DEGREES MUSIC
The computed 12-month bankruptcy probability of DEGREES MUSIC is 3.1% (moderate). The 2024 annual accounts show negative equity (€-2k) and a net result of €-637. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 621 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-2k |
| Net result | €-637 |
| Better than sector | 5% |
| Active | 5 yrs |
Mixed profile: strong on stability, weaker on growth.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -3707.7% | 45.7% | |
| Net result | €-637 | €8k | |
| Equity | €-2k | €29k | |
| Gross operating margin | €1k | €23k | |
| Total assets | €54 | €75k |
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | €1k |
| EBITDA | €297 |
| Net profit | €-637 |
| Cash flow | €152 |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €54 |
| Equity | €-2k |
| Debt | €2k |
| of which ≤ 1y | €2k |
| of which > 1y | - |
| Working capital | €-2k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.03 |
| Quick ratio | 0.03 |
| Working capital ratio | -3707.7% |
| Solvency | -3707.7% |
| Debt / equity | -1.03 |
| Long-term debt ratio | - |
| Interest coverage | 2.05 |
| Gross margin | 89.4% |
| Net margin | -52.7% |
| ROA | -1170.5% |
| ROE | 31.6% |
| EBITDA margin | 24.5% |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €54 |
| Fixed assets | 21/28 | €0 |
| Tangible fixed assets | 22/27 | €0 |
| Current assets | 29/58 | €54 |
| Cash & bank | 54/58 | €54 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €54 |
| Equity | 10/15 | €-2k |
| Contributions / capital | 10/11 | €10k |
| Accumulated profits (losses) | 14 | €-12k |
| Amounts payable | 17/49 | €2k |
| Amounts payable within one year | 42/48 | €2k |
| Income statement | ||
| Turnover | 70 | €1k |
| Gross operating margin | 9900 | €1k |
| Operating result | 9901 | €-493 |
| Financial charges | 65 | €144 |
| Result before taxes | 9903 | €-637 |
| Net result for the period | 9904 | €-637 |
| Result to be appropriated | 9905 | €-637 |
| NACE primary | Literaire creatie(90111) |
| Legal form | Private limited company(610) |
| Incorporation | 03-12-2020 |
| Status | Active |
| Postal code | 1030 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21906D0045/00F003 | Brussels | 194 m² | 1 · 103 m² | 13.9 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
13-02-2026 Registered office moved from Woluwe-Saint-Pierre to Schaerbeek
- Avenue de Tervueren 427, 1150 Woluwe-Saint-Pierre → Rue Alexandre Markelbach 15, 1030 Schaerbeek
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Schaerbeek",
"region": "Brussels",
"street": "Rue Alexandre Markelbach",
"country": "BE",
"postcode": "1030",
"box_number": null,
"street_number": "15"
},
"old_address": {
"city": "Woluwe-Saint-Pierre",
"region": "Brussels",
"street": "Avenue de Tervueren",
"country": "BE",
"postcode": "1150",
"box_number": null,
"street_number": "427"
},
"effective_date": "2025-05-18",
"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale prend connaissance de la n\u00E9cessit\u00E9 de transf\u00E9rer le si\u00E8ge de la soci\u00E9t\u00E9 \u00E0 une nouvelle adresse. Apr\u00E8s discussion, l\u0027assembl\u00E9e approuve \u00E0 l\u0027unanimit\u00E9 de changer le si\u00E8ge de la soci\u00E9t\u00E9 \u00E0 l\u0027adresse suivante: Rue Alexandre Markelbach 15, 1030 Schaerbeek"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0759.427.846",
"name_full": "DEGREES MUSIC",
"legal_form": "SRL"
}
}07-12-2020 Incorporation of a new SRL
Technical details
{
"kind": "oprichting",
"seat": "1150 Woluwe-Saint-Pierre, Avenue de Tervueren 427",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1990-05-18",
"name": "HAMDI Sarah",
"niss": null,
"address": "1150 Woluwe-Saint-Pierre, Avenue de Tervuren 427"
},
"share_class": "Ordinary",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 10000,
"holder_person_name": "HAMDI Sarah",
"is_subscriber_only": true,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 10000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 10000,
"subject_company": {
"kbo": "0759.427.846",
"name_full": "DEGREES MUSIC",
"legal_form": "SRL"
},
"initial_directors": [],
"incorporation_date": "2020-12-03",
"post_incorporation_mandates": []
}| Legal nameFR | DEGREES MUSIC |