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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Tight liquidity NBB
Cash and receivables cover 37 % of short-term debt in 2023; threshold 65 %.
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Annual account missing NBB
Fiscal year 2024 was expected before 30 April 2025 and has not been filed.
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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 2023
EURO MUSIC DISTRIBUTION from Merelbeke-Melle, company number BE0809174295, closed financial year 2023 with a result of € 66,650 after tax. For that financial year EURO MUSIC DISTRIBUTION recorded a gross margin of € 177,591 and equity of € 338,782. Compared with financial year 2022, the result moved from € -33,127 to € 66,650. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2024.
€ 338,782
▲ 24% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 66,650
▲ still € 33,127 loss in 2022
Profit after tax over the fiscal year.
€ 1
▼ € 2,246 vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € 320,032.
People and assets in 2023
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2023
€ 326,694
▼ 18% vs 2022
Loans from banks and other lenders, long and short.
€ 231,487
▼ 22% vs 2022
Supplier invoices still open on the last day of the fiscal year.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 67,582 | € 67,074 | € 177,591 | ▲ 165% |
| Profit after taxes | € -14,847 | € -33,127 | € 66,650 | ▲ € 99,777 |
| Equity | € 305,259 | € 272,132 | € 338,782 | ▲ 24% |
| Total debts | € 1,016,481 | € 803,397 | € 710,297 | ▼ 12% |
| Cash | € 9,754 | € 2,247 | € 1 | ▼ € 2,246 |
| Land & buildings | € 1,080,061 | € 1,010,921 | € 809,440 | ▼ 20% |
| Retained profit | € 286,509 | € 253,382 | € 320,032 | ▲ 26% |
| Bank debt | € 476,801 | € 396,667 | € 326,694 | ▼ 18% |
| Balance sheet total | € 1,321,741 | € 1,075,530 | € 1,068,328 | ▼ 1% |
Key figures of EURO MUSIC DISTRIBUTION, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 30 April 2025.
What happened to EURO MUSIC DISTRIBUTION?
What happened at EURO MUSIC DISTRIBUTION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: profit of € 66,650. Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Merelbeke-Melle. KBO
In short
From € 14,847 loss in 2021 to € 66,650 profit in 2023.
Best year ever: 2023, with € 66,650 profit.
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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
Management
The stake of CABRY INVEST BELGIUM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EURO MUSIC DISTRIBUTIONBehind EURO MUSIC DISTRIBUTION is Patrick Brys. The shares are held by CABRY INVEST BELGIUM (16.8%). It owns 100% of Netherlands Music Distribution itself.
Directors
According to the 2023 annual accounts
Patrick Brys
Director
Shareholders
16.8%
Participations
Netherlands Music Distribution
100%
Establishments
Establishment units
Physical locations of this company
Sint-Elooistraat 81
9820 Merelbeke-Melle
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0809.174.295
- VAT number
- BE 0809.174.295
- Registered office
- Sint-Elooistraat 81, 9820 Merelbeke-Melle
- Names & denominations
- EURO MUSIC DISTRIBUTION
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 January 2009
- Peppol
- Not registered
- Activities · NACE
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