IT SPHERE (0467.462.202): financials and annual accounts

IT SPHERE

Woluwe-Saint-Lambert ·KBO/BCE: BE 0467.462.202

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	494,735	471,310	482,505	449,070	420,711	384,265	354,928	319,104	343,840	356,812	363,339	361,691	357,526	353,418	341,939	326,293	354,795	218,810	166,910	97,382
Fixed assets`21/28`	65,828	89,285	113,843	70,140	82,106	99,352	117,713	142,389	165,589	190,362	213,994	237,539	261,787	284,892	266,059	209,147	224,896	25,800	34,249	4,174
Tangible fixed assets`22/27`	65,828	89,285	113,843	70,140	82,106	99,352	117,623	142,299	165,499	190,362	213,994	237,539	261,787	284,892	266,059	209,147	224,896	25,800	34,249	4,174
Land and buildings`22`	34,416	45,258	56,101	66,943	77,786	88,628	99,470	110,313	121,155	131,997	142,839	153,680	164,522	175,363	186,205	197,047	207,888	-	-	-
Plant, machinery and equipment`23`	5,974	6,826	7,679	-	-	3,459	15,219	27,249	39,279	51,309	63,338	75,368	87,398	99,428	76,871	2,425	-	-	-	-
Furniture and vehicles`24`	1,181	2,210	49,932	3,065	4,188	7,133	2,802	4,605	4,933	6,924	7,685	8,358	9,735	9,969	2,851	9,544	16,876	25,522	33,878	3,710
Other tangible fixed assets`26`	132	132	132	132	132	132	132	132	132	132	132	132	132	132	132	132	132	278	371	464
Assets under construction and advance payments`27`	24,125	34,859	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financial fixed assets`28`	-	-	-	-	-	-	90	90	90	-	-	-	-	-	-	-	-	-	-	-
Current assets`29/58`	428,907	382,024	368,661	378,930	338,605	284,913	237,215	176,715	178,251	166,450	149,346	124,152	95,739	68,526	75,880	117,146	129,898	193,010	132,660	93,209
Amounts receivable within one year`40/41`	38,579	17,144	12,589	23,844	13,680	1,728	24,977	19,150	23,684	47,785	13,517	38,541	30,297	24,244	29,369	15,123	11,325	12,575	11,706	19,263
Trade receivables`40`	28,675	14,345	11,488	22,258	12,176	-	23,115	14,280	23,516	47,617	12,567	37,591	30,121	23,958	26,352	12,856	10,890	11,805	11,478	19,111
Other amounts receivable`41`	9,904	2,799	1,101	1,586	1,504	1,728	1,862	4,870	168	168	950	950	176	286	3,017	2,267	435	770	228	151
Current investments`50/53`	-	-	-	-	-	-	-	-	-	-	100,003	24,897	24,746	24,480	23,987	71,264	41,003	140,000	-	-
Cash at bank and in hand`54/58`	390,007	364,575	355,692	354,760	324,687	281,916	211,818	157,123	154,124	118,000	35,138	60,043	38,964	18,741	21,599	29,919	76,734	37,752	119,882	73,308
Deferred charges and accrued income`490/1`	321	306	380	326	238	1,269	420	442	443	665	688	671	1,732	1,061	924	840	837	2,683	1,072	638
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	494,735	471,310	482,505	449,070	420,711	384,265	354,928	319,104	343,840	356,812	363,339	361,691	357,526	353,418	341,939	326,293	354,795	218,810	166,910	97,382
Equity`10/15`	447,445	407,840	370,905	344,420	294,197	247,108	219,170	189,358	191,716	185,039	172,201	154,877	142,473	124,720	108,501	93,605	93,820	90,450	55,047	16,013
Contributions`10/11`	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200	6,200
Capital`10`	-	-	-	-	6,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issued capital`100`	-	-	-	-	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000	20,000
Uncalled capital`101`	-	-	-	-	13,800	13,800	13,800	13,800	13,800	13,800	13,800	13,800	13,800	13,800	13,800	13,800	13,800	13,800	13,800	13,800
Reserves`13`	195,497	155,893	118,958	92,473	56,109	27,488	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	1,200
Non-distributable reserves`130/1`	2,000	2,000	2,000	2,000	2,000	2,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	1,200
Reserves not available under the articles`1311`	2,000	2,000	2,000	2,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributable reserves`133`	193,497	153,893	116,958	90,473	54,109	25,488	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) carried forward`14`	245,747	245,747	245,747	245,747	231,888	213,420	210,970	181,158	183,516	176,839	164,001	146,677	134,273	116,520	100,301	85,405	85,620	82,250	46,847	8,613
