SPARKLE UP: 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 UP
Largest movements
- Cash -€32,670
down €32,670 (-58.6%), from €55,753 to €23,083
mainly Investment in fixed assets (net) (-€40,822) and Net result for the year (-€15,142)
- Tangible fixed assets +€27,023
up €27,023 (+2,370%), from €1,140 to €28,164
- Receivables within one year +€7,853
up €7,853 (+29.1%), from €26,945 to €34,798
of which Trade receivables: +€15,707
- Deferred charges and accrued income +€2,661
up €2,661 (+1,552%), from €172 to €2,832
- Debts after one year +€16,275
new in 2025: €16,275
- Profit (loss) carried forward -€15,142
down €15,142, from €10,444 to -€4,698
- Tax, wage and social debts +€10,412
up €10,412 (+1,344%), from €775 to €11,187
- Current portion of long-term debt +€7,250
new in 2025: €7,250
- Trade debts -€7,122
down €7,122 (-26.4%), from €27,015 to €19,893
- Depreciation +€12,623
up €12,623 (+1,073%), from €1,176 to €13,799
- Gross operating margin -€5,772
down €5,772 (-61.7%), from €9,350 to €3,578
- Other operating charges +€2,891
up €2,891 (+670%), from €431 to €3,323
- Financial charges +€1,339
up €1,339 (+1,198%), from €112 to €1,451
- Taxes -€627
down €627 (-80.9%), from €775 to €148
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.
Derived cash bridge
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 | €84,010 | €88,877 | +€4,867 | +5.8% |
| Fixed assets | 21/28 | €1,140 | €28,164 | +€27,023 | +2,370% |
| Tangible fixed assets | 22/27 | €1,140 | €28,164 | +€27,023 | +2,370% |
| Furniture and vehicles | 24 | €1,140 | €28,164 | +€27,023 | +2,370% |
| Current assets | 29/58 | €82,870 | €60,714 | -€22,156 | -26.7% |
| Amounts receivable within one year | 40/41 | €26,945 | €34,798 | +€7,853 | +29.1% |
| Trade receivables | 40 | €19,091 | €34,798 | +€15,707 | +82.3% |
| Other amounts receivable | 41 | €7,855 | - | -€7,855 | |
| Cash at bank and in hand | 54/58 | €55,753 | €23,083 | -€32,670 | -58.6% |
| Deferred charges and accrued income | 490/1 | €172 | €2,832 | +€2,661 | +1,552% |
| Total equity and liabilities | 10/49 | €84,010 | €88,877 | +€4,867 | +5.8% |
| Equity | 10/15 | €29,102 | €13,960 | -€15,142 | -52.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €58 | €58 | = | 0.0% |
| Distributable reserves | 133 | €58 | €58 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,444 | -€4,698 | -€15,142 | |
| Amounts payable | 17/49 | €54,908 | €74,917 | +€20,009 | +36.4% |
| Amounts payable after more than one year | 17 | - | €16,275 | +€16,275 | |
| Financial debts | 170/4 | - | €16,275 | +€16,275 | |
| Amounts payable within one year | 42/48 | €54,908 | €58,642 | +€3,733 | +6.8% |
| Current portion of amounts payable after more than one year | 42 | - | €7,250 | +€7,250 | |
| Trade debts | 44 | €27,015 | €19,893 | -€7,122 | -26.4% |
| Suppliers | 440/4 | €27,015 | €19,893 | -€7,122 | -26.4% |
| Taxes, remuneration and social security | 45 | €775 | €11,187 | +€10,412 | +1,344% |
| Taxes | 450/3 | €775 | €11,187 | +€10,412 | +1,344% |
| Other amounts payable | 47/48 | €27,118 | €20,312 | -€6,807 | -25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,176 | €13,799 | +€12,623 | +1,073% |
| Other operating charges | 640/8 | €431 | €3,323 | +€2,891 | +670% |
| Gross operating margin | 9900 | €9,350 | €3,578 | -€5,772 | -61.7% |
| Operating profit (loss) | 9901 | €7,743 | -€13,543 | -€21,286 | |
| Financial charges | 65/66B | €112 | €1,451 | +€1,339 | +1,198% |
| Recurring financial charges | 65 | €112 | €1,451 | +€1,339 | +1,198% |
| Profit (loss) for the period before taxes | 9903 | €7,631 | -€14,994 | -€22,625 | |
| Income taxes | 67/77 | €775 | €148 | -€627 | -80.9% |
| Profit (loss) for the period | 9904 | €6,856 | -€15,142 | -€21,998 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,856 | -€15,142 | -€21,998 |
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 17 October 2026 via checked.be.