SPARX-GROUP: 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.
SPARX-GROUP
Largest movements
- Receivables within one year +€41,143
up €41,143 (+2,970%), from €1,385 to €42,529
of which Other amounts receivable: +€30,049
- Tangible fixed assets -€2,610
down €2,610 (-48.1%), from €5,429 to €2,820
of which Plant, machinery and equipment: -€2,208
- Tax, wage and social debts +€19,180
up €19,180 (+326%), from €5,888 to €25,068
- Profit (loss) carried forward +€18,050
up €18,050, from -€14,503 to €3,547
- Short-term financial debts +€1,437
new in 2025: €1,437
- Gross operating margin -€20,934
down €20,934 (-39.1%), from €53,607 to €32,673
- Taxes +€9,371
up €9,371 (+687%), from €1,364 to €10,735
- Other operating charges -€2,701
down €2,701 (-64.6%), from €4,180 to €1,479
- Financial charges -€766
down €766 (-89.0%), from €860 to €94
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 | €11,385 | €50,051 | +€38,666 | +340% |
| Fixed assets | 21/28 | €5,429 | €2,820 | -€2,610 | -48.1% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €5,429 | €2,820 | -€2,610 | -48.1% |
| Plant, machinery and equipment | 23 | €4,742 | €2,534 | -€2,208 | -46.6% |
| Furniture and vehicles | 24 | €687 | €286 | -€401 | -58.4% |
| Current assets | 29/58 | €5,956 | €47,231 | +€41,276 | +693% |
| Amounts receivable within one year | 40/41 | €1,385 | €42,529 | +€41,143 | +2,970% |
| Trade receivables | 40 | €0 | €11,094 | +€11,094 | |
| Other amounts receivable | 41 | €1,385 | €31,434 | +€30,049 | +2,169% |
| Cash at bank and in hand | 54/58 | €4,570 | €4,703 | +€132 | +2.9% |
| Total equity and liabilities | 10/49 | €11,385 | €50,051 | +€38,666 | +340% |
| Equity | 10/15 | €5,497 | €23,547 | +€18,050 | +328% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,503 | €3,547 | +€18,050 | |
| Amounts payable | 17/49 | €5,888 | €26,505 | +€20,616 | +350% |
| Amounts payable within one year | 42/48 | €5,888 | €26,505 | +€20,616 | +350% |
| Financial debts | 43 | - | €1,437 | +€1,437 | |
| Credit institutions | 430/8 | - | €1,437 | +€1,437 | |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €5,888 | €25,068 | +€19,180 | +326% |
| Taxes | 450/3 | €5,888 | €25,068 | +€19,180 | +326% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €45,251 | €0 | -€45,251 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,935 | €2,610 | -€325 | -11.1% |
| Other operating charges | 640/8 | €4,180 | €1,479 | -€2,701 | -64.6% |
| Non-recurring operating charges | 66A | €6,925 | €0 | -€6,925 | -100% |
| Gross operating margin | 9900 | €53,607 | €32,673 | -€20,934 | -39.1% |
| Operating profit (loss) | 9901 | €39,566 | €28,584 | -€10,982 | -27.8% |
| Financial income | 75/76B | €18 | €295 | +€277 | +1,509% |
| Recurring financial income | 75 | €18 | €295 | +€277 | +1,509% |
| Financial charges | 65/66B | €860 | €94 | -€766 | -89.0% |
| Recurring financial charges | 65 | €860 | €94 | -€766 | -89.0% |
| Profit (loss) for the period before taxes | 9903 | €38,725 | €28,785 | -€9,940 | -25.7% |
| Income taxes | 67/77 | €1,364 | €10,735 | +€9,371 | +687% |
| Profit (loss) for the period | 9904 | €37,360 | €18,050 | -€19,311 | -51.7% |
| Profit (loss) for the period to be appropriated | 9905 | €37,360 | €18,050 | -€19,311 | -51.7% |
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 13 October 2026 via checked.be.