Financials
Financial year 2025
P.P. MUSIC from Lubbeek, company number BE0438108814, closed financial year 2025 with a result of € 5,017 after tax. For that financial year P.P. MUSIC recorded a gross margin of € 10,087 and equity of € 290,538. Compared with financial year 2024, the result moved from € -14,229 to € 5,017. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2026.
€ 290,538
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,017
▲ still € 14,229 loss in 2024
Profit after tax over the fiscal year.
€ 64,579
▲ 32% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 271,538.
People and assets in 2025
€ 352
▼ 75% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2,773
▲ 88% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 400
▼ 82% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 56,902 | € 44,410 | € -14,644 | € 10,087 | ▲ € 24,732 |
| Profit after taxes | € 27,297 | € 27,403 | € -14,229 | € 5,017 | ▲ € 19,247 |
| Equity | € 376,273 | € 341,855 | € 285,521 | € 290,538 | ▲ 2% |
| Total debts | € 3,134 | € 42,986 | € 30,486 | € 26,506 | ▼ 13% |
| Cash | € 84,662 | € 101,845 | € 49,011 | € 64,579 | ▲ 32% |
| Land & buildings | € 17,955 | € 14,230 | - | - | |
| Retained profit | € 357,273 | € 322,855 | € 266,521 | € 271,538 | ▲ 2% |
| Dividend | € 0 | € 61,821 | € 42,105 | € 0 | ▼ 100% |
| Balance sheet total | € 379,406 | € 384,841 | € 316,007 | € 317,044 |
Key figures of P.P. 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 P.P. MUSIC?
What happened at P.P. MUSIC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5,017. Source: NBB ↗
- Tineke Reynaerts became a director. NBB
- New establishment in Lubbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 27,297 profit in 2022 to € 5,017 profit in 2025.
Paid € 25,802 in corporate taxes since 2022.
Best year ever: 2023, with € 27,403 profit.
Paid out € 103,926 in dividends to the owners in total.
Management
Behind P.P. MUSIC are Tineke Reynaerts and Paul Michiels.
Directors
According to the 2025 annual accounts
Tineke Reynaerts
Director
since 2023
Paul Michiels
Director
Establishments
Establishment units
Physical locations of this company
Slabbaertstraat(LUB) 14
3210 Lubbeek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0438.108.814
- VAT number
- BE 0438.108.814
- Registered office
- Slabbaertstraat(LUB) 14, 3210 Lubbeek
- Names & denominations
- P.P. MUSIC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 August 1989
- Peppol
- Active · Active since 12 Oct 2026
- Activities · NACE
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