ISPARK: what changed
Two fiscal 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.
ISPARK
Largest movements
- Cash -€19,119
down €19,119 (-80.2%), from €23,848 to €4,729
mainly Net result for the year (-€10,842) and Trade debts (-€5,232)
- Receivables within one year +€3,044
up €3,044 (+93.7%), from €3,251 to €6,295
of which Trade receivables: +€2,346
- Profit (loss) carried forward -€10,842
down €10,842, from €8,162 to -€2,680
- Trade debts -€5,232
down €5,232 (-53.7%), from €9,737 to €4,505
- Gross operating margin +€518
up €518 (+4.8%), from -€10,859 to -€10,341
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.
Cash bridge derived
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 | €27,200 | €11,125 | -€16,075 | -59.1% |
| Fixed assets | 21/28 | €101 | €101 | = | 0.0% |
| Financial fixed assets | 28 | €101 | €101 | = | 0.0% |
| Current assets | 29/58 | €27,099 | €11,024 | -€16,075 | -59.3% |
| Amounts receivable within one year | 40/41 | €3,251 | €6,295 | +€3,044 | +93.7% |
| Trade receivables | 40 | €2,654 | €5,000 | +€2,346 | +88.4% |
| Other amounts receivable | 41 | €597 | €1,295 | +€698 | +116.9% |
| Cash at bank and in hand | 54/58 | €23,848 | €4,729 | -€19,119 | -80.2% |
| Total equity and liabilities | 10/49 | €27,200 | €11,125 | -€16,075 | -59.1% |
| Equity | 10/15 | €17,462 | €6,620 | -€10,842 | -62.1% |
| Contributions | 10/11 | €9,300 | €9,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,162 | -€2,680 | -€10,842 | |
| Amounts payable | 17/49 | €9,737 | €4,505 | -€5,232 | -53.7% |
| Amounts payable within one year | 42/48 | €9,737 | €4,505 | -€5,232 | -53.7% |
| Trade debts | 44 | €9,737 | €4,505 | -€5,232 | -53.7% |
| Suppliers | 440/4 | €9,737 | €4,505 | -€5,232 | -53.7% |
| Other operating charges | 640/8 | €220 | €220 | = | 0.0% |
| Gross operating margin | 9900 | -€10,859 | -€10,341 | +€518 | +4.8% |
| Operating profit (loss) | 9901 | -€11,079 | -€10,561 | +€518 | +4.7% |
| Financial charges | 65/66B | €228 | €281 | +€53 | +23.1% |
| Recurring financial charges | 65 | €228 | €281 | +€53 | +23.1% |
| Profit (loss) for the period before taxes | 9903 | -€11,307 | -€10,842 | +€465 | +4.1% |
| Profit (loss) for the period | 9904 | -€11,307 | -€10,842 | +€465 | +4.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,307 | -€10,842 | +€465 | +4.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.