Songbird: 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.
Songbird
Largest movements
- Tangible fixed assets +€17,835
up €17,835 (+27.4%), from €65,192 to €83,027
of which Furniture and vehicles: +€29,501
- Current investments +€10,000
new in 2025: €10,000
- Cash -€7,035
down €7,035 (-10.6%), from €66,231 to €59,196
mainly Investment in fixed assets (net) (-€34,508) and Contributions, distributions and other (-€17,551)
- Receivables within one year +€2,943
up €2,943 (+2.5%), from €115,756 to €118,699
of which Other amounts receivable: +€15,629
- Reserves +€17,226
up €17,226 (+8.5%), from €203,032 to €220,258
of which Distributable reserves: +€17,226
- Tax, wage and social debts +€8,706
up €8,706 (+288%), from €3,019 to €11,725
- Gross operating margin +€37,263
up €37,263 (+80.0%), from €46,588 to €83,850
- Taxes +€21,506
up €21,506 (+151%), from €14,286 to €35,791
- Depreciation +€4,385
up €4,385 (+35.7%), from €12,289 to €16,674
- Financial income +€1,460
up €1,460 (+41.7%), from €3,501 to €4,961
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 | €247,180 | €271,642 | +€24,462 | +9.9% |
| Fixed assets | 21/28 | €65,192 | €83,027 | +€17,835 | +27.4% |
| Tangible fixed assets | 22/27 | €65,192 | €83,027 | +€17,835 | +27.4% |
| Land and buildings | 22 | €60,121 | €49,190 | -€10,931 | -18.2% |
| Plant, machinery and equipment | 23 | €2,228 | €1,492 | -€735 | -33.0% |
| Furniture and vehicles | 24 | €2,843 | €32,344 | +€29,501 | +1,038% |
| Current assets | 29/58 | €181,988 | €188,615 | +€6,627 | +3.6% |
| Amounts receivable within one year | 40/41 | €115,756 | €118,699 | +€2,943 | +2.5% |
| Trade receivables | 40 | €14,388 | €1,703 | -€12,686 | -88.2% |
| Other amounts receivable | 41 | €101,368 | €116,997 | +€15,629 | +15.4% |
| Current investments | 50/53 | - | €10,000 | +€10,000 | |
| Cash at bank and in hand | 54/58 | €66,231 | €59,196 | -€7,035 | -10.6% |
| Deferred charges and accrued income | 490/1 | - | €720 | +€720 | |
| Total equity and liabilities | 10/49 | €247,180 | €271,642 | +€24,462 | +9.9% |
| Equity | 10/15 | €242,180 | €259,406 | +€17,226 | +7.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €203,032 | €220,258 | +€17,226 | +8.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,188 | €6,188 | = | 0.0% |
| Distributable reserves | 133 | €194,984 | €212,210 | +€17,226 | +8.8% |
| Profit (loss) carried forward | 14 | €26,748 | €26,748 | = | 0.0% |
| Amounts payable | 17/49 | €5,000 | €12,236 | +€7,236 | +145% |
| Amounts payable within one year | 42/48 | €5,000 | €12,236 | +€7,236 | +145% |
| Trade debts | 44 | €1,980 | €510 | -€1,470 | -74.2% |
| Suppliers | 440/4 | €1,980 | €510 | -€1,470 | -74.2% |
| Taxes, remuneration and social security | 45 | €3,019 | €11,725 | +€8,706 | +288% |
| Taxes | 450/3 | €3,019 | €11,725 | +€8,706 | +288% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €15,616 | +€15,616 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,289 | €16,674 | +€4,385 | +35.7% |
| Other operating charges | 640/8 | €1,528 | €1,409 | -€119 | -7.8% |
| Gross operating margin | 9900 | €46,588 | €83,850 | +€37,263 | +80.0% |
| Operating profit (loss) | 9901 | €32,770 | €65,768 | +€32,997 | +101% |
| Financial income | 75/76B | €3,501 | €4,961 | +€1,460 | +41.7% |
| Recurring financial income | 75 | €3,501 | €4,961 | +€1,460 | +41.7% |
| Financial charges | 65/66B | €81 | €160 | +€79 | +97.1% |
| Recurring financial charges | 65 | €81 | €160 | +€79 | +97.1% |
| Profit (loss) for the period before taxes | 9903 | €36,190 | €70,569 | +€34,379 | +95.0% |
| Income taxes | 67/77 | €14,286 | €35,791 | +€21,506 | +151% |
| Profit (loss) for the period | 9904 | €21,904 | €34,777 | +€12,874 | +58.8% |
| Profit (loss) for the period to be appropriated | 9905 | €21,904 | €34,777 | +€12,874 | +58.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.