THAT SOUNDS GOOD: what changed
THAT SOUNDS GOOD
Largest movements
- Cash +€8,942
up €8,942 (+13.2%), from €67,612 to €76,554
mainly Net result for the year (+€33,494) and Depreciation (+€5,847)
- Tangible fixed assets -€5,848
down €5,848 (-40.9%), from €14,292 to €8,444
of which Plant, machinery and equipment: -€5,144
- Receivables within one year +€4,500
up €4,500 (+32.3%), from €13,926 to €18,426
of which Trade receivables: +€4,899
- Profit (loss) carried forward +€25,094
up €25,094 (+38.0%), from €66,078 to €91,172
- Tax, wage and social debts -€12,146
down €12,146 (-71.6%), from €16,965 to €4,819
of which Taxes: -€10,572
- Other debts -€2,400
down €2,400 (-70.6%), from €3,400 to €1,000
- Debts after one year -€1,897
no longer reported in 2025 (was €1,897)
- Purchases and services +€13,868
up €13,868 (+15.8%), from €88,041 to €101,909
- Gross operating margin +€11,055
up €11,055 (+30.6%), from €36,109 to €47,164
- Taxes +€1,971
up €1,971 (+36.1%), from €5,453 to €7,424
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €95,830 | €103,424 | +€7,594 | +7.9% |
| Fixed assets | 21/28 | €14,292 | €8,444 | -€5,848 | -40.9% |
| Tangible fixed assets | 22/27 | €14,292 | €8,444 | -€5,848 | -40.9% |
| Land and buildings | 22 | €4,440 | €3,736 | -€704 | -15.9% |
| Plant, machinery and equipment | 23 | €9,852 | €4,708 | -€5,144 | -52.2% |
| Current assets | 29/58 | €81,538 | €94,980 | +€13,442 | +16.5% |
| Amounts receivable within one year | 40/41 | €13,926 | €18,426 | +€4,500 | +32.3% |
| Trade receivables | 40 | €13,111 | €18,010 | +€4,899 | +37.4% |
| Other amounts receivable | 41 | €815 | €416 | -€399 | -49.0% |
| Cash at bank and in hand | 54/58 | €67,612 | €76,554 | +€8,942 | +13.2% |
| Total equity and liabilities | 10/49 | €95,830 | €103,424 | +€7,594 | +7.9% |
| Equity | 10/15 | €67,078 | €92,172 | +€25,094 | +37.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | €1,000 | = | 0.0% |
| Issued capital | 100 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,078 | €91,172 | +€25,094 | +38.0% |
| Amounts payable | 17/49 | €28,752 | €11,252 | -€17,500 | -60.9% |
| Amounts payable after more than one year | 17 | €1,897 | - | -€1,897 | |
| Financial debts | 170/4 | €1,897 | - | -€1,897 | |
| Amounts payable within one year | 42/48 | €26,855 | €11,052 | -€15,803 | -58.8% |
| Current portion of amounts payable after more than one year | 42 | €2,418 | €1,897 | -€521 | -21.5% |
| Trade debts | 44 | €4,072 | €3,336 | -€736 | -18.1% |
| Suppliers | 440/4 | €4,072 | €3,336 | -€736 | -18.1% |
| Taxes, remuneration and social security | 45 | €16,965 | €4,819 | -€12,146 | -71.6% |
| Taxes | 450/3 | €15,391 | €4,819 | -€10,572 | -68.7% |
| Remuneration and social security | 454/9 | €1,574 | - | -€1,574 | |
| Other amounts payable | 47/48 | €3,400 | €1,000 | -€2,400 | -70.6% |
| Accrued charges and deferred income | 492/3 | - | €200 | +€200 | |
| Goods, raw materials, services and sundry goods | 60/61 | €88,041 | €101,909 | +€13,868 | +15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,534 | €5,847 | +€313 | +5.7% |
| Other operating charges | 640/8 | €53 | €8 | -€45 | -84.9% |
| Gross operating margin | 9900 | €36,109 | €47,164 | +€11,055 | +30.6% |
| Operating profit (loss) | 9901 | €30,522 | €41,309 | +€10,787 | +35.3% |
| Financial income | 75/76B | €82 | €7 | -€75 | -91.5% |
| Recurring financial income | 75 | €82 | €7 | -€75 | -91.5% |
| Financial charges | 65/66B | €343 | €398 | +€55 | +16.0% |
| Recurring financial charges | 65 | €343 | €398 | +€55 | +16.0% |
| Profit (loss) for the period before taxes | 9903 | €30,261 | €40,918 | +€10,657 | +35.2% |
| Income taxes | 67/77 | €5,453 | €7,424 | +€1,971 | +36.1% |
| Profit (loss) for the period | 9904 | €24,808 | €33,494 | +€8,686 | +35.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,808 | €33,494 | +€8,686 | +35.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.