SPHERE avocats: 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.
SPHERE avocats
Largest movements
- Receivables within one year -€171,956
down €171,956 (-45.2%), from €380,168 to €208,211
of which Trade receivables: -€159,786
- Financial fixed assets +€8,160
up €8,160 (+258%), from €3,160 to €11,320
- Intangible fixed assets +€6,377
new in 2025: €6,377
- Cash -€6,123
down €6,123 (-14.9%), from €41,216 to €35,093
mainly Trade debts (-€156,396) and Net result for the year (-€21,627)
- Trade debts -€156,396
down €156,396 (-36.9%), from €424,345 to €267,949
- Profit (loss) carried forward -€21,627
down €21,627, from €606 to -€21,021
- Tax, wage and social debts +€5,919
up €5,919 (+1,562%), from €379 to €6,298
- Accrued charges and deferred income +€4,497
new in 2025: €4,497
- Gross operating margin -€12,314
down €12,314, from €3,826 to -€8,488
- Other operating charges +€9,351
new in 2025: €9,351
- Taxes -€379
no longer reported in 2025 (was €379)
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.
Derived cash bridge
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 | €437,983 | €270,921 | -€167,062 | -38.1% |
| Fixed assets | 21/28 | €16,599 | €27,525 | +€10,925 | +65.8% |
| Intangible fixed assets | 21 | - | €6,377 | +€6,377 | |
| Tangible fixed assets | 22/27 | €13,440 | €9,828 | -€3,612 | -26.9% |
| Furniture and vehicles | 24 | €11,305 | €7,951 | -€3,354 | -29.7% |
| Other tangible fixed assets | 26 | €2,135 | €1,877 | -€258 | -12.1% |
| Financial fixed assets | 28 | €3,160 | €11,320 | +€8,160 | +258% |
| Current assets | 29/58 | €421,384 | €243,396 | -€177,988 | -42.2% |
| Amounts receivable within one year | 40/41 | €380,168 | €208,211 | -€171,956 | -45.2% |
| Trade receivables | 40 | €367,997 | €208,211 | -€159,786 | -43.4% |
| Other amounts receivable | 41 | €12,171 | - | -€12,171 | |
| Cash at bank and in hand | 54/58 | €41,216 | €35,093 | -€6,123 | -14.9% |
| Deferred charges and accrued income | 490/1 | - | €91 | +€91 | |
| Total equity and liabilities | 10/49 | €437,983 | €270,921 | -€167,062 | -38.1% |
| Equity | 10/15 | €12,629 | -€8,998 | -€21,627 | |
| Contributions | 10/11 | €12,023 | €12,023 | = | 0.0% |
| Contributions outside capital | 11 | €12,023 | €12,023 | = | 0.0% |
| Other | 1109/19 | €12,023 | €12,023 | = | 0.0% |
| Profit (loss) carried forward | 14 | €606 | -€21,021 | -€21,627 | |
| Amounts payable | 17/49 | €425,354 | €279,918 | -€145,435 | -34.2% |
| Amounts payable within one year | 42/48 | €425,354 | €275,421 | -€149,933 | -35.2% |
| Financial debts | 43 | €204 | €748 | +€544 | +267% |
| Credit institutions | 430/8 | €204 | €748 | +€544 | +267% |
| Trade debts | 44 | €424,345 | €267,949 | -€156,396 | -36.9% |
| Suppliers | 440/4 | €424,345 | €267,949 | -€156,396 | -36.9% |
| Taxes, remuneration and social security | 45 | €379 | €6,298 | +€5,919 | +1,562% |
| Taxes | 450/3 | €379 | €6,298 | +€5,919 | +1,562% |
| Other amounts payable | 47/48 | €425 | €425 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €4,497 | +€4,497 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,603 | €3,647 | +€44 | +1.2% |
| Other operating charges | 640/8 | - | €9,351 | +€9,351 | |
| Gross operating margin | 9900 | €3,826 | -€8,488 | -€12,314 | |
| Operating profit (loss) | 9901 | €223 | -€21,486 | -€21,709 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €220 | €141 | -€79 | -35.8% |
| Recurring financial charges | 65 | €220 | €141 | -€79 | -35.8% |
| Profit (loss) for the period before taxes | 9903 | €3 | -€21,627 | -€21,630 | |
| Income taxes | 67/77 | €379 | - | -€379 | |
| Profit (loss) for the period | 9904 | -€376 | -€21,627 | -€21,251 | -5,649% |
| Profit (loss) for the period to be appropriated | 9905 | -€376 | -€21,627 | -€21,251 | -5,649% |
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 16 October 2026 via checked.be.