SPARK SOLUTIONS: 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 SOLUTIONS
Largest movements
- Financial fixed assets +€3.5m
up €3.5m (+336.8%), from €1.0m to €4.5m
- Tangible fixed assets +€909,922
up €909,922 (+170534.6%), from €534 to €910,455
of which Land and buildings: +€909,256
- Receivables within one year -€744,863
down €744,863 (-77.9%), from €956,577 to €211,714
of which Other amounts receivable: -€490,363
- Stocks and contracts -€391,376
no longer reported in 2025 (was €391,376)
- Debts after one year +€2.1m
up €2.1m (+385.9%), from €552,857 to €2.7m
- Other debts +€654,009
up €654,009 (+62.6%), from €1.0m to €1.7m
- Profit (loss) carried forward +€390,596
up €390,596 (+85.0%), from €459,729 to €850,324
- Current portion of long-term debt +€113,387
up €113,387 (+111.3%), from €101,857 to €215,244
- Financial income +€398,152
up €398,152 (+21422.5%), from €1,859 to €400,010
- Gross operating margin +€178,021
up €178,021 (+202.7%), from €87,845 to €265,866
- Financial charges +€127,998
up €127,998 (+184.8%), from €69,255 to €197,253
of which Financial charges: +€84,435
- Depreciation +€37,283
up €37,283 (+1386.2%), from €2,690 to €39,973
- Other operating charges +€22,177
up €22,177 (+611.1%), from €3,629 to €25,806
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 | €2,386,133 | €5,654,374 | +€3.3m | +137.0% |
| Fixed assets | 21/28 | €1,038,034 | €5,441,797 | +€4.4m | +424.2% |
| Tangible fixed assets | 22/27 | €534 | €910,455 | +€909,922 | +170534.6% |
| Land and buildings | 22 | - | €909,256 | +€909,256 | |
| Furniture and vehicles | 24 | €534 | €1,200 | +€666 | +124.8% |
| Financial fixed assets | 28 | €1,037,500 | €4,531,341 | +€3.5m | +336.8% |
| Current assets | 29/58 | €1,348,100 | €212,578 | -€1.1m | -84.2% |
| Stocks and contracts in progress | 3 | €391,376 | - | -€391,376 | |
| Stocks | 30/36 | €391,376 | - | -€391,376 | |
| Amounts receivable within one year | 40/41 | €956,577 | €211,714 | -€744,863 | -77.9% |
| Trade receivables | 40 | €254,500 | - | -€254,500 | |
| Other amounts receivable | 41 | €702,077 | €211,714 | -€490,363 | -69.8% |
| Cash at bank and in hand | 54/58 | €54 | €270 | +€216 | +402.0% |
| Deferred charges and accrued income | 490/1 | €93 | €594 | +€501 | +538.6% |
| Total equity and liabilities | 10/49 | €2,386,133 | €5,654,374 | +€3.3m | +137.0% |
| Equity | 10/15 | €592,929 | €983,524 | +€390,596 | +65.9% |
| Contributions | 10/11 | €10,200 | €10,200 | = | 0.0% |
| Reserves | 13 | €123,000 | €123,000 | = | 0.0% |
| Distributable reserves | 133 | €123,000 | €123,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €459,729 | €850,324 | +€390,596 | +85.0% |
| Amounts payable | 17/49 | €1,793,205 | €4,670,850 | +€2.9m | +160.5% |
| Amounts payable after more than one year | 17 | €552,857 | €2,686,314 | +€2.1m | +385.9% |
| Financial debts | 170/4 | €552,857 | €2,686,314 | +€2.1m | +385.9% |
| Amounts payable within one year | 42/48 | €1,238,431 | €1,984,122 | +€745,691 | +60.2% |
| Current portion of amounts payable after more than one year | 42 | €101,857 | €215,244 | +€113,387 | +111.3% |
| Trade debts | 44 | €33,749 | €45,881 | +€12,132 | +35.9% |
| Suppliers | 440/4 | €33,749 | €45,881 | +€12,132 | +35.9% |
| Taxes, remuneration and social security | 45 | €58,681 | €24,844 | -€33,838 | -57.7% |
| Taxes | 450/3 | €58,681 | €24,844 | -€33,838 | -57.7% |
| Other amounts payable | 47/48 | €1,044,143 | €1,698,152 | +€654,009 | +62.6% |
| Accrued charges and deferred income | 492/3 | €1,917 | €414 | -€1,503 | -78.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,690 | €39,973 | +€37,283 | +1386.2% |
| Other operating charges | 640/8 | €3,629 | €25,806 | +€22,177 | +611.1% |
| Non-recurring operating charges | 66A | €1,359 | €11,883 | +€10,523 | +774.2% |
| Gross operating margin | 9900 | €87,845 | €265,866 | +€178,021 | +202.7% |
| Operating profit (loss) | 9901 | €80,167 | €188,205 | +€108,037 | +134.8% |
| Financial income | 75/76B | €1,859 | €400,010 | +€398,152 | +21422.5% |
| Recurring financial income | 75 | €1,859 | €400,010 | +€398,152 | +21422.5% |
| Financial charges | 65/66B | €69,255 | €197,253 | +€127,998 | +184.8% |
| Recurring financial charges | 65 | €69,255 | €153,689 | +€84,435 | +121.9% |
| Non-recurring financial charges | 66B | - | €43,563 | +€43,563 | |
| Profit (loss) for the period before taxes | 9903 | €12,771 | €390,962 | +€378,191 | +2961.3% |
| Income taxes | 67/77 | €3,500 | €367 | -€3,134 | -89.5% |
| Profit (loss) for the period | 9904 | €9,271 | €390,596 | +€381,325 | +4113.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,271 | €390,596 | +€381,325 | +4113.1% |
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 9 October 2026 via checked.be.