PEERMUSIC (BELGIUM): 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.
PEERMUSIC (BELGIUM)
Largest movements
- Receivables within one year -€91,803
down €91,803 (-15.6%), from €587,668 to €495,865
- Cash -€63,446
down €63,446 (-14.8%), from €427,926 to €364,480
mainly Contributions, distributions and other (-€100,000) and Accrued charges and deferred income (-€95,891)
- Accrued charges and deferred income -€95,891
down €95,891 (-22.5%), from €425,584 to €329,693
- Profit (loss) carried forward -€56,783
down €56,783 (-13.4%), from €422,685 to €365,902
- Gross operating margin -€27,200
down €27,200 (-37.4%), from €72,804 to €45,605
- Taxes -€8,218
down €8,218 (-36.3%), from €22,623 to €14,406
- Financial income -€5,946
down €5,946 (-30.1%), from €19,778 to €13,832
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 | €1,025,955 | €866,419 | -€159,536 | -15.5% |
| Fixed assets | 21/28 | €124 | €124 | = | 0.0% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €1,025,831 | €866,295 | -€159,536 | -15.6% |
| Amounts receivable within one year | 40/41 | €587,668 | €495,865 | -€91,803 | -15.6% |
| Other amounts receivable | 41 | €587,668 | €495,865 | -€91,803 | -15.6% |
| Cash at bank and in hand | 54/58 | €427,926 | €364,480 | -€63,446 | -14.8% |
| Deferred charges and accrued income | 490/1 | €10,236 | €5,950 | -€4,287 | -41.9% |
| Total equity and liabilities | 10/49 | €1,025,955 | €866,419 | -€159,536 | -15.5% |
| Equity | 10/15 | €490,885 | €434,102 | -€56,783 | -11.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €422,685 | €365,902 | -€56,783 | -13.4% |
| Amounts payable | 17/49 | €535,070 | €432,317 | -€102,753 | -19.2% |
| Amounts payable within one year | 42/48 | €109,486 | €102,623 | -€6,862 | -6.3% |
| Trade debts | 44 | €107 | - | -€107 | |
| Suppliers | 440/4 | €107 | - | -€107 | |
| Taxes, remuneration and social security | 45 | €2,623 | €2,623 | = | 0.0% |
| Taxes | 450/3 | €2,623 | €2,623 | = | 0.0% |
| Other amounts payable | 47/48 | €106,755 | €100,000 | -€6,755 | -6.3% |
| Accrued charges and deferred income | 492/3 | €425,584 | €329,693 | -€95,891 | -22.5% |
| Other operating charges | 640/8 | €1,586 | €1,098 | -€487 | -30.7% |
| Gross operating margin | 9900 | €72,804 | €45,605 | -€27,200 | -37.4% |
| Operating profit (loss) | 9901 | €71,219 | €44,506 | -€26,712 | -37.5% |
| Financial income | 75/76B | €19,778 | €13,832 | -€5,946 | -30.1% |
| Recurring financial income | 75 | €19,778 | €13,832 | -€5,946 | -30.1% |
| Financial charges | 65/66B | €503 | €715 | +€212 | +42.1% |
| Recurring financial charges | 65 | €503 | €715 | +€212 | +42.1% |
| Profit (loss) for the period before taxes | 9903 | €90,494 | €57,623 | -€32,871 | -36.3% |
| Income taxes | 67/77 | €22,623 | €14,406 | -€8,218 | -36.3% |
| Profit (loss) for the period | 9904 | €67,870 | €43,217 | -€24,653 | -36.3% |
| Profit (loss) for the period to be appropriated | 9905 | €67,870 | €43,217 | -€24,653 | -36.3% |
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 18 October 2026 via checked.be.