SPARK IT: 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 IT
Largest movements
- Cash -€7,035
down €7,035 (-7.3%), from €95,882 to €88,847
mainly Contributions, distributions and other (-€23,000) and Other debts (-€22,000)
- Receivables within one year +€5,726
up €5,726 (+29.4%), from €19,479 to €25,205
of which Trade receivables: +€8,833
- Tangible fixed assets -€3,804
down €3,804 (-76.4%), from €4,977 to €1,173
- Other debts -€22,000
down €22,000 (-48.9%), from €45,000 to €23,000
- Short-term financial debts +€16,418
up €16,418 (+24.8%), from €66,245 to €82,663
- Tax, wage and social debts +€2,885
up €2,885 (+102%), from €2,837 to €5,722
- Profit (loss) carried forward -€2,871
down €2,871 (-77.9%), from €3,687 to €816
- Trade debts +€1,207
up €1,207 (+1,749%), from €69 to €1,276
- Gross operating margin +€9,863
up €9,863 (+51.4%), from €19,200 to €29,063
- Depreciation -€1,945
down €1,945 (-32.3%), from €6,022 to €4,077
- Taxes +€1,275
up €1,275 (+41.9%), from €3,044 to €4,319
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 | €120,338 | €115,977 | -€4,361 | -3.6% |
| Fixed assets | 21/28 | €4,977 | €1,925 | -€3,052 | -61.3% |
| Intangible fixed assets | 21 | - | €752 | +€752 | |
| Tangible fixed assets | 22/27 | €4,977 | €1,173 | -€3,804 | -76.4% |
| Furniture and vehicles | 24 | €4,977 | €1,173 | -€3,804 | -76.4% |
| Current assets | 29/58 | €115,361 | €114,052 | -€1,309 | -1.1% |
| Amounts receivable within one year | 40/41 | €19,479 | €25,205 | +€5,726 | +29.4% |
| Trade receivables | 40 | €16,093 | €24,926 | +€8,833 | +54.9% |
| Other amounts receivable | 41 | €3,386 | €279 | -€3,107 | -91.8% |
| Cash at bank and in hand | 54/58 | €95,882 | €88,847 | -€7,035 | -7.3% |
| Total equity and liabilities | 10/49 | €120,338 | €115,977 | -€4,361 | -3.6% |
| Equity | 10/15 | €6,187 | €3,316 | -€2,871 | -46.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,687 | €816 | -€2,871 | -77.9% |
| Amounts payable | 17/49 | €114,151 | €112,661 | -€1,490 | -1.3% |
| Amounts payable within one year | 42/48 | €114,151 | €112,661 | -€1,490 | -1.3% |
| Financial debts | 43 | €66,245 | €82,663 | +€16,418 | +24.8% |
| Credit institutions | 430/8 | €66,245 | €82,663 | +€16,418 | +24.8% |
| Trade debts | 44 | €69 | €1,276 | +€1,207 | +1,749% |
| Suppliers | 440/4 | €69 | €1,276 | +€1,207 | +1,749% |
| Taxes, remuneration and social security | 45 | €2,837 | €5,722 | +€2,885 | +102% |
| Taxes | 450/3 | €2,837 | €5,722 | +€2,885 | +102% |
| Other amounts payable | 47/48 | €45,000 | €23,000 | -€22,000 | -48.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,022 | €4,077 | -€1,945 | -32.3% |
| Other operating charges | 640/8 | €387 | €400 | +€13 | +3.4% |
| Gross operating margin | 9900 | €19,200 | €29,063 | +€9,863 | +51.4% |
| Operating profit (loss) | 9901 | €12,791 | €24,586 | +€11,795 | +92.2% |
| Financial charges | 65/66B | €134 | €138 | +€4 | +3.0% |
| Recurring financial charges | 65 | €134 | €138 | +€4 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €12,657 | €24,448 | +€11,791 | +93.2% |
| Income taxes | 67/77 | €3,044 | €4,319 | +€1,275 | +41.9% |
| Profit (loss) for the period | 9904 | €9,613 | €20,129 | +€10,516 | +109% |
| Profit (loss) for the period to be appropriated | 9905 | €9,613 | €20,129 | +€10,516 | +109% |
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 18 October 2026 via checked.be.