DEGREES MUSIC: what changed
DEGREES MUSIC
Largest movements
- Tangible fixed assets -€790
down €790 (-100%), from €790 to €0
of which Furniture and vehicles: -€790
- Cash +€43
up €43 (+378%), from €11 to €54
mainly Depreciation (+€790) and Tax, wage and social debts (+€584)
- Other debts -€693
down €693 (-31.8%), from €2,182 to €1,489
- Profit (loss) carried forward -€637
down €637 (-5.6%), from -€11,381 to -€12,018
- Tax, wage and social debts +€584
up €584, from €0 to €584
- Gross operating margin +€2,282
up €2,282, from -€1,201 to €1,081
- Purchases and services -€1,831
down €1,831 (-93.5%), from €1,959 to €128
- Other operating charges +€785
new in 2024: €785
- Financial charges -€614
down €614 (-81.0%), from €759 to €144
of which Non-recurring financial charges: -€540
- Turnover +€451
up €451 (+59.5%), from €758 to €1,209
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €801 | €54 | -€746 | -93.2% |
| Fixed assets | 21/28 | €790 | €0 | -€790 | -100% |
| Tangible fixed assets | 22/27 | €790 | €0 | -€790 | -100% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €790 | €0 | -€790 | -100% |
| Current assets | 29/58 | €11 | €54 | +€43 | +378% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €11 | €54 | +€43 | +378% |
| Total equity and liabilities | 10/49 | €801 | €54 | -€746 | -93.2% |
| Equity | 10/15 | -€1,381 | -€2,018 | -€637 | -46.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | €10,000 | = | 0.0% |
| Issued capital | 100 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,381 | -€12,018 | -€637 | -5.6% |
| Amounts payable | 17/49 | €2,182 | €2,073 | -€109 | -5.0% |
| Amounts payable within one year | 42/48 | €2,182 | €2,073 | -€109 | -5.0% |
| Taxes, remuneration and social security | 45 | €0 | €584 | +€584 | |
| Taxes | 450/3 | €0 | €584 | +€584 | |
| Other amounts payable | 47/48 | €2,182 | €1,489 | -€693 | -31.8% |
| Turnover | 70 | €758 | €1,209 | +€451 | +59.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,959 | €128 | -€1,831 | -93.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €790 | €790 | = | 0.0% |
| Other operating charges | 640/8 | - | €785 | +€785 | |
| Gross operating margin | 9900 | -€1,201 | €1,081 | +€2,282 | |
| Operating profit (loss) | 9901 | -€1,991 | -€493 | +€1,498 | +75.2% |
| Financial charges | 65/66B | €759 | €144 | -€614 | -81.0% |
| Recurring financial charges | 65 | €219 | €144 | -€74 | -34.0% |
| Non-recurring financial charges | 66B | €540 | €0 | -€540 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€2,749 | -€637 | +€2,112 | +76.8% |
| Profit (loss) for the period | 9904 | -€2,749 | -€637 | +€2,112 | +76.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,749 | -€637 | +€2,112 | +76.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.