SOFT 'N' 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.
SOFT 'N' SOUND
Largest movements
- Cash +€14,060
up €14,060 (+60.1%), from €23,376 to €37,436
mainly Net result for the year (+€29,330) and Deferred charges and accrued income (+€131)
- Receivables within one year +€11,367
up €11,367 (+106%), from €10,729 to €22,097
of which Trade receivables: +€11,360
- Reserves +€28,530
up €28,530 (+12.1%), from €236,762 to €265,292
of which Distributable reserves: +€29,330
- Gross operating margin -€3,694
down €3,694 (-7.9%), from €46,910 to €43,216
- Taxes -€816
down €816 (-6.4%), from €12,809 to €11,993
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 | €276,823 | €302,374 | +€25,551 | +9.2% |
| Fixed assets | 21/28 | €3,653 | €3,908 | +€255 | +7.0% |
| Tangible fixed assets | 22/27 | €3,653 | €3,908 | +€255 | +7.0% |
| Plant, machinery and equipment | 23 | €348 | €272 | -€76 | -21.8% |
| Furniture and vehicles | 24 | €3,305 | €3,636 | +€331 | +10.0% |
| Current assets | 29/58 | €273,171 | €298,466 | +€25,296 | +9.3% |
| Amounts receivable after more than one year | 29 | €238,000 | €238,000 | = | 0.0% |
| Other amounts receivable | 291 | €238,000 | €238,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €10,729 | €22,097 | +€11,367 | +106% |
| Trade receivables | 40 | €10,729 | €22,090 | +€11,360 | +106% |
| Other amounts receivable | 41 | - | €7 | +€7 | |
| Cash at bank and in hand | 54/58 | €23,376 | €37,436 | +€14,060 | +60.1% |
| Deferred charges and accrued income | 490/1 | €1,065 | €934 | -€131 | -12.3% |
| Total equity and liabilities | 10/49 | €276,823 | €302,374 | +€25,551 | +9.2% |
| Equity | 10/15 | €255,362 | €283,892 | +€28,530 | +11.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €236,762 | €265,292 | +€28,530 | +12.1% |
| Non-distributable reserves | 130/1 | €142,332 | €141,532 | -€800 | -0.6% |
| Reserves not available under the articles | 1311 | €142,332 | €141,532 | -€800 | -0.6% |
| Distributable reserves | 133 | €94,430 | €123,759 | +€29,330 | +31.1% |
| Amounts payable | 17/49 | €21,461 | €18,482 | -€2,979 | -13.9% |
| Amounts payable within one year | 42/48 | €21,461 | €18,482 | -€2,979 | -13.9% |
| Financial debts | 43 | €5,110 | €3,414 | -€1,696 | -33.2% |
| Credit institutions | 430/8 | €5,110 | €3,414 | -€1,696 | -33.2% |
| Trade debts | 44 | €1,768 | €1,719 | -€50 | -2.8% |
| Suppliers | 440/4 | €1,768 | €1,719 | -€50 | -2.8% |
| Taxes, remuneration and social security | 45 | €7,608 | €6,353 | -€1,254 | -16.5% |
| Taxes | 450/3 | €5,958 | €4,128 | -€1,829 | -30.7% |
| Remuneration and social security | 454/9 | €1,650 | €2,225 | +€575 | +34.8% |
| Other amounts payable | 47/48 | €6,975 | €6,996 | +€21 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71 | €92 | +€21 | +28.8% |
| Other operating charges | 640/8 | €924 | €944 | +€20 | +2.2% |
| Gross operating margin | 9900 | €46,910 | €43,216 | -€3,694 | -7.9% |
| Operating profit (loss) | 9901 | €45,915 | €42,180 | -€3,734 | -8.1% |
| Financial charges | 65/66B | €1,304 | €857 | -€447 | -34.3% |
| Recurring financial charges | 65 | €1,304 | €857 | -€447 | -34.3% |
| Profit (loss) for the period before taxes | 9903 | €44,611 | €41,323 | -€3,288 | -7.4% |
| Income taxes | 67/77 | €12,809 | €11,993 | -€816 | -6.4% |
| Profit (loss) for the period | 9904 | €31,802 | €29,330 | -€2,472 | -7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €31,802 | €29,330 | -€2,472 | -7.8% |
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 17 October 2026 via checked.be.