ACTIVE

THE SOUND SOURCE

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Financial year 2024 · closed on 31/12/2024

Net result

-88,1 k €

-57.9% YoY

Gross margin

95,7 k €

-22.1% YoY

Equity

-674,8 k €

-15.4% YoY

Workforce

3,3 ETP

-10.8% YoY

What does THE SOUND SOURCE do?

THE SOUND SOURCE is a Private limited company incorporated in 2000. Its main activity is: Wholesale of electrical household appliances. Its registered office is in Fleurus. It employs on average 3,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0473.002.682

Incorporation

11/10/2000

Legal form

Private limited company

Registered office

Chaussée de Charleroi(FL) 602
6220 Fleurus · WallonieSee on map

Contributed capital

20 000,00 €

Latest accounts

31/12/2024

Average workforce

3,3 ETP

Activities (NACE)

46431Wholesale of electrical household appliances· main 46431Wholesale of electrical household appliances 47540Retail sale of electrical household appliances in specialised stores 47540Retail sale of electrical household appliances in specialised stores 51430Air transport 18200Reproduction of recorded media+11

Joint committees (3)

Signals

Healthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	95,7 k €	-22.1%	122,8 k €	+98.4%	61,9 k €	-61.7%	161,6 k €	+83.1%	88,3 k €	-25.6%	118,6 k €	+19.9%	98,9 k €	-14.2%	115,3 k €	-5.2%	121,7 k €	-10.0%	135,2 k €	+20.2%	112,4 k €	+53.4%	73,3 k €	+115%	34,2 k €	+411%	-11 k €	-41.1%	-7,8 k €	-313%	-1,9 k €
EBITDA	-31,1 k €	-1733%	1,9 k €	+105%	-39,5 k €	-143%	91,2 k €	+279%	24 k €	-13.9%	27,9 k €	+88.2%	14,8 k €	-48.8%	29 k €	+225%	8,9 k €	-87.8%	73,1 k €	+6.6%	68,6 k €	+74.6%	39,3 k €	+176%	14,2 k €	+152%	-27,6 k €	-184%	-9,7 k €	-157%	-3,8 k €
Operating result	-77,5 k €	-74.0%	-44,5 k €	+47.7%	-85,2 k €	-289%	45,1 k €	+257%	-28,8 k €	-12.1%	-25,7 k €	+35.6%	-39,8 k €	-47.1%	-27,1 k €	+63.7%	-74,6 k €	-434%	22,3 k €	+22.9%	18,2 k €	+301%	-9 k €	+69.0%	-29,2 k €	+57.2%	-68,2 k €	-65.0%	-41,4 k €	-90.7%	-21,7 k €
Net result	-88,1 k €	-57.9%	-55,8 k €	+40.3%	-93,5 k €	-321%	42,4 k €	+215%	-37 k €	-0.5%	-36,8 k €	+23.6%	-48,2 k €	-19.7%	-40,3 k €	+50.1%	-80,7 k €	-735%	12,7 k €	+28.3%	9,9 k €	+162%	-16,1 k €	+47.6%	-30,7 k €	+56.0%	-69,7 k €	-69.2%	-41,2 k €	-94.9%	-21,1 k €
Balance sheet
Equity	-674,8 k €	-15.4%	-584,8 k €	-10.9%	-527,1 k €	-22.1%	-431,7 k €	-0.2%	-430,8 k €	-10.3%	-390,5 k €	-11.5%	-350,3 k €	-17.3%	-298,7 k €	-13.8%	-262,6 k €	-50.0%	-175,1 k €	+5.8%	-185,9 k €	+4.2%	-194 k €	-10.2%	-176 k €	+2.5%	-180,6 k €	-62.9%	-110,9 k €	-59.1%	-69,7 k €
Total assets	664,2 k €	-7.7%	719,8 k €	-9.0%	790,6 k €	-15.5%	935,5 k €	+4.2%	897,5 k €	-5.1%	945,3 k €	-9.9%	1 M €	-4.0%	1,1 M €	-9.9%	1,2 M €	+5.3%	1,2 M €	+1.8%	1,1 M €	-6.1%	1,2 M €	+38.0%	873,4 k €	+38.0%	632,8 k €	+22.0%	518,6 k €	+122%	233,4 k €
Cash	29 k €	+7.5%	27 k €	+35.2%	20 k €	-55.1%	44,5 k €	+31.5%	33,9 k €	+24.1%	27,3 k €	-51.1%	55,8 k €	+143%	23 k €	-65.6%	66,7 k €	+306%	16,4 k €	-69.1%	53,1 k €	-33.9%	80,4 k €	+120%	36,5 k €	+64.8%	22,2 k €	-15.8%	26,3 k €	-2.8%	27,1 k €
Debts	1,3 M €	+2.7%	1,3 M €	-1.1%	1,3 M €	+0.3%	1,3 M €	+3.4%	1,3 M €	-2.3%	1,3 M €	-5.2%	1,4 M €	-1.0%	1,4 M €	-5.3%	1,5 M €	+10.9%	1,3 M €	+0.7%	1,3 M €	-5.7%	1,4 M €	+32.8%	1 M €	+29.0%	812,1 k €	+29.1%	629,2 k €	+108%	302,9 k €
Other
Workforce	3,3 ETP	-10.8%	3,7 ETP	+27.6%	2,9 ETP	+45.0%	2,0 ETP	-47.4%	3,8 ETP	+2.7%	3,7 ETP	+27.6%	2,9 ETP	-9.4%	3,2 ETP	+18.5%	2,7 ETP	+42.1%	1,9 ETP	0.0%	1,9 ETP	+11.8%	1,7 ETP	+88.9%	0,9 ETP	0.0%	0,9 ETP	+800%	0,1 ETP		–

