Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
Financials
Financial year 2024
Music Nation from Hasselt, company number BE0864345224, closed financial year 2024 with a result of € -53,305 after tax. For that financial year Music Nation recorded a gross margin of € -49,937 and equity of € 26,395. Compared with financial year 2023, the result moved from € -5,986 to € -53,305. The company made a loss. The buffer shrank hard: equity is 67 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 30, 2025.
€ 26,395
▼ 67% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -53,305
▼ 791 % more loss than in 2023
Profit after tax over the fiscal year.
€ 33,955
▲ 23% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 20,195.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 72,959
▲ € 56,191 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 903
▼ 52% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -2,312 | € -18,112 | € -3,946 | € -49,937 | ▼ € 45,991 |
| Profit after taxes | € -4,176 | € -39,046 | € -5,986 | € -53,305 | ▼ € 47,319 |
| Equity | € 124,731 | € 85,685 | € 79,699 | € 26,395 | ▼ 67% |
| Total debts | € 37,249 | € 39,166 | € 56,089 | € 118,979 | ▲ 112% |
| Cash | € 61,846 | € 49,137 | € 27,688 | € 33,955 | ▲ 23% |
| Retained profit | € 118,531 | € 79,485 | € 73,499 | € 20,195 | ▼ 73% |
| Balance sheet total | € 161,980 | € 124,851 | € 135,788 | € 145,374 | ▲ 7% |
Key figures of Music Nation, 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 Music Nation?
What happened at Music Nation in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 53,305. filed late Source: NBB ↗
- New establishment in Hasselt. KBO
- Start of the company according to the CBE. KBO
In short
From € 4,176 loss in 2021 to € 53,305 loss in 2024.
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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 P and P Advice comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Music NationBehind Music Nation is t AND T's art BV. The shares are held by P and P Advice (96%).
Directors
According to the 2024 annual accounts
Director · represented by Peter Paulissen
Also active at: ETOSHA-EVENTS, KILIMANJARO ENTERTAINMENT, RIED
Shareholders
96%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Hommelbergstraat 21
3510 Hasselt
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0864.345.224
- VAT number
- BE 0864.345.224
- Registered office
- Hommelbergstraat 21, 3510 Hasselt
- Names & denominations
- Music Nation
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 March 2004
- Peppol
- Active · Active since 12 Dec 2025
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