SPARKS: 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.
SPARKS
Largest movements
- Cash +€21,044
up €21,044 (+7.8%), from €271,336 to €292,380
mainly Net result for the year (+€31,572) and Other debts (+€2,876)
- Receivables within one year +€7,434
up €7,434 (+33.5%), from €22,204 to €29,637
of which Trade receivables: +€6,923
- Reserves +€31,572
up €31,572 (+12.1%), from €260,706 to €292,278
- Trade debts -€5,970
down €5,970 (-53.4%), from €11,189 to €5,219
- Gross operating margin -€2,446
down €2,446 (-6.1%), from €39,864 to €37,418
- Financial income +€1,988
up €1,988 (+611%), from €325 to €2,313
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 | €293,540 | €322,018 | +€28,478 | +9.7% |
| Current assets | 29/58 | €293,540 | €322,018 | +€28,478 | +9.7% |
| Amounts receivable within one year | 40/41 | €22,204 | €29,637 | +€7,434 | +33.5% |
| Trade receivables | 40 | €19,915 | €26,838 | +€6,923 | +34.8% |
| Other amounts receivable | 41 | €2,289 | €2,800 | +€511 | +22.3% |
| Cash at bank and in hand | 54/58 | €271,336 | €292,380 | +€21,044 | +7.8% |
| Total equity and liabilities | 10/49 | €293,540 | €322,018 | +€28,478 | +9.7% |
| Equity | 10/15 | €279,298 | €310,870 | +€31,572 | +11.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €260,706 | €292,278 | +€31,572 | +12.1% |
| Distributable reserves | 133 | €260,706 | €292,278 | +€31,572 | +12.1% |
| Amounts payable | 17/49 | €14,241 | €11,147 | -€3,094 | -21.7% |
| Amounts payable within one year | 42/48 | €14,241 | €11,147 | -€3,094 | -21.7% |
| Trade debts | 44 | €11,189 | €5,219 | -€5,970 | -53.4% |
| Suppliers | 440/4 | €11,189 | €5,219 | -€5,970 | -53.4% |
| Other amounts payable | 47/48 | €3,053 | €5,928 | +€2,876 | +94.2% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | €39,864 | €37,418 | -€2,446 | -6.1% |
| Operating profit (loss) | 9901 | €39,476 | €37,418 | -€2,059 | -5.2% |
| Financial income | 75/76B | €325 | €2,313 | +€1,988 | +611% |
| Recurring financial income | 75 | €325 | €2,313 | +€1,988 | +611% |
| Financial charges | 65/66B | €40 | €53 | +€13 | +32.4% |
| Recurring financial charges | 65 | €40 | €53 | +€13 | +32.4% |
| Profit (loss) for the period before taxes | 9903 | €39,762 | €39,678 | -€84 | -0.2% |
| Income taxes | 67/77 | €8,088 | €8,106 | +€18 | +0.2% |
| Profit (loss) for the period | 9904 | €31,674 | €31,572 | -€102 | -0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €31,674 | €31,572 | -€102 | -0.3% |
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 26 October 2026 via checked.be.