SOUNDSPLASH: what changed
Two fiscal 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.
SOUNDSPLASH
Largest movements
- Tangible fixed assets +€41,821
up €41,821 (+147.1%), from €28,430 to €70,251
of which Furniture and vehicles: +€36,641
- Cash -€17,261
down €17,261 (-80.1%), from €21,562 to €4,301
mainly Investment in fixed assets (net) (-€60,335) and Tax, wage and social debts (-€8,189)
- Receivables within one year +€5,983
up €5,983 (+6.8%), from €88,340 to €94,323
of which Trade receivables: +€5,950
- Debts after one year +€31,672
up €31,672 (+54.5%), from €58,120 to €89,792
- Tax, wage and social debts -€8,189
down €8,189 (-54.0%), from €15,153 to €6,963
of which Taxes: -€9,982
- Current portion of long-term debt +€6,971
new in 2024: €6,971
- Trade debts -€5,069
down €5,069 (-9.4%), from €53,808 to €48,739
- Other debts +€4,817
new in 2024: €4,817
- Gross operating margin +€23,592
up €23,592 (+109.8%), from €21,485 to €45,077
- Staff costs +€19,724
new in 2024: €19,724
- Other operating charges +€2,144
up €2,144 (+203.4%), from €1,054 to €3,197
- Depreciation +€1,161
up €1,161 (+6.7%), from €17,353 to €18,514
- Financial charges +€792
up €792 (+38.9%), from €2,034 to €2,826
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.
Cash bridge derived
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 | €138,331 | €169,670 | +€31,339 | +22.7% |
| Fixed assets | 21/28 | €28,430 | €70,251 | +€41,821 | +147.1% |
| Tangible fixed assets | 22/27 | €28,430 | €70,251 | +€41,821 | +147.1% |
| Land and buildings | 22 | €2,577 | €3,869 | +€1,292 | +50.1% |
| Plant, machinery and equipment | 23 | €20,833 | €24,721 | +€3,888 | +18.7% |
| Furniture and vehicles | 24 | €5,020 | €41,661 | +€36,641 | +730.0% |
| Current assets | 29/58 | €109,901 | €99,419 | -€10,482 | -9.5% |
| Amounts receivable within one year | 40/41 | €88,340 | €94,323 | +€5,983 | +6.8% |
| Trade receivables | 40 | €88,255 | €94,205 | +€5,950 | +6.7% |
| Other amounts receivable | 41 | €84 | €118 | +€34 | +40.1% |
| Cash at bank and in hand | 54/58 | €21,562 | €4,301 | -€17,261 | -80.1% |
| Deferred charges and accrued income | 490/1 | - | €795 | +€795 | |
| Total equity and liabilities | 10/49 | €138,331 | €169,670 | +€31,339 | +22.7% |
| Equity | 10/15 | €10,872 | €11,828 | +€956 | +8.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €5,872 | €6,828 | +€956 | +16.3% |
| Distributable reserves | 133 | €5,872 | €6,828 | +€956 | +16.3% |
| Amounts payable | 17/49 | €127,459 | €157,842 | +€30,383 | +23.8% |
| Amounts payable after more than one year | 17 | €58,120 | €89,792 | +€31,672 | +54.5% |
| Financial debts | 170/4 | €58,120 | €89,792 | +€31,672 | +54.5% |
| Amounts payable within one year | 42/48 | €68,960 | €67,489 | -€1,471 | -2.1% |
| Current portion of amounts payable after more than one year | 42 | - | €6,971 | +€6,971 | |
| Trade debts | 44 | €53,808 | €48,739 | -€5,069 | -9.4% |
| Suppliers | 440/4 | €53,808 | €48,739 | -€5,069 | -9.4% |
| Taxes, remuneration and social security | 45 | €15,153 | €6,963 | -€8,189 | -54.0% |
| Taxes | 450/3 | €15,153 | €5,171 | -€9,982 | -65.9% |
| Remuneration and social security | 454/9 | - | €1,793 | +€1,793 | |
| Other amounts payable | 47/48 | - | €4,817 | +€4,817 | |
| Accrued charges and deferred income | 492/3 | €379 | €561 | +€182 | +48.1% |
| Remuneration, social security and pensions | 62 | - | €19,724 | +€19,724 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,353 | €18,514 | +€1,161 | +6.7% |
| Other operating charges | 640/8 | €1,054 | €3,197 | +€2,144 | +203.4% |
| Gross operating margin | 9900 | €21,485 | €45,077 | +€23,592 | +109.8% |
| Operating profit (loss) | 9901 | €3,079 | €3,642 | +€563 | +18.3% |
| Financial income | 75/76B | €11 | €140 | +€130 | +1231.2% |
| Recurring financial income | 75 | €11 | €140 | +€130 | +1231.2% |
| Financial charges | 65/66B | €2,034 | €2,826 | +€792 | +38.9% |
| Recurring financial charges | 65 | €2,034 | €2,826 | +€792 | +38.9% |
| Profit (loss) for the period before taxes | 9903 | €1,055 | €956 | -€99 | -9.4% |
| Profit (loss) for the period | 9904 | €1,055 | €956 | -€99 | -9.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,055 | €956 | -€99 | -9.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.