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
- Tangible fixed assets -€40,485
down €40,485 (-71.2%), from €56,863 to €16,378
of which Furniture and vehicles: -€43,275
- Cash +€17,455
up €17,455 (+338%), from €5,158 to €22,613
mainly Investment in fixed assets (net) (+€28,045) and Depreciation (+€12,440)
- Trade debts -€11,402
down €11,402 (-64.5%), from €17,685 to €6,283
- Current portion of long-term debt -€8,067
no longer reported in 2025 (was €8,067)
- Other debts -€6,477
down €6,477 (-22.5%), from €28,780 to €22,303
- Reserves +€2,025
up €2,025 (+8.9%), from €22,768 to €24,793
- Depreciation -€9,477
down €9,477 (-43.2%), from €21,917 to €12,440
- Other operating charges +€980
up €980 (+37.9%), from €2,585 to €3,565
- Financial charges -€269
down €269 (-39.2%), from €687 to €418
- Gross operating margin +€265
up €265 (+1.0%), from €25,889 to €26,154
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 | €99,910 | €76,381 | -€23,529 | -23.6% |
| Fixed assets | 21/28 | €56,863 | €16,378 | -€40,485 | -71.2% |
| Tangible fixed assets | 22/27 | €56,863 | €16,378 | -€40,485 | -71.2% |
| Plant, machinery and equipment | 23 | - | €1,505 | +€1,505 | |
| Furniture and vehicles | 24 | €44,963 | €1,688 | -€43,275 | -96.2% |
| Other tangible fixed assets | 26 | €11,900 | €13,185 | +€1,285 | +10.8% |
| Current assets | 29/58 | €43,047 | €60,003 | +€16,956 | +39.4% |
| Amounts receivable within one year | 40/41 | €36,102 | €36,088 | -€14 | 0.0% |
| Trade receivables | 40 | €28,005 | €29,363 | +€1,358 | +4.8% |
| Other amounts receivable | 41 | €8,097 | €6,725 | -€1,372 | -16.9% |
| Cash at bank and in hand | 54/58 | €5,158 | €22,613 | +€17,455 | +338% |
| Deferred charges and accrued income | 490/1 | €1,787 | €1,302 | -€485 | -27.1% |
| Total equity and liabilities | 10/49 | €99,910 | €76,381 | -€23,529 | -23.6% |
| Equity | 10/15 | €41,768 | €43,793 | +€2,025 | +4.8% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €22,768 | €24,793 | +€2,025 | +8.9% |
| Distributable reserves | 133 | €22,768 | €24,793 | +€2,025 | +8.9% |
| Amounts payable | 17/49 | €58,142 | €32,588 | -€25,554 | -44.0% |
| Amounts payable within one year | 42/48 | €58,142 | €32,588 | -€25,554 | -44.0% |
| Current portion of amounts payable after more than one year | 42 | €8,067 | - | -€8,067 | |
| Trade debts | 44 | €17,685 | €6,283 | -€11,402 | -64.5% |
| Suppliers | 440/4 | €17,685 | €6,283 | -€11,402 | -64.5% |
| Taxes, remuneration and social security | 45 | €3,610 | €4,002 | +€392 | +10.9% |
| Taxes | 450/3 | €3,610 | €4,002 | +€392 | +10.9% |
| Other amounts payable | 47/48 | €28,780 | €22,303 | -€6,477 | -22.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,917 | €12,440 | -€9,477 | -43.2% |
| Other operating charges | 640/8 | €2,585 | €3,565 | +€980 | +37.9% |
| Non-recurring operating charges | 66A | - | €7,427 | +€7,427 | |
| Gross operating margin | 9900 | €25,889 | €26,154 | +€265 | +1.0% |
| Operating profit (loss) | 9901 | €1,387 | €2,722 | +€1,335 | +96.3% |
| Financial charges | 65/66B | €687 | €418 | -€269 | -39.2% |
| Recurring financial charges | 65 | €687 | €418 | -€269 | -39.2% |
| Profit (loss) for the period before taxes | 9903 | €700 | €2,304 | +€1,604 | +229% |
| Income taxes | 67/77 | €140 | €279 | +€139 | +99.3% |
| Profit (loss) for the period | 9904 | €560 | €2,025 | +€1,465 | +262% |
| Profit (loss) for the period to be appropriated | 9905 | €560 | €2,025 | +€1,465 | +262% |
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 20 October 2026 via checked.be.