MUSICLAB: 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.
MUSICLAB
Largest movements
- Tangible fixed assets -€1,605
down €1,605 (-22.5%), from €7,148 to €5,543
- Receivables within one year +€1,575
up €1,575 (+72.0%), from €2,187 to €3,762
of which Other amounts receivable: +€1,515
- Cash -€729
down €729 (-9.0%), from €8,136 to €7,407
mainly Investment in fixed assets (net) (-€1,961) and Receivables within one year (-€1,575)
- Trade debts -€753
down €753 (-54.5%), from €1,382 to €629
- Gross operating margin -€4,015
down €4,015 (-51.0%), from €7,871 to €3,856
- Depreciation +€287
up €287 (+8.8%), from €3,279 to €3,566
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.
Cash bridge derived
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 | €20,433 | €19,674 | -€759 | -3.7% |
| Fixed assets | 21/28 | €10,110 | €8,505 | -€1,605 | -15.9% |
| Tangible fixed assets | 22/27 | €7,148 | €5,543 | -€1,605 | -22.5% |
| Furniture and vehicles | 24 | €7,148 | €5,543 | -€1,605 | -22.5% |
| Financial fixed assets | 28 | €2,962 | €2,962 | = | 0.0% |
| Current assets | 29/58 | €10,323 | €11,169 | +€846 | +8.2% |
| Amounts receivable within one year | 40/41 | €2,187 | €3,762 | +€1,575 | +72.0% |
| Trade receivables | 40 | €1,700 | €1,760 | +€60 | +3.5% |
| Other amounts receivable | 41 | €487 | €2,002 | +€1,515 | +311.1% |
| Cash at bank and in hand | 54/58 | €8,136 | €7,407 | -€729 | -9.0% |
| Total equity and liabilities | 10/49 | €20,433 | €19,674 | -€759 | -3.7% |
| Equity | 10/15 | €18,913 | €19,025 | +€112 | +0.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,598 | €1,598 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,598 | €1,598 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,598 | €1,598 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,285 | -€1,173 | +€112 | +8.7% |
| Amounts payable | 17/49 | €1,520 | €649 | -€871 | -57.3% |
| Amounts payable within one year | 42/48 | €1,520 | €649 | -€871 | -57.3% |
| Trade debts | 44 | €1,382 | €629 | -€753 | -54.5% |
| Suppliers | 440/4 | €1,382 | €629 | -€753 | -54.5% |
| Taxes, remuneration and social security | 45 | €38 | €20 | -€18 | -47.4% |
| Taxes | 450/3 | €38 | €20 | -€18 | -47.4% |
| Other amounts payable | 47/48 | €100 | - | -€100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,279 | €3,566 | +€287 | +8.8% |
| Other operating charges | 640/8 | €104 | €107 | +€3 | +2.9% |
| Gross operating margin | 9900 | €7,871 | €3,856 | -€4,015 | -51.0% |
| Operating profit (loss) | 9901 | €4,488 | €183 | -€4,305 | -95.9% |
| Financial charges | 65/66B | €84 | €71 | -€13 | -15.5% |
| Recurring financial charges | 65 | €84 | €71 | -€13 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | €4,404 | €112 | -€4,292 | -97.5% |
| Profit (loss) for the period | 9904 | €4,404 | €112 | -€4,292 | -97.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,404 | €112 | -€4,292 | -97.5% |
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 11 October 2026 via checked.be.