SPARKSYDE: 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.
SPARKSYDE
Largest movements
- Receivables within one year +€60,715
up €60,715 (+232%), from €26,179 to €86,894
of which Other amounts receivable: +€59,415
- Tangible fixed assets -€19,725
down €19,725 (-66.0%), from €29,899 to €10,174
- Receivables after one year +€9,630
up €9,630 (+6.4%), from €150,000 to €159,630
- Reserves +€34,109
up €34,109 (+21.5%), from €158,411 to €192,520
- Other debts +€20,000
new in 2025: €20,000
- Current portion of long-term debt -€9,943
down €9,943 (-61.0%), from €16,303 to €6,360
- Tax, wage and social debts +€5,488
up €5,488 (+19.0%), from €28,875 to €34,363
- Gross operating margin -€50,425
down €50,425 (-40.7%), from €123,812 to €73,387
- Taxes -€15,240
down €15,240 (-59.9%), from €25,427 to €10,187
- Depreciation -€8,754
down €8,754 (-30.7%), from €28,479 to €19,725
- Financial income +€5,789
up €5,789 (+84.4%), from €6,862 to €12,651
- Other operating charges -€4,236
down €4,236 (-85.1%), from €4,977 to €741
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 | €206,307 | €256,770 | +€50,463 | +24.5% |
| Fixed assets | 21/28 | €29,899 | €10,174 | -€19,725 | -66.0% |
| Tangible fixed assets | 22/27 | €29,899 | €10,174 | -€19,725 | -66.0% |
| Furniture and vehicles | 24 | €29,899 | €10,174 | -€19,725 | -66.0% |
| Current assets | 29/58 | €176,408 | €246,596 | +€70,188 | +39.8% |
| Amounts receivable after more than one year | 29 | €150,000 | €159,630 | +€9,630 | +6.4% |
| Other amounts receivable | 291 | €150,000 | €159,630 | +€9,630 | +6.4% |
| Amounts receivable within one year | 40/41 | €26,179 | €86,894 | +€60,715 | +232% |
| Trade receivables | 40 | €185 | €1,485 | +€1,300 | +703% |
| Other amounts receivable | 41 | €25,994 | €85,409 | +€59,415 | +229% |
| Cash at bank and in hand | 54/58 | €229 | €72 | -€157 | -68.6% |
| Total equity and liabilities | 10/49 | €206,307 | €256,770 | +€50,463 | +24.5% |
| Equity | 10/15 | €159,411 | €193,520 | +€34,109 | +21.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €158,411 | €192,520 | +€34,109 | +21.5% |
| Distributable reserves | 133 | €158,411 | €192,520 | +€34,109 | +21.5% |
| Amounts payable | 17/49 | €46,896 | €63,250 | +€16,354 | +34.9% |
| Amounts payable within one year | 42/48 | €46,896 | €63,250 | +€16,354 | +34.9% |
| Current portion of amounts payable after more than one year | 42 | €16,303 | €6,360 | -€9,943 | -61.0% |
| Financial debts | 43 | - | €804 | +€804 | |
| Credit institutions | 430/8 | - | €804 | +€804 | |
| Trade debts | 44 | €1,718 | €1,723 | +€5 | +0.3% |
| Suppliers | 440/4 | €1,718 | €1,723 | +€5 | +0.3% |
| Taxes, remuneration and social security | 45 | €28,875 | €34,363 | +€5,488 | +19.0% |
| Taxes | 450/3 | €28,875 | €34,363 | +€5,488 | +19.0% |
| Other amounts payable | 47/48 | - | €20,000 | +€20,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,479 | €19,725 | -€8,754 | -30.7% |
| Other operating charges | 640/8 | €4,977 | €741 | -€4,236 | -85.1% |
| Gross operating margin | 9900 | €123,812 | €73,387 | -€50,425 | -40.7% |
| Operating profit (loss) | 9901 | €90,356 | €52,921 | -€37,435 | -41.4% |
| Financial income | 75/76B | €6,862 | €12,651 | +€5,789 | +84.4% |
| Recurring financial income | 75 | €6,862 | €12,651 | +€5,789 | +84.4% |
| Financial charges | 65/66B | €440 | €1,276 | +€836 | +190% |
| Recurring financial charges | 65 | €440 | €1,276 | +€836 | +190% |
| Profit (loss) for the period before taxes | 9903 | €96,778 | €64,296 | -€32,482 | -33.6% |
| Income taxes | 67/77 | €25,427 | €10,187 | -€15,240 | -59.9% |
| Profit (loss) for the period | 9904 | €71,351 | €54,109 | -€17,242 | -24.2% |
| Profit (loss) for the period to be appropriated | 9905 | €71,351 | €54,109 | -€17,242 | -24.2% |
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 19 October 2026 via checked.be.