SPARK UNIVERSAL: 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 UNIVERSAL
Largest movements
- Formation expenses +€11,743
up €11,743 (+532.3%), from €2,206 to €13,949
- Cash +€8,885
up €8,885 (+40.5%), from €21,934 to €30,820
mainly Debts after one year (+€14,054) and Trade debts (+€7,457)
- Receivables within one year +€1,568
up €1,568 (+12.0%), from €13,099 to €14,666
of which Trade receivables: +€3,368
- Debts after one year +€14,054
up €14,054 (+86.5%), from €16,247 to €30,301
- Trade debts +€7,457
up €7,457 (+45.2%), from €16,510 to €23,967
- Staff costs +€27,570
new in 2025: €27,570
- Gross operating margin +€25,486
up €25,486 (+710.7%), from €3,586 to €29,072
- Financial charges +€479
up €479 (+1597.2%), from €30 to €509
- Taxes -€475
down €475 (-91.7%), from €518 to €43
- Other operating charges +€459
up €459 (+740.6%), from €62 to €521
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 | €37,239 | €59,435 | +€22,196 | +59.6% |
| Formation expenses | 20 | €2,206 | €13,949 | +€11,743 | +532.3% |
| Current assets | 29/58 | €35,033 | €45,486 | +€10,453 | +29.8% |
| Amounts receivable within one year | 40/41 | €13,099 | €14,666 | +€1,568 | +12.0% |
| Trade receivables | 40 | €10,946 | €14,314 | +€3,368 | +30.8% |
| Other amounts receivable | 41 | €2,153 | €352 | -€1,800 | -83.6% |
| Cash at bank and in hand | 54/58 | €21,934 | €30,820 | +€8,885 | +40.5% |
| Total equity and liabilities | 10/49 | €37,239 | €59,435 | +€22,196 | +59.6% |
| Equity | 10/15 | €3,964 | €4,137 | +€172 | +4.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,964 | €2,137 | +€172 | +8.8% |
| Amounts payable | 17/49 | €33,274 | €55,298 | +€22,023 | +66.2% |
| Amounts payable after more than one year | 17 | €16,247 | €30,301 | +€14,054 | +86.5% |
| Other amounts payable | 178/9 | €16,247 | €30,301 | +€14,054 | +86.5% |
| Amounts payable within one year | 42/48 | €17,028 | €24,528 | +€7,500 | +44.0% |
| Trade debts | 44 | €16,510 | €23,967 | +€7,457 | +45.2% |
| Suppliers | 440/4 | €16,510 | €23,967 | +€7,457 | +45.2% |
| Taxes, remuneration and social security | 45 | €518 | €561 | +€43 | +8.3% |
| Taxes | 450/3 | €518 | €561 | +€43 | +8.3% |
| Accrued charges and deferred income | 492/3 | - | €469 | +€469 | |
| Remuneration, social security and pensions | 62 | - | €27,570 | +€27,570 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €257 | €257 | = | 0.0% |
| Other operating charges | 640/8 | €62 | €521 | +€459 | +740.6% |
| Gross operating margin | 9900 | €3,586 | €29,072 | +€25,486 | +710.7% |
| Operating profit (loss) | 9901 | €3,267 | €724 | -€2,543 | -77.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €30 | €509 | +€479 | +1597.2% |
| Recurring financial charges | 65 | €30 | €509 | +€479 | +1597.2% |
| Profit (loss) for the period before taxes | 9903 | €3,237 | €216 | -€3,022 | -93.3% |
| Income taxes | 67/77 | €518 | €43 | -€475 | -91.7% |
| Profit (loss) for the period | 9904 | €2,719 | €172 | -€2,547 | -93.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,719 | €172 | -€2,547 | -93.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.