PRO-AUDIO: 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.
PRO-AUDIO
Largest movements
- Receivables within one year +€54,499
up €54,499 (+889.1%), from €6,129 to €60,629
of which Other amounts receivable: +€36,033
- Tangible fixed assets -€28,382
down €28,382 (-4.1%), from €695,135 to €666,752
of which Land and buildings: -€17,546
- Cash -€24,385
down €24,385 (-5.6%), from €438,369 to €413,984
mainly Other debts (-€68,899) and Contributions, distributions and other (-€65,000)
- Reserves +€110,400
up €110,400 (+19.0%), from €582,460 to €692,860
- Other debts -€68,899
down €68,899 (-43.5%), from €158,371 to €89,472
- Debts after one year -€13,799
down €13,799 (-6.4%), from €216,776 to €202,977
- Gross operating margin +€49,852
up €49,852 (+20.0%), from €249,284 to €299,136
- Taxes +€16,063
up €16,063 (+26.9%), from €59,800 to €75,863
- Staff costs +€4,944
new in 2025: €4,944
- Financial income +€3,155
up €3,155 (+114.3%), from €2,761 to €5,917
- Financial charges -€3,073
down €3,073 (-21.6%), from €14,203 to €11,130
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.
Cash bridge derived
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 | €1,143,310 | €1,158,359 | +€15,048 | +1.3% |
| Fixed assets | 21/28 | €695,135 | €666,752 | -€28,382 | -4.1% |
| Tangible fixed assets | 22/27 | €695,135 | €666,752 | -€28,382 | -4.1% |
| Land and buildings | 22 | €656,370 | €638,824 | -€17,546 | -2.7% |
| Plant, machinery and equipment | 23 | €7,608 | €10,456 | +€2,847 | +37.4% |
| Furniture and vehicles | 24 | €31,156 | €17,472 | -€13,684 | -43.9% |
| Current assets | 29/58 | €448,176 | €491,606 | +€43,431 | +9.7% |
| Amounts receivable within one year | 40/41 | €6,129 | €60,629 | +€54,499 | +889.1% |
| Trade receivables | 40 | €6,125 | €24,591 | +€18,466 | +301.5% |
| Other amounts receivable | 41 | €4 | €36,037 | +€36,033 | +809725.6% |
| Current investments | 50/53 | €0 | €11,000 | +€11,000 | |
| Cash at bank and in hand | 54/58 | €438,369 | €413,984 | -€24,385 | -5.6% |
| Deferred charges and accrued income | 490/1 | €3,677 | €5,994 | +€2,316 | +63.0% |
| Total equity and liabilities | 10/49 | €1,143,310 | €1,158,359 | +€15,048 | +1.3% |
| Equity | 10/15 | €700,668 | €811,078 | +€110,410 | +15.8% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €582,460 | €692,860 | +€110,400 | +19.0% |
| Distributable reserves | 133 | €582,460 | €692,860 | +€110,400 | +19.0% |
| Profit (loss) carried forward | 14 | €103,208 | €103,218 | +€10 | 0.0% |
| Amounts payable | 17/49 | €442,642 | €347,281 | -€95,362 | -21.5% |
| Amounts payable after more than one year | 17 | €216,776 | €202,977 | -€13,799 | -6.4% |
| Financial debts | 170/4 | €216,776 | €202,977 | -€13,799 | -6.4% |
| Amounts payable within one year | 42/48 | €216,981 | €133,441 | -€83,540 | -38.5% |
| Current portion of amounts payable after more than one year | 42 | €13,264 | €13,799 | +€534 | +4.0% |
| Trade debts | 44 | €37,845 | €26,280 | -€11,565 | -30.6% |
| Suppliers | 440/4 | €37,845 | €26,280 | -€11,565 | -30.6% |
| Taxes, remuneration and social security | 45 | €7,500 | €3,890 | -€3,610 | -48.1% |
| Taxes | 450/3 | €7,500 | €3,716 | -€3,784 | -50.4% |
| Remuneration and social security | 454/9 | - | €174 | +€174 | |
| Other amounts payable | 47/48 | €158,371 | €89,472 | -€68,899 | -43.5% |
| Accrued charges and deferred income | 492/3 | €8,886 | €10,863 | +€1,977 | +22.2% |
| Remuneration, social security and pensions | 62 | - | €4,944 | +€4,944 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,236 | €32,828 | +€1,592 | +5.1% |
| Other operating charges | 640/8 | €5,016 | €4,878 | -€138 | -2.7% |
| Gross operating margin | 9900 | €249,284 | €299,136 | +€49,852 | +20.0% |
| Operating profit (loss) | 9901 | €213,032 | €256,486 | +€43,454 | +20.4% |
| Financial income | 75/76B | €2,761 | €5,917 | +€3,155 | +114.3% |
| Recurring financial income | 75 | €2,761 | €5,917 | +€3,155 | +114.3% |
| Financial charges | 65/66B | €14,203 | €11,130 | -€3,073 | -21.6% |
| Recurring financial charges | 65 | €14,203 | €11,130 | -€3,073 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €201,591 | €251,273 | +€49,682 | +24.6% |
| Income taxes | 67/77 | €59,800 | €75,863 | +€16,063 | +26.9% |
| Profit (loss) for the period | 9904 | €141,791 | €175,410 | +€33,619 | +23.7% |
| Profit (loss) for the period to be appropriated | 9905 | €141,791 | €175,410 | +€33,619 | +23.7% |
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 12 October 2026 via checked.be.