Active BE 0411.101.539Public limited company

A E P MUSIC

Waaglaan 18 ·1050 Elsene, Belgium· 54 yrs active

Sector: Uitzenden van radioprogramma’s en distributie van audio (60100)

Conclusion Checked

The computed 12-month bankruptcy probability of A E P MUSIC is 0.6% (low). The 2024 annual accounts show negative equity (€-356) and a net result of €-1k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 32 sector peers (fiscal year 2024). The company has been active since 1971 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Key figures

Equity	€-356
Net result	€-1k
Better than sector	16%
Active	54 yrs

Snowflake analysis 5 of 5 axes measured · computed by Checked

63 / 100

Strong profile, led by profitability.

All 5 axes are computed from data Checked has read.

Health 25

Profitability 100

Solvency 33

Growth 58

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.6% Low

0%0,5%1,5%4%10%≥25%

Long track record −Higher-failure-rate region +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 1971, 54 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags 0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2024 · computed

25 / 100 Weak

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 27-08-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Sector comparison

Fiscal year 2024 · NACE 60 · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	-0.6%	50.9%	better than 16% of 32 sector peers
Net result	€-1k	€7k	better than 20% of 32 sector peers
Equity	€-356	€29k	better than 16% of 32 sector peers
Gross operating margin	€-1k	€17k	better than 10% of 32 sector peers
Total assets	€63k	€70k	better than 45% of 32 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Net profit

€-1k

+52.3% 18-24

Total assets

€63k

+0.2% 18-24

Equity

€-356

- 18-24

Working capital

€-62k

-2.1% 18-24

Debt

€63k

+2.2% 18-24

Debt ≤ 1y

€63k

+2.2% 18-24

Current ratio

0.02

+5.2% 18-24

Quick ratio

0.02

+5.2% 18-24

Solvency

-0.6%

- 18-24

Debt / equity

-177.48

- 18-24

ROE

357.3%

- 18-24

ROA

-2.0%

+52.4% 18-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	-
Net profit	€-1k
Cash flow	-
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€63k
Equity	€-356
Debt	€63k
of which ≤ 1y	€63k
of which > 1y	-
Working capital	€-62k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	0.02
Quick ratio	0.02
Working capital ratio	-98.4%
Solvency	-0.6%
Debt / equity	-177.48
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-2.0%
ROE	357.3%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €61k · 97.8% Current assets €1k · 2.2%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€63k
Fixed assets	21/28	€61k
Intangible fixed assets	21	€8k
Tangible fixed assets	22/27	€53k
Current assets	29/58	€1k
Amounts receivable within one year	40/41	€1k
Investments	50/53	€24
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€63k
Equity	10/15	€-356
Contributions / capital	10/11	€84k
Reserves	13	€982
Accumulated profits (losses)	14	€-86k
Amounts payable	17/49	€63k
Amounts payable within one year	42/48	€63k
Trade debts payable within one year	44	€5k
Income statement
Gross operating margin	9900	€-1k
Operating result	9901	€-1k
Financial charges	65	€154
Result before taxes	9903	€-1k
Net result for the period	9904	€-1k
Result to be appropriated	9905	€-1k

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Ratios computed by Checked.

Directors & mandates 2 directors

Current directors & mandates

Alain Wilputte
Managing director
State Gazette act 22012465 (28-01-2022)

Current
28-01-2022 → present
Etienne Kaivez
Director
State Gazette act 22012465 (28-01-2022)

Current
28-01-2022 → present

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Legal Structure

NACE primary	Uitzenden van radioprogramma’s en distributie van audio(60100)
Legal form	Public limited company(014)
Incorporation	24-09-1971
Status	Active
Postal code	1050

Establishment units 1 location

Waaglaan 18, 1050 Elsene

Activiteiten op het gebied van film en video

since 19712.038.169.542

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21446D0181/00A010	Brussels	1,226 m²	1 · 410 m²	20.4 m · 6 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

27-08-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

2024

23-08-2024

NBB filing Annual accounts filed

fiscal year 2023 · micro

2023

14-11-2023

NBB filing Annual accounts filed

fiscal year 2022 · micro

2022

25-12-2022

NBB filing Annual accounts filed

fiscal year 2021 · micro

28-01-2022

State Gazette act Director changes

v3.2

2021

19-12-2021

NBB filing Annual accounts filed

fiscal year 2020 · micro

2020

09-10-2020

NBB filing Annual accounts filed

fiscal year 2019 · volledig

2019

11-07-2019

NBB filing Annual accounts filed

fiscal year 2018 · volledig

2018

28-06-2018

NBB filing Annual accounts filed

fiscal year 2017 · volledig

2017

27-06-2017

NBB filing Annual accounts filed

fiscal year 2016 · volledig

2016

11-08-2016

NBB filing Annual accounts filed

fiscal year 2015 · volledig

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 4 years ago

2022

28-01-2022 2 directors appointed Director changes

Alain Wilputte, Gedelegeerd bestuurder
Etienne Kaivez, Bestuurder

Summary: v3.2

Original publication ↗

Technical details

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Credit advice verdict per customer and amount

AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon

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Company registry (CBE) Crossroads Bank

Activities

Uitzenden van radioprogramma's60100Uitzenden van radioprogramma’s en distributie van audio60100Productie en uitzending van radioprogramma's92201Productie van televisieprogramma's59114Productie van televisieprogramma's59114Productie van televisieprogramma's92202

Primary activity highlighted.

Names & trade names

Legal nameFR

A E P MUSIC

Registered office

Waaglaan 18 bus 1

1050 Elsene, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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