Financials
Financial year 2025
GMD MUSIC from Elsene, company number BE0794465533, closed financial year 2025 with a result of € 180,296 after tax. For that financial year GMD MUSIC recorded a gross margin of € 246,853 and equity of € 93,760. Compared with financial year 2024, the result moved from € 187,008 to € 180,296. The company is profitable. The buffer shrank hard: equity is 65 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 11, 2026.
€ 93,760
▼ 65% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 180,296
▼ 4% vs 2024
Profit after tax over the fiscal year.
€ 212,699
▼ 39% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 355,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 6,615
▼ 38% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1,322
Loans from banks and other lenders, long and short.
€ 3,025
▲ € 3,025 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,978
▼ 75% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 2,346 | € 290,978 | € 251,023 | € 246,853 | ▼ 2% |
| Profit after taxes | € 1,498 | € 215,957 | € 187,008 | € 180,296 | ▼ 4% |
| Equity | € 3,498 | € 171,456 | € 268,464 | € 93,760 | ▼ 65% |
| Total debts | € 2,990 | € 110,092 | € 95,250 | € 129,192 | ▲ 36% |
| Cash | € 438 | € 243,881 | € 350,316 | € 212,699 | ▼ 39% |
| Retained profit | € 1,498 | € 169,456 | € 266,464 | € 91,760 | ▼ 66% |
| Dividend | € 0 | € 48,000 | € 90,000 | € 355,000 | ▲ 294% |
| Bank debt | € 0 | € 76 | € 0 | € 1,322 | |
| Balance sheet total | € 6,488 | € 281,547 | € 363,714 | € 222,951 | ▼ 39% |
Key figures of GMD 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 GMD MUSIC?
What happened at GMD MUSIC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 180,296 (▼ 4% vs 2024). Source: NBB ↗
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,498 profit in 2022 to € 180,296 profit in 2025.
Paid € 184,174 in corporate taxes since 2022.
Best year ever: 2023, with € 215,957 profit.
Paid out € 493,000 in dividends to the owners in total.
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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
Washingtonstraat 34 box 1
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0794.465.533
- VAT number
- BE 0794.465.533
- Registered office
- Washingtonstraat 34 bus 1, 1050 Elsene
- Names & denominations
- GMD MUSIC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 December 2022
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
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