Sphere.Work: 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.
Sphere.Work
Largest movements
- Receivables within one year +€462,258
up €462,258 (+225.0%), from €205,455 to €667,712
of which Trade receivables: +€469,989
- Cash -€28,354
no longer reported in 2025 (was €28,354)
mainly Receivables within one year (-€462,258) and Debts after one year (-€17,000)
- Intangible fixed assets -€16,651
down €16,651 (-24.0%), from €69,459 to €52,809
- Tangible fixed assets -€9,237
down €9,237 (-29.3%), from €31,519 to €22,282
of which Furniture and vehicles: -€5,369
- Trade debts +€185,341
up €185,341 (+120.9%), from €153,361 to €338,702
- Other debts +€135,580
up €135,580 (+2387.8%), from €5,678 to €141,258
- Profit (loss) carried forward +€53,000
up €53,000 (+17.8%), from -€298,457 to -€245,457
- Tax, wage and social debts +€19,336
up €19,336 (+123.5%), from €15,657 to €34,993
of which Remuneration and social security: +€19,344
- Accrued charges and deferred income +€17,588
new in 2025: €17,588
- Gross operating margin +€467,952
up €467,952, from -€83,613 to €384,339
- Staff costs +€199,281
up €199,281 (+228.2%), from €87,324 to €286,604
- Depreciation -€6,109
down €6,109 (-18.9%), from €32,306 to €26,197
- Financial charges +€4,428
up €4,428 (+42.3%), from €10,469 to €14,897
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 | €343,239 | €747,362 | +€404,123 | +117.7% |
| Fixed assets | 21/28 | €100,978 | €75,091 | -€25,887 | -25.6% |
| Intangible fixed assets | 21 | €69,459 | €52,809 | -€16,651 | -24.0% |
| Tangible fixed assets | 22/27 | €31,519 | €22,282 | -€9,237 | -29.3% |
| Plant, machinery and equipment | 23 | €1,178 | €338 | -€840 | -71.3% |
| Furniture and vehicles | 24 | €9,654 | €4,285 | -€5,369 | -55.6% |
| Other tangible fixed assets | 26 | €20,686 | €17,659 | -€3,027 | -14.6% |
| Current assets | 29/58 | €242,261 | €672,271 | +€430,010 | +177.5% |
| Amounts receivable within one year | 40/41 | €205,455 | €667,712 | +€462,258 | +225.0% |
| Trade receivables | 40 | €139,109 | €609,098 | +€469,989 | +337.9% |
| Other amounts receivable | 41 | €66,346 | €58,615 | -€7,731 | -11.7% |
| Cash at bank and in hand | 54/58 | €28,354 | - | -€28,354 | |
| Deferred charges and accrued income | 490/1 | €8,452 | €4,559 | -€3,894 | -46.1% |
| Total equity and liabilities | 10/49 | €343,239 | €747,362 | +€404,123 | +117.7% |
| Equity | 10/15 | €1,543 | €54,543 | +€53,000 | +3434.8% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€298,457 | -€245,457 | +€53,000 | +17.8% |
| Amounts payable | 17/49 | €341,696 | €692,819 | +€351,123 | +102.8% |
| Amounts payable after more than one year | 17 | €167,000 | €150,000 | -€17,000 | -10.2% |
| Financial debts | 170/4 | €167,000 | €150,000 | -€17,000 | -10.2% |
| Amounts payable within one year | 42/48 | €174,696 | €525,231 | +€350,535 | +200.7% |
| Financial debts | 43 | - | €10,278 | +€10,278 | |
| Credit institutions | 430/8 | - | €10,278 | +€10,278 | |
| Trade debts | 44 | €153,361 | €338,702 | +€185,341 | +120.9% |
| Suppliers | 440/4 | €153,361 | €338,702 | +€185,341 | +120.9% |
| Taxes, remuneration and social security | 45 | €15,657 | €34,993 | +€19,336 | +123.5% |
| Taxes | 450/3 | €5,434 | €5,426 | -€9 | -0.2% |
| Remuneration and social security | 454/9 | €10,223 | €29,567 | +€19,344 | +189.2% |
| Other amounts payable | 47/48 | €5,678 | €141,258 | +€135,580 | +2387.8% |
| Accrued charges and deferred income | 492/3 | - | €17,588 | +€17,588 | |
| Remuneration, social security and pensions | 62 | €87,324 | €286,604 | +€199,281 | +228.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,306 | €26,197 | -€6,109 | -18.9% |
| Other operating charges | 640/8 | €483 | €3,028 | +€2,545 | +527.1% |
| Gross operating margin | 9900 | -€83,613 | €384,339 | +€467,952 | |
| Operating profit (loss) | 9901 | -€203,725 | €68,510 | +€272,235 | |
| Financial income | 75/76B | - | €19 | +€19 | |
| Recurring financial income | 75 | - | €19 | +€19 | |
| Financial charges | 65/66B | €10,469 | €14,897 | +€4,428 | +42.3% |
| Recurring financial charges | 65 | €10,469 | €14,897 | +€4,428 | +42.3% |
| Profit (loss) for the period before taxes | 9903 | -€214,194 | €53,631 | +€267,825 | |
| Income taxes | 67/77 | €315 | €631 | +€316 | +100.1% |
| Profit (loss) for the period | 9904 | -€214,510 | €53,000 | +€267,509 | |
| Profit (loss) for the period to be appropriated | 9905 | -€214,510 | €53,000 | +€267,509 |
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 8 October 2026 via checked.be.