SoundTalks: 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.
SoundTalks
Largest movements
- Intangible fixed assets -€132,613
down €132,613 (-29.7%), from €446,886 to €314,273
- Financial fixed assets +€75,616
up €75,616 (+164.7%), from €45,912 to €121,528
- Cash -€73,708
down €73,708 (-6.7%), from €1.1m to €1.0m
mainly Net result for the year (-€1.0m) and Advances received (-€955,242)
- Tangible fixed assets -€71,042
down €71,042 (-32.6%), from €217,738 to €146,696
- Stocks and contracts +€51,625
up €51,625 (+11.1%), from €463,427 to €515,053
- Contributions +€2.0m
up €2.0m (+32.7%), from €6.1m to €8.1m
- Profit (loss) carried forward -€1.0m
down €1.0m (-20.8%), from -€4.9m to -€5.9m
- Advances received -€955,242
no longer reported in 2025 (was €955,242)
- Trade debts -€142,120
down €142,120 (-62.9%), from €225,769 to €83,649
- Accrued charges and deferred income -€28,381
down €28,381 (-38.4%), from €73,929 to €45,547
- Financial income -€7.2m
down €7.2m (-90.4%), from €7.9m to €760,670
of which Financial income: -€7.2m
- Write-downs -€1.4m
no longer reported in 2025 (was €1.4m)
- Depreciation -€990,717
down €990,717 (-75.4%), from €1.3m to €322,536
- Gross operating margin -€587,118
down €587,118, from €156,915 to -€430,202
- Staff costs -€209,027
down €209,027 (-17.3%), from €1.2m to €1.0m
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 | €2,643,914 | €2,516,138 | -€127,775 | -4.8% |
| Fixed assets | 21/28 | €710,536 | €582,497 | -€128,039 | -18.0% |
| Intangible fixed assets | 21 | €446,886 | €314,273 | -€132,613 | -29.7% |
| Tangible fixed assets | 22/27 | €217,738 | €146,696 | -€71,042 | -32.6% |
| Plant, machinery and equipment | 23 | €79,471 | €49,285 | -€30,186 | -38.0% |
| Furniture and vehicles | 24 | €81,795 | €55,365 | -€26,431 | -32.3% |
| Other tangible fixed assets | 26 | €56,472 | €42,046 | -€14,426 | -25.5% |
| Financial fixed assets | 28 | €45,912 | €121,528 | +€75,616 | +164.7% |
| Current assets | 29/58 | €1,933,377 | €1,933,641 | +€264 | 0.0% |
| Stocks and contracts in progress | 3 | €463,427 | €515,053 | +€51,625 | +11.1% |
| Stocks | 30/36 | €463,427 | €515,053 | +€51,625 | +11.1% |
| Amounts receivable within one year | 40/41 | €318,037 | €340,824 | +€22,787 | +7.2% |
| Trade receivables | 40 | €82,273 | €129,553 | +€47,280 | +57.5% |
| Other amounts receivable | 41 | €235,764 | €211,271 | -€24,493 | -10.4% |
| Cash at bank and in hand | 54/58 | €1,094,647 | €1,020,939 | -€73,708 | -6.7% |
| Deferred charges and accrued income | 490/1 | €57,266 | €56,826 | -€440 | -0.8% |
| Total equity and liabilities | 10/49 | €2,643,914 | €2,516,138 | -€127,775 | -4.8% |
| Equity | 10/15 | €1,262,544 | €2,254,178 | +€991,634 | +78.5% |
| Contributions | 10/11 | €6,106,997 | €8,106,997 | +€2.0m | +32.7% |
| Capital | 10 | €6,106,997 | €8,106,997 | +€2.0m | +32.7% |
| Issued capital | 100 | €6,106,997 | €8,106,997 | +€2.0m | +32.7% |
| Reserves | 13 | €10,700 | €10,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,700 | €10,700 | = | 0.0% |
| Legal reserve | 130 | €10,700 | €10,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,855,153 | -€5,863,519 | -€1.0m | -20.8% |
| Amounts payable | 17/49 | €1,381,370 | €261,960 | -€1.1m | -81.0% |
| Amounts payable within one year | 42/48 | €1,307,441 | €216,413 | -€1.1m | -83.4% |
| Trade debts | 44 | €225,769 | €83,649 | -€142,120 | -62.9% |
| Suppliers | 440/4 | €225,769 | €83,649 | -€142,120 | -62.9% |
| Advances received on contracts in progress | 46 | €955,242 | - | -€955,242 | |
| Taxes, remuneration and social security | 45 | €125,090 | €131,424 | +€6,334 | +5.1% |
| Taxes | 450/3 | - | €10,700 | +€10,700 | |
| Remuneration and social security | 454/9 | €125,090 | €120,724 | -€4,366 | -3.5% |
| Other amounts payable | 47/48 | €1,340 | €1,340 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €73,929 | €45,547 | -€28,381 | -38.4% |
| Non-recurring operating income | 76A | - | €177,409 | +€177,409 | |
| Remuneration, social security and pensions | 62 | €1,209,743 | €1,000,716 | -€209,027 | -17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,313,253 | €322,536 | -€990,717 | -75.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,418,376 | - | -€1.4m | |
| Other operating charges | 640/8 | €201 | €2,238 | +€2,036 | +1012.5% |
| Non-recurring operating charges | 66A | €2,823,277 | - | -€2.8m | |
| Gross operating margin | 9900 | €156,915 | -€430,202 | -€587,118 | |
| Operating profit (loss) | 9901 | -€6,607,935 | -€1,755,693 | +€4.9m | +73.4% |
| Financial income | 75/76B | €7,934,731 | €760,670 | -€7.2m | -90.4% |
| Recurring financial income | 75 | €7,934,731 | €760,670 | -€7.2m | -90.4% |
| Non-recurring financial income | 76B | €7,934,731 | €760,670 | -€7.2m | -90.4% |
| Financial charges | 65/66B | €8,985 | €12,026 | +€3,041 | +33.8% |
| Recurring financial charges | 65 | €8,985 | €12,026 | +€3,041 | +33.8% |
| Profit (loss) for the period before taxes | 9903 | €1,317,811 | -€1,007,049 | -€2.3m | |
| Income taxes | 67/77 | -€10,313 | €1,317 | +€11,630 | |
| Profit (loss) for the period | 9904 | €1,328,124 | -€1,008,366 | -€2.3m | |
| Profit (loss) for the period to be appropriated | 9905 | €1,328,124 | -€1,008,366 | -€2.3m |
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 12 October 2026 via checked.be.