TS Audio: 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.
TS Audio
Largest movements
- Cash +€7,362
up €7,362 (+166%), from €4,433 to €11,795
mainly Depreciation (+€14,121) and Net result for the year (+€13,221)
- Intangible fixed assets -€4,600
down €4,600 (-10.6%), from €43,562 to €38,962
- Receivables within one year +€2,374
up €2,374 (+22.6%), from €10,503 to €12,877
- Tangible fixed assets +€1,629
up €1,629 (+7.1%), from €22,838 to €24,466
of which Plant, machinery and equipment: +€5,892
- Reserves +€13,221
up €13,221 (+136%), from €9,710 to €22,930
- Other debts -€11,354
down €11,354 (-32.7%), from €34,686 to €23,333
- Trade debts +€7,117
up €7,117 (+2,297%), from €310 to €7,427
- Current portion of long-term debt -€4,679
down €4,679 (-41.5%), from €11,263 to €6,584
- Tax, wage and social debts +€3,846
up €3,846 (+42.6%), from €9,025 to €12,871
- Gross operating margin +€14,592
up €14,592 (+78.3%), from €18,633 to €33,225
- Depreciation +€9,192
up €9,192 (+187%), from €4,929 to €14,121
- Taxes +€1,258
up €1,258 (+46.3%), from €2,715 to €3,973
- Financial charges +€388
up €388 (+52.5%), from €739 to €1,127
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 | €81,385 | €88,100 | +€6,715 | +8.3% |
| Fixed assets | 21/28 | €66,399 | €63,428 | -€2,971 | -4.5% |
| Intangible fixed assets | 21 | €43,562 | €38,962 | -€4,600 | -10.6% |
| Tangible fixed assets | 22/27 | €22,838 | €24,466 | +€1,629 | +7.1% |
| Plant, machinery and equipment | 23 | €2,614 | €8,506 | +€5,892 | +225% |
| Furniture and vehicles | 24 | €1,475 | €3,466 | +€1,991 | +135% |
| Leasing and similar rights | 25 | €18,748 | €12,494 | -€6,254 | -33.4% |
| Current assets | 29/58 | €14,986 | €24,672 | +€9,686 | +64.6% |
| Amounts receivable within one year | 40/41 | €10,503 | €12,877 | +€2,374 | +22.6% |
| Trade receivables | 40 | €10,503 | €12,877 | +€2,374 | +22.6% |
| Cash at bank and in hand | 54/58 | €4,433 | €11,795 | +€7,362 | +166% |
| Deferred charges and accrued income | 490/1 | €50 | - | -€50 | |
| Total equity and liabilities | 10/49 | €81,385 | €88,100 | +€6,715 | +8.3% |
| Equity | 10/15 | €12,710 | €25,930 | +€13,221 | +104% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €9,710 | €22,930 | +€13,221 | +136% |
| Distributable reserves | 133 | €9,710 | €22,930 | +€13,221 | +136% |
| Amounts payable | 17/49 | €68,675 | €62,170 | -€6,506 | -9.5% |
| Amounts payable after more than one year | 17 | €13,392 | €11,955 | -€1,437 | -10.7% |
| Financial debts | 170/4 | €13,392 | €11,955 | -€1,437 | -10.7% |
| Amounts payable within one year | 42/48 | €55,284 | €50,215 | -€5,069 | -9.2% |
| Current portion of amounts payable after more than one year | 42 | €11,263 | €6,584 | -€4,679 | -41.5% |
| Trade debts | 44 | €310 | €7,427 | +€7,117 | +2,297% |
| Suppliers | 440/4 | €310 | €7,427 | +€7,117 | +2,297% |
| Taxes, remuneration and social security | 45 | €9,025 | €12,871 | +€3,846 | +42.6% |
| Taxes | 450/3 | €9,025 | €12,871 | +€3,846 | +42.6% |
| Other amounts payable | 47/48 | €34,686 | €23,333 | -€11,354 | -32.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,929 | €14,121 | +€9,192 | +187% |
| Other operating charges | 640/8 | €547 | €784 | +€237 | +43.4% |
| Gross operating margin | 9900 | €18,633 | €33,225 | +€14,592 | +78.3% |
| Operating profit (loss) | 9901 | €13,158 | €18,320 | +€5,162 | +39.2% |
| Financial income | 75/76B | €5 | €0 | -€5 | -91.8% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -91.8% |
| Financial charges | 65/66B | €739 | €1,127 | +€388 | +52.5% |
| Recurring financial charges | 65 | €739 | €1,127 | +€388 | +52.5% |
| Profit (loss) for the period before taxes | 9903 | €12,424 | €17,194 | +€4,769 | +38.4% |
| Income taxes | 67/77 | €2,715 | €3,973 | +€1,258 | +46.3% |
| Profit (loss) for the period | 9904 | €9,710 | €13,221 | +€3,511 | +36.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,710 | €13,221 | +€3,511 | +36.2% |
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 17 October 2026 via checked.be.