SPARK SMILE: 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 SMILE
Largest movements
- Deferred charges and accrued income +€15,785
up €15,785 (+153%), from €10,332 to €26,116
- Receivables within one year +€14,208
up €14,208 (+137%), from €10,406 to €24,614
- Tangible fixed assets +€11,375
new in 2025: €11,375
- Formation expenses -€2,025
no longer reported in 2025 (was €2,025)
- Cash -€1,225
down €1,225 (-14.9%), from €8,195 to €6,970
mainly Deferred charges and accrued income (-€15,785) and Receivables within one year (-€14,208)
- Profit (loss) carried forward +€38,618
up €38,618 (+128%), from €30,154 to €68,772
- Gross operating margin +€14,324
up €14,324 (+37.7%), from €37,989 to €52,313
- Taxes +€3,031
up €3,031 (+40.4%), from €7,500 to €10,531
- Depreciation +€2,975
up €2,975 (+441%), from €675 to €3,650
- Financial income +€762
up €762 (+219%), from €347 to €1,109
- Other operating charges +€573
new in 2025: €573
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 | €30,957 | €69,075 | +€38,118 | +123% |
| Formation expenses | 20 | €2,025 | - | -€2,025 | |
| Fixed assets | 21/28 | - | €11,375 | +€11,375 | |
| Tangible fixed assets | 22/27 | - | €11,375 | +€11,375 | |
| Furniture and vehicles | 24 | - | €11,375 | +€11,375 | |
| Current assets | 29/58 | €28,933 | €57,700 | +€28,768 | +99.4% |
| Amounts receivable within one year | 40/41 | €10,406 | €24,614 | +€14,208 | +137% |
| Other amounts receivable | 41 | €10,406 | €24,614 | +€14,208 | +137% |
| Cash at bank and in hand | 54/58 | €8,195 | €6,970 | -€1,225 | -14.9% |
| Deferred charges and accrued income | 490/1 | €10,332 | €26,116 | +€15,785 | +153% |
| Total equity and liabilities | 10/49 | €30,957 | €69,075 | +€38,118 | +123% |
| Equity | 10/15 | €30,155 | €68,773 | +€38,618 | +128% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,154 | €68,772 | +€38,618 | +128% |
| Amounts payable | 17/49 | €803 | €303 | -€500 | -62.3% |
| Amounts payable within one year | 42/48 | €803 | €303 | -€500 | -62.3% |
| Trade debts | 44 | €303 | €303 | = | 0.0% |
| Suppliers | 440/4 | €303 | €303 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €500 | - | -€500 | |
| Taxes | 450/3 | €500 | - | -€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €675 | €3,650 | +€2,975 | +441% |
| Other operating charges | 640/8 | - | €573 | +€573 | |
| Gross operating margin | 9900 | €37,989 | €52,313 | +€14,324 | +37.7% |
| Operating profit (loss) | 9901 | €37,314 | €48,090 | +€10,776 | +28.9% |
| Financial income | 75/76B | €347 | €1,109 | +€762 | +219% |
| Recurring financial income | 75 | €347 | €1,109 | +€762 | +219% |
| Financial charges | 65/66B | €8 | €50 | +€43 | +573% |
| Recurring financial charges | 65 | €8 | €50 | +€43 | +573% |
| Profit (loss) for the period before taxes | 9903 | €37,654 | €49,149 | +€11,495 | +30.5% |
| Income taxes | 67/77 | €7,500 | €10,531 | +€3,031 | +40.4% |
| Profit (loss) for the period | 9904 | €30,154 | €38,618 | +€8,464 | +28.1% |
| Profit (loss) for the period to be appropriated | 9905 | €30,154 | €38,618 | +€8,464 | +28.1% |
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 18 October 2026 via checked.be.