · Powers
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Kraainem
Ground area
366 m²
Building footprint
84 m²
Volume, LiDAR
702 m³
Parcel 22002B0075/00A006, Flanders · tallest building 11.0 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002B0075/00A006 | Flanders | 366 m² | 1 · 84 m² | 11.0 m · 3 fl. |
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.
Identification & contact
Identification
Legal formPrivate limited company
Founded11-01-2018
Fiscal year end09-03
Scores and ratios are computed by Checked and are not a credit decision.