Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
THE SPARROW from Braine-le-Château, company number BE0432566649, closed financial year 2025 with a result of € 11,025 after tax. For that financial year THE SPARROW recorded a gross margin of € 6,398 and equity of € 189,975. Compared with financial year 2024, the result moved from € 23,914 to € 11,025. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 189,975
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,025
▼ 54% vs 2024
Profit after tax over the fiscal year.
€ 23,239
▼ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 4,000 paid out
36 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,589
▲ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,834
▼ 49% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 31,669 | € 31,385 | € 13,066 | € 6,398 | ▼ 51% |
| Profit after taxes | € 31,264 | € 41,483 | € 23,914 | € 11,025 | ▼ 54% |
| Equity | € 120,553 | € 162,036 | € 182,950 | € 189,975 | ▲ 4% |
| Total debts | € 98,613 | € 99,207 | € 77,702 | € 72,774 | ▼ 6% |
| Cash | € 29,305 | € 22,985 | € 26,626 | € 23,239 | ▼ 13% |
| Retained profit | € 90,553 | € 132,036 | € 152,950 | € 159,975 | ▲ 5% |
| Dividend | € 23,000 | € 0 | € 3,000 | € 4,000 | ▲ 33% |
| Balance sheet total | € 219,166 | € 261,243 | € 260,653 | € 262,749 | ▲ 1% |
Key figures of THE SPARROW, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to THE SPARROW?
What happened at THE SPARROW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 11,025 (▼ 54% vs 2024). filed late Source: NBB ↗
- Olivier MUSSCHE became a director. NBB
- New establishment in Zaventem. KBO
- New establishment in Nivelles. KBO
- Start of the company according to the CBE. KBO
In short
From € 31,264 profit in 2022 to € 11,025 profit in 2025.
Paid € 26,319 in corporate taxes since 2022.
Best year ever: 2023, with € 41,483 profit.
Paid out € 30,000 in dividends to the owners in total.
A new publication or filing at THE SPARROW? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind THE SPARROW is Olivier MUSSCHE. It owns 50% of Techifeutre SRL itself.
Directors
According to the 2025 annual accounts
Olivier MUSSCHE
Director
Also active at: IMMOBILIERE DE MEUX, POUVOIR ORGANISATEUR DE L'ECOLE LES MARRONNIERS
since 2023
Establishments
Establishment units
Physical locations of this company
Rue des Frères Herpain(W-B) 36
1440 Braine-le-Château
Stationsstraat 121
1930 Zaventem
Active since 14 March 1989
Rue de Namur 23
1400 Nivelles
Active since 13 January 1988
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0432.566.649
- VAT number
- BE 0432.566.649
- Registered office
- Rue des Frères Herpain(W-B) 36, 1440 Braine-le-Château
- Names & denominations
- THE SPARROW
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 November 1987
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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