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.
-
Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
22 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
MUSIC HOTEL from Anzegem, company number BE0474926945, closed financial year 2025 with a result of € -28,281 after tax. For that financial year MUSIC HOTEL recorded a gross margin of € 178,729 and equity of € 90,142. Compared with financial year 2024, the result moved from € -1,050 to € -28,281. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 90,142
▼ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -28,281
▼ 2593 % more loss than in 2024
Profit after tax over the fiscal year.
€ 41
▼ € 17,007 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -309,858.
Debts at end 2025
€ 1.8 million
▼ 9% vs 2024
€ 201,869 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 31,134
▼ 40% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,147
▼ 21% 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 | € 161,020 | € 166,981 | € 207,652 | € 178,729 | ▼ 14% |
| Profit after taxes | € -23,321 | € -28,305 | € -1,050 | € -28,281 | ▼ € 27,231 |
| Equity | € 147,778 | € 119,473 | € 118,423 | € 90,142 | ▼ 24% |
| Total debts | € 2,645,663 | € 2,585,036 | € 2,571,900 | € 2,478,708 | ▼ 4% |
| Cash | € 31,491 | € 26,884 | € 17,048 | € 41 | ▼ € 17,007 |
| Land & buildings | € 2,684,566 | € 2,634,239 | € 2,554,296 | € 2,558,223 | |
| Retained profit | € -252,222 | € -280,527 | € -281,577 | € -309,858 | ▼ € 28,281 |
| Bank debt | € 2,621,582 | € 2,431,544 | € 2,030,559 | € 1,843,447 | ▼ 9% |
| Balance sheet total | € 2,793,441 | € 2,704,509 | € 2,690,323 | € 2,568,850 | ▼ 5% |
Key figures of MUSIC HOTEL, 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 MUSIC HOTEL?
What happened at MUSIC HOTEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 28,281. filed late Source: NBB ↗
- New establishment in Anzegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,321 loss in 2022 to € 28,281 loss in 2025.
Management
Behind MUSIC HOTEL is Johan Delrue. Johan Delrue is also behind Onderlinge Brandverzekering van Avelgem-Anzegem-Kaster, RD SERVICES, Luxhome, Delrue Invest and SuperChic.
Directors
According to the 2025 annual accounts
Johan Delrue
Director
Also active at: Onderlinge Brandverzekering van Avelgem-Anzegem-Kaster, RD SERVICES, Luxhome, Delrue Invest, SuperChic, Technical Support Team, SANICOMFORT, SANVERCO +24 more
Establishments
Establishment units
Physical locations of this company
Kerkstraat 131
8570 Anzegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 22 companies are registered at this address.
All companies at this address →Technical Support Team same network
€ 91,537 gross margin · 2025
DELRUE SANITAIR EN VERWARMING
€ 594,024 gross margin · 2025
SANICOMFORT same network
€ 142,827 gross margin · 2025
SANVERCO same network
€ -5,225 gross margin · 2025
DELRUE COMMUNICATIONS same network
€ 88,036 gross margin · 2025
+17 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0474.926.945
- VAT number
- BE 0474.926.945
- Registered office
- Kerkstraat 131, 8570 Anzegem
- Names & denominations
- MUSIC HOTEL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 June 2001
- Peppol
- Active · Active since 12 Sept 2025
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten