SPHERCO: 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.
SPHERCO
Largest movements
- Tangible fixed assets -€17,322
down €17,322 (-25.0%), from €69,194 to €51,872
of which Land and buildings: -€17,242
- Receivables within one year -€15,719
down €15,719 (-35.5%), from €44,295 to €28,576
of which Trade receivables: -€17,446
- Cash -€7,954
down €7,954 (-28.5%), from €27,892 to €19,938
mainly Net result for the year (-€28,403) and Debts after one year (-€15,795)
- Profit (loss) carried forward -€28,403
down €28,403 (-728.0%), from -€3,902 to -€32,305
- Debts after one year -€15,795
down €15,795 (-25.3%), from €62,326 to €46,532
- Other operating charges +€11,130
up €11,130 (+798.7%), from €1,394 to €12,524
- Gross operating margin +€5,281
up €5,281, from -€1,643 to €3,638
- Financial income -€1,520
down €1,520 (-63.8%), from €2,382 to €862
- Financial charges +€717
up €717 (+30.6%), from €2,341 to €3,058
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 | €142,103 | €100,385 | -€41,717 | -29.4% |
| Fixed assets | 21/28 | €69,566 | €51,872 | -€17,694 | -25.4% |
| Tangible fixed assets | 22/27 | €69,194 | €51,872 | -€17,322 | -25.0% |
| Land and buildings | 22 | €68,868 | €51,626 | -€17,242 | -25.0% |
| Plant, machinery and equipment | 23 | €326 | €246 | -€80 | -24.6% |
| Financial fixed assets | 28 | €372 | - | -€372 | |
| Current assets | 29/58 | €72,537 | €48,514 | -€24,024 | -33.1% |
| Amounts receivable within one year | 40/41 | €44,295 | €28,576 | -€15,719 | -35.5% |
| Trade receivables | 40 | €17,446 | - | -€17,446 | |
| Other amounts receivable | 41 | €26,849 | €28,576 | +€1,726 | +6.4% |
| Cash at bank and in hand | 54/58 | €27,892 | €19,938 | -€7,954 | -28.5% |
| Deferred charges and accrued income | 490/1 | €350 | - | -€350 | |
| Total equity and liabilities | 10/49 | €142,103 | €100,385 | -€41,717 | -29.4% |
| Equity | 10/15 | €64,298 | €35,895 | -€28,403 | -44.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,902 | -€32,305 | -€28,403 | -728.0% |
| Amounts payable | 17/49 | €77,804 | €64,490 | -€13,314 | -17.1% |
| Amounts payable after more than one year | 17 | €62,326 | €46,532 | -€15,795 | -25.3% |
| Financial debts | 170/4 | €62,326 | €46,532 | -€15,795 | -25.3% |
| Amounts payable within one year | 42/48 | €15,478 | €16,909 | +€1,431 | +9.2% |
| Current portion of amounts payable after more than one year | 42 | €15,478 | €15,795 | +€317 | +2.0% |
| Trade debts | 44 | - | €1,114 | +€1,114 | |
| Suppliers | 440/4 | - | €1,114 | +€1,114 | |
| Accrued charges and deferred income | 492/3 | - | €1,050 | +€1,050 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,316 | €17,322 | +€6 | 0.0% |
| Other operating charges | 640/8 | €1,394 | €12,524 | +€11,130 | +798.7% |
| Gross operating margin | 9900 | -€1,643 | €3,638 | +€5,281 | |
| Operating profit (loss) | 9901 | -€20,353 | -€26,208 | -€5,855 | -28.8% |
| Financial income | 75/76B | €2,382 | €862 | -€1,520 | -63.8% |
| Recurring financial income | 75 | €2,382 | €862 | -€1,520 | -63.8% |
| Financial charges | 65/66B | €2,341 | €3,058 | +€717 | +30.6% |
| Recurring financial charges | 65 | €2,341 | €3,058 | +€717 | +30.6% |
| Profit (loss) for the period before taxes | 9903 | -€20,312 | -€28,403 | -€8,091 | -39.8% |
| Profit (loss) for the period | 9904 | -€20,312 | -€28,403 | -€8,091 | -39.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,312 | -€28,403 | -€8,091 | -39.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.