SOUNDQ: 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.
SOUNDQ
Largest movements
- Receivables within one year -€24,098
down €24,098 (-38.7%), from €62,239 to €38,141
of which Other amounts receivable: -€18,051
- Tangible fixed assets -€16,411
down €16,411 (-26.5%), from €62,022 to €45,611
of which Plant, machinery and equipment: -€11,227
- Cash -€2,978
down €2,978 (-6.7%), from €44,538 to €41,560
mainly Other debts (-€28,234) and Investment in fixed assets (net) (-€8,871)
- Other debts -€28,234
down €28,234 (-100%), from €28,234 to €0
- Tax, wage and social debts -€7,938
down €7,938 (-42.2%), from €18,825 to €10,887
of which Taxes: -€7,938
- Short-term financial debts -€5,000
down €5,000 (-100%), from €5,000 to €0
- Debts after one year -€4,437
down €4,437 (-51.2%), from €8,662 to €4,225
- Reserves +€2,497
up €2,497 (+7.9%), from €31,708 to €34,205
- Depreciation -€10,981
down €10,981 (-30.3%), from €36,263 to €25,282
- Gross operating margin -€8,477
down €8,477 (-21.1%), from €40,202 to €31,725
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 | €168,799 | €126,513 | -€42,286 | -25.1% |
| Fixed assets | 21/28 | €62,022 | €45,611 | -€16,411 | -26.5% |
| Tangible fixed assets | 22/27 | €62,022 | €45,611 | -€16,411 | -26.5% |
| Land and buildings | 22 | €10,802 | €8,231 | -€2,571 | -23.8% |
| Plant, machinery and equipment | 23 | €37,112 | €25,885 | -€11,227 | -30.3% |
| Furniture and vehicles | 24 | €14,109 | €11,496 | -€2,614 | -18.5% |
| Current assets | 29/58 | €106,777 | €80,902 | -€25,875 | -24.2% |
| Amounts receivable within one year | 40/41 | €62,239 | €38,141 | -€24,098 | -38.7% |
| Trade receivables | 40 | €32,333 | €26,286 | -€6,047 | -18.7% |
| Other amounts receivable | 41 | €29,906 | €11,855 | -€18,051 | -60.4% |
| Cash at bank and in hand | 54/58 | €44,538 | €41,560 | -€2,978 | -6.7% |
| Deferred charges and accrued income | 490/1 | €0 | €1,201 | +€1,201 | |
| Total equity and liabilities | 10/49 | €168,799 | €126,513 | -€42,286 | -25.1% |
| Equity | 10/15 | €97,841 | €100,338 | +€2,497 | +2.6% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €31,708 | €34,205 | +€2,497 | +7.9% |
| Distributable reserves | 133 | €31,708 | €34,205 | +€2,497 | +7.9% |
| Profit (loss) carried forward | 14 | €59,833 | €59,833 | = | 0.0% |
| Amounts payable | 17/49 | €70,958 | €26,175 | -€44,783 | -63.1% |
| Amounts payable after more than one year | 17 | €8,662 | €4,225 | -€4,437 | -51.2% |
| Financial debts | 170/4 | €8,662 | €4,225 | -€4,437 | -51.2% |
| Amounts payable within one year | 42/48 | €61,296 | €20,979 | -€40,317 | -65.8% |
| Current portion of amounts payable after more than one year | 42 | €4,264 | €5,390 | +€1,127 | +26.4% |
| Financial debts | 43 | €5,000 | €0 | -€5,000 | -100% |
| Credit institutions | 430/8 | €5,000 | €0 | -€5,000 | -100% |
| Trade debts | 44 | €4,974 | €4,702 | -€272 | -5.5% |
| Suppliers | 440/4 | €4,974 | €4,702 | -€272 | -5.5% |
| Taxes, remuneration and social security | 45 | €18,825 | €10,887 | -€7,938 | -42.2% |
| Taxes | 450/3 | €18,825 | €10,887 | -€7,938 | -42.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €28,234 | €0 | -€28,234 | -100% |
| Accrued charges and deferred income | 492/3 | €1,000 | €971 | -€29 | -2.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,263 | €25,282 | -€10,981 | -30.3% |
| Other operating charges | 640/8 | €1,557 | €1,563 | +€6 | +0.4% |
| Gross operating margin | 9900 | €40,202 | €31,725 | -€8,477 | -21.1% |
| Operating profit (loss) | 9901 | €2,382 | €4,880 | +€2,498 | +105% |
| Financial income | 75/76B | €720 | €733 | +€13 | +1.8% |
| Recurring financial income | 75 | €720 | €491 | -€229 | -31.9% |
| Non-recurring financial income | 76B | - | €242 | +€242 | |
| Financial charges | 65/66B | €2,352 | €2,662 | +€310 | +13.2% |
| Recurring financial charges | 65 | €2,352 | €2,662 | +€310 | +13.2% |
| Profit (loss) for the period before taxes | 9903 | €750 | €2,951 | +€2,201 | +294% |
| Income taxes | 67/77 | €178 | €454 | +€275 | +155% |
| Profit (loss) for the period | 9904 | €572 | €2,497 | +€1,925 | +337% |
| Profit (loss) for the period to be appropriated | 9905 | €572 | €2,497 | +€1,925 | +337% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.