ACTIVE

SPARK ALPHA

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
114,1 k €
+59.6% YoY
Gross margin
156,6 k €
+58.9% YoY
Equity
505,4 k €
+29.2% YoY

What does SPARK ALPHA do?

SPARK ALPHA is a Private limited company incorporated in 2020. Its main activity is: Management consultancy activities. Its registered office is in Bruxelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0760.487.621
Incorporation
23/12/2020
Legal form
Private limited company
Registered office
Rue de l'Association 49
1000 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin156,6 k €98,6 k €167,5 k €146,4 k €143,2 k €
EBITDA156,2 k €98,2 k €167,2 k €146,4 k €143,2 k €
Operating result153,2 k €95,3 k €163,5 k €143,6 k €141,9 k €
Net result114,1 k €71,5 k €115,9 k €102,2 k €101,5 k €
Balance sheet
Equity505,4 k €391,2 k €319,7 k €203,8 k €101,5 k €
Total assets526 k €399,5 k €426 k €295,1 k €150,6 k €
Cash367,2 k €100,4 k €387,7 k €259 k €110,5 k €
Debts20,6 k €8,3 k €106,3 k €91,3 k €49,1 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active

Active mandates

David Msika

Director · since 22 décembre 2020

Active
Annual accounts

Full financial information

20252024202320222021
Type of accountMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202223/12/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months13 months
Filing date31/08/202608/10/202530/09/202431/10/202326/08/2022
General meeting28/08/202626/09/202523/09/202408/05/202309/05/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202528/08/202631/08/2026FrenchPDF
Micro model31/12/202426/09/202508/10/2025FrenchPDF
Micro model31/12/202323/09/202430/09/2024FrenchPDF
Micro model31/12/202208/05/202331/10/2023FrenchPDF
Micro model31/12/202109/05/202226/08/2022FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active

Active mandates

David Msika

Director · since 22 décembre 2020

Active
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Other28/12/2020
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025114,1 k €↑
  2. 2024
    Annual accounts 202471,5 k €↓
  3. 2023
    Annual accounts 2023115,9 k €↑
  4. 2022
    Annual accounts 2022102,2 k €↑
  5. 2021
    Annual accounts 2021101,5 k €
  6. 23/12/2020
    IncorporationPrivate limited company