MUSIC 4 FUN: what changed
What changed
MUSIC 4 FUN
NACE 93.293, Sports, amusement and recreation activities
filed annual accounts (NBB)
Net result for the year
€15,036
2024 · -€37,550+€52,586
Equity
€123,801
2024 · €112,097+€11,704
Cash
€32,470
2024 · €32,074+€396
Balance sheet total
€149,958
2024 · €162,105-€12,146
Largest movements
Assets
- Intangible fixed assets -€9,436
down €9,436 (-21.8%), from €43,239 to €33,803
- Tangible fixed assets -€4,517
down €4,517 (-5.8%), from €77,601 to €73,084
- Deferred charges and accrued income +€1,927
up €1,927 (+62.6%), from €3,077 to €5,004
Equity and liabilities
- Trade debts -€21,885
down €21,885 (-80.9%), from €27,042 to €5,157
- Profit (loss) carried forward +€11,704
up €11,704 (+80.2%), from -€14,600 to -€2,896
- Accrued charges and deferred income -€5,827
down €5,827 (-80.5%), from €7,241 to €1,414
- Tax, wage and social debts +€4,002
up €4,002 (+37.7%), from €10,608 to €14,610
Income statement
- Gross operating margin +€56,845
up €56,845 (+569%), from €9,988 to €66,833
- Depreciation +€4,949
up €4,949 (+12.2%), from €40,629 to €45,578
- Other operating charges -€1,009
down €1,009 (-19.9%), from €5,079 to €4,070
Change in the result, 2024 to 2025
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 2024
-€37,550
Gross operating margin
+€56,845
Depreciation
-€4,949
Other operating charges
+€1,009
Financial income
-€10
Financial charges
-€324
Taxes
+€15
Result 2025
€15,036
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€35,353
Investment
-€31,625
Financing
-€3,332
Cash 2024
€32,074
From operations (derived)
+€35,353
Net result for the year
+€15,036
Depreciation
+€45,578
Receivables within one year
+€516
Deferred charges and accrued income
-€1,927
Trade debts
-€21,885
Tax, wage and social debts
+€4,002
Other debts
-€139
Accrued charges and deferred income
-€5,827
Investment (derived)
-€31,625
Investment in fixed assets (net)
-€31,625
Financing
-€3,332
Contributions, distributions and other
-€3,332
Cash 2025
€32,470
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €162,105 | €149,958 | -€12,146 | -7.5% |
| Fixed assets | 21/28 | €120,840 | €106,887 | -€13,953 | -11.5% |
| Intangible fixed assets | 21 | €43,239 | €33,803 | -€9,436 | -21.8% |
| Tangible fixed assets | 22/27 | €77,601 | €73,084 | -€4,517 | -5.8% |
| Plant, machinery and equipment | 23 | €77,601 | €73,084 | -€4,517 | -5.8% |
| Current assets | 29/58 | €41,265 | €43,071 | +€1,807 | +4.4% |
| Amounts receivable within one year | 40/41 | €6,114 | €5,597 | -€516 | -8.4% |
| Trade receivables | 40 | €5,671 | €5,212 | -€459 | -8.1% |
| Other amounts receivable | 41 | €442 | €385 | -€57 | -12.8% |
| Cash at bank and in hand | 54/58 | €32,074 | €32,470 | +€396 | +1.2% |
| Deferred charges and accrued income | 490/1 | €3,077 | €5,004 | +€1,927 | +62.6% |
| Total equity and liabilities | 10/49 | €162,105 | €149,958 | -€12,146 | -7.5% |
| Equity | 10/15 | €112,097 | €123,801 | +€11,704 | +10.4% |
| Contributions | 10/11 | €47,287 | €47,287 | = | 0.0% |
| Reserves | 13 | €79,410 | €79,410 | = | 0.0% |
| Distributable reserves | 133 | €79,410 | €79,410 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,600 | -€2,896 | +€11,704 | +80.2% |
| Amounts payable | 17/49 | €50,007 | €26,157 | -€23,850 | -47.7% |
| Amounts payable within one year | 42/48 | €42,766 | €24,743 | -€18,023 | -42.1% |
| Trade debts | 44 | €27,042 | €5,157 | -€21,885 | -80.9% |
| Suppliers | 440/4 | €27,042 | €5,157 | -€21,885 | -80.9% |
| Taxes, remuneration and social security | 45 | €10,608 | €14,610 | +€4,002 | +37.7% |
| Taxes | 450/3 | €10,608 | €14,610 | +€4,002 | +37.7% |
| Other amounts payable | 47/48 | €5,116 | €4,977 | -€139 | -2.7% |
| Accrued charges and deferred income | 492/3 | €7,241 | €1,414 | -€5,827 | -80.5% |
| Non-recurring operating income | 76A | - | €2,000 | +€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,629 | €45,578 | +€4,949 | +12.2% |
| Other operating charges | 640/8 | €5,079 | €4,070 | -€1,009 | -19.9% |
| Gross operating margin | 9900 | €9,988 | €66,833 | +€56,845 | +569% |
| Operating profit (loss) | 9901 | -€35,720 | €17,185 | +€52,905 | |
| Financial income | 75/76B | €13 | €3 | -€10 | -75.9% |
| Recurring financial income | 75 | €13 | €3 | -€10 | -75.9% |
| Financial charges | 65/66B | €1,454 | €1,778 | +€324 | +22.3% |
| Recurring financial charges | 65 | €1,454 | €1,778 | +€324 | +22.3% |
| Profit (loss) for the period before taxes | 9903 | -€37,161 | €15,410 | +€52,571 | |
| Income taxes | 67/77 | €389 | €374 | -€15 | -3.9% |
| Profit (loss) for the period | 9904 | -€37,550 | €15,036 | +€52,586 | |
| Profit (loss) for the period to be appropriated | 9905 | -€37,550 | €15,036 | +€52,586 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.