Skip to content

C-true Music: what changed

What changed

C-true Music

BE 0819.801.933
NACE 90.201, Performing arts by independent artists
filed annual accounts (NBB)
Financial years compared with
Net result for the year
-€5,523
2013 · -€3,658-€1,864
Equity
€4,572
2013 · €10,095-€5,523
Cash
€314
2013 · €849-€535
Balance sheet total
€4,861
2013 · €10,232-€5,370

Largest movements

2013 to 2014
Assets
  • Tangible fixed assets -€4,935

    no longer reported in 2014 (was €4,935)

  • Cash -€535

    down €535 (-63.1%), from €849 to €314

    mainly Net result for the year (-€5,523) and Receivables within one year (-€100)

Equity and liabilities
  • Profit (loss) carried forward -€5,523

    down €5,523 (-54.7%), from €10,095 to €4,572

  • Trade debts +€152

    up €152 (+111%), from €137 to €289

Income statement
  • Gross operating margin -€3,424

    down €3,424 (-224%), from -€1,528 to -€4,952

  • Depreciation -€1,818

    no longer reported in 2014 (was €1,818)

Change in the result, 2013 to 2014

effect on the result

For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.

Result 2013 -€3,658
Gross operating margin -€3,424
Depreciation +€1,818
Other operating items +€1
Financial income -€2
Financial charges +€1
Deferred taxes and other -€259
Result 2014 -€5,523
raises the resultlowers the resultnot broken down further in the accounts

Derived cash bridge

cash 2013 to 2014

The bridge is derived from the 2013 and 2014 balance sheets and the 2014 result. There is no filed cash-flow statement. You see where the money came from and where it went.

From operations -€5,470
Investment +€4,935
Financing €0
Cash 2013 €849
Net result for the year -€5,523
Receivables within one year -€100
Trade debts +€152
Investment in fixed assets (net) +€4,935
Cash 2014 €314
brings cash intakes cash out
Every line side by side 20 lines
Line Code 2013 2014 Change %
Total assets 20/58 €10,232 €4,861 -€5,370 -52.5%
Fixed assets 21/28 €4,935 - -€4,935
Tangible fixed assets 22/27 €4,935 - -€4,935
Current assets 29/58 €5,297 €4,861 -€435 -8.2%
Amounts receivable within one year 40/41 €4,448 €4,548 +€100 +2.2%
Cash at bank and in hand 54/58 €849 €314 -€535 -63.1%
Total equity and liabilities 10/49 €10,232 €4,861 -€5,370 -52.5%
Equity 10/15 €10,095 €4,572 -€5,523 -54.7%
Profit (loss) carried forward 14 €10,095 €4,572 -€5,523 -54.7%
Amounts payable 17/49 €137 €289 +€152 +111%
Amounts payable within one year 42/48 €137 €289 +€152 +111%
Trade debts 44 €137 €289 +€152 +111%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,818 - -€1,818
Gross operating margin 9900 -€1,528 -€4,952 -€3,424 -224%
Operating profit (loss) 9901 -€3,626 -€5,231 -€1,605 -44.2%
Recurring financial income 75 €2 - -€2
Recurring financial charges 65 €34 €33 -€1 -3.2%
Profit (loss) for the period before taxes 9903 -€3,658 -€5,263 -€1,606 -43.9%
Profit (loss) for the period 9904 -€3,658 -€5,523 -€1,864 -51.0%
Profit (loss) for the period to be appropriated 9905 -€3,658 -€5,523 -€1,864 -51.0%
Calculation and sources

Source: filed annual accounts (NBB), financial years ended 31 December 2013 and 31 December 2014. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.