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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Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Groupement européen des Sociétés d'Auteurs et Compositeurs from Brussel, company number BE0443145785, closed financial year 2025 with a result of € 45,149 after tax. Compared with financial year 2024, the result moved from € 191,874 to € 45,149. The company is profitable. 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 June 10, 2026.
€ 0
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 45,149
▼ 76% vs 2024
Profit after tax over the fiscal year.
€ 65,003
▼ 27% 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 € 0.
People and assets in 2025
4.4
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 865,034
▲ 12% vs 2024
€ 196,600 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
None
No bank loans on the last day of the fiscal year.
€ 17,516
▼ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 21 days on average.
€ 111,776
▼ 3% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € 2,914 | € 31,459 | € 191,874 | € 45,149 | ▼ 76% |
| Total debts | € 443,034 | € 457,015 | € 509,818 | € 316,572 | ▼ 38% |
| Cash | € 313,008 | € 106,575 | € 89,368 | € 65,003 | ▼ 27% |
| Balance sheet total | € 443,034 | € 457,015 | € 509,818 | € 316,572 | ▼ 38% |
| Employees (FTE) | 4.9 | 4 | 4.3 | 4.4 | ▲ 0.1 |
Key figures of Groupement européen des Sociétés d'Auteurs et Compositeurs, 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 Groupement européen des Sociétés d'Auteurs et Compositeurs?
What happened at Groupement européen des Sociétés d'Auteurs et Compositeurs in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 45,149 (▼ 76% vs 2024). Source: NBB ↗
- ARTISJUS SE stepped down as director. NBB
- GEMA SE stepped down as director. NBB
- SACEM SE stepped down as director. NBB
- IMRO SE stepped down as director. NBB
- TEOSTO SE stepped down as director. NBB
- LATGA SE stepped down as director. NBB
- .AKM SE stepped down as director. NBB
In short
From € 2,914 profit in 2022 to € 45,149 profit in 2025.
Best year ever: 2024, with € 191,874 profit.
Pays suppliers within 21 days on average.
A new publication or filing at Groupement européen des Sociétés d'Auteurs et Compositeurs? 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
Management
Directors
According to the 2025 annual accounts
ARTISJUS SE
Vice-chairman of the board · represented by Andras SZINGER
since 2024 · until 2026
GEMA SE
Director · represented by Tobias HOLZMULLER
since 2024 · until 2026
SACEM SE
Chairman of the board · represented by David EL SAYEGH
since 2024 · until 2026
IMRO SE
Vice-chairman of the board · represented by Victor FINN
since 2024 · until 2026
TEOSTO SE
Director · represented by Risto SALMINEN
since 2024 · until 2026
LATGA SE
Director · represented by Laura BASKEVICIEVE
since 2024 · until 2026
.AKM SE
Director · represented by Gernot Dr GRANINGER
since 2024 · until 2026
SPA SE
Director · represented by José Jorge LETRIA
since 2024 · until 2026
SGAE SE
Director · represented by Cristina PERPINA-ROBERT NAVARRO
since 2024 · until 2026
Establishments
Establishment units
Physical locations of this company
Montoyerstraat 23
1000 Brussel
Montoyerstraat 23 box 6ème
1000 Brussel
Active since 30 January 1991
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →Belgian Wagon Association
Unistock Europe - Association de stockeurs portuaires professionnels du secteur de l'alimentation humaine et animale
COMITE DU COMMERCE DES CEREALES, ALIMENTS DU BETAIL, OLEAGINEUX, HUILE D'OLIVE, HUILES ET GRAISSES ET AGROFOURNITURES DE L'UE
€ 962,696 gross margin · 2025
UIP - INTERNATIONAL UNION OF WAGON KEEPERS.
PENSIONSEUROPE
€ 330,769 gross margin · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Domain
Domain
authorsocieties.eu
Registrar
Key-Systems GmbH
Website info
Features
Details
- Company number
- 0443.145.785
- VAT number
- BE 0443.145.785
- Registered office
- Montoyerstraat 23, 1000 Brussel
- Names & denominations
- Groupement européen des Sociétés d'Auteurs et Compositeurs · GESAC
- Enterprise type
- Rechtspersoon
- Legal form
- Europees economisch samenwerkingsverband
- Legal situation
- Normale toestand
- Start date
- 30 January 1991
- Peppol
- Not registered
- Contact
- authorsocieties.eu
- Activities · NACE
Activiteiten van beroepsorganisaties
Beroepsorganisaties
Overige verenigingen, neg