Soft&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&Sound
Largest movements
- Current investments +€176,986
up €176,986 (+399.2%), from €44,335 to €221,321
- Cash -€97,956
down €97,956 (-64.4%), from €152,133 to €54,177
mainly Current investments (-€176,986) and Investment in fixed assets (net) (-€57,166)
- Tangible fixed assets +€51,367
up €51,367 (+3378.6%), from €1,520 to €52,887
of which Plant, machinery and equipment: +€48,660
- Reserves +€111,597
up €111,597 (+60.3%), from €185,205 to €296,802
- Current portion of long-term debt +€19,205
new in 2025: €19,205
- Debts after one year +€11,526
new in 2025: €11,526
- Tax, wage and social debts -€9,592
down €9,592 (-46.0%), from €20,859 to €11,267
- Gross operating margin +€24,215
up €24,215 (+16.7%), from €144,639 to €168,854
- Financial income +€7,375
up €7,375 (+835.6%), from €883 to €8,258
- Taxes +€7,063
up €7,063 (+15.9%), from €44,370 to €51,433
- Depreciation +€5,410
up €5,410 (+1389.2%), from €389 to €5,799
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 | €211,812 | €343,432 | +€131,621 | +62.1% |
| Fixed assets | 21/28 | €1,520 | €52,887 | +€51,367 | +3378.6% |
| Tangible fixed assets | 22/27 | €1,520 | €52,887 | +€51,367 | +3378.6% |
| Plant, machinery and equipment | 23 | - | €48,660 | +€48,660 | |
| Furniture and vehicles | 24 | - | €3,096 | +€3,096 | |
| Other tangible fixed assets | 26 | €1,520 | €1,131 | -€389 | -25.6% |
| Current assets | 29/58 | €210,291 | €290,545 | +€80,254 | +38.2% |
| Amounts receivable within one year | 40/41 | €12,533 | €13,368 | +€835 | +6.7% |
| Trade receivables | 40 | €14 | €3,652 | +€3,638 | +25984.1% |
| Other amounts receivable | 41 | €12,519 | €9,716 | -€2,803 | -22.4% |
| Current investments | 50/53 | €44,335 | €221,321 | +€176,986 | +399.2% |
| Cash at bank and in hand | 54/58 | €152,133 | €54,177 | -€97,956 | -64.4% |
| Deferred charges and accrued income | 490/1 | €1,290 | €1,680 | +€390 | +30.2% |
| Total equity and liabilities | 10/49 | €211,812 | €343,432 | +€131,621 | +62.1% |
| Equity | 10/15 | €187,705 | €299,302 | +€111,597 | +59.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €185,205 | €296,802 | +€111,597 | +60.3% |
| Distributable reserves | 133 | €185,205 | €296,802 | +€111,597 | +60.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €24,107 | €44,130 | +€20,023 | +83.1% |
| Amounts payable after more than one year | 17 | - | €11,526 | +€11,526 | |
| Financial debts | 170/4 | - | €11,526 | +€11,526 | |
| Amounts payable within one year | 42/48 | €24,095 | €32,460 | +€8,365 | +34.7% |
| Current portion of amounts payable after more than one year | 42 | - | €19,205 | +€19,205 | |
| Financial debts | 43 | €20 | €0 | -€20 | -100.0% |
| Credit institutions | 430/8 | €20 | €0 | -€20 | -100.0% |
| Trade debts | 44 | €377 | €322 | -€55 | -14.6% |
| Suppliers | 440/4 | €377 | €322 | -€55 | -14.6% |
| Taxes, remuneration and social security | 45 | €20,859 | €11,267 | -€9,592 | -46.0% |
| Taxes | 450/3 | €20,859 | €11,267 | -€9,592 | -46.0% |
| Other amounts payable | 47/48 | €2,840 | €1,666 | -€1,174 | -41.3% |
| Accrued charges and deferred income | 492/3 | €12 | €144 | +€133 | +1145.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €389 | €5,799 | +€5,410 | +1389.2% |
| Other operating charges | 640/8 | €598 | €712 | +€114 | +19.1% |
| Gross operating margin | 9900 | €144,639 | €168,854 | +€24,215 | +16.7% |
| Operating profit (loss) | 9901 | €143,652 | €162,343 | +€18,691 | +13.0% |
| Financial income | 75/76B | €883 | €8,258 | +€7,375 | +835.6% |
| Recurring financial income | 75 | €883 | €8,258 | +€7,375 | +835.6% |
| Financial charges | 65/66B | €5,903 | €5,904 | +€1 | 0.0% |
| Recurring financial charges | 65 | €5,903 | €5,904 | +€1 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €138,631 | €164,697 | +€26,065 | +18.8% |
| Income taxes | 67/77 | €44,370 | €51,433 | +€7,063 | +15.9% |
| Profit (loss) for the period | 9904 | €94,261 | €113,263 | +€19,002 | +20.2% |
| Profit (loss) for the period to be appropriated | 9905 | €94,261 | €113,263 | +€19,002 | +20.2% |
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.