SPARK: 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.
SPARK
Largest movements
- Receivables within one year +€31,184
up €31,184 (+40.8%), from €76,447 to €107,631
of which Other amounts receivable: +€16,374
- Cash -€8,496
down €8,496 (-27.9%), from €30,415 to €21,919
mainly Contributions, distributions and other (-€40,000) and Receivables within one year (-€31,184)
- Tangible fixed assets -€4,249
down €4,249 (-23.5%), from €18,062 to €13,813
of which Furniture and vehicles: -€7,021
- Stocks and contracts +€2,126
up €2,126 (+49.8%), from €4,266 to €6,392
- Trade debts +€9,515
up €9,515 (+67.4%), from €14,117 to €23,632
- Tax, wage and social debts +€8,206
up €8,206 (+39.0%), from €21,060 to €29,266
- Other debts +€3,500
up €3,500 (+14.3%), from €24,500 to €28,000
- Purchases and services +€10,952
up €10,952 (+7.4%), from €148,543 to €159,495
- Taxes +€10,068
up €10,068 (+173.8%), from €5,794 to €15,862
- Turnover +€10,008
up €10,008 (+4.6%), from €217,907 to €227,915
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 | €129,190 | €149,755 | +€20,565 | +15.9% |
| Fixed assets | 21/28 | €18,062 | €13,813 | -€4,249 | -23.5% |
| Tangible fixed assets | 22/27 | €18,062 | €13,813 | -€4,249 | -23.5% |
| Plant, machinery and equipment | 23 | €9,173 | €11,945 | +€2,772 | +30.2% |
| Furniture and vehicles | 24 | €8,889 | €1,868 | -€7,021 | -79.0% |
| Current assets | 29/58 | €111,128 | €135,942 | +€24,814 | +22.3% |
| Stocks and contracts in progress | 3 | €4,266 | €6,392 | +€2,126 | +49.8% |
| Stocks | 30/36 | €4,266 | €6,392 | +€2,126 | +49.8% |
| Amounts receivable within one year | 40/41 | €76,447 | €107,631 | +€31,184 | +40.8% |
| Trade receivables | 40 | €26,050 | €40,860 | +€14,810 | +56.9% |
| Other amounts receivable | 41 | €50,397 | €66,771 | +€16,374 | +32.5% |
| Cash at bank and in hand | 54/58 | €30,415 | €21,919 | -€8,496 | -27.9% |
| Total equity and liabilities | 10/49 | €129,190 | €149,755 | +€20,565 | +15.9% |
| Equity | 10/15 | €69,513 | €68,702 | -€811 | -1.2% |
| Contributions | 10/11 | €20,592 | €20,592 | +€0 | 0.0% |
| Capital | 10 | €20,592 | - | -€20,592 | |
| Issued capital | 100 | €20,592 | - | -€20,592 | |
| Profit (loss) carried forward | 14 | €48,921 | €48,110 | -€811 | -1.7% |
| Amounts payable | 17/49 | €59,677 | €81,053 | +€21,376 | +35.8% |
| Amounts payable within one year | 42/48 | €59,677 | €80,898 | +€21,221 | +35.6% |
| Trade debts | 44 | €14,117 | €23,632 | +€9,515 | +67.4% |
| Suppliers | 440/4 | €14,117 | €23,632 | +€9,515 | +67.4% |
| Taxes, remuneration and social security | 45 | €21,060 | €29,266 | +€8,206 | +39.0% |
| Taxes | 450/3 | €21,060 | €29,266 | +€8,206 | +39.0% |
| Other amounts payable | 47/48 | €24,500 | €28,000 | +€3,500 | +14.3% |
| Accrued charges and deferred income | 492/3 | - | €156 | +€156 | |
| Turnover | 70 | €217,907 | €227,915 | +€10,008 | +4.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €148,543 | €159,495 | +€10,952 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,562 | €11,269 | +€1,707 | +17.8% |
| Other operating charges | 640/8 | €2,692 | €1,795 | -€897 | -33.3% |
| Gross operating margin | 9900 | €69,364 | €68,419 | -€945 | -1.4% |
| Operating profit (loss) | 9901 | €57,110 | €55,356 | -€1,754 | -3.1% |
| Financial income | 75/76B | €66 | €68 | +€2 | +2.5% |
| Recurring financial income | 75 | €66 | €68 | +€2 | +2.5% |
| Financial charges | 65/66B | €961 | €373 | -€588 | -61.2% |
| Recurring financial charges | 65 | €961 | €373 | -€588 | -61.2% |
| Profit (loss) for the period before taxes | 9903 | €56,215 | €55,051 | -€1,164 | -2.1% |
| Income taxes | 67/77 | €5,794 | €15,862 | +€10,068 | +173.8% |
| Profit (loss) for the period | 9904 | €50,421 | €39,189 | -€11,232 | -22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €50,421 | €39,189 | -€11,232 | -22.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.