Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
-
Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Q-IT MUSIC from Ninove, company number BE0736950471, closed financial year 2024 with a result of € -39,607 after tax. For that financial year Q-IT MUSIC recorded a gross margin of € -13,129 and equity of € -109,561. Compared with financial year 2023, the result moved from € -62,470 to € -39,607. The company made a loss. 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 July 31, 2025.
€ -109,561
▼ € 35,107 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -39,607
▲ 37 % less loss than in 2023
Profit after tax over the fiscal year.
€ 1,594
▲ € 1,302 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -113,061.
Debts at end 2024
€ 32,888
▼ 38% vs 2023
€ 5,663 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 1,264
▼ 61% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 3,335
▲ 21% vs 2023
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 2,415 | € 30,100 | € -37,337 | € -13,129 | ▲ € 24,208 |
| Profit after taxes | € -11,502 | € -7,332 | € -62,470 | € -39,607 | ▲ € 22,863 |
| Equity | € -14,652 | € -21,984 | € -74,454 | € -109,561 | ▼ € 35,107 |
| Total debts | € 157,862 | € 121,440 | € 147,552 | € 165,593 | ▲ 12% |
| Cash | € 7,634 | € 1,069 | € 292 | € 1,594 | ▲ € 1,302 |
| Retained profit | € -18,152 | € -25,484 | € -77,954 | € -113,061 | ▼ € 35,107 |
| Bank debt | € 97,045 | € 58,305 | € 53,162 | € 32,888 | ▼ 38% |
| Balance sheet total | € 143,210 | € 99,456 | € 73,098 | € 56,032 | ▼ 23% |
Key figures of Q-IT MUSIC, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Q-IT MUSIC?
What happened at Q-IT MUSIC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 39,607. Source: NBB ↗
- New establishment in Ninove. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,502 loss in 2021 to € 39,607 loss in 2024.
A new publication or filing at Q-IT MUSIC? We notify you, reason included.
Follow Q-IT MUSICDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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
Establishments
Establishment units
Physical locations of this company
Okegembaan 215
9400 Ninove
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0736.950.471
- VAT number
- BE 0736.950.471
- Registered office
- Okegembaan 215, 9400 Ninove
- Names & denominations
- Q-IT MUSIC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 October 2019
- Peppol
- Active · Active since 6 Mar 2026
- Contact
- qitmusic.be [email protected]
- Activities · NACE
Uitgeverijen van muziekopnamen
Overige recreatie- en ontspanningsactiviteiten, neg
Promotie en organisatie van scheppende en uitvoerende kunstevenementen
Promotie en organisatie van uitvoerende kunstevenementen