MUSIC - ALL: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
MUSIC - ALL
Largest movements
- Tangible fixed assets -€7,283
down €7,283 (-24.9%), from €29,202 to €21,919
of which Furniture and vehicles: -€9,525
- Receivables within one year -€1,799
down €1,799 (-5.8%), from €31,123 to €29,324
of which Other amounts receivable: -€1,195
- Reserves -€6,174
down €6,174 (-72.7%), from €8,487 to €2,313
of which Tax-exempt reserves: -€4,315
- Debts after one year -€6,093
down €6,093 (-85.4%), from €7,136 to €1,042
- Profit (loss) carried forward +€2,239
up €2,239 (+21.5%), from -€10,394 to -€8,155
- Gross operating margin -€4,024
down €4,024 (-29.3%), from €13,744 to €9,720
- Taxes +€616
up €616 (+194%), from €317 to €933
- Depreciation +€200
up €200 (+1.9%), from €10,458 to €10,658
Change in the result, 2025 to 2026
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 2025 and 2026 balance sheets and the 2026 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 | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,111 | €55,166 | -€8,945 | -14.0% |
| Fixed assets | 21/28 | €29,202 | €21,919 | -€7,283 | -24.9% |
| Tangible fixed assets | 22/27 | €29,202 | €21,919 | -€7,283 | -24.9% |
| Plant, machinery and equipment | 23 | - | €2,242 | +€2,242 | |
| Furniture and vehicles | 24 | €29,202 | €19,676 | -€9,525 | -32.6% |
| Current assets | 29/58 | €34,909 | €33,247 | -€1,662 | -4.8% |
| Amounts receivable within one year | 40/41 | €31,123 | €29,324 | -€1,799 | -5.8% |
| Trade receivables | 40 | €29,923 | €29,318 | -€605 | -2.0% |
| Other amounts receivable | 41 | €1,200 | €5 | -€1,195 | -99.6% |
| Cash at bank and in hand | 54/58 | €3,674 | €3,462 | -€212 | -5.8% |
| Deferred charges and accrued income | 490/1 | €112 | €462 | +€350 | +312% |
| Total equity and liabilities | 10/49 | €64,111 | €55,166 | -€8,945 | -14.0% |
| Equity | 10/15 | €16,685 | €12,750 | -€3,935 | -23.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €8,487 | €2,313 | -€6,174 | -72.7% |
| Tax-exempt reserves | 132 | €4,315 | €0 | -€4,315 | -100% |
| Distributable reserves | 133 | €4,172 | €2,313 | -€1,859 | -44.6% |
| Profit (loss) carried forward | 14 | -€10,394 | -€8,155 | +€2,239 | +21.5% |
| Amounts payable | 17/49 | €47,426 | €42,416 | -€5,010 | -10.6% |
| Amounts payable after more than one year | 17 | €7,136 | €1,042 | -€6,093 | -85.4% |
| Financial debts | 170/4 | €7,136 | €1,042 | -€6,093 | -85.4% |
| Amounts payable within one year | 42/48 | €38,790 | €39,874 | +€1,084 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €5,829 | €6,093 | +€265 | +4.5% |
| Trade debts | 44 | €666 | €757 | +€90 | +13.6% |
| Suppliers | 440/4 | €666 | €757 | +€90 | +13.6% |
| Taxes, remuneration and social security | 45 | €5,079 | €5,510 | +€431 | +8.5% |
| Taxes | 450/3 | €5,079 | €5,510 | +€431 | +8.5% |
| Other amounts payable | 47/48 | €27,216 | €27,514 | +€298 | +1.1% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,458 | €10,658 | +€200 | +1.9% |
| Other operating charges | 640/8 | €1,273 | €1,211 | -€63 | -4.9% |
| Gross operating margin | 9900 | €13,744 | €9,720 | -€4,024 | -29.3% |
| Operating profit (loss) | 9901 | €2,013 | -€2,149 | -€4,162 | |
| Financial income | 75/76B | €3 | €1 | -€3 | -77.0% |
| Recurring financial income | 75 | €3 | €1 | -€3 | -77.0% |
| Financial charges | 65/66B | €988 | €855 | -€133 | -13.5% |
| Recurring financial charges | 65 | €988 | €855 | -€133 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | €1,028 | -€3,003 | -€4,031 | |
| Income taxes | 67/77 | €317 | €933 | +€616 | +194% |
| Profit (loss) for the period | 9904 | €711 | -€3,935 | -€4,647 | |
| Transfer from tax-exempt reserves | 789 | - | €4,315 | +€4,315 | |
| Profit (loss) for the period to be appropriated | 9905 | €711 | €380 | -€332 | -46.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.