ADDSALT MUSIC: what changed
ADDSALT MUSIC
Largest movements
- Cash +€5,165
up €5,165 (+10.0%), from €51,806 to €56,972
mainly Net result for the year (+€4,828) and Depreciation (+€336)
- Profit (loss) carried forward +€4,828
up €4,828 (+4.3%), from -€113,206 to -€108,379
- Depreciation -€2,164
down €2,164 (-86.6%), from €2,500 to €336
- Financial income +€1,206
up €1,206 (+7.2%), from €16,772 to €17,978
- Other operating charges +€161
up €161 (+4.7%), from €3,433 to €3,594
- Gross operating margin +€149
up €149 (+1.8%), from -€8,098 to -€7,950
- Financial charges -€118
down €118 (-8.5%), from €1,390 to €1,271
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €136,376 | €141,207 | +€4,830 | +3.5% |
| Fixed assets | 21/28 | €84,220 | €83,885 | -€336 | -0.4% |
| Tangible fixed assets | 22/27 | €336 | €0 | -€336 | -100% |
| Furniture and vehicles | 24 | €336 | €0 | -€336 | -100% |
| Financial fixed assets | 28 | €83,885 | €83,885 | = | 0.0% |
| Current assets | 29/58 | €52,156 | €57,322 | +€5,166 | +9.9% |
| Cash at bank and in hand | 54/58 | €51,806 | €56,972 | +€5,165 | +10.0% |
| Deferred charges and accrued income | 490/1 | €350 | €350 | +€1 | +0.2% |
| Total equity and liabilities | 10/49 | €136,376 | €141,207 | +€4,830 | +3.5% |
| Equity | 10/15 | €136,277 | €141,105 | +€4,828 | +3.5% |
| Contributions | 10/11 | €246,072 | €246,072 | = | 0.0% |
| Capital | 10 | €246,072 | €246,072 | = | 0.0% |
| Issued capital | 100 | €246,072 | €246,072 | = | 0.0% |
| Reserves | 13 | €3,412 | €3,412 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,412 | €3,412 | = | 0.0% |
| Legal reserve | 130 | €3,350 | €3,350 | = | 0.0% |
| Other | 1319 | €62 | €62 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€113,206 | -€108,379 | +€4,828 | +4.3% |
| Amounts payable | 17/49 | €99 | €102 | +€3 | +3.0% |
| Amounts payable within one year | 42/48 | €99 | €102 | +€3 | +3.0% |
| Trade debts | 44 | €99 | €102 | +€3 | +3.0% |
| Suppliers | 440/4 | €99 | €102 | +€3 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,500 | €336 | -€2,164 | -86.6% |
| Other operating charges | 640/8 | €3,433 | €3,594 | +€161 | +4.7% |
| Operating charges capitalised as restructuring costs | 649 | €0 | €0 | = | |
| Gross operating margin | 9900 | -€8,098 | -€7,950 | +€149 | +1.8% |
| Operating profit (loss) | 9901 | -€14,031 | -€11,879 | +€2,153 | +15.3% |
| Financial income | 75/76B | €16,772 | €17,978 | +€1,206 | +7.2% |
| Recurring financial income | 75 | €16,772 | €17,978 | +€1,206 | +7.2% |
| Financial charges | 65/66B | €1,390 | €1,271 | -€118 | -8.5% |
| Recurring financial charges | 65 | €1,390 | €1,271 | -€118 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €1,351 | €4,828 | +€3,477 | +257% |
| Profit (loss) for the period | 9904 | €1,351 | €4,828 | +€3,477 | +257% |
| Profit (loss) for the period to be appropriated | 9905 | €1,351 | €4,828 | +€3,477 | +257% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.