THE SPARROW
ActiveSummary
THE SPARROW has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €190k and a net result of €11k. Equity is growing by ~8.4% per year across the filed fiscal years. Its solvency ranks better than 69% of 8663 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability48▼-12
Solvency97▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity short (current ratio 0.55 against 0.49 in 2024; short-term debt: 27.7% and cash: 8.8% of total assets), and 27.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
72.3%
Return on assets
4.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
28 d late
2022
25 d late
2021
11 d early
2020
27 d late
2019
119 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€11k▼ 53.9%
2024 · €24k
2018: €11k
2019: €8k
2020: €5k
2021: €995
2022: €31k
2023: €41k
2024: €24k
2018 → 2025
Working capital
€-33k▲ 17.7%
2024 · €-40k
2018: €2k
2019: €2k
2020: €6k
2021: €-41k
2022: €-55k
2023: €-60k
2024: €-40k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€112k-€121k▲ 7.4%€162k▲ 34.4%€183k▲ 12.9%€190k▲ 3.8%
Operating result€24k-€31k▲ 31.7%€31k▼ 1.4%€13k▼ 59.2%€6k▼ 53.2%
Net result€995-€31k▲ 3,042%€41k▲ 32.7%€24k▼ 42.4%€11k▼ 53.9%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 53% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €263k
Fixed assets
€223k =
Current assets
€40k ▲ 5.5%
Equity and liabilities €263k
Equity
€190k ▲ 3.8%
Debt
€73k ▼ 6.3%
Debt's share of the balance-sheet total falls from 29.8% to 27.7%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
0.55▲
2024 · 0.49
Debt to equity
0.38▼
2024 · 0.42
ROE
5.8%▼
2024 · 13.1%
ROA
4.2%▼
2024 · 9.2%
Debt ≤ 1 year
€73k▼
2024 · €78k
Income taxes
€3k▼
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€261k€263k▲
Fixed assets21/28€223k€223k=
Financial fixed assets28€223k€223k=
Current assets29/58€38k€40k▲
Amounts receivable within one year40/41€3k€7k▲
Trade receivables40-€7k
Other amounts receivable41€3k€411▼
Current investments50/53€8k€9k▲
Cash at bank and in hand54/58€27k€23k▼
Deferred charges and accrued income490/1€526€655▲
Equity and liabilities
Total equity and liabilities10/49€261k€263k▲
Equity10/15€183k€190k▲
Contributions10/11€30k€30k=
Reserves13€84k€91k▲
Distributable reserves133€84k€91k▲
Profit (loss) carried forward14€69k€69k=
Amounts payable17/49€78k€73k▼
Amounts payable within one year42/48€78k€73k▼
Trade debts44€2k€3k▲
Suppliers440/4€2k€3k▲
Taxes, remuneration and social security45€19k€10k▼
Taxes450/3€19k€10k▼
Other amounts payable47/48€56k€60k▲
Income statement
Code20242025
Other operating charges640/8€501€521▲
Gross operating margin9900€13k€6k▼
Operating profit (loss)9901€13k€6k▼
Financial income75/76B€20k€10k▼
Recurring financial income75€20k€10k▼
Financial charges65/66B€6k€3k▼
Recurring financial charges65€6k€3k▼
Profit (loss) for the period before taxes9903€27k€14k▼
Income taxes67/77€3k€3k▼
Profit (loss) for the period9904€24k€11k▼
Profit (loss) for the period to be appropriated9905€24k€11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€92k€80k▼
Profit (loss) brought forward from the previous period14P€68k€69k▲
Transfer from equity791/2€3k€4k▲
Transfer to equity691/2€23k€11k▼
To other reserves6921€23k€11k▼
Profit to be distributed694/7€3k€4k▲
Return on contributions (dividend)694€3k€4k▲
The notes to these accounts (4 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 29 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 28 days late
2023
31-12
Financial
Highest result since 2018net €41k ▲32.7%
Net result €41k, the highest in the series.
31-12
Financial
Equity above €150kEq €162k ▲34.4%
6 profitable years in a row build equity to €162k.
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 25 days late
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €995 ▼80.3%
Net result drops to €995, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 119 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 30 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Braine-le-Château · 2 establishment units since 1988
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.
Rue des Frères Herpain(W-B) 361440 Braine-le-ChâteauGround area
1.0 ha
Building footprint
953 m²
Volume, LiDAR
1,786 m³
3 parcels, Flanders, Wallonia · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
THE SPARROW SPRL
since 19882.032.761.593
THE SPARROW
since 19892.032.761.494
3 parcels
Flanders
1
(33.3%)
Wallonia
2
(66.7%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25782C0258/00D000 | Wallonia | 6,279 m² | 1 · 610 m² | - |
| 25111A0569/00D000 | Wallonia | 3,623 m² | 1 · 256 m² | 6.1 m · 1 fl. |
| 23094D0364/00L004 | Flanders | 149 m² | 1 · 87 m² | 12.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
894500CBL242CZNA0L94
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 40,204 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-11-1987
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.