SPARK UNIVERSAL
ActiveSummary
The computed 12-month bankruptcy probability of SPARK UNIVERSAL is 1.6% (moderate). The 2025 annual accounts show equity of €4,137 and a net result of €172. Equity is growing by ~42% per year across the filed fiscal years. Its solvency ranks better than 20% of 2026 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).
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Signals
This company filed its last 4 accounts on average 23 days before the deadline; the sector median for financial year 2024 is 4 days before the deadline, and 38% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2025, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 1,250 companies that looked in July 2024 the way this one looks now, 2.4% went bankrupt within 24 months and 94% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a profit under 5% of the balance sheet
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.6% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,250 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €27,570 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €107 | €257 | €257 | = |
| Other operating charges640/8 | - | - | €62 | €521 | ▲ 741% |
| Gross operating margin9900 | -€648 | - | €3,586 | €29,072 | ▲ 711% |
| Operating profit (loss)9901 | -€648 | -€107 | €3,267 | €724 | ▼ 77.8% |
| Financial income75/76B | - | - | - | €0 | - |
| Recurring financial income75 | - | - | - | €0 | - |
| Financial charges65/66B | - | - | €30 | €509 | ▲ 1,597% |
| Recurring financial charges65 | - | - | €30 | €509 | ▲ 1,597% |
| Profit (loss) for the period before taxes9903 | -€648 | -€107 | €3,237 | €216 | ▼ 93.3% |
| Income taxes67/77 | - | - | €518 | €43 | ▼ 91.7% |
| Profit (loss) for the period9904 | -€648 | -€107 | €2,719 | €172 | ▼ 93.7% |
| Profit (loss) for the period to be appropriated9905 | -€648 | -€107 | €2,719 | €172 | ▼ 93.7% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €2,931 | €3,060 | €37,239 | €59,435 | ▲ 59.6% |
| Formation expenses20 | €1,070 | €2,463 | €2,206 | €13,949 | ▲ 532% |
| Current assets29/58 | €1,861 | €597 | €35,033 | €45,486 | ▲ 29.8% |
| Amounts receivable within one year40/41 | €1,421 | €597 | €13,099 | €14,666 | ▲ 12.0% |
| Trade receivables40 | €1,392 | - | €10,946 | €14,314 | ▲ 30.8% |
| Other amounts receivable41 | €29 | €597 | €2,153 | €352 | ▼ 83.6% |
| Cash at bank and in hand54/58 | €440 | - | €21,934 | €30,820 | ▲ 40.5% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €2,931 | €3,060 | €37,239 | €59,435 | ▲ 59.6% |
| Equity10/15 | €1,352 | €1,245 | €3,964 | €4,137 | ▲ 4.3% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | -€648 | -€755 | €1,964 | €2,137 | ▲ 8.8% |
| Amounts payable17/49 | €1,579 | €1,815 | €33,274 | €55,298 | ▲ 66.2% |
| Amounts payable after more than one year17 | - | - | €16,247 | €30,301 | ▲ 86.5% |
| Other amounts payable178/9 | - | - | €16,247 | €30,301 | ▲ 86.5% |
| Amounts payable within one year42/48 | €1,579 | €1,815 | €17,028 | €24,528 | ▲ 44.0% |
| Trade debts44 | €1,579 | €1,815 | €16,510 | €23,967 | ▲ 45.2% |
| Suppliers440/4 | €1,579 | €1,815 | €16,510 | €23,967 | ▲ 45.2% |
| Taxes, remuneration and social security45 | - | - | €518 | €561 | ▲ 8.3% |
| Taxes450/3 | - | - | €518 | €561 | ▲ 8.3% |
| Accrued charges and deferred income492/3 | - | - | - | €469 | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€648 | -€107 | €2,719 | €172 | ▼ 93.7% |
| + Depreciation and write-downs630 | - | €107 | €257 | €257 | = |
| Operating cash flow (approximation) | -€648 | €0 | €2,976 | €429 | ▼ 85.6% |
| Change in cash | - | - | - | €8,885 | - |
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
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31039A0208/00K000 | Flanders | 772 m² | 1 · 150 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.