Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
A E P MUSIC from Elsene, company number BE0411101539, closed financial year 2024 with a result of € -1,272 after tax. For that financial year A E P MUSIC recorded a gross margin of € -1,118 and equity of € -356. Compared with financial year 2023, the result moved from € -2,667 to € -1,272. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2025.
€ -356
▼ € 1,272 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,272
▲ 52 % less loss than in 2023
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -84,640.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 4,930
▲ 43% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -26 | € 1,724 | € -1,684 | € -1,118 | ▲ € 566 |
| Profit after taxes | € -617 | € 1,145 | € -2,667 | € -1,272 | ▲ € 1,395 |
| Equity | € 2,438 | € 3,583 | € 916 | € -356 | ▼ € 1,272 |
| Total debts | € 61,457 | € 63,056 | € 61,816 | € 63,184 | ▲ 2% |
| Cash | € 1,350 | € 3,011 | - | - | |
| Retained profit | € -81,846 | € -80,701 | € -83,368 | € -84,640 | ▼ € 1,272 |
| Balance sheet total | € 63,895 | € 66,639 | € 62,732 | € 62,828 |
Key figures of A E P MUSIC, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to A E P MUSIC?
What happened at A E P MUSIC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 1,272. filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Elsene. KBO
In short
From € 617 loss in 2021 to € 1,272 loss in 2024.
Best year ever: 2022, with € 1,145 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind A E P MUSIC are ETIENNE KAIVEZ and ALAIN WILPUTTE.
Directors
According to the 2024 annual accounts
ETIENNE KAIVEZ
Director
ALAIN WILPUTTE
Managing director
Establishments
Establishment units
Physical locations of this company
Waaglaan 18 box 1
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0411.101.539
- VAT number
- BE 0411.101.539
- Registered office
- Waaglaan 18 bus 1, 1050 Elsene
- Names & denominations
- A E P MUSIC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 September 1971
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Uitzenden van radioprogramma’s en distributie van audio
Productie en uitzending van radioprogramma's
Productie van televisieprogramma's