Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 54 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
SPARKI RENEWABLES from Harelbeke, company number BE0680547149, closed financial year 2025 with a result of € 144,222 after tax. For that financial year SPARKI RENEWABLES recorded revenue of € 45.4 million and equity of € 2.4 million. Compared with financial year 2024, the result moved from € -2.9 million to € 144,222. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 2.4 million
▲ 6% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 144,222
▲ still € 2.9 million loss in 2024
Profit after tax over the fiscal year.
€ 1.1 million
▼ 48% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 2.1 million.
People and assets in 2025
57.4
▼ 0.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.3 million
▼ 3% vs 2024
€ 74,700 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.
€ 51,840
▼ 45% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 20 million
▲ 20% vs 2024
€ 304,523 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 7.5 million
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 65 days on average.
€ 646,605
▼ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 50,599,781 | € 34,012,390 | € 45,406,030 | ▲ 33% |
| Gross margin | € 1,269,434 | - | - | - | |
| Profit after taxes | € 345,562 | € 4,046,233 | € -2,883,834 | € 144,222 | ▲ € 3 million |
| Equity | € 1,141,406 | € 5,187,640 | € 2,303,806 | € 2,448,028 | ▲ 6% |
| Total debts | € 18,514,445 | € 17,550,703 | € 35,151,117 | € 36,647,361 | ▲ 4% |
| Cash | € 770,632 | € 78,294 | € 2,041,886 | € 1,053,413 | ▼ 48% |
| Retained profit | € 766,406 | € 4,812,640 | € 1,928,806 | € 2,073,028 | ▲ 7% |
| Bank debt | € 1,450,000 | € 3,500,000 | € 16,684,006 | € 19,975,995 | ▲ 20% |
| Balance sheet total | € 19,655,851 | € 22,738,343 | € 37,454,923 | € 39,160,389 | ▲ 5% |
| Employees (FTE) | 7.6 | 22 | 58.1 | 57.4 | ▼ 0.7 |
Key figures of SPARKI RENEWABLES, 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 SPARKI RENEWABLES?
What happened at SPARKI RENEWABLES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 144,222. Source: NBB ↗
- New establishment in Lille. KBO
- New establishment in Harelbeke. KBO
- Ludem BV became a director. NBB
- Marima BV became a director. NBB
- New establishment in Harelbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 345,562 profit in 2022 to € 144,222 profit in 2025.
Paid € 1.6 million in corporate taxes since 2022.
Best year ever: 2023, with € 4 million profit.
On average € 167,000 of value added per employee in 2022.
Management
The stake of SPARKI comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
SPARKI RENEWABLESBehind SPARKI RENEWABLES are Ludem BV and Marima BV. The shares are held by SPARKI (100%).
Directors
According to the 2025 annual accounts
Director · represented by Luc Demeyere
Also active at: ENBRO, CLEVER SOLUTIONS, SITHO, YOLK, EARTH FINANCE, EARTH FINANCE BUSINESS, SUNFIN, FIBONAKI +5 more
since 2023
Director · represented by Stijn Rigolle
Also active at: ENBRO, CLEVER SOLUTIONS, SITHO, YOLK, EARTH FINANCE, EARTH FINANCE BUSINESS, SUNFIN, FIBONAKI +5 more
since 2023
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 387
8530 Harelbeke
Spoorwegstraat 6
8530 Harelbeke
Active since 1 January 2023
Achterstenhoek 3
2275 Lille
Active since 1 April 2024
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →ENBRO same network
€ 2.6 million revenue · 2025
CLEVER SOLUTIONS same network
€ 1.8 million gross margin · 2025
SITHO same network
€ 68,726 gross margin · 2025
YOLK same network
€ 529,353 gross margin · 2025
EARTH FINANCE same network
€ 505,852 gross margin · 2025
+7 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0680.547.149
- VAT number
- BE 0680.547.149
- Registered office
- Kortrijksesteenweg 387, 8530 Harelbeke
- Names & denominations
- SPARKI RENEWABLES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 August 2017
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Groothandel in elektrisch materiaal, inclusief installatiemateriaal
Algemene elektrotechnische installatiewerken
Vervaardiging van machines en apparaten voor klimaatregeling, voor niet-huishoudelijk gebruik
Sanitaire werkzaamheden
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit