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SparkFish

Active
Private limited companyfounded 20196 yrs activeSint-Truidersteenweg 142, 3500 Hasselt, BelgiumKBO/BCE: BE 0739.872.052
Summary

SparkFish has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€239,111) and a net result of -€130,500. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 6% of 2715 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.42 against 0.7 in 2024; short-term debt: 240.4% and cash: 9.6% of total assets), and equity is negative.
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Signals

Five 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-140.4%
Return on assets
-76.6%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
202122232425
2020 to 2025 · latest year -€239,111
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 27-07-2026, 4 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
4 d early
2024
6 d early
2023
6 d early
2022
11 d early
2021
5 d early
2020
8 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 7 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 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

History

SparkFish was incorporated on 20 December 2019 as a Private limited company.1 Total assets rose from EUR 68,579 in 2020 to EUR 170,282 in 2025 and headcount from 2.3 to 3.1 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
-€239,111▼ 120%
2024 · -€108,611
Total assets
€170,282▼ 31.3%
2024 · €247,911
Net result
-€130,500▼ 84.3%
2024 · -€70,800
Working capital
-€239,081▼ 121%
2024 · -€108,407
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€15,219€42,403▲ 179%€45,338▲ 6.9%-€69,125-€124,296▼ 79.8%
Net result€11,535€36,911▲ 220%€40,880▲ 10.8%-€70,800-€130,500▼ 84.3%
Equity-€115,603▲ 9.1%-€78,691▲ 31.9%-€37,811▲ 51.9%-€108,611▼ 187%-€239,111▼ 120%
Total assets€267,293▲ 290%€219,372▼ 17.9%€249,499▲ 13.7%€247,911▼ 0.6%€170,282▼ 31.3%
Debt€382,896▲ 95.6%€298,063▼ 22.2%€287,310▼ 3.6%€356,523▲ 24.1%€409,393▲ 14.8%
Working capital-€113,831▲ 10.4%-€74,355▲ 34.7%-€24,614▲ 66.9%-€108,407▼ 340%-€239,081▼ 121%
Staff (FTE)2.8▲ 21.7%3.1▲ 10.7%3.4▲ 9.7%4▲ 17.6%3.1▼ 22.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€150,000-€100,000-€50,000€0€50,000Operating result 2021: €15,219€15,219Net result 2021: €11,535€11,535Operating result 2022: €42,403€42,403Net result 2022: €36,911€36,911Operating result 2023: €45,338€45,338Net result 2023: €40,880€40,880Operating result 2024: -€69,125-€69,125Net result 2024: -€70,800-€70,800Operating result 2025: -€124,296-€124,296Net result 2025: -€130,500-€130,50020212022202320242025-€150,000-€100,000-€50,000€0€50,000Operating result 2023: €45,338€45,300Net result 2023: €40,880€40,900Operating result 2024: -€69,125-€69,100Net result 2024: -€70,800-€70,800Operating result 2025: -€124,296-€124,000Net result 2025: -€130,500-€130,000202320242025
The operating result stays negative: a loss of €124,296 in 2025 against €69,125 in 2024; the loss grows and 2025 has the lowest result in the available series.
Key figures and ratios
2025 value · change against 2024
Solvency
-140.4%▼
2024 · -43.8%
Current ratio
0.42▼
2024 · 0.70
Debt to equity
-1.71▲
2024 · -3.28
ROA
-76.6%▼
2024 · -28.6%
Debt ≤ 1 year
€409,363▲
2024 · €356,319
Income taxes
€5,964▲
2024 · €1,035
Staff costs
€228,716▼
2024 · €253,916
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,035 companies that looked in July 2024 the way this one looks now, 7.2% went bankrupt within 24 months and 82% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
7.2% went bankrupt
8.2% stopped otherwise
82% still going

A further 2.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.6%
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 74% 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 6,035 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€247,911€170,282▼
Current assets29/58€247,911€170,282▼
Amounts receivable within one year40/41€161,210€151,341▼
Trade receivables40€103,894€40,038▼
Other amounts receivable41€57,316€111,303▲
Cash at bank and in hand54/58€85,546€16,322▼
Deferred charges and accrued income490/1€1,154€2,620▲
Equity and liabilities
Total equity and liabilities10/49€247,911€170,282▼
Equity10/15-€108,611-€239,111▼
Contributions10/11€10,000€10,000=
Profit (loss) carried forward14-€118,611-€249,111▼
Amounts payable17/49€356,523€409,393▲
Amounts payable within one year42/48€356,319€409,363▲
Trade debts44€209,182€301,247▲
Suppliers440/4€209,182€301,247▲
Advances received on contracts in progress46-€25,000
Taxes, remuneration and social security45€47,137€40,673▼
Taxes450/3€9,565€12,992▲
Remuneration and social security454/9€37,572€27,682▼
Other amounts payable47/48€100,000€42,442▼
Accrued charges and deferred income492/3€204€30▼
Income statement Code20242025
Remuneration, social security and pensions62€253,916€228,716▼
Other operating charges640/8€3,923€2,189▼
Non-recurring operating charges66A€113-
Gross operating margin9900€188,827€106,609▼
Operating profit (loss)9901-€69,125-€124,296▼
Financial income75/76B€0€19▲
Recurring financial income75€0€19▲
Financial charges65/66B€640€260▼
Recurring financial charges65€640€260▼
Profit (loss) for the period before taxes9903-€69,765-€124,536▼
Income taxes67/77€1,035€5,964▲
Profit (loss) for the period9904-€70,800-€130,500▼
Profit (loss) for the period to be appropriated9905-€70,800-€130,500▼
Appropriation of the result
Profit (loss) to be appropriated9906-€118,611-€249,111▼
Profit (loss) brought forward from the previous period14P-€47,811-€118,611▼
Social balance
Average headcount (FTE)9087-3.1

