SPARKOH!: what changed
What changed
SPARKOH!
NACE 90.312, Arts creation and performing arts activities
filed annual accounts (NBB)
Net result for the year
-€670,084
2024 · €25,551-€695,635
Equity
€11.2m
2024 · €12.8m-€1.6m
Cash
€2.4m
2024 · €2.1m+€290,629
Balance sheet total
€14.9m
2024 · €16.4m-€1.5m
Largest movements
Assets
- Current investments -€1.4m
no longer reported in 2025 (was €1.4m)
- Cash +€290,629
up €290,629 (+13.8%), from €2.1m to €2.4m
mainly Depreciation (+€2.4m) and Current investments (+€1.4m)
- Tangible fixed assets -€237,384
down €237,384 (-1.9%), from €12.2m to €12.0m
of which Assets under construction and advance payments: -€1.2m
Equity and liabilities
- Investment grants -€907,251
down €907,251 (-13.4%), from €6.8m to €5.9m
- Profit (loss) carried forward -€670,084
down €670,084, from €271,871 to -€398,213
- Trade debts +€495,170
up €495,170 (+91.0%), from €543,898 to €1.0m
- Debts after one year -€319,001
down €319,001 (-16.8%), from €1.9m to €1.6m
Income statement
- Staff costs +€471,642
up €471,642 (+20.3%), from €2.3m to €2.8m
- Depreciation +€294,600
up €294,600 (+14.2%), from €2.1m to €2.4m
- Gross operating margin +€126,858
up €126,858 (+3.7%), from €3.4m to €3.5m
- Financial income -€112,888
down €112,888 (-9.6%), from €1.2m to €1.1m
of which Financial income: -€112,744
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€25,551
Gross operating margin
+€126,858
Staff costs
-€471,642
Depreciation
-€294,600
Write-downs
-€27
Other operating charges
+€29,887
Other operating items
+€19,935
Financial income
-€112,888
Financial charges
+€10,072
Taxes
-€3,231
Result 2025
-€670,084
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€2.3m
Investment
-€738,780
Financing
-€1.2m
Cash 2024
€2.1m
From operations (derived)
+€2.3m
Net result for the year
-€670,084
Depreciation
+€2.4m
Stocks and contracts
+€4,191
Receivables within one year
+€100,561
Deferred charges and accrued income
+€19,392
Trade debts
+€495,170
Tax, wage and social debts
+€50,999
Other debts
-€103,967
Accrued charges and deferred income
-€15,773
Investment (derived)
-€738,780
Investment in fixed assets (net)
-€2.1m
Current investments
+€1.4m
Financing
-€1.2m
Debts after one year
-€319,001
Current portion of long-term debt
+€5,654
Contributions, distributions and other
-€907,251
Cash 2025
€2.4m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,393,002 | €14,928,749 | -€1.5m | -8.9% |
| Fixed assets | 21/28 | €12,222,624 | €11,991,886 | -€230,738 | -1.9% |
| Intangible fixed assets | 21 | €832 | €7,436 | +€6,604 | +794% |
| Tangible fixed assets | 22/27 | €12,219,464 | €11,982,080 | -€237,384 | -1.9% |
| Land and buildings | 22 | €7,983,377 | €8,949,418 | +€966,041 | +12.1% |
| Plant, machinery and equipment | 23 | €2,728,051 | €2,750,683 | +€22,632 | +0.8% |
| Furniture and vehicles | 24 | €200,056 | €167,210 | -€32,846 | -16.4% |
| Other tangible fixed assets | 26 | €5,000 | €5,000 | = | 0.0% |
| Assets under construction and advance payments | 27 | €1,302,981 | €109,769 | -€1.2m | -91.6% |
| Financial fixed assets | 28 | €2,328 | €2,370 | +€42 | +1.8% |
| Current assets | 29/58 | €4,170,377 | €2,936,863 | -€1.2m | -29.6% |
| Stocks and contracts in progress | 3 | €27,963 | €23,772 | -€4,191 | -15.0% |
| Stocks | 30/36 | €27,963 | €23,772 | -€4,191 | -15.0% |
