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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
Financials
Financial year 2025
Lyrics Licensing from Waterloo, company number BE0466824871, closed financial year 2025 with a result of € 15,657 after tax. For that financial year Lyrics Licensing recorded a gross margin of € 46,288 and equity of € -15,030. Compared with financial year 2024, the result moved from € 16,810 to € 15,657. 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 September 17, 2026.
€ -15,030
▲ € 15,657 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 15,657
▼ 7% vs 2024
Profit after tax over the fiscal year.
€ 224
▼ 74% 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 € -25,227.
People and assets in 2025
€ 10,737
▲ 63% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 14,902
Loans from banks and other lenders, long and short.
€ 16,442
▲ € 16,291 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 29,446
▲ 76% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 9,426 | € 31,734 | € 47,608 | € 46,288 | ▼ 3% |
| Profit after taxes | € 7,874 | € 20,002 | € 16,810 | € 15,657 | ▼ 7% |
| Equity | € -67,498 | € -47,497 | € -30,687 | € -15,030 | ▲ € 15,657 |
| Total debts | € 79,369 | € 73,748 | € 58,742 | € 83,911 | ▲ 43% |
| Cash | € 5,128 | € 2,368 | € 865 | € 224 | ▼ 74% |
| Retained profit | € -77,696 | € -57,694 | € -40,884 | € -25,227 | ▲ € 15,657 |
| Bank debt | € 0 | € 0 | € 0 | € 14,902 | |
| Balance sheet total | € 11,870 | € 26,251 | € 40,092 | € 81,270 | ▲ 103% |
Key figures of Lyrics Licensing, 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 Lyrics Licensing?
What happened at Lyrics Licensing in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 15,657 (▼ 7% vs 2024). filed late Source: NBB ↗
- Sacha SABOUNDJIAN became a director. NBB
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,874 profit in 2022 to € 15,657 profit in 2025.
Paid € 33,230 in corporate taxes since 2022.
Best year ever: 2023, with € 20,002 profit.
Management
Behind Lyrics Licensing are Sacha SABOUNDJIAN and Camille Pioch. Camille Pioch is also behind LLAMA GROUP, MAXXIMUM GROUP and MAXXIMUM.
Directors
According to the 2025 annual accounts
Sacha SABOUNDJIAN
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Rue du Roussart 75
1410 Waterloo
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.824.871
- VAT number
- BE 0466.824.871
- Registered office
- Rue du Roussart 75, 1410 Waterloo
- Names & denominations
- Lyrics Licensing
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 September 1999
- Peppol
- Active · Active since 22 Feb 2024
- Activities · NACE
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