OPENING OF BANKRUPTCY

B Fest

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Financial year 2024 · closed on 30/09/2024

Net result

-2,4 M €

-11479.7% YoY

Gross margin

-177,4 k €

-120.2% YoY

Equity

-2,3 M €

-4405.5% YoY

Workforce

10,2 ETP

+20.0% YoY

Company — Opening of bankruptcy.

Strike-off: 06 août 2026

What does B Fest do?

B Fest is a Public limited company incorporated in 1995. Its main activity is: Gambling and betting activities. Its registered office is in Gent. It employs on average 10,2 ETP workers (FTE).

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0455.838.731

Incorporation

01/07/1995

Legal form

Public limited company

Registered office

Gaston Crommenlaan 8
9050 Gent · FlandreSee on map

Contributed capital

717 750,00 €

Latest accounts

30/09/2024

Average workforce

10,2 ETP

Activities (NACE)

92340Gambling and betting activities· main 93299Other amusement and recreation activities 93299Other amusement and recreation activities

Joint committees (5)

100
10000
200
20000
218

Contacts

2 public details availableLog in to view

Signals

Healthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 16 financial years

	2024		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	-177,4 k €	-120%	877,5 k €	+22.3%	717,7 k €	+13.9%	630,2 k €	+14.5%	550,4 k €	-3.8%	572,3 k €		–		–		–		–		–		620 k €	-17.8%	754,4 k €	+6.8%	706,4 k €	+77.7%	397,6 k €	+198%	133,4 k €
EBITDA	-1,7 M €	-542%	377,1 k €	+1.2%	372,6 k €	+62.1%	229,9 k €	+20.6%	190,6 k €	-19.1%	235,6 k €	+14.0%	206,7 k €	+1044%	18,1 k €	-93.0%	258,9 k €	+38.2%	187,3 k €	+97.3%	95 k €	-59.9%	237,1 k €	-26.5%	322,6 k €	+4.2%	309,6 k €	+35.5%	228,5 k €	+620%	31,7 k €
Operating result	-2,3 M €	-7225%	32,5 k €	-36.9%	51,5 k €	+80.0%	28,6 k €	-9.8%	31,7 k €	-35.8%	49,4 k €	-12.8%	56,7 k €	+135%	-160,1 k €	-507%	39,4 k €	+28.3%	30,7 k €	+176%	-40,5 k €	-31.9%	-30,7 k €	-146%	66,7 k €	-37.8%	107,2 k €	+11.5%	96,2 k €	+1517%	-6,8 k €
Net result	-2,4 M €	-11480%	20,7 k €	-1.3%	21 k €	+65.9%	12,6 k €	-39.4%	20,8 k €	-17.7%	25,3 k €	-22.9%	32,8 k €	+119%	-171,3 k €	-6920%	2,5 k €	-94.4%	45,2 k €	+245%	13,1 k €	+49.9%	8,7 k €	-75.4%	35,4 k €	-36.1%	55,5 k €	+19.8%	46,3 k €	+1407%	3,1 k €
Balance sheet
Equity	-2,3 M €	-4406%	53,4 k €	+63.2%	32,7 k €	-87.0%	251,7 k €	+5.3%	239,1 k €	+9.6%	218,2 k €	+13.1%	192,9 k €	+20.5%	160,1 k €	-51.7%	331,4 k €	+0.8%	328,9 k €	+15.9%	283,7 k €	+4.8%	270,6 k €	+3.3%	261,9 k €	+15.6%	226,4 k €	+32.5%	170,9 k €	-20.8%	215,8 k €
Total assets	2,5 M €	-29.9%	3,6 M €	+31.6%	2,7 M €	+15.2%	2,4 M €	+27.5%	1,9 M €	-15.9%	2,2 M €	-2.5%	2,3 M €	-0.9%	2,3 M €	-26.3%	3,1 M €	+56.0%	2 M €	+94.1%	1 M €	-0.8%	1 M €	-21.4%	1,3 M €	-33.2%	2 M €	+10.1%	1,8 M €	+191%	619,1 k €
Cash	5,7 k €	-83.7%	34,8 k €	-41.4%	59,4 k €	-22.4%	76,6 k €	+1192%	5,9 k €	-86.6%	44,1 k €	+153%	17,5 k €	-75.5%	71,2 k €	+115%	33,1 k €	-30.6%	47,8 k €	-41.8%	82 k €	+43.9%	57 k €	+59.6%	35,7 k €	-83.7%	219,5 k €	-40.3%	367,5 k €	+1308%	26,1 k €
Debts	4,6 M €	+33.6%	3,5 M €	+45.5%	2,4 M €	+20.4%	2 M €	+22.9%	1,6 M €	-19.5%	2 M €	-2.2%	2,1 M €	-4.4%	2,1 M €	+1.7%	2,1 M €	+25.9%	1,7 M €	+124%	749,1 k €	-2.7%	770,1 k €	-27.5%	1,1 M €	-39.5%	1,8 M €	+7.8%	1,6 M €	+305%	402,2 k €
Other
Workforce	10,2 ETP	+20.0%	8,5 ETP	+28.8%	6,6 ETP	-4.3%	6,9 ETP	-10.4%	7,7 ETP	-1.3%	7,8 ETP	+5.4%	7,4 ETP	0.0%	7,4 ETP	+37.0%	5,4 ETP	-15.6%	6,4 ETP	-4.5%	6,7 ETP	-14.1%	7,8 ETP	-10.3%	8,7 ETP	-4.4%	9,1 ETP	+89.6%	4,8 ETP	+45.5%	3,3 ETP

