SPARKTECH: what changed
Two fiscal 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.
What changed
SPARKTECH
NACE 25.110, Manufacture of metal structures and parts of structures
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€190,909
2024 · €61,122+€129,787
Equity
€155,907
2024 · €389,998-€234,091
Cash
€3,862
2024 · €10,395-€6,532
Balance sheet total
€1.7m
2024 · €1.7m+€50,543
Largest movements
Assets
- Tangible fixed assets -€115,604
down €115,604 (-15.7%), from €737,433 to €621,829
of which Plant, machinery and equipment: -€68,462
- Receivables within one year +€84,656
up €84,656 (+43.8%), from €193,189 to €277,846
of which Other amounts receivable: +€50,090
- Stocks and contracts +€75,997
up €75,997 (+35.0%), from €217,227 to €293,224
Equity and liabilities
- Other debts +€398,588
up €398,588 (+1328.6%), from €30,000 to €428,588
- Profit (loss) carried forward -€154,547
down €154,547 (-100.0%), from €154,547 to €0
- Trade debts -€99,302
down €99,302 (-27.6%), from €360,289 to €260,988
- Accrued charges and deferred income +€98,800
new in 2025: €98,800
- Current portion of long-term debt -€92,259
down €92,259 (-48.1%), from €191,949 to €99,690
Income statement
- Gross operating margin +€295,214
up €295,214 (+44.0%), from €670,560 to €965,773
- Staff costs +€149,142
up €149,142 (+36.6%), from €407,608 to €556,751
- Taxes +€32,581
up €32,581 (+100.5%), from €32,428 to €65,009
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.
Result 2024
€61,122
Gross operating margin
+€295,214
Staff costs
-€149,142
Depreciation
+€5,120
Other operating charges
+€1,706
Financial income
+€4,618
Financial charges
+€4,853
Taxes
-€32,581
Result 2025
€190,909
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.
From operations
+€531,823
Investment
+€14,396
Financing
-€552,751
Cash 2024
€10,395
From operations (derived)
+€531,823
Net result for the year
+€190,909
Depreciation
+€101,209
Receivables after one year
-€10,315
Stocks and contracts
-€75,997
Receivables within one year
-€84,656
Deferred charges and accrued income
-€1,712
Trade debts
-€99,302
Tax, wage and social debts
+€14,299
Other debts
+€398,588
Accrued charges and deferred income
+€98,800
Investment (derived)
+€14,396
Investment in fixed assets (net)
+€14,396
Financing
-€552,751
Debts after one year
-€55,685
Current portion of long-term debt
-€92,259
Short-term financial debts
+€20,192
Contributions, distributions and other
-€425,000
Cash 2025
€3,862
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,680,236 | €1,730,779 | +€50,543 | +3.0% |
| Fixed assets | 21/28 | €737,433 | €621,829 | -€115,604 | -15.7% |
| Tangible fixed assets | 22/27 | €737,433 | €621,829 | -€115,604 | -15.7% |
| Land and buildings | 22 | €499,243 | €479,222 | -€20,021 | -4.0% |
| Plant, machinery and equipment | 23 | €185,975 | €117,513 | -€68,462 | -36.8% |
| Furniture and vehicles | 24 | €46,874 | €21,131 | -€25,743 | -54.9% |
| Other tangible fixed assets | 26 | €5,341 | €3,962 | -€1,379 | -25.8% |
| Current assets | 29/58 | €942,803 | €1,108,951 | +€166,148 | +17.6% |
| Amounts receivable after more than one year | 29 | €515,756 | €526,071 | +€10,315 | +2.0% |
| Other amounts receivable | 291 | €515,756 | €526,071 | +€10,315 | +2.0% |
| Stocks and contracts in progress | 3 | €217,227 | €293,224 | +€75,997 | +35.0% |
| Stocks | 30/36 | €217,227 | €293,224 | +€75,997 | +35.0% |
| Amounts receivable within one year | 40/41 | €193,189 | €277,846 | +€84,656 | +43.8% |
| Trade receivables | 40 | €172,827 | €207,393 | +€34,567 | +20.0% |
| Other amounts receivable | 41 | €20,363 | €70,452 | +€50,090 | +246.0% |
| Cash at bank and in hand | 54/58 | €10,395 | €3,862 | -€6,532 | -62.8% |
| Deferred charges and accrued income | 490/1 | €6,236 | €7,948 | +€1,712 | +27.5% |
| Total equity and liabilities | 10/49 | €1,680,236 | €1,730,779 | +€50,543 | +3.0% |
| Equity | 10/15 | €389,998 | €155,907 | -€234,091 | -60.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €216,859 | €137,315 | -€79,544 | -36.7% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €215,000 | €135,456 | -€79,544 | -37.0% |
| Profit (loss) carried forward | 14 | €154,547 | €0 | -€154,547 | -100.0% |
| Amounts payable | 17/49 | €1,290,238 | €1,574,872 | +€284,634 | +22.1% |
| Amounts payable after more than one year | 17 | €471,766 | €416,081 | -€55,685 | -11.8% |
| Financial debts | 170/4 | €471,766 | €416,081 | -€55,685 | -11.8% |
| Amounts payable within one year | 42/48 | €818,472 | €1,059,992 | +€241,519 | +29.5% |
| Current portion of amounts payable after more than one year | 42 | €191,949 | €99,690 | -€92,259 | -48.1% |
| Financial debts | 43 | €130,324 | €150,516 | +€20,192 | +15.5% |
| Credit institutions | 430/8 | €130,324 | €150,516 | +€20,192 | +15.5% |
| Trade debts | 44 | €360,289 | €260,988 | -€99,302 | -27.6% |
| Suppliers | 440/4 | €360,289 | €260,988 | -€99,302 | -27.6% |
| Taxes, remuneration and social security | 45 | €105,910 | €120,210 | +€14,299 | +13.5% |
| Taxes | 450/3 | €49,131 | €71,405 | +€22,275 | +45.3% |
| Remuneration and social security | 454/9 | €56,780 | €48,804 | -€7,975 | -14.0% |
| Other amounts payable | 47/48 | €30,000 | €428,588 | +€398,588 | +1328.6% |
| Accrued charges and deferred income | 492/3 | - | €98,800 | +€98,800 | |
| Remuneration, social security and pensions | 62 | €407,608 | €556,751 | +€149,142 | +36.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €106,328 | €101,209 | -€5,120 | -4.8% |
| Other operating charges | 640/8 | €19,174 | €17,468 | -€1,706 | -8.9% |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | €670,560 | €965,773 | +€295,214 | +44.0% |
| Operating profit (loss) | 9901 | €137,449 | €290,346 | +€152,897 | +111.2% |
| Financial income | 75/76B | €10,114 | €14,732 | +€4,618 | +45.7% |
| Recurring financial income | 75 | €10,114 | €14,732 | +€4,618 | +45.7% |
| Financial charges | 65/66B | €54,013 | €49,160 | -€4,853 | -9.0% |
| Recurring financial charges | 65 | €54,013 | €49,160 | -€4,853 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €93,550 | €255,918 | +€162,368 | +173.6% |
| Income taxes | 67/77 | €32,428 | €65,009 | +€32,581 | +100.5% |
| Profit (loss) for the period | 9904 | €61,122 | €190,909 | +€129,787 | +212.3% |
| Profit (loss) for the period to be appropriated | 9905 | €61,122 | €190,909 | +€129,787 | +212.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.