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Sparkle Chips

Active
Private limited companyfounded 2024active for 2 yearsZeedijk 174, 8370 Blankenberge, BelgiumKBO/BCE: BE 1012.612.791
Summary

Sparkle Chips has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €85,359 and a net result of €75,359. Its solvency ranks better than 46% of 16,350 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Financials · financial year 2025, micro format

Equity
€85,359
Total assets
€329,764
Net result
€75,359
Working capital
€96,182

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €329,764
Fixed assets €152,521
Current assets €177,243
Equity and liabilities €329,764
Equity €85,359
Debt €244,405
Debt finances 74.1% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€124,913
Cash flow
€105,350
Current ratio
2.19
Quick ratio
2.16
Debt to equity
2.86
ROE
88.3%
ROA
22.9%
Interest coverage
39.82
Debt ≤ 1 year
€81,061
Debt > 1 year
€163,267
Income taxes
€16,465
Staff costs
€275

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.4% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94.4% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% 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 497,470 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 7,976 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 · 45 lines
Balance sheet Code2025
Assets
Total assets20/58€329,764
Fixed assets21/28€152,521
Tangible fixed assets22/27€143,785
Plant, machinery and equipment23€73,653
Furniture and vehicles24€388
Leasing and similar rights25€11,470
Other tangible fixed assets26€58,274
Financial fixed assets28€8,736
Current assets29/58€177,243
Stocks and contracts in progress3€2,071
Stocks30/36€2,071
Amounts receivable within one year40/41€13,713
Trade receivables40€1,879
Other amounts receivable41€11,834
Cash at bank and in hand54/58€159,037
Deferred charges and accrued income490/1€2,422
Equity and liabilities
Total equity and liabilities10/49€329,764
Equity10/15€85,359
Contributions10/11€10,000
Profit (loss) carried forward14€75,359
Amounts payable17/49€244,405
Amounts payable after more than one year17€163,267
Financial debts170/4€163,267
Amounts payable within one year42/48€81,061
Current portion of amounts payable after more than one year42€39,463
Trade debts44€17,947
Suppliers440/4€17,947
Taxes, remuneration and social security45€22,240
Taxes450/3€22,240
Other amounts payable47/48€1,410
Accrued charges and deferred income492/3€78
Income statement Code2025
Remuneration, social security and pensions62€275
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29,991
Other operating charges640/8€5,647
Gross operating margin9900€130,835
Operating profit (loss)9901€94,922
Financial income75/76B€39
Recurring financial income75€39
Financial charges65/66B€3,137
Recurring financial charges65€3,137
Profit (loss) for the period before taxes9903€91,825
Income taxes67/77€16,465
Profit (loss) for the period9904€75,359
Profit (loss) for the period to be appropriated9905€75,359
Appropriation of the result
Profit (loss) to be appropriated9906€75,359

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€275
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29,991
Other operating charges640/8€5,647
Gross operating margin9900€130,835
Operating profit (loss)9901€94,922
Financial income75/76B€39
Recurring financial income75€39
Financial charges65/66B€3,137
Recurring financial charges65€3,137
Profit (loss) for the period before taxes9903€91,825
Income taxes67/77€16,465
Profit (loss) for the period9904€75,359
Profit (loss) for the period to be appropriated9905€75,359
Line2025
Assets
Total assets20/58€329,764
Fixed assets21/28€152,521
Tangible fixed assets22/27€143,785
Plant, machinery and equipment23€73,653
Furniture and vehicles24€388
Leasing and similar rights25€11,470
Other tangible fixed assets26€58,274
Financial fixed assets28€8,736
Current assets29/58€177,243
Stocks and contracts in progress3€2,071
Stocks30/36€2,071
Amounts receivable within one year40/41€13,713
Trade receivables40€1,879
Other amounts receivable41€11,834
Cash at bank and in hand54/58€159,037
Deferred charges and accrued income490/1€2,422
Equity and liabilities
Total equity and liabilities10/49€329,764
Equity10/15€85,359
Contributions10/11€10,000
Profit (loss) carried forward14€75,359
Amounts payable17/49€244,405
Amounts payable after more than one year17€163,267
Financial debts170/4€163,267
Amounts payable within one year42/48€81,061
Current portion of amounts payable after more than one year42€39,463
Trade debts44€17,947
Suppliers440/4€17,947
Taxes, remuneration and social security45€22,240
Taxes450/3€22,240
Other amounts payable47/48€1,410
Accrued charges and deferred income492/3€78
Line2025
Profit (loss) for the period9904€75,359
+ Depreciation and write-downs630€29,991
Operating cash flow (approximation)€105,350

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

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
30-09-2025 micro format 30-03-2026 2026-00068914

Similar companies · same sector, comparable size

Of the 21,394 active companies whose main activity is limited-service restaurants, excluding mobile food services (NACE 56112), figures are known for 9,817. 8,017 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.