Sparkplug: 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.
Sparkplug
Largest movements
- Tangible fixed assets +€69,699
up €69,699 (+123.9%), from €56,261 to €125,961
of which Land and buildings: +€50,475
- Receivables within one year +€35,454
up €35,454 (+266.6%), from €13,298 to €48,752
of which Trade receivables: +€35,586
- Cash -€25,607
down €25,607 (-30.3%), from €84,526 to €58,919
mainly Contributions, distributions and other (-€186,611) and Investment in fixed assets (net) (-€95,326)
- Deferred charges and accrued income -€2,444
down €2,444 (-100.0%), from €2,444 to €0
- Other debts +€140,452
up €140,452 (+400.4%), from €35,076 to €175,527
- Profit (loss) carried forward -€84,681
down €84,681 (-100.0%), from €84,681 to €0
- Accrued charges and deferred income +€25,094
up €25,094 (+1043.4%), from €2,405 to €27,499
- Tax, wage and social debts +€6,492
up €6,492 (+54.8%), from €11,854 to €18,346
of which Taxes: +€3,926
- Debts after one year -€5,518
down €5,518 (-53.8%), from €10,260 to €4,742
- Gross operating margin +€87,605
up €87,605 (+93.6%), from €93,551 to €181,157
- Staff costs +€18,712
up €18,712 (+498.1%), from €3,756 to €22,468
- Taxes +€14,559
up €14,559 (+104.6%), from €13,918 to €28,476
- Depreciation +€8,898
up €8,898 (+53.2%), from €16,729 to €25,627
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 | €156,529 | €233,632 | +€77,103 | +49.3% |
| Fixed assets | 21/28 | €56,261 | €125,961 | +€69,699 | +123.9% |
| Tangible fixed assets | 22/27 | €56,261 | €125,961 | +€69,699 | +123.9% |
| Land and buildings | 22 | €1,387 | €51,863 | +€50,475 | +3638.1% |
| Plant, machinery and equipment | 23 | €20,538 | €18,318 | -€2,220 | -10.8% |
| Furniture and vehicles | 24 | €8,063 | €38,435 | +€30,372 | +376.7% |
| Leasing and similar rights | 25 | €26,273 | €17,345 | -€8,928 | -34.0% |
| Current assets | 29/58 | €100,267 | €107,671 | +€7,404 | +7.4% |
| Amounts receivable within one year | 40/41 | €13,298 | €48,752 | +€35,454 | +266.6% |
| Trade receivables | 40 | €12,781 | €48,367 | +€35,586 | +278.4% |
| Other amounts receivable | 41 | €517 | €385 | -€132 | -25.5% |
| Cash at bank and in hand | 54/58 | €84,526 | €58,919 | -€25,607 | -30.3% |
| Deferred charges and accrued income | 490/1 | €2,444 | €0 | -€2,444 | -100.0% |
| Total equity and liabilities | 10/49 | €156,529 | €233,632 | +€77,103 | +49.3% |
| Equity | 10/15 | €86,681 | €2,000 | -€84,681 | -97.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €84,681 | €0 | -€84,681 | -100.0% |
| Amounts payable | 17/49 | €69,848 | €231,632 | +€161,784 | +231.6% |
| Amounts payable after more than one year | 17 | €10,260 | €4,742 | -€5,518 | -53.8% |
| Financial debts | 170/4 | €10,260 | €4,742 | -€5,518 | -53.8% |
| Amounts payable within one year | 42/48 | €57,183 | €199,391 | +€142,209 | +248.7% |
| Current portion of amounts payable after more than one year | 42 | €8,998 | €5,518 | -€3,480 | -38.7% |
| Trade debts | 44 | €1,254 | €0 | -€1,254 | -100.0% |
| Suppliers | 440/4 | €1,254 | €0 | -€1,254 | -100.0% |
| Taxes, remuneration and social security | 45 | €11,854 | €18,346 | +€6,492 | +54.8% |
| Taxes | 450/3 | €10,815 | €14,741 | +€3,926 | +36.3% |
| Remuneration and social security | 454/9 | €1,039 | €3,605 | +€2,566 | +246.9% |
| Other amounts payable | 47/48 | €35,076 | €175,527 | +€140,452 | +400.4% |
| Accrued charges and deferred income | 492/3 | €2,405 | €27,499 | +€25,094 | +1043.4% |
| Non-recurring operating income | 76A | - | €500 | +€500 | |
| Remuneration, social security and pensions | 62 | €3,756 | €22,468 | +€18,712 | +498.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,729 | €25,627 | +€8,898 | +53.2% |
| Other operating charges | 640/8 | €733 | €444 | -€289 | -39.4% |
| Non-recurring operating charges | 66A | €385 | €0 | -€385 | -100.0% |
| Gross operating margin | 9900 | €93,551 | €181,157 | +€87,605 | +93.6% |
| Operating profit (loss) | 9901 | €71,949 | €132,618 | +€60,669 | +84.3% |
| Financial income | 75/76B | €252 | €571 | +€319 | +126.4% |
| Recurring financial income | 75 | €252 | €571 | +€319 | +126.4% |
| Financial charges | 65/66B | €3,330 | €2,782 | -€547 | -16.4% |
| Recurring financial charges | 65 | €3,330 | €2,782 | -€547 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | €68,872 | €130,407 | +€61,535 | +89.3% |
| Income taxes | 67/77 | €13,918 | €28,476 | +€14,559 | +104.6% |
| Profit (loss) for the period | 9904 | €54,954 | €101,930 | +€46,977 | +85.5% |
| Profit (loss) for the period to be appropriated | 9905 | €54,954 | €101,930 | +€46,977 | +85.5% |
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 12 October 2026 via checked.be.