eSPHERES: what changed
Two fiscal 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.
eSPHERES
Largest movements
- Intangible fixed assets -€113,254
down €113,254 (-25.0%), from €453,017 to €339,763
- Cash +€105,475
up €105,475 (+93.7%), from €112,625 to €218,101
mainly Tax, wage and social debts (+€119,265) and Depreciation (+€113,565)
- Receivables within one year -€34,103
down €34,103 (-9.1%), from €372,739 to €338,636
of which Trade receivables: -€28,792
- Profit (loss) carried forward -€132,738
down €132,738 (-6.4%), from -€2.1m to -€2.2m
- Tax, wage and social debts +€119,265
up €119,265 (+7273.8%), from €1,640 to €120,905
of which Taxes: +€119,265
- Trade debts -€27,120
down €27,120 (-9.9%), from €274,355 to €247,234
- Taxes +€119,119
up €119,119 (+68302.1%), from €174 to €119,293
- Gross operating margin -€69,346
down €69,346 (-40.0%), from €173,221 to €103,875
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 | €948,952 | €909,091 | -€39,861 | -4.2% |
| Fixed assets | 21/28 | €459,727 | €347,447 | -€112,280 | -24.4% |
| Intangible fixed assets | 21 | €453,017 | €339,763 | -€113,254 | -25.0% |
| Tangible fixed assets | 22/27 | €169 | €1,143 | +€974 | +576.3% |
| Furniture and vehicles | 24 | €169 | €1,143 | +€974 | +576.3% |
| Financial fixed assets | 28 | €6,541 | €6,541 | = | 0.0% |
| Current assets | 29/58 | €489,224 | €561,644 | +€72,419 | +14.8% |
| Amounts receivable within one year | 40/41 | €372,739 | €338,636 | -€34,103 | -9.1% |
| Trade receivables | 40 | €345,419 | €316,627 | -€28,792 | -8.3% |
| Other amounts receivable | 41 | €27,320 | €22,009 | -€5,310 | -19.4% |
| Cash at bank and in hand | 54/58 | €112,625 | €218,101 | +€105,475 | +93.7% |
| Deferred charges and accrued income | 490/1 | €3,860 | €4,907 | +€1,047 | +27.1% |
| Total equity and liabilities | 10/49 | €948,952 | €909,091 | -€39,861 | -4.2% |
| Equity | 10/15 | €649,244 | €516,506 | -€132,738 | -20.4% |
| Contributions | 10/11 | €2,719,236 | €2,719,236 | = | 0.0% |
| Capital | 10 | €2,670,660 | €2,670,660 | = | 0.0% |
| Issued capital | 100 | €2,670,660 | €2,670,660 | = | 0.0% |
| Outside capital | 11 | €48,576 | €48,576 | = | 0.0% |
| Share premium | 1100/10 | €48,576 | €48,576 | = | 0.0% |
| Reserves | 13 | €15,000 | €15,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,084,992 | -€2,217,730 | -€132,738 | -6.4% |
| Amounts payable | 17/49 | €299,708 | €392,585 | +€92,877 | +31.0% |
| Amounts payable within one year | 42/48 | €299,708 | €392,585 | +€92,877 | +31.0% |
| Trade debts | 44 | €274,355 | €247,234 | -€27,120 | -9.9% |
| Suppliers | 440/4 | €274,355 | €247,234 | -€27,120 | -9.9% |
| Taxes, remuneration and social security | 45 | €1,640 | €120,905 | +€119,265 | +7273.8% |
| Taxes | 450/3 | €203 | €119,468 | +€119,265 | +58817.8% |
| Remuneration and social security | 454/9 | €1,437 | €1,437 | = | 0.0% |
| Other amounts payable | 47/48 | €23,713 | €24,446 | +€733 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113,473 | €113,565 | +€92 | +0.1% |
| Other operating charges | 640/8 | €29 | - | -€29 | |
| Gross operating margin | 9900 | €173,221 | €103,875 | -€69,346 | -40.0% |
| Operating profit (loss) | 9901 | €59,719 | -€9,690 | -€69,409 | |
| Financial income | 75/76B | €44 | €4 | -€40 | -92.0% |
| Recurring financial income | 75 | €44 | €4 | -€40 | -92.0% |
| Non-recurring financial income | 76B | €44 | €4 | -€40 | -92.0% |
| Financial charges | 65/66B | €3,538 | €3,758 | +€220 | +6.2% |
| Recurring financial charges | 65 | €3,527 | €3,666 | +€138 | +3.9% |
| Non-recurring financial charges | 66B | €10 | €92 | +€82 | +796.9% |
| Profit (loss) for the period before taxes | 9903 | €56,226 | -€13,445 | -€69,670 | |
| Income taxes | 67/77 | €174 | €119,293 | +€119,119 | +68302.1% |
| Profit (loss) for the period | 9904 | €56,051 | -€132,738 | -€188,789 | |
| Profit (loss) for the period to be appropriated | 9905 | €56,051 | -€132,738 | -€188,789 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.