Better Sound Projects: 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.
Better Sound Projects
Largest movements
- Tangible fixed assets -€19,618
down €19,618 (-92.5%), from €21,218 to €1,600
- Stocks and contracts +€4,924
up €4,924 (+1,524%), from €323 to €5,247
- Receivables within one year +€4,040
up €4,040 (+158%), from €2,562 to €6,602
of which Trade receivables: +€3,885
- Cash +€3,334
up €3,334 (+433%), from €771 to €4,105
mainly Investment in fixed assets (net) (+€18,918) and Depreciation (+€701)
- Other debts -€3,871
down €3,871 (-71.3%), from €5,432 to €1,560
- Trade debts -€2,220
down €2,220 (-88.5%), from €2,508 to €288
- Tax, wage and social debts -€1,358
down €1,358 (-66.3%), from €2,049 to €691
- Gross operating margin +€12,298
up €12,298 (+145%), from €8,482 to €20,780
- Taxes +€8,017
no longer reported in 2025 (was -€8,017)
- Depreciation -€5,967
down €5,967 (-89.5%), from €6,668 to €701
- Financial income +€571
new in 2025: €571
- Other operating charges +€448
up €448 (+46.3%), from €967 to €1,415
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 | €24,874 | €17,554 | -€7,320 | -29.4% |
| Fixed assets | 21/28 | €21,218 | €1,600 | -€19,618 | -92.5% |
| Tangible fixed assets | 22/27 | €21,218 | €1,600 | -€19,618 | -92.5% |
| Furniture and vehicles | 24 | €21,218 | €1,600 | -€19,618 | -92.5% |
| Current assets | 29/58 | €3,656 | €15,954 | +€12,298 | +336% |
| Stocks and contracts in progress | 3 | €323 | €5,247 | +€4,924 | +1,524% |
| Stocks | 30/36 | €323 | €5,247 | +€4,924 | +1,524% |
| Amounts receivable within one year | 40/41 | €2,562 | €6,602 | +€4,040 | +158% |
| Trade receivables | 40 | €2,562 | €6,447 | +€3,885 | +152% |
| Other amounts receivable | 41 | - | €155 | +€155 | |
| Cash at bank and in hand | 54/58 | €771 | €4,105 | +€3,334 | +433% |
| Total equity and liabilities | 10/49 | €24,874 | €17,554 | -€7,320 | -29.4% |
| Equity | 10/15 | €14,498 | €14,615 | +€117 | +0.8% |
| Contributions | 10/11 | €28,600 | €28,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,102 | -€13,985 | +€117 | +0.8% |
| Amounts payable | 17/49 | €10,376 | €2,939 | -€7,437 | -71.7% |
| Amounts payable within one year | 42/48 | €9,988 | €2,539 | -€7,449 | -74.6% |
| Trade debts | 44 | €2,508 | €288 | -€2,220 | -88.5% |
| Suppliers | 440/4 | €2,508 | €288 | -€2,220 | -88.5% |
| Taxes, remuneration and social security | 45 | €2,049 | €691 | -€1,358 | -66.3% |
| Taxes | 450/3 | €2,049 | €691 | -€1,358 | -66.3% |
| Other amounts payable | 47/48 | €5,432 | €1,560 | -€3,871 | -71.3% |
| Accrued charges and deferred income | 492/3 | €387 | €400 | +€12 | +3.2% |
| Remuneration, social security and pensions | 62 | €280 | - | -€280 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,668 | €701 | -€5,967 | -89.5% |
| Other operating charges | 640/8 | €967 | €1,415 | +€448 | +46.3% |
| Non-recurring operating charges | 66A | €6,368 | €18,918 | +€12,550 | +197% |
| Gross operating margin | 9900 | €8,482 | €20,780 | +€12,298 | +145% |
| Operating profit (loss) | 9901 | -€5,801 | -€253 | +€5,548 | +95.6% |
| Financial income | 75/76B | - | €571 | +€571 | |
| Recurring financial income | 75 | - | €571 | +€571 | |
| Financial charges | 65/66B | €283 | €201 | -€82 | -29.0% |
| Recurring financial charges | 65 | €283 | €201 | -€82 | -29.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,084 | €117 | +€6,201 | |
| Income taxes | 67/77 | -€8,017 | - | +€8,017 | |
| Profit (loss) for the period | 9904 | €1,933 | €117 | -€1,816 | -94.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,933 | €117 | -€1,816 | -94.0% |
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.