SPARIAN: 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.
What changed
SPARIAN
NACE 66.110, Activities auxiliary to financial services and insurance activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€9,172
2024 · €37,655-€46,827
Equity
€632,925
2024 · €642,097-€9,172
Cash
€20,322
2024 · €18,978+€1,344
Balance sheet total
€2.0m
2024 · €1.9m+€37,195
Largest movements
Assets
- Deferred charges and accrued income +€34,828
up €34,828 (+2,972%), from €1,172 to €36,000
Equity and liabilities
- Debts after one year +€121,700
up €121,700 (+18.4%), from €659,626 to €781,326
- Current portion of long-term debt -€75,141
down €75,141 (-74.4%), from €101,026 to €25,884
- Tax, wage and social debts -€36,676
down €36,676 (-36.9%), from €99,393 to €62,717
of which Taxes: -€48,229
- Advances received +€21,000
up €21,000, from €0 to €21,000
Income statement
- Gross operating margin -€29,704
down €29,704 (-48.7%), from €61,047 to €31,343
- Taxes -€19,777
down €19,777 (-95.8%), from €20,651 to €874
- Financial charges +€3,671
up €3,671 (+198%), from €1,855 to €5,526
- Financial income +€1,452
up €1,452 (+210%), from €691 to €2,143
- Depreciation +€1,135
up €1,135 (+183%), from €620 to €1,755
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.
Result 2024
€37,655
Gross operating margin
-€29,704
Depreciation
-€1,135
Other operating charges
-€293
Other operating items
-€33,252
Financial income
+€1,452
Financial charges
-€3,671
Taxes
+€19,777
Result 2025
-€9,172
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€44,930
Investment
-€1,300
Financing
+€47,574
Cash 2024
€18,978
From operations (derived)
-€44,930
Net result for the year
-€9,172
Depreciation
+€1,755
Receivables within one year
-€1,477
Deferred charges and accrued income
-€34,828
Trade debts
+€1,408
Tax, wage and social debts
-€36,676
Advances received
+€21,000
Other debts
+€13,060
Investment (derived)
-€1,300
Investment in fixed assets (net)
-€1,300
Financing
+€47,574
Debts after one year
+€121,700
Current portion of long-term debt
-€75,141
Short-term financial debts
+€1,015
Cash 2025
€20,322
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,930,990 | €1,968,185 | +€37,195 | +1.9% |
| Fixed assets | 21/28 | €1,910,840 | €1,910,385 | -€455 | 0.0% |
| Intangible fixed assets | 21 | - | €424 | +€424 | |
| Tangible fixed assets | 22/27 | €189,298 | €188,419 | -€879 | -0.5% |
| Land and buildings | 22 | €185,000 | €185,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €2,001 | €1,566 | -€436 | -21.8% |
| Furniture and vehicles | 24 | €2,297 | €1,854 | -€443 | -19.3% |
| Financial fixed assets | 28 | €1,721,542 | €1,721,542 | = | 0.0% |
| Current assets | 29/58 | €20,150 | €57,799 | +€37,650 | +187% |
| Amounts receivable within one year | 40/41 | - | €1,477 | +€1,477 | |
| Trade receivables | 40 | - | €1,466 | +€1,466 | |
| Other amounts receivable | 41 | - | €11 | +€11 | |
| Cash at bank and in hand | 54/58 | €18,978 | €20,322 | +€1,344 | +7.1% |
| Deferred charges and accrued income | 490/1 | €1,172 | €36,000 | +€34,828 | +2,972% |
| Total equity and liabilities | 10/49 | €1,930,990 | €1,968,185 | +€37,195 | +1.9% |
| Equity | 10/15 | €642,097 | €632,925 | -€9,172 | -1.4% |
| Contributions | 10/11 | €350,000 | €350,000 | = | 0.0% |
| Reserves | 13 | €290,872 | €290,872 | = | 0.0% |
| Non-distributable reserves | 130/1 | €35,000 | €0 | -€35,000 | -100% |
| Reserves not available under the articles | 1311 | €35,000 | €0 | -€35,000 | -100% |
| Distributable reserves | 133 | €255,872 | €290,872 | +€35,000 | +13.7% |
| Profit (loss) carried forward | 14 | €1,225 | -€7,946 | -€9,172 | |
| Amounts payable | 17/49 | €1,288,894 | €1,335,260 | +€46,366 | +3.6% |
| Amounts payable after more than one year | 17 | €659,626 | €781,326 | +€121,700 | +18.4% |
| Financial debts | 170/4 | €659,626 | €781,326 | +€121,700 | +18.4% |
| Amounts payable within one year | 42/48 | €629,268 | €553,934 | -€75,334 | -12.0% |
| Current portion of amounts payable after more than one year | 42 | €101,026 | €25,884 | -€75,141 | -74.4% |
| Financial debts | 43 | €0 | €1,015 | +€1,015 | |
| Credit institutions | 430/8 | €0 | €1,015 | +€1,015 | |
| Trade debts | 44 | €18,135 | €19,543 | +€1,408 | +7.8% |
| Suppliers | 440/4 | €18,135 | €19,543 | +€1,408 | +7.8% |
| Advances received on contracts in progress | 46 | €0 | €21,000 | +€21,000 | |
| Taxes, remuneration and social security | 45 | €99,393 | €62,717 | -€36,676 | -36.9% |
| Taxes | 450/3 | €99,393 | €51,164 | -€48,229 | -48.5% |
| Remuneration and social security | 454/9 | - | €11,553 | +€11,553 | |
| Other amounts payable | 47/48 | €410,714 | €423,774 | +€13,060 | +3.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €620 | €1,755 | +€1,135 | +183% |
| Other operating charges | 640/8 | €957 | €1,250 | +€293 | +30.6% |
| Non-recurring operating charges | 66A | €0 | €33,252 | +€33,252 | |
| Gross operating margin | 9900 | €61,047 | €31,343 | -€29,704 | -48.7% |
| Operating profit (loss) | 9901 | €59,470 | -€4,914 | -€64,384 | |
| Financial income | 75/76B | €691 | €2,143 | +€1,452 | +210% |
| Recurring financial income | 75 | €691 | €2,143 | +€1,452 | +210% |
| Financial charges | 65/66B | €1,855 | €5,526 | +€3,671 | +198% |
| Recurring financial charges | 65 | €1,855 | €5,526 | +€3,671 | +198% |
| Profit (loss) for the period before taxes | 9903 | €58,306 | -€8,297 | -€66,604 | |
| Income taxes | 67/77 | €20,651 | €874 | -€19,777 | -95.8% |
| Profit (loss) for the period | 9904 | €37,655 | -€9,172 | -€46,827 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,655 | -€9,172 | -€46,827 |
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 24 October 2026 via checked.be.