De Musik: 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.
De Musik
Largest movements
- Cash -€5,549
down €5,549 (-21.1%), from €26,238 to €20,689
mainly Other debts (-€8,622) and Tax, wage and social debts (-€4,286)
- Tangible fixed assets -€3,978
down €3,978 (-38.4%), from €10,363 to €6,386
of which Other tangible fixed assets: -€2,320
- Stocks and contracts -€1,016
down €1,016 (-13.3%), from €7,613 to €6,597
- Receivables within one year -€682
down €682 (-98.3%), from €694 to €12
- Other debts -€8,622
down €8,622 (-94.3%), from €9,145 to €523
- Tax, wage and social debts -€4,286
down €4,286 (-25.9%), from €16,564 to €12,278
of which Taxes: -€10,484
- Profit (loss) carried forward +€3,513
up €3,513 (+95.9%), from €3,663 to €7,176
- Trade debts -€1,838
down €1,838 (-18.8%), from €9,771 to €7,933
- Staff costs +€19,792
up €19,792 (+24.3%), from €81,556 to €101,349
- Gross operating margin +€6,936
up €6,936 (+6.6%), from €105,527 to €112,463
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 | €51,392 | €40,159 | -€11,233 | -21.9% |
| Fixed assets | 21/28 | €16,054 | €12,277 | -€3,777 | -23.5% |
| Tangible fixed assets | 22/27 | €10,363 | €6,386 | -€3,978 | -38.4% |
| Plant, machinery and equipment | 23 | €1,445 | €393 | -€1,052 | -72.8% |
| Furniture and vehicles | 24 | €1,210 | €604 | -€606 | -50.1% |
| Other tangible fixed assets | 26 | €7,708 | €5,389 | -€2,320 | -30.1% |
| Financial fixed assets | 28 | €5,691 | €5,891 | +€200 | +3.5% |
| Current assets | 29/58 | €35,337 | €27,882 | -€7,456 | -21.1% |
| Stocks and contracts in progress | 3 | €7,613 | €6,597 | -€1,016 | -13.3% |
| Stocks | 30/36 | €7,613 | €6,597 | -€1,016 | -13.3% |
| Amounts receivable within one year | 40/41 | €694 | €12 | -€682 | -98.3% |
| Other amounts receivable | 41 | €694 | €12 | -€682 | -98.3% |
| Cash at bank and in hand | 54/58 | €26,238 | €20,689 | -€5,549 | -21.1% |
| Deferred charges and accrued income | 490/1 | €792 | €584 | -€209 | -26.3% |
| Total equity and liabilities | 10/49 | €51,392 | €40,159 | -€11,233 | -21.9% |
| Equity | 10/15 | €11,663 | €15,176 | +€3,513 | +30.1% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,663 | €7,176 | +€3,513 | +95.9% |
| Amounts payable | 17/49 | €39,728 | €24,983 | -€14,746 | -37.1% |
| Amounts payable after more than one year | 17 | €4,249 | €4,249 | = | 0.0% |
| Financial debts | 170/4 | €4,249 | €4,249 | = | 0.0% |
| Amounts payable within one year | 42/48 | €35,480 | €20,734 | -€14,746 | -41.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €9,771 | €7,933 | -€1,838 | -18.8% |
| Suppliers | 440/4 | €9,771 | €7,933 | -€1,838 | -18.8% |
| Taxes, remuneration and social security | 45 | €16,564 | €12,278 | -€4,286 | -25.9% |
| Taxes | 450/3 | €11,799 | €1,315 | -€10,484 | -88.9% |
| Remuneration and social security | 454/9 | €4,765 | €10,964 | +€6,199 | +130% |
| Other amounts payable | 47/48 | €9,145 | €523 | -€8,622 | -94.3% |
| Remuneration, social security and pensions | 62 | €81,556 | €101,349 | +€19,792 | +24.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,347 | €3,978 | -€369 | -8.5% |
| Other operating charges | 640/8 | €2,586 | €3,364 | +€778 | +30.1% |
| Gross operating margin | 9900 | €105,527 | €112,463 | +€6,936 | +6.6% |
| Operating profit (loss) | 9901 | €17,038 | €3,773 | -€13,265 | -77.9% |
| Financial income | 75/76B | €180 | €4 | -€175 | -97.6% |
| Recurring financial income | 75 | €180 | €4 | -€175 | -97.6% |
| Financial charges | 65/66B | €283 | €264 | -€18 | -6.4% |
| Recurring financial charges | 65 | €283 | €264 | -€18 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €16,935 | €3,513 | -€13,422 | -79.3% |
| Profit (loss) for the period | 9904 | €16,935 | €3,513 | -€13,422 | -79.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,935 | €3,513 | -€13,422 | -79.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.