Amounts payable`17/49`	47,290	63,470	111,599	104,650	126,514	137,157	135,758	129,746	152,124	171,773	191,138	206,814	215,054	228,698	233,438	232,688	260,975	128,360	111,862	81,369
Amounts payable after more than one year`17`	10,421	15,847	21,130	8,054	19,841	31,427	42,797	53,939	65,602	76,631	85,844	96,003	105,608	114,792	123,777	131,329	141,072	6,225	10,658	-
Financial debts`170/4`	10,421	15,847	21,130	8,054	19,841	31,427	42,797	53,939	65,602	76,631	85,844	96,003	105,608	114,792	123,777	131,329	141,072	6,225	10,658	-
Amounts payable within one year`42/48`	36,869	47,622	90,470	96,596	106,673	105,730	92,961	75,807	86,522	95,142	105,196	110,688	109,294	113,734	109,417	101,163	119,700	122,125	101,190	81,369
Current portion of amounts payable after more than one year`42`	5,472	5,484	13,937	11,787	11,582	11,365	11,128	10,867	9,846	9,213	10,017	9,527	9,135	8,737	7,839	9,763	12,567	4,434	4,242	-
Trade debts`44`	1,209	1,066	1,044	1,366	1,833	3,912	2,445	1,859	2,690	689	905	5,013	3,743	2,204	27,538	5,228	1,414	1,152	3,208	2,076
Suppliers`440/4`	1,209	1,066	1,044	1,366	1,833	3,912	2,445	1,859	2,690	689	905	5,013	3,743	2,204	27,538	5,228	1,414	1,152	3,208	2,076
Taxes, remuneration and social security`45`	2,669	14,446	34,123	20,900	20,019	16,915	14,445	2,111	5,076	6,935	6,325	5,012	6,775	5,851	6,322	6,236	16,836	27,116	19,580	3,887
Taxes`450/3`	2,669	14,446	34,123	20,900	20,019	16,915	12,300	-	2,976	4,835	6,325	5,012	6,775	5,851	6,322	6,236	16,836	27,116	19,580	3,887
Remuneration and social security`454/9`	-	-	-	-	-	-	2,145	2,111	2,100	2,100	-	-	-	-	-	-	-	-	-	-
Other amounts payable`47/48`	27,518	26,626	41,365	62,543	73,238	73,538	64,943	60,970	68,910	78,305	87,949	91,136	89,641	96,942	67,718	79,936	88,883	89,424	74,160	75,406
Accrued charges and deferred income`492/3`	-	-	-	-	-	-	-	-	-	-	98	123	152	172	244	196	204	10	14	-
Income statement
Gross operating margin`9900`	83,802	79,694	64,037	90,842	80,184	64,144	76,387	30,084	43,717	48,083	55,615	49,227	57,851	54,979	54,872	26,905	59,924	61,449	61,768	28,393
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	23,457	24,558	21,625	12,874	17,246	25,924	24,676	25,175	24,863	25,131	25,507	25,053	25,693	25,341	28,558	19,603	49,190	9,132	9,201	2,838
Other operating charges`640/8`	3,506	1,274	3,571	577	736	812	983	1,430	2,864	2,119	1,751	1,729	1,793	1,947	1,789	1,761	1,255	929	1,554	964
Non-recurring operating charges`66A`	-	-	-	-	-	-	-	-	-	-	-	110	-	-	50	290	628	315	-	-
Operating profit (loss)`9901`	56,840	53,862	38,841	77,392	62,202	37,408	50,728	3,479	15,990	20,833	28,357	22,445	30,365	27,691	24,525	5,541	9,479	51,388	51,013	24,591
Financial income`75/76B`	2	3	-	-	65	18	-	-	391	173	179	36	236	286	1,505	99	1,954	1,894	215	129
Recurring financial income`75`	2	3	-	-	65	18	-	-	391	173	179	36	236	286	1,505	99	1,954	1,894	215	129
Financial charges`65/66B`	784	1,117	1,337	824	1,881	1,242	1,455	1,696	2,069	2,342	3,012	3,582	4,238	5,342	5,602	5,139	5,624	763	692	152
Recurring financial charges`65`	784	1,117	1,337	824	1,881	1,242	1,455	1,696	2,069	2,342	3,012	3,582	4,238	5,342	5,602	5,139	5,624	763	692	152
Profit (loss) for the period before taxes`9903`	56,058	52,748	37,505	76,567	60,386	36,184	49,273	1,783	14,312	18,664	25,524	18,789	26,363	22,635	20,378	211	5,181	52,203	50,536	24,568
Income taxes`67/77`	12,493	12,119	8,371	14,708	11,918	5,414	9,461	4,141	7,635	5,826	7,400	5,585	7,810	6,416	5,482	426	1,811	16,801	11,502	-
Profit (loss) for the period`9904`	43,565	40,628	29,134	61,859	48,468	30,770	39,812	-2,358	6,677	12,838	18,124	13,205	18,553	16,219	14,896	-215	3,370	35,402	39,034	24,568
Profit (loss) for the period to be appropriated`9905`	43,565	40,628	29,134	61,859	48,468	30,770	39,812	-2,358	6,677	12,838	18,124	13,205	18,553	16,219	14,896	-215	3,370	35,402	39,034	24,568
Appropriation of the result
Profit (loss) to be appropriated`9906`	289,313	286,376	274,881	293,747	261,888	241,740	220,970	181,158	183,516	176,839	164,801	147,477	135,073	116,520	100,301	85,405	85,620	82,250	47,647	9,113