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 7 ended

Active mandates

Ingrid Morotti

Director

Active

Luc Vigneron

Director

Active

Ended mandates

LUC VIGNERON

Manager · since 01 avril 2014

Ended

LUC VIGNERON

Manager · since 01 avril 2011

Ended

INGRID MOROTTI

Mandate · since 01 avril 2004

Ended

INGRID MOROTTI

Manager · since 01 avril 2004

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	16/07/2025	30/08/2024	31/08/2023	31/08/2022	10/07/2021	09/07/2020
General meeting	14/06/2025	08/06/2024	10/06/2023	11/06/2022	12/06/2021	13/06/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	14/06/2025	16/07/2025	French	PDF
Abridged model	31/12/2023	08/06/2024	30/08/2024	French	PDF
Abridged model	31/12/2022	10/06/2023	31/08/2023	French	PDF
Abridged model	31/12/2021	11/06/2022	31/08/2022	French	PDF
Abridged model	31/12/2020	12/06/2021	10/07/2021	French	PDF
Abridged model	31/12/2019	13/06/2020	09/07/2020	French	PDF
Abridged model	31/12/2018	08/06/2019	04/07/2019	French	PDF
Abridged model	31/12/2017	09/06/2018	13/07/2018	French	PDF
Abridged model	31/12/2016	10/06/2017	12/07/2017	French	PDF
Abridged model	31/12/2015	11/06/2016	13/07/2016	French	PDF
Abridged model	31/12/2014	13/06/2015	31/08/2015	French	PDF
Abridged model	30/06/2013	14/12/2013	13/02/2014	French	PDF
Abridged modelCorrection	30/06/2012	08/12/2012	17/04/2013	French	PDF
Abridged model	30/06/2012	08/12/2012	26/02/2013	French	PDF
Abridged model	30/06/2011	10/12/2011	27/01/2012	French	PDF
Abridged model	30/06/2010	11/12/2010	31/01/2011	French	PDF
Abridged model	30/06/2009	12/12/2009	28/01/2010	French	PDF
Abridged model	30/06/2008	13/12/2008	21/01/2009	French	PDF
Abridged model	30/06/2007	08/12/2007	25/02/2008	French	PDF
Abridged model	30/06/2006	09/12/2006	25/01/2007	French	PDF

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 7 ended

Active mandates

Ingrid Morotti

Director

Active

Luc Vigneron

Director

Active

Ended mandates

LUC VIGNERON

Manager · since 01 avril 2014

Ended

LUC VIGNERON

Manager · since 01 avril 2011

Ended

INGRID MOROTTI

Mandate · since 01 avril 2004

Ended

INGRID MOROTTI

Manager · since 01 avril 2004

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Restructuring29/08/2024
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...) - CAPITAL, ACTIONS
PDF
Restructuring05/06/2024
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates11/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS
PDF
Other08/07/2014
ANNEE COMPTABLE
PDF
Other21/04/2011
OBJET
PDF
Mandates08/04/2011
DEMISSIONS, NOMINATIONS
PDF
Registered office28/01/2010
SIEGE SOCIAL
PDF
Mandates07/06/2004
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2024
Annual accounts 2024-88,1 k €↓
2023
Annual accounts 2023-55,8 k €↑
2022
Annual accounts 2022-93,5 k €↓
2021
Annual accounts 202142,4 k €↑
2018
Annual accounts 2018-37 k €↓
2017
Annual accounts 2017-36,8 k €↑
2016
Annual accounts 2016-48,2 k €↓
2015
Annual accounts 2015-40,3 k €↑
2014
Annual accounts 2014-80,7 k €↓
2013
Annual accounts 201312,7 k €↑
2012
Annual accounts 20129,9 k €↑
2011
Annual accounts 2011-16,1 k €↑
2010
Annual accounts 2010-30,7 k €↑
2009
Annual accounts 2009-69,7 k €↓
2008
Annual accounts 2008-41,2 k €↓
2007
Annual accounts 2007-21,1 k €
11/10/2000
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

THE SOUND SOURCE

Overview

What does THE SOUND SOURCE do?

Trend over 16 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline