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 1 of the last 2 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Initial Spark from Arendonk, company number BE1009008153, closed financial year 2025 with a result of € -2,856 after tax. For that financial year Initial Spark recorded a gross margin of € -1,462 and equity of € -647. Compared with financial year 2024, the result moved from € -291 to € -2,856. The company made a loss. 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 July 10, 2026.
€ -647
▼ € 2,856 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,856
▼ 881 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,317
▼ 20% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3,147.
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.
€ 30
▼ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -339 | € -1,462 | ▼ € 1,123 |
| Profit after taxes | € -291 | € -2,856 | ▼ € 2,565 |
| Equity | € 2,209 | € -647 | ▼ € 2,856 |
| Total debts | € 7,572 | € 7,382 | ▼ 3% |
| Cash | € 1,642 | € 1,317 | ▼ 20% |
| Retained profit | € -291 | € -3,147 | ▼ € 2,856 |
| Balance sheet total | € 9,781 | € 6,735 | ▼ 31% |
Key figures of Initial Spark, fiscal years 2024 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 Initial Spark?
What happened at Initial Spark in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 2,856. Source: NBB ↗
- New establishment in Arendonk. KBO
- Start of the company according to the CBE. KBO
In short
From € 291 loss in 2024 to € 2,856 loss in 2025.
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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 Initial Spark is Thomas Corremans.
Directors
According to the 2025 annual accounts
Thomas Corremans
Director
Establishments
Establishment units
Physical locations of this company
Heilaar 15
2370 Arendonk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1009.008.153
- VAT number
- BE 1009.008.153
- Registered office
- Heilaar 15, 2370 Arendonk
- Names & denominations
- Initial Spark
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 May 2024
- Peppol
- Active · Active since 1 Jan 2025
- Activities · NACE
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