Sound&Co: 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.
Sound&Co
Largest movements
- Tangible fixed assets +€182,793
up €182,793 (+61.7%), from €296,262 to €479,056
of which Other tangible fixed assets: +€114,806
- Financial fixed assets +€60,000
new in 2026: €60,000
- Receivables within one year +€53,487
up €53,487 (+19.2%), from €277,998 to €331,485
of which Trade receivables: +€47,056
- Reserves +€162,458
up €162,458 (+103%), from €158,465 to €320,923
- Debts after one year +€55,089
up €55,089 (+48.2%), from €114,355 to €169,444
- Tax, wage and social debts +€34,408
up €34,408 (+75.2%), from €45,781 to €80,189
of which Taxes: +€39,863
- Trade debts +€26,346
up €26,346 (+31.7%), from €83,228 to €109,575
- Current portion of long-term debt +€24,226
up €24,226 (+83.2%), from €29,132 to €53,357
- Gross operating margin +€58,607
up €58,607 (+10.9%), from €538,297 to €596,904
- Depreciation +€37,526
up €37,526 (+28.8%), from €130,134 to €167,660
- Staff costs +€32,547
up €32,547 (+24.1%), from €135,150 to €167,697
- Other operating charges +€19,634
up €19,634 (+268%), from €7,339 to €26,973
- Taxes +€6,580
up €6,580 (+9.9%), from €66,294 to €72,874
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €829,635 | €1,135,463 | +€305,828 | +36.9% |
| Fixed assets | 21/28 | €296,262 | €539,056 | +€242,793 | +82.0% |
| Tangible fixed assets | 22/27 | €296,262 | €479,056 | +€182,793 | +61.7% |
| Land and buildings | 22 | €27,181 | €24,916 | -€2,265 | -8.3% |
| Plant, machinery and equipment | 23 | €199,897 | €184,365 | -€15,532 | -7.8% |
| Furniture and vehicles | 24 | €63,543 | €149,327 | +€85,784 | +135% |
| Other tangible fixed assets | 26 | €5,641 | €120,447 | +€114,806 | +2,035% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | - | €60,000 | +€60,000 | |
| Current assets | 29/58 | €533,373 | €596,407 | +€63,035 | +11.8% |
| Amounts receivable after more than one year | 29 | €120,000 | €120,000 | = | 0.0% |
| Other amounts receivable | 291 | €120,000 | €120,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | - | €9,300 | +€9,300 | |
| Stocks | 30/36 | - | €9,300 | +€9,300 | |
| Amounts receivable within one year | 40/41 | €277,998 | €331,485 | +€53,487 | +19.2% |
| Trade receivables | 40 | €155,038 | €202,094 | +€47,056 | +30.4% |
| Other amounts receivable | 41 | €122,960 | €129,391 | +€6,431 | +5.2% |
| Cash at bank and in hand | 54/58 | €130,929 | €125,024 | -€5,905 | -4.5% |
| Deferred charges and accrued income | 490/1 | €4,446 | €10,599 | +€6,153 | +138% |
| Total equity and liabilities | 10/49 | €829,635 | €1,135,463 | +€305,828 | +36.9% |
| Equity | 10/15 | €525,618 | €688,076 | +€162,458 | +30.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €158,465 | €320,923 | +€162,458 | +103% |
| Distributable reserves | 133 | €158,465 | €320,923 | +€162,458 | +103% |
| Profit (loss) carried forward | 14 | €317,152 | €317,152 | = | 0.0% |
| Amounts payable | 17/49 | €304,017 | €447,387 | +€143,370 | +47.2% |
| Amounts payable after more than one year | 17 | €114,355 | €169,444 | +€55,089 | +48.2% |
| Financial debts | 170/4 | €114,355 | €169,444 | +€55,089 | +48.2% |
| Amounts payable within one year | 42/48 | €186,770 | €274,787 | +€88,017 | +47.1% |
| Current portion of amounts payable after more than one year | 42 | €29,132 | €53,357 | +€24,226 | +83.2% |
| Trade debts | 44 | €83,228 | €109,575 | +€26,346 | +31.7% |
| Suppliers | 440/4 | €83,228 | €109,575 | +€26,346 | +31.7% |
| Taxes, remuneration and social security | 45 | €45,781 | €80,189 | +€34,408 | +75.2% |
| Taxes | 450/3 | €24,559 | €64,422 | +€39,863 | +162% |
| Remuneration and social security | 454/9 | €21,222 | €15,767 | -€5,455 | -25.7% |
| Other amounts payable | 47/48 | €28,629 | €31,666 | +€3,037 | +10.6% |
| Accrued charges and deferred income | 492/3 | €2,892 | €3,156 | +€264 | +9.1% |
| Remuneration, social security and pensions | 62 | €135,150 | €167,697 | +€32,547 | +24.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €130,134 | €167,660 | +€37,526 | +28.8% |
| Other operating charges | 640/8 | €7,339 | €26,973 | +€19,634 | +268% |
| Non-recurring operating charges | 66A | €39,000 | €0 | -€39,000 | -100% |
| Gross operating margin | 9900 | €538,297 | €596,904 | +€58,607 | +10.9% |
| Operating profit (loss) | 9901 | €226,674 | €234,573 | +€7,900 | +3.5% |
| Financial income | 75/76B | €5,777 | €9,651 | +€3,875 | +67.1% |
| Recurring financial income | 75 | €5,777 | €9,651 | +€3,875 | +67.1% |
| Financial charges | 65/66B | €9,084 | €8,893 | -€191 | -2.1% |
| Recurring financial charges | 65 | €9,084 | €8,893 | -€191 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €223,366 | €235,332 | +€11,966 | +5.4% |
| Income taxes | 67/77 | €66,294 | €72,874 | +€6,580 | +9.9% |
| Profit (loss) for the period | 9904 | €157,072 | €162,458 | +€5,385 | +3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €157,072 | €162,458 | +€5,385 | +3.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.