TELE - 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.
TELE - SOUND
Largest movements
- Stocks and contracts -€63,829
down €63,829 (-21.0%), from €303,551 to €239,723
- Current investments +€57,000
up €57,000 (+30.8%), from €185,221 to €242,221
- Trade debts -€14,427
down €14,427 (-68.0%), from €21,230 to €6,804
- Reserves +€13,673
up €13,673 (+2.8%), from €487,687 to €501,360
- Financial charges -€2,370
down €2,370 (-12.4%), from €19,154 to €16,784
- Taxes +€1,294
up €1,294 (+20.1%), from €6,432 to €7,726
- Gross operating margin +€742
up €742 (+1.6%), from €47,243 to €47,985
- Other operating charges -€536
down €536 (-13.2%), from €4,051 to €3,515
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 | €848,120 | €836,177 | -€11,943 | -1.4% |
| Fixed assets | 21/28 | €270,006 | €262,623 | -€7,383 | -2.7% |
| Tangible fixed assets | 22/27 | €268,890 | €261,507 | -€7,383 | -2.7% |
| Land and buildings | 22 | €265,459 | €252,967 | -€12,492 | -4.7% |
| Plant, machinery and equipment | 23 | €307 | €3,554 | +€3,247 | +1,059% |
| Furniture and vehicles | 24 | €3,125 | €4,986 | +€1,861 | +59.5% |
| Financial fixed assets | 28 | €1,116 | €1,116 | = | 0.0% |
| Current assets | 29/58 | €578,114 | €573,554 | -€4,560 | -0.8% |
| Stocks and contracts in progress | 3 | €303,551 | €239,723 | -€63,829 | -21.0% |
| Stocks | 30/36 | €303,551 | €239,723 | -€63,829 | -21.0% |
| Amounts receivable within one year | 40/41 | €59,889 | €61,044 | +€1,155 | +1.9% |
| Trade receivables | 40 | €59,889 | €60,811 | +€922 | +1.5% |
| Other amounts receivable | 41 | €0 | €233 | +€233 | |
| Current investments | 50/53 | €185,221 | €242,221 | +€57,000 | +30.8% |
| Cash at bank and in hand | 54/58 | €25,377 | €25,893 | +€516 | +2.0% |
| Deferred charges and accrued income | 490/1 | €4,076 | €4,674 | +€598 | +14.7% |
| Total equity and liabilities | 10/49 | €848,120 | €836,177 | -€11,943 | -1.4% |
| Equity | 10/15 | €549,687 | €563,360 | +€13,673 | +2.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €487,687 | €501,360 | +€13,673 | +2.8% |
| Distributable reserves | 133 | €487,687 | €501,360 | +€13,673 | +2.8% |
| Amounts payable | 17/49 | €298,433 | €272,817 | -€25,616 | -8.6% |
| Amounts payable within one year | 42/48 | €278,569 | €255,282 | -€23,287 | -8.4% |
| Trade debts | 44 | €21,230 | €6,804 | -€14,427 | -68.0% |
| Suppliers | 440/4 | €21,230 | €6,804 | -€14,427 | -68.0% |
| Taxes, remuneration and social security | 45 | €23,874 | €17,269 | -€6,605 | -27.7% |
| Taxes | 450/3 | €23,874 | €17,269 | -€6,605 | -27.7% |
| Other amounts payable | 47/48 | €233,465 | €231,210 | -€2,255 | -1.0% |
| Accrued charges and deferred income | 492/3 | €19,864 | €17,535 | -€2,330 | -11.7% |
| Remuneration, social security and pensions | 62 | -€345 | €0 | +€345 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,806 | €14,930 | +€124 | +0.8% |
| Other operating charges | 640/8 | €4,051 | €3,515 | -€536 | -13.2% |
| Gross operating margin | 9900 | €47,243 | €47,985 | +€742 | +1.6% |
| Operating profit (loss) | 9901 | €28,731 | €29,540 | +€809 | +2.8% |
| Financial income | 75/76B | €8,655 | €8,644 | -€11 | -0.1% |
| Recurring financial income | 75 | €8,655 | €8,644 | -€11 | -0.1% |
| Financial charges | 65/66B | €19,154 | €16,784 | -€2,370 | -12.4% |
| Recurring financial charges | 65 | €19,154 | €16,784 | -€2,370 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €18,232 | €21,399 | +€3,167 | +17.4% |
| Income taxes | 67/77 | €6,432 | €7,726 | +€1,294 | +20.1% |
| Profit (loss) for the period | 9904 | €11,800 | €13,673 | +€1,873 | +15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,800 | €13,673 | +€1,873 | +15.9% |
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.