SPARIVAX: 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.
SPARIVAX
Largest movements
- Cash -€790
down €790 (-18.5%), from €4,268 to €3,478
mainly Net result for the year (-€6,619) and Stocks and contracts (-€174)
- Deferred charges and accrued income -€359
down €359 (-33.1%), from €1,084 to €725
- Receivables within one year -€234
down €234 (-100%), from €234 to €0
of which Other amounts receivable: -€234
- Stocks and contracts +€174
up €174 (+2.1%), from €8,309 to €8,482
- Profit (loss) carried forward -€6,619
down €6,619 (-206%), from -€3,212 to -€9,831
- Other debts +€4,853
up €4,853 (+60.8%), from €7,979 to €12,831
- Trade debts +€322
up €322 (+45.0%), from €714 to €1,036
- Gross operating margin -€2,181
down €2,181 (-68.3%), from -€3,191 to -€5,372
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 | €14,175 | €12,824 | -€1,350 | -9.5% |
| Fixed assets | 21/28 | €280 | €139 | -€141 | -50.3% |
| Tangible fixed assets | 22/27 | €280 | €139 | -€141 | -50.3% |
| Furniture and vehicles | 24 | €280 | €139 | -€141 | -50.3% |
| Current assets | 29/58 | €13,895 | €12,685 | -€1,210 | -8.7% |
| Stocks and contracts in progress | 3 | €8,309 | €8,482 | +€174 | +2.1% |
| Stocks | 30/36 | €8,309 | €8,482 | +€174 | +2.1% |
| Amounts receivable within one year | 40/41 | €234 | €0 | -€234 | -100% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €234 | €0 | -€234 | -100% |
| Cash at bank and in hand | 54/58 | €4,268 | €3,478 | -€790 | -18.5% |
| Deferred charges and accrued income | 490/1 | €1,084 | €725 | -€359 | -33.1% |
| Total equity and liabilities | 10/49 | €14,175 | €12,824 | -€1,350 | -9.5% |
| Equity | 10/15 | €4,845 | -€1,774 | -€6,619 | |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,212 | -€9,831 | -€6,619 | -206% |
| Amounts payable | 17/49 | €9,330 | €14,598 | +€5,268 | +56.5% |
| Amounts payable within one year | 42/48 | €9,330 | €14,598 | +€5,268 | +56.5% |
| Trade debts | 44 | €714 | €1,036 | +€322 | +45.0% |
| Suppliers | 440/4 | €714 | €1,036 | +€322 | +45.0% |
| Taxes, remuneration and social security | 45 | €637 | €730 | +€94 | +14.7% |
| Taxes | 450/3 | €637 | €730 | +€94 | +14.7% |
| Other amounts payable | 47/48 | €7,979 | €12,831 | +€4,853 | +60.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €141 | €141 | = | 0.0% |
| Other operating charges | 640/8 | €637 | €658 | +€21 | +3.3% |
| Gross operating margin | 9900 | -€3,191 | -€5,372 | -€2,181 | -68.3% |
| Operating profit (loss) | 9901 | -€3,969 | -€6,171 | -€2,202 | -55.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €188 | €205 | +€17 | +9.1% |
| Recurring financial charges | 65 | €188 | €205 | +€17 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,156 | -€6,375 | -€2,219 | -53.4% |
| Income taxes | 67/77 | €253 | €243 | -€10 | -3.9% |
| Profit (loss) for the period | 9904 | -€4,410 | -€6,619 | -€2,209 | -50.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,410 | -€6,619 | -€2,209 | -50.1% |
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.