DEGREES MUSIC
ActiveSummary
The computed 12-month bankruptcy probability of DEGREES MUSIC is 4.0% (moderate). The 2024 annual accounts show negative equity (-€2,018) and a net result of -€637. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 5% of 2,466 sector peers (NACE 90, financial year 2024). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
Source: KBO- Status
- Active since 03-12-2020 Normal situation
- Activity
- Literary creation NACE 90111and 10 others
- Establishment unit
- 2.311.182.277 1030 Schaarbeek, since 03-12-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 15-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 4.0%
- Turnover
- €1,209
- ▲ 59.5%
- Loss
- €637
- ▼ 76.8%
- Equity
- -€2,018
- ▼ 46.1%
- Total assets
- €54
- ▼ 93.2%
- Negative equity on 31-12-2024
- 2025 accounts not filed, 95 days past the deadline
Score breakdownraises risk1 financial year not filed after the legal deadline; last filed accounts filed 136 days late; 3 of the last 3 accounts lateFigures for financial year 2024 (filed on 14-12-2025)1 change of registered office in 24 monthslowers riskSector: Arts creation and performing arts activities (NACE 90)Show the evidence
Checked score
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 90, micro). It does better than 6% of them on solvency, 36% on liquidity, 31% on profitability and 49% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 4 accounts on average 163 days after the deadline. In the sector (NACE 90), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (1)
Key points
Recent changes
- · Gazette deed Registered office moved from Woluwe-Saint-Pierre to SchaerbeekNew seat: Rue Alexandre Markelbach 15, 1030 Schaerbeek · Previous seat: Avenue de Tervueren 427 - 1150 Woluwe-Saint-Pierre
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as DEGREES MUSIC: literary creation (NACE 90111). They are comparable in size and age: total assets between €251 and €258, founded between 2008 and 2025.
| Company | Total assets | Gross margin |
|---|---|---|
| DEGREES MUSIC Schaarbeek | €54 | €1,081 |
| DIZAURA Waterloo | €258 | -€9,643 |
| BLIND OPERA Oudergem | €251 | €5,029 |
Key facts about DEGREES MUSIC
- What is the company number of DEGREES MUSIC?
- The company number of DEGREES MUSIC is 0759.427.846. The VAT number is the same number with BE in front: BE 0759.427.846.
- Where is DEGREES MUSIC based?
- The registered office is at Alexandre Markelbachstraat 15, 1030 Schaarbeek.Company details
- What does DEGREES MUSIC do?
- According to the KBO register, the main activity is literary creation (NACE 90111).
- What is the legal form of DEGREES MUSIC?
- The legal form of DEGREES MUSIC is Private limited company (BV).
- When was DEGREES MUSIC founded?
- DEGREES MUSIC was founded on 03-12-2020.
- Is DEGREES MUSIC still active?
- Yes, DEGREES MUSIC is an active enterprise in the KBO register.
- What is the turnover of DEGREES MUSIC?
- The turnover of DEGREES MUSIC was €1,209 in financial year 2024, according to the filed annual accounts.Financials
- Is DEGREES MUSIC profitable?
- In financial year 2024, DEGREES MUSIC made a loss of €637.
- Where can I find the annual accounts of DEGREES MUSIC?
- DEGREES MUSIC filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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