Musiq4All
ActiveSummary
Musiq4All has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €38k and a net result of €1k. Equity is shrinking by ~7.5% per year across the filed fiscal years. Its solvency ranks better than 87% of 11322 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability44▲+35
Solvency100▲+55
Growth32=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 11.19 against 1.2 in 2024; short-term debt: 8.9% of total assets), and 12.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
87.5%
Return on assets
2.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
on the day
2024
5 d late
2023
21 d late
2022
28 d late
2021
29 d late
2020
26 d late
2019
28 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€38k▲ 3.2%
2024 · €37k
2018: €75k
2019: €97k
2020: €153k
2021: €237k
2022: €266k
2023: €51k
2024: €37k
2018 → 2025
Total assets
€44k▼ 75.9%
2024 · €181k
2018: €171k
2019: €175k
2020: €279k
2021: €433k
2022: €429k
2023: €378k
2024: €181k
2018 → 2025
Net result
€1k
2024 · €-14k
2018: €42k
2019: €30k
2020: €106k
2021: €96k
2022: €60k
2023: €26k
2024: €-14k
2018 → 2025
Working capital
€40k▲ 43.5%
2024 · €28k
2018: €71k
2019: €95k
2020: €157k
2021: €241k
2022: €273k
2023: €53k
2024: €28k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€237k-€266k▲ 12.5%€51k▼ 80.7%€37k▼ 27.9%€38k▲ 3.2%
Operating result€124k-€82k▼ 34.4%€41k▼ 49.9%€-26k€-11k▲ 56.0%
Net result€96k-€60k▼ 37.7%€26k▼ 55.9%€-14k€1k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2025 against €26k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €44k
Equity
€38k ▲ 3.2%
Debt
€5k ▼ 96.2%
Debt's share of the balance-sheet total falls from 79.6% to 12.5%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
11.19▲
2024 · 1.20
Debt to equity
0.14▼
2024 · 3.89
ROE
3.1%▲
2024 · -38.6%
ROA
2.7%▲
2024 · -7.9%
Debt ≤ 1 year
€4k▼
2024 · €140k
Income taxes
€16▼
2024 · €396
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€181k€44k▼
Fixed assets21/28€14k-
Tangible fixed assets22/27€14k-
Furniture and vehicles24€14k-
Current assets29/58€168k€44k▼
Amounts receivable within one year40/41€34k€696▼
Trade receivables40€33k-
Other amounts receivable41€878€696▼
Current investments50/53€50k€43k▼
Cash at bank and in hand54/58€83k-
Equity and liabilities
Total equity and liabilities10/49€181k€44k▼
Equity10/15€37k€38k▲
Contributions10/11€25k€25k=
Reserves13€26k€26k=
Distributable reserves133€26k€26k=
Profit (loss) carried forward14€-14k€-13k▲
Amounts payable17/49€144k€5k▼
Amounts payable after more than one year17€3k-
Financial debts170/4€3k-
Amounts payable within one year42/48€140k€4k▼
Current portion of amounts payable after more than one year42€11k-
Trade debts44€22k€1k▼
Suppliers440/4€22k€1k▼
Taxes, remuneration and social security45€2k€43▼
Taxes450/3€2k€43▼
Other amounts payable47/48€105k€3k▼
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20242025
Remuneration, social security and pensions62€10k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-7k€20k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€-15k-
Other operating charges640/8€1k€1k▼
Non-recurring operating charges66A€180-
Gross operating margin9900€-25k€10k▲
Operating profit (loss)9901€-26k€-11k▲
Financial income75/76B€12k€13k▲
Recurring financial income75€4k€911▼
Non-recurring financial income76B€8k€12k▲
Financial charges65/66B€438€192▼
Recurring financial charges65€438€192▼
Profit (loss) for the period before taxes9903€-14k€1k▲
Income taxes67/77€396€16▼
Profit (loss) for the period9904€-14k€1k▲
Profit (loss) for the period to be appropriated9905€-14k€1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-14k€-13k▲
Profit (loss) brought forward from the previous period14P-€-14k
The notes to these accounts (3 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
31-12
Financial
Liquidity times 9current ratio 11.19
Current ratio from 1.20 to 11.19; short-term debt falls from €140k to €4k.
05-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
31-12
Financial
Weakest financial yearnet €-14k ▼154%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Equity above €200kEq €237k ▲54.3%
4 profitable years in a row build equity to €237k.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
31-12
Financial
Highest result since 2018net €106k ▲257%
Operating result €138k, net result €106k, both a record.
31-12
Financial
Equity above €150kEq €153k ▲58%
3 profitable years in a row build equity to €153k.
Show earlier events
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Ronse · 1 establishment unit since 2017
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.
Zuidstraat 539600 RonseGround area
399 m²
Building footprint
134 m²
Volume, LiDAR
1,445 m³
Parcel 45422C0124/00Y009, Flanders · tallest building 16.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Musiq4All
since 20172.263.506.876
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45422C0124/00Y009 | Flanders | 399 m² | 1 · 134 m² | 16.6 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
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WIJN IMPORT KOVINO
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InZert 3D
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Blue Water Lily
BE 1017.255.232
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Of 977 companies in sector 46431 we hold annual accounts for 705. 372 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
Founded04-04-2017
Fiscal year end31-12
Activities, NACEBEL 2025
46431Wholesale of electrical household appliances and audio-video equipment
62200Computer consultancy and computer facilities management
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.