MUSICOOL
ActiveSummary
MUSICOOL has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €358k and a net result of €25k. Equity is growing by ~13.5% per year across the filed fiscal years. Its solvency ranks better than 72% of 4867 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-8
Solvency91▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 3.64 against 3.85 in 2024; short-term debt: 20.6% and cash: 8.5% of total assets), and 34.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
65.9%
Return on assets
4.6%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-01-2026, 15 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
15 d early
2024
15 d early
2022
16 d early
2021
5 d early
2020
37 d early
2019
30 d early
2018
30 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€25k▼ 58.2%
2024 · €60k
2018: €-10k
2019: €18k
2020: €49k
2021: €40k
2022: €43k
2024: €60k
2018 → 2025
Working capital
€296k▲ 5.1%
2024 · €282k
2018: €103k
2019: €110k
2020: €151k
2021: €185k
2022: €231k
2024: €282k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220242025Trend
Equity€208k-€247k▲ 19.2%€290k▲ 17.3%€340k▲ 17.4%€358k▲ 5.3%
Operating result€60k-€52k▼ 13.5%€60k▲ 16.3%€78k▲ 29.8%€37k▼ 53.2%
Net result€49k-€40k▼ 18.5%€43k▲ 7.4%€60k▲ 40.2%€25k▼ 58.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 53% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €543k
Fixed assets
€135k ▼ 3.7%
Current assets
€408k ▲ 7.2%
Equity and liabilities €543k
Equity
€358k ▲ 5.3%
Debt
€185k ▲ 2.4%
Debt's share of the balance-sheet total falls from 34.7% to 34.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€52k▼
2024 · €96k
Cash flow
€40k▼
2024 · €78k
Current ratio
3.64▼
2024 · 3.85
Quick ratio
0.74▼
2024 · 0.85
Debt to equity
0.52▼
2024 · 0.53
ROE
7.0%▼
2024 · 17.6%
ROA
4.6%▼
2024 · 11.5%
Interest coverage
8.72▼
2024 · 10.16
Debt ≤ 1 year
€112k▲
2024 · €99k
Debt > 1 year
€67k▼
2024 · €78k
Income taxes
€8k▼
2024 · €14k
Staff costs
€23k▼
2024 · €35k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€521k€543k▲
Fixed assets21/28€141k€135k▼
Tangible fixed assets22/27€141k€135k▼
Land and buildings22€101k€97k▼
Plant, machinery and equipment23-€4k
Furniture and vehicles24€8k€2k▼
Other tangible fixed assets26€32k€32k▲
Current assets29/58€381k€408k▲
Stocks and contracts in progress3€297k€325k▲
Stocks30/36€297k€325k▲
Amounts receivable within one year40/41€25k€25k▲
Trade receivables40€25k€21k▼
Other amounts receivable41-€4k
Cash at bank and in hand54/58€48k€46k▼
Deferred charges and accrued income490/1€11k€12k▲
Equity and liabilities
Total equity and liabilities10/49€521k€543k▲
Equity10/15€340k€358k▲
Contributions10/11€20k€20k=
Outside capital11€20k€20k=
Other1109/19€20k€20k=
Reserves13€75k€75k=
Distributable reserves133€75k€75k=
Profit (loss) carried forward14€245k€263k▲
Amounts payable17/49€181k€185k▲
Amounts payable after more than one year17€78k€67k▼
Financial debts170/4€78k€67k▼
Amounts payable within one year42/48€99k€112k▲
Current portion of amounts payable after more than one year42€15k€11k▼
Trade debts44€34k€55k▲
Suppliers440/4€34k€55k▲
Taxes, remuneration and social security45€27k€18k▼
Taxes450/3€21k€11k▼
Remuneration and social security454/9€6k€6k▼
Other amounts payable47/48€23k€29k▲
Accrued charges and deferred income492/3€4k€6k▲
Income statement
Code20242025
Non-recurring operating income76A€3k-
Remuneration, social security and pensions62€35k€23k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€18k€15k▼
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A€217-
Gross operating margin9900€133k€77k▼
Operating profit (loss)9901€78k€37k▼
Financial income75/76B€5k€2k▼
Recurring financial income75€5k€2k▼
Financial charges65/66B€9k€6k▼
Recurring financial charges65€9k€6k▼
Profit (loss) for the period before taxes9903€74k€33k▼
Income taxes67/77€14k€8k▼
Profit (loss) for the period9904€60k€25k▼
Profit (loss) for the period to be appropriated9905€60k€25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€245k€270k▲
Profit (loss) brought forward from the previous period14P€185k€245k▲
Profit to be distributed694/7-€7k
Return on contributions (dividend)694-€7k
Social balance
Average headcount (FTE)90871.50.5▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-01
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
16-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-06
Financial
Highest result since 2018net €60k ▲40.2%
Operating result €78k, net result €60k, both a record.
2023
15-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
26-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €200kEq €208k ▲30.8%
2 profitable years in a row build equity to €208k.
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
31-12
Financial
Equity above €150kEq €159k ▲12.8%
Equity rises from €141k to €159k.
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Binche · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Avenue Wanderpepen(BIN) 757130 BincheGround area
138 m²
Building footprint
121 m²
Volume, LiDAR
711 m³
2 parcels, Wallonia · tallest building 14.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MUSICOOL
since 20042.137.161.111
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56011D0239/00V002indicative | Wallonia | 86 m² | 1 · 55 m² | 14.4 m · 4 fl. |
| 56011C0138/00S002 | Wallonia | 52 m² | 1 · 65 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
INTERSALES
BE 0471.161.068
Knokke-Heist · Eq €358,471
OMEGA
BE 0454.968.897
Mons · Eq €360,246
NOVILUM
BE 0885.829.536
Bree · Eq €360,464
Van Marcke Installs & Service
BE 0899.507.229
Kortrijk · Eq €353,356
ERGON
BE 0436.089.531
Antwerpen · Eq €363,876
Of 1,170 companies in sector 46499 we hold annual accounts for 743. 564 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-02-2004
Fiscal year end30-06
Activities, NACEBEL 2025
46499Wholesale of other household goods
47690Retail sale of other cultural and recreation goods
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:071/542772