Governance

Board of directors

Seen on filing of 30/09/2024 · 2 active · 19 ended

Active mandates

Filip Ysenbrandt

Managing director · since 31 mai 2019 · until 02 décembre 2030

Active

Peter Huyghe

Managing director · since 31 mai 2019 · until 02 décembre 2030

Active

Ended mandates

Filip Ysenbrandt

Managing director · since 31 mai 2019 · until 01 avril 2024

Ended

Peter Huyghe

Managing director · since 31 mai 2019 · until 01 avril 2024

Ended

Peter Huyhe

Managing director · since 31 mai 2019 · until 01 avril 2024

Ended

Filip Ysenbrandt

Managing director · since 26 novembre 2014 · until 01 avril 2019

Ended

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Annual accounts

Full financial information

	2024	2022	2021	2020	2019	2018
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019	01/01/2018
Closing of the financial year	30/09/2024	31/12/2022	31/12/2021	31/12/2020	31/12/2019	31/12/2018
Length of the financial year	21 months	12 months	12 months	12 months	12 months	12 months
Filing date	02/06/2025	06/07/2023	14/04/2022	17/03/2021	24/04/2020	17/06/2019
General meeting	31/03/2025	01/06/2023	01/04/2022	12/03/2021	01/04/2020	31/05/2019
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2024	31/03/2025	02/06/2025	Dutch	PDF
Abridged model	31/12/2022	01/06/2023	06/07/2023	Dutch	PDF
Abridged model	31/12/2021	01/04/2022	14/04/2022	Dutch	PDF
Abridged model	31/12/2020	12/03/2021	17/03/2021	Dutch	PDF
Abridged model	31/12/2019	01/04/2020	24/04/2020	Dutch	PDF
Abridged model	31/12/2018	31/05/2019	17/06/2019	Dutch	PDF
Abridged model	31/12/2017	29/05/2018	12/06/2018	Dutch	PDF
Abridged model	31/12/2016	22/04/2017	24/07/2017	Dutch	PDF
Full model	31/12/2015	22/04/2016	28/06/2016	Dutch	PDF
Full model	31/12/2014	01/04/2015	26/05/2015	Dutch	PDF
Full model	31/12/2013	01/04/2014	27/06/2014	Dutch	PDF
Full model	31/12/2012	02/04/2013	29/04/2013	Dutch	PDF
Full model	31/12/2011	29/06/2012	12/07/2012	Dutch	PDF
Abridged model	31/12/2010	01/04/2011	28/04/2011	Dutch	PDF
Abridged model	31/12/2009	01/04/2010	03/05/2010	Dutch	PDF
Abridged model	31/12/2008	01/04/2009	29/04/2009	Dutch	PDF
Abridged model	31/12/2007	01/04/2008	21/04/2008	Dutch	PDF
Abridged model	31/12/2006	01/04/2007	29/06/2007	Dutch	PDF

Estimate

Indicative valuation

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 30/09/2024 · 2 active · 19 ended

Active mandates

Filip Ysenbrandt

Managing director · since 31 mai 2019 · until 02 décembre 2030

Active

Peter Huyghe

Managing director · since 31 mai 2019 · until 02 décembre 2030

Active

Ended mandates

Filip Ysenbrandt

Managing director · since 31 mai 2019 · until 01 avril 2024

Ended

Peter Huyghe

Managing director · since 31 mai 2019 · until 01 avril 2024

Ended

Peter Huyhe

Managing director · since 31 mai 2019 · until 01 avril 2024

Ended

Filip Ysenbrandt

Managing director · since 26 novembre 2014 · until 01 avril 2019

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office26/01/2026
MAATSCHAPPELIJKE ZETEL
PDF
Mandates16/07/2025
BENAMING - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Other19/01/2024
ALGEMENE VERGADERING - BOEKJAAR
PDF
Capital / shares12/02/2021
KAPITAAL - AANDELEN
PDF
Registered office26/01/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN
PDF
Mandates19/07/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/07/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/06/2015
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

2024
Annual accounts 2024-2,4 M €↓
2022
Annual accounts 202220,7 k €↓
2021
Annual accounts 202121 k €↑
2018
Annual accounts 201812,6 k €↓
2017
Annual accounts 201720,8 k €↓
2016
Annual accounts 201625,3 k €↓
2015
Annual accounts 201532,8 k €↑
2014
Annual accounts 2014-171,3 k €↓
2013
Annual accounts 20132,5 k €↓
2012
Annual accounts 201245,2 k €↑
2011
Annual accounts 201113,1 k €↑
2010
Annual accounts 20108,7 k €↓
2009
Annual accounts 200935,4 k €↓
2008
Annual accounts 200855,5 k €↑
2007
Annual accounts 200746,3 k €↑
2006
Annual accounts 20063,1 k €
01/07/1995
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

B Fest

Overview

What does B Fest do?

Trend over 16 financial years

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