Sounds About Right: what changed
Sounds About Right
Largest movements
- Tangible fixed assets +€2,488
up €2,488 (+922%), from €270 to €2,758
of which Plant, machinery and equipment: +€1,800
- Stocks and contracts -€539
down €539 (-3.7%), from €14,431 to €13,892
- Deferred charges and accrued income -€513
no longer reported in 2025 (was €513)
- Receivables within one year +€469
up €469 (+200%), from €234 to €704
of which Other amounts receivable: +€350
- Cash -€391
down €391 (-68.8%), from €568 to €177
mainly Net result for the year (-€4,154) and Investment in fixed assets (net) (-€2,600)
- Profit (loss) carried forward -€4,154
down €4,154 (-28.6%), from -€14,515 to -€18,669
- Trade debts +€3,176
up €3,176 (+24.0%), from €13,236 to €16,411
- Other debts +€2,494
up €2,494 (+16.3%), from €15,295 to €17,789
- Financial income -€2,481
down €2,481 (-100.0%), from €2,481 to €1
of which Non-recurring financial income: -€2,481
- Gross operating margin +€1,141
up €1,141 (+23.0%), from -€4,966 to -€3,825
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 | €16,016 | €17,531 | +€1,515 | +9.5% |
| Fixed assets | 21/28 | €270 | €2,758 | +€2,488 | +922% |
| Tangible fixed assets | 22/27 | €270 | €2,758 | +€2,488 | +922% |
| Plant, machinery and equipment | 23 | - | €1,800 | +€1,800 | |
| Furniture and vehicles | 24 | €270 | €958 | +€688 | +255% |
| Current assets | 29/58 | €15,747 | €14,773 | -€973 | -6.2% |
| Stocks and contracts in progress | 3 | €14,431 | €13,892 | -€539 | -3.7% |
| Stocks | 30/36 | €14,431 | €13,892 | -€539 | -3.7% |
| Amounts receivable within one year | 40/41 | €234 | €704 | +€469 | +200% |
| Trade receivables | 40 | - | €119 | +€119 | |
| Other amounts receivable | 41 | €234 | €585 | +€350 | +149% |
| Cash at bank and in hand | 54/58 | €568 | €177 | -€391 | -68.8% |
| Deferred charges and accrued income | 490/1 | €513 | - | -€513 | |
| Total equity and liabilities | 10/49 | €16,016 | €17,531 | +€1,515 | +9.5% |
| Equity | 10/15 | -€12,515 | -€16,669 | -€4,154 | -33.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,515 | -€18,669 | -€4,154 | -28.6% |
| Amounts payable | 17/49 | €28,531 | €34,200 | +€5,669 | +19.9% |
| Amounts payable within one year | 42/48 | €28,531 | €34,200 | +€5,669 | +19.9% |
| Trade debts | 44 | €13,236 | €16,411 | +€3,176 | +24.0% |
| Suppliers | 440/4 | €13,236 | €16,411 | +€3,176 | +24.0% |
| Other amounts payable | 47/48 | €15,295 | €17,789 | +€2,494 | +16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €112 | €112 | = | 0.0% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | -€4,966 | -€3,825 | +€1,141 | +23.0% |
| Operating profit (loss) | 9901 | -€5,196 | -€4,057 | +€1,139 | +21.9% |
| Financial income | 75/76B | €2,481 | €1 | -€2,481 | -100.0% |
| Recurring financial income | 75 | €2,481 | €1 | -€2,481 | -100.0% |
| Non-recurring financial income | 76B | €2,481 | - | -€2,481 | |
| Financial charges | 65/66B | €53 | €98 | +€45 | +85.7% |
| Recurring financial charges | 65 | €53 | €98 | +€45 | +85.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,767 | -€4,154 | -€1,387 | -50.1% |
| Profit (loss) for the period | 9904 | -€2,767 | -€4,154 | -€1,387 | -50.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,767 | -€4,154 | -€1,387 | -50.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.