D-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.
D-SOUND
Largest movements
- Cash -€10,854
down €10,854 (-49.0%), from €22,173 to €11,319
mainly Net result for the year (-€5,717) and Receivables within one year (-€4,290)
- Receivables within one year +€4,290
up €4,290 (+19.1%), from €22,457 to €26,747
of which Other amounts receivable: +€3,107
- Tangible fixed assets -€3,340
down €3,340 (-76.1%), from €4,389 to €1,049
of which Plant, machinery and equipment: -€2,600
- Profit (loss) carried forward -€5,717
down €5,717, from €4,216 to -€1,501
- Current portion of long-term debt -€2,772
no longer reported in 2025 (was €2,772)
- Other debts -€1,210
no longer reported in 2025 (was €1,210)
- Tax, wage and social debts -€590
down €590 (-12.4%), from €4,748 to €4,157
of which Remuneration and social security: -€1,245
- Gross operating margin -€11,842
down €11,842, from €11,199 to -€643
- Taxes -€2,667
down €2,667 (-64.1%), from €4,158 to €1,491
- Depreciation -€1,408
down €1,408 (-29.7%), from €4,748 to €3,340
- Other operating charges -€771
down €771 (-80.8%), from €955 to €183
- Financial charges -€511
down €511 (-89.7%), from €570 to €59
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 | €49,019 | €39,115 | -€9,904 | -20.2% |
| Fixed assets | 21/28 | €4,389 | €1,049 | -€3,340 | -76.1% |
| Tangible fixed assets | 22/27 | €4,389 | €1,049 | -€3,340 | -76.1% |
| Plant, machinery and equipment | 23 | €3,300 | €700 | -€2,600 | -78.8% |
| Furniture and vehicles | 24 | €1,089 | €349 | -€740 | -68.0% |
| Current assets | 29/58 | €44,630 | €38,066 | -€6,564 | -14.7% |
| Amounts receivable within one year | 40/41 | €22,457 | €26,747 | +€4,290 | +19.1% |
| Trade receivables | 40 | €18,247 | €19,430 | +€1,183 | +6.5% |
| Other amounts receivable | 41 | €4,210 | €7,317 | +€3,107 | +73.8% |
| Cash at bank and in hand | 54/58 | €22,173 | €11,319 | -€10,854 | -49.0% |
| Total equity and liabilities | 10/49 | €49,019 | €39,115 | -€9,904 | -20.2% |
| Equity | 10/15 | €38,888 | €33,172 | -€5,717 | -14.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €31,672 | €31,672 | = | 0.0% |
| Distributable reserves | 133 | €31,672 | €31,672 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,216 | -€1,501 | -€5,717 | |
| Amounts payable | 17/49 | €10,131 | €5,944 | -€4,187 | -41.3% |
| Amounts payable within one year | 42/48 | €10,131 | €5,944 | -€4,187 | -41.3% |
| Current portion of amounts payable after more than one year | 42 | €2,772 | - | -€2,772 | |
| Trade debts | 44 | €1,401 | €1,786 | +€385 | +27.5% |
| Suppliers | 440/4 | €1,401 | €1,786 | +€385 | +27.5% |
| Taxes, remuneration and social security | 45 | €4,748 | €4,157 | -€590 | -12.4% |
| Taxes | 450/3 | €3,503 | €4,157 | +€654 | +18.7% |
| Remuneration and social security | 454/9 | €1,245 | - | -€1,245 | |
| Other amounts payable | 47/48 | €1,210 | - | -€1,210 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,748 | €3,340 | -€1,408 | -29.7% |
| Other operating charges | 640/8 | €955 | €183 | -€771 | -80.8% |
| Gross operating margin | 9900 | €11,199 | -€643 | -€11,842 | |
| Operating profit (loss) | 9901 | €5,496 | -€4,167 | -€9,662 | |
| Financial charges | 65/66B | €570 | €59 | -€511 | -89.7% |
| Recurring financial charges | 65 | €570 | €59 | -€511 | -89.7% |
| Profit (loss) for the period before taxes | 9903 | €4,926 | -€4,226 | -€9,151 | |
| Income taxes | 67/77 | €4,158 | €1,491 | -€2,667 | -64.1% |
| Profit (loss) for the period | 9904 | €768 | -€5,717 | -€6,484 | |
| Profit (loss) for the period to be appropriated | 9905 | €768 | -€5,717 | -€6,484 |
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 14 October 2026 via checked.be.