PANDA SOUND & LIGHT: what changed
PANDA SOUND & LIGHT
Largest movements
- Cash +€57,233
up €57,233 (+99.0%), from €57,795 to €115,028
mainly Net result for the year (+€71,976) and Accrued charges and deferred income (+€2,082)
- Profit (loss) carried forward +€71,976
up €71,976 (+59.0%), from €121,930 to €193,907
- Reserves -€17,698
down €17,698 (-90.5%), from €19,558 to €1,860
- Contributions +€6,200
up €6,200 (+50.0%), from €12,400 to €18,600
- Tax, wage and social debts -€5,799
down €5,799 (-43.6%), from €13,287 to €7,488
of which Remuneration and social security: -€3,122
- Gross operating margin -€81,575
down €81,575 (-45.0%), from €181,297 to €99,722
- Taxes -€30,734
down €30,734 (-53.2%), from €57,725 to €26,991
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €172,947 | €229,529 | +€56,583 | +32.7% |
| Current assets | 29/58 | €172,947 | €229,529 | +€56,583 | +32.7% |
| Amounts receivable within one year | 40/41 | €115,152 | €114,501 | -€651 | -0.6% |
| Trade receivables | 40 | €111,986 | €111,335 | -€651 | -0.6% |
| Other amounts receivable | 41 | €3,166 | €3,166 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €57,795 | €115,028 | +€57,233 | +99.0% |
| Total equity and liabilities | 10/49 | €172,947 | €229,529 | +€56,583 | +32.7% |
| Equity | 10/15 | €153,888 | €214,367 | +€60,478 | +39.3% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Reserves | 13 | €19,558 | €1,860 | -€17,698 | -90.5% |
| Distributable reserves | 133 | €19,558 | €1,860 | -€17,698 | -90.5% |
| Profit (loss) carried forward | 14 | €121,930 | €193,907 | +€71,976 | +59.0% |
| Amounts payable | 17/49 | €19,058 | €15,163 | -€3,896 | -20.4% |
| Amounts payable within one year | 42/48 | €13,465 | €7,488 | -€5,977 | -44.4% |
| Trade debts | 44 | €178 | - | -€178 | |
| Suppliers | 440/4 | €178 | - | -€178 | |
| Taxes, remuneration and social security | 45 | €13,287 | €7,488 | -€5,799 | -43.6% |
| Taxes | 450/3 | €10,165 | €7,488 | -€2,677 | -26.3% |
| Remuneration and social security | 454/9 | €3,122 | - | -€3,122 | |
| Accrued charges and deferred income | 492/3 | €5,593 | €7,675 | +€2,082 | +37.2% |
| Other operating charges | 640/8 | €507 | €520 | +€13 | +2.6% |
| Gross operating margin | 9900 | €181,297 | €99,722 | -€81,575 | -45.0% |
| Operating profit (loss) | 9901 | €180,790 | €99,202 | -€81,588 | -45.1% |
| Financial charges | 65/66B | €1,555 | €234 | -€1,320 | -84.9% |
| Recurring financial charges | 65 | €1,555 | €234 | -€1,320 | -84.9% |
| Profit (loss) for the period before taxes | 9903 | €179,235 | €98,967 | -€80,268 | -44.8% |
| Income taxes | 67/77 | €57,725 | €26,991 | -€30,734 | -53.2% |
| Profit (loss) for the period | 9904 | €121,510 | €71,976 | -€49,534 | -40.8% |
| Profit (loss) for the period to be appropriated | 9905 | €121,510 | €71,976 | -€49,534 | -40.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.