FINESSOUND: 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.
FINESSOUND
Largest movements
- Receivables within one year -€78,169
down €78,169 (-30.1%), from €260,074 to €181,905
of which Trade receivables: -€75,564
- Cash +€55,607
up €55,607 (+74.3%), from €74,855 to €130,462
mainly Receivables within one year (+€78,169) and Depreciation (+€1,461)
- Trade debts -€20,480
down €20,480 (-24.2%), from €84,530 to €64,050
- Tax, wage and social debts -€3,601
down €3,601 (-78.3%), from €4,601 to €1,000
- Gross operating margin +€5,132
up €5,132 (+327%), from €1,570 to €6,702
- Taxes +€2,063
up €2,063 (+107%), from €1,924 to €3,987
- Depreciation -€1,461
down €1,461 (-50.0%), from €2,922 to €1,461
- Financial income -€607
down €607 (-41.7%), from €1,455 to €848
- Other operating charges +€431
up €431 (+42.9%), from €1,004 to €1,435
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 | €336,390 | €312,367 | -€24,023 | -7.1% |
| Fixed assets | 21/28 | €1,461 | - | -€1,461 | |
| Tangible fixed assets | 22/27 | €1,461 | - | -€1,461 | |
| Furniture and vehicles | 24 | €1,461 | - | -€1,461 | |
| Current assets | 29/58 | €334,929 | €312,367 | -€22,562 | -6.7% |
| Amounts receivable within one year | 40/41 | €260,074 | €181,905 | -€78,169 | -30.1% |
| Trade receivables | 40 | €242,072 | €166,508 | -€75,564 | -31.2% |
| Other amounts receivable | 41 | €18,002 | €15,397 | -€2,605 | -14.5% |
| Cash at bank and in hand | 54/58 | €74,855 | €130,462 | +€55,607 | +74.3% |
| Total equity and liabilities | 10/49 | €336,390 | €312,367 | -€24,023 | -7.1% |
| Equity | 10/15 | €247,259 | €247,317 | +€58 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €236,272 | €236,330 | +€58 | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €234,412 | €236,330 | +€1,918 | +0.8% |
| Profit (loss) carried forward | 14 | -€7,613 | -€7,613 | = | 0.0% |
| Amounts payable | 17/49 | €89,131 | €65,050 | -€24,081 | -27.0% |
| Amounts payable within one year | 42/48 | €89,131 | €65,050 | -€24,081 | -27.0% |
| Trade debts | 44 | €84,530 | €64,050 | -€20,480 | -24.2% |
| Suppliers | 440/4 | €84,530 | €64,050 | -€20,480 | -24.2% |
| Taxes, remuneration and social security | 45 | €4,601 | €1,000 | -€3,601 | -78.3% |
| Taxes | 450/3 | €4,601 | €1,000 | -€3,601 | -78.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,922 | €1,461 | -€1,461 | -50.0% |
| Other operating charges | 640/8 | €1,004 | €1,435 | +€431 | +42.9% |
| Gross operating margin | 9900 | €1,570 | €6,702 | +€5,132 | +327% |
| Operating profit (loss) | 9901 | -€2,356 | €3,806 | +€6,162 | |
| Financial income | 75/76B | €1,455 | €848 | -€607 | -41.7% |
| Recurring financial income | 75 | €1,455 | €848 | -€607 | -41.7% |
| Financial charges | 65/66B | €383 | €609 | +€226 | +59.0% |
| Recurring financial charges | 65 | €383 | €609 | +€226 | +59.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,284 | €4,045 | +€5,329 | |
| Income taxes | 67/77 | €1,924 | €3,987 | +€2,063 | +107% |
| Profit (loss) for the period | 9904 | -€3,208 | €58 | +€3,266 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,208 | €58 | +€3,266 |
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 20 October 2026 via checked.be.