SPARSA: 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.
SPARSA
Largest movements
- Tangible fixed assets -€39,852
down €39,852 (-10.6%), from €374,917 to €335,065
of which Leasing and similar rights: -€21,219
- Cash -€6,218
down €6,218 (-87.3%), from €7,126 to €907
mainly Current portion of long-term debt (-€75,081) and Other debts (-€69,192)
- Stocks and contracts +€5,324
up €5,324 (+37.4%), from €14,236 to €19,560
- Current portion of long-term debt -€75,081
down €75,081 (-61.5%), from €122,048 to €46,967
- Short-term financial debts +€75,000
new in 2024: €75,000
- Other debts -€69,192
down €69,192 (-97.3%), from €71,126 to €1,934
- Debts after one year +€31,380
up €31,380 (+9.3%), from €336,582 to €367,961
of which Other amounts payable: +€78,346
- Tax, wage and social debts +€13,569
up €13,569 (+212.6%), from €6,381 to €19,951
of which Taxes: +€10,029
- Gross operating margin +€80,864
up €80,864 (+21396.4%), from €378 to €81,241
- Staff costs -€12,672
down €12,672 (-32.9%), from €38,494 to €25,822
- Other operating charges -€3,937
down €3,937 (-73.2%), from €5,375 to €1,438
- Financial charges +€3,016
up €3,016 (+21.9%), from €13,773 to €16,789
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €417,968 | €376,440 | -€41,529 | -9.9% |
| Fixed assets | 21/28 | €376,616 | €336,663 | -€39,953 | -10.6% |
| Intangible fixed assets | 21 | €299 | €198 | -€101 | -33.8% |
| Tangible fixed assets | 22/27 | €374,917 | €335,065 | -€39,852 | -10.6% |
| Plant, machinery and equipment | 23 | €44,472 | €34,289 | -€10,183 | -22.9% |
| Furniture and vehicles | 24 | €768 | €90 | -€678 | -88.3% |
| Leasing and similar rights | 25 | €267,287 | €246,068 | -€21,219 | -7.9% |
| Other tangible fixed assets | 26 | €62,390 | €54,618 | -€7,772 | -12.5% |
| Financial fixed assets | 28 | €1,400 | €1,400 | = | 0.0% |
| Current assets | 29/58 | €41,352 | €39,777 | -€1,575 | -3.8% |
| Stocks and contracts in progress | 3 | €14,236 | €19,560 | +€5,324 | +37.4% |
| Stocks | 30/36 | €14,236 | €19,560 | +€5,324 | +37.4% |
| Amounts receivable within one year | 40/41 | €18,845 | €17,739 | -€1,106 | -5.9% |
| Trade receivables | 40 | €16,137 | €10,978 | -€5,159 | -32.0% |
| Other amounts receivable | 41 | €2,707 | €6,760 | +€4,053 | +149.7% |
| Cash at bank and in hand | 54/58 | €7,126 | €907 | -€6,218 | -87.3% |
| Deferred charges and accrued income | 490/1 | €1,146 | €1,571 | +€425 | +37.1% |
| Total equity and liabilities | 10/49 | €417,968 | €376,440 | -€41,529 | -9.9% |
| Equity | 10/15 | -€162,979 | -€165,730 | -€2,751 | -1.7% |
| Contributions | 10/11 | €84,000 | €84,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€246,979 | -€249,730 | -€2,751 | -1.1% |
| Amounts payable | 17/49 | €580,947 | €542,170 | -€38,777 | -6.7% |
| Amounts payable after more than one year | 17 | €336,582 | €367,961 | +€31,380 | +9.3% |
| Financial debts | 170/4 | €336,582 | €289,615 | -€46,967 | -14.0% |
| Other amounts payable | 178/9 | - | €78,346 | +€78,346 | |
| Amounts payable within one year | 42/48 | €240,270 | €169,371 | -€70,899 | -29.5% |
| Current portion of amounts payable after more than one year | 42 | €122,048 | €46,967 | -€75,081 | -61.5% |
| Financial debts | 43 | - | €75,000 | +€75,000 | |
| Credit institutions | 430/8 | - | €75,000 | +€75,000 | |
| Trade debts | 44 | €31,888 | €21,884 | -€10,003 | -31.4% |
| Suppliers | 440/4 | €31,888 | €21,884 | -€10,003 | -31.4% |
| Advances received on contracts in progress | 46 | €8,826 | €3,635 | -€5,191 | -58.8% |
| Taxes, remuneration and social security | 45 | €6,381 | €19,951 | +€13,569 | +212.6% |
| Taxes | 450/3 | €533 | €10,562 | +€10,029 | +1881.2% |
| Remuneration and social security | 454/9 | €5,848 | €9,389 | +€3,541 | +60.5% |
| Other amounts payable | 47/48 | €71,126 | €1,934 | -€69,192 | -97.3% |
| Accrued charges and deferred income | 492/3 | €4,096 | €4,838 | +€742 | +18.1% |
| Remuneration, social security and pensions | 62 | €38,494 | €25,822 | -€12,672 | -32.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,065 | €39,953 | -€111 | -0.3% |
| Other operating charges | 640/8 | €5,375 | €1,438 | -€3,937 | -73.2% |
| Gross operating margin | 9900 | €378 | €81,241 | +€80,864 | +21396.4% |
| Operating profit (loss) | 9901 | -€83,555 | €14,029 | +€97,584 | |
| Financial income | 75/76B | €3 | €9 | +€6 | +210.7% |
| Recurring financial income | 75 | €3 | €9 | +€6 | +210.7% |
| Financial charges | 65/66B | €13,773 | €16,789 | +€3,016 | +21.9% |
| Recurring financial charges | 65 | €13,773 | €16,789 | +€3,016 | +21.9% |
| Profit (loss) for the period before taxes | 9903 | -€97,325 | -€2,751 | +€94,574 | +97.2% |
| Profit (loss) for the period | 9904 | -€97,325 | -€2,751 | +€94,574 | +97.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€97,325 | -€2,751 | +€94,574 | +97.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.