Sparrow-IT: 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.
Sparrow-IT
Largest movements
- Tangible fixed assets +€55,659
up €55,659 (+542%), from €10,262 to €65,921
of which Furniture and vehicles: +€55,795
- Cash -€8,813
down €8,813 (-9.3%), from €94,920 to €86,107
mainly Contributions, distributions and other (-€99,536) and Investment in fixed assets (net) (-€69,742)
- Receivables within one year -€6,272
down €6,272 (-20.7%), from €30,301 to €24,030
of which Trade receivables: -€8,881
- Stocks and contracts +€6,198
new in 2025: €6,198
- Deferred charges and accrued income +€2,099
up €2,099 (+148%), from €1,420 to €3,519
- Other debts +€43,178
up €43,178 (+86.4%), from €49,970 to €93,147
- Reserves -€39,703
down €39,703 (-100%), from €39,703 to €0
- Debts after one year +€36,956
new in 2025: €36,956
- Current portion of long-term debt +€10,388
new in 2025: €10,388
- Tax, wage and social debts -€6,843
down €6,843 (-27.0%), from €25,372 to €18,529
- Gross operating margin -€17,754
down €17,754 (-16.3%), from €109,023 to €91,269
- Depreciation +€7,809
up €7,809 (+124%), from €6,275 to €14,083
- Taxes -€6,512
down €6,512 (-30.3%), from €21,478 to €14,966
- Financial charges +€1,121
up €1,121 (+1,357%), from €83 to €1,204
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 | €137,458 | €186,330 | +€48,871 | +35.6% |
| Fixed assets | 21/28 | €10,817 | €66,476 | +€55,659 | +515% |
| Tangible fixed assets | 22/27 | €10,262 | €65,921 | +€55,659 | +542% |
| Plant, machinery and equipment | 23 | €1,104 | €967 | -€137 | -12.4% |
| Furniture and vehicles | 24 | €9,158 | €64,954 | +€55,795 | +609% |
| Financial fixed assets | 28 | €555 | €555 | = | 0.0% |
| Current assets | 29/58 | €126,641 | €119,854 | -€6,787 | -5.4% |
| Stocks and contracts in progress | 3 | - | €6,198 | +€6,198 | |
| Stocks | 30/36 | - | €6,198 | +€6,198 | |
| Amounts receivable within one year | 40/41 | €30,301 | €24,030 | -€6,272 | -20.7% |
| Trade receivables | 40 | €30,301 | €21,420 | -€8,881 | -29.3% |
| Other amounts receivable | 41 | - | €2,609 | +€2,609 | |
| Cash at bank and in hand | 54/58 | €94,920 | €86,107 | -€8,813 | -9.3% |
| Deferred charges and accrued income | 490/1 | €1,420 | €3,519 | +€2,099 | +148% |
| Total equity and liabilities | 10/49 | €137,458 | €186,330 | +€48,871 | +35.6% |
| Equity | 10/15 | €58,253 | €18,550 | -€39,703 | -68.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €39,703 | €0 | -€39,703 | -100% |
| Distributable reserves | 133 | €39,703 | €0 | -€39,703 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €79,206 | €167,780 | +€88,574 | +112% |
| Amounts payable after more than one year | 17 | - | €36,956 | +€36,956 | |
| Financial debts | 170/4 | - | €36,956 | +€36,956 | |
| Amounts payable within one year | 42/48 | €77,856 | €126,774 | +€48,918 | +62.8% |
| Current portion of amounts payable after more than one year | 42 | - | €10,388 | +€10,388 | |
| Trade debts | 44 | €2,514 | €4,709 | +€2,195 | +87.3% |
| Suppliers | 440/4 | €2,514 | €4,709 | +€2,195 | +87.3% |
| Taxes, remuneration and social security | 45 | €25,372 | €18,529 | -€6,843 | -27.0% |
| Taxes | 450/3 | €25,372 | €18,529 | -€6,843 | -27.0% |
| Other amounts payable | 47/48 | €49,970 | €93,147 | +€43,178 | +86.4% |
| Accrued charges and deferred income | 492/3 | €1,350 | €4,050 | +€2,700 | +200% |
| Non-recurring operating income | 76A | - | €13,000 | +€13,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,275 | €14,083 | +€7,809 | +124% |
| Other operating charges | 640/8 | €1,485 | €1,449 | -€36 | -2.5% |
| Gross operating margin | 9900 | €109,023 | €91,269 | -€17,754 | -16.3% |
| Operating profit (loss) | 9901 | €101,263 | €75,737 | -€25,526 | -25.2% |
| Financial income | 75/76B | €0 | €266 | +€266 | |
| Recurring financial income | 75 | €0 | €266 | +€266 | |
| Financial charges | 65/66B | €83 | €1,204 | +€1,121 | +1,357% |
| Recurring financial charges | 65 | €83 | €1,204 | +€1,121 | +1,357% |
| Profit (loss) for the period before taxes | 9903 | €101,180 | €74,799 | -€26,381 | -26.1% |
| Income taxes | 67/77 | €21,478 | €14,966 | -€6,512 | -30.3% |
| Profit (loss) for the period | 9904 | €79,703 | €59,833 | -€19,869 | -24.9% |
| Profit (loss) for the period to be appropriated | 9905 | €79,703 | €59,833 | -€19,869 | -24.9% |
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 15 October 2026 via checked.be.