ACTIVE

MUZIKPROD

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Financial year 2025 · closed on 31/12/2025

Net result

10,2 k €

-93.5% YoY

Gross margin

41,5 k €

-82.7% YoY

Equity

208,2 k €

+5.2% YoY

What does MUZIKPROD do?

MUZIKPROD is a Private limited company incorporated in 2011. Its main activity is: Support activities to performing arts. Its registered office is in Ixelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0834.312.836

Incorporation

07/03/2011

Legal form

Private limited company

Registered office

Avenue de la Couronne 368
1050 Ixelles · BruxellesSee on map

Contributed capital

5 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

90029Support activities to performing arts· main 90399Creative, arts and entertainment activities 47630Retail sale of music and video recordings in specialised stores 47690Retail sale of cultural and recreation goods in specialised stores

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Gross margin	41,5 k €	-82.7%	240,2 k €	+22612%	-1,1 k €	-101%	84,5 k €	+527%	-19,8 k €	-154%	36,8 k €	+656%	4,9 k €	-63.2%	13,2 k €	-70.7%	45,1 k €	-38.6%	73,5 k €	+2042%	3,4 k €	-86.6%	25,7 k €	-73.4%	96,3 k €	+242%	-67,6 k €	-146%	146,4 k €
EBITDA	41 k €	-82.8%	239 k €	+7406%	-3,3 k €	-104%	83,5 k €	+503%	-20,7 k €	-158%	35,8 k €	+806%	4 k €	-67.7%	12,2 k €	-72.4%	44,3 k €	-39.1%	72,7 k €	+3903%	1,8 k €	-92.7%	25 k €	-74.0%	96,2 k €	+242%	-67,7 k €	-146%	145,9 k €
Operating result	19,8 k €	-90.6%	211,4 k €	+864%	-27,7 k €	-144%	63,5 k €	+274%	-36,4 k €	-291%	19,1 k €	+226%	-15,1 k €	-16.4%	-13 k €	-168%	19 k €	-31.4%	27,6 k €	+175%	-36,9 k €	-504%	9,1 k €	-87.2%	71,4 k €	+187%	-82,1 k €	-160%	137,8 k €
Net result	10,2 k €	-93.5%	157,5 k €	+578%	-33 k €	-157%	57,7 k €	+242%	-40,7 k €	-384%	14,3 k €	+170%	-20,6 k €	-13.3%	-18,2 k €	-241%	12,9 k €	-40.9%	21,8 k €	+155%	-39,6 k €	-636%	7,4 k €	-89.5%	70,5 k €	+185%	-82,9 k €	-195%	87,6 k €
Balance sheet
Equity	208,2 k €	+5.2%	198 k €	+390%	40,4 k €	-47.2%	76,6 k €	+305%	18,9 k €	-68.2%	59,6 k €	+31.6%	45,3 k €	-31.2%	65,9 k €	-21.6%	84,1 k €	+18.1%	71,2 k €	+44.2%	49,4 k €	-44.5%	89 k €	+9.1%	81,6 k €	+639%	11 k €	-88.3%	93,9 k €
Total assets	540,7 k €	+11.5%	484,9 k €	+96.8%	246,3 k €	-3.9%	256,3 k €	+2.9%	249 k €	-13.6%	288,3 k €	+7.8%	267,5 k €	-11.5%	302,2 k €	-15.5%	357,8 k €	-15.9%	425,3 k €	+31.4%	323,5 k €	+28.4%	252 k €	+66.6%	151,2 k €	+96.2%	77,1 k €	-51.7%	159,6 k €
Cash	135,7 k €	-43.4%	240 k €	+1685%	13,4 k €	-66.8%	40,5 k €	+123%	18,1 k €	-52.5%	38,2 k €	+96.8%	19,4 k €	+29.0%	15 k €	-68.4%	47,6 k €	+727%	5,7 k €	-34.7%	8,8 k €	-90.2%	90,1 k €	-0.4%	90,5 k €	+117%	41,8 k €	-66.1%	123,2 k €
Debts	332,5 k €	+15.9%	286,9 k €	+39.4%	205,9 k €	+14.5%	179,7 k €	-21.9%	230 k €	+0.6%	228,7 k €	+2.9%	222,2 k €	-6.0%	236,3 k €	-13.7%	273,7 k €	-22.7%	354,1 k €	+29.1%	274,2 k €	+68.2%	163 k €	+134%	69,6 k €	+5.4%	66 k €	+0.5%	65,7 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 6 ended

