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.
Financials
Financial year 2025
MUSICMAKER from Keerbergen, company number BE0449214324, closed financial year 2025 with a result of € -7,628 after tax. For that financial year MUSICMAKER recorded a gross margin of € -2,262 and equity of € 8,836. Compared with financial year 2024, the result moved from € -1,180 to € -7,628. 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 August 27, 2026.
€ 8,836
▼ 46% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -7,628
▼ 547 % more loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2,636.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 378
▼ 38% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4,660
▼ 7% vs 2024
Loans from banks and other lenders, long and short.
€ 1,897
▲ 123% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 30,089 | € -14,863 | € 16,209 | € -2,262 | ▼ € 18,471 |
| Profit after taxes | € 23,671 | € -18,936 | € -1,180 | € -7,628 | ▼ € 6,448 |
| Equity | € 36,580 | € 17,644 | € 16,464 | € 8,836 | ▼ 46% |
| Total debts | € 8,541 | € 5,403 | € 5,843 | € 6,557 | ▲ 12% |
| Land & buildings | € 3,206 | € 2,712 | € 2,219 | € 1,726 | ▼ 22% |
| Retained profit | € 30,380 | € 11,444 | € 10,264 | € 2,636 | ▼ 74% |
| Bank debt | € 571 | € 1,207 | € 4,993 | € 4,660 | ▼ 7% |
| Balance sheet total | € 45,121 | € 23,047 | € 22,307 | € 15,394 | ▼ 31% |
Key figures of MUSICMAKER, 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 MUSICMAKER?
What happened at MUSICMAKER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 7,628. filed late Source: NBB ↗
- New establishment in Keerbergen. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,671 profit in 2022 to € 7,628 loss in 2025.
Paid € 1,117 in corporate taxes since 2022.
Best year ever: 2022, with € 23,671 profit.
Management
Behind MUSICMAKER is Paul VERMEULEN-ENGELS.
Directors
According to the 2025 annual accounts
Paul VERMEULEN-ENGELS
Manager
Establishments
Establishment units
Physical locations of this company
Stuivenberg 17
3140 Keerbergen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0449.214.324
- VAT number
- BE 0449.214.324
- Registered office
- Stuivenberg 17, 3140 Keerbergen
- Names & denominations
- MUSICMAKER
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 January 1993
- Peppol
- Active · Active since 21 Mar 2025
- Activities · NACE
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