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 2 of the last 2 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 20 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
SPARROW GROUP from Brussel, company number BE1009749115, closed financial year 2025 with a result of € 1,936 after tax. For that financial year SPARROW GROUP recorded a gross margin of € 34,874 and equity of € -627. Compared with financial year 2024, the result moved from € -12,562 to € 1,936. Profitable, and profit is growing. 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 14, 2026.
€ -627
▲ € 1,936 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,936
▲ still € 12,562 loss in 2024
Profit after tax over the fiscal year.
€ 26,314
▲ € 22,803 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 € -10,627.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 29,931
▲ € 24,912 vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 144,315
▲ € 144,190 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,093
▲ 122% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € -7,421 | € 34,874 | ▲ € 42,295 |
| Profit after taxes | € -12,562 | € 1,936 | ▲ € 14,498 |
| Equity | € -2,562 | € -627 | ▲ € 1,936 |
| Total debts | € 9,374 | € 171,819 | ▲ € 162,446 |
| Cash | € 3,511 | € 26,314 | ▲ € 22,803 |
| Retained profit | € -12,562 | € -10,627 | ▲ € 1,936 |
| Balance sheet total | € 6,811 | € 171,193 | ▲ € 164,381 |
Key figures of SPARROW GROUP, 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 SPARROW GROUP?
What happened at SPARROW GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,936. filed late Source: NBB ↗
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
- ADEL AL ASFOUR became a director. NBB
In short
From € 12,562 loss in 2024 to € 1,936 profit in 2025.
Best year ever: 2025, with € 1,936 profit.
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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 SPARROW GROUP is ADEL AL ASFOUR.
Directors
According to the 2025 annual accounts
ADEL AL ASFOUR
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Antoine Dansaertstraat 164
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 1009.749.115
- VAT number
- BE 1009.749.115
- Registered office
- Antoine Dansaertstraat 164, 1000 Brussel
- Names & denominations
- SPARROW GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 May 2024
- Peppol
- Active · Active since 3 Jan 2026
- Activities · NACE
Groothandel in kleding, met uitzondering van werk- en onderkleding
Groothandel in onderkleding
Detailhandel in tweedehandskleding
Activiteiten van verpakkingsbedrijven