2sparks: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
2sparks
Largest movements
- Tangible fixed assets +€47,859
up €47,859 (+365%), from €13,123 to €60,982
of which Leasing and similar rights: +€40,815
- Cash +€15,335
up €15,335 (+43.4%), from €35,319 to €50,654
mainly Net result for the year (+€44,567) and Debts after one year (+€25,261)
- Deferred charges and accrued income +€9,193
new in 2025: €9,193
- Receivables within one year +€7,414
up €7,414 (+355%), from €2,086 to €9,500
of which Other amounts receivable: +€8,554
- Stocks and contracts -€3,214
down €3,214 (-86.9%), from €3,700 to €486
of which Contracts in progress: -€3,700
- Reserves +€44,567
up €44,567 (+92.1%), from €48,413 to €92,980
- Debts after one year +€25,261
new in 2025: €25,261
- Trade debts +€13,129
up €13,129 (+22,845%), from €57 to €13,187
- Tax, wage and social debts -€11,798
down €11,798 (-94.1%), from €12,540 to €742
- Current portion of long-term debt +€5,916
new in 2025: €5,916
- Gross operating margin -€5,893
down €5,893 (-9.1%), from €64,464 to €58,570
- Taxes -€1,798
down €1,798 (-14.3%), from €12,540 to €10,742
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €66,729 | €143,314 | +€76,585 | +115% |
| Fixed assets | 21/28 | €25,623 | €73,482 | +€47,859 | +187% |
| Tangible fixed assets | 22/27 | €13,123 | €60,982 | +€47,859 | +365% |
| Land and buildings | 22 | €1,179 | €1,052 | -€127 | -10.7% |
| Plant, machinery and equipment | 23 | €1,076 | €834 | -€242 | -22.5% |
| Furniture and vehicles | 24 | €10,868 | €18,281 | +€7,413 | +68.2% |
| Leasing and similar rights | 25 | - | €40,815 | +€40,815 | |
| Financial fixed assets | 28 | €12,500 | €12,500 | = | 0.0% |
| Current assets | 29/58 | €41,106 | €69,832 | +€28,727 | +69.9% |
| Stocks and contracts in progress | 3 | €3,700 | €486 | -€3,214 | -86.9% |
| Stocks | 30/36 | - | €486 | +€486 | |
| Contracts in progress | 37 | €3,700 | - | -€3,700 | |
| Amounts receivable within one year | 40/41 | €2,086 | €9,500 | +€7,414 | +355% |
| Trade receivables | 40 | €1,140 | - | -€1,140 | |
| Other amounts receivable | 41 | €946 | €9,500 | +€8,554 | +904% |
| Cash at bank and in hand | 54/58 | €35,319 | €50,654 | +€15,335 | +43.4% |
| Deferred charges and accrued income | 490/1 | - | €9,193 | +€9,193 | |
| Total equity and liabilities | 10/49 | €66,729 | €143,314 | +€76,585 | +115% |
| Equity | 10/15 | €53,413 | €97,980 | +€44,567 | +83.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €48,413 | €92,980 | +€44,567 | +92.1% |
| Distributable reserves | 133 | €48,413 | €92,980 | +€44,567 | +92.1% |
| Amounts payable | 17/49 | €13,315 | €45,334 | +€32,019 | +240% |
| Amounts payable after more than one year | 17 | - | €25,261 | +€25,261 | |
| Financial debts | 170/4 | - | €25,261 | +€25,261 | |
| Amounts payable within one year | 42/48 | €12,625 | €19,845 | +€7,219 | +57.2% |
| Current portion of amounts payable after more than one year | 42 | - | €5,916 | +€5,916 | |
| Financial debts | 43 | €27 | - | -€27 | |
| Credit institutions | 430/8 | €27 | - | -€27 | |
| Trade debts | 44 | €57 | €13,187 | +€13,129 | +22,845% |
| Suppliers | 440/4 | €57 | €13,187 | +€13,129 | +22,845% |
| Taxes, remuneration and social security | 45 | €12,540 | €742 | -€11,798 | -94.1% |
| Taxes | 450/3 | €12,540 | €742 | -€11,798 | -94.1% |
| Accrued charges and deferred income | 492/3 | €690 | €229 | -€461 | -66.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,319 | €2,823 | -€496 | -14.9% |
| Other operating charges | 640/8 | €162 | €218 | +€56 | +34.4% |
| Gross operating margin | 9900 | €64,464 | €58,570 | -€5,893 | -9.1% |
| Operating profit (loss) | 9901 | €60,983 | €55,529 | -€5,453 | -8.9% |
| Financial income | 75/76B | €1 | €10 | +€9 | +1,570% |
| Recurring financial income | 75 | €1 | €10 | +€9 | +1,570% |
| Financial charges | 65/66B | €30 | €231 | +€201 | +681% |
| Recurring financial charges | 65 | €30 | €231 | +€201 | +681% |
| Profit (loss) for the period before taxes | 9903 | €60,954 | €55,309 | -€5,645 | -9.3% |
| Income taxes | 67/77 | €12,540 | €10,742 | -€1,798 | -14.3% |
| Profit (loss) for the period | 9904 | €48,413 | €44,567 | -€3,847 | -7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €48,413 | €44,567 | -€3,847 | -7.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.