APSARA AND SOUND: 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.
APSARA AND SOUND
Largest movements
- Tangible fixed assets -€10,380
down €10,380 (-6.1%), from €171,448 to €161,068
of which Land and buildings: -€9,355
- Cash +€6,816
up €6,816 (+2.3%), from €297,250 to €304,066
mainly Other debts (+€13,912) and Depreciation (+€10,380)
- Other debts +€13,912
up €13,912 (+3.7%), from €379,622 to €393,534
- Debts after one year -€10,986
down €10,986 (-56.4%), from €19,471 to €8,485
- Profit (loss) carried forward -€10,816
down €10,816 (-21.6%), from €50,136 to €39,319
- Gross operating margin -€16,069
down €16,069, from €13,661 to -€2,408
- Financial income +€4,200
up €4,200 (+524%), from €801 to €5,001
- Depreciation -€793
down €793 (-7.1%), from €11,172 to €10,380
- Financial charges +€260
up €260 (+19.7%), from €1,316 to €1,576
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 | €474,677 | €467,288 | -€7,389 | -1.6% |
| Fixed assets | 21/28 | €171,718 | €161,338 | -€10,380 | -6.0% |
| Tangible fixed assets | 22/27 | €171,448 | €161,068 | -€10,380 | -6.1% |
| Land and buildings | 22 | €170,423 | €161,068 | -€9,355 | -5.5% |
| Plant, machinery and equipment | 23 | €1,024 | - | -€1,024 | |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €302,960 | €305,950 | +€2,990 | +1.0% |
| Amounts receivable within one year | 40/41 | €5,709 | €1,884 | -€3,825 | -67.0% |
| Trade receivables | 40 | €5,347 | - | -€5,347 | |
| Other amounts receivable | 41 | €362 | €1,884 | +€1,522 | +420% |
| Cash at bank and in hand | 54/58 | €297,250 | €304,066 | +€6,816 | +2.3% |
| Total equity and liabilities | 10/49 | €474,677 | €467,288 | -€7,389 | -1.6% |
| Equity | 10/15 | €64,396 | €53,579 | -€10,816 | -16.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,136 | €39,319 | -€10,816 | -21.6% |
| Amounts payable | 17/49 | €410,282 | €413,709 | +€3,427 | +0.8% |
| Amounts payable after more than one year | 17 | €19,471 | €8,485 | -€10,986 | -56.4% |
| Financial debts | 170/4 | €19,471 | €8,485 | -€10,986 | -56.4% |
| Amounts payable within one year | 42/48 | €390,811 | €405,224 | +€14,413 | +3.7% |
| Current portion of amounts payable after more than one year | 42 | €10,623 | €10,986 | +€363 | +3.4% |
| Trade debts | 44 | €492 | €643 | +€151 | +30.7% |
| Suppliers | 440/4 | €492 | €643 | +€151 | +30.7% |
| Taxes, remuneration and social security | 45 | €74 | €61 | -€13 | -17.9% |
| Taxes | 450/3 | €74 | €61 | -€13 | -17.9% |
| Other amounts payable | 47/48 | €379,622 | €393,534 | +€13,912 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,172 | €10,380 | -€793 | -7.1% |
| Other operating charges | 640/8 | €1,404 | €1,453 | +€50 | +3.5% |
| Gross operating margin | 9900 | €13,661 | -€2,408 | -€16,069 | |
| Operating profit (loss) | 9901 | €1,085 | -€14,241 | -€15,326 | |
| Financial income | 75/76B | €801 | €5,001 | +€4,200 | +524% |
| Recurring financial income | 75 | €801 | €5,001 | +€4,200 | +524% |
| Financial charges | 65/66B | €1,316 | €1,576 | +€260 | +19.7% |
| Recurring financial charges | 65 | €1,316 | €1,576 | +€260 | +19.7% |
| Profit (loss) for the period before taxes | 9903 | €569 | -€10,816 | -€11,386 | |
| Profit (loss) for the period | 9904 | €569 | -€10,816 | -€11,386 | |
| Profit (loss) for the period to be appropriated | 9905 | €569 | -€10,816 | -€11,386 |
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 26 October 2026 via checked.be.