SPARK.BE: 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.
SPARK.BE
Largest movements
- Tangible fixed assets -€14,878
down €14,878 (-29.3%), from €50,801 to €35,923
of which Furniture and vehicles: -€18,078
- Cash +€12,252
up €12,252 (+34.4%), from €35,628 to €47,880
mainly Net result for the year (+€25,210) and Depreciation (+€19,279)
- Stocks and contracts -€8,684
down €8,684 (-36.8%), from €23,628 to €14,944
of which Contracts in progress: -€6,000
- Receivables within one year -€5,885
down €5,885 (-18.8%), from €31,245 to €25,360
of which Trade receivables: -€3,562
- Reserves +€25,210
up €25,210 (+59.1%), from €42,669 to €67,879
- Other debts -€23,605
down €23,605 (-68.5%), from €34,449 to €10,843
- Debts after one year -€15,811
down €15,811 (-100%), from €15,811 to €0
- Current portion of long-term debt -€2,554
down €2,554 (-13.9%), from €18,366 to €15,811
- Taxes +€4,823
up €4,823 (+73.9%), from €6,524 to €11,348
- Financial charges -€3,251
down €3,251 (-61.8%), from €5,264 to €2,013
- Gross operating margin +€1,199
up €1,199 (+2.0%), from €58,677 to €59,876
- Depreciation +€819
up €819 (+4.4%), from €18,460 to €19,279
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 | €141,494 | €124,303 | -€17,191 | -12.1% |
| Fixed assets | 21/28 | €50,801 | €35,923 | -€14,878 | -29.3% |
| Tangible fixed assets | 22/27 | €50,801 | €35,923 | -€14,878 | -29.3% |
| Plant, machinery and equipment | 23 | €629 | €3,829 | +€3,200 | +509% |
| Furniture and vehicles | 24 | €50,172 | €32,094 | -€18,078 | -36.0% |
| Current assets | 29/58 | €90,693 | €88,380 | -€2,313 | -2.6% |
| Stocks and contracts in progress | 3 | €23,628 | €14,944 | -€8,684 | -36.8% |
| Stocks | 30/36 | €17,628 | €14,944 | -€2,684 | -15.2% |
| Contracts in progress | 37 | €6,000 | €0 | -€6,000 | -100% |
| Amounts receivable within one year | 40/41 | €31,245 | €25,360 | -€5,885 | -18.8% |
| Trade receivables | 40 | €25,769 | €22,207 | -€3,562 | -13.8% |
| Other amounts receivable | 41 | €5,476 | €3,152 | -€2,323 | -42.4% |
| Cash at bank and in hand | 54/58 | €35,628 | €47,880 | +€12,252 | +34.4% |
| Deferred charges and accrued income | 490/1 | €192 | €196 | +€4 | +2.0% |
| Total equity and liabilities | 10/49 | €141,494 | €124,303 | -€17,191 | -12.1% |
| Equity | 10/15 | €61,261 | €86,471 | +€25,210 | +41.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €42,669 | €67,879 | +€25,210 | +59.1% |
| Distributable reserves | 133 | €42,669 | €67,879 | +€25,210 | +59.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €80,233 | €37,832 | -€42,401 | -52.8% |
| Amounts payable after more than one year | 17 | €15,811 | €0 | -€15,811 | -100% |
| Financial debts | 170/4 | €15,811 | €0 | -€15,811 | -100% |
| Amounts payable within one year | 42/48 | €62,329 | €37,041 | -€25,288 | -40.6% |
| Current portion of amounts payable after more than one year | 42 | €18,366 | €15,811 | -€2,554 | -13.9% |
| Trade debts | 44 | €1,445 | €1,081 | -€364 | -25.2% |
| Suppliers | 440/4 | €1,445 | €1,081 | -€364 | -25.2% |
| Taxes, remuneration and social security | 45 | €8,069 | €9,305 | +€1,236 | +15.3% |
| Taxes | 450/3 | €8,069 | €9,305 | +€1,236 | +15.3% |
| Other amounts payable | 47/48 | €34,449 | €10,843 | -€23,605 | -68.5% |
| Accrued charges and deferred income | 492/3 | €2,093 | €791 | -€1,302 | -62.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,460 | €19,279 | +€819 | +4.4% |
| Other operating charges | 640/8 | €2,128 | €2,050 | -€79 | -3.7% |
| Gross operating margin | 9900 | €58,677 | €59,876 | +€1,199 | +2.0% |
| Operating profit (loss) | 9901 | €38,089 | €38,547 | +€459 | +1.2% |
| Financial income | 75/76B | €60 | €24 | -€36 | -60.6% |
| Recurring financial income | 75 | €60 | €24 | -€36 | -60.6% |
| Financial charges | 65/66B | €5,264 | €2,013 | -€3,251 | -61.8% |
| Recurring financial charges | 65 | €5,264 | €2,013 | -€3,251 | -61.8% |
| Profit (loss) for the period before taxes | 9903 | €32,885 | €36,558 | +€3,673 | +11.2% |
| Income taxes | 67/77 | €6,524 | €11,348 | +€4,823 | +73.9% |
| Profit (loss) for the period | 9904 | €26,360 | €25,210 | -€1,150 | -4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €26,360 | €25,210 | -€1,150 | -4.4% |
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 22 October 2026 via checked.be.