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TJ MUSIC

Active
Private limited companyfounded 2016active for 10 yearsKoutermanstraat 13A, 8550 Zwevegem, BelgiumKBO/BCE: BE 0656.819.662
Summary

TJ MUSIC has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€36,846) and a net result of €1,898. Equity has been shrinking by about 32% per year since 2018. Its solvency ranks better than 10% of 2,482 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Official details

Source: KBO
Status
Active since 21-06-2016 Normal situation
Activity
Performing arts by independent artists NACE 90201and 3 others
Establishment unit
2.254.088.968 8550 Zwevegem, since 21-06-2016
Financial year end
31 December
Peppol
Reachable since 30-01-2025

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Annual accounts 2025
Gross margin
€4,442
▲ 11.4%
Turnover
≈ €21,000
estimated
Profit
€1,898
Equity
-€36,846
▲ 4.9%
Total assets
€92,219
▲ 111%
  • Negative equity on 31-12-2025
Score breakdownraises riskCapped at 59: negative equityNegative equity -€36,846Liquidity: current ratio 0.71, cash €567lowers riskSize: total assets €92,219Sector: Arts creation and performing arts activities (NACE 90)Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 28% of micro companies in creative and performing arts (NACE 90)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -40.0% of total assets
Liquidity 1-1
short-term debt 138.9% · cash 0.6%
Profitability 71+4
return on assets 2.1%
Bankruptcy probability within 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% (3,430 companies, NACE 90, micro)
Last 24 months 12-2024: 0.5% 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.5%● unchanged vs 02-2025 04-2025: 0.5%● unchanged vs 03-2025 05-2025: 0.5%● unchanged vs 04-2025 06-2025: 0.5%● unchanged vs 05-2025lowest value 07-2025: 0.5%● unchanged vs 06-2025 08-2025: 0.6%▲ +0.1 percentage points vs 07-2025 09-2025: 0.6%● unchanged vs 08-2025 10-2025: 0.6%● unchanged vs 09-2025 11-2025: 0.6%● unchanged vs 10-2025 12-2025: 0.6%● unchanged vs 11-2025 01-2026: 0.6%● unchanged vs 12-2025 02-2026: 0.6%● unchanged vs 01-2026 03-2026: 0.6%● unchanged vs 02-2026 04-2026: 0.6%● unchanged vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.6%● unchanged vs 06-2026 08-2026: 0.7%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.7%● unchanged vs 09-2026 11-2026: 0.7%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.71 (0.51 in 2024), below 1. Short-term debt is 138.9% and cash 0.6% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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 90, micro). It does better than 6% of them on solvency, 2% on liquidity, 48% on profitability and 54% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €92,219
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Arts creation and performing arts activities (NACE 90)
KBO
raises risk · Negative equity -€36,846
NBB · annual accounts
raises risk · Liquidity: current ratio 0.71, cash €567
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 2482 sector peers (2025).
NBB · sector comparison
Position among 2482 sector peers
Solvency
better than 10%
← weakest strongest →
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 01-07-2026, 30 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
30 days early
2024
27 days early
2023
55 days late
2021
29 days late
2020
54 days late
2018
91 days late
2017
32 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 20 days after the deadline. In the sector (NACE 90), the median for financial year 2024 was 4 days before the deadline, and 38% 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 29 August (4 of the last 5 accounts filed within 56 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€36,846 View
  • Caution: Less equity than 92% of companies in creative and performing artssector median €42,332 · 2,484 companies -€36,846 View

Recent changes

  1. · Gazette deed Incorporation
All 13 events

Comparable companies

These companies have the same main activity as TJ MUSIC: performing arts by independent artists (NACE 90201). They are comparable in size and age: total assets between €42,500 and €159,000, founded between 2010 and 2021.

CompanyTotal assetsGross margin
TJ MUSIC Zwevegem€92,219€4,442
BITCULTURE Hasselt€84,283€3,655
NAGALM Antwerp€58,159€2,176
DE SCHEPPING Zele€73,606€2,401
RB KUNST IN METAAL Beernem€159,087€7,231
TheCCcompany Jabbeke€76,763€4,280
HOOKtones Schoten€42,517€3,329
Full comparison

Key facts about TJ MUSIC

What is the company number of TJ MUSIC?
The company number of TJ MUSIC is 0656.819.662. The VAT number is the same number with BE in front: BE 0656.819.662.
Where is TJ MUSIC based?
The registered office is at Koutermanstraat 13A, 8550 Zwevegem.Company details
What does TJ MUSIC do?
According to the KBO register, the main activity is performing arts by independent artists (NACE 90201).
What is the legal form of TJ MUSIC?
TJ MUSIC is a private limited company (BV).
When was TJ MUSIC founded?
TJ MUSIC was founded on 21-06-2016.
Is TJ MUSIC still active?
Yes, TJ MUSIC is an active enterprise in the KBO register.
What is the turnover of TJ MUSIC?
The turnover in financial year 2025 is ≈ €21,000. This figure is estimated from the gross margin of €4,442 and 30 comparable companies (NACE 902). It probably lies between €13,000 and €39,000. It is a rough estimate.Financials
Is TJ MUSIC profitable?
In financial year 2025, TJ MUSIC made a profit of €1,898.
Where can I find the annual accounts of TJ MUSIC?
TJ MUSIC filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of TJ MUSIC due?
TJ MUSIC must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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