A E P MUSIC: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
A E P MUSIC
Largest movements
- Receivables within one year -€1,128
down €1,128 (-83.5%), from €1,351 to €223
of which Trade receivables: -€778
- Other debts +€1,713
up €1,713 (+2.9%), from €58,254 to €59,967
- Trade debts -€1,362
down €1,362 (-27.6%), from €4,930 to €3,568
- Profit (loss) carried forward -€1,110
down €1,110 (-1.3%), from -€85,622 to -€86,732
- Gross operating margin +€88
up €88 (+7.9%), from -€1,118 to -€1,030
- Financial charges -€74
down €74 (-48.1%), from €154 to €80
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €62,828 | €62,095 | -€733 | -1.2% |
| Fixed assets | 21/28 | €61,453 | €61,453 | = | 0.0% |
| Intangible fixed assets | 21 | €8,156 | €8,156 | = | 0.0% |
| Tangible fixed assets | 22/27 | €53,297 | €53,297 | = | 0.0% |
| Plant, machinery and equipment | 23 | €53,297 | €53,297 | = | 0.0% |
| Current assets | 29/58 | €1,375 | €642 | -€733 | -53.3% |
| Amounts receivable within one year | 40/41 | €1,351 | €223 | -€1,128 | -83.5% |
| Trade receivables | 40 | €923 | €145 | -€778 | -84.3% |
| Other amounts receivable | 41 | €428 | €78 | -€350 | -81.8% |
| Current investments | 50/53 | €24 | - | -€24 | |
| Cash at bank and in hand | 54/58 | - | €419 | +€419 | |
| Total equity and liabilities | 10/49 | €62,828 | €62,095 | -€733 | -1.2% |
| Equity | 10/15 | -€356 | -€1,466 | -€1,110 | -312% |
| Contributions | 10/11 | €84,284 | €84,284 | = | 0.0% |
| Capital | 10 | €84,284 | €84,284 | = | 0.0% |
| Issued capital | 100 | €84,284 | €84,284 | = | 0.0% |
| Reserves | 13 | €982 | €982 | = | 0.0% |
| Non-distributable reserves | 130/1 | €982 | €982 | = | 0.0% |
| Legal reserve | 130 | €982 | €982 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,622 | -€86,732 | -€1,110 | -1.3% |
| Amounts payable | 17/49 | €63,184 | €63,561 | +€377 | +0.6% |
| Amounts payable within one year | 42/48 | €63,184 | €63,561 | +€377 | +0.6% |
| Trade debts | 44 | €4,930 | €3,568 | -€1,362 | -27.6% |
| Suppliers | 440/4 | €4,930 | €3,568 | -€1,362 | -27.6% |
| Taxes, remuneration and social security | 45 | - | €26 | +€26 | |
| Taxes | 450/3 | - | €26 | +€26 | |
| Other amounts payable | 47/48 | €58,254 | €59,967 | +€1,713 | +2.9% |
| Gross operating margin | 9900 | -€1,118 | -€1,030 | +€88 | +7.9% |
| Operating profit (loss) | 9901 | -€1,118 | -€1,030 | +€88 | +7.9% |
| Financial charges | 65/66B | €154 | €80 | -€74 | -48.1% |
| Recurring financial charges | 65 | €154 | €80 | -€74 | -48.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,272 | -€1,110 | +€162 | +12.7% |
| Profit (loss) for the period | 9904 | -€1,272 | -€1,110 | +€162 | +12.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,272 | -€1,110 | +€162 | +12.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.