BFX 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.
BFX MUSIC
Largest movements
- Receivables within one year -€3,552
down €3,552 (-39.3%), from €9,048 to €5,496
- Tangible fixed assets -€636
down €636 (-35.5%), from €1,792 to €1,156
- Cash -€549
down €549 (-12.5%), from €4,396 to €3,846
mainly Net result for the year (-€3,550) and Trade debts (-€2,570)
- Deferred charges and accrued income +€423
new in 2025: €423
- Profit (loss) carried forward -€3,550
down €3,550, from €3,279 to -€271
- Trade debts -€2,570
down €2,570 (-72.9%), from €3,523 to €953
- Tax, wage and social debts +€1,645
up €1,645 (+219%), from €752 to €2,397
- Gross operating margin -€9,840
down €9,840, from €7,068 to -€2,772
- Financial income +€834
new in 2025: €834
- Other operating charges +€787
new in 2025: €787
- Depreciation +€480
up €480 (+306%), from €157 to €636
- Taxes -€136
no longer reported in 2025 (was €136)
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 | €15,235 | €10,921 | -€4,314 | -28.3% |
| Fixed assets | 21/28 | €1,792 | €1,156 | -€636 | -35.5% |
| Tangible fixed assets | 22/27 | €1,792 | €1,156 | -€636 | -35.5% |
| Furniture and vehicles | 24 | €1,792 | €1,156 | -€636 | -35.5% |
| Current assets | 29/58 | €13,443 | €9,765 | -€3,678 | -27.4% |
| Amounts receivable within one year | 40/41 | €9,048 | €5,496 | -€3,552 | -39.3% |
| Trade receivables | 40 | €9,048 | €5,496 | -€3,552 | -39.3% |
| Cash at bank and in hand | 54/58 | €4,396 | €3,846 | -€549 | -12.5% |
| Deferred charges and accrued income | 490/1 | - | €423 | +€423 | |
| Total equity and liabilities | 10/49 | €15,235 | €10,921 | -€4,314 | -28.3% |
| Equity | 10/15 | €9,461 | €5,911 | -€3,550 | -37.5% |
| Contributions | 10/11 | €6,182 | €6,182 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,279 | -€271 | -€3,550 | |
| Amounts payable | 17/49 | €5,774 | €5,010 | -€764 | -13.2% |
| Amounts payable within one year | 42/48 | €5,774 | €5,010 | -€764 | -13.2% |
| Financial debts | 43 | - | €17 | +€17 | |
| Credit institutions | 430/8 | - | €17 | +€17 | |
| Trade debts | 44 | €3,523 | €953 | -€2,570 | -72.9% |
| Suppliers | 440/4 | €3,523 | €953 | -€2,570 | -72.9% |
| Taxes, remuneration and social security | 45 | €752 | €2,397 | +€1,645 | +219% |
| Taxes | 450/3 | €752 | €2,397 | +€1,645 | +219% |
| Other amounts payable | 47/48 | €1,499 | €1,643 | +€144 | +9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €157 | €636 | +€480 | +306% |
| Other operating charges | 640/8 | - | €787 | +€787 | |
| Gross operating margin | 9900 | €7,068 | -€2,772 | -€9,840 | |
| Operating profit (loss) | 9901 | €6,912 | -€4,195 | -€11,107 | |
| Financial income | 75/76B | - | €834 | +€834 | |
| Recurring financial income | 75 | - | €834 | +€834 | |
| Financial charges | 65/66B | €271 | €190 | -€81 | -30.0% |
| Recurring financial charges | 65 | €271 | €190 | -€81 | -30.0% |
| Profit (loss) for the period before taxes | 9903 | €6,641 | -€3,550 | -€10,191 | |
| Income taxes | 67/77 | €136 | - | -€136 | |
| Profit (loss) for the period | 9904 | €6,505 | -€3,550 | -€10,055 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,505 | -€3,550 | -€10,055 |
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 27 October 2026 via checked.be.