SPARKL: 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.
SPARKL
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Debts after one year -€145,528
down €145,528 (-42.2%), from €344,781 to €199,253
- Other debts +€119,640
up €119,640 (+1619.5%), from €7,387 to €127,028
- Gross operating margin -€4,022
down €4,022 (-11.1%), from €36,302 to €32,280
- Financial charges -€2,949
down €2,949 (-21.1%), from €13,961 to €11,012
- Depreciation -€2,722
down €2,722 (-79.6%), from €3,421 to €699
- Taxes -€803
down €803 (-15.5%), from €5,175 to €4,371
- Other operating charges -€580
down €580 (-25.8%), from €2,251 to €1,671
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 | €1,297,606 | €1,293,169 | -€4,437 | -0.3% |
| Fixed assets | 21/28 | €1,276,134 | €1,271,581 | -€4,553 | -0.4% |
| Tangible fixed assets | 22/27 | €6,134 | €1,581 | -€4,553 | -74.2% |
| Furniture and vehicles | 24 | €4,931 | €513 | -€4,418 | -89.6% |
| Other tangible fixed assets | 26 | €1,203 | €1,068 | -€135 | -11.2% |
| Financial fixed assets | 28 | €1,270,000 | €1,270,000 | = | 0.0% |
| Current assets | 29/58 | €21,472 | €21,588 | +€116 | +0.5% |
| Amounts receivable within one year | 40/41 | €6,901 | €1,664 | -€5,237 | -75.9% |
| Trade receivables | 40 | €0 | €1,036 | +€1,036 | |
| Other amounts receivable | 41 | €6,901 | €629 | -€6,272 | -90.9% |
| Cash at bank and in hand | 54/58 | €13,928 | €19,043 | +€5,115 | +36.7% |
| Deferred charges and accrued income | 490/1 | €642 | €881 | +€238 | +37.1% |
| Total equity and liabilities | 10/49 | €1,297,606 | €1,293,169 | -€4,437 | -0.3% |
| Equity | 10/15 | €772,483 | €784,186 | +€11,703 | +1.5% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €692,483 | €704,186 | +€11,703 | +1.7% |
| Amounts payable | 17/49 | €525,123 | €508,983 | -€16,140 | -3.1% |
| Amounts payable after more than one year | 17 | €344,781 | €199,253 | -€145,528 | -42.2% |
| Financial debts | 170/4 | €344,781 | €199,253 | -€145,528 | -42.2% |
| Amounts payable within one year | 42/48 | €178,891 | €309,678 | +€130,787 | +73.1% |
| Current portion of amounts payable after more than one year | 42 | €161,157 | €172,307 | +€11,151 | +6.9% |
| Trade debts | 44 | €331 | €1,275 | +€945 | +285.7% |
| Suppliers | 440/4 | €331 | €1,275 | +€945 | +285.7% |
| Taxes, remuneration and social security | 45 | €10,016 | €9,068 | -€949 | -9.5% |
| Taxes | 450/3 | €7,816 | €6,868 | -€949 | -12.1% |
| Remuneration and social security | 454/9 | €2,200 | €2,200 | = | 0.0% |
| Other amounts payable | 47/48 | €7,387 | €127,028 | +€119,640 | +1619.5% |
| Accrued charges and deferred income | 492/3 | €1,451 | €52 | -€1,399 | -96.4% |
| Non-recurring operating income | 76A | - | €7,775 | +€7,775 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,421 | €699 | -€2,722 | -79.6% |
| Other operating charges | 640/8 | €2,251 | €1,671 | -€580 | -25.8% |
| Gross operating margin | 9900 | €36,302 | €32,280 | -€4,022 | -11.1% |
| Operating profit (loss) | 9901 | €30,630 | €29,910 | -€720 | -2.4% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €13,961 | €11,012 | -€2,949 | -21.1% |
| Recurring financial charges | 65 | €13,961 | €11,012 | -€2,949 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | €16,669 | €18,898 | +€2,229 | +13.4% |
| Income taxes | 67/77 | €5,175 | €4,371 | -€803 | -15.5% |
| Profit (loss) for the period | 9904 | €11,494 | €14,527 | +€3,032 | +26.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,494 | €14,527 | +€3,032 | +26.4% |
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 29 September 2026 via checked.be.