T-Sound: 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.
T-Sound
Largest movements
- Receivables within one year +€11,390
up €11,390 (+53.8%), from €21,184 to €32,574
of which Trade receivables: +€8,221
- Cash +€3,112
up €3,112 (+9.4%), from €33,212 to €36,324
mainly Net result for the year (+€8,175) and Tax, wage and social debts (+€4,138)
- Reserves +€8,175
up €8,175 (+17.5%), from €46,682 to €54,858
- Tax, wage and social debts +€4,138
up €4,138 (+1,012%), from €409 to €4,547
- Trade debts +€2,065
up €2,065 (+97.7%), from €2,114 to €4,179
- Accrued charges and deferred income +€1,337
up €1,337 (+17.5%), from €7,626 to €8,963
- Gross operating margin -€51,733
down €51,733 (-83.7%), from €61,830 to €10,097
- Taxes -€12,000
no longer reported in 2025 (was €12,000)
- Other operating charges -€694
down €694 (-51.9%), from €1,336 to €642
- Financial charges -€625
down €625 (-91.0%), from €687 to €62
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 | €59,831 | €75,547 | +€15,715 | +26.3% |
| Fixed assets | 21/28 | €3,860 | €4,364 | +€504 | +13.1% |
| Tangible fixed assets | 22/27 | €3,610 | €4,114 | +€504 | +14.0% |
| Plant, machinery and equipment | 23 | €943 | €997 | +€54 | +5.7% |
| Furniture and vehicles | 24 | €2,667 | €3,117 | +€451 | +16.9% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €55,971 | €71,183 | +€15,211 | +27.2% |
| Amounts receivable within one year | 40/41 | €21,184 | €32,574 | +€11,390 | +53.8% |
| Trade receivables | 40 | €19,942 | €28,163 | +€8,221 | +41.2% |
| Other amounts receivable | 41 | €1,241 | €4,411 | +€3,169 | +255% |
| Cash at bank and in hand | 54/58 | €33,212 | €36,324 | +€3,112 | +9.4% |
| Deferred charges and accrued income | 490/1 | €1,575 | €2,285 | +€710 | +45.0% |
| Total equity and liabilities | 10/49 | €59,831 | €75,547 | +€15,715 | +26.3% |
| Equity | 10/15 | €49,682 | €57,858 | +€8,175 | +16.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €46,682 | €54,858 | +€8,175 | +17.5% |
| Distributable reserves | 133 | €46,682 | €54,858 | +€8,175 | +17.5% |
| Amounts payable | 17/49 | €10,149 | €17,689 | +€7,540 | +74.3% |
| Amounts payable within one year | 42/48 | €2,523 | €8,726 | +€6,203 | +246% |
| Trade debts | 44 | €2,114 | €4,179 | +€2,065 | +97.7% |
| Suppliers | 440/4 | €2,114 | €4,179 | +€2,065 | +97.7% |
| Taxes, remuneration and social security | 45 | €409 | €4,547 | +€4,138 | +1,012% |
| Taxes | 450/3 | €409 | €4,547 | +€4,138 | +1,012% |
| Accrued charges and deferred income | 492/3 | €7,626 | €8,963 | +€1,337 | +17.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,141 | €1,217 | +€76 | +6.7% |
| Other operating charges | 640/8 | €1,336 | €642 | -€694 | -51.9% |
| Gross operating margin | 9900 | €61,830 | €10,097 | -€51,733 | -83.7% |
| Operating profit (loss) | 9901 | €59,352 | €8,237 | -€51,115 | -86.1% |
| Financial income | 75/76B | €17 | - | -€17 | |
| Recurring financial income | 75 | €17 | - | -€17 | |
| Financial charges | 65/66B | €687 | €62 | -€625 | -91.0% |
| Recurring financial charges | 65 | €687 | €62 | -€625 | -91.0% |
| Profit (loss) for the period before taxes | 9903 | €58,682 | €8,175 | -€50,507 | -86.1% |
| Income taxes | 67/77 | €12,000 | - | -€12,000 | |
| Profit (loss) for the period | 9904 | €46,682 | €8,175 | -€38,507 | -82.5% |
| Profit (loss) for the period to be appropriated | 9905 | €46,682 | €8,175 | -€38,507 | -82.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.