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Sparkle

Active
Public limited companyfounded 20179 yrs activeGrauwmeer 1, 3001 Leuven, BelgiumKBO/BCE: BE 0669.639.795
Summary

Sparkle has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €141,872 and a net result of -€27,897. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 36% of 1453 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability14▼-58
Solvency48▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity short (current ratio 0.33 against 0.57 in 2024; short-term debt: 77.5% and cash: 1% of total assets), and 77.5% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
−lowers 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 →
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 · 8 filings
Deviation from the deadline
2025
4 d early
2024
22 d late
2023
14 d late
2022
3 d late
2021
3 d late
2020
19 d late
2019
22 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 5 days after 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. Usually files around 3 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 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

On 16 January 2017, Sparkle was incorporated.1 Revenue went from EUR 1.7 million in 2018 to EUR 420,589 in 2025 and headcount from 2.6 to 0.8 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€420,589▼ 40.6%
2024 · €708,070
EBIT margin
-1.3%▼ 15.0pp
2024 · 13.8%
Net result
-€27,897
2024 · €72,624
Working capital
-€324,895▼ 9.4%
2024 · -€296,906
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€3.1m▲ 38.6%€4.4m▲ 42.1%€4.4m▲ 0.8%€708,070▼ 84.0%€420,589▼ 40.6%
Operating result€75,569▼ 54.3%€30,155▼ 60.1%-€59,110€97,471-€5,391
Net result€44,535within the sector's middle half▼ 60.8%€1,759within the sector's middle half▼ 96.0%-€103,983below the sector's middle half€72,624within the sector's middle half-€27,897within the sector's middle half
EBIT margin2.4%▼ 5.0pp0.7%▼ 1.8pp-1.3%▼ 2.0pp13.8%▲ 15.1pp-1.3%▼ 15.0pp
Equity€199,368within the sector's middle half▲ 28.8%€201,128within the sector's middle half▲ 0.9%€97,145within the sector's middle half▼ 51.7%€169,769within the sector's middle half▲ 74.8%€141,872within the sector's middle half▼ 16.4%
Total assets€720,244within the sector's middle half▲ 7.9%€1.2mwithin the sector's middle half▲ 70.9%€1.2mwithin the sector's middle half▼ 3.0%€857,597within the sector's middle half▼ 28.2%€629,587within the sector's middle half▼ 26.6%
Debt€520,876▲ 1.6%€1.0m▲ 97.7%€1.1m▲ 6.5%€687,829▼ 37.3%€487,715▼ 29.1%
Working capital€141,683within the sector's middle half▼ 5.5%-€125,730below the sector's middle half-€283,645below the sector's middle half▼ 126%-€296,906below the sector's middle half▼ 4.7%-€324,895below the sector's middle half▼ 9.4%
Solvency27.7%within the sector's middle half▲ 4.5pp16.3%below the sector's middle half▼ 11.3pp8.1%below the sector's middle half▼ 8.2pp19.8%within the sector's middle half▲ 11.7pp22.5%within the sector's middle half▲ 2.7pp
Current ratio1.27within the sector's middle half▼ 0.020.88below the sector's middle half▼ 0.390.74below the sector's middle half▼ 0.140.57below the sector's middle half▼ 0.170.33below the sector's middle half▼ 0.23
Return on assets (ROA)6.2%within the sector's middle half▼ 10.8pp0.1%within the sector's middle half▼ 6.0pp-8.7%below the sector's middle half▼ 8.9pp8.5%within the sector's middle half▲ 17.2pp-4.4%within the sector's middle half▼ 12.9pp
Staff (FTE)7.7within the sector's middle half▲ 6.9%11.1within the sector's middle half▲ 44.2%16.1above the sector's middle half▲ 45.0%12.6above the sector's middle half▼ 21.7%0.8below the sector's middle half▼ 93.7%
above within below the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
  • 2025 Staff (FTE) -94% on 2024. The accounts now follow the full schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
