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MUSIC HOTEL

Active
Public limited companyfounded 2001active for 25 yearsKerkstraat 131, 8570 Anzegem, Belgium24 active companies are registered at this addressKBO/BCE: BE 0474.926.945
Summary

MUSIC HOTEL has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €90,142 and a net result of -€28,281. Equity is shrinking by about 15% per year across the filed financial years. Its solvency ranks better than 22% of 11,191 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Risk analysisFollow ReportCompare
MUSIC HOTELActiveChecked score 68/100
Risk analysis ReportCompare

Overview

Activity
Development of residential building projects
NACE 68121
1 site
Size
≈ €350,000turnover 2025, estimated
Equity
€90,142
Loss
-€28,281
Turnover estimated from the gross margin
Financial health
68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Structure
2025 accounts filed 31 days late3 of 7 deeds summarised
Why 68raises riskLiquidity: current ratio 0.01, cash €41, halvedLast filed accounts filed 31 days late; 1 of the last 3 lateEquity €90,142 (3.5% of total assets)lowers riskSize: total assets €2.6mShow the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 27% of its sector peers (NACE 68, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency 29=
equity 3.5% of total assets
Liquidity 36-4
short-term debt 33.1% · cash 0.0%
Profitability 45-2
return on assets -1.1%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,986 companies, NACE 68, small)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024lowest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.2%▲ +0.1 percentage points vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.4%▲ +0.2 percentage points vs 07-2025 09-2025: 0.1%▼ -0.3 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.2%▲ +0.1 percentage points vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.3 percentage points vs 07-2026 09-2026: 0.7%▲ +0.2 percentage points vs 08-2026highest value 10-2026: 0.7%● unchanged vs 09-2026highest value
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.01, compared with 0.18 in 2024, below 1; short-term debt: 33.1% and cash: 0% of total assets), and 96.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 68, small): better than 21% on solvency, 29% on liquidity, 44% on profitability and 15% on growth.

The bankruptcy probability was computed on 28-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 0.01, cash €41, halved
NBB · annual accounts
lowers risk · Size: total assets €2.6m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 late
NBB · filings
raises risk · Equity €90,142 (3.5% of total assets)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€28,281
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 11191 sector peers (2025).
NBB · sector comparison
Position among 11191 sector peers
Solvency
better than 22%
← weakest strongest →
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
22 days late
2023
29 days late
2022
38 days early
2021
27 days early
2020
12 days early
2019
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 1 day after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 August (4 of the last 5 filed years within 49 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Resignations: bv AMPIO (director) and bv…Permanent representatives: Hans Verbeke and…

Key points

  • Risk: 8 loss-making years in a rowloss financial year 2025 -€28,281 View
  • One director decidessole director in office 1 View
  • Active since 2001founded 05-06-2001 25 years View

By topic

Financials

Financial year
2025
Total assets
€2.6m
Loss
-€28,281
Solvency
3.5%
Total assets▼ 4.5%
Net result
20182025
Go to Financials

Timeline

Events
27
Since
2003
Next accounts
by 31-07-2027
  1. 29-08-2024Annual accounts filed
  2. 15-04-2024Resignations: Johan Delrue, Christ Delrue and 2…
  3. 05-01-2024Appointments: Johan DELRUE, ROOBROECK Birgit and 2…
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Development of residential building projectsNACE 68121
Founded
05-06-2001
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about MUSIC HOTEL

What is the company number of MUSIC HOTEL?
0474.926.945. In Belgium the VAT number is the company number with BE in front: BE 0474.926.945.
Where is MUSIC HOTEL based?
The registered office is at Kerkstraat 131, 8570 Anzegem.Company details
What does MUSIC HOTEL do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of MUSIC HOTEL?
Public limited company (NV).
When was MUSIC HOTEL founded?
On 05-06-2001.
Is MUSIC HOTEL still active?
Yes, MUSIC HOTEL is an active enterprise in the KBO register.
What is the turnover of MUSIC HOTEL?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is MUSIC HOTEL profitable?
In financial year 2025, MUSIC HOTEL made a loss of €28,281.
Where can I find the annual accounts of MUSIC HOTEL?
MUSIC HOTEL filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of MUSIC HOTEL due?
By 31-07-2027, for financial year 2026.Timeline

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