EMC-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.
EMC-SOUND
Largest movements
- Receivables within one year +€23,079
up €23,079 (+24.2%), from €95,186 to €118,265
of which Other amounts receivable: +€23,079
- Deferred charges and accrued income -€22,525
no longer reported in 2025 (was €22,525)
- Current investments -€13,670
down €13,670 (-34.3%), from €39,905 to €26,235
- Cash -€3,000
no longer reported in 2025 (was €3,000)
mainly Receivables within one year (-€23,079) and Trade debts (-€18,137)
- Trade debts -€18,137
down €18,137 (-17.4%), from €104,157 to €86,019
- Taxes -€7,515
no longer reported in 2025 (was €7,515)
- Gross operating margin +€2,492
up €2,492 (+66.4%), from €3,754 to €6,246
- Other operating charges -€401
down €401 (-50.9%), from €788 to €387
- Financial charges -€202
down €202 (-48.2%), from €418 to €217
- Depreciation -€176
down €176 (-4.9%), from €3,609 to €3,432
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 | €257,374 | €241,068 | -€16,306 | -6.3% |
| Fixed assets | 21/28 | €96,758 | €96,567 | -€190 | -0.2% |
| Tangible fixed assets | 22/27 | €10,826 | €10,636 | -€190 | -1.8% |
| Plant, machinery and equipment | 23 | - | €2,278 | +€2,278 | |
| Furniture and vehicles | 24 | €10,826 | €8,358 | -€2,468 | -22.8% |
| Financial fixed assets | 28 | €85,932 | €85,932 | = | 0.0% |
| Current assets | 29/58 | €160,616 | €144,500 | -€16,116 | -10.0% |
| Amounts receivable within one year | 40/41 | €95,186 | €118,265 | +€23,079 | +24.2% |
| Trade receivables | 40 | €3,742 | €3,742 | = | 0.0% |
| Other amounts receivable | 41 | €91,445 | €114,524 | +€23,079 | +25.2% |
| Current investments | 50/53 | €39,905 | €26,235 | -€13,670 | -34.3% |
| Cash at bank and in hand | 54/58 | €3,000 | - | -€3,000 | |
| Deferred charges and accrued income | 490/1 | €22,525 | - | -€22,525 | |
| Total equity and liabilities | 10/49 | €257,374 | €241,068 | -€16,306 | -6.3% |
| Equity | 10/15 | €100,971 | €103,181 | +€2,209 | +2.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €118,860 | €118,860 | = | 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% |
| Tax-exempt reserves | 132 | €58,299 | €58,299 | = | 0.0% |
| Distributable reserves | 133 | €58,700 | €58,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,489 | -€34,279 | +€2,209 | +6.1% |
| Provisions and deferred taxes | 16 | €29,072 | €29,072 | = | 0.0% |
| Deferred taxes | 168 | €29,072 | €29,072 | = | 0.0% |
| Amounts payable | 17/49 | €127,331 | €108,816 | -€18,515 | -14.5% |
| Amounts payable after more than one year | 17 | €14,134 | €14,134 | = | 0.0% |
| Financial debts | 170/4 | €14,134 | €14,134 | = | 0.0% |
| Amounts payable within one year | 42/48 | €113,197 | €94,682 | -€18,515 | -16.4% |
| Financial debts | 43 | €5,124 | €4,746 | -€378 | -7.4% |
| Credit institutions | 430/8 | €5,124 | €4,746 | -€378 | -7.4% |
| Trade debts | 44 | €104,157 | €86,019 | -€18,137 | -17.4% |
| Suppliers | 440/4 | €104,157 | €86,019 | -€18,137 | -17.4% |
| Taxes, remuneration and social security | 45 | €80 | €80 | = | 0.0% |
| Taxes | 450/3 | €80 | €80 | = | 0.0% |
| Other amounts payable | 47/48 | €3,837 | €3,837 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,609 | €3,432 | -€176 | -4.9% |
| Other operating charges | 640/8 | €788 | €387 | -€401 | -50.9% |
| Gross operating margin | 9900 | €3,754 | €6,246 | +€2,492 | +66.4% |
| Operating profit (loss) | 9901 | -€643 | €2,426 | +€3,069 | |
| Financial charges | 65/66B | €418 | €217 | -€202 | -48.2% |
| Recurring financial charges | 65 | €418 | €217 | -€202 | -48.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,061 | €2,209 | +€3,270 | |
| Income taxes | 67/77 | €7,515 | - | -€7,515 | |
| Profit (loss) for the period | 9904 | -€8,576 | €2,209 | +€10,785 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,576 | €2,209 | +€10,785 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.