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SPARK VENTURES

Active
Private limited companyfounded 20251 yr activeKoekelarestraat(ICH) 58, 8480 Ichtegem, BelgiumKBO/BCE: BE 1018.883.743

SPARK VENTURES has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €66k and a net result of €61k. Its solvency ranks better than 83% of 7932 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
89 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency100
Growth-
Track record67
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 4.14; short-term debt: 20.2% and cash: 50% of total assets), and 20.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
79.3%
Return on assets
73.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-07-2026, 16 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
16 d early
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€66k
Total assets
€83k
Net result
€61k
Working capital
€52k

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €83k
Fixed assets €14k
Current assets €69k
Equity and liabilities €83k
Equity €66k
Debt €17k
Debt finances 20.7% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€76k
Cash flow
€61k
Solvency
79.3%
Current ratio
4.14
Quick ratio
4.14
Debt / equity
0.26
ROE
92.4%
ROA
73.3%
Interest coverage
6304.92
Debt
€17k
Debt ≤ 1 year
€17k
Income taxes
€15k
Filed annual accounts
As filed with the NBB · 2025
Balance sheet Code2025
Assets
Total assets20/58€83k
Fixed assets21/28€14k
Tangible fixed assets22/27€14k
Furniture and vehicles24€14k
Current assets29/58€69k
Amounts receivable within one year40/41€296
Trade receivables40€296
Current investments50/53€25k
Cash at bank and in hand54/58€41k
Deferred charges and accrued income490/1€2k
Equity and liabilities
Total equity and liabilities10/49€83k
Equity10/15€66k
Contributions10/11€5k
Reserves13€61k
Distributable reserves133€61k
Amounts payable17/49€17k
Amounts payable within one year42/48€17k
Trade debts44€1k
Suppliers440/4€1k
Taxes, remuneration and social security45€13k
Taxes450/3€11k
Remuneration and social security454/9€2k
Other amounts payable47/48€2k
Accrued charges and deferred income492/3€429
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€635
Gross operating margin9900€76k
Operating profit (loss)9901€76k
Financial income75/76B€408
Recurring financial income75€408
Financial charges65/66B€12
Recurring financial charges65€12
Profit (loss) for the period before taxes9903€76k
Income taxes67/77€15k
Profit (loss) for the period9904€61k
Profit (loss) for the period to be appropriated9905€61k
Appropriation of the result
Profit (loss) to be appropriated9906€61k
Transfer to equity691/2€61k
To other reserves6921€61k

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

2026
15-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
NBB filing

Directors · office · real estate

Directors
1 act for this company is 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, Ichtegem · 1 establishment unit since 2025
establishment The establishment unit on the map
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.

Koekelarestraat(ICH) 588480 Ichtegem
Ground area
4,275 m²
Building footprint
122 m²
Volume, LiDAR
443 m³
Parcel 35006A0223/00S000, Flanders · tallest building 6.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
SPARK VENTURES
Koekelarestraat(ICH) 58, 8480 IchtegemAgents specialised in the wholesale of other particular products
since 20252.369.367.827
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35006A0223/00S000 Flanders 4,275 m² 1 · 122 m² 6.2 m · 1 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

Of 6,157 companies in sector 46190 we hold annual accounts for 2,567. 1,967 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded17-01-2025
Fiscal year end31-12
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
73300Public relations and communication consultancy
74201Photography, excluding press photography
78100Employment placement agencies
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.