SPARK ENGINES: 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 ENGINES
Largest movements
- Cash +€153,422
up €153,422 (+24.2%), from €632,934 to €786,355
mainly Net result for the year (+€163,627) and Other debts (+€127,551)
- Receivables within one year +€130,972
up €130,972 (+270.1%), from €48,488 to €179,460
of which Trade receivables: +€143,358
- Financial fixed assets -€28,788
down €28,788 (-36.4%), from €79,185 to €50,397
- Other debts +€127,551
up €127,551 (+220.1%), from €57,961 to €185,512
- Trade debts +€55,464
up €55,464 (+1011.7%), from €5,482 to €60,947
- Tax, wage and social debts +€33,092
up €33,092 (+143.3%), from €23,097 to €56,190
of which Taxes: +€32,082
- Reserves +€29,708
up €29,708 (+4.3%), from €691,574 to €721,282
of which Distributable reserves: +€29,708
- Gross operating margin +€81,908
up €81,908 (+35.0%), from €233,912 to €315,819
- Taxes +€22,227
up €22,227 (+38.5%), from €57,776 to €80,003
- Other operating charges +€7,494
up €7,494 (+392.9%), from €1,907 to €9,401
- Financial income -€6,272
down €6,272 (-89.7%), from €6,993 to €721
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 | €796,715 | €1,042,531 | +€245,816 | +30.9% |
| Fixed assets | 21/28 | €115,144 | €76,715 | -€38,429 | -33.4% |
| Tangible fixed assets | 22/27 | €35,959 | €26,318 | -€9,641 | -26.8% |
| Plant, machinery and equipment | 23 | €1,387 | €893 | -€494 | -35.6% |
| Furniture and vehicles | 24 | €27,771 | €20,890 | -€6,881 | -24.8% |
| Other tangible fixed assets | 26 | €6,801 | €4,534 | -€2,267 | -33.3% |
| Financial fixed assets | 28 | €79,185 | €50,397 | -€28,788 | -36.4% |
| Current assets | 29/58 | €681,571 | €965,816 | +€284,245 | +41.7% |
| Stocks and contracts in progress | 3 | €149 | €0 | -€149 | -100.0% |
| Stocks | 30/36 | €149 | €0 | -€149 | -100.0% |
| Amounts receivable within one year | 40/41 | €48,488 | €179,460 | +€130,972 | +270.1% |
| Trade receivables | 40 | €26,632 | €169,990 | +€143,358 | +538.3% |
| Other amounts receivable | 41 | €21,856 | €9,471 | -€12,386 | -56.7% |
| Cash at bank and in hand | 54/58 | €632,934 | €786,355 | +€153,422 | +24.2% |
| Total equity and liabilities | 10/49 | €796,715 | €1,042,531 | +€245,816 | +30.9% |
| Equity | 10/15 | €710,174 | €739,882 | +€29,708 | +4.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €691,574 | €721,282 | +€29,708 | +4.3% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €672,824 | €702,532 | +€29,708 | +4.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €86,541 | €302,649 | +€216,108 | +249.7% |
| Amounts payable within one year | 42/48 | €86,541 | €302,649 | +€216,108 | +249.7% |
| Trade debts | 44 | €5,482 | €60,947 | +€55,464 | +1011.7% |
| Suppliers | 440/4 | €5,482 | €60,947 | +€55,464 | +1011.7% |
| Taxes, remuneration and social security | 45 | €23,097 | €56,190 | +€33,092 | +143.3% |
| Taxes | 450/3 | €16,906 | €48,988 | +€32,082 | +189.8% |
| Remuneration and social security | 454/9 | €6,191 | €7,202 | +€1,010 | +16.3% |
| Other amounts payable | 47/48 | €57,961 | €185,512 | +€127,551 | +220.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €48,583 | €49,767 | +€1,184 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,044 | €9,641 | +€1,597 | +19.8% |
| Other operating charges | 640/8 | €1,907 | €9,401 | +€7,494 | +392.9% |
| Gross operating margin | 9900 | €233,912 | €315,819 | +€81,908 | +35.0% |
| Operating profit (loss) | 9901 | €175,376 | €247,010 | +€71,633 | +40.8% |
| Financial income | 75/76B | €6,993 | €721 | -€6,272 | -89.7% |
| Recurring financial income | 75 | €6,993 | €721 | -€6,272 | -89.7% |
| Financial charges | 65/66B | €1,372 | €4,101 | +€2,729 | +199.0% |
| Recurring financial charges | 65 | €1,372 | €4,101 | +€2,729 | +199.0% |
| Profit (loss) for the period before taxes | 9903 | €180,998 | €243,630 | +€62,632 | +34.6% |
| Income taxes | 67/77 | €57,776 | €80,003 | +€22,227 | +38.5% |
| Profit (loss) for the period | 9904 | €123,222 | €163,627 | +€40,406 | +32.8% |
| Profit (loss) for the period to be appropriated | 9905 | €123,222 | €163,627 | +€40,406 | +32.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.