AUDIO NOORD: 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.
AUDIO NOORD
Largest movements
- Receivables within one year -€17,832
down €17,832 (-53.0%), from €33,641 to €15,809
of which Trade receivables: -€17,651
- Tangible fixed assets -€3,724
down €3,724 (-54.2%), from €6,872 to €3,148
of which Plant, machinery and equipment: -€3,370
- Cash -€3,014
down €3,014 (-14.3%), from €21,070 to €18,056
mainly Trade debts (-€17,558) and Advances received (-€16,073)
- Stocks and contracts +€2,825
up €2,825 (+16.5%), from €17,146 to €19,971
- Reserves +€19,593
up €19,593 (+741%), from €2,644 to €22,237
- Trade debts -€17,558
down €17,558 (-53.5%), from €32,810 to €15,252
- Advances received -€16,073
down €16,073 (-100%), from €16,073 to €0
- Current portion of long-term debt -€3,070
down €3,070 (-57.9%), from €5,300 to €2,230
- Debts after one year -€2,230
down €2,230 (-100%), from €2,230 to €0
- Gross operating margin +€18,413
up €18,413 (+144%), from €12,774 to €31,187
- Taxes +€6,087
up €6,087 (+762%), from €799 to €6,886
- Depreciation -€1,841
down €1,841 (-33.1%), from €5,565 to €3,724
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 | €78,780 | €56,984 | -€21,796 | -27.7% |
| Fixed assets | 21/28 | €6,872 | €3,148 | -€3,724 | -54.2% |
| Tangible fixed assets | 22/27 | €6,872 | €3,148 | -€3,724 | -54.2% |
| Plant, machinery and equipment | 23 | €6,518 | €3,148 | -€3,370 | -51.7% |
| Furniture and vehicles | 24 | €353 | €0 | -€353 | -100% |
| Current assets | 29/58 | €71,909 | €53,836 | -€18,072 | -25.1% |
| Stocks and contracts in progress | 3 | €17,146 | €19,971 | +€2,825 | +16.5% |
| Stocks | 30/36 | €17,146 | €19,971 | +€2,825 | +16.5% |
| Amounts receivable within one year | 40/41 | €33,641 | €15,809 | -€17,832 | -53.0% |
| Trade receivables | 40 | €33,460 | €15,809 | -€17,651 | -52.8% |
| Other amounts receivable | 41 | €182 | €0 | -€182 | -100% |
| Cash at bank and in hand | 54/58 | €21,070 | €18,056 | -€3,014 | -14.3% |
| Deferred charges and accrued income | 490/1 | €51 | €0 | -€51 | -100% |
| Total equity and liabilities | 10/49 | €78,780 | €56,984 | -€21,796 | -27.7% |
| Equity | 10/15 | €5,644 | €25,237 | +€19,593 | +347% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €2,644 | €22,237 | +€19,593 | +741% |
| Distributable reserves | 133 | €2,644 | €22,237 | +€19,593 | +741% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €73,137 | €31,747 | -€41,390 | -56.6% |
| Amounts payable after more than one year | 17 | €2,230 | €0 | -€2,230 | -100% |
| Financial debts | 170/4 | €2,230 | €0 | -€2,230 | -100% |
| Amounts payable within one year | 42/48 | €70,907 | €31,747 | -€39,159 | -55.2% |
| Current portion of amounts payable after more than one year | 42 | €5,300 | €2,230 | -€3,070 | -57.9% |
| Financial debts | 43 | €80 | €33 | -€47 | -59.0% |
| Credit institutions | 430/8 | €80 | €33 | -€47 | -59.0% |
| Trade debts | 44 | €32,810 | €15,252 | -€17,558 | -53.5% |
| Suppliers | 440/4 | €32,810 | €15,252 | -€17,558 | -53.5% |
| Advances received on contracts in progress | 46 | €16,073 | €0 | -€16,073 | -100% |
| Taxes, remuneration and social security | 45 | €3,620 | €2,675 | -€945 | -26.1% |
| Taxes | 450/3 | €3,620 | €2,675 | -€945 | -26.1% |
| Other amounts payable | 47/48 | €13,023 | €11,557 | -€1,467 | -11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,565 | €3,724 | -€1,841 | -33.1% |
| Other operating charges | 640/8 | €856 | €887 | +€31 | +3.6% |
| Gross operating margin | 9900 | €12,774 | €31,187 | +€18,413 | +144% |
| Operating profit (loss) | 9901 | €6,353 | €26,576 | +€20,223 | +318% |
| Financial income | 75/76B | €24 | €133 | +€109 | +450% |
| Recurring financial income | 75 | €24 | €133 | +€109 | +450% |
| Financial charges | 65/66B | €520 | €229 | -€291 | -55.9% |
| Recurring financial charges | 65 | €520 | €229 | -€291 | -55.9% |
| Profit (loss) for the period before taxes | 9903 | €5,857 | €26,480 | +€20,623 | +352% |
| Income taxes | 67/77 | €799 | €6,886 | +€6,087 | +762% |
| Profit (loss) for the period | 9904 | €5,058 | €19,593 | +€14,536 | +287% |
| Profit (loss) for the period to be appropriated | 9905 | €5,058 | €19,593 | +€14,536 | +287% |
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 18 October 2026 via checked.be.