MusicMind: 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.
MusicMind
Largest movements
- Receivables within one year -€13,770
down €13,770 (-72.4%), from €19,028 to €5,258
of which Trade receivables: -€16,210
- Cash +€4,955
up €4,955 (+100%), from €4,944 to €9,899
mainly Receivables within one year (+€13,770) and Depreciation (+€4,176)
- Deferred charges and accrued income +€3,331
up €3,331 (+103%), from €3,235 to €6,566
- Tangible fixed assets -€2,966
down €2,966 (-30.8%), from €9,624 to €6,658
- Intangible fixed assets -€1,210
down €1,210 (-11.0%), from €11,006 to €9,796
- Trade debts -€13,616
down €13,616 (-97.5%), from €13,964 to €347
- Profit (loss) carried forward +€2,091
up €2,091 (+117%), from €1,787 to €3,878
- Other debts +€1,865
up €1,865 (+6.4%), from €29,087 to €30,951
- Gross operating margin +€1,642
up €1,642 (+18.2%), from €8,997 to €10,639
- Depreciation +€1,047
up €1,047 (+33.5%), from €3,129 to €4,176
- Other operating charges +€290
up €290 (+189%), from €154 to €444
- Taxes +€277
up €277 (+10.3%), from €2,678 to €2,955
- Financial charges -€221
down €221 (-17.6%), from €1,250 to €1,029
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 | €47,837 | €38,176 | -€9,661 | -20.2% |
| Fixed assets | 21/28 | €20,630 | €16,454 | -€4,176 | -20.2% |
| Intangible fixed assets | 21 | €11,006 | €9,796 | -€1,210 | -11.0% |
| Tangible fixed assets | 22/27 | €9,624 | €6,658 | -€2,966 | -30.8% |
| Furniture and vehicles | 24 | €9,624 | €6,658 | -€2,966 | -30.8% |
| Current assets | 29/58 | €27,207 | €21,723 | -€5,484 | -20.2% |
| Amounts receivable within one year | 40/41 | €19,028 | €5,258 | -€13,770 | -72.4% |
| Trade receivables | 40 | €16,408 | €199 | -€16,210 | -98.8% |
| Other amounts receivable | 41 | €2,620 | €5,059 | +€2,440 | +93.1% |
| Cash at bank and in hand | 54/58 | €4,944 | €9,899 | +€4,955 | +100% |
| Deferred charges and accrued income | 490/1 | €3,235 | €6,566 | +€3,331 | +103% |
| Total equity and liabilities | 10/49 | €47,837 | €38,176 | -€9,661 | -20.2% |
| Equity | 10/15 | €4,787 | €6,878 | +€2,091 | +43.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,787 | €3,878 | +€2,091 | +117% |
| Amounts payable | 17/49 | €43,050 | €31,298 | -€11,752 | -27.3% |
| Amounts payable within one year | 42/48 | €43,050 | €31,298 | -€11,752 | -27.3% |
| Trade debts | 44 | €13,964 | €347 | -€13,616 | -97.5% |
| Suppliers | 440/4 | €13,964 | €347 | -€13,616 | -97.5% |
| Other amounts payable | 47/48 | €29,087 | €30,951 | +€1,865 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,129 | €4,176 | +€1,047 | +33.5% |
| Other operating charges | 640/8 | €154 | €444 | +€290 | +189% |
| Gross operating margin | 9900 | €8,997 | €10,639 | +€1,642 | +18.2% |
| Operating profit (loss) | 9901 | €5,715 | €6,019 | +€305 | +5.3% |
| Financial income | 75/76B | - | €56 | +€56 | |
| Recurring financial income | 75 | - | €56 | +€56 | |
| Financial charges | 65/66B | €1,250 | €1,029 | -€221 | -17.6% |
| Recurring financial charges | 65 | €1,250 | €1,029 | -€221 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €4,465 | €5,046 | +€581 | +13.0% |
| Income taxes | 67/77 | €2,678 | €2,955 | +€277 | +10.3% |
| Profit (loss) for the period | 9904 | €1,787 | €2,091 | +€305 | +17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,787 | €2,091 | +€305 | +17.0% |
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 14 October 2026 via checked.be.