Solemn Tones: what changed
What changed
Solemn Tones
NACE 47.400, Retail sale of information and communication equipment
filed annual accounts (NBB)
Net result for the year
€133,710
2024 · €191,312-€57,602
Equity
€301,423
2024 · €285,361+€16,063
Cash
€115,152
2024 · €451,386-€336,234
Balance sheet total
€353,041
2024 · €605,407-€252,366
Largest movements
Assets
- Cash -€336,234
down €336,234 (-74.5%), from €451,386 to €115,152
mainly Other debts (-€207,950) and Investment in fixed assets (net) (-€129,137)
- Tangible fixed assets +€71,294
up €71,294 (+197%), from €36,198 to €107,493
of which Other tangible fixed assets: +€40,616
- Intangible fixed assets +€17,985
up €17,985 (+22.7%), from €79,247 to €97,232
- Stocks and contracts -€6,337
down €6,337 (-30.7%), from €20,661 to €14,324
Equity and liabilities
- Other debts -€207,950
down €207,950 (-89.0%), from €233,619 to €25,669
- Tax, wage and social debts -€36,676
down €36,676 (-79.9%), from €45,900 to €9,224
of which Taxes: -€36,694
- Accrued charges and deferred income -€19,569
down €19,569 (-100%), from €19,569 to €0
- Reserves +€16,063
up €16,063 (+6.0%), from €266,761 to €282,823
Income statement
- Gross operating margin -€74,119
down €74,119 (-24.4%), from €303,940 to €229,820
- Taxes -€19,598
down €19,598 (-34.7%), from €56,553 to €36,955
- Depreciation +€7,215
up €7,215 (+22.1%), from €32,643 to €39,858
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.
Result 2024
€191,312
Gross operating margin
-€74,119
Staff costs
+€51
Depreciation
-€7,215
Other operating charges
-€12
Financial income
+€2,508
Financial charges
+€1,588
Taxes
+€19,598
Result 2025
€133,710
raises the resultlowers the result
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.
From operations
-€86,799
Investment
-€129,137
Financing
-€120,297
Cash 2024
€451,386
From operations (derived)
-€86,799
Net result for the year
+€133,710
Depreciation
+€39,858
Stocks and contracts
+€6,337
Receivables within one year
+€1,228
Deferred charges and accrued income
-€2,153
Trade debts
-€1,584
Tax, wage and social debts
-€36,676
Other debts
-€207,950
Accrued charges and deferred income
-€19,569
Investment (derived)
-€129,137
Investment in fixed assets (net)
-€129,137
Financing
-€120,297
Short-term financial debts
-€2,650
Contributions, distributions and other
-€117,647
Cash 2025
€115,152
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €605,407 | €353,041 | -€252,366 | -41.7% |
| Fixed assets | 21/28 | €115,475 | €204,754 | +€89,279 | +77.3% |
| Intangible fixed assets | 21 | €79,247 | €97,232 | +€17,985 | +22.7% |
| Tangible fixed assets | 22/27 | €36,198 | €107,493 | +€71,294 | +197% |
| Plant, machinery and equipment | 23 | €25,183 | €19,308 | -€5,875 | -23.3% |
| Furniture and vehicles | 24 | €4,626 | €41,179 | +€36,553 | +790% |
| Other tangible fixed assets | 26 | €6,389 | €47,005 | +€40,616 | +636% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €489,932 | €148,287 | -€341,645 | -69.7% |
| Stocks and contracts in progress | 3 | €20,661 | €14,324 | -€6,337 | -30.7% |
| Stocks | 30/36 | €20,661 | €14,324 | -€6,337 | -30.7% |
| Amounts receivable within one year | 40/41 | €15,018 | €13,790 | -€1,228 | -8.2% |
| Trade receivables | 40 | €308 | €0 | -€308 | -100% |
| Other amounts receivable | 41 | €14,710 | €13,790 | -€920 | -6.3% |
| Cash at bank and in hand | 54/58 | €451,386 | €115,152 | -€336,234 | -74.5% |
| Deferred charges and accrued income | 490/1 | €2,867 | €5,021 | +€2,153 | +75.1% |
| Total equity and liabilities | 10/49 | €605,407 | €353,041 | -€252,366 | -41.7% |
| Equity | 10/15 | €285,361 | €301,423 | +€16,063 | +5.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €266,761 | €282,823 | +€16,063 | +6.0% |
| Distributable reserves | 133 | €266,761 | €282,823 | +€16,063 | +6.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €320,046 | €51,618 | -€268,429 | -83.9% |
| Amounts payable within one year | 42/48 | €300,478 | €51,618 | -€248,860 | -82.8% |
| Financial debts | 43 | €3,153 | €503 | -€2,650 | -84.1% |
| Credit institutions | 430/8 | €3,153 | €503 | -€2,650 | -84.1% |
| Trade debts | 44 | €17,806 | €16,222 | -€1,584 | -8.9% |
| Suppliers | 440/4 | €17,806 | €16,222 | -€1,584 | -8.9% |
| Taxes, remuneration and social security | 45 | €45,900 | €9,224 | -€36,676 | -79.9% |
| Taxes | 450/3 | €42,925 | €6,232 | -€36,694 | -85.5% |
| Remuneration and social security | 454/9 | €2,974 | €2,992 | +€18 | +0.6% |
| Other amounts payable | 47/48 | €233,619 | €25,669 | -€207,950 | -89.0% |
| Accrued charges and deferred income | 492/3 | €19,569 | €0 | -€19,569 | -100% |
| Non-recurring operating income | 76A | €1,275 | €0 | -€1,275 | -100% |
| Remuneration, social security and pensions | 62 | €51 | €0 | -€51 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,643 | €39,858 | +€7,215 | +22.1% |
| Other operating charges | 640/8 | €512 | €525 | +€12 | +2.4% |
| Gross operating margin | 9900 | €303,940 | €229,820 | -€74,119 | -24.4% |
| Operating profit (loss) | 9901 | €270,734 | €189,438 | -€81,296 | -30.0% |
| Financial income | 75/76B | €3,172 | €5,680 | +€2,508 | +79.1% |
| Recurring financial income | 75 | €3,172 | €5,680 | +€2,508 | +79.1% |
| Financial charges | 65/66B | €26,041 | €24,453 | -€1,588 | -6.1% |
| Recurring financial charges | 65 | €26,041 | €24,453 | -€1,588 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €247,865 | €170,665 | -€77,200 | -31.1% |
| Income taxes | 67/77 | €56,553 | €36,955 | -€19,598 | -34.7% |
| Profit (loss) for the period | 9904 | €191,312 | €133,710 | -€57,602 | -30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €191,312 | €133,710 | -€57,602 | -30.1% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.