SOUND ODYSSEY: what changed
SOUND ODYSSEY
Largest movements
- Cash -€42,953
down €42,953 (-71.3%), from €60,201 to €17,249
mainly Investment in fixed assets (net) (-€58,055) and Tax, wage and social debts (-€19,923)
- Tangible fixed assets +€40,301
up €40,301 (+79.2%), from €50,876 to €91,177
of which Furniture and vehicles: +€39,683
- Receivables within one year +€10,803
up €10,803 (+481%), from €2,244 to €13,046
of which Other amounts receivable: +€12,383
- Stocks and contracts -€6,345
down €6,345 (-2.6%), from €240,035 to €233,690
- Other debts +€27,787
up €27,787 (+10.3%), from €269,886 to €297,674
- Tax, wage and social debts -€19,923
down €19,923 (-64.6%), from €30,845 to €10,922
of which Taxes: -€20,113
- Profit (loss) carried forward -€8,454
down €8,454 (-17.5%), from €48,300 to €39,846
- Gross operating margin -€54,504
down €54,504 (-82.0%), from €66,469 to €11,965
- Taxes -€16,721
down €16,721 (-99.3%), from €16,838 to €117
- Depreciation +€8,594
up €8,594 (+93.8%), from €9,161 to €17,754
- Staff costs +€2,893
new in 2025: €2,893
- Financial income -€2,847
down €2,847 (-72.2%), from €3,944 to €1,097
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €355,401 | €358,238 | +€2,838 | +0.8% |
| Fixed assets | 21/28 | €50,876 | €91,177 | +€40,301 | +79.2% |
| Tangible fixed assets | 22/27 | €50,876 | €91,177 | +€40,301 | +79.2% |
| Plant, machinery and equipment | 23 | €1,964 | €3,500 | +€1,536 | +78.2% |
| Furniture and vehicles | 24 | €26,357 | €66,040 | +€39,683 | +151% |
| Other tangible fixed assets | 26 | €22,555 | €21,637 | -€918 | -4.1% |
| Current assets | 29/58 | €304,525 | €267,061 | -€37,464 | -12.3% |
| Stocks and contracts in progress | 3 | €240,035 | €233,690 | -€6,345 | -2.6% |
| Stocks | 30/36 | €240,035 | €233,690 | -€6,345 | -2.6% |
| Amounts receivable within one year | 40/41 | €2,244 | €13,046 | +€10,803 | +481% |
| Trade receivables | 40 | €2,244 | €664 | -€1,580 | -70.4% |
| Other amounts receivable | 41 | - | €12,383 | +€12,383 | |
| Cash at bank and in hand | 54/58 | €60,201 | €17,249 | -€42,953 | -71.3% |
| Deferred charges and accrued income | 490/1 | €2,045 | €3,076 | +€1,031 | +50.4% |
| Total equity and liabilities | 10/49 | €355,401 | €358,238 | +€2,838 | +0.8% |
| Equity | 10/15 | €53,300 | €44,846 | -€8,454 | -15.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,300 | €39,846 | -€8,454 | -17.5% |
| Amounts payable | 17/49 | €302,101 | €313,393 | +€11,292 | +3.7% |
| Amounts payable within one year | 42/48 | €302,101 | €313,393 | +€11,292 | +3.7% |
| Trade debts | 44 | €1,369 | €4,796 | +€3,427 | +250% |
| Suppliers | 440/4 | €1,369 | €4,796 | +€3,427 | +250% |
| Taxes, remuneration and social security | 45 | €30,845 | €10,922 | -€19,923 | -64.6% |
| Taxes | 450/3 | €30,845 | €10,732 | -€20,113 | -65.2% |
| Remuneration and social security | 454/9 | - | €190 | +€190 | |
| Other amounts payable | 47/48 | €269,886 | €297,674 | +€27,787 | +10.3% |
| Non-recurring operating income | 76A | - | €11,500 | +€11,500 | |
| Remuneration, social security and pensions | 62 | - | €2,893 | +€2,893 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,161 | €17,754 | +€8,594 | +93.8% |
| Other operating charges | 640/8 | €1,230 | €496 | -€733 | -59.6% |
| Gross operating margin | 9900 | €66,469 | €11,965 | -€54,504 | -82.0% |
| Operating profit (loss) | 9901 | €56,079 | -€9,179 | -€65,257 | |
| Financial income | 75/76B | €3,944 | €1,097 | -€2,847 | -72.2% |
| Recurring financial income | 75 | €3,944 | €1,097 | -€2,847 | -72.2% |
| Financial charges | 65/66B | €430 | €255 | -€176 | -40.8% |
| Recurring financial charges | 65 | €430 | €255 | -€176 | -40.8% |
| Profit (loss) for the period before taxes | 9903 | €59,592 | -€8,337 | -€67,929 | |
| Income taxes | 67/77 | €16,838 | €117 | -€16,721 | -99.3% |
| Profit (loss) for the period | 9904 | €42,754 | -€8,454 | -€51,208 | |
| Profit (loss) for the period to be appropriated | 9905 | €42,754 | -€8,454 | -€51,208 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.