Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
NAGILLUM MUSIC from Braine-l'Alleud, company number BE0436675687, closed financial year 2025 with a result of € -7,542 after tax. For that financial year NAGILLUM MUSIC recorded a gross margin of € -6,455 and equity of € -87,410. Compared with financial year 2024, the result moved from € -5,209 to € -7,542. 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 24, 2026.
€ -87,410
▼ € 7,542 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,542
▼ 45 % more loss than in 2024
Profit after tax over the fiscal year.
€ 408
▼ 24% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -106,029.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 97
▼ 76% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 280
▲ 3% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 1,750 | - | |
| Gross margin | € -7,181 | € -7,054 | € -4,151 | € -6,455 | ▼ € 2,304 |
| Profit after taxes | € -8,293 | € -8,143 | € -5,209 | € -7,542 | ▼ € 2,333 |
| Equity | € -66,516 | € -74,659 | € -79,868 | € -87,410 | ▼ € 7,542 |
| Total debts | € 67,838 | € 75,671 | € 80,956 | € 88,071 | ▲ 9% |
| Cash | € 667 | € 460 | € 533 | € 408 | ▼ 24% |
| Retained profit | € -85,135 | € -93,278 | € -98,487 | € -106,029 | ▼ € 7,542 |
| Balance sheet total | € 1,322 | € 1,011 | € 1,088 | € 661 | ▼ 39% |
Key figures of NAGILLUM 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 NAGILLUM MUSIC?
What happened at NAGILLUM 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 € 7,542. filed late Source: NBB ↗
- New establishment in Nivelles. KBO
- Start of the company according to the CBE. KBO
In short
From € 8,293 loss in 2022 to € 7,542 loss in 2025.
Paid € 532 in corporate taxes since 2022.
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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 NAGILLUM MUSIC is KEVIN MULLIGAN.
Directors
According to the 2025 annual accounts
KEVIN MULLIGAN
Director
Establishments
Establishment units
Physical locations of this company
Route du Lion 58
1420 Braine-l'Alleud
Rue de Charleroi 46
1400 Nivelles
Active since 20 February 1989
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0436.675.687
- VAT number
- BE 0436.675.687
- Registered office
- Route du Lion 58, 1420 Braine-l'Alleud
- Names & denominations
- NAGILLUM MUSIC
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 3 January 1989
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Uitgeverijen van muziekopnamen
Uitgeverijen van geluidsopnamen