Sparkle LDW is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1k and a net result of €32k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 8013 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 8013 sector peers (2025).
NBB · sector comparisonPosition among 8013 sector peers
Solvency
better than 9%
← weakest
strongest →
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 22-04-2026, 100 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
100 d early
2024
1 d early
2023
13 d early
2022
11 d early
2021
26 d early
2020
1 d early
2019
on the day
← before the deadline
after the deadline →
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 monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1k▼ 95.9%
2024 · €24k
2018: €25k
2019: €32k
2020: €60k
2021: €83k
2022: €68k
2023: €12k
2024: €24k
2018 → 2025
Net result
€32k▲ 157%
2024 · €12k
2018: €19k
2019: €7k
2020: €28k
2021: €23k
2022: €30k
2023: €11k
2024: €12k
2018 → 2025
Total assets
€91k▲ 18.8%
2024 · €76k
2018: €35k
2019: €37k
2020: €109k
2021: €95k
2022: €77k
2023: €30k
2024: €76k
2018 → 2025
Solvency
1.1%▼ 30.7pp
2024 · 31.8%
2018: 72.4%
2019: 86.7%
2020: 55.6%
2021: 87.8%
2022: 88.5%
2023: 39.8%
2024: 31.8%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€83k-€68k▼ 18.3%€12k▼ 82.7%€24k▲ 106%€1k▼ 95.9%
Operating result€30k-€39k▲ 29.0%€14k▼ 63.1%€17k▲ 17.3%€37k▲ 120%
Net result€23k-€30k▲ 31.9%€11k▼ 64.0%€12k▲ 15.8%€32k▲ 157%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 120% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €91k
Fixed assets
€7k▼ 4.7%
Current assets
€83k▲ 21.5%
Equity and liabilities €91k
Equity
€1k▼ 95.9%
Debt
€90k▲ 72.1%
The debt ratio rises from 68.2% to 98.9%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
1.1%▼
2024 · 31.8%
ROA
35.3%▲
2024 · 16.3%
Debt
€90k▲
2024 · €52k
Debt ≤ 1 year
€90k▲
2024 · €52k
Income taxes
€9k▲
2024 · €4k
A ratio outside any meaningful range has been withheld (balance sheet total €91k, equity €1k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€76k€91k▲
Fixed assets21/28€8k€7k▼
Tangible fixed assets22/27€8k€7k▼
Plant, machinery and equipment23€3k€3k▼
Furniture and vehicles24€4k€4k▲
Current assets29/58€68k€83k▲
Amounts receivable within one year40/41€56k€72k▲
Trade receivables40€14k€29k▲
Other amounts receivable41€43k€43k▼
Cash at bank and in hand54/58€11k€10k▼
Deferred charges and accrued income490/1€818€1k▲
Equity and liabilities
Total equity and liabilities10/49€76k€91k▲
Equity10/15€24k€1k▼
Contributions10/11€1k€1k=
Reserves13€23k-
Distributable reserves133€23k-
Amounts payable17/49€52k€90k▲
Amounts payable within one year42/48€52k€90k▲
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Taxes, remuneration and social security45€6k€10k▲
Taxes450/3€6k€10k▲
Other amounts payable47/48€44k€77k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€861€904▲
Gross operating margin9900€20k€39k▲
Operating profit (loss)9901€17k€37k▲
Financial income75/76B€0€4k▲
Recurring financial income75€0€4k▲
Financial charges65/66B€141€140▼
Recurring financial charges65€141€140▼
Profit (loss) for the period before taxes9903€17k€41k▲
Income taxes67/77€4k€9k▲
Profit (loss) for the period9904€12k€32k▲
Profit (loss) for the period to be appropriated9905€12k€32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€23k€32k▲
Profit (loss) brought forward from the previous period14P€11k-
Transfer from equity791/2-€23k
Transfer to equity691/2€23k-
To other reserves6921€23k-
Profit to be distributed694/7-€55k
Return on contributions (dividend)694-€55k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €32k ▲157%
Net result €32k, the highest in the series.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity quadruplescurrent ratio 7.60
Current ratio from 2.09 to 7.60; short-term debt falls from €48k to €12k.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €7k ▼65%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 7.26
Current ratio from 3.36 to 7.26; short-term debt falls from €10k to €5k.
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Mechelen · 1 establishment unit since 2018
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.
Humbeekseweg(HOM) 72811 MechelenGround area
2,011 m²
Building footprint
175 m²
Parcel 12016B0358/00P000, Flanders. Linked by address, not a title deed.
1 establishment unit
Sparkle LDW
since 20182.272.546.484
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12016B0358/00P000 | Flanders | 2,011 m² | 1 · 175 m² | - |
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.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 1,455 EUR awarded · 1,455 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 0 EUR | 1,455 EUR |
| 2022 | 1 | 1,455 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,760. 1,001 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-01-2018
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
68110Buying and selling of own real estate
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.