GOLD MUSIC
ActiveSummary
GOLD MUSIC has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-33k) and a net result of €2k. Equity is growing by ~16.8% per year across the filed fiscal years. Its solvency ranks better than 6% of 11322 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▲+87
Solvency0=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 2.93 against 15.62 in 2024; short-term debt: 31.2% and cash: 49% of total assets), but equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-226.7%
Return on assets
14.3%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 11322 sector peers (2025).
NBB · sector comparisonPosition among 11322 sector peers
Solvency
better than 6%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
5 d late
2023
1 d early
2022
24 d early
2021
32 d early
2020
31 d late
2019
9 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-33k▲ 5.9%
2024 · €-35k
2018: €-64k
2019: €-73k
2020: €-65k
2021: €-22k
2022: €-19k
2023: €-20k
2024: €-35k
2018 → 2025
Total assets
€14k▼ 20.6%
2024 · €18k
2018: €48k
2019: €38k
2020: €39k
2021: €79k
2022: €65k
2023: €46k
2024: €18k
2018 → 2025
Net result
€2k
2024 · €-15k
2018: €4k
2019: €-9k
2020: €8k
2021: €43k
2022: €3k
2023: €-1k
2024: €-15k
2018 → 2025
Working capital
€9k▼ 39.0%
2024 · €14k
2018: €30k
2019: €25k
2020: €31k
2021: €60k
2022: €52k
2023: €38k
2024: €14k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-22k-€-19k▲ 15.0%€-20k▼ 5.7%€-35k▼ 75.6%€-33k▲ 5.9%
Operating result€44k-€12k▼ 73.6%€-749€-15k▼ 1,898%€2k
Net result€43k-€3k▼ 92.3%€-1k€-15k▼ 1,307%€2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €2k after a loss of €15k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14k
Fixed assets
€1k ▼ 58.7%
Current assets
€13k ▼ 13.3%
Key figures and ratios
EBITDA
€4k▲
2024 · €-13k
Cash flow
€4k▲
2024 · €-13k
Solvency
-226.7%▼
2024 · -191.3%
Current ratio
2.93▼
2024 · 15.62
Debt to equity
-1.44▲
2024 · -1.52
ROA
14.3%▲
2024 · -82.4%
Interest coverage
17.42▲
2024 · -60.79
Debt
€47k▼
2024 · €53k
Debt ≤ 1 year
€4k▲
2024 · €972
Debt > 1 year
€42k▼
2024 · €52k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€18k€14k▼
Fixed assets21/28€3k€1k▼
Tangible fixed assets22/27€3k€1k▼
Furniture and vehicles24€3k€1k▼
Other tangible fixed assets26€109-
Current assets29/58€15k€13k▼
Amounts receivable within one year40/41€8k€6k▼
Trade receivables40€5k€3k▼
Other amounts receivable41€3k€4k▲
Cash at bank and in hand54/58€6k€7k▲
Deferred charges and accrued income490/1€1k€45▼
Equity and liabilities
Total equity and liabilities10/49€18k€14k▼
Equity10/15€-35k€-33k▲
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-41k€-39k▲
Amounts payable17/49€53k€47k▼
Amounts payable after more than one year17€52k€42k▼
Other amounts payable178/9€52k€42k▼
Amounts payable within one year42/48€972€4k▲
Trade debts44€972€2k▲
Suppliers440/4€972€2k▲
Advances received on contracts in progress46-€2k
Taxes, remuneration and social security45-€10
Taxes450/3-€10
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€350
Other operating charges640/8€3k€2k▼
Gross operating margin9900€-10k€6k▲
Operating profit (loss)9901€-15k€2k▲
Financial income75/76B€254-
Recurring financial income75€254-
Financial charges65/66B€212€230▲
Recurring financial charges65€212€230▲
Profit (loss) for the period before taxes9903€-15k€2k▲
Profit (loss) for the period9904€-15k€2k▲
Profit (loss) for the period to be appropriated9905€-15k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-41k€-39k▲
Profit (loss) brought forward from the previous period14P€-26k€-41k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
05-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
30-09
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2018net €43k ▲423%
Operating result €44k, net result €43k, both a record.
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
30-09
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
21-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Schaarbeek · 1 establishment unit since 1996
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Brabantstraat 1331030 SchaarbeekGround area
201 m²
Building footprint
198 m²
Volume, LiDAR
2,417 m³
Parcel 21908E0025/00A004, Brussels · tallest building 27.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Brabantstraat 133, 1030 Schaarbeek
since 19962.077.176.608
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21908E0025/00A004 | Brussels | 201 m² | 1 · 198 m² | 26.9 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Wallonia-Brussels Federation
2021 · 1 entry · 605 EUR in total| Year | Entries | paid |
|---|---|---|
| 2021 | 1 | 605 EUR |
Similar companies · same sector and region
A.M.S. ELECTRO
BE 0461.702.182
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DOMEST BELGIUM
BE 1009.647.165
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GARIL
BE 0456.318.781
Schaarbeek
Guava Solutions
BE 0752.757.216
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Pico Center
BE 1009.652.115
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 977 companies in sector 46431 we hold annual accounts for 705. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-04-1996
Fiscal year end30-09
Activities, NACEBEL 2025
46431Wholesale of electrical household appliances and audio-video equipment
47540Retail sale of electrical household appliances
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.