SPARQS: 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.
SPARQS
Largest movements
- Cash +€40,589
up €40,589 (+142.2%), from €28,539 to €69,128
mainly Net result for the year (+€36,675) and Receivables within one year (+€10,235)
- Receivables within one year -€10,235
down €10,235 (-43.6%), from €23,454 to €13,219
of which Trade receivables: -€12,204
- Tangible fixed assets -€2,564
down €2,564 (-27.4%), from €9,347 to €6,783
of which Furniture and vehicles: -€2,051
- Deferred charges and accrued income -€2,218
down €2,218 (-31.6%), from €7,017 to €4,799
- Reserves +€36,675
up €36,675 (+81.1%), from €45,216 to €81,891
- Other debts -€7,023
down €7,023 (-92.2%), from €7,620 to €597
- Tax, wage and social debts -€3,293
down €3,293 (-26.2%), from €12,575 to €9,282
of which Remuneration and social security: -€1,748
- Taxes -€3,022
down €3,022 (-23.0%), from €13,144 to €10,122
- Other operating charges -€2,705
down €2,705 (-90.6%), from €2,987 to €282
- Gross operating margin -€1,892
down €1,892 (-3.5%), from €53,457 to €51,565
- Financial charges +€700
up €700 (+46.0%), from €1,524 to €2,224
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 | €68,356 | €93,928 | +€25,572 | +37.4% |
| Fixed assets | 21/28 | €9,347 | €6,783 | -€2,564 | -27.4% |
| Tangible fixed assets | 22/27 | €9,347 | €6,783 | -€2,564 | -27.4% |
| Furniture and vehicles | 24 | €4,724 | €2,673 | -€2,051 | -43.4% |
| Other tangible fixed assets | 26 | €4,623 | €4,111 | -€512 | -11.1% |
| Current assets | 29/58 | €59,010 | €87,145 | +€28,136 | +47.7% |
| Amounts receivable within one year | 40/41 | €23,454 | €13,219 | -€10,235 | -43.6% |
| Trade receivables | 40 | €23,454 | €11,250 | -€12,204 | -52.0% |
| Other amounts receivable | 41 | - | €1,969 | +€1,969 | |
| Cash at bank and in hand | 54/58 | €28,539 | €69,128 | +€40,589 | +142.2% |
| Deferred charges and accrued income | 490/1 | €7,017 | €4,799 | -€2,218 | -31.6% |
| Total equity and liabilities | 10/49 | €68,356 | €93,928 | +€25,572 | +37.4% |
| Equity | 10/15 | €47,216 | €83,891 | +€36,675 | +77.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €45,216 | €81,891 | +€36,675 | +81.1% |
| Distributable reserves | 133 | €45,216 | €81,891 | +€36,675 | +81.1% |
| Amounts payable | 17/49 | €21,141 | €10,037 | -€11,103 | -52.5% |
| Amounts payable within one year | 42/48 | €21,127 | €10,015 | -€11,112 | -52.6% |
| Trade debts | 44 | €932 | €137 | -€795 | -85.3% |
| Suppliers | 440/4 | €932 | €137 | -€795 | -85.3% |
| Taxes, remuneration and social security | 45 | €12,575 | €9,282 | -€3,293 | -26.2% |
| Taxes | 450/3 | €10,827 | €9,282 | -€1,545 | -14.3% |
| Remuneration and social security | 454/9 | €1,748 | - | -€1,748 | |
| Other amounts payable | 47/48 | €7,620 | €597 | -€7,023 | -92.2% |
| Accrued charges and deferred income | 492/3 | €14 | €22 | +€8 | +61.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,140 | €2,564 | +€424 | +19.8% |
| Other operating charges | 640/8 | €2,987 | €282 | -€2,705 | -90.6% |
| Gross operating margin | 9900 | €53,457 | €51,565 | -€1,892 | -3.5% |
| Operating profit (loss) | 9901 | €48,330 | €48,719 | +€389 | +0.8% |
| Financial income | 75/76B | €190 | €303 | +€112 | +58.9% |
| Recurring financial income | 75 | €190 | €303 | +€112 | +58.9% |
| Financial charges | 65/66B | €1,524 | €2,224 | +€700 | +46.0% |
| Recurring financial charges | 65 | €1,524 | €2,224 | +€700 | +46.0% |
| Profit (loss) for the period before taxes | 9903 | €46,996 | €46,797 | -€199 | -0.4% |
| Income taxes | 67/77 | €13,144 | €10,122 | -€3,022 | -23.0% |
| Profit (loss) for the period | 9904 | €33,852 | €36,675 | +€2,823 | +8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €33,852 | €36,675 | +€2,823 | +8.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.