MUSIC CREW: 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.
MUSIC CREW
Largest movements
- Cash -€9,009
down €9,009 (-27.6%), from €32,605 to €23,596
mainly Current portion of long-term debt (-€9,672) and Trade debts (-€9,080)
- Deferred charges and accrued income -€1,570
no longer reported in 2025 (was €1,570)
- Stocks and contracts -€1,522
down €1,522 (-1.3%), from €112,970 to €111,448
- Current portion of long-term debt -€9,672
no longer reported in 2025 (was €9,672)
- Trade debts -€9,080
down €9,080 (-48.0%), from €18,934 to €9,854
- Other debts -€8,514
down €8,514 (-9.7%), from €88,014 to €79,500
- Profit (loss) carried forward +€6,598
up €6,598 (+53.2%), from €12,405 to €19,002
- Short-term financial debts +€5,994
new in 2025: €5,994
- Gross operating margin +€5,776
up €5,776 (+72.0%), from €8,026 to €13,802
- Taxes +€1,791
new in 2025: €1,791
- Other operating charges -€218
down €218 (-64.5%), from €338 to €120
- Financial charges +€148
up €148 (+2.9%), from €5,183 to €5,331
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 | €148,458 | €135,802 | -€12,656 | -8.5% |
| Current assets | 29/58 | €148,458 | €135,802 | -€12,656 | -8.5% |
| Stocks and contracts in progress | 3 | €112,970 | €111,448 | -€1,522 | -1.3% |
| Stocks | 30/36 | €112,970 | €111,448 | -€1,522 | -1.3% |
| Amounts receivable within one year | 40/41 | €1,313 | €758 | -€555 | -42.3% |
| Other amounts receivable | 41 | €1,313 | €758 | -€555 | -42.3% |
| Cash at bank and in hand | 54/58 | €32,605 | €23,596 | -€9,009 | -27.6% |
| Deferred charges and accrued income | 490/1 | €1,570 | - | -€1,570 | |
| Total equity and liabilities | 10/49 | €148,458 | €135,802 | -€12,656 | -8.5% |
| Equity | 10/15 | €29,970 | €36,567 | +€6,598 | +22.0% |
| Contributions | 10/11 | €15,710 | €15,710 | = | 0.0% |
| Contributions outside capital | 11 | - | €15,710 | +€15,710 | |
| Other | 1109/19 | - | €15,710 | +€15,710 | |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,405 | €19,002 | +€6,598 | +53.2% |
| Amounts payable | 17/49 | €118,489 | €99,235 | -€19,254 | -16.2% |
| Amounts payable within one year | 42/48 | €118,489 | €99,235 | -€19,254 | -16.2% |
| Current portion of amounts payable after more than one year | 42 | €9,672 | - | -€9,672 | |
| Financial debts | 43 | - | €5,994 | +€5,994 | |
| Credit institutions | 430/8 | - | €5,994 | +€5,994 | |
| Trade debts | 44 | €18,934 | €9,854 | -€9,080 | -48.0% |
| Suppliers | 440/4 | €18,934 | €9,854 | -€9,080 | -48.0% |
| Taxes, remuneration and social security | 45 | €1,869 | €3,887 | +€2,018 | +108% |
| Taxes | 450/3 | €619 | €2,637 | +€2,018 | +326% |
| Remuneration and social security | 454/9 | €1,250 | €1,250 | = | 0.0% |
| Other amounts payable | 47/48 | €88,014 | €79,500 | -€8,514 | -9.7% |
| Other operating charges | 640/8 | €338 | €120 | -€218 | -64.5% |
| Gross operating margin | 9900 | €8,026 | €13,802 | +€5,776 | +72.0% |
| Operating profit (loss) | 9901 | €7,688 | €13,682 | +€5,994 | +78.0% |
| Financial income | 75/76B | €0 | €38 | +€38 | +7,987% |
| Recurring financial income | 75 | €0 | €38 | +€38 | +7,987% |
| Financial charges | 65/66B | €5,183 | €5,331 | +€148 | +2.9% |
| Recurring financial charges | 65 | €5,183 | €5,331 | +€148 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €2,506 | €8,389 | +€5,883 | +235% |
| Income taxes | 67/77 | - | €1,791 | +€1,791 | |
| Profit (loss) for the period | 9904 | €2,506 | €6,598 | +€4,092 | +163% |
| Profit (loss) for the period to be appropriated | 9905 | €2,506 | €6,598 | +€4,092 | +163% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.