Profit (loss) brought forward from the previous period`14P`	245,747	245,747	245,747	231,888	213,420	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	43,565	40,628	29,134	40,000	30,000	28,320	-	-	-	-	-	-	-	-	-	-	-	-	800	500
To the legal reserve`6920`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	800	500
To other reserves`6921`	43,565	40,628	29,134	40,000	30,000	28,320	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Profit to be distributed`694/7`	-	-	-	8,000	-	-	10,000	-	-	-	800	800	800	-	-	-	-	-	-	-
Return on contributions (dividend)`694`	-	-	-	-	-	-	10,000	-	-	-	800	800	800	-	-	-	-	-	-	-
Directors or managers`695`	-	-	-	8,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	27-08-2026	2026-00433480	PDF
31-12-2024	micro format	30-09-2025	2025-00525622	PDF
31-12-2023	micro format	31-10-2024	2024-00525106	PDF
31-12-2022	micro format	30-08-2023	2023-00435426	PDF
31-12-2021	micro format	30-08-2022	2022-20424094	PDF
31-12-2020	micro format	11-08-2021	2021-47700064	PDF
31-12-2019	micro format	31-08-2020	2020-48900569	PDF
31-12-2018	micro format	29-07-2019	2019-40900440	PDF
31-12-2017	micro format	31-07-2018	2018-42500155	PDF
31-12-2016	micro format	30-09-2017	2017-66000440	PDF
31-12-2015	full format	20-06-2016	2016-19300091	PDF
31-12-2014	full format	07-06-2015	2015-15400104	PDF
31-12-2013	full format	11-06-2014	2014-16800426	PDF
31-12-2012	full format	11-06-2013	2013-16900231	PDF
31-12-2011	full format	11-06-2012	2012-16000478	PDF
31-12-2010	full format	09-06-2011	2011-15800431	PDF
31-12-2009	full format	30-08-2010	2010-50100357	PDF
31-12-2008	full format	09-06-2009	2009-20800131	PDF
31-12-2007	full format	30-07-2008	2008-51600302	PDF
31-12-2006	full format	12-07-2007	2007-39600287	PDF
31-12-2005	full format	15-06-2006	2006-24203899	PDF
31-12-2004	full format	14-06-2005	2005-25300317	PDF
31-12-2003	full format	22-06-2004	2004-28504097	PDF
31-12-2002	full format	25-06-2003	2003-30100652	PDF
31-12-2001	full format	23-07-2002	2002-40605205	PDF
31-12-2000	full format	15-06-2001	2001-22001533	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
EBITDA	80,297	78,420	60,466	90,265	79,448	63,332	75,404	28,654	40,853	45,964	53,864	47,498	56,058	53,032	53,083	25,144	58,669	60,520	60,214	27,429
Cash flow	67,022	65,186	50,758	74,733	65,714	56,694	64,488	22,817	31,540	37,969	43,631	38,257	44,246	41,560	43,454	19,388	52,560	44,535	48,235	27,406
Investment in fixed assets (approximation)	0	0	65,328	908	-0	7,653	0	1,975	90	1,499	1,962	804	2,589	44,174	85,470	3,854	248,564	683	39,276	1,507
Change in cash	25,432	8,883	932	30,073	42,771	70,098	54,695	2,999	36,124	82,862	-24,905	21,079	20,223	-2,859	-8,320	-46,815	38,982	-82,130	46,574	-
Working capital	392,037	334,402	278,192	282,334	231,933	179,183	144,254	100,908	91,729	71,308	44,150	13,464	-13,555	-45,208	-33,537	15,983	10,199	70,884	31,471	11,840
Solvency	90.4%	86.5%	76.9%	76.7%	69.9%	64.3%	61.8%	59.3%	55.8%	51.9%	47.4%	42.8%	39.8%	35.3%	31.7%	28.7%	26.4%	41.3%	33.0%	16.4%
Current ratio	11.63	8.02	4.07	3.92	3.17	2.69	2.55	2.33	2.06	1.75	1.42	1.12	0.88	0.60	0.69	1.16	1.09	1.58	1.31	1.15
Debt to equity	0.11	0.16	0.30	0.30	0.43	0.56	0.62	0.69	0.79	0.93	1.11	1.34	1.51	1.83	2.15	2.49	2.78	1.42	2.03	5.08
ROE	9.7%	10.0%	7.9%	18.0%	16.5%	12.5%	18.2%	-1.2%	3.5%	6.9%	10.5%	8.5%	13.0%	13.0%	13.7%	-0.2%	3.6%	39.1%	70.9%	153.4%
ROA	8.8%	8.6%	6.0%	13.8%	11.5%	8.0%	11.2%	-0.7%	1.9%	3.6%	5.0%	3.7%	5.2%	4.6%	4.4%	-0.1%	0.9%	16.2%	23.4%	25.2%
Interest coverage	over 100	70.18	45.23	over 100	42.23	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	2025	2024	2023	2022	2021
Tangible fixed assets	-	-	€65,328	€908	-
Depreciation and write-downs of the year	€23,457	€24,558	€21,625	€12,874	€17,246

IT SPHERE

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency90.4%

Current ratio11.63

Return on assets8.8%

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on IT SPHERE

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