Sparteq: 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.
Sparteq
Largest movements
- Receivables within one year -€7,530
down €7,530 (-55.4%), from €13,580 to €6,050
- Cash +€2,645
up €2,645 (+3039.4%), from €87 to €2,732
mainly Other debts (+€13,374) and Receivables within one year (+€7,530)
- Tangible fixed assets +€900
new in 2025: €900
- Deferred charges and accrued income -€552
down €552 (-72.8%), from €758 to €206
- Financial fixed assets +€242
new in 2025: €242
- Other debts +€13,374
up €13,374 (+187.0%), from €7,151 to €20,526
- Profit (loss) carried forward -€13,059
down €13,059 (-213.5%), from -€6,117 to -€19,175
- Trade debts -€3,079
down €3,079 (-31.5%), from €9,781 to €6,702
- Tax, wage and social debts -€1,793
down €1,793 (-68.7%), from €2,609 to €815
- Accrued charges and deferred income +€262
new in 2025: €262
- Gross operating margin -€4,047
down €4,047 (-78.4%), from -€5,159 to -€9,206
- Other operating charges +€1,786
up €1,786 (+1190.8%), from €150 to €1,936
- Financial charges +€638
up €638 (+86.9%), from €734 to €1,372
- Depreciation +€380
new in 2025: €380
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 | €14,424 | €10,130 | -€4,294 | -29.8% |
| Fixed assets | 21/28 | - | €1,142 | +€1,142 | |
| Tangible fixed assets | 22/27 | - | €900 | +€900 | |
| Furniture and vehicles | 24 | - | €900 | +€900 | |
| Financial fixed assets | 28 | - | €242 | +€242 | |
| Current assets | 29/58 | €14,424 | €8,988 | -€5,436 | -37.7% |
| Amounts receivable within one year | 40/41 | €13,580 | €6,050 | -€7,530 | -55.4% |
| Trade receivables | 40 | €13,580 | €6,050 | -€7,530 | -55.4% |
| Cash at bank and in hand | 54/58 | €87 | €2,732 | +€2,645 | +3039.4% |
| Deferred charges and accrued income | 490/1 | €758 | €206 | -€552 | -72.8% |
| Total equity and liabilities | 10/49 | €14,424 | €10,130 | -€4,294 | -29.8% |
| Equity | 10/15 | -€5,117 | -€18,175 | -€13,059 | -255.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,117 | -€19,175 | -€13,059 | -213.5% |
| Amounts payable | 17/49 | €19,541 | €28,305 | +€8,764 | +44.9% |
| Amounts payable within one year | 42/48 | €19,541 | €28,043 | +€8,502 | +43.5% |
| Trade debts | 44 | €9,781 | €6,702 | -€3,079 | -31.5% |
| Suppliers | 440/4 | €9,781 | €6,702 | -€3,079 | -31.5% |
| Taxes, remuneration and social security | 45 | €2,609 | €815 | -€1,793 | -68.7% |
| Taxes | 450/3 | €2,609 | €815 | -€1,793 | -68.7% |
| Other amounts payable | 47/48 | €7,151 | €20,526 | +€13,374 | +187.0% |
| Accrued charges and deferred income | 492/3 | - | €262 | +€262 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €380 | +€380 | |
| Other operating charges | 640/8 | €150 | €1,936 | +€1,786 | +1190.8% |
| Gross operating margin | 9900 | -€5,159 | -€9,206 | -€4,047 | -78.4% |
| Operating profit (loss) | 9901 | -€5,309 | -€11,522 | -€6,213 | -117.0% |
| Financial charges | 65/66B | €734 | €1,372 | +€638 | +86.9% |
| Recurring financial charges | 65 | €734 | €1,372 | +€638 | +86.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,043 | -€12,894 | -€6,851 | -113.4% |
| Income taxes | 67/77 | €74 | €165 | +€91 | +123.3% |
| Profit (loss) for the period | 9904 | -€6,117 | -€13,059 | -€6,942 | -113.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,117 | -€13,059 | -€6,942 | -113.5% |
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 7 October 2026 via checked.be.