ENDOSPHERE: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ENDOSPHERE
Largest movements
- Cash -€134,337
down €134,337 (-53.0%), from €253,592 to €119,255
mainly Other debts (-€139,461) and Contributions, distributions and other (-€131,932)
- Tangible fixed assets -€12,226
down €12,226 (-20.7%), from €59,191 to €46,964
of which Furniture and vehicles: -€11,960
- Receivables within one year -€4,239
down €4,239 (-38.2%), from €11,097 to €6,858
- Other debts -€139,461
down €139,461 (-97.1%), from €143,553 to €4,092
- Tax, wage and social debts -€5,092
down €5,092 (-18.2%), from €28,039 to €22,947
of which Taxes: -€5,110
- Gross operating margin -€45,449
down €45,449 (-20.0%), from €226,715 to €181,266
- Taxes -€11,289
down €11,289 (-22.8%), from €49,431 to €38,142
- Depreciation +€9,436
up €9,436 (+272.7%), from €3,460 to €12,895
- Other operating charges -€6,178
down €6,178 (-86.8%), from €7,116 to €939
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €333,372 | €183,780 | -€149,592 | -44.9% |
| Fixed assets | 21/28 | €59,191 | €46,964 | -€12,226 | -20.7% |
| Tangible fixed assets | 22/27 | €59,191 | €46,964 | -€12,226 | -20.7% |
| Plant, machinery and equipment | 23 | €668 | €402 | -€267 | -39.9% |
| Furniture and vehicles | 24 | €58,523 | €46,563 | -€11,960 | -20.4% |
| Current assets | 29/58 | €274,182 | €136,815 | -€137,366 | -50.1% |
| Amounts receivable within one year | 40/41 | €11,097 | €6,858 | -€4,239 | -38.2% |
| Other amounts receivable | 41 | €11,097 | €6,858 | -€4,239 | -38.2% |
| Cash at bank and in hand | 54/58 | €253,592 | €119,255 | -€134,337 | -53.0% |
| Deferred charges and accrued income | 490/1 | €9,492 | €10,702 | +€1,210 | +12.7% |
| Total equity and liabilities | 10/49 | €333,372 | €183,780 | -€149,592 | -44.9% |
| Equity | 10/15 | €159,447 | €156,721 | -€2,727 | -1.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €153,000 | €153,000 | = | 0.0% |
| Distributable reserves | 133 | €153,000 | €153,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,447 | -€1,279 | -€2,727 | |
| Amounts payable | 17/49 | €173,925 | €27,059 | -€146,866 | -84.4% |
| Amounts payable within one year | 42/48 | €172,813 | €27,059 | -€145,754 | -84.3% |
| Trade debts | 44 | €1,221 | €20 | -€1,201 | -98.3% |
| Suppliers | 440/4 | €1,221 | €20 | -€1,201 | -98.3% |
| Taxes, remuneration and social security | 45 | €28,039 | €22,947 | -€5,092 | -18.2% |
| Taxes | 450/3 | €24,900 | €19,790 | -€5,110 | -20.5% |
| Remuneration and social security | 454/9 | €3,139 | €3,157 | +€18 | +0.6% |
| Other amounts payable | 47/48 | €143,553 | €4,092 | -€139,461 | -97.1% |
| Accrued charges and deferred income | 492/3 | €1,112 | - | -€1,112 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,460 | €12,895 | +€9,436 | +272.7% |
| Other operating charges | 640/8 | €7,116 | €939 | -€6,178 | -86.8% |
| Gross operating margin | 9900 | €226,715 | €181,266 | -€45,449 | -20.0% |
| Operating profit (loss) | 9901 | €216,139 | €167,432 | -€48,707 | -22.5% |
| Financial charges | 65/66B | €157 | €85 | -€72 | -45.9% |
| Recurring financial charges | 65 | €157 | €85 | -€72 | -45.9% |
| Profit (loss) for the period before taxes | 9903 | €215,982 | €167,347 | -€48,635 | -22.5% |
| Income taxes | 67/77 | €49,431 | €38,142 | -€11,289 | -22.8% |
| Profit (loss) for the period | 9904 | €166,551 | €129,205 | -€37,346 | -22.4% |
| Profit (loss) for the period to be appropriated | 9905 | €166,551 | €129,205 | -€37,346 | -22.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.