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Complete company report
Generated 09-08-2026
Active BE 1001.424.238Private limited company

Spark HR

Poortakkerstraat 91 ·9051 Gent, Belgium· 2 yrs active
Sector: NACE 78200 (78200)
Conclusion Checked

The computed 12-month bankruptcy probability of Spark HR is 2.0% (moderate). The 2024 annual accounts show equity of €127k and a net result of €-111k. Its solvency ranks better than 42% of 87 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €127k
Net result €-111k
Staff (FTE) 23.6
Better than sector 42%
Snowflake analysis 5 axes · computed by Checked
Health30Profitability0Solvency29Growth50Stability67
35 / 100

Fragile profile, watch profitability in particular.

Health 30
Profitability 0
Solvency 29
Growth 50
Stability 67
Bankruptcy probability (12 mo) Checked model v1 · free
2.0% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Multiple establishment units +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Young company
Founded in 2023, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
30 / 100 Weak
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 31-07-2025 with the NBB · fiscal year 2024 · verkort
Sector comparison
Fiscal year 2024 · NACE 78 · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 16.7% 21.9%
better than 42% of 87 sector peers
Net result €-111k €17k
better than 9% of 88 sector peers
Equity €127k €123k
better than 51% of 87 sector peers
Gross operating margin €1.62M €318k
better than 73% of 87 sector peers
Staff costs €1.72M €1.09M
higher than 68% of 56 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Fiscal year2024
Revenue-
EBITDA€-103k
Net profit€-111k
Cash flow€-106k
Staff costs€1.72M
Income taxes€472
Dividends-
Total assets€762k
Equity€127k
Debt€635k
of which ≤ 1y€508k
of which > 1y€100k
Working capital€152k
Employees (FTE)23.6
Ratios (computed)
2024
Current ratio1.30
Quick ratio1.30
Working capital ratio20.0%
Solvency16.7%
Debt / equity5.00
Long-term debt ratio0.79
Interest coverage-40.80
Gross margin-
Net margin-
ROA-14.5%
ROE-87.3%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€762k
Fixed assets 21/28€101k
Intangible fixed assets 21€23k
Tangible fixed assets 22/27€3k
Financial fixed assets 28€75k
Current assets 29/58€660k
Amounts receivable within one year 40/41€515k
Cash & bank 54/58€137k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€762k
Equity 10/15€127k
Contributions / capital 10/11€238k
Accumulated profits (losses) 14€-111k
Amounts payable 17/49€635k
Amounts payable after one year 17€100k
Amounts payable within one year 42/48€508k
Trade debts payable within one year 44€39k
Income statement
Gross operating margin 9900€1.62M
Operating result 9901€-108k
Financial charges 65€3k
Result before taxes 9903€-110k
Income taxes 67/77€472
Net result for the period 9904€-111k
Result to be appropriated 9905€-111k
Ratios computed by Checked.
Legal Structure
NACE primary 78200
Legal form Private limited company(610)
Incorporation20-10-2023
StatusActive
Postal code9051
Establishment units 2 locations
Spark HR
Poortakkerstraat 91, 9051 GentOntwerpen en programmeren van computerprogramma's
since 20232.351.912.181
Spark HR
Stationsstraat 10, 9620 ZottegemOntwerpen en programmeren van computerprogramma's
since 20242.360.202.119
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44062A0318/00A000 Flanders 1,418 m² 1 · 81 m² 5.1 m
41081A0553/00L000 Flanders 90 m² 1 · 226 m² 13.5 m · 4 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 1 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
31-07-2025
NBB filing Annual accounts filed
fiscal year 2024 · verkort
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

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Company registry (CBE) Crossroads Bank
Activities
Uitzendbureaus78200Activiteiten van uitzendbureaus en andere diensten in verband met personeelsvoorziening78200Handel in eigen onroerend goed68100Handel in eigen onroerend goed68110Andere vormen van arbeidsbemiddeling78300Administratieve en ondersteunende activiteiten ten behoeve van kantoren82100Diverse administratieve activiteiten ten behoeve van kantoren82110Organisatie van congressen en beurzen82300Organisatie van congressen en beurzen82300Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990
Primary activity highlighted.
Names & trade names
Legal nameNL Spark HR
Registered office
Poortakkerstraat 91 bus 101
9051 Gent, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative