Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Shrinking team NBB
FTE fell two years in a row, from 21.7 to 16.3.
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Busy address KBO
34 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
Sparkcentral Europe from Hasselt, company number BE0568564411, closed financial year 2024 with a result of € 669,748 after tax. For that financial year Sparkcentral Europe recorded a gross margin of € 3.6 million and equity of € -721,620. Compared with financial year 2023, the result moved from € 989,863 to € 669,748. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 10, 2025.
€ -721,620
▲ € 669,748 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 669,748
▼ 32% vs 2023
Profit after tax over the fiscal year.
€ 487,257
▲ 93% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -971,620.
People and assets in 2024
16.3
▼ 0.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 2.9 million
▲ 8% vs 2023
€ 178,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 23,782
▼ 35% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 2 million
▲ 128% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 387,279
▲ 5% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 2,433,237 | € 3,922,331 | € 3,845,044 | € 3,596,903 | ▼ 6% |
| Profit after taxes | € -974,677 | € 213,574 | € 989,863 | € 669,748 | ▼ 32% |
| Equity | € -2,594,806 | € -2,381,232 | € -1,391,369 | € -721,620 | ▲ € 669,748 |
| Total debts | € 6,243,894 | € 9,500,681 | € 8,496,006 | € 9,602,512 | ▲ 13% |
| Cash | € 86,023 | € 247,314 | € 252,072 | € 487,257 | ▲ 93% |
| Retained profit | € -2,844,806 | € -2,631,232 | € -1,641,369 | € -971,620 | ▲ € 669,748 |
| Balance sheet total | € 3,649,089 | € 7,119,449 | € 7,104,637 | € 8,880,892 | ▲ 25% |
| Employees (FTE) | 19.5 | 21.7 | 16.7 | 16.3 | ▼ 0.4 |
Key figures of Sparkcentral Europe, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Sparkcentral Europe?
What happened at Sparkcentral Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Craig Segal stepped down as director. NBB
- Karim Amlani stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 669,748 (▼ 32% vs 2023). filed late Source: NBB ↗
- Karim Amlani became a director. NBB
- Craig Segal became a director. NBB
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 974,677 loss in 2021 to € 669,748 profit in 2024.
Paid € 34,188 in corporate taxes since 2021.
Best year ever: 2023, with € 989,863 profit.
On average € 220,700 of value added per employee in 2024.
A new publication or filing at Sparkcentral Europe? 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
Directors
According to the 2024 annual accounts
Craig Segal
Director
since 2021 · until 2026
Karim Amlani
Director
since 2024 · until 2026
Establishments
Establishment units
Physical locations of this company
Kempische steenweg 311 box 6.01
3500 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 34 companies are registered at this address.
All companies at this address →MIJNEN
€ 1 revenue · 2025
PENSIOENFONDS VAN HET KEMPENS STEENKOLENBEKKEN
LRM Beheer
€ 146,800 revenue · 2025
SCIA
€ 8.9 million revenue · 2025
H.W.P.
€ 83,121 revenue · 2025
+29 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
AMAZON-AES - Amazon.com, Inc., US
DNS
AWS Route 53
Domain
Domain
sparkcentral.com
Registered
2005-07-03
Registrar
Amazon Registrar, Inc.
Expires
2026-07-03
Website info
Features
Security
Network
Details
- Company number
- 0568.564.411
- VAT number
- BE 0568.564.411
- Registered office
- Kempische steenweg 311 bus 6.01, 3500 Hasselt
- Names & denominations
- Sparkcentral Europe
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 January 2015
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- sparkcentral.com
- Activities · NACE
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