ACTIVE

UNIVERSAL MUSIC

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Financial year 2025 · closed on 31/12/2025

Net result

1,2 M €

-48.5% YoY

Revenue

46,3 M €

-0.0% YoY

Equity

18,6 M €

+7.0% YoY

Workforce

34,0 ETP

-15.0% YoY

What does UNIVERSAL MUSIC do?

UNIVERSAL MUSIC is a Public limited company incorporated in 1994. Its main activity is: Wholesale of electrical household appliances. Its registered office is in Bruxelles. It employs on average 34,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0452.127.490

Incorporation

16/03/1994

Legal form

Public limited company

Registered office

Rue Picard 7 box 305
1000 Bruxelles · BruxellesSee on map

Contributed capital

14 520 712,00 €

Latest accounts

31/12/2025

Average workforce

34,0 ETP

Activities (NACE)

46432Wholesale of electrical household appliances· main 46499Wholesale of other household goods 51430Air transport 59203Sound recording and music publishing activities 59203Sound recording and music publishing activities 92312Gambling and betting activities+4

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	46,3 M €	-0.0%	46,3 M €	+5.1%	44,1 M €	-7.7%	47,8 M €	+25.7%	38 M €	+9.1%	34,9 M €	-0.9%	35,2 M €	+8.1%	32,5 M €	+0.3%	32,5 M €	+8.7%	29,9 M €	+24.4%	24 M €	-4.1%	25,1 M €	-12.1%	28,5 M €	+16.6%	24,4 M €	-15.1%	28,8 M €	-0.7%	29 M €	-4.9%	30,5 M €	-15.1%	35,9 M €	-13.2%	41,4 M €	+15.4%	35,9 M €
EBITDA	1,4 M €	-26.8%	1,9 M €	+223%	585,4 k €	-84.5%	3,8 M €	+589%	-775 k €	+53.9%	-1,7 M €	-195%	1,8 M €	+11.7%	1,6 M €	+791%	178 k €	-90.9%	2 M €	+618%	272,1 k €	-83.2%	1,6 M €	-9.0%	1,8 M €	+27.7%	1,4 M €	-57.3%	3,3 M €	+146%	1,3 M €	+519%	213,3 k €	-95.5%	4,8 M €	+4.2%	4,6 M €	-20.4%	5,7 M €
Operating result	1,3 M €	-27.4%	1,8 M €	+282%	468,7 k €	-87.2%	3,7 M €	+503%	-908,4 k €	+48.8%	-1,8 M €	-203%	1,7 M €	+11.4%	1,5 M €	+231%	-1,2 M €	-295%	603 k €	+157%	-1,1 M €	-543%	239,6 k €	+517%	38,8 k €	-96.9%	1,3 M €	-59.8%	3,1 M €	+112%	-27 M €	-237%	-8 M €	-146%	-3,3 M €	+2.5%	-3,3 M €	-49.5%	-2,2 M €
Net result	1,2 M €	-48.5%	2,4 M €	+247%	676,8 k €	-79.1%	3,2 M €	+457%	-906,8 k €	+48.9%	-1,8 M €	-258%	1,1 M €	-11.5%	1,3 M €	+207%	-1,2 M €	-369%	439,7 k €	+139%	-1,1 M €	-690%	192,8 k €	+118%	-1 M €	-179%	-374,9 k €	-128%	1,3 M €	+105%	-28,5 M €	-149%	-11,5 M €	-49.4%	-7,7 M €	-25.7%	-6,1 M €	-21.8%	-5 M €
Balance sheet
Equity	18,6 M €	+7.0%	17,4 M €	+15.6%	15 M €	+4.7%	14,4 M €	+29.1%	11,1 M €	-7.5%	12 M €	-12.9%	13,8 M €	+8.8%	12,7 M €	+11.1%	11,4 M €	-9.4%	12,6 M €	+3.6%	12,2 M €	-8.6%	13,3 M €	+1.5%	13,1 M €	-7.4%	14,1 M €	+140%	-35,5 M €	+3.7%	-36,8 M €	-345%	-8,3 M €	-359%	3,2 M €	-70.6%	10,9 M €	-36.0%	17 M €
Total assets	39,4 M €	+1.2%	38,9 M €	+4.3%	37,3 M €	+9.3%	34,2 M €	+30.8%	26,1 M €	+6.9%	24,4 M €	-10.1%	27,1 M €	+1.4%	26,8 M €	+2.8%	26,1 M €	-4.2%	27,2 M €	-21.1%	34,5 M €	+2.3%	33,7 M €	-3.3%	34,8 M €	-47.6%	66,6 M €	+2.8%	64,8 M €	-0.6%	65,2 M €	-33.2%	97,6 M €	-5.0%	102,8 M €	-4.8%	108 M €	+70.0%	63,5 M €
Cash	274,7 k €	-27.2%	377,3 k €	+64.6%	229,2 k €	-4.3%	239,6 k €	-66.0%	705,5 k €		–		424,4 k €	+8.0%	392,9 k €	-65.6%	1,1 M €	+64.0%	696,8 k €	+241%	204,2 k €	+108%	98,2 k €	-96.1%	2,5 M €	+32.3%	1,9 M €	+221%	601 k €	-45.3%	1,1 M €	+460%	196,3 k €	+215%	62,3 k €	-47.7%	119,2 k €	-75.7%	490 k €
Debts	20,8 M €	-2.8%	21,4 M €	-3.5%	22,2 M €	+12.4%	19,7 M €	+32.4%	14,9 M €	+20.2%	12,4 M €	-7.2%	13,3 M €	-5.3%	14,1 M €	-3.6%	14,6 M €	+0.4%	14,6 M €	-34.2%	22,1 M €	+8.5%	20,4 M €	-6.1%	21,7 M €	-58.3%	52,2 M €	-47.9%	100,1 M €	-1.8%	101,9 M €	-3.6%	105,7 M €	+6.4%	99,4 M €	+2.6%	96,9 M €	+109%	46,4 M €
Other
Workforce	34,0 ETP	-15.0%	40,0 ETP	0.0%	40,0 ETP	0.0%	40,0 ETP	+0.3%	39,9 ETP	-4.5%	41,8 ETP	-1.6%	42,5 ETP	+7.6%	39,5 ETP	+2.3%	38,6 ETP	+5.5%	36,6 ETP	-10.1%	40,7 ETP	-0.5%	40,9 ETP	+7.1%	38,2 ETP	+6.7%	35,8 ETP	-4.3%	37,4 ETP	-8.1%	40,7 ETP	-5.8%	43,2 ETP	-6.9%	46,4 ETP	-7.2%	50,0 ETP	+10.4%	45,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 34 ended

