Thelonious Sphere: 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.
Thelonious Sphere
Largest movements
- Cash +€31,893
up €31,893 (+33.7%), from €94,713 to €126,606
mainly Net result for the year (+€47,678) and Other debts (+€16,925)
- Receivables within one year +€17,839
up €17,839 (+182%), from €9,804 to €27,643
of which Trade receivables: +€11,329
- Tangible fixed assets -€2,818
down €2,818 (-51.6%), from €5,460 to €2,642
of which Furniture and vehicles: -€2,366
- Reserves +€31,906
up €31,906 (+43.8%), from €72,879 to €104,785
- Other debts +€16,925
new in 2025: €16,925
- Tax, wage and social debts -€3,971
down €3,971 (-12.3%), from €32,387 to €28,415
of which Taxes: -€3,971
- Trade debts +€2,189
up €2,189 (+194%), from €1,131 to €3,320
- Gross operating margin +€11,301
up €11,301 (+17.9%), from €63,278 to €74,579
- Taxes +€3,433
up €3,433 (+20.5%), from €16,730 to €20,163
- Depreciation -€748
down €748 (-18.1%), from €4,143 to €3,395
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 | €111,396 | €158,445 | +€47,049 | +42.2% |
| Fixed assets | 21/28 | €5,460 | €2,642 | -€2,818 | -51.6% |
| Tangible fixed assets | 22/27 | €5,460 | €2,642 | -€2,818 | -51.6% |
| Plant, machinery and equipment | 23 | €3,094 | €2,642 | -€452 | -14.6% |
| Furniture and vehicles | 24 | €2,366 | - | -€2,366 | |
| Current assets | 29/58 | €105,937 | €155,803 | +€49,867 | +47.1% |
| Amounts receivable within one year | 40/41 | €9,804 | €27,643 | +€17,839 | +182% |
| Trade receivables | 40 | €671 | €12,000 | +€11,329 | +1,688% |
| Other amounts receivable | 41 | €9,132 | €15,643 | +€6,511 | +71.3% |
| Cash at bank and in hand | 54/58 | €94,713 | €126,606 | +€31,893 | +33.7% |
| Deferred charges and accrued income | 490/1 | €1,420 | €1,554 | +€134 | +9.4% |
| Total equity and liabilities | 10/49 | €111,396 | €158,445 | +€47,049 | +42.2% |
| Equity | 10/15 | €77,879 | €109,785 | +€31,906 | +41.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €72,879 | €104,785 | +€31,906 | +43.8% |
| Distributable reserves | 133 | €72,879 | €104,785 | +€31,906 | +43.8% |
| Amounts payable | 17/49 | €33,517 | €48,660 | +€15,143 | +45.2% |
| Amounts payable within one year | 42/48 | €33,517 | €48,660 | +€15,143 | +45.2% |
| Trade debts | 44 | €1,131 | €3,320 | +€2,189 | +194% |
| Suppliers | 440/4 | €1,131 | €3,320 | +€2,189 | +194% |
| Taxes, remuneration and social security | 45 | €32,387 | €28,415 | -€3,971 | -12.3% |
| Taxes | 450/3 | €29,387 | €25,415 | -€3,971 | -13.5% |
| Remuneration and social security | 454/9 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 47/48 | - | €16,925 | +€16,925 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,143 | €3,395 | -€748 | -18.1% |
| Other operating charges | 640/8 | €706 | €685 | -€21 | -2.9% |
| Gross operating margin | 9900 | €63,278 | €74,579 | +€11,301 | +17.9% |
| Operating profit (loss) | 9901 | €58,429 | €70,499 | +€12,070 | +20.7% |
| Financial income | 75/76B | €430 | €616 | +€186 | +43.2% |
| Recurring financial income | 75 | €430 | €616 | +€186 | +43.2% |
| Financial charges | 65/66B | €3,823 | €3,273 | -€550 | -14.4% |
| Recurring financial charges | 65 | €3,823 | €3,273 | -€550 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €55,036 | €67,841 | +€12,805 | +23.3% |
| Income taxes | 67/77 | €16,730 | €20,163 | +€3,433 | +20.5% |
| Profit (loss) for the period | 9904 | €38,306 | €47,678 | +€9,372 | +24.5% |
| Profit (loss) for the period to be appropriated | 9905 | €38,306 | €47,678 | +€9,372 | +24.5% |
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 22 October 2026 via checked.be.