UNIVERSAL MUSIC PUBLISHING: what changed
What changed
UNIVERSAL MUSIC PUBLISHING
NACE 58.190, Other publishing activities, excluding software publishing
filed annual accounts (NBB)
Net result for the year
€1.3m
2024 · €1.4m-€108,120
Equity
€209,050
2024 · €189,820+€19,230
Cash
-
not filed
Balance sheet total
€21.0m
2024 · €16.1m+€5.0m
Largest movements
Assets
- Deferred charges and accrued income +€3.1m
up €3.1m (+38.7%), from €8.0m to €11.1m
- Receivables within one year +€1.9m
up €1.9m (+23.3%), from €8.1m to €10.0m
of which Other amounts receivable: +€2.0m
Equity and liabilities
- Accrued charges and deferred income +€2.7m
up €2.7m (+41.6%), from €6.5m to €9.2m
- Trade debts +€1.9m
up €1.9m (+25.2%), from €7.4m to €9.2m
- Tax, wage and social debts +€491,594
up €491,594 (+81.9%), from €600,041 to €1.1m
Income statement
- Goods and materials +€3.7m
up €3.7m (+29.8%), from €12.3m to €15.9m
- Turnover +€3.5m
up €3.5m (+22.7%), from €15.2m to €18.7m
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
€1.4m
Turnover
+€3.5m
Other operating income
+€1,796
Goods and materials
-€3.7m
Services and other goods
+€58,451
Write-downs
-€27,182
Financial income
+€2,812
Financial charges
+€8,949
Taxes
+€36,040
Result 2025
€1.3m
raises the resultlowers the result
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,069,837 | €21,045,112 | +€5.0m | +31.0% |
| Current assets | 29/58 | €16,069,837 | €21,045,112 | +€5.0m | +31.0% |
| Amounts receivable within one year | 40/41 | €8,098,807 | €9,989,815 | +€1.9m | +23.3% |
| Trade receivables | 40 | €127,819 | €48,576 | -€79,243 | -62.0% |
| Other amounts receivable | 41 | €7,970,988 | €9,941,239 | +€2.0m | +24.7% |
| Deferred charges and accrued income | 490/1 | €7,971,029 | €11,055,297 | +€3.1m | +38.7% |
| Total equity and liabilities | 10/49 | €16,069,837 | €21,045,112 | +€5.0m | +31.0% |
| Equity | 10/15 | €189,820 | €209,050 | +€19,230 | +10.1% |
| Contributions | 10/11 | €123,973 | €123,973 | = | 0.0% |
| Capital | 10 | €123,973 | €123,973 | = | 0.0% |
| Issued capital | 100 | €123,973 | €123,973 | = | 0.0% |
| Reserves | 13 | €25,684 | €25,684 | = | 0.0% |
| Non-distributable reserves | 130/1 | €19,214 | €19,214 | = | 0.0% |
| Legal reserve | 130 | €19,214 | €19,214 | = | 0.0% |
| Distributable reserves | 133 | €6,470 | €6,470 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,162 | €59,393 | +€19,230 | +47.9% |
| Amounts payable | 17/49 | €15,880,017 | €20,836,062 | +€5.0m | +31.2% |
| Amounts payable within one year | 42/48 | €9,356,158 | €11,598,781 | +€2.2m | +24.0% |
| Trade debts | 44 | €7,356,117 | €9,207,147 | +€1.9m | +25.2% |
| Suppliers | 440/4 | €7,356,117 | €9,207,147 | +€1.9m | +25.2% |
| Taxes, remuneration and social security | 45 | €600,041 | €1,091,634 | +€491,594 | +81.9% |
| Taxes | 450/3 | €600,041 | €1,091,634 | +€491,594 | +81.9% |
| Other amounts payable | 47/48 | €1,400,000 | €1,300,000 | -€100,000 | -7.1% |
| Accrued charges and deferred income | 492/3 | €6,523,859 | €9,237,281 | +€2.7m | +41.6% |
| Operating income | 70/76A | €15,236,562 | €18,703,141 | +€3.5m | +22.8% |
| Turnover | 70 | €15,236,562 | €18,701,345 | +€3.5m | +22.7% |
| Other operating income | 74 | - | €1,796 | +€1,796 | |
| Operating charges | 60/66A | €13,374,311 | €16,996,811 | +€3.6m | +27.1% |
| Goods for resale, raw materials and consumables | 60 | €12,267,659 | €15,921,429 | +€3.7m | +29.8% |
| Purchases | 600/8 | €12,267,659 | €15,921,429 | +€3.7m | +29.8% |
| Services and other goods | 61 | €1,108,741 | €1,050,290 | -€58,451 | -5.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,089 | €25,093 | +€27,182 | |
| Operating profit (loss) | 9901 | €1,862,251 | €1,706,330 | -€155,921 | -8.4% |
| Financial income | 75/76B | €55,385 | €58,197 | +€2,812 | +5.1% |
| Recurring financial income | 75 | €55,385 | €58,197 | +€2,812 | +5.1% |
| Income from current assets | 751 | €54,334 | €54,566 | +€232 | +0.4% |
| Other financial income | 752/9 | €1,051 | €3,632 | +€2,580 | +245% |
| Financial charges | 65/66B | €14,502 | €5,553 | -€8,949 | -61.7% |
| Recurring financial charges | 65 | €14,502 | €5,553 | -€8,949 | -61.7% |
| Debt charges | 650 | €13,160 | €1,521 | -€11,640 | -88.4% |
| Other financial charges | 652/9 | €1,342 | €4,032 | +€2,691 | +201% |
| Profit (loss) for the period before taxes | 9903 | €1,903,134 | €1,758,974 | -€144,160 | -7.6% |
| Income taxes | 67/77 | €475,784 | €439,744 | -€36,040 | -7.6% |
| Taxes | 670/3 | €475,784 | €439,744 | -€36,040 | -7.6% |
| Profit (loss) for the period | 9904 | €1,427,350 | €1,319,230 | -€108,120 | -7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,427,350 | €1,319,230 | -€108,120 | -7.6% |
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 7 November 2026 via checked.be.