Active mandates

Patrick GUNS

Managing director · since 23 octobre 2018 · until 13 mai 2030

Active

Pol WALRAET

Director · since 23 octobre 2018 · until 13 mai 2030

Active

Ended mandates

Cornelis VAN DER HOEVEN

Director · since 23 octobre 2018 · until 13 mai 2024

Ended

Cornelis VAN DER HOEVEN

Director · since 23 octobre 2018 · until 13 mai 2030

Ended

Patrick GUNS

Managing director · since 23 octobre 2018 · until 13 mai 2024

Ended

Pol WALRAET

Director · since 23 octobre 2018 · until 13 mai 2024

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/08/2026	07/07/2025	15/07/2024	07/07/2023	01/07/2022	01/07/2021
General meeting	28/08/2026	30/06/2025	10/07/2024	07/07/2023	30/06/2022	30/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	28/08/2026	28/08/2026	Dutch	PDF
Full model	31/12/2024	30/06/2025	07/07/2025	Dutch	PDF
Full model	31/12/2023	10/07/2024	15/07/2024	Dutch	PDF
Full model	31/12/2022	07/07/2023	07/07/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	01/07/2022	Dutch	PDF
Full model	31/12/2020	30/06/2021	01/07/2021	Dutch	PDF
Full model	31/12/2019	16/09/2020	21/09/2020	Dutch	PDF
Full model	31/12/2018	01/10/2019	08/10/2019	Dutch	PDF
Full model	31/12/2017	23/10/2018	12/11/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	05/07/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	13/07/2016	Dutch	PDF
Full model	31/12/2014	30/06/2015	02/07/2015	Dutch	PDF
Full model	31/12/2013	30/06/2014	30/06/2014	Dutch	PDF
Full model	31/12/2012	30/04/2013	11/06/2013	Dutch	PDF
Full model	31/12/2011	30/07/2012	09/08/2012	Dutch	PDF
Full model	31/12/2010	30/06/2011	20/07/2011	Dutch	PDF
Full model	31/12/2009	10/05/2010	09/07/2010	Dutch	PDF
Full model	31/12/2008	02/06/2009	16/12/2009	Dutch	PDF
Full modelCorrection	31/12/2007	30/04/2009	30/11/2009	Dutch	PDF
Full model	31/12/2007	30/07/2008	02/09/2008	Dutch	PDF
Full model	31/12/2006	14/05/2007	11/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 34 ended

Active mandates

Patrick GUNS

Managing director · since 23 octobre 2018 · until 13 mai 2030

Active

Pol WALRAET

Director · since 23 octobre 2018 · until 13 mai 2030

Active

Ended mandates

Cornelis VAN DER HOEVEN

Director · since 23 octobre 2018 · until 13 mai 2024

Ended

Cornelis VAN DER HOEVEN

Director · since 23 octobre 2018 · until 13 mai 2030

Ended

Patrick GUNS

Managing director · since 23 octobre 2018 · until 13 mai 2024

Ended

Pol WALRAET

Director · since 23 octobre 2018 · until 13 mai 2024

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates16/01/2026
ONTSLAGEN - BENOEMINGEN
PDF
Other04/12/2024
DIVERSEN
PDF
Mandates16/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/08/2022
ONTSLAGEN - BENOEMINGEN
PDF
Registered office31/08/2020
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - SIEGE SOCIAL
PDF
Mandates28/10/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/10/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/03/2017
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 20251,2 M €↓
2024
Annual accounts 20242,4 M €↑
10/07/2024
reconductionPatrick Guns — bestuurder
10/07/2024
reconductionPol Walraet — bestuurder
10/07/2024
reconductionCorelis van der Hoeven — bestuurder
2023
Annual accounts 2023676,8 k €↓
2022
Annual accounts 20223,2 M €↑
09/05/2022
reconductionEY BEDRIJFSREVISOREN — commissaris
2021
Annual accounts 2021-906,8 k €↑
2020
Annual accounts 2020-1,8 M €↓
2019
Annual accounts 20191,1 M €↓
2018
Annual accounts 20181,3 M €↑
2017
Annual accounts 2017-1,2 M €↓
2016
Annual accounts 2016439,7 k €↑
2015
Annual accounts 2015-1,1 M €↓
2014
Annual accounts 2014192,8 k €↑
2013
Annual accounts 2013-1 M €↓
2012
Annual accounts 2012-374,9 k €↓
2011
Annual accounts 20111,3 M €↑
2010
Annual accounts 2010-28,5 M €↓
2009
Annual accounts 2009-11,5 M €↓
2008
Annual accounts 2008-7,7 M €↓
2007
Annual accounts 2007-6,1 M €↓
2006
Annual accounts 2006-5 M €
16/03/1994
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

UNIVERSAL MUSIC

Overview

What does UNIVERSAL MUSIC do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline