VDA Sound & Light: 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.
VDA Sound & Light
Largest movements
- Tangible fixed assets +€19,163
up €19,163 (+21.9%), from €87,622 to €106,786
of which Furniture and vehicles: +€17,437
- Cash -€6,825
down €6,825 (-4.4%), from €155,979 to €149,154
mainly Investment in fixed assets (net) (-€54,624) and Trade debts (-€4,539)
- Receivables within one year -€3,803
down €3,803 (-34.7%), from €10,960 to €7,158
- Reserves +€12,823
up €12,823 (+6.7%), from €192,551 to €205,373
of which Distributable reserves: +€12,823
- Trade debts -€4,539
down €4,539 (-84.7%), from €5,358 to €819
- Gross operating margin +€21,350
up €21,350 (+76.6%), from €27,872 to €49,222
- Depreciation +€9,679
up €9,679 (+37.5%), from €25,782 to €35,461
- Taxes +€3,071
new in 2025: €3,071
- Financial income +€2,226
up €2,226 (+329%), from €677 to €2,904
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 | €256,304 | €266,144 | +€9,840 | +3.8% |
| Fixed assets | 21/28 | €87,622 | €106,786 | +€19,163 | +21.9% |
| Tangible fixed assets | 22/27 | €87,622 | €106,786 | +€19,163 | +21.9% |
| Plant, machinery and equipment | 23 | €87,622 | €89,349 | +€1,726 | +2.0% |
| Furniture and vehicles | 24 | - | €17,437 | +€17,437 | |
| Current assets | 29/58 | €168,682 | €159,359 | -€9,323 | -5.5% |
| Amounts receivable within one year | 40/41 | €10,960 | €7,158 | -€3,803 | -34.7% |
| Trade receivables | 40 | €10,960 | €7,158 | -€3,803 | -34.7% |
| Cash at bank and in hand | 54/58 | €155,979 | €149,154 | -€6,825 | -4.4% |
| Deferred charges and accrued income | 490/1 | €1,742 | €3,047 | +€1,305 | +74.9% |
| Total equity and liabilities | 10/49 | €256,304 | €266,144 | +€9,840 | +3.8% |
| Equity | 10/15 | €198,751 | €211,573 | +€12,823 | +6.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €192,551 | €205,373 | +€12,823 | +6.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €190,691 | €203,513 | +€12,823 | +6.7% |
| Amounts payable | 17/49 | €57,554 | €54,571 | -€2,982 | -5.2% |
| Amounts payable within one year | 42/48 | €57,554 | €54,571 | -€2,982 | -5.2% |
| Trade debts | 44 | €5,358 | €819 | -€4,539 | -84.7% |
| Suppliers | 440/4 | €5,358 | €819 | -€4,539 | -84.7% |
| Taxes, remuneration and social security | 45 | €3,764 | €4,254 | +€491 | +13.0% |
| Taxes | 450/3 | €3,764 | €4,254 | +€491 | +13.0% |
| Other amounts payable | 47/48 | €48,432 | €49,498 | +€1,066 | +2.2% |
| Non-recurring operating income | 76A | - | €11,240 | +€11,240 | |
| Remuneration, social security and pensions | 62 | €180 | - | -€180 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,782 | €35,461 | +€9,679 | +37.5% |
| Other operating charges | 640/8 | €898 | €520 | -€378 | -42.1% |
| Gross operating margin | 9900 | €27,872 | €49,222 | +€21,350 | +76.6% |
| Operating profit (loss) | 9901 | €1,011 | €13,242 | +€12,230 | +1,209% |
| Financial income | 75/76B | €677 | €2,904 | +€2,226 | +329% |
| Recurring financial income | 75 | €677 | €2,904 | +€2,226 | +329% |
| Financial charges | 65/66B | €59 | €252 | +€193 | +330% |
| Recurring financial charges | 65 | €59 | €252 | +€193 | +330% |
| Profit (loss) for the period before taxes | 9903 | €1,630 | €15,893 | +€14,263 | +875% |
| Income taxes | 67/77 | - | €3,071 | +€3,071 | |
| Profit (loss) for the period | 9904 | €1,630 | €12,823 | +€11,192 | +687% |
| Profit (loss) for the period to be appropriated | 9905 | €1,630 | €12,823 | +€11,192 | +687% |
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 29 October 2026 via checked.be.