SPARCE: 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.
SPARCE
Largest movements
- Cash +€15,785
up €15,785 (+119%), from €13,273 to €29,058
mainly Net result for the year (+€20,008) and Tax, wage and social debts (+€1,557)
- Receivables within one year +€5,640
up €5,640 (+681%), from €828 to €6,467
- Reserves +€20,008
up €20,008 (+161%), from €12,397 to €32,405
- Tax, wage and social debts +€1,557
up €1,557 (+97.1%), from €1,604 to €3,160
- Gross operating margin +€20,263
up €20,263 (+209%), from €9,680 to €29,944
- Taxes +€6,492
up €6,492 (+217%), from €2,986 to €9,478
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 | €14,101 | €35,665 | +€21,565 | +153% |
| Current assets | 29/58 | €14,101 | €35,665 | +€21,565 | +153% |
| Amounts receivable within one year | 40/41 | €828 | €6,467 | +€5,640 | +681% |
| Trade receivables | 40 | €828 | €6,467 | +€5,640 | +681% |
| Cash at bank and in hand | 54/58 | €13,273 | €29,058 | +€15,785 | +119% |
| Deferred charges and accrued income | 490/1 | - | €140 | +€140 | |
| Total equity and liabilities | 10/49 | €14,101 | €35,665 | +€21,565 | +153% |
| Equity | 10/15 | €12,497 | €32,505 | +€20,008 | +160% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €12,397 | €32,405 | +€20,008 | +161% |
| Distributable reserves | 133 | €12,397 | €32,405 | +€20,008 | +161% |
| Amounts payable | 17/49 | €1,604 | €3,160 | +€1,557 | +97.1% |
| Amounts payable within one year | 42/48 | €1,604 | €3,160 | +€1,557 | +97.1% |
| Taxes, remuneration and social security | 45 | €1,604 | €3,160 | +€1,557 | +97.1% |
| Taxes | 450/3 | €1,604 | €3,160 | +€1,557 | +97.1% |
| Other operating charges | 640/8 | €569 | €585 | +€16 | +2.9% |
| Gross operating margin | 9900 | €9,680 | €29,944 | +€20,263 | +209% |
| Operating profit (loss) | 9901 | €9,111 | €29,358 | +€20,247 | +222% |
| Financial income | 75/76B | - | €168 | +€168 | |
| Recurring financial income | 75 | - | €168 | +€168 | |
| Financial charges | 65/66B | €39 | €41 | +€2 | +4.2% |
| Recurring financial charges | 65 | €39 | €41 | +€2 | +4.2% |
| Profit (loss) for the period before taxes | 9903 | €9,072 | €29,485 | +€20,413 | +225% |
| Income taxes | 67/77 | €2,986 | €9,478 | +€6,492 | +217% |
| Profit (loss) for the period | 9904 | €6,087 | €20,008 | +€13,921 | +229% |
| Profit (loss) for the period to be appropriated | 9905 | €6,087 | €20,008 | +€13,921 | +229% |
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 18 October 2026 via checked.be.