eSPHERES
ActiveeSPHERES has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €517k and a net result of €-133k. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 67% of 146 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability50▼-26
Solvency82▼-11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity tight (current ratio 1.43 against 1.63 in 2024; short-term debt: 43.2% and cash: 24% of total assets), and 43.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 58
Relative position
BE, all sectors
reference
Sector 58
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-09-2026, 35 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
35 d late
2024
39 d late
2023
65 d late
2022
45 d late
2021
1 d late
2020
4 d early
2019
7 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-133k
2024 · €56k
2018: €-776k
2019: €1.01M
2020: €-89k
2021: €23k
2022: €-63k
2023: €7k
2024: €56k
2018 → 2025
Working capital
€169k▼ 10.8%
2024 · €190k
2018: €-632k
2019: €-336k
2020: €-311k
2021: €-175k
2022: €-125k
2023: €20k
2024: €190k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€649k-€586k▼ 9.7%€593k▲ 1.2%€649k▲ 9.4%€517k▼ 20.4%
Operating result€26k-€-62k€34k€60k▲ 76.9%€-10k
Net result€23k-€-63k€7k€56k▲ 729%€-133k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €10k after €60k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €909k
Fixed assets
€347k▼ 24.4%
Current assets
€562k▲ 14.8%
Equity and liabilities €909k
Equity
€517k▼ 20.4%
Debt
€393k▲ 31.0%
The debt ratio rises from 31.6% to 43.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€104k▼
2024 · €173k
Cash flow
€-19k▼
2024 · €170k
Solvency
56.8%▼
2024 · 68.4%
Current ratio
1.43▼
2024 · 1.63
Quick ratio
1.43▼
2024 · 1.63
Debt / equity
0.76▲
2024 · 0.46
ROE
-25.7%▼
2024 · 8.6%
ROA
-14.6%▼
2024 · 5.9%
Interest coverage
28.34▼
2024 · 49.10
Debt
€393k▲
2024 · €300k
Debt ≤ 1 year
€393k▲
2024 · €300k
Income taxes
€119k▲
2024 · €174
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€949k€909k▼
Fixed assets21/28€460k€347k▼
Intangible fixed assets21€453k€340k▼
Tangible fixed assets22/27€169€1k▲
Furniture and vehicles24€169€1k▲
Financial fixed assets28€7k€7k=
Current assets29/58€489k€562k▲
Amounts receivable within one year40/41€373k€339k▼
Trade receivables40€345k€317k▼
Other amounts receivable41€27k€22k▼
Cash at bank and in hand54/58€113k€218k▲
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€949k€909k▼
Equity10/15€649k€517k▼
Contributions10/11€2.72M€2.72M=
Capital10€2.67M€2.67M=
Issued capital100€2.67M€2.67M=
Outside capital11€49k€49k=
Share premium1100/10€49k€49k=
Reserves13€15k€15k=
Tax-exempt reserves132€15k€15k=
Profit (loss) carried forward14€-2.08M€-2.22M▼
Amounts payable17/49€300k€393k▲
Amounts payable within one year42/48€300k€393k▲
Trade debts44€274k€247k▼
Suppliers440/4€274k€247k▼
Taxes, remuneration and social security45€2k€121k▲
Taxes450/3€203€119k▲
Remuneration and social security454/9€1k€1k=
Other amounts payable47/48€24k€24k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€113k€114k▲
Other operating charges640/8€29-
Gross operating margin9900€173k€104k▼
Operating profit (loss)9901€60k€-10k▼
Financial income75/76B€44€4▼
Recurring financial income75€44€4▼
Non-recurring financial income76B€44€4▼
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Non-recurring financial charges66B€10€92▲
Profit (loss) for the period before taxes9903€56k€-13k▼
Income taxes67/77€174€119k▲
Profit (loss) for the period9904€56k€-133k▼
Profit (loss) for the period to be appropriated9905€56k€-133k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2.08M€-2.22M▼
Profit (loss) brought forward from the previous period14P€-2.14M€-2.08M▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 35 days late
2025
08-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 39 days late
2024
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 65 days late
2023
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
14-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 45 days late
2022
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 1 day late
2021
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €1.01M
Net result €1.01M after one loss-making year.
31-12
Financial
Equity above €500kEq €715k
Equity rises from €-299k to €715k.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Etterbeek · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Witte Patersstraat 41040 EtterbeekGround area
3,170 m²
Building footprint
2,221 m²
Volume, LiDAR
21,757 m³
Parcel 21363B0348/00A002, Brussels · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
eSPHERES
since 20122.205.282.528
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21363B0348/00A002 | Brussels | 3,170 m² | 1 · 2,221 m² | 12.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
PRONETIC SOFTWARE SERVICES
BE 0877.377.767
Mechelen · Eq €510k
MICRO COMPUTERS PERIPHERALS AND SYSTEMS SA
BE 0424.167.736
Aywaille · Eq €523k
Practisoft
BE 0684.843.556
Tielt · Eq €510k
THREE AND A HALF ROSES
BE 0847.069.722
Rumst · Eq €506k
UPTIME UNLIMITED
BE 0886.285.040
Antwerpen · Eq €497k
Of 1,284 companies in sector 58290 we hold annual accounts for 593. 391 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded16-12-2011
Fiscal year end31-12
Activities, NACEBEL
58290Other software publishing
62010Computer programming, consultancy and related activities
62020IT consultancy
62030Computer programming, consultancy and related activities
62100Computer programming
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.espheres.com
E-mail:frederic.tribel@espheres.com