Musicube: what changed
Musicube
Largest movements
- Cash +€8,734
up €8,734 (+688%), from €1,270 to €10,004
mainly Depreciation (+€21,090) and Tax, wage and social debts (+€5,881)
- Receivables within one year -€944
down €944 (-9.7%), from €9,735 to €8,790
of which Other amounts receivable: -€1,296
- Tax, wage and social debts +€5,881
up €5,881 (+81.6%), from €7,209 to €13,090
of which Remuneration and social security: +€5,000
- Trade debts +€1,031
up €1,031 (+9.8%), from €10,465 to €11,496
- Profit (loss) carried forward +€880
up €880 (+1,561%), from €56 to €937
- Depreciation +€6,994
up €6,994 (+49.6%), from €14,096 to €21,090
- Gross operating margin +€4,356
up €4,356 (+20.4%), from €21,329 to €25,685
- Financial income +€631
up €631 (+335%), from €189 to €820
- Other operating charges +€515
up €515 (+20.1%), from €2,567 to €3,082
- Taxes -€369
down €369 (-42.0%), from €878 to €509
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €74,285 | €81,969 | +€7,684 | +10.3% |
| Fixed assets | 21/28 | €61,129 | €61,027 | -€102 | -0.2% |
| Tangible fixed assets | 22/27 | €61,129 | €61,027 | -€102 | -0.2% |
| Plant, machinery and equipment | 23 | €29,996 | €37,825 | +€7,830 | +26.1% |
| Furniture and vehicles | 24 | €23,274 | €17,231 | -€6,043 | -26.0% |
| Other tangible fixed assets | 26 | €7,860 | €5,971 | -€1,889 | -24.0% |
| Current assets | 29/58 | €13,156 | €20,942 | +€7,786 | +59.2% |
| Stocks and contracts in progress | 3 | €904 | €842 | -€62 | -6.9% |
| Stocks | 30/36 | €904 | €842 | -€62 | -6.9% |
| Amounts receivable within one year | 40/41 | €9,735 | €8,790 | -€944 | -9.7% |
| Trade receivables | 40 | €6,338 | €6,690 | +€352 | +5.6% |
| Other amounts receivable | 41 | €3,396 | €2,100 | -€1,296 | -38.2% |
| Cash at bank and in hand | 54/58 | €1,270 | €10,004 | +€8,734 | +688% |
| Deferred charges and accrued income | 490/1 | €1,248 | €1,306 | +€58 | +4.7% |
| Total equity and liabilities | 10/49 | €74,285 | €81,969 | +€7,684 | +10.3% |
| Equity | 10/15 | €46,753 | €47,633 | +€880 | +1.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €28,146 | €28,146 | = | 0.0% |
| Distributable reserves | 133 | €28,146 | €28,146 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56 | €937 | +€880 | +1,561% |
| Amounts payable | 17/49 | €27,532 | €34,336 | +€6,803 | +24.7% |
| Amounts payable after more than one year | 17 | €7,500 | €7,500 | = | 0.0% |
| Financial debts | 170/4 | €7,500 | €7,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €20,032 | €26,626 | +€6,593 | +32.9% |
| Trade debts | 44 | €10,465 | €11,496 | +€1,031 | +9.8% |
| Suppliers | 440/4 | €10,465 | €11,496 | +€1,031 | +9.8% |
| Taxes, remuneration and social security | 45 | €7,209 | €13,090 | +€5,881 | +81.6% |
| Taxes | 450/3 | €2,209 | €3,090 | +€881 | +39.9% |
| Remuneration and social security | 454/9 | €5,000 | €10,000 | +€5,000 | +100% |
| Other amounts payable | 47/48 | €2,358 | €2,040 | -€318 | -13.5% |
| Accrued charges and deferred income | 492/3 | - | €210 | +€210 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,096 | €21,090 | +€6,994 | +49.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €665 | €531 | -€134 | -20.1% |
| Other operating charges | 640/8 | €2,567 | €3,082 | +€515 | +20.1% |
| Gross operating margin | 9900 | €21,329 | €25,685 | +€4,356 | +20.4% |
| Operating profit (loss) | 9901 | €4,002 | €982 | -€3,019 | -75.5% |
| Financial income | 75/76B | €189 | €820 | +€631 | +335% |
| Recurring financial income | 75 | €189 | €820 | +€631 | +335% |
| Financial charges | 65/66B | €256 | €412 | +€156 | +61.2% |
| Recurring financial charges | 65 | €256 | €412 | +€156 | +61.2% |
| Profit (loss) for the period before taxes | 9903 | €3,935 | €1,390 | -€2,545 | -64.7% |
| Income taxes | 67/77 | €878 | €509 | -€369 | -42.0% |
| Profit (loss) for the period | 9904 | €3,056 | €880 | -€2,176 | -71.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,056 | €880 | -€2,176 | -71.2% |
Next steps
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 3 November 2026 via checked.be.