Outhere Music: what changed
What changed
Outhere Music
NACE 46.431, Wholesale of electrical household appliances and audio-video equipment
filed annual accounts (NBB)
Net result for the year
-€1.6m
2024 · -€1.6m+€82,897
Equity
€8.8m
2024 · €10.3m-€1.6m
Cash
€503,357
2024 · €525,771-€22,414
Balance sheet total
€12.2m
2024 · €13.6m-€1.4m
Largest movements
Assets
- Stocks and contracts -€913,848
down €913,848 (-43.7%), from €2.1m to €1.2m
- Intangible fixed assets -€479,123
down €479,123 (-11.5%), from €4.2m to €3.7m
Equity and liabilities
- Profit (loss) carried forward -€1.6m
down €1.6m (-14.3%), from -€10.9m to -€12.5m
- Debts after one year +€160,374
up €160,374 (+11.8%), from €1.4m to €1.5m
Income statement
- Financial charges -€1.1m
down €1.1m (-93.2%), from €1.2m to €83,247
of which Non-recurring financial charges: -€1.2m
- Gross operating margin -€915,685
down €915,685 (-92.6%), from €988,766 to €73,081
- Write-downs +€86,752
new in 2025: €86,752
- Staff costs -€45,416
down €45,416 (-6.1%), from €739,028 to €693,612
- Depreciation +€37,109
up €37,109 (+5.5%), from €678,833 to €715,941
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.
Result 2024
-€1.6m
Gross operating margin
-€915,685
Staff costs
+€45,416
Depreciation
-€37,109
Write-downs
-€86,752
Other operating charges
-€588
Other operating items
-€59,110
Financial income
-€2,590
Financial charges
+€1.1m
Taxes
+€4
Result 2025
-€1.6m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€45,418
Investment
-€231,390
Financing
+€163,558
Cash 2024
€525,771
From operations (derived)
+€45,418
Net result for the year
-€1.6m
Depreciation
+€715,941
Stocks and contracts
+€913,848
Receivables within one year
+€24,773
Deferred charges and accrued income
+€701
Trade debts
+€6,650
Tax, wage and social debts
-€7,922
Other debts
-€38,596
Accrued charges and deferred income
-€4,400
Investment (derived)
-€231,390
Investment in fixed assets (net)
-€231,390
Financing
+€163,558
Debts after one year
+€160,374
Current portion of long-term debt
+€3,185
Cash 2025
€503,357
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,608,057 | €12,161,771 | -€1.4m | -10.6% |
| Fixed assets | 21/28 | €8,480,074 | €7,995,523 | -€484,551 | -5.7% |
| Intangible fixed assets | 21 | €4,182,440 | €3,703,317 | -€479,123 | -11.5% |
| Tangible fixed assets | 22/27 | €21,954 | €16,526 | -€5,428 | -24.7% |
| Plant, machinery and equipment | 23 | €2,268 | €1,729 | -€539 | -23.8% |
| Furniture and vehicles | 24 | €10,519 | €7,298 | -€3,221 | -30.6% |
| Other tangible fixed assets | 26 | €9,167 | €7,500 | -€1,667 | -18.2% |
| Financial fixed assets | 28 | €4,275,679 | €4,275,679 | = | 0.0% |
| Current assets | 29/58 | €5,127,983 | €4,166,248 | -€961,735 | -18.8% |
| Stocks and contracts in progress | 3 | €2,093,543 | €1,179,694 | -€913,848 | -43.7% |
| Stocks | 30/36 | €2,093,543 | €1,179,694 | -€913,848 | -43.7% |
| Amounts receivable within one year | 40/41 | €2,501,413 | €2,476,641 | -€24,773 | -1.0% |
| Trade receivables | 40 | €1,962,488 | €1,715,886 | -€246,602 | -12.6% |
| Other amounts receivable | 41 | €538,925 | €760,754 | +€221,829 | +41.2% |
| Cash at bank and in hand | 54/58 | €525,771 | €503,357 | -€22,414 | -4.3% |
| Deferred charges and accrued income | 490/1 | €7,257 | €6,556 | -€701 | -9.7% |
| Total equity and liabilities | 10/49 | €13,608,057 | €12,161,771 | -€1.4m | -10.6% |
| Equity | 10/15 | €10,328,424 | €8,762,848 | -€1.6m | -15.2% |
| Contributions | 10/11 | €21,256,850 | €21,256,850 | = | 0.0% |
| Capital | 10 | €21,256,850 | €21,256,850 | = | 0.0% |
| Issued capital | 100 | €21,256,850 | €21,256,850 | = | 0.0% |
| Reserves | 13 | €2,357 | €2,357 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,357 | €2,357 | = | 0.0% |
| Legal reserve | 130 | €2,357 | €2,357 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,930,783 | -€12,496,359 | -€1.6m | -14.3% |
| Amounts payable | 17/49 | €3,279,633 | €3,398,923 | +€119,290 | +3.6% |
| Amounts payable after more than one year | 17 | €1,361,736 | €1,522,109 | +€160,374 | +11.8% |
| Financial debts | 170/4 | €1,361,736 | €1,522,109 | +€160,374 | +11.8% |
| Amounts payable within one year | 42/48 | €1,888,297 | €1,851,614 | -€36,684 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €86,442 | €89,626 | +€3,185 | +3.7% |
| Trade debts | 44 | €1,468,385 | €1,475,035 | +€6,650 | +0.5% |
| Suppliers | 440/4 | €1,468,385 | €1,475,035 | +€6,650 | +0.5% |
| Taxes, remuneration and social security | 45 | €179,060 | €171,139 | -€7,922 | -4.4% |
| Taxes | 450/3 | €68,411 | €83,995 | +€15,584 | +22.8% |
| Remuneration and social security | 454/9 | €110,650 | €87,143 | -€23,506 | -21.2% |
| Other amounts payable | 47/48 | €154,410 | €115,813 | -€38,596 | -25.0% |
| Accrued charges and deferred income | 492/3 | €29,600 | €25,200 | -€4,400 | -14.9% |
| Remuneration, social security and pensions | 62 | €739,028 | €693,612 | -€45,416 | -6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €678,833 | €715,941 | +€37,109 | +5.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €86,752 | +€86,752 | |
| Other operating charges | 640/8 | €14,218 | €14,807 | +€588 | +4.1% |
| Non-recurring operating charges | 66A | - | €59,110 | +€59,110 | |
| Gross operating margin | 9900 | €988,766 | €73,081 | -€915,685 | -92.6% |
| Operating profit (loss) | 9901 | -€443,313 | -€1,497,141 | -€1.1m | -238% |
| Financial income | 75/76B | €17,930 | €15,340 | -€2,590 | -14.4% |
| Recurring financial income | 75 | €17,930 | €6,168 | -€11,762 | -65.6% |
| Non-recurring financial income | 76B | - | €9,172 | +€9,172 | |
| Financial charges | 65/66B | €1,222,559 | €83,247 | -€1.1m | -93.2% |
| Recurring financial charges | 65 | €38,656 | €83,247 | +€44,592 | +115% |
| Non-recurring financial charges | 66B | €1,183,903 | - | -€1.2m | |
| Profit (loss) for the period before taxes | 9903 | -€1,647,941 | -€1,565,047 | +€82,894 | +5.0% |
| Income taxes | 67/77 | €533 | €529 | -€4 | -0.7% |
| Profit (loss) for the period | 9904 | -€1,648,474 | -€1,565,576 | +€82,897 | +5.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,648,474 | -€1,565,576 | +€82,897 | +5.0% |
Next steps
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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 5 November 2026 via checked.be.