Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 59 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 35 to 28.1.
Financials
Financial year 2025
E.M.D. MUSIC from Oudergem, company number BE0428918855, closed financial year 2025 with a result of € -1 million after tax. For that financial year E.M.D. MUSIC recorded revenue of € 16.4 million and equity of € 5.9 million. Compared with financial year 2024, the result moved from € -735,320 to € -1 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ 5.9 million
▼ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1 million
▼ 42 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1 million
▲ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.9 million.
People and assets in 2025
28.1
▼ 4.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.4 million
▼ 8% vs 2024
€ 120,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 3.5 million
▲ 20% vs 2024
Loans from banks and other lenders, long and short.
€ 1.5 million
▼ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 39 days on average.
€ 299,700
▼ 13% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 21,489,389 | € 19,099,654 | € 17,993,597 | € 16,361,857 | ▼ 9% |
| Profit after taxes | € -27,573 | € -266,021 | € -735,320 | € -1,047,741 | ▼ € 312,421 |
| Equity | € 7,939,635 | € 7,693,614 | € 6,958,294 | € 5,890,553 | ▼ 15% |
| Total debts | € 8,859,140 | € 7,230,277 | € 6,418,756 | € 5,611,783 | ▼ 13% |
| Cash | € 1,033,755 | € 1,323,111 | € 927,258 | € 1,042,703 | ▲ 12% |
| Retained profit | € 4,959,635 | € 4,693,614 | € 3,958,294 | € 2,910,553 | ▼ 26% |
| Bank debt | € 6,700,000 | € 4,700,000 | € 2,900,000 | € 3,484,847 | ▲ 20% |
| Balance sheet total | € 16,798,775 | € 14,923,891 | € 13,377,050 | € 11,502,336 | ▼ 14% |
| Employees (FTE) | 36.3 | 35 | 32.3 | 28.1 | ▼ 4.2 |
Key figures of E.M.D. MUSIC, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to E.M.D. MUSIC?
What happened at E.M.D. MUSIC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1 million. Source: NBB ↗
- New establishment in Oudergem. KBO
- New establishment in Halle. KBO
- Start of the company according to the CBE. KBO
In short
From € 27,573 loss in 2022 to € 1 million loss in 2025.
Paid € 145,734 in corporate taxes since 2022.
Pays suppliers within 39 days on average.
A new publication or filing at E.M.D. MUSIC? We notify you, reason included.
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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
Establishments
Establishment units
Physical locations of this company
Waverse steenweg 1110 box 4AB3
1160 Oudergem
Noorderstraat 70
1502 Halle
Active since 8 July 1986
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0428.918.855
- VAT number
- BE 0428.918.855
- Registered office
- Waverse steenweg 1110 bus 4AB3, 1160 Oudergem
- Names & denominations
- E.M.D. MUSIC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 April 1986
- Peppol
- Active · Active since 27 Aug 2025
- Activities · NACE
Groothandel in andere consumentenartikelen, neg
Overige groothandel in consumentenartikelen, n.e.g.