TECH & 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.
TECH & SOUND
Largest movements
- Tangible fixed assets -€96,155
down €96,155 (-25.0%), from €384,970 to €288,814
of which Land and buildings: -€87,600
- Receivables within one year -€14,651
down €14,651 (-10.7%), from €137,137 to €122,486
of which Other amounts receivable: -€26,265
- Profit (loss) carried forward -€115,746
down €115,746 (-34.5%), from -€335,065 to -€450,811
- Accrued charges and deferred income +€32,000
up €32,000 (+97.6%), from €32,800 to €64,800
- Debts after one year -€17,985
down €17,985 (-2.7%), from €658,953 to €640,968
- Gross operating margin -€215,683
down €215,683 (-74.5%), from €289,588 to €73,905
- Write-downs -€29,177
down €29,177 (-39.4%), from €74,137 to €44,960
- Financial charges -€15,349
down €15,349 (-26.5%), from €57,981 to €42,632
- Depreciation -€8,909
down €8,909 (-29.2%), from €30,497 to €21,588
- Financial income -€7,507
down €7,507 (-14.3%), from €52,467 to €44,960
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 | €929,891 | €827,770 | -€102,121 | -11.0% |
| Fixed assets | 21/28 | €776,770 | €682,184 | -€94,585 | -12.2% |
| Tangible fixed assets | 22/27 | €384,970 | €288,814 | -€96,155 | -25.0% |
| Land and buildings | 22 | €353,500 | €265,900 | -€87,600 | -24.8% |
| Plant, machinery and equipment | 23 | €6,773 | €6,649 | -€124 | -1.8% |
| Furniture and vehicles | 24 | €18,796 | €12,129 | -€6,667 | -35.5% |
| Other tangible fixed assets | 26 | €5,901 | €4,137 | -€1,764 | -29.9% |
| Financial fixed assets | 28 | €391,800 | €393,370 | +€1,570 | +0.4% |
| Current assets | 29/58 | €153,121 | €145,585 | -€7,536 | -4.9% |
| Amounts receivable within one year | 40/41 | €137,137 | €122,486 | -€14,651 | -10.7% |
| Trade receivables | 40 | €28,495 | €40,108 | +€11,613 | +40.8% |
| Other amounts receivable | 41 | €108,642 | €82,378 | -€26,265 | -24.2% |
| Cash at bank and in hand | 54/58 | €13,565 | €19,616 | +€6,052 | +44.6% |
| Deferred charges and accrued income | 490/1 | €2,419 | €3,483 | +€1,064 | +44.0% |
| Total equity and liabilities | 10/49 | €929,891 | €827,770 | -€102,121 | -11.0% |
| Equity | 10/15 | €205,081 | €89,335 | -€115,746 | -56.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €490,147 | €490,147 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €485,147 | €485,147 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€335,065 | -€450,811 | -€115,746 | -34.5% |
| Amounts payable | 17/49 | €724,809 | €738,434 | +€13,625 | +1.9% |
| Amounts payable after more than one year | 17 | €658,953 | €640,968 | -€17,985 | -2.7% |
| Financial debts | 170/4 | €658,953 | €640,968 | -€17,985 | -2.7% |
| Amounts payable within one year | 42/48 | €33,056 | €32,666 | -€390 | -1.2% |
| Current portion of amounts payable after more than one year | 42 | €15,874 | €15,370 | -€504 | -3.2% |
| Trade debts | 44 | €16,931 | €13,745 | -€3,186 | -18.8% |
| Suppliers | 440/4 | €16,931 | €13,745 | -€3,186 | -18.8% |
| Taxes, remuneration and social security | 45 | €80 | €288 | +€209 | +262% |
| Taxes | 450/3 | €80 | €288 | +€209 | +262% |
| Other amounts payable | 47/48 | €172 | €3,263 | +€3,091 | +1,801% |
| Accrued charges and deferred income | 492/3 | €32,800 | €64,800 | +€32,000 | +97.6% |
| Non-recurring operating income | 76A | €316,400 | - | -€316,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,497 | €21,588 | -€8,909 | -29.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €74,137 | €44,960 | -€29,177 | -39.4% |
| Other operating charges | 640/8 | €42,739 | €44,938 | +€2,199 | +5.1% |
| Non-recurring operating charges | 66A | - | €80,000 | +€80,000 | |
| Gross operating margin | 9900 | €289,588 | €73,905 | -€215,683 | -74.5% |
| Operating profit (loss) | 9901 | €142,215 | -€117,581 | -€259,796 | |
| Financial income | 75/76B | €52,467 | €44,960 | -€7,507 | -14.3% |
| Recurring financial income | 75 | €52,467 | €44,960 | -€7,507 | -14.3% |
| Financial charges | 65/66B | €57,981 | €42,632 | -€15,349 | -26.5% |
| Recurring financial charges | 65 | €57,981 | €42,632 | -€15,349 | -26.5% |
| Profit (loss) for the period before taxes | 9903 | €136,702 | -€115,252 | -€251,954 | |
| Income taxes | 67/77 | €73 | €494 | +€421 | +580% |
| Profit (loss) for the period | 9904 | €136,629 | -€115,746 | -€252,375 | |
| Profit (loss) for the period to be appropriated | 9905 | €136,629 | -€115,746 | -€252,375 |
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 13 October 2026 via checked.be.