| Amounts receivable within one year | 40/41 | €517,209 | €416,648 | -€100,561 | -19.4% |
| Trade receivables | 40 | €78,397 | €106,649 | +€28,252 | +36.0% |
| Other amounts receivable | 41 | €438,812 | €309,999 | -€128,813 | -29.4% |
| Current investments | 50/53 | €1,400,000 | - | -€1.4m | |
| Cash at bank and in hand | 54/58 | €2,110,615 | €2,401,244 | +€290,629 | +13.8% |
| Deferred charges and accrued income | 490/1 | €114,591 | €95,199 | -€19,392 | -16.9% |
| Total equity and liabilities | 10/49 | €16,393,002 | €14,928,749 | -€1.5m | -8.9% |
| Equity | 10/15 | €12,818,409 | €11,241,074 | -€1.6m | -12.3% |
| Contributions | 10/11 | €5,754,394 | €5,754,394 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €271,871 | -€398,213 | -€670,084 | |
| Investment grants | 15 | €6,792,144 | €5,884,893 | -€907,251 | -13.4% |
| Amounts payable | 17/49 | €3,574,593 | €3,687,675 | +€113,082 | +3.2% |
| Amounts payable after more than one year | 17 | €1,903,214 | €1,584,213 | -€319,001 | -16.8% |
| Financial debts | 170/4 | €1,903,214 | €1,584,213 | -€319,001 | -16.8% |
| Amounts payable within one year | 42/48 | €1,598,088 | €2,045,944 | +€447,856 | +28.0% |
| Current portion of amounts payable after more than one year | 42 | €313,348 | €319,002 | +€5,654 | +1.8% |
| Trade debts | 44 | €543,898 | €1,039,068 | +€495,170 | +91.0% |
| Suppliers | 440/4 | €543,898 | €1,039,068 | +€495,170 | +91.0% |
| Taxes, remuneration and social security | 45 | €439,580 | €490,579 | +€50,999 | +11.6% |
| Taxes | 450/3 | €57,595 | €77,343 | +€19,748 | +34.3% |
| Remuneration and social security | 454/9 | €381,985 | €413,236 | +€31,251 | +8.2% |
| Other amounts payable | 47/48 | €301,262 | €197,295 | -€103,967 | -34.5% |
| Accrued charges and deferred income | 492/3 | €73,291 | €57,518 | -€15,773 | -21.5% |
| Non-recurring operating income | 76A | €32,767 | €601 | -€32,166 | -98.2% |
| Remuneration, social security and pensions | 62 | €2,320,450 | €2,792,092 | +€471,642 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,074,918 | €2,369,518 | +€294,600 | +14.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €183 | €210 | +€27 | +15.0% |
| Other operating charges | 640/8 | €39,283 | €9,396 | -€29,887 | -76.1% |
| Non-recurring operating charges | 66A | €42,711 | €22,776 | -€19,935 | -46.7% |
| Gross operating margin | 9900 | €3,383,621 | €3,510,479 | +€126,858 | +3.7% |
| Operating profit (loss) | 9901 | -€1,093,924 | -€1,683,513 | -€589,589 | -53.9% |
| Financial income | 75/76B | €1,174,733 | €1,061,845 | -€112,888 | -9.6% |
| Recurring financial income | 75 | €1,174,429 | €1,061,685 | -€112,744 | -9.6% |
| Non-recurring financial income | 76B | €303 | €160 | -€143 | -47.3% |
| Financial charges | 65/66B | €57,635 | €47,563 | -€10,072 | -17.5% |
| Recurring financial charges | 65 | €57,206 | €47,302 | -€9,904 | -17.3% |
| Non-recurring financial charges | 66B | €429 | €261 | -€168 | -39.1% |
| Profit (loss) for the period before taxes | 9903 | €23,173 | -€669,231 | -€692,404 | |
| Income taxes | 67/77 | -€2,378 | €853 | +€3,231 | |
| Profit (loss) for the period | 9904 | €25,551 | -€670,084 | -€695,635 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,551 | -€670,084 | -€695,635 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.