OPENING OF BANKRUPTCY

B Fest

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Company — Opening of bankruptcy.

Financial year 2024 · Closed on 30/09/2024

Net result-2,4 M €-11 479,7 %over 1 year

Gross margin-177,4 k €-120,2 %over 1 year

Equity-2,3 M €-4 405,5 %over 1 year

Workforce10,2 ETP+20,0 %over 1 year

Identity

Source · BCE/KBO

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

Financials

Source · NBB, 18 filings

Trend over 16 financial years

	2024		2022		2021		2018		2017
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 €
EBITDA	-1,7 M €	-542%	377,1 k €	+1.2%	372,6 k €	+62.1%	229,9 k €	+20.6%	190,6 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 €
Net result	-2,4 M €	-11480%	20,7 k €	-1.3%	21 k €	+65.9%	12,6 k €	-39.4%	20,8 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 €
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 €
Cash	5,7 k €	-83.7%	34,8 k €	-41.4%	59,4 k €	-22.4%	76,6 k €	+1192%	5,9 k €
Debts	4,6 M €	+33.6%	3,5 M €	+45.5%	2,4 M €	+20.4%	2 M €	+22.9%	1,6 M €
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

Board of directors

Source · NBB, accounts to 30/09/2024

2 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Filip Ysenbrandt	Managing director26/11/2014 → 02/12/2030Manager19/03/2003 → 2006 accountsended
Peter Huyghe	Managing director26/11/2014 → 02/12/2030Manager21/08/1995 → 2006 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Peter Huyhe	Managing director31/05/2019 → 2019 accounts
Hendrik De Nolf	Chairman of the board of directors29/03/2013 → 2016 accounts
THX 11380810.629.691Represented by Peter Huyghe	Managing director29/03/2013 → 2014 accounts
Y-CONSULT0459.748.722Represented by Filip Ysenbrandt	Managing director29/03/2013 → 2014 accounts

Other companies at this address

Gaston Crommenlaan 8 9050 Gent

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1Enclose● Active	0445.243.856
Administratiekantoor Harmoney● Active	0791.181.785
ADVOCATENKANTOOR THIERRY GOFFART● Active	0711.940.012
ALP MOUNTAIN● Bankrupt	0799.146.673
Aperture Ventures● Active	1002.790.156
Arden● Active	0770.798.028
AresCo Europe● Bankrupt	0761.906.789
Arithma Belgium● Active	1037.453.008
Belclaims International● Active	0448.044.186
Billtrust Belgium● Active	0893.502.434
BT Bouwcoördinatie● Active	1015.790.532
BTRS Holdings Europe● Active	0775.445.021
COLUMBA SOFTWARE● Active	0543.704.497
ConnectEV België● Active	1003.829.640
Cooper Consumer Health BE● Active	0860.530.550
CRM● Bankrupt	0654.868.180
Cyber Policy House● Active	1001.008.128
DAS DESIGN● Bankrupt	0453.159.056
DEAL.7● Bankrupt	0779.753.306
Dema Infra● Bankrupt	0802.891.467

Full financial information

Source · NBB

	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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 18 filings

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

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.

Board of directors

Source · NBB, accounts to 30/09/2024

2 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Filip Ysenbrandt	Managing director26/11/2014 → 02/12/2030Manager19/03/2003 → 2006 accountsended
Peter Huyghe	Managing director26/11/2014 → 02/12/2030Manager21/08/1995 → 2006 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Peter Huyhe	Managing director31/05/2019 → 2019 accounts
Hendrik De Nolf	Chairman of the board of directors29/03/2013 → 2016 accounts
THX 11380810.629.691Represented by Peter Huyghe	Managing director29/03/2013 → 2014 accounts
Y-CONSULT0459.748.722Represented by Filip Ysenbrandt	Managing director29/03/2013 → 2014 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

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
Other11/07/2017
Uittreksel uit de notulen van de buitengewone algemene vergadering van ï
PDF
Mandates25/06/2015
ONTSLAGEN - BENOEMINGEN
PDF

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings16 filings

Mandates

Peter Huyghe

Filip Ysenbrandt

Peter Huyhe

Y-CONSULT

THX 1138

Hendrik De Nolf

STEFAN DOUTRELUINGNE

FREDERIK BROES

199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030

Twice Entertainment

Beversesteenweg 558 D, 8800 Roeselaere

Managing directorManager

Managing director

Chairman of the board of directorsManager

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Gaston Crommenlaan 8, 9050 Ledeberg (Gent)Current		CBE
Beversesteenweg 558 D, 8800 Roeselaere	accounts 2021 → 2024	Accounts 2024 · 2025-00115888

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
B FestCurrent		CBE
Twice Entertainment	accounts 2006 → 2024	Accounts 2024 · 2025-00115888

Events

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

B Fest

Overview

Identity

Financials

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

Timeline

Registered offices

Company names

Events