ACTIVE

Hans Kusters Music

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Financial year 2024 · Closed on 31/12/2024

Net result2,8 M €+636,5 %over 1 year
Gross margin195,7 k €-71,0 %over 1 year
Equity144,1 k €-81,2 %over 1 year
Workforce2,3 ETP-4,2 %over 1 year

Identity

Source · BCE/KBO

Hans Kusters Music is a Public limited company incorporated in 1972. Its registered office is in Asse. It employs on average 2,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0412.140.825
Incorporation
10/04/1972
Legal form
Public limited company
Registered office
Broekstraat 10
1730 Asse · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2024
Average workforce
2,3 ETP
Joint committees (3)
  • 100
  • 200
  • 218
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 19 financial years

20242023202220212020
Income statement
Gross margin195,7 k €674,5 k €205,3 k €192,2 k €180,4 k €
EBITDA49,3 k €529,1 k €59,7 k €52,6 k €34 k €
Operating result47 k €525 k €43,3 k €35,6 k €16,9 k €
Net result2,8 M €377 k €23,3 k €144,4 k €6,7 k €
Balance sheet
Equity144,1 k €767,7 k €390,7 k €367,4 k €223 k €
Total assets633,6 k €1,4 M €803,8 k €706,1 k €821,4 k €
Cash548,2 k €719,3 k €479,8 k €467,9 k €544,1 k €
Debts225,5 k €226,3 k €224,6 k €243,7 k €495,7 k €
Other
Workforce2,3 ETP2,4 ETP2,5 ETP2,6 ETP2,6 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 31/12/2024

3 active · 23 ended

Active mandates

Beleke Kusters

Director · since 24 août 2023 · until 23 août 2029

Active
HPK HOLDING

Director · since 24 août 2023 · until 23 août 2029 · 0896.033.045

Represented by Hans Kusters

Active
Willem van Kooten

Director · since 24 août 2023 · until 16 octobre 2024

Active

Ended mandates

Willem van Kooten

Director · since 24 août 2023 · until 23 août 2029

Ended
Beleke Kusters

Director · since 24 juin 2022 · until 30 juin 2028

Ended
HPK HOLDING

Managing director · since 24 juin 2022 · until 30 juin 2028 · 0896.033.045

Represented by Hans Kusters

Ended
Willem Van Kooten

Director · since 24 juin 2022 · until 30 juin 2028

Ended

Other companies at this address

Broekstraat 10 1730 Asse
CompanyCBE no.
ADVOCATENKANTOOR BELEKE KUSTERS● Active
0783.750.892
Fever Music● Active
0413.330.658
H.K.M. RECORDS● Active
0454.047.892
HPK HOLDING● Active
0896.033.045
K. PARTNERS MANAGEMENT AND CONSULTANCY● Active
0440.472.545
MAMOTSJKA MUSIC● Active
0451.378.414
Radio Télé Music Belgique-Hollande● Active
0406.631.027

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/08/202618/07/202430/06/202320/07/202231/08/202106/08/2020
General meeting31/10/202521/06/202430/06/202324/06/202225/06/202126/06/2020
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, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged modelCorrection31/12/202431/10/202531/08/2026DutchPDF
Abridged model31/12/202420/06/202531/10/2025DutchPDF
Abridged model31/12/202321/06/202418/07/2024DutchPDF
Abridged model31/12/202230/06/202330/06/2023DutchPDF
Abridged model31/12/202124/06/202220/07/2022DutchPDF
Abridged model31/12/202025/06/202131/08/2021DutchPDF
Abridged model31/12/201926/06/202006/08/2020DutchPDF
Abridged model31/12/201828/06/201931/07/2019DutchPDF
Abridged model31/12/201729/06/201831/07/2018DutchPDF
Abridged model31/12/201630/06/201731/07/2017DutchPDF
Abridged model31/12/201524/06/201620/07/2016DutchPDF
Abridged model31/12/201426/06/201519/08/2015DutchPDF
Abridged modelCorrection31/12/201327/06/201404/02/2015DutchPDF
Abridged model31/12/201327/06/201430/07/2014DutchPDF
Abridged model31/12/201228/06/201328/08/2013DutchPDF
Abridged model31/12/201129/06/201222/10/2012DutchPDF
Abridged model31/12/201024/06/201118/07/2011DutchPDF
Abridged model31/12/200925/06/201015/07/2010DutchPDF
Abridged model31/12/200826/06/200928/07/2009DutchPDF
Abridged model31/12/200727/06/200822/07/2008DutchPDF
Abridged model31/12/200629/06/200702/07/2007DutchPDF

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 31/12/2024

3 active · 23 ended

Active mandates

Beleke Kusters

Director · since 24 août 2023 · until 23 août 2029

Active
HPK HOLDING

Director · since 24 août 2023 · until 23 août 2029 · 0896.033.045

Represented by Hans Kusters

Active
Willem van Kooten

Director · since 24 août 2023 · until 16 octobre 2024

Active

Ended mandates

Willem van Kooten

Director · since 24 août 2023 · until 23 août 2029

Ended
Beleke Kusters

Director · since 24 juin 2022 · until 30 juin 2028

Ended
HPK HOLDING

Managing director · since 24 juin 2022 · until 30 juin 2028 · 0896.033.045

Represented by Hans Kusters

Ended
Willem Van Kooten

Director · since 24 juin 2022 · until 30 juin 2028

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates08/09/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/09/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/01/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/05/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/08/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/09/2004
    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. 2024
    Annual accounts 20242,8 M €↑
  2. 2023
    Annual accounts 2023377 k €↑
  3. 2022
    Annual accounts 202223,3 k €↓
  4. 2021
    Annual accounts 2021144,4 k €↑
  5. 2020
    Annual accounts 20206,7 k €↑
  6. 2019
    Annual accounts 2019-22,9 k €↓
  7. 2018
    Annual accounts 201812,7 k €↑
  8. 2017
    Annual accounts 201710,5 k €↓
  9. 2016
    Annual accounts 201613,4 k €↑
  10. 2015
    Annual accounts 2015359,4 €↓
  11. 2014
    Annual accounts 201420,5 k €↑
  12. 2013
    Annual accounts 20136,2 k €↓
  13. 2012
    Annual accounts 201211,1 k €↑
  14. 2011
    Annual accounts 20113,7 k €↓
  15. 2010
    Annual accounts 201010 k €↓
  16. 2009
    Annual accounts 200965,3 k €↓
  17. 2008
    Annual accounts 200875,7 k €↓
  18. 2007
    Annual accounts 2007161 k €↑
  19. 2006
    Annual accounts 2006-115,1 k €
  20. 10/04/1972
    IncorporationPublic limited company