NCMP Musical Instruments
ActiveThe computed 12-month bankruptcy probability of NCMP Musical Instruments is 6.4% (elevated). The 2025 annual accounts show negative equity (€-17k) and a net result of €4k. Equity is shrinking by ~47.2% per year across the filed fiscal years. Its solvency ranks better than 12% of 639 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).
Checked score
Score 2025
29
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability60▲+60
Solvency0=
Growth32=
Track record84
Bankruptcy probability, 12 months
6.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.73 against 0.87 in 2024; short-term debt: 136.3% and cash: 18.7% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 32
Relative position
BE, all sectors
reference
Sector 32
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-36.3%
Return on assets
9.1%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 639 sector peers (2025).
NBB · sector comparisonPosition among 639 sector peers
Solvency
better than 12%
← weakest
strongest →
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 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
on the day
2022
on the day
2021
on the day
2020
1 d late
2019
on the day
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
UBO non-compliance×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 close18-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-17k▲ 20.0%
2024 · €-21k
2019: €11k
2020: €10k
2021: €22k
2022: €-2k
2023: €-13k
2024: €-21k
2019 → 2025
Total assets
€47k▲ 8.6%
2024 · €43k
2019: €69k
2020: €63k
2021: €132k
2022: €91k
2023: €68k
2024: €43k
2019 → 2025
Net result
€4k
2024 · €-8k
2019: €6k
2020: €-2k
2021: €12k
2022: €-24k
2023: €-11k
2024: €-8k
2019 → 2025
Working capital
€-17k▼ 159%
2024 · €-7k
2019: €15k
2020: €17k
2021: €89k
2022: €48k
2023: €19k
2024: €-7k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€22k-€-2k€-13k▼ 666%€-21k▼ 65.7%€-17k▲ 20.0%
Operating result€15k-€-19k€-8k▲ 58.7%€-5k▲ 37.0%€7k
Net result€12k-€-24k€-11k▲ 52.7%€-8k▲ 24.5%€4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €7k after a loss of €5k in 2024.
Key figures and ratios
Solvency
-36.3%▲
2024 · -49.3%
Current ratio
0.73▼
2024 · 0.87
Quick ratio
0.15▼
2024 · 0.16
Debt / equity
-3.75▼
2024 · -3.03
ROA
9.1%▲
2024 · -19.6%
Debt
€64k▼
2024 · €64k
Debt ≤ 1 year
€64k▲
2024 · €50k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€43k€47k▲
Fixed assets21/28€0€0=
Tangible fixed assets22/27€0€0=
Furniture and vehicles24€0€0=
Other tangible fixed assets26€0€0=
Current assets29/58€43k€47k▲
Stocks and contracts in progress3€35k€37k▲
Stocks30/36€35k€37k▲
Amounts receivable within one year40/41€2k-
Trade receivables40€2k-
Cash at bank and in hand54/58€6k€9k▲
Deferred charges and accrued income490/1-€853
Equity and liabilities
Total equity and liabilities10/49€43k€47k▲
Equity10/15€-21k€-17k▲
Contributions10/11€30k€30k=
Reserves13€2€2=
Non-distributable reserves130/1€2€2=
Reserves not available under the articles1311€2€2=
Profit (loss) carried forward14€-51k€-47k▲
Amounts payable17/49€64k€64k▼
Amounts payable after more than one year17€14k-
Financial debts170/4€14k-
Amounts payable within one year42/48€50k€64k▲
Current portion of amounts payable after more than one year42€19k€16k▼
Trade debts44€14k€7k▼
Suppliers440/4€14k€7k▼
Taxes, remuneration and social security45€15k€18k▲
Taxes450/3€15k€18k▲
Other amounts payable47/48€2k€22k▲
Accrued charges and deferred income492/3€283-
Income statement
Code20242025
Other operating charges640/8€229€428▲
Gross operating margin9900€-5k€7k▲
Operating profit (loss)9901€-5k€7k▲
Financial income75/76B€471€550▲
Recurring financial income75€471€550▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€-8k€4k▲
Profit (loss) for the period9904€-8k€4k▲
Profit (loss) for the period to be appropriated9905€-8k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-51k€-47k▲
Profit (loss) brought forward from the previous period14P€-43k€-51k▼
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
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Back to profitnet €4k
Net result €4k after 3 loss-making years.
28-04
KBO administration
UBO non-compliance
event 14-04-2025
11-04
KBO administration
UBO non-compliance
event 31-03-2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet €-24k ▼292%
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
30-06
Financial
Liquidity doublescurrent ratio 3.09
Current ratio from 1.36 to 3.09; short-term debt falls from €46k to €43k.
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 1 day late
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
SignalFinancial 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, Brussel · 1 establishment unit since 2015
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.
Sint-Jansstraat 471000 BrusselGround area
332 m²
Building footprint
162 m²
Volume, LiDAR
2,548 m³
2 parcels, Brussels · tallest building 20.4 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
NCMP Musical instruments
since 20152.243.528.341
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21004A1029/00K004 | Brussels | 258 m² | 1 · 88 m² | 19.5 m · 6 fl. |
| 21004A1029/00Y002 | Brussels | 74 m² | 1 · 74 m² | 20.4 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 248 companies in sector 32200 we hold annual accounts for 47. 33 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-07-2015
Fiscal year end30-06
Trade name FR
« Le 47 », « Le 47 Music Shop », « Le 47 Boutique », « Le 47 Atelier ».
Activities, NACEBEL
32200Other manufacturing
46499Wholesale of other household goods
47400Retail sale of information and communication equipment
47430Retail trade
47540Retail sale of electrical household appliances
47594Retail trade
47690Retail sale of other cultural and recreation goods
77229Renting and leasing of other personal and household goods
77299Rental and leasing activities
90312Arts creation and performing arts activities
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.