SPARROW GROUP: 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.
SPARROW GROUP
Largest movements
- Tangible fixed assets +€72,478
new in 2025: €72,478
- Stocks and contracts +€59,000
up €59,000 (+1966.7%), from €3,000 to €62,000
- Cash +€22,803
up €22,803 (+649.4%), from €3,511 to €26,314
mainly Trade debts (+€144,190) and Other debts (+€14,911)
- Receivables within one year +€8,100
new in 2025: €8,100
- Financial fixed assets +€2,000
up €2,000 (+666.7%), from €300 to €2,300
- Trade debts +€144,190
up €144,190 (+115029.6%), from €125 to €144,315
- Other debts +€14,911
up €14,911 (+229.4%), from €6,500 to €21,411
- Tax, wage and social debts +€3,345
up €3,345 (+121.7%), from €2,748 to €6,093
of which Remuneration and social security: +€1,754
- Profit (loss) carried forward +€1,936
up €1,936 (+15.4%), from -€12,562 to -€10,627
- Gross operating margin +€42,295
up €42,295, from -€7,421 to €34,874
- Staff costs +€24,912
up €24,912 (+496.4%), from €5,019 to €29,931
- Depreciation +€1,822
new in 2025: €1,822
- Financial charges +€913
up €913 (+741.7%), from €123 to €1,036
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 | €6,811 | €171,193 | +€164,381 | +2413.4% |
| Fixed assets | 21/28 | €300 | €74,778 | +€74,478 | +24826.1% |
| Tangible fixed assets | 22/27 | - | €72,478 | +€72,478 | |
| Plant, machinery and equipment | 23 | - | €72,478 | +€72,478 | |
| Financial fixed assets | 28 | €300 | €2,300 | +€2,000 | +666.7% |
| Current assets | 29/58 | €6,511 | €96,414 | +€89,903 | +1380.7% |
| Stocks and contracts in progress | 3 | €3,000 | €62,000 | +€59,000 | +1966.7% |
| Stocks | 30/36 | €3,000 | €62,000 | +€59,000 | +1966.7% |
| Amounts receivable within one year | 40/41 | - | €8,100 | +€8,100 | |
| Trade receivables | 40 | - | €8,100 | +€8,100 | |
| Cash at bank and in hand | 54/58 | €3,511 | €26,314 | +€22,803 | +649.4% |
| Total equity and liabilities | 10/49 | €6,811 | €171,193 | +€164,381 | +2413.4% |
| Equity | 10/15 | -€2,562 | -€627 | +€1,936 | +75.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,562 | -€10,627 | +€1,936 | +15.4% |
| Amounts payable | 17/49 | €9,374 | €171,819 | +€162,446 | +1733.0% |
| Amounts payable within one year | 42/48 | €9,374 | €171,819 | +€162,446 | +1733.0% |
| Trade debts | 44 | €125 | €144,315 | +€144,190 | +115029.6% |
| Suppliers | 440/4 | €125 | €144,315 | +€144,190 | +115029.6% |
| Taxes, remuneration and social security | 45 | €2,748 | €6,093 | +€3,345 | +121.7% |
| Taxes | 450/3 | €2,389 | €3,979 | +€1,590 | +66.6% |
| Remuneration and social security | 454/9 | €360 | €2,114 | +€1,754 | +487.7% |
| Other amounts payable | 47/48 | €6,500 | €21,411 | +€14,911 | +229.4% |
| Remuneration, social security and pensions | 62 | €5,019 | €29,931 | +€24,912 | +496.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,822 | +€1,822 | |
| Other operating charges | 640/8 | - | €150 | +€150 | |
| Gross operating margin | 9900 | -€7,421 | €34,874 | +€42,295 | |
| Operating profit (loss) | 9901 | -€12,439 | €2,972 | +€15,411 | |
| Financial charges | 65/66B | €123 | €1,036 | +€913 | +741.7% |
| Recurring financial charges | 65 | €123 | €1,036 | +€913 | +741.7% |
| Profit (loss) for the period before taxes | 9903 | -€12,562 | €1,936 | +€14,498 | |
| Profit (loss) for the period | 9904 | -€12,562 | €1,936 | +€14,498 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,562 | €1,936 | +€14,498 |
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 8 October 2026 via checked.be.