-€200,000-€100,000€0€100,000Operating result 2021: €75,569€75,569Net result 2021: €44,535€44,535Operating result 2022: €30,155€30,155Net result 2022: €1,759€1,759Operating result 2023: -€59,110-€59,110Net result 2023: -€103,983-€103,983Operating result 2024: €97,471€97,471Net result 2024: €72,624€72,624Operating result 2025: -€5,391-€5,391Net result 2025: -€27,897-€27,89720212022202320242025-€200,000-€100,000€0€100,000Operating result 2023: -€59,110-€59,100Net result 2023: -€103,983-€104,000Operating result 2024: €97,471€97,500Net result 2024: €72,624€72,600Operating result 2025: -€5,391-€5,390Net result 2025: -€27,897-€27,900202320242025
The operating result turns negative in 2025: a loss of €5,391 after €97,471 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €629,587
Fixed assets €466,767 =
Current assets €162,820 ▼ 58.3%
Equity and liabilities €629,587
Equity €141,872 ▼ 16.4%
Debt €487,715 ▼ 29.1%
Debt's share of the balance-sheet total falls from 80.2% to 77.5%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€4,633▼
2024 · €98,968
Cash flow
-€27,139▼
2024 · €74,121
Debt to equity
3.44▼
2024 · 4.05
ROE
-19.7%▼
2024 · 42.8%
Interest coverage
-0.21▼
2024 · 4.82
Debt ≤ 1 year
€487,715▼
2024 · €687,829
Income taxes
€176▼
2024 · €4,331
Staff costs
€87,507▼
2024 · €126,583
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet Code20242025
Assets
Total assets20/58€857,597€629,587▼
Fixed assets21/28€466,675€466,767=
Tangible fixed assets22/27€899€992▲
Plant, machinery and equipment23€725€992▲
Furniture and vehicles24€174-
Financial fixed assets28€465,776€465,776=
Current assets29/58€390,923€162,820▼
Amounts receivable within one year40/41€372,672€148,765▼
Trade receivables40€253,162€89,241▼
Other amounts receivable41€119,510€59,524▼
Cash at bank and in hand54/58€15,521€6,390▼
Deferred charges and accrued income490/1€2,730€7,665▲
Equity and liabilities
Total equity and liabilities10/49€857,597€629,587▼
Equity10/15€169,769€141,872▼
Contributions10/11€62,000€62,000=
Capital10€62,000€62,000=
Issued capital100€62,000€62,000=
Reserves13€107,700€79,800▼
Non-distributable reserves130/1€6,200€6,200=
Legal reserve130€6,200€6,200=
Distributable reserves133€101,500€73,600▼
Profit (loss) carried forward14€69€72▲
Amounts payable17/49€687,829€487,715▼
Amounts payable within one year42/48€687,829€487,715▼
Trade debts44€146,402€66,680▼
Suppliers440/4€146,402€66,680▼
Taxes, remuneration and social security45€18,934€10,560▼
Taxes450/3€4,331€2,796▼
Remuneration and social security454/9€14,603€7,764▼
Other amounts payable47/48€522,493€410,476▼
Income statement Code20242025
Turnover70€708,070€420,589▼
Non-recurring operating income76A€4,065-
Goods, raw materials, services and sundry goods60/61€934,466€372,436▼
Remuneration, social security and pensions62€126,583€87,507▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,497€758▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€11,030
Other operating charges640/8€5,901€1,545▼
Non-recurring operating charges66A€19-
Gross operating margin9900€231,472€95,449▼
Operating profit (loss)9901€97,471-€5,391▼
Financial income75/76B€0€1▲
Recurring financial income75€0€1▲
Financial charges65/66B€20,516€22,331▲
Recurring financial charges65€20,516€22,331▲
Profit (loss) for the period before taxes9903€76,955-€27,720▼
Income taxes67/77€4,331€176▼
Profit (loss) for the period9904€72,624-€27,897▼
Profit (loss) for the period to be appropriated9905€72,624-€27,897▼
Appropriation of the result
Profit (loss) to be appropriated9906€101,569-€27,828▼
Profit (loss) brought forward from the previous period14P€28,945€69▼
Transfer from equity791/2-€27,900
Transfer to equity691/2€101,500-
To other reserves6921€101,500-
Social balance
Average headcount (FTE)908712.60.8▼

