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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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
ANDREI LUGOVSKI MUSIC from Gent, company number BE0553588502, closed financial year 2025 with a result of € -4,406 after tax. For that financial year ANDREI LUGOVSKI MUSIC recorded a gross margin of € -2,538 and equity of € 5,039. Compared with financial year 2024, the result moved from € 108 to € -4,406. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 5,039
▲ € 4,094 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,406
▼ still € 108 profit in 2024
Profit after tax over the fiscal year.
€ 12,483
▼ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -7,361.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 123
▼ 94% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 10,485 | € 520 | € 5,821 | € -2,538 | ▼ € 8,359 |
| Profit after taxes | € 5,370 | € -4,690 | € 108 | € -4,406 | ▼ € 4,514 |
| Equity | € 5,527 | € 837 | € 945 | € 5,039 | ▲ € 4,094 |
| Total debts | € 22,511 | € 21,223 | € 22,164 | € 13,600 | ▼ 39% |
| Cash | € 19,699 | € 12,380 | € 16,864 | € 12,483 | ▼ 26% |
| Retained profit | € -6,873 | € -11,563 | € -11,455 | € -7,361 | ▲ € 4,094 |
| Balance sheet total | € 28,038 | € 22,061 | € 23,110 | € 18,639 | ▼ 19% |
Key figures of ANDREI LUGOVSKI 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 ANDREI LUGOVSKI MUSIC?
What happened at ANDREI LUGOVSKI MUSIC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,406 (▼ € 4,514 vs 2024). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
- Andrei Loegovskij became a director. NBB
In short
From € 5,370 profit in 2022 to € 4,406 loss in 2025.
Best year ever: 2022, with € 5,370 profit.
Management
Behind ANDREI LUGOVSKI MUSIC is Andrei Loegovskij.
Directors
According to the 2025 annual accounts
Andrei Loegovskij
Director
since 2014
Establishments
Establishment units
Physical locations of this company
Einde Were 19B box 202
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0553.588.502
- VAT number
- BE 0553.588.502
- Registered office
- Einde Were 19B bus 202, 9000 Gent
- Names & denominations
- ANDREI LUGOVSKI MUSIC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 May 2014
- Peppol
- Not registered
- Contact
- 0497847030
- Activities · NACE
Beoefening van uitvoerende kunsten door zelfstandig werkende artiesten
Beoefening van uitvoerende kunsten door artistieke ensembles
Uitgeverijen van muziekopnamen
Andere ondersteunende activiteiten voor scheppende en uitvoerende kunst, neg
Detailhandel in cultuur- en recreatieartikelen, neg
Promotie en organisatie van scheppende en uitvoerende kunstevenementen
Overige ondersteunende activiteiten voor de uitvoerende kunsten
Detailhandel in audio- en video-opnamen in gespecialiseerde winkels
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