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€178,497€214,443€225,847€253,916€228,716▼ 9.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€833€806----
Other operating charges640/8€62€410€446€3,923€2,189▼ 44.2%
Non-recurring operating charges66A---€113--
Gross operating margin9900€194,612€258,062€271,631€188,827€106,609▼ 43.5%
Operating profit (loss)9901€15,219€42,403€45,338-€69,125-€124,296▼ 79.8%
Financial income75/76B€26€3-€0€19▲ 194,200%
Recurring financial income75€26€3-€0€19▲ 194,200%
Financial charges65/66B€2,731€4,563€3,563€640€260▼ 59.5%
Recurring financial charges65€2,731€4,563€3,563€640€260▼ 59.5%
Profit (loss) for the period before taxes9903€12,514€37,842€41,775-€69,765-€124,536▼ 78.5%
Income taxes67/77€980€931€895€1,035€5,964▲ 476%
Profit (loss) for the period9904€11,535€36,911€40,880-€70,800-€130,500▼ 84.3%
Profit (loss) for the period to be appropriated9905€11,535€36,911€40,880-€70,800-€130,500▼ 84.3%
Line20212022202320242025Change
Assets
Total assets20/58€267,293€219,372€249,499€247,911€170,282▼ 31.3%
Fixed assets21/28€806-----
Intangible fixed assets21€806-----
Current assets29/58€266,486€219,372€249,499€247,911€170,282▼ 31.3%
Amounts receivable within one year40/41€243,200€211,726€178,193€161,210€151,341▼ 6.1%
Trade receivables40€243,200€204,226€176,487€103,894€40,038▼ 61.5%
Other amounts receivable41-€7,500€1,705€57,316€111,303▲ 94.2%
Cash at bank and in hand54/58€20,164€5,106€70,298€85,546€16,322▼ 80.9%
Deferred charges and accrued income490/1€3,122€2,540€1,008€1,154€2,620▲ 127%
Equity and liabilities
Total equity and liabilities10/49€267,293€219,372€249,499€247,911€170,282▼ 31.3%
Equity10/15-€115,603-€78,691-€37,811-€108,611-€239,111▼ 120%
Contributions10/11€10,000€10,000€10,000€10,000€10,000=
Profit (loss) carried forward14-€125,603-€88,691-€47,811-€118,611-€249,111▼ 110%
Amounts payable17/49€382,896€298,063€287,310€356,523€409,393▲ 14.8%
Amounts payable within one year42/48€380,317€293,727€274,113€356,319€409,363▲ 14.9%
Trade debts44€54,164€79,244€209,654€209,182€301,247▲ 44.0%
Suppliers440/4€54,164€79,244€209,654€209,182€301,247▲ 44.0%
Advances received on contracts in progress46----€25,000-
Taxes, remuneration and social security45€59,567€59,031€64,458€47,137€40,673▼ 13.7%
Taxes450/3€32,402€30,943€36,044€9,565€12,992▲ 35.8%
Remuneration and social security454/9€27,165€28,088€28,414€37,572€27,682▼ 26.3%
Other amounts payable47/48€266,586€155,451-€100,000€42,442▼ 57.6%
Accrued charges and deferred income492/3€2,579€4,336€13,197€204€30▼ 85.3%
Line20212022202320242025Change
Profit (loss) for the period9904€11,535€36,911€40,880-€70,800-€130,500▼ 84.3%
+ Depreciation and write-downs630€833€806----
Operating cash flow (approximation)€12,368€37,718€40,880-€70,800-€130,500▼ 84.3%
Change in cash--€15,058€65,192€15,248-€69,225▼ 554%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
25-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2020net €40,880 ▲10.8%
Operating result €45,338, net result €40,880, both a record.
20-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
26-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €11,535
Net result €11,535 after one loss-making year.
23-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
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.

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Directors · office · real estate

Directors
3 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, Hasselt · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
1,652 m²
Building footprint
965 m²
Volume, LiDAR
2,931 m³
Parcel 71325F1002/00A000, Flanders · tallest building 11.8 m, ±1 floor. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
SparkFish
Sint-Truidersteenweg 142, 3500 HasseltOther software publishing
since 20192.297.379.276
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71325F1002/00A000 Flanders 1,652 m² 1 · 965 m² 11.8 m · 1 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.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. Storybird 100%
  2. SparkFish

Highest known parent: Storybird. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 3 entries · 3,110 EUR awarded · 2,879 EUR paid
Year Entries awardedpaid
2025 1 1,494 EUR1,494 EUR
2023 1 231 EUR0 EUR
2022 1 1,385 EUR1,385 EUR
Schemes
3 entries · 3,110 EUR · 2,879 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 30,007 companies in sector 62200 we hold annual accounts for 18,396. 1,641 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded20-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
63920Other information service activities
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0739872052
Also 9925:BE0739872052
Registered 26-08-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.