SPARK TECHNICS: 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 TECHNICS
Largest movements
- Cash -€14,859
down €14,859 (-88.1%), from €16,874 to €2,015
mainly Trade debts (-€15,130) and Receivables within one year (-€3,937)
- Receivables within one year +€3,937
up €3,937 (+15.2%), from €25,931 to €29,868
of which Trade receivables: +€4,797
- Tangible fixed assets -€3,655
down €3,655 (-53.8%), from €6,794 to €3,139
of which Plant, machinery and equipment: -€3,655
- Trade debts -€15,130
down €15,130 (-89.4%), from €16,925 to €1,795
- Tax, wage and social debts +€2,937
up €2,937 (+70.0%), from €4,196 to €7,133
- Other debts -€1,911
down €1,911 (-100.0%), from €1,911 to €0
- Current portion of long-term debt -€1,544
down €1,544 (-100.0%), from €1,544 to €0
- Profit (loss) carried forward +€1,072
up €1,072 (+3.8%), from -€28,433 to -€27,361
- Other operating charges +€18,042
up €18,042 (+2822.7%), from €639 to €18,681
- Write-downs -€17,293
down €17,293, from €652 to -€16,640
- Gross operating margin +€15,460
up €15,460, from -€9,135 to €6,324
- Financial income -€679
down €679 (-39.7%), from €1,710 to €1,031
- Depreciation +€215
up €215 (+6.2%), from €3,440 to €3,655
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 | €105,599 | €91,022 | -€14,576 | -13.8% |
| Fixed assets | 21/28 | €36,794 | €33,139 | -€3,655 | -9.9% |
| Tangible fixed assets | 22/27 | €6,794 | €3,139 | -€3,655 | -53.8% |
| Plant, machinery and equipment | 23 | €6,794 | €3,139 | -€3,655 | -53.8% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €30,000 | €30,000 | = | 0.0% |
| Current assets | 29/58 | €68,805 | €57,883 | -€10,921 | -15.9% |
| Amounts receivable after more than one year | 29 | €26,000 | €26,000 | = | 0.0% |
| Other amounts receivable | 291 | €26,000 | €26,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €25,931 | €29,868 | +€3,937 | +15.2% |
| Trade receivables | 40 | €16,866 | €21,663 | +€4,797 | +28.4% |
| Other amounts receivable | 41 | €9,065 | €8,205 | -€860 | -9.5% |
| Cash at bank and in hand | 54/58 | €16,874 | €2,015 | -€14,859 | -88.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €105,599 | €91,022 | -€14,576 | -13.8% |
| Equity | 10/15 | €81,023 | €82,095 | +€1,072 | +1.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €90,856 | €90,856 | = | 0.0% |
| Distributable reserves | 133 | €90,856 | €90,856 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,433 | -€27,361 | +€1,072 | +3.8% |
| Amounts payable | 17/49 | €24,576 | €8,927 | -€15,648 | -63.7% |
| Amounts payable within one year | 42/48 | €24,576 | €8,927 | -€15,648 | -63.7% |
| Current portion of amounts payable after more than one year | 42 | €1,544 | €0 | -€1,544 | -100.0% |
| Trade debts | 44 | €16,925 | €1,795 | -€15,130 | -89.4% |
| Suppliers | 440/4 | €16,925 | €1,795 | -€15,130 | -89.4% |
| Taxes, remuneration and social security | 45 | €4,196 | €7,133 | +€2,937 | +70.0% |
| Taxes | 450/3 | €4,196 | €7,133 | +€2,937 | +70.0% |
| Other amounts payable | 47/48 | €1,911 | €0 | -€1,911 | -100.0% |
| Non-recurring operating income | 76A | - | €17,903 | +€17,903 | |
| Remuneration, social security and pensions | 62 | €163 | €170 | +€7 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,440 | €3,655 | +€215 | +6.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €652 | -€16,640 | -€17,293 | |
| Other operating charges | 640/8 | €639 | €18,681 | +€18,042 | +2822.7% |
| Gross operating margin | 9900 | -€9,135 | €6,324 | +€15,460 | |
| Operating profit (loss) | 9901 | -€14,031 | €459 | +€14,490 | |
| Financial income | 75/76B | €1,710 | €1,031 | -€679 | -39.7% |
| Recurring financial income | 75 | €1,710 | €1,031 | -€679 | -39.7% |
| Financial charges | 65/66B | €487 | €418 | -€69 | -14.1% |
| Recurring financial charges | 65 | €487 | €418 | -€69 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | -€12,808 | €1,072 | +€13,880 | |
| Income taxes | 67/77 | €33 | €0 | -€33 | -100.0% |
| Profit (loss) for the period | 9904 | -€12,841 | €1,072 | +€13,913 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,841 | €1,072 | +€13,913 |
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.