ACTIVE

B-CLASSIC FESTIVAL VAN VLAANDEREN

Financial year 2023 · Closed on 31/12/2023

Net result41,4 k €+450,9 %over 1 year
Revenue310,5 k €+75,1 %over 1 year
Equity289,5 k €+16,7 %over 1 year
Workforce2,5 ETP+92,3 %over 1 year

Identity

Source · BCE/KBO

B-CLASSIC FESTIVAL VAN VLAANDEREN is a Non-profit organization incorporated in 1962. Its main activity is: Performing arts. Its registered office is in Tongeren-Borgloon. It employs on average 2,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0410.775.895
Incorporation
23/11/1962
Legal form
Non-profit organization
Registered office
Dijk 111 box 2
3700 Tongeren-Borgloon · FlandreSee on map
Latest accounts
31/12/2023
Average workforce
2,5 ETP
Joint committees (1)
  • 304
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 5 filings

Trend over 5 financial years

20232022202120202019
Income statement
Revenue310,5 k €177,3 k €77,3 k €46,8 k €250,8 k €
EBITDA43,8 k €-4,9 k €77,5 k €14,2 k €1,1 k €
Operating result41,2 k €-6,4 k €75,8 k €13,8 k €770,4 €
Net result41,4 k €-11,8 k €53,1 k €9,1 k €-2,3 k €
Balance sheet
Equity289,5 k €248,1 k €259,9 k €206,8 k €197,7 k €
Total assets409,8 k €338 k €361,5 k €391,9 k €238,2 k €
Cash300,8 k €222,9 k €255,2 k €321,4 k €189,3 k €
Debts56,3 k €88,8 k €80,5 k €57,8 k €40,4 k €
Other
Workforce2,5 ETP1,3 ETP1,0 ETP1,0 ETP1,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2023

11 active · 21 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Stefan Deckers
Directorsince 04/03/2024
000
Liesbeth Steppe
Directorsince 23/03/2022
000
Bart Lodewijckx
Directorsince 18/03/2020
000
Karolien De Clippel
Directorsince 18/03/2020
Ignace Schops
Directorsince 08/03/2017
00
Mustafa (Musti) Önlen
Director08/03/2017 → 04/03/2024
Niek Baerten
Directorsince 08/03/2017
Hugo Peumans
Directorsince 03/09/2012
0
Jacques Baerten
Director03/09/2012 → 23/03/2023
Maria (Mit) Lenaerts
Directorsince 03/09/2012
Yvette Nootens
Directorsince 03/09/2012

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Bart Lodewijckx
Directorsince 12/06/2020
000
Karolien De Clippel
Directorsince 12/06/2020
Solange Borges
Director12/06/2020 → 14/09/2021
Gilles Ledure
Director08/03/2017 → 14/09/2021

Other companies at this address

Dijk 111 3700 Tongeren-Borgloon
CompanyCBE no.
0563.412.226
De Velinx● Liquidation
0451.829.463

Full financial information

Source · NBB
20232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months
Filing date03/04/202421/06/202329/04/202228/12/202128/12/2021
General meeting04/03/202422/03/202323/03/202225/03/202118/03/2020
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 5 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202304/03/202403/04/2024DutchPDF
Full model31/12/202222/03/202321/06/2023DutchPDF
Full model31/12/202123/03/202229/04/2022DutchPDF
Full model31/12/202025/03/202128/12/2021DutchPDF
Full model31/12/201918/03/202028/12/2021DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2023

11 active · 21 ended

Active mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Stefan Deckers
Directorsince 04/03/2024
000
Liesbeth Steppe
Directorsince 23/03/2022
000
Bart Lodewijckx
Directorsince 18/03/2020
000
Karolien De Clippel
Directorsince 18/03/2020
Ignace Schops
Directorsince 08/03/2017
00
Mustafa (Musti) Önlen
Director08/03/2017 → 04/03/2024
Niek Baerten
Directorsince 08/03/2017
Hugo Peumans
Directorsince 03/09/2012
0
Jacques Baerten
Director03/09/2012 → 23/03/2023
Maria (Mit) Lenaerts
Directorsince 03/09/2012
Yvette Nootens
Directorsince 03/09/2012

Ended mandates

DirectorFunctionMandateOther mandatescurrentendedstruck offbankruptcies
Bart Lodewijckx
Directorsince 12/06/2020
000
Karolien De Clippel
Directorsince 12/06/2020
Solange Borges
Director12/06/2020 → 14/09/2021
Gilles Ledure
Director08/03/2017 → 14/09/2021

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates20/03/2026
    Benoemingen
    PDF
  • Mandates16/04/2024
    Wijziging handtekenbevoegdheid, ontslagen en benoemingen
    PDF
  • Mandates30/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/10/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/06/2020
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates21/11/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/04/2017
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates07/06/2016
    BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2023
    Annual accounts 202341,4 k €↑
  2. 2022
    Annual accounts 2022-11,8 k €↓
  3. 2021
    Annual accounts 202153,1 k €↑
  4. 2020
    Annual accounts 20209,1 k €↑
  5. 2019
    Annual accounts 2019-2,3 k €
  6. 23/11/1962
    IncorporationNon-profit organization