ACTIVE

MUSICA

Financial year 2025 · Closed on 31/12/2025

Net result63,6 k €-65,1 %over 1 year
Revenue298,7 k €
Equity444,7 k €+16,7 %over 1 year

Identity

Source · BCE/KBO

MUSICA is a Non-profit organization incorporated in 1978. Its main activity is: Other education n.e.c.. Its registered office is in Pelt.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0418.205.602
Incorporation
02/01/1978
Legal form
Non-profit organization
Registered office
Toekomstlaan 5 box B
3910 Pelt · FlandreSee on map
Latest accounts
31/12/2025
Joint committees (3)
  • 227
  • 329
  • 32901
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 17 financial years

20252024202320222021
Income statement
Revenue298,7 k €––––
EBITDA79,9 k €192,3 k €80,2 k €-31,4 k €-20,2 k €
Operating result61,4 k €178,5 k €60,8 k €-52,7 k €-27,8 k €
Net result63,6 k €182,2 k €62,1 k €-52,8 k €-28 k €
Balance sheet
Equity444,7 k €381 k €198,8 k €136,7 k €189,5 k €
Total assets728,8 k €689,9 k €572,7 k €698,1 k €711 k €
Cash543 k €420,5 k €446,6 k €460,2 k €272,4 k €
Debts160,2 k €179,1 k €177,6 k €229 k €384,7 k €
Other
Workforce–7,5 ETP8,6 ETP10,8 ETP10,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

7 active · 57 ended

Active mandates

Bart Demuyt

Director

Active
Beatrix Steylaerts

Director

Active
Carine Rinkes

Director

Active
Hilde Plas

Director

Active
Ilse Delmeire

Director

Active
Paul Craenen

Director

Active
Stefaan Coninx

Director

Active

Ended mandates

Eline Muyters

Vice-chairman of the board of directors · since 28 mars 2023

Ended
Adelheid De Nijn

Director · since 27 mars 2023

Ended
Hilde Plas

Director · since 27 mars 2023

Ended
Kathleen Van Bavel

Director · since 27 mars 2023

Ended

Other companies at this address

Toekomstlaan 5 3910 Pelt
CompanyCBE no.
0777.495.085

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/05/202625/03/202519/04/202404/04/202331/03/202222/04/2021
General meeting26/03/202620/03/202527/03/202427/03/202322/03/202222/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202526/03/202622/05/2026DutchPDF
Abridged model31/12/202420/03/202525/03/2025DutchPDF
Abridged model31/12/202327/03/202419/04/2024DutchPDF
Abridged model31/12/202227/03/202304/04/2023DutchPDF
Abridged model31/12/202122/03/202231/03/2022DutchPDF
Abridged model31/12/202022/03/202122/04/2021DutchPDF
Abridged model31/12/201919/03/202007/04/2020DutchPDF
Abridged model31/12/201818/03/201920/03/2019DutchPDF
Abridged model31/12/201715/03/201823/05/2018DutchPDF
Abridged model31/12/201627/03/201728/04/2017DutchPDF
Abridged model31/12/201522/03/201631/03/2016DutchPDF
Abridged model31/12/201425/03/201527/03/2015DutchPDF
Abridged model31/12/201326/03/201425/04/2014DutchPDF
Abridged model31/12/201218/03/201316/05/2013DutchPDF
Abridged model31/12/201126/03/201205/04/2012DutchPDF
Abridged model31/12/201024/03/201127/04/2011DutchPDF
Abridged model31/12/200920/03/201020/04/2010DutchPDF
Abridged model31/12/200816/03/200911/06/2009DutchPDF
Abridged model31/12/200719/03/200818/04/2008DutchPDF
Abridged model31/12/200614/03/200720/04/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

7 active · 57 ended

Active mandates

Bart Demuyt

Director

Active
Beatrix Steylaerts

Director

Active
Carine Rinkes

Director

Active
Hilde Plas

Director

Active
Ilse Delmeire

Director

Active
Paul Craenen

Director

Active
Stefaan Coninx

Director

Active

Ended mandates

Eline Muyters

Vice-chairman of the board of directors · since 28 mars 2023

Ended
Adelheid De Nijn

Director · since 27 mars 2023

Ended
Hilde Plas

Director · since 27 mars 2023

Ended
Kathleen Van Bavel

Director · since 27 mars 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates23/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/09/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/05/2020
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202563,6 k €↓
  2. 2024
    Annual accounts 2024182,2 k €↑
  3. 2023
    Annual accounts 202362,1 k €↑
  4. 2022
    Annual accounts 2022-52,8 k €↓
  5. 2021
    Annual accounts 2021-28 k €↓
  6. 2020
    Annual accounts 2020-20,4 k €↓
  7. 2019
    Annual accounts 2019-1,2 k €↓
  8. 2018
    Annual accounts 201851,9 k €↓
  9. 2017
    Annual accounts 201757,6 k €↑
  10. 2016
    Annual accounts 2016-36 k €↓
  11. 2015
    Annual accounts 2015-7 k €↓
  12. 2014
    Annual accounts 201448,3 k €↑
  13. 2013
    Annual accounts 2013-31,1 k €↓
  14. 2012
    Annual accounts 201224,5 k €↑
  15. 2011
    Annual accounts 2011-7 k €↓
  16. 2010
    Annual accounts 201044,3 k €↑
  17. 2009
    Annual accounts 200927,7 k €
  18. 02/01/1978
    IncorporationNon-profit organization