SOUND & LIGHT ENGINEERING: 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 & LIGHT ENGINEERING
Largest movements
- Stocks and contracts +€334,063
up €334,063 (+14.3%), from €2.3m to €2.7m
- Receivables within one year -€237,068
down €237,068 (-69.1%), from €342,980 to €105,912
of which Trade receivables: -€257,304
- Cash +€181,760
up €181,760 (+11,539%), from €1,575 to €183,336
mainly Net result for the year (+€459,183) and Receivables within one year (+€237,068)
- Tangible fixed assets -€61,958
down €61,958 (-37.3%), from €166,071 to €104,113
of which Plant, machinery and equipment: -€44,951
- Profit (loss) carried forward +€459,183
up €459,183 (+35.5%), from €1.3m to €1.8m
- Trade debts -€126,386
down €126,386 (-30.1%), from €420,507 to €294,121
- Tax, wage and social debts -€116,073
down €116,073 (-33.7%), from €344,742 to €228,668
- Other debts -€67,805
no longer reported in 2024 (was €67,805)
- Current portion of long-term debt +€41,470
up €41,470 (+17.6%), from €236,230 to €277,700
- Financial charges +€123,394
up €123,394 (+975%), from €12,659 to €136,052
- Gross operating margin +€76,911
up €76,911 (+9.8%), from €781,402 to €858,313
- Taxes +€66,024
up €66,024 (+59.0%), from €111,968 to €177,992
- Write-downs -€56,553
down €56,553 (-64.7%), from €87,377 to €30,824
- Depreciation -€21,406
down €21,406 (-31.2%), from €68,688 to €47,282
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,851,464 | €3,080,809 | +€229,345 | +8.0% |
| Fixed assets | 21/28 | €169,971 | €108,013 | -€61,958 | -36.5% |
| Tangible fixed assets | 22/27 | €166,071 | €104,113 | -€61,958 | -37.3% |
| Land and buildings | 22 | €845 | €634 | -€211 | -25.0% |
| Plant, machinery and equipment | 23 | €91,440 | €46,489 | -€44,951 | -49.2% |
| Furniture and vehicles | 24 | €16,256 | €19,290 | +€3,034 | +18.7% |
| Other tangible fixed assets | 26 | €57,530 | €37,700 | -€19,831 | -34.5% |
| Financial fixed assets | 28 | €3,900 | €3,900 | = | 0.0% |
| Current assets | 29/58 | €2,681,493 | €2,972,796 | +€291,303 | +10.9% |
| Stocks and contracts in progress | 3 | €2,331,471 | €2,665,535 | +€334,063 | +14.3% |
| Stocks | 30/36 | €2,331,471 | €2,665,535 | +€334,063 | +14.3% |
| Amounts receivable within one year | 40/41 | €342,980 | €105,912 | -€237,068 | -69.1% |
| Trade receivables | 40 | €341,812 | €84,508 | -€257,304 | -75.3% |
| Other amounts receivable | 41 | €1,168 | €21,404 | +€20,236 | +1,732% |
| Cash at bank and in hand | 54/58 | €1,575 | €183,336 | +€181,760 | +11,539% |
| Deferred charges and accrued income | 490/1 | €5,466 | €18,014 | +€12,548 | +230% |
| Total equity and liabilities | 10/49 | €2,851,464 | €3,080,809 | +€229,345 | +8.0% |
| Equity | 10/15 | €1,313,815 | €1,772,998 | +€459,183 | +35.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,293,355 | €1,752,538 | +€459,183 | +35.5% |
| Amounts payable | 17/49 | €1,537,649 | €1,307,811 | -€229,838 | -14.9% |
| Amounts payable after more than one year | 17 | €467,643 | €507,322 | +€39,679 | +8.5% |
| Financial debts | 170/4 | €467,643 | €507,322 | +€39,679 | +8.5% |
| Amounts payable within one year | 42/48 | €1,069,283 | €800,489 | -€268,794 | -25.1% |
| Current portion of amounts payable after more than one year | 42 | €236,230 | €277,700 | +€41,470 | +17.6% |
| Trade debts | 44 | €420,507 | €294,121 | -€126,386 | -30.1% |
| Suppliers | 440/4 | €420,507 | €294,121 | -€126,386 | -30.1% |
| Taxes, remuneration and social security | 45 | €344,742 | €228,668 | -€116,073 | -33.7% |
| Taxes | 450/3 | €344,742 | €228,668 | -€116,073 | -33.7% |
| Other amounts payable | 47/48 | €67,805 | - | -€67,805 | |
| Accrued charges and deferred income | 492/3 | €722 | - | -€722 | |
| Remuneration, social security and pensions | 62 | €3,586 | €7,699 | +€4,114 | +115% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,688 | €47,282 | -€21,406 | -31.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €87,377 | €30,824 | -€56,553 | -64.7% |
| Other operating charges | 640/8 | €19,775 | €5,536 | -€14,238 | -72.0% |
| Non-recurring operating charges | 66A | €20,168 | - | -€20,168 | |
| Gross operating margin | 9900 | €781,402 | €858,313 | +€76,911 | +9.8% |
| Operating profit (loss) | 9901 | €581,809 | €766,972 | +€185,163 | +31.8% |
| Financial income | 75/76B | €1,602 | €6,255 | +€4,654 | +291% |
| Recurring financial income | 75 | €1,602 | €6,255 | +€4,654 | +291% |
| Financial charges | 65/66B | €12,659 | €136,052 | +€123,394 | +975% |
| Recurring financial charges | 65 | €12,659 | €136,052 | +€123,394 | +975% |
| Profit (loss) for the period before taxes | 9903 | €570,752 | €637,175 | +€66,422 | +11.6% |
| Income taxes | 67/77 | €111,968 | €177,992 | +€66,024 | +59.0% |
| Profit (loss) for the period | 9904 | €458,784 | €459,183 | +€399 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €458,784 | €459,183 | +€399 | +0.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.