Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
Spotify Belgium from Brussel, company number BE0841023949, closed financial year 2024 with a result of € 276,806 after tax. For that financial year Spotify Belgium recorded revenue of € 1.9 million and equity of € 1.2 million. Compared with financial year 2023, the result moved from € 258,309 to € 276,806. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2025.
€ 1.2 million
▲ 29% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 276,806
▲ 7% vs 2023
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 1.2 million.
People and assets in 2024
13.6
▲ 0.8 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 4.2 million
▲ 5% vs 2023
€ 305,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 187,261
▲ 10% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 48 days on average.
€ 811,588
▼ 26% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | € 1,389,599 | € 2,633,468 | € 1,874,014 | ▼ 29% |
| Profit after taxes | € 94,606 | € 183,297 | € 258,309 | € 276,806 | ▲ 7% |
| Equity | € 511,147 | € 694,444 | € 952,753 | € 1,229,560 | ▲ 29% |
| Total debts | € 438,832 | € 729,231 | € 1,516,863 | € 1,172,284 | ▼ 23% |
| Retained profit | € 449,647 | € 632,944 | € 891,253 | € 1,168,060 | ▲ 31% |
| Balance sheet total | € 949,979 | € 1,423,675 | € 2,469,617 | € 2,401,844 | ▼ 3% |
| Employees (FTE) | 5 | 11 | 12.8 | 13.6 | ▲ 0.8 |
Key figures of Spotify Belgium, 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 Spotify Belgium?
What happened at Spotify Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Deysel Sallie stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 276,806 (▲ 7% vs 2023). Source: NBB ↗
- Grandelius Peter stepped down as director. NBB
- Deysel Sallie became a director. NBB
- Vogel Paul stepped down as director. NBB
- Vogel Paul became a director. NBB
- Grandelius Peter became a director. NBB
- New establishment in Brussel. KBO
In short
From € 94,606 profit in 2021 to € 276,806 profit in 2024.
Paid € 302,725 in corporate taxes since 2021.
Best year ever: 2024, with € 276,806 profit.
Pays suppliers within 48 days on average.
A new publication or filing at Spotify Belgium? We notify you, reason included.
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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 shares are held by Spotify AB 556703-7485 (100%).
Directors
According to the 2024 annual accounts
Deysel Sallie
Director
since 2024 · until 2029
Grandelius Peter
Director
since 2019 · until 2025
Vogel Paul
Director
since 2019 · until 2024
Shareholders
Spotify AB 556703-7485
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kunstlaan 44
1040 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →ELLIPSE PROJECTS Belgium
€ 951,496 gross margin · 2025
Global Cyber Alliance Belgium
2ememain Belgium
€ 2.5 million gross margin · 2025
European Alliance for Plant-based Foods
€ -28,030 gross margin · 2025
METHANOL INSTITUTE
€ 291,246 gross margin · 2025
+6 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
- 0841.023.949
- VAT number
- BE 0841.023.949
- Registered office
- Kunstlaan 44, 1040 Brussel
- Names & denominations
- Spotify Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 November 2011
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Activiteiten van webportalen
Overige zakelijke dienstverlening, neg
Webportalen
Prepress- en premediadiensten
Uitgeverijen van muziekopnamen
Mediarepresentatie
Vervaardiging van optische instrumenten, magnetische en optische dragers en fotografische apparatuur
Reproductie van opgenomen media
+1