Active mandates

Egil FRANZEN

Director · since 24 mai 2023

Active

Matthew IRONS

Director · since 24 mai 2023

Active

ROMAIN DESCAMPE

Director · since 24 mai 2023

Active

Ended mandates

EGIL FRANZEN

Director · since 03 janvier 2012

Ended

EGIL FRANZEN

Manager · since 03 janvier 2012

Ended

MATTHEW IRONS

Director · since 03 janvier 2012

Ended

MATTHEW IRONS

Manager · since 03 janvier 2012

Ended

At this address

Other companies at this address

Company	CBE no.
Association des copropriétaires de l'immeuble sis à Ixelles, avenue de la Couronne 368● Active	0656.531.929
FROM THE TOP● Active	1026.707.881
Maxi-Liens asbl● Active	0740.580.845

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	24/08/2026	27/05/2025	03/06/2024	17/06/2023	13/05/2022	15/03/2021
General meeting	30/06/2026	22/05/2025	22/05/2024	15/06/2023	10/05/2022	11/03/2021
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

15 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	24/08/2026	French	PDF
Abridged model	31/12/2024	22/05/2025	27/05/2025	French	PDF
Abridged model	31/12/2023	22/05/2024	03/06/2024	French	PDF
Abridged model	31/12/2022	15/06/2023	17/06/2023	French	PDF
Abridged model	31/12/2021	10/05/2022	13/05/2022	French	PDF
Abridged model	31/12/2020	11/03/2021	15/03/2021	French	PDF
Abridged model	31/12/2019	31/08/2020	14/09/2020	French	PDF
Abridged model	31/12/2018	21/05/2019	11/06/2019	French	PDF
Abridged model	31/12/2017	11/05/2018	30/05/2018	French	PDF
Abridged model	31/12/2016	01/06/2017	02/06/2017	French	PDF
Abridged model	31/12/2015	15/06/2016	13/07/2016	French	PDF
Abridged model	31/12/2014	26/03/2015	01/04/2015	French	PDF
Abridged model	31/12/2013	20/08/2014	25/08/2014	French	PDF
Abridged model	31/12/2012	16/08/2013	22/08/2013	French	PDF
Abridged model	31/12/2011	21/08/2012	30/08/2012	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 3 active · 6 ended

Active mandates

Egil FRANZEN

Director · since 24 mai 2023

Active

Matthew IRONS

Director · since 24 mai 2023

Active

ROMAIN DESCAMPE

Director · since 24 mai 2023

Active

Ended mandates

EGIL FRANZEN

Director · since 03 janvier 2012

Ended

EGIL FRANZEN

Manager · since 03 janvier 2012

Ended

MATTHEW IRONS

Director · since 03 janvier 2012

Ended

MATTHEW IRONS

Manager · since 03 janvier 2012

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates15/06/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Mandates22/06/2017
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Mandates03/02/2012
DEMISSIONS, NOMINATIONS
PDF
Other09/03/2011
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 202510,2 k €↓
2024
Annual accounts 2024157,5 k €↑
2023
Annual accounts 2023-33 k €↓
2022
Annual accounts 202257,7 k €↑
2021
Annual accounts 2021-40,7 k €↓
2020
Annual accounts 202014,3 k €↑
2019
Annual accounts 2019-20,6 k €↓
2018
Annual accounts 2018-18,2 k €↓
2017
Annual accounts 201712,9 k €↓
2016
Annual accounts 201621,8 k €↑
2015
Annual accounts 2015-39,6 k €↓
2014
Annual accounts 20147,4 k €↓
2013
Annual accounts 201370,5 k €↑
2012
Annual accounts 2012-82,9 k €↓
2011
Annual accounts 201187,6 k €
07/03/2011
IncorporationPrivate 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

MUZIKPROD

Overview

What does MUZIKPROD do?

Trend over 15 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