SPARKLE: 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.
SPARKLE
Largest movements
- Cash -€155,614
down €155,614 (-68.7%), from €226,492 to €70,878
mainly Receivables within one year (-€96,977) and Contributions, distributions and other (-€75,000)
- Receivables within one year +€96,977
up €96,977 (+86.2%), from €112,493 to €209,470
of which Other amounts receivable: +€61,630
- Deferred charges and accrued income +€65,930
up €65,930 (+86.9%), from €75,883 to €141,814
- Other debts -€24,121
down €24,121 (-24.1%), from €100,274 to €76,153
- Profit (loss) carried forward +€23,540
up €23,540 (+13.5%), from €174,430 to €197,970
- Trade debts +€16,666
up €16,666 (+55.2%), from €30,192 to €46,858
- Tax, wage and social debts -€15,238
down €15,238 (-15.5%), from €98,079 to €82,841
of which Taxes: -€27,892
- Staff costs +€155,497
up €155,497 (+45.4%), from €342,462 to €497,958
- Gross operating margin +€91,941
up €91,941 (+16.2%), from €566,400 to €658,341
- Write-downs -€32,934
no longer reported in 2025 (was €32,934)
- Taxes -€7,472
down €7,472 (-14.5%), from €51,421 to €43,949
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 | €435,751 | €439,933 | +€4,182 | +1.0% |
| Fixed assets | 21/28 | €20,883 | €17,772 | -€3,111 | -14.9% |
| Tangible fixed assets | 22/27 | €20,723 | €17,612 | -€3,111 | -15.0% |
| Furniture and vehicles | 24 | €20,723 | €17,612 | -€3,111 | -15.0% |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €414,868 | €422,162 | +€7,293 | +1.8% |
| Amounts receivable within one year | 40/41 | €112,493 | €209,470 | +€96,977 | +86.2% |
| Trade receivables | 40 | €111,682 | €147,029 | +€35,347 | +31.6% |
| Other amounts receivable | 41 | €811 | €62,441 | +€61,630 | +7602.1% |
| Cash at bank and in hand | 54/58 | €226,492 | €70,878 | -€155,614 | -68.7% |
| Deferred charges and accrued income | 490/1 | €75,883 | €141,814 | +€65,930 | +86.9% |
| Total equity and liabilities | 10/49 | €435,751 | €439,933 | +€4,182 | +1.0% |
| Equity | 10/15 | €194,890 | €218,430 | +€23,540 | +12.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €174,430 | €197,970 | +€23,540 | +13.5% |
| Amounts payable | 17/49 | €240,861 | €221,504 | -€19,358 | -8.0% |
| Amounts payable within one year | 42/48 | €228,546 | €205,852 | -€22,693 | -9.9% |
| Trade debts | 44 | €30,192 | €46,858 | +€16,666 | +55.2% |
| Suppliers | 440/4 | €30,192 | €46,858 | +€16,666 | +55.2% |
| Taxes, remuneration and social security | 45 | €98,079 | €82,841 | -€15,238 | -15.5% |
| Taxes | 450/3 | €65,343 | €37,451 | -€27,892 | -42.7% |
| Remuneration and social security | 454/9 | €32,736 | €45,390 | +€12,654 | +38.7% |
| Other amounts payable | 47/48 | €100,274 | €76,153 | -€24,121 | -24.1% |
| Accrued charges and deferred income | 492/3 | €12,316 | €15,651 | +€3,336 | +27.1% |
| Remuneration, social security and pensions | 62 | €342,462 | €497,958 | +€155,497 | +45.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,038 | €11,236 | +€2,199 | +24.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €32,934 | - | -€32,934 | |
| Other operating charges | 640/8 | €462 | €412 | -€51 | -10.9% |
| Gross operating margin | 9900 | €566,400 | €658,341 | +€91,941 | +16.2% |
| Operating profit (loss) | 9901 | €181,504 | €148,735 | -€32,769 | -18.1% |
| Financial income | 75/76B | €477 | €261 | -€216 | -45.3% |
| Recurring financial income | 75 | €477 | €261 | -€216 | -45.3% |
| Financial charges | 65/66B | €3,841 | €6,507 | +€2,666 | +69.4% |
| Recurring financial charges | 65 | €3,841 | €6,507 | +€2,666 | +69.4% |
| Profit (loss) for the period before taxes | 9903 | €178,140 | €142,489 | -€35,651 | -20.0% |
| Income taxes | 67/77 | €51,421 | €43,949 | -€7,472 | -14.5% |
| Profit (loss) for the period | 9904 | €126,719 | €98,540 | -€28,179 | -22.2% |
| Profit (loss) for the period to be appropriated | 9905 | €126,719 | €98,540 | -€28,179 | -22.2% |
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.