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

Line20212022202320242025Change
Turnover70€3.1m€4.4m€4.4m€708,070€420,589▼ 40.6%
Non-recurring operating income76A€49-€108€4,065--
Goods, raw materials, services and sundry goods60/61€2.5m€3.5m€3.2m€934,466€372,436▼ 60.1%
Remuneration, social security and pensions62€513,738€895,086€1.3m€126,583€87,507▼ 30.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,962€5,138€16,870€1,497€758▼ 49.4%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€11,030-
Other operating charges640/8€2,890€3,425€4,534€5,901€1,545▼ 73.8%
Non-recurring operating charges66A---€19--
Gross operating margin9900€597,159€933,804€1.3m€231,472€95,449▼ 58.8%
Operating profit (loss)9901€75,569€30,155-€59,110€97,471-€5,391▼ 106%
Financial income75/76B€284-€11€0€1▲ 145%
Recurring financial income75€284-€11€0€1▲ 145%
Financial charges65/66B€4,700€20,401€41,885€20,516€22,331▲ 8.8%
Recurring financial charges65€4,700€20,401€41,885€20,516€22,331▲ 8.8%
Profit (loss) for the period before taxes9903€71,152€9,754-€100,984€76,955-€27,720▼ 136%
Income taxes67/77€26,617€7,995€2,999€4,331€176▼ 95.9%
Profit (loss) for the period9904€44,535€1,759-€103,983€72,624-€27,897▼ 138%
Profit (loss) for the period to be appropriated9905€44,535€1,759-€103,983€72,624-€27,897▼ 138%
Line20212022202320242025Change
Assets
Total assets20/58€720,244€1.2m€1.2m€857,597€629,587▼ 26.6%
Fixed assets21/28€57,686€326,858€380,789€466,675€466,767=
Tangible fixed assets22/27€8,086€29,756€33,603€899€992▲ 10.3%
Plant, machinery and equipment23€6,432€28,717€32,523€725€992▲ 36.8%
Furniture and vehicles24€1,654€1,039€1,080€174--
Financial fixed assets28€49,600€297,102€347,186€465,776€465,776=
Current assets29/58€662,559€903,995€813,268€390,923€162,820▼ 58.3%
Amounts receivable within one year40/41€638,257€854,580€728,379€372,672€148,765▼ 60.1%
Trade receivables40€580,337€854,329€728,003€253,162€89,241▼ 64.7%
Other amounts receivable41€57,920€251€376€119,510€59,524▼ 50.2%
Cash at bank and in hand54/58€12,514€33,276€57,781€15,521€6,390▼ 58.8%
Deferred charges and accrued income490/1€11,787€16,139€27,108€2,730€7,665▲ 181%
Equity and liabilities
Total equity and liabilities10/49€720,244€1.2m€1.2m€857,597€629,587▼ 26.6%
Equity10/15€199,368€201,128€97,145€169,769€141,872▼ 16.4%
Contributions10/11€62,000€62,000€62,000€62,000€62,000=
Capital10€62,000€62,000€62,000€62,000€62,000=
Issued capital100€62,000€62,000€62,000€62,000€62,000=
Reserves13€136,200€138,200€6,200€107,700€79,800▼ 25.9%
Non-distributable reserves130/1€6,200€6,200€6,200€6,200€6,200=
Legal reserve130€6,200€6,200€6,200€6,200€6,200=
Distributable reserves133€130,000€132,000-€101,500€73,600▼ 27.5%
Profit (loss) carried forward14€1,168€928€28,945€69€72▲ 5.0%
Amounts payable17/49€520,876€1.0m€1.1m€687,829€487,715▼ 29.1%
Amounts payable within one year42/48€520,876€1.0m€1.1m€687,829€487,715▼ 29.1%
Trade debts44€422,669€450,950€438,045€146,402€66,680▼ 54.5%
Suppliers440/4€422,669€450,950€438,045€146,402€66,680▼ 54.5%
Taxes, remuneration and social security45€98,207€139,268€165,918€18,934€10,560▼ 44.2%
Taxes450/3€42,168€33,515€30,793€4,331€2,796▼ 35.4%
Remuneration and social security454/9€56,039€105,753€135,124€14,603€7,764▼ 46.8%
Other amounts payable47/48-€439,508€492,951€522,493€410,476▼ 21.4%
Line20212022202320242025Change
Profit (loss) for the period9904€44,535€1,759-€103,983€72,624-€27,897▼ 138%
+ Depreciation and write-downs630€4,962€5,138€16,870€1,497€758▼ 49.4%
Operating cash flow (approximation)€49,496€6,897-€87,113€74,121-€27,139▼ 137%
Investment in fixed assets (approximation)--€274,310-€70,802-€87,383-€850▲ 99.0%
Change in cash-€20,762€24,506-€42,260-€9,131▲ 78.4%

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 · full schema
2025
22-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 22 days late
2024
31-12
Financial Back to profitnet €72,624
Net result €72,624 after one loss-making year.
31-12
Financial Equity above €150,000Eq €169,769 ▲74.8%
Equity rises from €97,145 to €169,769.
14-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 14 days late
2023
03-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 3 days late
2022
31-12
Financial Equity above €200,000Eq €201,128 ▲0.9%
4 profitable years in a row build equity to €201,128.
03-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 3 days late
2021
19-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 19 days late
2020
31-12
Financial Highest result since 2018net €113,473 ▲26.7%
Operating result €165,232, net result €113,473, both a record.
31-12
Financial Equity above €150,000Eq €154,834 ▲274%
2 profitable years in a row build equity to €154,834.
09-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Back to profitnet €89,558
Net result €89,558 after one loss-making year.
21-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts

We know of 12 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
12 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, Leuven · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
2,588 m²
Parcel 24514B0181/00Z000, Flanders. Linked by address, not a title deed.
104 companies at this address See who is registered here
1 establishment unit
Sparkle
Grauwmeer 1/44, 3001 LeuvenComputer programming, consultancy and related activities
since 20172.264.336.920
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24514B0181/00Z000 Flanders 2,588 m² - -
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

Part of the group Nuclys 450 companies Group, risk and exposure

Owners and holdings

1 owner · 3 holdings

Chain of control

  1. Nuclys 95.22%
  2. De Cronos Groep 100%
  3. Divirsiti 90%
  4. DataToday 85%
  5. Sparkle

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

Owners 1

Holdings 3

According to the 2025 annual accounts of Sparkle and those 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.

Similar companies · same sector, comparable size

Of 30,007 companies in sector 62200 we hold annual accounts for 18,400. 15,381 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded16-01-2017
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID 0208:0669639795
Also 9925:BE0669639795

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.