MEET 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.
MEET MUSIC
Largest movements
- Tangible fixed assets -€16,155
down €16,155 (-99.3%), from €16,268 to €113
of which Other tangible fixed assets: -€16,034
- Cash -€375
down €375 (-95.8%), from €391 to €16
mainly Net result for the year (-€12,345) and Debts after one year (-€7,140)
- Profit (loss) carried forward -€12,345
down €12,345 (-5.3%), from -€234,583 to -€246,928
- Other debts +€7,514
new in 2025: €7,514
- Debts after one year -€7,140
down €7,140 (-3.8%), from €187,917 to €180,777
- Trade debts -€4,559
down €4,559 (-100%), from €4,559 to €0
- Other operating charges -€7,910
down €7,910 (-85.0%), from €9,304 to €1,394
- Gross operating margin +€719
up €719 (+15.9%), from €4,531 to €5,249
- Depreciation -€500
down €500 (-3.0%), from €16,655 to €16,155
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 | €16,659 | €129 | -€16,529 | -99.2% |
| Fixed assets | 21/28 | €16,268 | €113 | -€16,155 | -99.3% |
| Tangible fixed assets | 22/27 | €16,268 | €113 | -€16,155 | -99.3% |
| Land and buildings | 22 | €121 | €0 | -€121 | -100% |
| Other tangible fixed assets | 26 | €16,147 | €113 | -€16,034 | -99.3% |
| Current assets | 29/58 | €391 | €16 | -€375 | -95.8% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €391 | €16 | -€375 | -95.8% |
| Total equity and liabilities | 10/49 | €16,659 | €129 | -€16,529 | -99.2% |
| Equity | 10/15 | -€175,817 | -€188,162 | -€12,345 | -7.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €40,174 | €40,174 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,489 | €12,489 | = | 0.0% |
| Distributable reserves | 133 | €25,825 | €25,825 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€234,583 | -€246,928 | -€12,345 | -5.3% |
| Amounts payable | 17/49 | €192,476 | €188,291 | -€4,184 | -2.2% |
| Amounts payable after more than one year | 17 | €187,917 | €180,777 | -€7,140 | -3.8% |
| Other amounts payable | 178/9 | €187,917 | €180,777 | -€7,140 | -3.8% |
| Amounts payable within one year | 42/48 | €4,559 | €7,514 | +€2,956 | +64.8% |
| Trade debts | 44 | €4,559 | €0 | -€4,559 | -100% |
| Suppliers | 440/4 | €4,559 | €0 | -€4,559 | -100% |
| Other amounts payable | 47/48 | - | €7,514 | +€7,514 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,655 | €16,155 | -€500 | -3.0% |
| Other operating charges | 640/8 | €9,304 | €1,394 | -€7,910 | -85.0% |
| Gross operating margin | 9900 | €4,531 | €5,249 | +€719 | +15.9% |
| Operating profit (loss) | 9901 | -€21,428 | -€12,300 | +€9,128 | +42.6% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€21,473 | -€12,345 | +€9,128 | +42.5% |
| Profit (loss) for the period | 9904 | -€21,473 | -€12,345 | +€9,128 | +42.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,473 | -€12,345 | +€9,128 | +42.5% |
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 1 November 2026 via checked.be.