Sparkles: 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.
Sparkles
Largest movements
- Cash +€78,818
up €78,818 (+24.0%), from €328,977 to €407,795
mainly Net result for the year (+€111,191) and Depreciation (+€30,664)
- Current investments -€11,256
down €11,256 (-4.7%), from €237,416 to €226,160
- Reserves +€80,056
up €80,056 (+12.5%), from €640,693 to €720,749
- Trade debts -€19,156
down €19,156 (-94.1%), from €20,357 to €1,201
- Gross operating margin -€15,878
down €15,878 (-6.8%), from €234,075 to €218,197
- Taxes -€6,526
down €6,526 (-12.2%), from €53,656 to €47,130
- Staff costs +€4,188
up €4,188 (+20.3%), from €20,677 to €24,865
- Depreciation +€2,592
up €2,592 (+9.2%), from €28,071 to €30,664
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 | €949,068 | €1,016,525 | +€67,458 | +7.1% |
| Fixed assets | 21/28 | €309,961 | €309,677 | -€284 | -0.1% |
| Tangible fixed assets | 22/27 | €309,961 | €309,677 | -€284 | -0.1% |
| Land and buildings | 22 | €298,067 | €301,831 | +€3,764 | +1.3% |
| Plant, machinery and equipment | 23 | €5,213 | €4,628 | -€585 | -11.2% |
| Furniture and vehicles | 24 | €6,680 | €3,217 | -€3,463 | -51.8% |
| Current assets | 29/58 | €639,107 | €706,848 | +€67,742 | +10.6% |
| Amounts receivable within one year | 40/41 | €66,782 | €71,395 | +€4,613 | +6.9% |
| Trade receivables | 40 | €26,191 | €30,752 | +€4,561 | +17.4% |
| Other amounts receivable | 41 | €40,591 | €40,643 | +€51 | +0.1% |
| Current investments | 50/53 | €237,416 | €226,160 | -€11,256 | -4.7% |
| Cash at bank and in hand | 54/58 | €328,977 | €407,795 | +€78,818 | +24.0% |
| Deferred charges and accrued income | 490/1 | €5,931 | €1,498 | -€4,433 | -74.7% |
| Total equity and liabilities | 10/49 | €949,068 | €1,016,525 | +€67,458 | +7.1% |
| Equity | 10/15 | €815,693 | €895,749 | +€80,056 | +9.8% |
| Contributions | 10/11 | €175,000 | €175,000 | = | 0.0% |
| Reserves | 13 | €640,693 | €720,749 | +€80,056 | +12.5% |
| Distributable reserves | 133 | €640,693 | €720,749 | +€80,056 | +12.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €133,374 | €120,776 | -€12,598 | -9.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €128,386 | €116,527 | -€11,859 | -9.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €516 | €0 | -€516 | -100% |
| Credit institutions | 430/8 | €516 | €0 | -€516 | -100% |
| Trade debts | 44 | €20,357 | €1,201 | -€19,156 | -94.1% |
| Suppliers | 440/4 | €20,357 | €1,201 | -€19,156 | -94.1% |
| Taxes, remuneration and social security | 45 | €40,507 | €50,060 | +€9,553 | +23.6% |
| Taxes | 450/3 | €33,861 | €42,827 | +€8,965 | +26.5% |
| Remuneration and social security | 454/9 | €6,646 | €7,233 | +€588 | +8.8% |
| Other amounts payable | 47/48 | €67,006 | €65,266 | -€1,740 | -2.6% |
| Accrued charges and deferred income | 492/3 | €4,988 | €4,249 | -€739 | -14.8% |
| Remuneration, social security and pensions | 62 | €20,677 | €24,865 | +€4,188 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,071 | €30,664 | +€2,592 | +9.2% |
| Other operating charges | 640/8 | €2,471 | €2,701 | +€229 | +9.3% |
| Gross operating margin | 9900 | €234,075 | €218,197 | -€15,878 | -6.8% |
| Operating profit (loss) | 9901 | €182,855 | €159,967 | -€22,887 | -12.5% |
| Financial income | 75/76B | €2,191 | €3,051 | +€860 | +39.2% |
| Recurring financial income | 75 | €2,191 | €3,051 | +€860 | +39.2% |
| Financial charges | 65/66B | €6,624 | €4,698 | -€1,926 | -29.1% |
| Recurring financial charges | 65 | €6,624 | €4,698 | -€1,926 | -29.1% |
| Profit (loss) for the period before taxes | 9903 | €178,422 | €158,321 | -€20,101 | -11.3% |
| Income taxes | 67/77 | €53,656 | €47,130 | -€6,526 | -12.2% |
| Profit (loss) for the period | 9904 | €124,766 | €111,191 | -€13,575 | -10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €124,766 | €111,191 | -€13,575 | -10.9% |
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 27 October 2026 via checked.be.