STRICTLY SONGS: 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.
STRICTLY SONGS
Largest movements
- Financial fixed assets +€1.7m
up €1.7m (+87.2%), from €2.0m to €3.7m
- Cash +€303,167
up €303,167 (+1,013%), from €29,927 to €333,094
mainly Contributions, distributions and other (+€1.5m) and Other debts (+€1.4m)
- Receivables within one year +€207,731
up €207,731 (+10.7%), from €1.9m to €2.1m
of which Trade receivables: +€161,853
- Contributions +€1.5m
up €1.5m (+90.9%), from €1.7m to €3.2m
- Other debts +€1.4m
up €1.4m (+57.5%), from €2.4m to €3.8m
- Trade debts -€306,065
down €306,065 (-55.2%), from €554,564 to €248,499
- Profit (loss) carried forward -€239,702
down €239,702 (-20.6%), from -€1.2m to -€1.4m
- Debts after one year -€106,783
down €106,783 (-80.1%), from €133,287 to €26,504
- Financial charges -€76,484
down €76,484 (-39.0%), from €195,987 to €119,503
of which Financial charges: -€55,484
- Gross operating margin -€63,904
down €63,904 (-68.6%), from -€93,122 to -€157,026
- Financial income -€18,177
down €18,177 (-23.5%), from €77,494 to €59,317
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 | €4,554,295 | €6,785,991 | +€2.2m | +49.0% |
| Fixed assets | 21/28 | €2,069,658 | €3,778,166 | +€1.7m | +82.6% |
| Intangible fixed assets | 21 | €79,452 | €59,452 | -€20,000 | -25.2% |
| Tangible fixed assets | 22/27 | €6,046 | €4,554 | -€1,492 | -24.7% |
| Furniture and vehicles | 24 | €6,046 | €4,554 | -€1,492 | -24.7% |
| Financial fixed assets | 28 | €1,984,160 | €3,714,160 | +€1.7m | +87.2% |
| Current assets | 29/58 | €2,484,637 | €3,007,825 | +€523,188 | +21.1% |
| Amounts receivable within one year | 40/41 | €1,941,360 | €2,149,091 | +€207,731 | +10.7% |
| Trade receivables | 40 | €223,260 | €385,113 | +€161,853 | +72.5% |
| Other amounts receivable | 41 | €1,718,100 | €1,763,978 | +€45,878 | +2.7% |
| Cash at bank and in hand | 54/58 | €29,927 | €333,094 | +€303,167 | +1,013% |
| Deferred charges and accrued income | 490/1 | €513,350 | €525,640 | +€12,290 | +2.4% |
| Total equity and liabilities | 10/49 | €4,554,295 | €6,785,991 | +€2.2m | +49.0% |
| Equity | 10/15 | €489,788 | €1,750,086 | +€1.3m | +257% |
| Contributions | 10/11 | €1,650,000 | €3,150,000 | +€1.5m | +90.9% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,162,072 | -€1,401,774 | -€239,702 | -20.6% |
| Amounts payable | 17/49 | €4,064,507 | €5,035,905 | +€971,398 | +23.9% |
| Amounts payable after more than one year | 17 | €133,287 | €26,504 | -€106,783 | -80.1% |
| Financial debts | 170/4 | €133,287 | €26,504 | -€106,783 | -80.1% |
| Amounts payable within one year | 42/48 | €3,843,796 | €4,926,461 | +€1.1m | +28.2% |
| Current portion of amounts payable after more than one year | 42 | €101,542 | €106,783 | +€5,241 | +5.2% |
| Financial debts | 43 | €755,000 | €755,000 | = | 0.0% |
| Credit institutions | 430/8 | €755,000 | €755,000 | = | 0.0% |
| Trade debts | 44 | €554,564 | €248,499 | -€306,065 | -55.2% |
| Suppliers | 440/4 | €554,564 | €248,499 | -€306,065 | -55.2% |
| Taxes, remuneration and social security | 45 | €30,098 | €31,155 | +€1,057 | +3.5% |
| Taxes | 450/3 | €30,098 | €31,155 | +€1,057 | +3.5% |
| Other amounts payable | 47/48 | €2,402,592 | €3,785,024 | +€1.4m | +57.5% |
| Accrued charges and deferred income | 492/3 | €87,424 | €82,940 | -€4,484 | -5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,492 | €21,492 | = | 0.0% |
| Other operating charges | 640/8 | €968 | €998 | +€30 | +3.1% |
| Gross operating margin | 9900 | -€93,122 | -€157,026 | -€63,904 | -68.6% |
| Operating profit (loss) | 9901 | -€115,582 | -€179,516 | -€63,934 | -55.3% |
| Financial income | 75/76B | €77,494 | €59,317 | -€18,177 | -23.5% |
| Recurring financial income | 75 | €77,494 | €59,317 | -€18,177 | -23.5% |
| Financial charges | 65/66B | €195,987 | €119,503 | -€76,484 | -39.0% |
| Recurring financial charges | 65 | €174,987 | €119,503 | -€55,484 | -31.7% |
| Non-recurring financial charges | 66B | €21,000 | - | -€21,000 | |
| Profit (loss) for the period before taxes | 9903 | -€234,075 | -€239,702 | -€5,627 | -2.4% |
| Profit (loss) for the period | 9904 | -€234,075 | -€239,702 | -€5,627 | -2.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€234,075 | -€239,702 | -€5,627 | -2.4% |
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 27 October 2026 via checked.be.