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Sparki

Active
Private limited companyfounded 2022active for 4 yearsKortrijksesteenweg 387, 8530 Harelbeke, Belgium13 active companies are registered at this addressKBO/BCE: BE 0781.569.085
Summary

The computed 12-month bankruptcy probability of Sparki is 2.0% (moderate). The 2025 annual accounts show equity of €26.7m and a net result of €591,259. Equity is growing by about 99% per year across the filed financial years. Its solvency ranks better than 71% of 590 sector peers (NACE 33, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Installation of industrial machinery and equipment
NACE 33200Other construction installation NACE 43240
Largest company by total assets in West Flanders, Repair and installation of machinery sector1 site
Size
€48.2mtotal assets 2025
Staff
8.6 FTE
Equity
€26.7m
Profit
€591,259
Turnover not published (abbreviated or micro format)
Financial health
55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.0%
Structure
Parent
SPARKI · 66.14%
Board
10 members
Auditor: Innegraeve, PeterAccounts 29 days early
Why 55raises risk2 changes of registered office in 24 monthsFounded in 2022lowers riskSize: 8.6 FTE, total assets €48.2mFigures for financial year 2025 (filed 02-07-2026)Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 58% of its sector peers (NACE 33, micro)
Financial strength · tick = 2024
Average
Solvency 80+80
equity 55.5% of total assets
Liquidity 62-16
short-term debt 9.5% · cash 9.4%
Profitability 20+20
return on assets 1.2%
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (2,383 companies, NACE 33, micro)
Last 24 months 11-2024: 0.7%lowest value 12-2024: 0.8%▲ +0.1 percentage points vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 1.1%▲ +0.3 percentage points vs 01-2025 03-2025: 1.2%▲ +0.1 percentage points vs 02-2025 04-2025: 1.8%▲ +0.6 percentage points vs 03-2025 05-2025: 1.1%▼ -0.7 percentage points vs 04-2025 06-2025: 1.8%▲ +0.7 percentage points vs 05-2025 07-2025: 1.8%● unchanged vs 06-2025 08-2025: 1.8%● unchanged vs 07-2025 09-2025: 1.8%● unchanged vs 08-2025 10-2025: 1.6%▼ -0.2 percentage points vs 09-2025 11-2025: 1.6%● unchanged vs 10-2025 12-2025: 1.6%● unchanged vs 11-2025 01-2026: 1.6%● unchanged vs 12-2025 02-2026: 1.6%● unchanged vs 01-2026 03-2026: 1.6%● unchanged vs 02-2026 04-2026: 4.0%▲ +2.4 percentage points vs 03-2026 05-2026: 4.0%● unchanged vs 04-2026 06-2026: 4.3%▲ +0.3 percentage points vs 05-2026 07-2026: 4.5%▲ +0.2 percentage points vs 06-2026highest value 08-2026: 2.0%▼ -2.5 percentage points vs 07-2026 09-2026: 2.0%● unchanged vs 08-2026 10-2026: 2.0%● unchanged vs 09-2026
Credit of up to €1,450,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.87, compared with 10.54 in 2024, above the usual 1.5; short-term debt: 9.5% and cash: 9.4% of total assets), and 44.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 33, micro): better than 63% on solvency, 60% on liquidity, 13% on profitability and 97% on growth.

The bankruptcy probability was computed on 18-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · 2 changes of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: 8.6 FTE, total assets €48.2m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Founded in 2022
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 02-07-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
29 days early
2024
98 days early
2023
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 42 days before the deadline; the sector median (NACE 33) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
19-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Registered officeRegistered-office move
  3. Capital & shares · Amendment of…Capital increase · Capital ·…

Key points

  • Positive: Back in profit in 2025after -€12.6m in 2024 €591,259 View
  • Positive: Largest company by total assets in West Flanders, Repair and installation of…in the Checked rankings No. 1 View
  • Controlled by SPARKI 66.14% View
  • Flemish supportawarded from 2022 to 2025 €4.5m View
  • A director leftlatest change 06-01-2026 · 10 in office 1 left View

By topic

Financials

Financial year
2025
Total assets
€48.2m
Profit
€591,259
Solvency
55.5%
Total assets▲ 8.9%
Net result
20232025
Go to Financials

Board & ownership

Board
10 members
Parent
SPARKI · 66.14%
Auditor
Innegraeve, Peter
  • De Meester, Laurent Leopold MartinDirector
  • Vandersanden, Gorik Karel JohanDirector
  • Vautmans, Filip Denis JozefDirector
  • Leon CappaertDirector
  • LUDEMDirector

and 5 other directors

Go to Board & ownership

Timeline

Events
20
Since
2022
Next accounts
by 31-07-2027
  1. 06-01-2026Resignation: Gorik Vandersanden (day-to-day manager)
  2. 31-12-2025Back to profit
  3. 31-12-2025Equity above €25m
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Installation of industrial machinery and equipmentNACE 33200
Founded
03-02-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
5
Annual meeting
Second Thursday of April at 18:00
Purpose
“De vennootschap heeft tot voorwerp, zowel in België als in het buitenland, voor eigen…” (deed in Dutch)
Go to Articles of association

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