SparkBlue: 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.
SparkBlue
Largest movements
- Cash +€57,539
up €57,539 (+36.6%), from €157,035 to €214,574
mainly Net result for the year (+€143,089) and Trade debts (+€14,679)
- Receivables within one year +€16,483
up €16,483 (+38.0%), from €43,330 to €59,813
of which Trade receivables: +€11,838
- Current investments +€15,058
up €15,058 (+12.3%), from €122,764 to €137,821
- Profit (loss) carried forward +€80,964
up €80,964 (+130.3%), from €62,125 to €143,089
- Trade debts +€14,679
up €14,679 (+790.7%), from €1,856 to €16,535
- Tax, wage and social debts -€5,529
down €5,529 (-27.7%), from €19,942 to €14,413
of which Taxes: -€5,540
- Gross operating margin +€17,678
up €17,678 (+12.5%), from €141,516 to €159,194
- Financial income +€14,159
up €14,159 (+176.2%), from €8,036 to €22,195
of which Financial income: +€14,495
- Financial charges -€6,885
down €6,885 (-88.1%), from €7,818 to €933
of which Non-recurring financial charges: -€6,875
- Taxes -€3,959
down €3,959 (-10.0%), from €39,516 to €35,557
- Depreciation -€2,931
down €2,931 (-82.8%), from €3,541 to €609
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 | €325,188 | €415,327 | +€90,140 | +27.7% |
| Fixed assets | 21/28 | €1,123 | €2,149 | +€1,026 | +91.4% |
| Tangible fixed assets | 22/27 | €1,123 | €2,149 | +€1,026 | +91.4% |
| Plant, machinery and equipment | 23 | €378 | €1,495 | +€1,117 | +295.8% |
| Furniture and vehicles | 24 | €745 | €654 | -€91 | -12.2% |
| Current assets | 29/58 | €324,065 | €413,178 | +€89,113 | +27.5% |
| Amounts receivable within one year | 40/41 | €43,330 | €59,813 | +€16,483 | +38.0% |
| Trade receivables | 40 | €43,330 | €55,168 | +€11,838 | +27.3% |
| Other amounts receivable | 41 | - | €4,645 | +€4,645 | |
| Current investments | 50/53 | €122,764 | €137,821 | +€15,058 | +12.3% |
| Cash at bank and in hand | 54/58 | €157,035 | €214,574 | +€57,539 | +36.6% |
| Deferred charges and accrued income | 490/1 | €937 | €970 | +€34 | +3.6% |
| Total equity and liabilities | 10/49 | €325,188 | €415,327 | +€90,140 | +27.7% |
| Equity | 10/15 | €303,266 | €384,230 | +€80,964 | +26.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €240,142 | €240,142 | = | 0.0% |
| Distributable reserves | 133 | €240,142 | €240,142 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,125 | €143,089 | +€80,964 | +130.3% |
| Amounts payable | 17/49 | €21,921 | €31,097 | +€9,176 | +41.9% |
| Amounts payable within one year | 42/48 | €21,921 | €31,097 | +€9,176 | +41.9% |
| Trade debts | 44 | €1,856 | €16,535 | +€14,679 | +790.7% |
| Suppliers | 440/4 | €1,856 | €16,535 | +€14,679 | +790.7% |
| Taxes, remuneration and social security | 45 | €19,942 | €14,413 | -€5,529 | -27.7% |
| Taxes | 450/3 | €17,284 | €11,744 | -€5,540 | -32.1% |
| Remuneration and social security | 454/9 | €2,658 | €2,669 | +€11 | +0.4% |
| Other amounts payable | 47/48 | €123 | €148 | +€26 | +20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,541 | €609 | -€2,931 | -82.8% |
| Other operating charges | 640/8 | €1,252 | €1,201 | -€51 | -4.1% |
| Gross operating margin | 9900 | €141,516 | €159,194 | +€17,678 | +12.5% |
| Operating profit (loss) | 9901 | €136,723 | €157,384 | +€20,661 | +15.1% |
| Financial income | 75/76B | €8,036 | €22,195 | +€14,159 | +176.2% |
| Recurring financial income | 75 | €2,845 | €17,340 | +€14,495 | +509.5% |
| Non-recurring financial income | 76B | €5,191 | €4,855 | -€335 | -6.5% |
| Financial charges | 65/66B | €7,818 | €933 | -€6,885 | -88.1% |
| Recurring financial charges | 65 | €53 | €44 | -€10 | -18.7% |
| Non-recurring financial charges | 66B | €7,765 | €889 | -€6,875 | -88.5% |
| Profit (loss) for the period before taxes | 9903 | €136,941 | €178,646 | +€41,705 | +30.5% |
| Income taxes | 67/77 | €39,516 | €35,557 | -€3,959 | -10.0% |
| Profit (loss) for the period | 9904 | €97,425 | €143,089 | +€45,664 | +46.9% |
| Profit (loss) for the period to be appropriated | 9905 | €97,425 | €143,089 | +€45,664 | +46.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.