We Are Music
The computed 12-month bankruptcy probability of We Are Music is 1.0% (low). The 2024 annual accounts show equity of €10k and a net result of €-490. Equity is shrinking by ~28.3% per year across the filed fiscal years. Its solvency ranks better than 95% of 1481 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €10k |
| Net result | €-490 |
| Better than sector | 95% |
| Active | 4 yrs |
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 92.4% | 50.0% | |
| Net result | €-490 | €12k | |
| Equity | €10k | €32k | |
| Gross operating margin | €1k | €28k | |
| Total assets | €11k | €74k |
Show 8 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €669 |
| Net profit | €-490 |
| Cash flow | €675 |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €11k |
| Equity | €10k |
| Debt | €804 |
| of which ≤ 1y | €804 |
| of which > 1y | - |
| Working capital | €7k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 9.46 |
| Quick ratio | 9.46 |
| Working capital ratio | 64.2% |
| Solvency | 92.4% |
| Debt / equity | 0.08 |
| Long-term debt ratio | - |
| Interest coverage | 34.30 |
| Gross margin | - |
| Net margin | - |
| ROA | -4.6% |
| ROE | -5.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (21 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €11k |
| Fixed assets | 21/28 | €3k |
| Intangible fixed assets | 21 | €3k |
| Tangible fixed assets | 22/27 | €470 |
| Current assets | 29/58 | €8k |
| Amounts receivable within one year | 40/41 | €3k |
| Cash & bank | 54/58 | €5k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €11k |
| Equity | 10/15 | €10k |
| Contributions / capital | 10/11 | €2k |
| Reserves | 13 | €8k |
| Amounts payable | 17/49 | €804 |
| Amounts payable within one year | 42/48 | €804 |
| Trade debts payable within one year | 44 | €804 |
| Income statement | ||
| Gross operating margin | 9900 | €1k |
| Operating result | 9901 | €-496 |
| Financial income | 75 | €26 |
| Financial charges | 65 | €20 |
| Result before taxes | 9903 | €-490 |
| Net result for the period | 9904 | €-490 |
| Result to be appropriated | 9905 | €-490 |
-
Current16-11-2022 → present
-
Current16-11-2022 → present
| NACE primary | Activiteiten van managers van artiesten, sportlui en overige bekende personaliteiten(74991) |
| Legal form | Private limited company(610) |
| Incorporation | 29-03-2022 |
| Status | Active |
| Postal code | 8200 |
Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31027D0470/00D008 | Flanders | 5,272 m² | 1 · 254 m² | 14.2 m · 4 fl. |
| 36504D0750/00W003 | Flanders | 695 m² | 1 · 86 m² | 10.6 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
05-05-2026 General meeting · Officer resignation · Officer appointment · Seat change
- Filing: 2026-04-13 · We Are Music
- General meeting: 2024-01-31 · We Are Music
- Officer resignation: 2024-01-31 · Molenwater
- Officer resignation: 2024-01-31 · Buitenbenen
- Officer appointment: 2024-01-31 · Christof CORBESIERS
- Officer appointment: 2024-01-31 · Johan ROSIERS
- Officer appointment: 2024-01-31 · Gille DESCHUYMER
- Officer resignation: 2024-08-26 · SALES NAVIGATION
- Officer resignation: 2025-02-24 · Wesley SAMYN
- Officer resignation: 2025-02-24 · Karen DERYCKERE
- Officer appointment: 2025-02-24 · ITTASK
- Seat change: to: A. Dyserynckpark 4 bus 00.02, 8200 Sint-Andries (Brugge), date: 2025-02-24, from: Diksmuidsesteenweg 334, 8800 Roeselare · We Are Music
- Publication: 2026-05-05
- Act object: Benoeming bestuurder - Ontslag bestuurder - wijziging zetel
Technical details
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}09-03-2023 2 directors appointed
- Mario ORINX, Bestuurder
- Benny MOORTGAT, Bestuurder
Technical details
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}31-03-2022 Incorporation of a new BV
Technical details
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}| Legal nameNL | We Are Music |