SOUNDSTATION: 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.
SOUNDSTATION
Largest movements
- Cash +€23,401
up €23,401 (+45.1%), from €51,876 to €75,277
mainly Net result for the year (+€26,160) and Receivables within one year (+€17,712)
- Tangible fixed assets +€22,624
up €22,624 (+279.7%), from €8,088 to €30,712
of which Leasing and similar rights: +€28,101
- Receivables within one year -€17,712
down €17,712 (-36.0%), from €49,183 to €31,471
of which Trade receivables: -€20,749
- Reserves +€24,494
up €24,494 (+28.7%), from €85,484 to €109,978
- Debts after one year +€5,671
up €5,671 (+37.8%), from €15,000 to €20,671
of which Financial debts: +€20,671
- Tax, wage and social debts -€5,420
down €5,420 (-24.3%), from €22,312 to €16,892
of which Taxes: -€9,889
- Other debts -€4,759
down €4,759 (-64.1%), from €7,428 to €2,669
- Trade debts +€4,553
up €4,553 (+77.5%), from €5,878 to €10,432
- Gross operating margin -€22,324
down €22,324 (-32.4%), from €68,985 to €46,662
- Taxes -€7,794
down €7,794 (-41.1%), from €18,955 to €11,161
- Other operating charges +€979
up €979 (+24.4%), from €4,010 to €4,988
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.
Cash bridge derived
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 | €167,305 | €194,733 | +€27,428 | +16.4% |
| Fixed assets | 21/28 | €8,088 | €30,712 | +€22,624 | +279.7% |
| Tangible fixed assets | 22/27 | €8,088 | €30,712 | +€22,624 | +279.7% |
| Plant, machinery and equipment | 23 | €3,423 | €1,610 | -€1,813 | -53.0% |
| Furniture and vehicles | 24 | €2,993 | - | -€2,993 | |
| Leasing and similar rights | 25 | - | €28,101 | +€28,101 | |
| Other tangible fixed assets | 26 | €1,672 | €1,001 | -€671 | -40.2% |
| Current assets | 29/58 | €159,217 | €164,021 | +€4,804 | +3.0% |
| Stocks and contracts in progress | 3 | €57,829 | €56,938 | -€891 | -1.5% |
| Stocks | 30/36 | €57,829 | €56,938 | -€891 | -1.5% |
| Amounts receivable within one year | 40/41 | €49,183 | €31,471 | -€17,712 | -36.0% |
| Trade receivables | 40 | €49,183 | €28,434 | -€20,749 | -42.2% |
| Other amounts receivable | 41 | - | €3,037 | +€3,037 | |
| Cash at bank and in hand | 54/58 | €51,876 | €75,277 | +€23,401 | +45.1% |
| Deferred charges and accrued income | 490/1 | €329 | €335 | +€6 | +1.8% |
| Total equity and liabilities | 10/49 | €167,305 | €194,733 | +€27,428 | +16.4% |
| Equity | 10/15 | €115,484 | €139,978 | +€24,494 | +21.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €85,484 | €109,978 | +€24,494 | +28.7% |
| Distributable reserves | 133 | €85,484 | €109,978 | +€24,494 | +28.7% |
| Amounts payable | 17/49 | €51,821 | €54,754 | +€2,933 | +5.7% |
| Amounts payable after more than one year | 17 | €15,000 | €20,671 | +€5,671 | +37.8% |
| Financial debts | 170/4 | - | €20,671 | +€20,671 | |
| Other amounts payable | 178/9 | €15,000 | - | -€15,000 | |
| Amounts payable within one year | 42/48 | €35,618 | €34,038 | -€1,580 | -4.4% |
| Current portion of amounts payable after more than one year | 42 | - | €4,045 | +€4,045 | |
| Trade debts | 44 | €5,878 | €10,432 | +€4,553 | +77.5% |
| Suppliers | 440/4 | €5,878 | €10,432 | +€4,553 | +77.5% |
| Taxes, remuneration and social security | 45 | €22,312 | €16,892 | -€5,420 | -24.3% |
| Taxes | 450/3 | €22,312 | €12,423 | -€9,889 | -44.3% |
| Remuneration and social security | 454/9 | - | €4,470 | +€4,470 | |
| Other amounts payable | 47/48 | €7,428 | €2,669 | -€4,759 | -64.1% |
| Accrued charges and deferred income | 492/3 | €1,203 | €46 | -€1,157 | -96.2% |
| Non-recurring operating income | 76A | - | €2,007 | +€2,007 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,579 | €5,263 | -€316 | -5.7% |
| Other operating charges | 640/8 | €4,010 | €4,988 | +€979 | +24.4% |
| Non-recurring operating charges | 66A | - | €52 | +€52 | |
| Gross operating margin | 9900 | €68,985 | €46,662 | -€22,324 | -32.4% |
| Operating profit (loss) | 9901 | €59,397 | €36,358 | -€23,039 | -38.8% |
| Financial income | 75/76B | €2,077 | €2,271 | +€194 | +9.3% |
| Recurring financial income | 75 | €2,077 | €2,271 | +€194 | +9.3% |
| Financial charges | 65/66B | €1,986 | €1,308 | -€678 | -34.2% |
| Recurring financial charges | 65 | €1,986 | €1,308 | -€678 | -34.2% |
| Profit (loss) for the period before taxes | 9903 | €59,488 | €37,321 | -€22,166 | -37.3% |
| Income taxes | 67/77 | €18,955 | €11,161 | -€7,794 | -41.1% |
| Profit (loss) for the period | 9904 | €40,532 | €26,160 | -€14,372 | -35.5% |
| Profit (loss) for the period to be appropriated | 9905 | €40,532 | €26,160 | -€14,372 | -35.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.